Morguard Real Estate Investment Trust (TSX:MRT.UN) OCF Margin %: 8.37% (As of Mar. 2026) — 74% Below Median


TSX:MRT.UN Morguard Real Estate Investment Trust TSX:MRT.UN
63 GF Score
Price C$6.80
GF Value C$5.41
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Morguard Real Estate Investment Trust OCF Margin %?

Morguard Real Estate Investment Trust TSX:MRT.UN +0.74% 63 OCF Margin % is 8.37% as of Mar. 2026, which is 74% below its 10-year median of 31.61. GuruFocus rates TSX:MRT.UN with a GF Score™ of 63/100 and a GF Value™ of C$5.41 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 936 REITs companies, Morguard Real Estate Investment Trust ranks worse than 75.32% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Morguard Real Estate Investment Trust's Cash Flow from Operations for the three months ended in Mar. 2026 was C$5.0 Mil. Morguard Real Estate Investment Trust's Revenue for the three months ended in Mar. 2026 was C$60.0 Mil. Therefore, Morguard Real Estate Investment Trust's OCF Margin % for the quarter that ended in Mar. 2026 was 8.37%.

As of today, Morguard Real Estate Investment Trust's current OCF Yield % is 9.62%.

The historical rank and industry rank for Morguard Real Estate Investment Trust's OCF Margin % or its related term are showing as below:

TSX:MRT.UN' s OCF Margin % Range Over the Past 10 Years
Min: 16.88   Med: 31.61   Max: 41.02
Current: 18.16


During the past 13 years, the highest OCF Margin % of Morguard Real Estate Investment Trust was 41.02%. The lowest was 16.88%. And the median was 31.61%.

TSX:MRT.UN's OCF Margin % is ranked worse than
75.32% of 936 companies
in the REITs industry
Industry Median: 49.535 vs TSX:MRT.UN: 18.16


Morguard Real Estate Investment Trust OCF Margin % Related Terms


Morguard Real Estate Investment Trust OCF Margin % Historical Data

* Premium members only.

The historical data trend for Morguard Real Estate Investment Trust's OCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Morguard Real Estate Investment Trust OCF Margin % Chart

Morguard Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.21 30.49 26.00 21.29 16.88

Morguard Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.77 -0.17 40.93 23.60 8.37

TSX:MRT.UN vs VICI, WPC, BNL: OCF Margin % Comparison

For the REIT - Diversified subindustry, Morguard Real Estate Investment Trust's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Morguard Real Estate Investment Trust OCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Morguard Real Estate Investment Trust's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Morguard Real Estate Investment Trust's OCF Margin % falls into.


TSX:MRT.UN
63GF Score
Morguard Real Estate Investment Trust TSX:MRT.UN
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Morguard Real Estate Investment Trust OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Morguard Real Estate Investment Trust's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=40.408/239.339
=16.88 %

Morguard Real Estate Investment Trust's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=5.027/60.045
=8.37 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 8.37% mean?
Morguard Real Estate Investment Trust (TSX:MRT.UN) has a OCF Margin % of 8.37% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Morguard Real Estate Investment Trust and its competitors. This is 74% below median its historical median of 31.61. Over the past decade, Morguard Real Estate Investment Trust's OCF Margin % has ranged from 16.88 to 41.02. According to the industry distribution chart, Morguard Real Estate Investment Trust ranks #705 out of 936 companies in the REITs industry, placing it in the top 75.3%.
Is Morguard Real Estate Investment Trust's OCF Margin % too high?
Morguard Real Estate Investment Trust's current OCF Margin % of 8.37% is 74% below median its 10-year median of 31.61. Over the past 10 years, this metric has ranged from a low of 16.88 to a high of 41.02. The REITs industry median OCF Margin % is 49.54. Morguard Real Estate Investment Trust's value of 8.37% is 83.1% below this industry median. Based on the distribution chart, Morguard Real Estate Investment Trust ranks #705 out of 936 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Morguard Real Estate Investment Trust has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morguard Real Estate Investment Trust's OCF Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Morguard Real Estate Investment Trust ranks #705 out of 936 companies for OCF Margin %. This places Morguard Real Estate Investment Trust in the lower half of its industry. The industry median OCF Margin % is 49.54. Morguard Real Estate Investment Trust's value of 8.37% is 83.1% below this benchmark. Historically, Morguard Real Estate Investment Trust's own OCF Margin % has ranged from 16.88 to 41.02 over the past decade. While the company's 10-year median is 31.61 vs. the industry median of 49.54, Morguard Real Estate Investment Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 49.54, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morguard Real Estate Investment Trust's current OCF Margin % of 8.37% is 83.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Morguard Real Estate Investment Trust and its competitors. For the REITs industry, the median OCF Margin % is 49.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morguard Real Estate Investment Trust's current OCF Margin % is 8.37%, which is 74% below median its own 10-year median of 31.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morguard Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Morguard Real Estate Investment Trust (TSX:MRT.UN) is currently considered Modestly Overvalued. The stock's GF Value™ is C$5.41, compared to a current price of C$6.80 — trading 25.7% above its estimated fair value. The current OCF Margin % is 8.37%, which is 74% below median its 10-year median of 31.61 and 83.1% below the REITs industry median of 49.54. Morguard Real Estate Investment Trust's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Morguard Real Estate Investment Trust (TSX:MRT.UN), the current OCF Margin % is 8.37% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Morguard Real Estate Investment Trust (TSX:MRT.UN) Overvalued in 2026?

Based on GuruFocus' analysis, Morguard Real Estate Investment Trust stock appears to be overvalued. The current stock price of C$6.80 is trading 25.7% above its estimated GF Value™ of C$5.41. GuruFocus considers Morguard Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for TSX:MRT.UN:

  • OCF Margin %: 8.37% (74% below median its 10-year median of 31.61)
  • GF Value™: C$5.41 vs. price of C$6.80 (25.7% above fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 83.1% below the REITs median (#705 of 936)

No single metric tells the full story. See the TSX:MRT.UN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morguard Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address 55 City Centre Drive, Suite 1000, Mississauga, ON, CAN, L5B 1M3
Morguard Real Estate Investment Trust is a closed-end trust that owns, manages, and invests in a diversified real estate portfolio of commercial properties across Canada. The company has three reportable segments namely Retail, Office, and Industrial. It derives maximum revenue from the Retail segment.
63GF Score

Get the complete analysis for TSX:MRT.UN

OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$6.80
Price
C$5.41
GF Value