Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Morguard North American Residential Real Estate Investment Trust (OTCPK:MNARF) Price-to-Funds-From-Operations Explanation
For common stocks, investors use PE ratio, Price to Earnings raio to compare the valuation of different companies. Price-to-Funds-From-Operations ratio is a comparable measure used in the REIT industry. It's a better way to assess whether a REIT is expensive or cheap relative to peers.
Morguard North American Residential Real Estate Investment Trust Price-to-Funds-From-Operations Related Terms
Morguard North American Residential Real Estate Investment Trust Price-to-Funds-From-Operations Historical Data
* 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 North American Residential Real Estate Investment Trust Price-to-Funds-From-Operations Chart
Morguard North American Residential Real Estate Investment Trust Annual Data
* 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 North American Residential Real Estate Investment Trust Price-to-Funds-From-Operations vs REITs Industry
Morguard North American Residential Real Estate Investment Trust's Share Price of today is $11.22. Morguard North American Residential Real Estate Investment Trust's FFO per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.25.
* 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.
What does a Price-to-Funds-From-Operations of 44.35 mean?
Morguard North American Residential Real Estate Investment Trust (MNARF) has a Price-to-Funds-From-Operations of 44.35 as of Sep. 22, 2026.
Is Morguard North American Residential Real Estate Investment Trust's Price-to-Funds-From-Operations too high?
Morguard North American Residential Real Estate Investment Trust's current Price-to-Funds-From-Operations is 44.35. Overall, Morguard North American Residential Real Estate Investment Trust has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morguard North American Residential Real Estate Investment Trust's Price-to-Funds-From-Operations compare to VMRK and EQR?
Morguard North American Residential Real Estate Investment Trust's Price-to-Funds-From-Operations of 44.35 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Funds-From-Operations for a REITs company?
A good Price-to-Funds-From-Operations depends on the REITs industry context. However, Price-to-Funds-From-Operations should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Funds-From-Operations mean?
A high Price-to-Funds-From-Operations can signal that a stock is expensive relative to its fundamentals. Morguard North American Residential Real Estate Investment Trust's current Price-to-Funds-From-Operations is 44.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morguard North American Residential Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Morguard North American Residential Real Estate Investment Trust (MNARF) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.96, compared to a current price of $11.22 — trading 13.4% below its estimated fair value. The current Price-to-Funds-From-Operations is 44.35. Morguard North American Residential Real Estate Investment Trust's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Funds-From-Operations calculated?
Price-to-Funds-From-Operations is calculated from a company's financial statements. For Morguard North American Residential Real Estate Investment Trust (MNARF), the current Price-to-Funds-From-Operations is 44.35 as of Sep. 22, 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 North American Residential Real Estate Investment Trust (MNARF) Overvalued in 2026?
Based on GuruFocus' analysis, Morguard North American Residential Real Estate Investment Trust stock appears to be undervalued.
The current stock price of $11.22 is trading 13.4% below its estimated GF Value™ of $12.96.
GuruFocus considers Morguard North American Residential Real Estate Investment Trust to be Modestly Undervalued.
Key valuation signals for MNARF:
Price-to-Funds-From-Operations: 44.35
GF Value™: $12.96 vs. price of $11.22 (13.4% below fair value)
No single metric tells the full story. See the MNARF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morguard North American Residential Real Estate Investment Trust (MRG.UN) is a Canadian open-end real estate investment trust that owns and manages multi-suite residential rental properties in Canada and the United States. The REIT acquires, develops, owns, and operates apartment communities, generating revenue primarily through residential rental income, supplemented by ancillary services such as parking and laundry. It reports in two geographic segments, Canada and the United States, with the U.S. portfolio accounting for the majority of revenue and concentrated in markets across the southern and midwestern United States. The trust is externally managed by Morguard Corporation, a Canadian real estate company, which provides property management, acquisition, and administrative services under a management agreement. Units trade on the Toronto Stock Exchange, and the REIT distributes a significant portion of its cash flow to unitholders on a monthly basis.
81GF Score
Get the complete analysis for MNARF
Price-to-Funds-From-Operations is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MNARF has been successfully added to your 
