Morguard Corporation

DB:74S Stock Report

Market Cap: €815.0m

Morguard Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Kuldip Sahi

Chief executive officer

CA$3.2m

Total compensation

CEO salary percentage40.0%
CEO tenure34.4yrs
CEO ownership62.1%
Management average tenure13.7yrs
Board average tenure8.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kuldip Sahi's remuneration changed compared to Morguard's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$198m

Jun 30 2024n/an/a

CA$203m

Mar 31 2024n/an/a

CA$239m

Dec 31 2023CA$3mCA$1m

CA$74m

Sep 30 2023n/an/a

-CA$322m

Jun 30 2023n/an/a

-CA$261m

Mar 31 2023n/an/a

-CA$118m

Dec 31 2022CA$3mCA$1m

CA$123m

Sep 30 2022n/an/a

CA$621m

Jun 30 2022n/an/a

CA$657m

Mar 31 2022n/an/a

CA$441m

Dec 31 2021CA$3mCA$1m

CA$250m

Sep 30 2021n/an/a

CA$72m

Jun 30 2021n/an/a

-CA$35m

Mar 31 2021n/an/a

-CA$117m

Dec 31 2020CA$3mCA$1m

-CA$99m

Sep 30 2020n/an/a

CA$48m

Jun 30 2020n/an/a

CA$52m

Mar 31 2020n/an/a

CA$187m

Dec 31 2019CA$3mCA$1m

CA$187m

Sep 30 2019n/an/a

CA$183m

Jun 30 2019n/an/a

CA$231m

Mar 31 2019n/an/a

CA$237m

Dec 31 2018CA$3mCA$1m

CA$320m

Compensation vs Market: Kuldip's total compensation ($USD2.20M) is above average for companies of similar size in the German market ($USD1.42M).

Compensation vs Earnings: Kuldip's compensation has been consistent with company performance over the past year.

CEO

Kuldip Sahi (77 yo)

34.4yrs

Tenure

CA$3,162,165

Compensation

Mr. Kuldip Rai Sahi, FCA, FCPA, FCGA, has been the Chief Executive Officer of Morguard Real Estate Investment Trust since July 31, 2001 and has been its President since October 21, 2005 and has been its Tr...

Leadership Team

NamePositionTenureCompensationOwnership
Kuldip Sahi
Chairman & CEOno dataCA$3.16m62.05%
€ 505.7m
Angela Sahi
Presidentless than a yearCA$613.27kno data
Paul Miatello
Senior VP & CFO17.8yrsCA$678.82k0.098%
€ 794.7k
John Talano
Senior Vice President of Morguard Managementno dataCA$809.34kno data
David Wyatt
Senior Vice President of Retail Leasing & Operations - MILno dataCA$559.69kno data
Beverley Flynn
Senior VP20.3yrsno data0.037%
€ 302.4k
Pamela McLean
Senior VP of Finance & CFO of Services MILno datano datano data
Andrew Tamlin
Chief Financial Officer of MRTno datano datano data
Margaret Knowles
Senior Vice President of Development - Morguard Investments Limitedno dataCA$385.82kno data
Brian Athey
Vice President of Developmentno datano datano data
George Schott
President & COO of Morguard Investments Ltd.9.7yrsCA$383.19kno data
Patrick Seward
Vice President of Planning & Corporate Developmentno datano datano data

13.7yrs

Average Tenure

Experienced Management: 74S's management team is seasoned and experienced (13.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kuldip Sahi
Chairman & CEO34.4yrsCA$3.16m62.05%
€ 505.7m
Angela Sahi
President7.7yrsCA$613.27kno data
Chris Cahill
Independent Director9.7yrsCA$50.00k0.029%
€ 238.1k
William Braithwaite
Independent Director4.7yrsCA$54.00k0.028%
€ 226.7k
George Armoyan
Directorless than a yearno data0.074%
€ 604.6k
Bruce Robertson
Lead Independent Director14.7yrsCA$103.00k0.27%
€ 2.2m
Stephen Taylor
Independent Director4.4yrsCA$67.39k0.21%
€ 1.7m
Leonard Sharpe
Independent Director14.2yrsCA$57.50k0.028%
€ 226.7k

8.7yrs

Average Tenure

70.5yo

Average Age

Experienced Board: 74S's board of directors are considered experienced (8.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 01:37
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Morguard Corporation is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dean WilkinsonCIBC Capital Markets
Matt LoganRBC Capital Markets
Khing ShanRBC Capital Markets