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MAINSTREET EQUITY CORP (MEQ.CA) Stock Fundamental Analysis

Canada - Toronto Stock Exchange - TSX:MEQ - CA5609151009 - Common Stock

183.96 CAD
-0.04 (-0.02%)
Last: 11/27/2025, 7:00:00 PM
Fundamental Rating

5

MEQ gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 33 industry peers in the Real Estate Management & Development industry. While MEQ belongs to the best of the industry regarding profitability, there are concerns on its financial health. MEQ has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

In the past year MEQ was profitable.
MEQ had a positive operating cash flow in the past year.
In the past 5 years MEQ has always been profitable.
Each year in the past 5 years MEQ had a positive operating cash flow.
MEQ.CA Yearly Net Income VS EBIT VS OCF VS FCFMEQ.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

1.2 Ratios

MEQ's Return On Assets of 7.95% is amongst the best of the industry. MEQ outperforms 96.97% of its industry peers.
MEQ has a better Return On Equity (17.98%) than 96.97% of its industry peers.
MEQ has a better Return On Invested Capital (3.51%) than 60.61% of its industry peers.
MEQ had an Average Return On Invested Capital over the past 3 years of 3.11%. This is significantly below the industry average of 10.79%.
The last Return On Invested Capital (3.51%) for MEQ is above the 3 year average (3.11%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 7.95%
ROE 17.98%
ROIC 3.51%
ROA(3y)4.45%
ROA(5y)4.97%
ROE(3y)10.47%
ROE(5y)11.99%
ROIC(3y)3.11%
ROIC(5y)3.02%
MEQ.CA Yearly ROA, ROE, ROICMEQ.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

The Profit Margin of MEQ (112.86%) is better than 100.00% of its industry peers.
In the last couple of years the Profit Margin of MEQ has grown nicely.
Looking at the Operating Margin, with a value of 58.54%, MEQ belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
MEQ's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 65.68%, MEQ is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Gross Margin of MEQ has remained more or less at the same level.
Industry RankSector Rank
OM 58.54%
PM (TTM) 112.86%
GM 65.68%
OM growth 3Y2.22%
OM growth 5Y1.13%
PM growth 3Y-17.21%
PM growth 5Y13.4%
GM growth 3Y1.64%
GM growth 5Y0.48%
MEQ.CA Yearly Profit, Operating, Gross MarginsMEQ.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50 100

3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MEQ is destroying value.
Compared to 1 year ago, MEQ has more shares outstanding
Compared to 5 years ago, MEQ has less shares outstanding
MEQ has a better debt/assets ratio than last year.
MEQ.CA Yearly Shares OutstandingMEQ.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
MEQ.CA Yearly Total Debt VS Total AssetsMEQ.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

Based on the Altman-Z score of 1.32, we must say that MEQ is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MEQ (1.32) is comparable to the rest of the industry.
MEQ has a debt to FCF ratio of 21.84. This is a negative value and a sign of low solvency as MEQ would need 21.84 years to pay back of all of its debts.
MEQ has a Debt to FCF ratio of 21.84. This is comparable to the rest of the industry: MEQ outperforms 54.55% of its industry peers.
A Debt/Equity ratio of 0.98 indicates that MEQ is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.98, MEQ is doing worse than 63.64% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.98
Debt/FCF 21.84
Altman-Z 1.32
ROIC/WACC0.47
WACC7.43%
MEQ.CA Yearly LT Debt VS Equity VS FCFMEQ.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.3 Liquidity

A Current Ratio of 1.57 indicates that MEQ should not have too much problems paying its short term obligations.
MEQ has a Current ratio of 1.57. This is comparable to the rest of the industry: MEQ outperforms 54.55% of its industry peers.
MEQ has a Quick Ratio of 1.55. This is a normal value and indicates that MEQ is financially healthy and should not expect problems in meeting its short term obligations.
MEQ's Quick ratio of 1.55 is in line compared to the rest of the industry. MEQ outperforms 57.58% of its industry peers.
Industry RankSector Rank
Current Ratio 1.57
Quick Ratio 1.55
MEQ.CA Yearly Current Assets VS Current LiabilitesMEQ.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

6

3. Growth

3.1 Past

MEQ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 144.49%, which is quite impressive.
Measured over the past years, MEQ shows a very strong growth in Earnings Per Share. The EPS has been growing by 27.81% on average per year.
MEQ shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.29%.
The Revenue has been growing by 12.67% on average over the past years. This is quite good.
EPS 1Y (TTM)144.49%
EPS 3Y53.85%
EPS 5Y27.81%
EPS Q2Q%394.12%
Revenue 1Y (TTM)14.29%
Revenue growth 3Y16.03%
Revenue growth 5Y12.67%
Sales Q2Q%10.02%

3.2 Future

MEQ is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -33.14% yearly.
MEQ is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.00% yearly.
EPS Next Y-29.3%
EPS Next 2Y-33.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.75%
Revenue Next 2Y9%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
MEQ.CA Yearly Revenue VS EstimatesMEQ.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M
MEQ.CA Yearly EPS VS EstimatesMEQ.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 5 10 15 20

6

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 5.57, the valuation of MEQ can be described as very cheap.
Based on the Price/Earnings ratio, MEQ is valued cheaper than 90.91% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.15. MEQ is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 19.18, the valuation of MEQ can be described as rather expensive.
MEQ's Price/Forward Earnings ratio is rather cheap when compared to the industry. MEQ is cheaper than 81.82% of the companies in the same industry.
MEQ's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 36.12.
Industry RankSector Rank
PE 5.57
Fwd PE 19.18
MEQ.CA Price Earnings VS Forward Price EarningsMEQ.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, MEQ is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MEQ indicates a somewhat cheap valuation: MEQ is cheaper than 63.64% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 20.62
EV/EBITDA 20.68
MEQ.CA Per share dataMEQ.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150

4.3 Compensation for Growth

MEQ has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as MEQ's earnings are expected to decrease with -33.14% in the coming years.
PEG (NY)N/A
PEG (5Y)0.2
EPS Next 2Y-33.14%
EPS Next 3YN/A

1

5. Dividend

5.1 Amount

With a yearly dividend of 0.09%, MEQ is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.46, MEQ is paying slightly less dividend.
With a Dividend Yield of 0.09, MEQ pays less dividend than the S&P500 average, which is at 2.41.
Industry RankSector Rank
Dividend Yield 0.09%

5.2 History

MEQ is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
MEQ.CA Yearly Dividends per shareMEQ.CA Yearly Dividends per shareYearly Dividends per share 2024 2025 0.05 0.1 0.15

5.3 Sustainability

0.41% of the earnings are spent on dividend by MEQ. This is a low number and sustainable payout ratio.
DP0.41%
EPS Next 2Y-33.14%
EPS Next 3YN/A
MEQ.CA Yearly Income VS Free CF VS DividendMEQ.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
MEQ.CA Dividend Payout.MEQ.CA Dividend Payout, showing the Payout Ratio.MEQ.CA Dividend Payout.PayoutRetained Earnings

MAINSTREET EQUITY CORP

TSX:MEQ (11/27/2025, 7:00:00 PM)

183.96

-0.04 (-0.02%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)08-07 2025-08-07/bmo
Earnings (Next)12-15 2025-12-15
Inst Owners19.64%
Inst Owner ChangeN/A
Ins Owners48.92%
Ins Owner ChangeN/A
Market Cap1.71B
Revenue(TTM)272.72M
Net Income(TTM)307.79M
Analysts80
Price Target247.35 (34.46%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.09%
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP0.41%
Div Incr Years0
Div Non Decr Years0
Ex-Date10-17 2025-10-17 (0.04)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)280.93%
Min EPS beat(2)136.3%
Max EPS beat(2)425.56%
EPS beat(4)4
Avg EPS beat(4)322.55%
Min EPS beat(4)136.3%
Max EPS beat(4)502.97%
EPS beat(8)7
Avg EPS beat(8)229.76%
EPS beat(12)11
Avg EPS beat(12)211.29%
EPS beat(16)15
Avg EPS beat(16)195.14%
Revenue beat(2)1
Avg Revenue beat(2)0.1%
Min Revenue beat(2)-0.76%
Max Revenue beat(2)0.96%
Revenue beat(4)2
Avg Revenue beat(4)-0.96%
Min Revenue beat(4)-4.4%
Max Revenue beat(4)0.96%
Revenue beat(8)6
Avg Revenue beat(8)0.51%
Revenue beat(12)8
Avg Revenue beat(12)0.45%
Revenue beat(16)8
Avg Revenue beat(16)-0.05%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.23%
EPS NY rev (1m)0%
EPS NY rev (3m)8.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.27%
Valuation
Industry RankSector Rank
PE 5.57
Fwd PE 19.18
P/S 6.29
P/FCF 20.62
P/OCF 20.49
P/B 1
P/tB 1
EV/EBITDA 20.68
EPS(TTM)33.03
EY17.95%
EPS(NY)9.59
Fwd EY5.21%
FCF(TTM)8.92
FCFY4.85%
OCF(TTM)8.98
OCFY4.88%
SpS29.26
BVpS183.65
TBVpS183.59
PEG (NY)N/A
PEG (5Y)0.2
Graham Number369.44
Profitability
Industry RankSector Rank
ROA 7.95%
ROE 17.98%
ROCE 4.3%
ROIC 3.51%
ROICexc 3.73%
ROICexgc 3.73%
OM 58.54%
PM (TTM) 112.86%
GM 65.68%
FCFM 30.49%
ROA(3y)4.45%
ROA(5y)4.97%
ROE(3y)10.47%
ROE(5y)11.99%
ROIC(3y)3.11%
ROIC(5y)3.02%
ROICexc(3y)3.18%
ROICexc(5y)3.07%
ROICexgc(3y)3.18%
ROICexgc(5y)3.07%
ROCE(3y)3.81%
ROCE(5y)3.69%
ROICexgc growth 3Y9.44%
ROICexgc growth 5Y2.52%
ROICexc growth 3Y9.45%
ROICexc growth 5Y2.53%
OM growth 3Y2.22%
OM growth 5Y1.13%
PM growth 3Y-17.21%
PM growth 5Y13.4%
GM growth 3Y1.64%
GM growth 5Y0.48%
F-Score7
Asset Turnover0.07
Health
Industry RankSector Rank
Debt/Equity 0.98
Debt/FCF 21.84
Debt/EBITDA 10.49
Cap/Depr 80.88%
Cap/Sales 0.19%
Interest Coverage 250
Cash Conversion 52.2%
Profit Quality 27.02%
Current Ratio 1.57
Quick Ratio 1.55
Altman-Z 1.32
F-Score7
WACC7.43%
ROIC/WACC0.47
Cap/Depr(3y)71.84%
Cap/Depr(5y)580.03%
Cap/Sales(3y)0.34%
Cap/Sales(5y)3.26%
Profit Quality(3y)50.84%
Profit Quality(5y)41.57%
High Growth Momentum
Growth
EPS 1Y (TTM)144.49%
EPS 3Y53.85%
EPS 5Y27.81%
EPS Q2Q%394.12%
EPS Next Y-29.3%
EPS Next 2Y-33.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)14.29%
Revenue growth 3Y16.03%
Revenue growth 5Y12.67%
Sales Q2Q%10.02%
Revenue Next Year10.75%
Revenue Next 2Y9%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y19.79%
EBIT growth 3Y18.61%
EBIT growth 5Y13.94%
EBIT Next Year71.85%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y22.91%
FCF growth 3Y93.64%
FCF growth 5Y19.24%
OCF growth 1Y22.94%
OCF growth 3Y36.95%
OCF growth 5Y17.71%

MAINSTREET EQUITY CORP / MEQ.CA FAQ

What is the ChartMill fundamental rating of MAINSTREET EQUITY CORP (MEQ.CA) stock?

ChartMill assigns a fundamental rating of 5 / 10 to MEQ.CA.


What is the valuation status of MAINSTREET EQUITY CORP (MEQ.CA) stock?

ChartMill assigns a valuation rating of 6 / 10 to MAINSTREET EQUITY CORP (MEQ.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for MAINSTREET EQUITY CORP?

MAINSTREET EQUITY CORP (MEQ.CA) has a profitability rating of 8 / 10.


What is the expected EPS growth for MAINSTREET EQUITY CORP (MEQ.CA) stock?

The Earnings per Share (EPS) of MAINSTREET EQUITY CORP (MEQ.CA) is expected to decline by -29.3% in the next year.


Can you provide the dividend sustainability for MEQ stock?

The dividend rating of MAINSTREET EQUITY CORP (MEQ.CA) is 1 / 10 and the dividend payout ratio is 0.41%.