MAINSTREET EQUITY CORP (MEQ.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MEQ - CA5609151009 - Common Stock
182.47 CAD
-0.2 (-0.11%)
Taking everything into account, MEQ scores 6 out of 10 in our fundamental rating. MEQ was compared to 33 industry peers in the Real Estate Management & Development industry. MEQ scores excellent on profitability, but there are some minor concerns on its financial health. MEQ has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
MEQ had positive earnings in the past year.
In the past year MEQ had a positive cash flow from operations.
Each year in the past 5 years MEQ has been profitable.
Each year in the past 5 years MEQ had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.95%, MEQ belongs to the top of the industry, outperforming 96.97% of the companies in the same industry.
MEQ has a Return On Equity of 17.98%. This is amongst the best in the industry. MEQ outperforms 96.97% of its industry peers.
MEQ's Return On Invested Capital of 3.51% is in line compared to the rest of the industry. MEQ outperforms 57.58% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MEQ is significantly below the industry average of 10.35%.
The 3 year average ROIC (3.11%) for MEQ is below the current ROIC(3.51%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
MEQ has a Profit Margin of 112.86%. This is amongst the best in the industry. MEQ outperforms 100.00% of its industry peers.
MEQ's Profit Margin has improved in the last couple of years.
MEQ has a Operating Margin of 58.54%. This is amongst the best in the industry. MEQ outperforms 90.91% of its industry peers.
In the last couple of years the Operating Margin of MEQ has remained more or less at the same level.
The Gross Margin of MEQ (65.68%) is better than 66.67% of its industry peers.
In the last couple of years the Gross Margin of MEQ has remained more or less at the same level.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MEQ is destroying value.
Compared to 1 year ago, MEQ has more shares outstanding
Compared to 5 years ago, MEQ has less shares outstanding
Compared to 1 year ago, MEQ has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.31, we must say that MEQ is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MEQ (1.31) is comparable to the rest of the industry.
The Debt to FCF ratio of MEQ is 21.84, which is on the high side as it means it would take MEQ, 21.84 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 21.84, MEQ is doing good in the industry, outperforming 63.64% of the companies in the same industry.
MEQ has a Debt/Equity ratio of 0.98. This is a neutral value indicating MEQ is somewhat dependend on debt financing.
The Debt to Equity ratio of MEQ (0.98) is worse than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | 21.84 | ||
| Altman-Z | 1.31 |
ROIC/WACC0.48
WACC7.28%
2.3 Liquidity
MEQ has a Current Ratio of 1.57. This is a normal value and indicates that MEQ is financially healthy and should not expect problems in meeting 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.
Looking at the Quick ratio, with a value of 1.55, MEQ is in line with its industry, outperforming 57.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.55 |
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.
MEQ shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.81% yearly.
The Revenue has grown by 14.29% in the past year. This is quite good.
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.
The Revenue is expected to grow by 9.00% on average over the next years. This is quite good.
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 5.52 indicates a rather cheap valuation of MEQ.
93.94% of the companies in the same industry are more expensive than MEQ, based on the Price/Earnings ratio.
MEQ is valuated cheaply when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 19.03, which indicates a rather expensive current valuation of MEQ.
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 is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.80, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.52 | ||
| Fwd PE | 19.03 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MEQ indicates a somewhat cheap valuation: MEQ is cheaper than 72.73% of the companies listed in the same industry.
63.64% of the companies in the same industry are more expensive than MEQ, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.41 | ||
| EV/EBITDA | 20.57 |
4.3 Compensation for Growth
The excellent profitability rating of MEQ may justify a higher PE ratio.
MEQ's earnings are expected to decrease with -33.14% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.2
EPS Next 2Y-33.14%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MEQ has a yearly dividend return of 0.09%, which is pretty low.
MEQ's Dividend Yield is slightly below the industry average, which is at 3.42.
Compared to an average S&P500 Dividend Yield of 2.31, MEQ's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.09% |
5.2 History
MEQ does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
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
TSX:MEQ (12/10/2025, 7:00:00 PM)
182.47
-0.2 (-0.11%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners20.88%
Inst Owner ChangeN/A
Ins Owners49%
Ins Owner ChangeN/A
Market Cap1.70B
Revenue(TTM)272.72M
Net Income(TTM)307.79M
Analysts80
Price Target247.35 (35.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.09% |
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP0.41%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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)-4.12%
EPS NY rev (1m)0%
EPS NY rev (3m)8.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.52 | ||
| Fwd PE | 19.03 | ||
| P/S | 6.22 | ||
| P/FCF | 20.41 | ||
| P/OCF | 20.28 | ||
| P/B | 0.99 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | 20.57 |
EPS(TTM)33.03
EY18.1%
EPS(NY)9.59
Fwd EY5.26%
FCF(TTM)8.94
FCFY4.9%
OCF(TTM)9
OCFY4.93%
SpS29.32
BVpS184.04
TBVpS183.99
PEG (NY)N/A
PEG (5Y)0.2
Graham Number369.83
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 1.31 |
F-Score7
WACC7.28%
ROIC/WACC0.48
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 6 / 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%.