MAINSTREET EQUITY CORP (MEQ.CA) Fundamental Analysis & Valuation
TSX:MEQ • CA5609151009
Current stock price
178.5 CAD
+0.5 (+0.28%)
Last:
This MEQ.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. MEQ.CA Profitability Analysis
1.1 Basic Checks
- In the past year MEQ was profitable.
- MEQ had a positive operating cash flow in the past year.
- MEQ had positive earnings in each of the past 5 years.
- In the past 5 years MEQ always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 6.93%, MEQ belongs to the top of the industry, outperforming 96.67% of the companies in the same industry.
- MEQ has a better Return On Equity (15.09%) than 93.33% of its industry peers.
- MEQ has a Return On Invested Capital of 3.65%. This is comparable to the rest of the industry: MEQ outperforms 56.67% 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 11.08%.
- The 3 year average ROIC (3.47%) for MEQ is below the current ROIC(3.65%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.93% | ||
| ROE | 15.09% | ||
| ROIC | 3.65% |
ROA(3y)5.4%
ROA(5y)5.76%
ROE(3y)12.46%
ROE(5y)13.6%
ROIC(3y)3.47%
ROIC(5y)3.2%
1.3 Margins
- Looking at the Profit Margin, with a value of 99.81%, MEQ belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of MEQ has grown nicely.
- The Operating Margin of MEQ (59.68%) is better than 96.67% of its industry peers.
- In the last couple of years the Operating Margin of MEQ has grown nicely.
- MEQ's Gross Margin of 66.88% is fine compared to the rest of the industry. MEQ outperforms 80.00% 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 | 59.68% | ||
| PM (TTM) | 99.81% | ||
| GM | 66.88% |
OM growth 3Y4.53%
OM growth 5Y2.2%
PM growth 3Y15.9%
PM growth 5Y17.8%
GM growth 3Y3%
GM growth 5Y1.35%
2. MEQ.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MEQ is destroying value.
- MEQ has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, MEQ has about the same amount of 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 1.30, we must say that MEQ is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 1.30, MEQ perfoms like the industry average, outperforming 56.67% of the companies in the same industry.
- The Debt to FCF ratio of MEQ is 20.58, which is on the high side as it means it would take MEQ, 20.58 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 20.58, MEQ is doing good in the industry, outperforming 63.33% of the companies in the same industry.
- A Debt/Equity ratio of 0.89 indicates that MEQ is somewhat dependend on debt financing.
- MEQ has a worse Debt to Equity ratio (0.89) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 20.58 | ||
| Altman-Z | 1.3 |
ROIC/WACC0.5
WACC7.33%
2.3 Liquidity
- A Current Ratio of 0.94 indicates that MEQ may have some problems paying its short term obligations.
- MEQ has a Current ratio (0.94) which is comparable to the rest of the industry.
- A Quick Ratio of 0.92 indicates that MEQ may have some problems paying its short term obligations.
- MEQ has a Quick ratio of 0.92. This is comparable to the rest of the industry: MEQ outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.92 |
3. MEQ.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 43.59% over the past year.
- Measured over the past years, MEQ shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.33% on average per year.
- MEQ shows a small growth in Revenue. In the last year, the Revenue has grown by 7.91%.
- Measured over the past years, MEQ shows a quite strong growth in Revenue. The Revenue has been growing by 13.02% on average per year.
EPS 1Y (TTM)43.59%
EPS 3Y33.62%
EPS 5Y33.33%
EPS Q2Q%-14.03%
Revenue 1Y (TTM)7.91%
Revenue growth 3Y15.23%
Revenue growth 5Y13.02%
Sales Q2Q%4.86%
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 -42.88% yearly.
- Based on estimates for the next years, MEQ will show a small growth in Revenue. The Revenue will grow by 5.05% on average per year.
EPS Next Y-66.31%
EPS Next 2Y-42.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.68%
Revenue Next 2Y5.05%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. MEQ.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 5.80, the valuation of MEQ can be described as very cheap.
- 93.33% of the companies in the same industry are more expensive than MEQ, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 25.96, MEQ is valued rather cheaply.
- With a Price/Forward Earnings ratio of 17.76, MEQ is valued on the expensive side.
- 83.33% of the companies in the same industry are more expensive than MEQ, based on the Price/Forward Earnings ratio.
- MEQ is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.8 | ||
| Fwd PE | 17.76 |
4.2 Price Multiples
- 73.33% of the companies in the same industry are more expensive than MEQ, based on the Enterprise Value to EBITDA ratio.
- The rest of the industry has a similar Price/Free Cash Flow ratio as MEQ.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.93 | ||
| EV/EBITDA | 19.81 |
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 -42.88% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.17
EPS Next 2Y-42.88%
EPS Next 3YN/A
5. MEQ.CA Dividend Analysis
5.1 Amount
- MEQ has a yearly dividend return of 0.18%, which is pretty low.
- Compared to an average industry Dividend Yield of 2.51, MEQ is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.91, MEQ's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
5.2 History
- MEQ has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- MEQ pays out 0.53% of its income as dividend. This is a sustainable payout ratio.
DP0.53%
EPS Next 2Y-42.88%
EPS Next 3YN/A
MEQ.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MEQ (3/16/2026, 7:00:00 PM)
178.5
+0.5 (+0.28%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)02-10 2026-02-10
Earnings (Next)05-04 2026-05-04
Inst Owners20.65%
Inst Owner ChangeN/A
Ins Owners49.11%
Ins Owner ChangeN/A
Market Cap1.66B
Revenue(TTM)279.56M
Net Income(TTM)279.04M
Analysts80
Price Target249.39 (39.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
Yearly Dividend0.15
Dividend Growth(5Y)N/A
DP0.53%
Div Incr Years0
Div Non Decr Years0
Ex-Date01-16 2026-01-16 (0.08)
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-3.08%
Min Revenue beat(2)-5.06%
Max Revenue beat(2)-1.1%
Revenue beat(4)1
Avg Revenue beat(4)-1.49%
Min Revenue beat(4)-5.06%
Max Revenue beat(4)0.96%
Revenue beat(8)4
Avg Revenue beat(8)-0.74%
Revenue beat(12)8
Avg Revenue beat(12)0.15%
Revenue beat(16)8
Avg Revenue beat(16)-0.1%
PT rev (1m)0.2%
PT rev (3m)0.82%
EPS NQ rev (1m)-1.3%
EPS NQ rev (3m)-3.32%
EPS NY rev (1m)9.6%
EPS NY rev (3m)8.21%
Revenue NQ rev (1m)0.46%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)-2.28%
Revenue NY rev (3m)-2.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.8 | ||
| Fwd PE | 17.76 | ||
| P/S | 5.94 | ||
| P/FCF | 18.93 | ||
| P/OCF | 18.79 | ||
| P/B | 0.9 | ||
| P/tB | 0.9 | ||
| EV/EBITDA | 19.81 |
EPS(TTM)30.8
EY17.25%
EPS(NY)10.05
Fwd EY5.63%
FCF(TTM)9.43
FCFY5.28%
OCF(TTM)9.5
OCFY5.32%
SpS30.06
BVpS198.83
TBVpS198.78
PEG (NY)N/A
PEG (5Y)0.17
Graham Number371.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.93% | ||
| ROE | 15.09% | ||
| ROCE | 4.34% | ||
| ROIC | 3.65% | ||
| ROICexc | 3.79% | ||
| ROICexgc | 3.79% | ||
| OM | 59.68% | ||
| PM (TTM) | 99.81% | ||
| GM | 66.88% | ||
| FCFM | 31.37% |
ROA(3y)5.4%
ROA(5y)5.76%
ROE(3y)12.46%
ROE(5y)13.6%
ROIC(3y)3.47%
ROIC(5y)3.2%
ROICexc(3y)3.63%
ROICexc(5y)3.31%
ROICexgc(3y)3.63%
ROICexgc(5y)3.31%
ROCE(3y)4.12%
ROCE(5y)3.81%
ROICexgc growth 3Y11.04%
ROICexgc growth 5Y4.34%
ROICexc growth 3Y11.05%
ROICexc growth 5Y4.35%
OM growth 3Y4.53%
OM growth 5Y2.2%
PM growth 3Y15.9%
PM growth 5Y17.8%
GM growth 3Y3%
GM growth 5Y1.35%
F-Score5
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 20.58 | ||
| Debt/EBITDA | 9.88 | ||
| Cap/Depr | 103.45% | ||
| Cap/Sales | 0.23% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 52.75% | ||
| Profit Quality | 31.43% | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.92 | ||
| Altman-Z | 1.3 |
F-Score5
WACC7.33%
ROIC/WACC0.5
Cap/Depr(3y)68.16%
Cap/Depr(5y)568.79%
Cap/Sales(3y)0.23%
Cap/Sales(5y)3.13%
Profit Quality(3y)46.32%
Profit Quality(5y)37.49%
High Growth Momentum
Growth
EPS 1Y (TTM)43.59%
EPS 3Y33.62%
EPS 5Y33.33%
EPS Q2Q%-14.03%
EPS Next Y-66.31%
EPS Next 2Y-42.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.91%
Revenue growth 3Y15.23%
Revenue growth 5Y13.02%
Sales Q2Q%4.86%
Revenue Next Year4.68%
Revenue Next 2Y5.05%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y12.39%
EBIT growth 3Y20.44%
EBIT growth 5Y15.51%
EBIT Next Year16.45%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y14.87%
FCF growth 3Y17.67%
FCF growth 5Y19.8%
OCF growth 1Y14.71%
OCF growth 3Y17.21%
OCF growth 5Y19.07%
MAINSTREET EQUITY CORP / MEQ.CA Fundamental Analysis 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.
Can you provide the valuation status for MAINSTREET EQUITY CORP?
ChartMill assigns a valuation rating of 5 / 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.
Can you provide the financial health for MEQ stock?
The financial health rating of MAINSTREET EQUITY CORP (MEQ.CA) is 3 / 10.
How sustainable is the dividend of MAINSTREET EQUITY CORP (MEQ.CA) stock?
The dividend rating of MAINSTREET EQUITY CORP (MEQ.CA) is 2 / 10 and the dividend payout ratio is 0.53%.