MAINSTREET EQUITY CORP (MEQ.CA) Fundamental Analysis & Valuation

TSX:MEQ • CA5609151009

Current stock price

179.93 CAD
-1.66 (-0.91%)
Last:

This MEQ.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. MEQ.CA Profitability Analysis

1.1 Basic Checks

  • MEQ had positive earnings in the past year.
  • In the past year MEQ had a positive cash flow from operations.
  • In the past 5 years MEQ has always been profitable.
  • MEQ had a positive operating cash flow in each of the past 5 years.
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 6.93%, MEQ belongs to the top of the industry, outperforming 92.59% of the companies in the same industry.
  • The Return On Equity of MEQ (15.09%) is better than 88.89% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 3.65%, MEQ is in line with its industry, outperforming 51.85% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for MEQ is significantly below the industry average of 18.03%.
  • The last Return On Invested Capital (3.65%) for MEQ is above the 3 year average (3.47%), which is a sign of increasing profitability.
Industry RankSector 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%
MEQ.CA Yearly ROA, ROE, ROICMEQ.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • The Profit Margin of MEQ (99.81%) 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 59.68%, MEQ belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • MEQ's Operating Margin has improved in the last couple of years.
  • MEQ has a Gross Margin of 66.88%. This is amongst the best in the industry. MEQ outperforms 81.48% of its industry peers.
  • MEQ's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
MEQ.CA Yearly Profit, Operating, Gross MarginsMEQ.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50 100

2

2. MEQ.CA Health Analysis

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 about the same amount of shares outstanding.
  • MEQ has about the same amout of shares outstanding than it did 5 years ago.
  • The debt/assets ratio for MEQ has been reduced compared to a year ago.
MEQ.CA Yearly Shares OutstandingMEQ.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2M 4M 6M 8M
MEQ.CA Yearly Total Debt VS Total AssetsMEQ.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

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.
  • MEQ has a Altman-Z score (1.30) which is comparable to the rest of the industry.
  • MEQ has a debt to FCF ratio of 20.58. This is a negative value and a sign of low solvency as MEQ would need 20.58 years to pay back of all of its debts.
  • MEQ has a Debt to FCF ratio (20.58) which is comparable to the rest of the industry.
  • A Debt/Equity ratio of 0.89 indicates that MEQ is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.89, MEQ is doing worse than 62.96% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.89
Debt/FCF 20.58
Altman-Z 1.3
ROIC/WACC0.49
WACC7.48%
MEQ.CA Yearly LT Debt VS Equity VS FCFMEQ.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 0.94 indicates that MEQ may have some problems paying its short term obligations.
  • The Current ratio of MEQ (0.94) 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 (0.92) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 0.94
Quick Ratio 0.92
MEQ.CA Yearly Current Assets VS Current LiabilitesMEQ.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

5

3. MEQ.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 48.91% over the past year.
  • The Earnings Per Share has been growing by 33.33% on average over the past years. This is a very strong growth
  • 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)48.91%
EPS 3Y33.62%
EPS 5Y33.33%
EPS Q2Q%-13.93%
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.
  • MEQ is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.05% yearly.
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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 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 2027 0 10 20 30

5

4. MEQ.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • MEQ is valuated cheaply with a Price/Earnings ratio of 6.01.
  • MEQ's Price/Earnings ratio is rather cheap when compared to the industry. MEQ is cheaper than 88.89% of the companies in the same industry.
  • MEQ is valuated cheaply when we compare the Price/Earnings ratio to 26.64, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 17.90, the valuation of MEQ can be described as rather expensive.
  • 88.89% of the companies in the same industry are more expensive than MEQ, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 21.36, MEQ is valued at the same level.
Industry RankSector Rank
PE 6.01
Fwd PE 17.9
MEQ.CA Price Earnings VS Forward Price EarningsMEQ.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MEQ is on the same level as its industry peers.
  • MEQ's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 19.06
EV/EBITDA 19.97
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

  • The excellent profitability rating of MEQ may justify a higher PE ratio.
  • A cheap valuation may be justified as MEQ's earnings are expected to decrease with -42.88% in the coming years.
PEG (NY)N/A
PEG (5Y)0.18
EPS Next 2Y-42.88%
EPS Next 3YN/A

2

5. MEQ.CA Dividend Analysis

5.1 Amount

  • MEQ has a yearly dividend return of 0.17%, which is pretty low.
  • MEQ's Dividend Yield is slightly below the industry average, which is at 3.13.
  • With a Dividend Yield of 0.17, MEQ pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.17%

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 Years1
Div Non Decr Years1
MEQ.CA Yearly Dividends per shareMEQ.CA Yearly Dividends per shareYearly Dividends per share 2024 2025 2026 0.05 0.1 0.15

5.3 Sustainability

  • 0.53% of the earnings are spent on dividend by MEQ. This is a low number and sustainable payout ratio.
DP0.53%
EPS Next 2Y-42.88%
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
MEQ.CA Dividend Payout.MEQ.CA Dividend Payout, showing the Payout Ratio.MEQ.CA Dividend Payout.PayoutRetained Earnings

MEQ.CA Fundamentals: All Metrics, Ratios and Statistics

MAINSTREET EQUITY CORP

TSX:MEQ (5/1/2026, 7:00:00 PM)

179.93

-1.66 (-0.91%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Industry Strength27.56
Industry Growth41.79
Earnings (Last)02-10
Earnings (Next)05-12
Inst Owners20.47%
Inst Owner ChangeN/A
Ins Owners49.14%
Ins Owner ChangeN/A
Market Cap1.67B
Revenue(TTM)279.56M
Net Income(TTM)279.04M
Analysts80
Price Target249.39 (38.6%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.17%
Yearly Dividend0.15
Dividend Growth(5Y)N/A
DP0.53%
Div Incr Years1
Div Non Decr Years1
Ex-Date04-17
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)217.72%
Min EPS beat(2)132.52%
Max EPS beat(2)302.92%
EPS beat(4)4
Avg EPS beat(4)249.32%
Min EPS beat(4)132.52%
Max EPS beat(4)425.56%
EPS beat(8)7
Avg EPS beat(8)212.17%
EPS beat(12)11
Avg EPS beat(12)211.5%
EPS beat(16)15
Avg EPS beat(16)206.57%
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%
PT rev (3m)0.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.3%
EPS NY rev (1m)0%
EPS NY rev (3m)9.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.28%
Valuation
Industry RankSector Rank
PE 6.01
Fwd PE 17.9
P/S 5.98
P/FCF 19.06
P/OCF 18.92
P/B 0.9
P/tB 0.9
EV/EBITDA 19.97
EPS(TTM)29.96
EY16.65%
EPS(NY)10.05
Fwd EY5.59%
FCF(TTM)9.44
FCFY5.25%
OCF(TTM)9.51
OCFY5.28%
SpS30.09
BVpS199.05
TBVpS198.99
PEG (NY)N/A
PEG (5Y)0.18
Graham Number366.302 (103.58%)
Profitability
Industry RankSector 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 RankSector 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
WACC7.48%
ROIC/WACC0.49
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)48.91%
EPS 3Y33.62%
EPS 5Y33.33%
EPS Q2Q%-13.93%
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.


What is the profitability of MEQ stock?

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


How financially healthy is MAINSTREET EQUITY CORP?

The financial health rating of MAINSTREET EQUITY CORP (MEQ.CA) is 2 / 10.


What is the earnings growth outlook for MAINSTREET EQUITY CORP?

The Earnings per Share (EPS) of MAINSTREET EQUITY CORP (MEQ.CA) is expected to decline by -66.31% in the next year.