Logo image of MEQ.CA

MAINSTREET EQUITY CORP (MEQ.CA) Stock Fundamental Analysis

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

180.37 CAD
-1.37 (-0.75%)
Last: 12/24/2025, 7:00:00 PM
Fundamental Rating

6

Overall MEQ gets a fundamental rating of 6 out of 10. We evaluated MEQ against 32 industry peers in the Real Estate Management & Development industry. While MEQ has a great profitability rating, there are some minor 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.
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 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 96.88% of its industry peers.
MEQ has a Return On Equity of 17.98%. This is amongst the best in the industry. MEQ outperforms 96.88% of its industry peers.
MEQ has a Return On Invested Capital (3.51%) which is in line with 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 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

MEQ has a Profit Margin of 112.86%. This is amongst the best in the industry. MEQ outperforms 100.00% of its industry peers.
In the last couple of years the Profit Margin of MEQ has grown nicely.
MEQ's Operating Margin of 58.54% is amongst the best of the industry. MEQ outperforms 96.88% 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 68.75% 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 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

4

2. Health

2.1 Basic Checks

MEQ has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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

MEQ has an Altman-Z score of 1.31. This is a bad value and indicates that MEQ is not financially healthy and even has some risk of bankruptcy.
MEQ has a Altman-Z score of 1.31. This is comparable to the rest of the industry: MEQ outperforms 56.25% of its industry peers.
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.
With a decent Debt to FCF ratio value of 21.84, MEQ is doing good in the industry, outperforming 65.63% of the companies in the same industry.
A Debt/Equity ratio of 0.98 indicates that MEQ is somewhat dependend on debt financing.
MEQ's Debt to Equity ratio of 0.98 is on the low side compared to the rest of the industry. MEQ is outperformed by 62.50% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.98
Debt/FCF 21.84
Altman-Z 1.31
ROIC/WACC0.48
WACC7.29%
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

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.
Looking at the Current ratio, with a value of 1.57, MEQ is in line with its industry, outperforming 56.25% of the companies in the same industry.
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.
With a Quick ratio value of 1.55, MEQ perfoms like the industry average, outperforming 59.38% of the companies in the same industry.
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.
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.
MEQ shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.67% yearly.
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

The Earnings Per Share is expected to decrease by -33.14% on average over the next years. This is quite bad
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

A Price/Earnings ratio of 5.46 indicates a rather cheap valuation of MEQ.
Compared to the rest of the industry, the Price/Earnings ratio of MEQ indicates a rather cheap valuation: MEQ is cheaper than 93.75% of the companies listed in the same industry.
MEQ is valuated cheaply when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 18.81 indicates a rather expensive valuation of MEQ.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MEQ indicates a rather cheap valuation: MEQ is cheaper than 87.50% of the companies listed in the same industry.
MEQ's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.03.
Industry RankSector Rank
PE 5.46
Fwd PE 18.81
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 40

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, MEQ is valued a bit cheaper than the industry average as 68.75% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, MEQ is valued a bit cheaper than the industry average as 65.63% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 20.17
EV/EBITDA 20.45
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.
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

1

5. Dividend

5.1 Amount

With a yearly dividend of 0.09%, MEQ is not a good candidate for dividend investing.
MEQ's Dividend Yield is slightly below the industry average, which is at 2.53.
With a Dividend Yield of 0.09, MEQ pays less dividend than the S&P500 average, which is at 1.88.
Industry RankSector 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
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

MEQ pays out 0.41% of its income as dividend. This is a 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 (12/24/2025, 7:00:00 PM)

180.37

-1.37 (-0.75%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)12-15 2025-12-15
Earnings (Next)02-02 2026-02-02
Inst Owners20.88%
Inst Owner ChangeN/A
Ins Owners49%
Ins Owner ChangeN/A
Market Cap1.68B
Revenue(TTM)272.72M
Net Income(TTM)307.79M
Analysts80
Price TargetN/A
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)0%
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%
Valuation
Industry RankSector Rank
PE 5.46
Fwd PE 18.81
P/S 6.15
P/FCF 20.17
P/OCF 20.05
P/B 0.98
P/tB 0.98
EV/EBITDA 20.45
EPS(TTM)33.03
EY18.31%
EPS(NY)9.59
Fwd EY5.32%
FCF(TTM)8.94
FCFY4.96%
OCF(TTM)9
OCFY4.99%
SpS29.32
BVpS184.04
TBVpS183.99
PEG (NY)N/A
PEG (5Y)0.2
Graham Number369.83
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 1.31
F-Score7
WACC7.29%
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%.