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

TSX:MEQ • CA5609151009

Current stock price

179.06 CAD
+0.56 (+0.31%)
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

  • In the past year MEQ was profitable.
  • In the past year MEQ had a positive cash flow from operations.
  • 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M

1.2 Ratios

  • With an excellent Return On Assets value of 6.93%, MEQ belongs to the best of the industry, outperforming 96.67% of the companies in the same industry.
  • MEQ has a Return On Equity of 15.09%. This is amongst the best in the industry. MEQ outperforms 93.33% 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 56.67% 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 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 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

  • MEQ has a better Profit Margin (99.81%) 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 96.67% of the companies in the same industry.
  • MEQ's Operating Margin has improved in the last couple of years.
  • 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 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

3

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.
  • The number of shares outstanding for MEQ remains at a similar level compared to 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

  • MEQ has an Altman-Z score of 1.30. 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 (1.30) which is comparable to the rest of the 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.
  • MEQ has a better Debt to FCF ratio (20.58) than 63.33% of its industry peers.
  • MEQ has a Debt/Equity ratio of 0.89. This is a neutral value indicating 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 60.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.89
Debt/FCF 20.58
Altman-Z 1.3
ROIC/WACC0.5
WACC7.33%
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

  • MEQ has a Current Ratio of 0.94. This is a bad value and indicates that MEQ is not financially healthy enough and could expect problems in meeting 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 of 0.92. This is comparable to the rest of the industry: MEQ outperforms 50.00% of 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 43.59% over the past year.
  • MEQ shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.33% yearly.
  • MEQ shows a small growth in Revenue. In the last year, the Revenue has grown by 7.91%.
  • MEQ shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.02% yearly.
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

  • The Earnings Per Share is expected to decrease by -42.88% on average over the next years. This is quite bad
  • 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

  • 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

6

4. MEQ.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 5.81, which indicates a rather cheap valuation of MEQ.
  • MEQ's Price/Earnings ratio is rather cheap when compared to the industry. MEQ is cheaper than 93.33% of the companies in the same industry.
  • MEQ is valuated cheaply when we compare the Price/Earnings ratio to 26.11, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 17.82, 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's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.12.
Industry RankSector Rank
PE 5.81
Fwd PE 17.82
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

  • MEQ's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MEQ is cheaper than 70.00% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of MEQ is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 18.99
EV/EBITDA 19.84
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 -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

2

5. MEQ.CA Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.18%, MEQ is not a good candidate for dividend investing.
  • 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 RankSector 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
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

  • 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 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 (3/17/2026, 7:00:00 PM)

179.06

+0.56 (+0.31%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)02-10
Earnings (Next)05-04
Inst Owners20.65%
Inst Owner ChangeN/A
Ins Owners49.11%
Ins Owner ChangeN/A
Market Cap1.67B
Revenue(TTM)279.56M
Net Income(TTM)279.04M
Analysts80
Price Target249.39 (39.28%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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
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 RankSector Rank
PE 5.81
Fwd PE 17.82
P/S 5.96
P/FCF 18.99
P/OCF 18.85
P/B 0.9
P/tB 0.9
EV/EBITDA 19.84
EPS(TTM)30.8
EY17.2%
EPS(NY)10.05
Fwd EY5.61%
FCF(TTM)9.43
FCFY5.27%
OCF(TTM)9.5
OCFY5.3%
SpS30.06
BVpS198.83
TBVpS198.78
PEG (NY)N/A
PEG (5Y)0.17
Graham Number371.2
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
WACC7.33%
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 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.


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%.