MAINSTREET EQUITY CORP (MEQ.CA) Fundamental Analysis & Valuation
TSX:MEQ • CA5609151009
Current stock price
181.59 CAD
-2.64 (-1.43%)
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
- MEQ had positive earnings in the past year.
- In the past year MEQ had a positive cash flow from operations.
- MEQ had positive earnings in each of the past 5 years.
- MEQ had a positive operating cash flow in each of the past 5 years.
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.
- MEQ's Return On Equity of 15.09% is amongst the best of the industry. MEQ outperforms 88.89% of its industry peers.
- MEQ's Return On Invested Capital of 3.65% is in line compared to the rest of the industry. MEQ outperforms 51.85% 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 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 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 100.00% of its industry peers.
- In the last couple of years the Operating Margin of MEQ has grown nicely.
- Looking at the Gross Margin, with a value of 66.88%, MEQ belongs to the top of the industry, outperforming 81.48% of the companies in the same industry.
- MEQ's Gross Margin has been stable in the last couple of years.
| 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
- MEQ has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- MEQ has about the same amout of shares outstanding than it did 1 year ago.
- MEQ has about the same amout of shares outstanding than it did 5 years ago.
- 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.
- MEQ has a Altman-Z score of 1.31. This is comparable to the rest of the industry: MEQ outperforms 55.56% of its industry peers.
- 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 Debt to FCF ratio value of 20.58, MEQ perfoms like the industry average, outperforming 51.85% of the companies in the same industry.
- A Debt/Equity ratio of 0.89 indicates that MEQ is somewhat dependend on debt financing.
- MEQ's Debt to Equity ratio of 0.89 is on the low side compared to the rest of the industry. MEQ is outperformed by 62.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 20.58 | ||
| Altman-Z | 1.31 |
ROIC/WACC0.49
WACC7.47%
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.
- With a Current ratio value of 0.94, MEQ perfoms like the industry average, outperforming 44.44% of the companies in the same industry.
- MEQ has a Quick 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.
- MEQ has a Quick ratio (0.92) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.92 |
3. MEQ.CA Growth Analysis
3.1 Past
- MEQ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 48.91%, which is quite impressive.
- The Earnings Per Share has been growing by 33.33% on average over the past years. This is a very strong growth
- Looking at the last year, MEQ shows a small growth in Revenue. The Revenue has grown by 7.91% in the last year.
- 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)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
- 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.
4. MEQ.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 6.06, the valuation of MEQ can be described as very cheap.
- Based on the Price/Earnings ratio, MEQ is valued cheaper than 88.89% of the companies in the same industry.
- When comparing the Price/Earnings ratio of MEQ to the average of the S&P500 Index (26.77), we can say MEQ is valued rather cheaply.
- A Price/Forward Earnings ratio of 18.07 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 88.89% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 21.75. MEQ is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.06 | ||
| Fwd PE | 18.07 |
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.
- The rest of the industry has a similar Price/Free Cash Flow ratio as MEQ.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.24 | ||
| EV/EBITDA | 20.12 |
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)0.18
EPS Next 2Y-42.88%
EPS Next 3YN/A
5. MEQ.CA Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.17%, MEQ is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.13, MEQ is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.82, MEQ's dividend is way lower than the S&P500 average.
| Industry Rank | Sector 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
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 (4/30/2026, 7:00:00 PM)
181.59
-2.64 (-1.43%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Industry Strength28.35
Industry Growth41.79
Earnings (Last)02-10 2026-02-10/bmo
Earnings (Next)05-12 2026-05-12
Inst Owners20.47%
Inst Owner ChangeN/A
Ins Owners49.14%
Ins Owner ChangeN/A
Market Cap1.69B
Revenue(TTM)279.56M
Net Income(TTM)279.04M
Analysts80
Price Target249.39 (37.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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 2026-04-17 (0.08)
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.06 | ||
| Fwd PE | 18.07 | ||
| P/S | 6.03 | ||
| P/FCF | 19.24 | ||
| P/OCF | 19.1 | ||
| P/B | 0.91 | ||
| P/tB | 0.91 | ||
| EV/EBITDA | 20.12 |
EPS(TTM)29.96
EY16.5%
EPS(NY)10.05
Fwd EY5.53%
FCF(TTM)9.44
FCFY5.2%
OCF(TTM)9.51
OCFY5.24%
SpS30.09
BVpS199.05
TBVpS198.99
PEG (NY)N/A
PEG (5Y)0.18
Graham Number366.302 (101.72%)
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 | 1.31 |
F-Score5
WACC7.47%
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.