MAINSTREET EQUITY CORP (MEQ.CA) Fundamental Analysis & Valuation
TSX:MEQ • CA5609151009
178 CAD
-3 (-1.66%)
Last: Mar 13, 2026, 07:00 PM
This MEQ.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, MEQ scores 5 out of 10 in our fundamental rating. MEQ was compared to 30 industry peers in the Real Estate Management & Development industry. While MEQ has a great profitability rating, there are quite some concerns on its financial health. MEQ has a correct valuation and a medium growth rate.
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.
- In the past 5 years MEQ always reported a positive cash flow from operatings.
1.2 Ratios
- MEQ's Return On Assets of 6.93% is amongst the best of the industry. MEQ outperforms 96.67% of its industry peers.
- 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.
- 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.
- MEQ had an Average Return On Invested Capital over the past 3 years of 3.47%. This is significantly below the industry average of 11.26%.
- 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
- MEQ has a Profit Margin of 99.81%. This is amongst the best in the industry. MEQ outperforms 100.00% of its industry peers.
- MEQ's Profit Margin has improved in the last couple of years.
- MEQ has a better Operating Margin (59.68%) 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.
- 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MEQ is destroying value.
- The number of shares outstanding for MEQ remains at a similar level compared to 1 year ago.
- The number of shares outstanding for MEQ remains at a similar level compared to 5 years ago.
- MEQ has a better debt/assets ratio than last year.
2.2 Solvency
- MEQ has an Altman-Z score of 1.29. This is a bad value and indicates that MEQ is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of MEQ (1.29) 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 of 20.58. This is in the better half of the industry: MEQ outperforms 63.33% of its industry peers.
- 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 | 1.29 |
ROIC/WACC0.48
WACC7.59%
2.3 Liquidity
- A Current Ratio of 0.94 indicates that MEQ may have some problems paying its short term obligations.
- With a Current ratio value of 0.94, MEQ perfoms like the industry average, outperforming 46.67% 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.
- The Quick ratio of MEQ (0.92) 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
- 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
- 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.
- The Revenue is expected to grow by 5.05% on average over the next years.
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.
- 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
- A Price/Earnings ratio of 5.78 indicates a rather cheap valuation of MEQ.
- 93.33% of the companies in the same industry are more expensive than MEQ, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 25.70. MEQ is valued rather cheaply when compared to this.
- With a Price/Forward Earnings ratio of 17.71, MEQ is valued on the expensive side.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MEQ indicates a somewhat cheap valuation: MEQ is cheaper than 80.00% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, MEQ is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.78 | ||
| Fwd PE | 17.71 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MEQ indicates a somewhat cheap valuation: MEQ is cheaper than 70.00% of the companies listed in the same industry.
- MEQ's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.88 | ||
| EV/EBITDA | 19.8 |
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)0.17
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 2.48, 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 paid a dividend for less than 5 years, so there is no long track record yet.
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 (3/13/2026, 7:00:00 PM)
178
-3 (-1.66%)
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 (40.11%)
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 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 | 5.78 | ||
| Fwd PE | 17.71 | ||
| P/S | 5.92 | ||
| P/FCF | 18.88 | ||
| P/OCF | 18.74 | ||
| P/B | 0.9 | ||
| P/tB | 0.9 | ||
| EV/EBITDA | 19.8 |
EPS(TTM)30.8
EY17.3%
EPS(NY)10.05
Fwd EY5.65%
FCF(TTM)9.43
FCFY5.3%
OCF(TTM)9.5
OCFY5.34%
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 | 1.29 |
F-Score5
WACC7.59%
ROIC/WACC0.48
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 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%.