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.
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.
- Each year in the past 5 years MEQ has been profitable.
- MEQ had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 6.93%, MEQ belongs to the best of the industry, outperforming 92.59% 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 88.89% of its industry peers.
- MEQ has a Return On Invested Capital (3.65%) which is in line with 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 18.03%.
- The 3 year average ROIC (3.47%) for MEQ is below the current ROIC(3.65%), indicating increased profibility in the last year.
| 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.
- MEQ's Profit Margin has improved in the last couple of years.
- 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.
- In the last couple of years the Operating Margin of MEQ has grown nicely.
- MEQ's Gross Margin of 66.88% is amongst the best of the industry. MEQ outperforms 81.48% 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 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MEQ is destroying value.
- MEQ has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, MEQ has about the same amount of shares outstanding.
- MEQ has a better debt/assets ratio than last year.
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.
- Looking at the Altman-Z score, with a value of 1.30, MEQ is in line with its industry, outperforming 59.26% of the companies in the same 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 in line with 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 62.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 20.58 | ||
| Altman-Z | 1.3 |
ROIC/WACC0.49
WACC7.48%
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.
- MEQ has a Current ratio (0.94) which is in line with its industry peers.
- 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.
- Looking at the Quick ratio, with a value of 0.92, MEQ is in line with its industry, outperforming 48.15% of the companies in the same 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 48.91% over the past year.
- Measured over the past years, MEQ shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.33% on average per year.
- Looking at the last year, MEQ shows a small growth in Revenue. The Revenue has grown by 7.91% in the last year.
- 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
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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
- The Price/Earnings ratio is 6.01, which indicates a rather cheap valuation of MEQ.
- Based on the Price/Earnings ratio, MEQ is valued cheaply inside the industry as 92.59% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of MEQ to the average of the S&P500 Index (26.64), we can say MEQ is valued rather cheaply.
- MEQ is valuated rather expensively with a Price/Forward Earnings ratio of 17.90.
- Based on the Price/Forward Earnings ratio, MEQ is valued cheaper than 88.89% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 21.36. MEQ is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.01 | ||
| Fwd PE | 17.9 |
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 | 19.06 | ||
| EV/EBITDA | 19.88 |
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 0.18%, MEQ is not a good candidate for dividend investing.
- MEQ's Dividend Yield is slightly below the industry average, which is at 3.28.
- With a Dividend Yield of 0.18, MEQ pays less dividend than the S&P500 average, which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
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 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 (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 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 Cap1.67B
Revenue(TTM)279.56M
Net Income(TTM)279.04M
Analysts80
Price Target249.39 (38.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
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 | 6.01 | ||
| 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 | 19.88 |
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 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 | 1.3 |
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.