MAINSTREET EQUITY CORP (MEQ.CA) Fundamental Analysis & Valuation
TSX:MEQ • CA5609151009
Current stock price
174.89 CAD
-2.16 (-1.22%)
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
- 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.
- Each year in the past 5 years MEQ had a positive operating cash flow.
1.2 Ratios
- MEQ's Return On Assets of 6.93% is amongst the best of the industry. MEQ outperforms 93.33% of its industry peers.
- The Return On Equity of MEQ (15.09%) is better than 90.00% of its industry peers.
- With a Return On Invested Capital value of 3.65%, MEQ perfoms like the industry average, 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 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's Profit Margin of 99.81% is amongst the best of 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 Operating Margin of 59.68%. This is amongst the best in the industry. MEQ outperforms 96.67% 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 is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
- 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MEQ 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
- 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.
- With a Debt to FCF ratio value of 20.58, MEQ perfoms like the industry average, outperforming 56.67% of the companies in the same industry.
- 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 20.58 | ||
| Altman-Z | 1.29 |
ROIC/WACC0.5
WACC7.32%
2.3 Liquidity
- A Current Ratio of 0.94 indicates that MEQ may have some problems paying its short term obligations.
- MEQ has a Current ratio (0.94) which 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.
- With a Quick ratio value of 0.92, MEQ perfoms like the industry average, outperforming 46.67% 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
- MEQ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 43.59%, 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
- MEQ shows a small growth in Revenue. In the last year, the Revenue has grown by 7.91%.
- 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)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.
4. MEQ.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 5.68, which 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 86.67% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 25.23. MEQ is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 17.40, which indicates a rather expensive current valuation of MEQ.
- Based on the Price/Forward Earnings ratio, MEQ is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 23.28. MEQ is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.68 | ||
| Fwd PE | 17.4 |
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 73.33% of the companies listed in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as MEQ.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.53 | ||
| EV/EBITDA | 19.6 |
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 0.18%, MEQ is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.50, MEQ is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.89, MEQ's dividend is way lower than the S&P500 average.
| Industry Rank | Sector 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
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 (3/20/2026, 7:00:00 PM)
174.89
-2.16 (-1.22%)
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 Cap1.62B
Revenue(TTM)279.56M
Net Income(TTM)279.04M
Analysts80
Price Target249.39 (42.6%)
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 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)0.49%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)0.37%
Revenue NY rev (3m)-2.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.68 | ||
| Fwd PE | 17.4 | ||
| P/S | 5.81 | ||
| P/FCF | 18.53 | ||
| P/OCF | 18.39 | ||
| P/B | 0.88 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | 19.6 |
EPS(TTM)30.8
EY17.61%
EPS(NY)10.05
Fwd EY5.75%
FCF(TTM)9.44
FCFY5.4%
OCF(TTM)9.51
OCFY5.44%
SpS30.09
BVpS199.05
TBVpS198.99
PEG (NY)N/A
PEG (5Y)0.17
Graham Number371.4
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
WACC7.32%
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%.