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

TSX:MEQ • CA5609151009

184.51 CAD
-0.49 (-0.26%)
Last: Mar 5, 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.

Fundamental Rating

5

MEQ gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 30 industry peers in the Real Estate Management & Development industry. While MEQ belongs to the best of the industry regarding profitability, there are concerns on its financial health. MEQ is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

8

1. MEQ.CA Profitability Analysis

1.1 Basic Checks

  • MEQ had positive earnings in the past year.
  • MEQ had a positive operating cash flow in the past year.
  • In the past 5 years MEQ has always been profitable.
  • MEQ had a positive operating cash flow in each of the past 5 years.
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

  • 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 better Return On Equity (15.09%) than 93.33% of its industry peers.
  • MEQ has a Return On Invested Capital (3.65%) which is comparable to the rest of the industry.
  • MEQ had an Average Return On Invested Capital over the past 3 years of 3.47%. This is significantly below the industry average of 11.03%.
  • 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 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'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's Operating Margin of 59.68% is amongst the best of the industry. MEQ outperforms 100.00% of its industry peers.
  • MEQ's Operating Margin has improved in the last couple of years.
  • With a decent Gross Margin value of 66.88%, MEQ is doing good in 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 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

  • 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.
  • The number of shares outstanding for MEQ remains at a similar level compared to 5 years ago.
  • Compared to 1 year ago, MEQ has an improved debt to assets ratio.
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 1.31. 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 of 1.31. This is in the better half of the industry: MEQ outperforms 63.33% of its industry peers.
  • 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 comparable to the rest of the industry: MEQ outperforms 60.00% 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.
  • 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 60.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.89
Debt/FCF 20.58
Altman-Z 1.31
ROIC/WACC0.49
WACC7.44%
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

  • A Current Ratio of 0.94 indicates that MEQ may have some problems paying its short term obligations.
  • MEQ's Current ratio of 0.94 is in line compared to the rest of the industry. MEQ outperforms 46.67% of its industry peers.
  • 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

  • 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
  • Looking at the last year, MEQ shows a small growth in Revenue. The Revenue has grown by 7.91% in the last year.
  • The Revenue has been growing by 13.02% on average over the past years. This is quite good.
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

  • Based on estimates for the next years, MEQ will show a very negative growth in Earnings Per Share. The EPS will decrease by -42.71% on average per year.
  • Based on estimates for the next years, MEQ will show a small growth in Revenue. The Revenue will grow by 4.78% on average per year.
EPS Next Y-69.26%
EPS Next 2Y-42.71%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.29%
Revenue Next 2Y4.78%
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.
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

  • A Price/Earnings ratio of 5.99 indicates a rather cheap valuation of MEQ.
  • Based on the Price/Earnings ratio, MEQ is valued cheaper than 90.00% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.29, MEQ is valued rather cheaply.
  • A Price/Forward Earnings ratio of 18.25 indicates a rather expensive valuation of MEQ.
  • MEQ's Price/Forward Earnings ratio is rather cheap when compared to the industry. MEQ is cheaper than 83.33% of the companies in the same industry.
  • MEQ is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.57, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 5.99
Fwd PE 18.25
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 40

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.
  • MEQ's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 19.57
EV/EBITDA 20.15
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 -42.71% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.18
EPS Next 2Y-42.71%
EPS Next 3YN/A

2

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 2.86, 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 RankSector 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
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

  • 0.53% of the earnings are spent on dividend by MEQ. This is a low number and sustainable payout ratio.
DP0.53%
EPS Next 2Y-42.71%
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 (3/5/2026, 7:00:00 PM)

184.51

-0.49 (-0.26%)

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 Owners20.84%
Inst Owner ChangeN/A
Ins Owners49%
Ins Owner ChangeN/A
Market Cap1.72B
Revenue(TTM)279.56M
Net Income(TTM)279.04M
Analysts80
Price Target249.39 (35.16%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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
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)0%
EPS NY rev (3m)-1.26%
Revenue NQ rev (1m)0.46%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)-2.64%
Revenue NY rev (3m)-2.79%
Valuation
Industry RankSector Rank
PE 5.99
Fwd PE 18.25
P/S 6.14
P/FCF 19.57
P/OCF 19.43
P/B 0.93
P/tB 0.93
EV/EBITDA 20.15
EPS(TTM)30.8
EY16.69%
EPS(NY)10.11
Fwd EY5.48%
FCF(TTM)9.43
FCFY5.11%
OCF(TTM)9.5
OCFY5.15%
SpS30.06
BVpS198.83
TBVpS198.78
PEG (NY)N/A
PEG (5Y)0.18
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 1.31
F-Score5
WACC7.44%
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)43.59%
EPS 3Y33.62%
EPS 5Y33.33%
EPS Q2Q%-14.03%
EPS Next Y-69.26%
EPS Next 2Y-42.71%
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 Year4.29%
Revenue Next 2Y4.78%
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 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%.