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MAINSTREET EQUITY CORP (MEQ.CA) Stock Fundamental Analysis

Canada - Toronto Stock Exchange - TSX:MEQ - CA5609151009 - Common Stock

179.05 CAD
-1.75 (-0.97%)
Last: 1/7/2026, 7:00:00 PM
Fundamental Rating

5

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. MEQ has an excellent profitability rating, but there are some minor 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. Profitability

1.1 Basic Checks

In the past year MEQ was profitable.
MEQ had a positive operating cash flow in the past year.
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.
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

Looking at the Return On Assets, with a value of 7.03%, MEQ belongs to the top of the industry, outperforming 96.67% of the companies in the same industry.
MEQ has a better Return On Equity (15.92%) than 96.67% of its industry peers.
MEQ's Return On Invested Capital of 3.64% is in line compared 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 11.42%.
The last Return On Invested Capital (3.64%) for MEQ is above the 3 year average (3.47%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 7.03%
ROE 15.92%
ROIC 3.64%
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

With an excellent Profit Margin value of 103.88%, MEQ belongs to the best 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.
The Operating Margin of MEQ (59.32%) is better than 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 66.37%, MEQ belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
MEQ's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 59.32%
PM (TTM) 103.88%
GM 66.37%
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

4

2. Health

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.
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.
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

Based on the Altman-Z score of 1.26, we must say that MEQ is in the distress zone and has some risk of bankruptcy.
MEQ's Altman-Z score of 1.26 is in line compared to the rest of the industry. MEQ outperforms 56.67% of its industry peers.
MEQ has a debt to FCF ratio of 22.75. This is a negative value and a sign of low solvency as MEQ would need 22.75 years to pay back of all of its debts.
MEQ has a Debt to FCF ratio of 22.75. This is in the better half of the industry: MEQ outperforms 66.67% of its industry peers.
A Debt/Equity ratio of 0.91 indicates that MEQ is somewhat dependend on debt financing.
MEQ has a Debt to Equity ratio (0.91) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.91
Debt/FCF 22.75
Altman-Z 1.26
ROIC/WACC0.49
WACC7.39%
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

MEQ has a Current Ratio of 1.13. This is a normal value and indicates that MEQ is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.13, MEQ perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Quick Ratio of 1.13 indicates that MEQ should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.13, MEQ perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.13
Quick Ratio 1.13
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. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 82.71% over the past year.
The Earnings Per Share has been growing by 27.81% on average over the past years. This is a very strong growth
Looking at the last year, MEQ shows a quite strong growth in Revenue. The Revenue has grown by 10.61% in the last year.
MEQ shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.67% yearly.
EPS 1Y (TTM)82.71%
EPS 3Y53.85%
EPS 5Y27.81%
EPS Q2Q%-18.28%
Revenue 1Y (TTM)10.61%
Revenue growth 3Y16.03%
Revenue growth 5Y12.67%
Sales Q2Q%5.34%

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 -22.18% on average per year.
Based on estimates for the next years, MEQ will show a small growth in Revenue. The Revenue will grow by 6.78% on average per year.
EPS Next Y-32.05%
EPS Next 2Y-33.14%
EPS Next 3Y-22.18%
EPS Next 5YN/A
Revenue Next Year10.75%
Revenue Next 2Y8.92%
Revenue Next 3Y6.78%
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.
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 5 10 15 20

6

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 8.35, which indicates a very decent valuation of MEQ.
76.67% of the companies in the same industry are more expensive than MEQ, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.92, MEQ is valued rather cheaply.
With a Price/Forward Earnings ratio of 18.67, MEQ is valued on the expensive side.
MEQ's Price/Forward Earnings ratio is rather cheap when compared to the industry. MEQ is cheaper than 86.67% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.57, MEQ is valued a bit cheaper.
Industry RankSector Rank
PE 8.35
Fwd PE 18.67
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 a bit cheaper when compared to the industry. MEQ is cheaper than 70.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 19.77
EV/EBITDA 19.86
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

MEQ has an outstanding profitability rating, which may justify a higher PE ratio.
MEQ's earnings are expected to decrease with -22.18% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2Y-33.14%
EPS Next 3Y-22.18%

1

5. Dividend

5.1 Amount

MEQ has a yearly dividend return of 0.09%, which is pretty low.
Compared to an average industry Dividend Yield of 2.03, MEQ is paying slightly less dividend.
With a Dividend Yield of 0.09, MEQ pays less dividend than the S&P500 average, which is at 1.94.
Industry RankSector Rank
Dividend Yield 0.09%

5.2 History

MEQ is new to the dividend game and has less than 3 years of track record.
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 0.05 0.1 0.15

5.3 Sustainability

MEQ pays out 0.48% of its income as dividend. This is a sustainable payout ratio.
DP0.48%
EPS Next 2Y-33.14%
EPS Next 3Y-22.18%
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

MAINSTREET EQUITY CORP

TSX:MEQ (1/7/2026, 7:00:00 PM)

179.05

-1.75 (-0.97%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)12-15 2025-12-15
Earnings (Next)02-02 2026-02-02
Inst Owners20.84%
Inst Owner ChangeN/A
Ins Owners49%
Ins Owner ChangeN/A
Market Cap1.67B
Revenue(TTM)276.29M
Net Income(TTM)287.01M
Analysts80
Price Target248.88 (39%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.09%
Yearly Dividend0.15
Dividend Growth(5Y)N/A
DP0.48%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)-2.91%
Min Revenue beat(2)-5.06%
Max Revenue beat(2)-0.76%
Revenue beat(4)2
Avg Revenue beat(4)-1.12%
Min Revenue beat(4)-5.06%
Max Revenue beat(4)0.96%
Revenue beat(8)5
Avg Revenue beat(8)-0.31%
Revenue beat(12)8
Avg Revenue beat(12)0.16%
Revenue beat(16)8
Avg Revenue beat(16)-0.1%
PT rev (1m)0.62%
PT rev (3m)0.62%
EPS NQ rev (1m)7.28%
EPS NQ rev (3m)7.28%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.57%
Revenue NQ rev (3m)0.57%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)-0.15%
Valuation
Industry RankSector Rank
PE 8.35
Fwd PE 18.67
P/S 6.03
P/FCF 19.77
P/OCF 19.63
P/B 0.92
P/tB 0.92
EV/EBITDA 19.86
EPS(TTM)21.45
EY11.98%
EPS(NY)9.59
Fwd EY5.36%
FCF(TTM)9.06
FCFY5.06%
OCF(TTM)9.12
OCFY5.09%
SpS29.71
BVpS193.79
TBVpS193.74
PEG (NY)N/A
PEG (5Y)0.3
Graham Number305.82
Profitability
Industry RankSector Rank
ROA 7.03%
ROE 15.92%
ROCE 4.33%
ROIC 3.64%
ROICexc 3.97%
ROICexgc 3.97%
OM 59.32%
PM (TTM) 103.88%
GM 66.37%
FCFM 30.49%
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-Score7
Asset Turnover0.07
Health
Industry RankSector Rank
Debt/Equity 0.91
Debt/FCF 22.75
Debt/EBITDA 10.01
Cap/Depr 94.37%
Cap/Sales 0.21%
Interest Coverage 250
Cash Conversion 51.57%
Profit Quality 29.35%
Current Ratio 1.13
Quick Ratio 1.13
Altman-Z 1.26
F-Score7
WACC7.39%
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)82.71%
EPS 3Y53.85%
EPS 5Y27.81%
EPS Q2Q%-18.28%
EPS Next Y-32.05%
EPS Next 2Y-33.14%
EPS Next 3Y-22.18%
EPS Next 5YN/A
Revenue 1Y (TTM)10.61%
Revenue growth 3Y16.03%
Revenue growth 5Y12.67%
Sales Q2Q%5.34%
Revenue Next Year10.75%
Revenue Next 2Y8.92%
Revenue Next 3Y6.78%
Revenue Next 5YN/A
EBIT growth 1Y15.95%
EBIT growth 3Y20.44%
EBIT growth 5Y15.51%
EBIT Next Year8.23%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-7.55%
FCF growth 3Y17.67%
FCF growth 5Y19.8%
OCF growth 1Y-7.24%
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 4 / 10.


How sustainable is the dividend of MAINSTREET EQUITY CORP (MEQ.CA) stock?

The dividend rating of MAINSTREET EQUITY CORP (MEQ.CA) is 1 / 10 and the dividend payout ratio is 0.48%.