MAINSTREET EQUITY CORP (MEQ.CA) Fundamental Analysis & Valuation
TSX:MEQ • CA5609151009
184 CAD
-0.51 (-0.28%)
Last: Mar 6, 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 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.
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.
- Each year in the past 5 years MEQ has been profitable.
- 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.
- With an excellent Return On Equity value of 15.09%, MEQ belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
- MEQ's Return On Invested Capital of 3.65% 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 11.03%.
- 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
- 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 100.00% of its industry peers.
- MEQ's Operating Margin has improved in the last couple of years.
- MEQ has a better Gross Margin (66.88%) than 80.00% 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.
- Compared to 1 year ago, MEQ has about the same amount of shares outstanding.
- 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
- 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.
- The Debt to FCF ratio of MEQ is 20.58, which is on the high side as it means it would take MEQ, 20.58 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of MEQ (20.58) is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.89 indicates that MEQ is somewhat dependend on debt financing.
- MEQ has a Debt to Equity ratio of 0.89. This is in the lower half of the industry: MEQ underperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 20.58 | ||
| Altman-Z | 1.31 |
ROIC/WACC0.49
WACC7.44%
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.
- The Current ratio of MEQ (0.94) is comparable to the rest of the 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.
- With a Quick ratio value of 0.92, MEQ perfoms like the industry average, outperforming 50.00% 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 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.
- Looking at the last year, MEQ shows a small growth in Revenue. The Revenue has grown by 7.91% in the last year.
- 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 -42.71% yearly.
- The Revenue is expected to grow by 4.78% on average over the next years.
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.
4. MEQ.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 5.97, the valuation of MEQ can be described as very cheap.
- Compared to the rest of the industry, the Price/Earnings ratio of MEQ indicates a rather cheap valuation: MEQ is cheaper than 90.00% of the companies listed in the same industry.
- MEQ is valuated cheaply when we compare the Price/Earnings ratio to 26.29, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 18.20 indicates a rather expensive valuation of MEQ.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MEQ indicates a rather cheap valuation: MEQ is cheaper than 83.33% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.57. MEQ is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.97 | ||
| Fwd PE | 18.2 |
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.
- The rest of the industry has a similar Price/Free Cash Flow ratio as MEQ.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.51 | ||
| EV/EBITDA | 20.15 |
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 -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
5. MEQ.CA Dividend Analysis
5.1 Amount
- MEQ has a yearly dividend return of 0.17%, which is pretty low.
- MEQ's Dividend Yield is slightly below the industry average, which is at 2.86.
- 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 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-42.71%
EPS Next 3YN/A
MEQ.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MEQ (3/6/2026, 7:00:00 PM)
184
-0.51 (-0.28%)
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 Owners20.84%
Inst Owner ChangeN/A
Ins Owners49%
Ins Owner ChangeN/A
Market Cap1.71B
Revenue(TTM)279.56M
Net Income(TTM)279.04M
Analysts80
Price Target249.39 (35.54%)
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)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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.97 | ||
| Fwd PE | 18.2 | ||
| P/S | 6.12 | ||
| P/FCF | 19.51 | ||
| P/OCF | 19.37 | ||
| P/B | 0.93 | ||
| P/tB | 0.93 | ||
| EV/EBITDA | 20.15 |
EPS(TTM)30.8
EY16.74%
EPS(NY)10.11
Fwd EY5.49%
FCF(TTM)9.43
FCFY5.13%
OCF(TTM)9.5
OCFY5.16%
SpS30.06
BVpS198.83
TBVpS198.78
PEG (NY)N/A
PEG (5Y)0.18
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 | 1.31 |
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%.