MAINSTREET EQUITY CORP (MEQ.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:MEQ • CA5609151009
171.72 CAD
-0.54 (-0.31%)
Last: Feb 6, 2026, 07:00 PM
MEQ gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 32 industry peers in the Real Estate Management & Development industry. While MEQ belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MEQ has a decent growth rate and is not valued too expensively.
1. Profitability
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.
1.2 Ratios
- MEQ has a Return On Assets of 7.03%. This is amongst the best in the industry. MEQ outperforms 96.88% of its industry peers.
- The Return On Equity of MEQ (15.92%) is better than 96.88% of its industry peers.
- With a decent Return On Invested Capital value of 3.64%, MEQ is doing good in the industry, outperforming 62.50% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for MEQ is significantly below the industry average of 10.88%.
- The 3 year average ROIC (3.47%) for MEQ is below the current ROIC(3.64%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
- Looking at the Profit Margin, with a value of 103.88%, 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 Profit Margin of MEQ has grown nicely.
- The Operating Margin of MEQ (59.32%) is better than 100.00% of its industry peers.
- In the last couple of years the Operating Margin of MEQ has grown nicely.
- With an excellent Gross Margin value of 66.37%, MEQ belongs to the best of the industry, outperforming 84.38% of the companies in the same industry.
- MEQ's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector 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%
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.
- The number of shares outstanding for MEQ remains at a similar level compared to 1 year ago.
- MEQ has about the same amout of shares outstanding than it did 5 years ago.
- The debt/assets ratio for MEQ has been reduced compared to a year ago.
2.2 Solvency
- MEQ has an Altman-Z score of 1.24. 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 1.24. This is comparable to the rest of the industry: MEQ outperforms 50.00% 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.
- The Debt to FCF ratio of MEQ (22.75) is better than 62.50% of its industry peers.
- MEQ has a Debt/Equity ratio of 0.91. This is a neutral value indicating MEQ is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.91, MEQ perfoms like the industry average, outperforming 40.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 22.75 | ||
| Altman-Z | 1.24 |
ROIC/WACC0.49
WACC7.36%
2.3 Liquidity
- A Current Ratio of 1.13 indicates that MEQ should not have too much problems paying its short term obligations.
- MEQ has a Current ratio (1.13) which is comparable to the rest of the 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 46.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 43.59% 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 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 13.02% yearly.
EPS 1Y (TTM)43.59%
EPS 3Y33.62%
EPS 5Y33.33%
EPS Q2Q%-18.31%
Revenue 1Y (TTM)10.61%
Revenue growth 3Y15.23%
Revenue growth 5Y13.02%
Sales Q2Q%5.34%
3.2 Future
- The Earnings Per Share is expected to decrease by -42.71% 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 4.84% on average per year.
EPS Next Y-69.26%
EPS Next 2Y-42.71%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.12%
Revenue Next 2Y4.84%
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. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 5.58, the valuation of MEQ can be described as very cheap.
- Based on the Price/Earnings ratio, MEQ is valued cheaply inside the industry as 90.63% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 27.92. MEQ is valued rather cheaply when compared to this.
- MEQ is valuated rather expensively with a Price/Forward Earnings ratio of 18.14.
- 81.25% of the companies in the same industry are more expensive than MEQ, based on the Price/Forward Earnings ratio.
- MEQ's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.58 | ||
| Fwd PE | 18.14 |
4.2 Price Multiples
- MEQ's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MEQ is cheaper than 68.75% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, MEQ is valued a bit cheaper than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.96 | ||
| EV/EBITDA | 19.48 |
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)0.17
EPS Next 2Y-42.71%
EPS Next 3YN/A
5. Dividend
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 2.33, MEQ is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.83, 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
- 0.48% of the earnings are spent on dividend by MEQ. This is a low number and sustainable payout ratio.
DP0.48%
EPS Next 2Y-42.71%
EPS Next 3YN/A
TSX:MEQ (2/6/2026, 7:00:00 PM)
171.72
-0.54 (-0.31%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)12-14 2025-12-14/amc
Earnings (Next)02-17 2026-02-17
Inst Owners20.84%
Inst Owner ChangeN/A
Ins Owners49%
Ins Owner ChangeN/A
Market Cap1.60B
Revenue(TTM)276.29M
Net Income(TTM)287.01M
Analysts80
Price Target248.88 (44.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
Yearly Dividend0.15
Dividend Growth(5Y)N/A
DP0.48%
Div Incr Years0
Div Non Decr Years0
Ex-Date01-16 2026-01-16 (0.08)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)219.61%
Min EPS beat(2)136.3%
Max EPS beat(2)302.92%
EPS beat(4)4
Avg EPS beat(4)272.53%
Min EPS beat(4)136.3%
Max EPS beat(4)425.56%
EPS beat(8)7
Avg EPS beat(8)242.65%
EPS beat(12)11
Avg EPS beat(12)204.09%
EPS beat(16)15
Avg EPS beat(16)200.19%
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%
PT rev (3m)0.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.28%
EPS NY rev (1m)-1.26%
EPS NY rev (3m)-1.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.57%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.58 | ||
| Fwd PE | 18.14 | ||
| P/S | 5.78 | ||
| P/FCF | 18.96 | ||
| P/OCF | 18.82 | ||
| P/B | 0.89 | ||
| P/tB | 0.89 | ||
| EV/EBITDA | 19.48 |
EPS(TTM)30.8
EY17.94%
EPS(NY)9.47
Fwd EY5.51%
FCF(TTM)9.06
FCFY5.28%
OCF(TTM)9.12
OCFY5.31%
SpS29.71
BVpS193.79
TBVpS193.74
PEG (NY)N/A
PEG (5Y)0.17
Graham Number366.47
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 1.24 |
F-Score7
WACC7.36%
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%-18.31%
EPS Next Y-69.26%
EPS Next 2Y-42.71%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)10.61%
Revenue growth 3Y15.23%
Revenue growth 5Y13.02%
Sales Q2Q%5.34%
Revenue Next Year7.12%
Revenue Next 2Y4.84%
Revenue Next 3YN/A
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 6 / 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 2 / 10 and the dividend payout ratio is 0.48%.