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.
We assign a fundamental rating of 5 out of 10 to MEQ. 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 has a decent growth rate and is not valued too expensively.
1. MEQ.CA Profitability Analysis
1.1 Basic Checks
- In the past year MEQ was profitable.
- In the past year MEQ had a positive cash flow from operations.
- Each year in the past 5 years MEQ has been profitable.
- MEQ had a positive operating cash flow in each of the past 5 years.
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's Return On Equity of 15.09% is amongst the best of the industry. MEQ outperforms 93.33% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 3.65%, MEQ is in line with its industry, outperforming 56.67% 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 11.26%.
- 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.
- The Operating Margin of MEQ (59.68%) is better than 96.67% of its industry peers.
- In the last couple of years the Operating Margin of MEQ has grown nicely.
- MEQ has a Gross Margin of 66.88%. This is in the better half of the industry: MEQ outperforms 80.00% of its industry peers.
- MEQ's Gross Margin has been stable in the last couple of years.
| 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
- MEQ has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, MEQ has about the same amount of shares outstanding.
- The number of shares outstanding for MEQ remains at a similar level compared to 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 1.31. 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 (1.31) which is in line with 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.
- Looking at the Debt to FCF ratio, with a value of 20.58, MEQ is in the better half of the industry, outperforming 63.33% 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.
- 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/WACC0.48
WACC7.6%
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 of 0.94. This is comparable to the rest of the industry: MEQ outperforms 46.67% of its industry peers.
- 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.
- 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 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.
- 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
- The Revenue is expected to grow by 5.05% on average over the next years.
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
- A Price/Earnings ratio of 5.97 indicates a rather cheap valuation of MEQ.
- 90.00% of the companies in the same industry are more expensive than MEQ, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 26.29. MEQ is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 18.31, which indicates a rather expensive current valuation of MEQ.
- Based on the Price/Forward Earnings ratio, MEQ is valued cheaper than 83.33% of the companies in the same industry.
- MEQ's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.60.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.97 | ||
| Fwd PE | 18.31 |
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 70.00% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MEQ is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.51 | ||
| EV/EBITDA | 20.12 |
4.3 Compensation for Growth
- MEQ has an outstanding profitability rating, which 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)0.18
EPS Next 2Y-42.88%
EPS Next 3YN/A
5. MEQ.CA Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.17%, MEQ is not a good candidate for dividend investing.
- MEQ's Dividend Yield is slightly below the industry average, which is at 2.48.
- 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 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
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 (3/6/2026, 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 Owners20.65%
Inst Owner ChangeN/A
Ins Owners49.11%
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)9.6%
EPS NY rev (3m)8.21%
Revenue NQ rev (1m)0.46%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)-2.28%
Revenue NY rev (3m)-2.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.97 | ||
| Fwd PE | 18.31 | ||
| P/S | 6.12 | ||
| P/FCF | 19.51 | ||
| P/OCF | 19.37 | ||
| P/B | 0.93 | ||
| P/tB | 0.93 | ||
| EV/EBITDA | 20.12 |
EPS(TTM)30.8
EY16.74%
EPS(NY)10.05
Fwd EY5.46%
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
WACC7.6%
ROIC/WACC0.48
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 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%.