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Mainstreet Equity Corp MEQ

Morningstar Rating
CAD 173.56 −1.92 (1.09%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MEQ is trading at a 90% premium.
Price
CAD 174.67
Fair Value
CAD 324.19
Uncertainty
High
1-Star Price
CAD 287.62
5-Star Price
CAD 426.55
Economic Moat
Lblyjj
Capital Allocation
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News

Trading Information

Previous Close Price
CAD 175.48
Day Range
CAD 173.56174.15
52-Week Range
CAD 127.66194.57
Bid/Ask
CAD 173.41 / CAD 174.57
Market Cap
CAD 1.62 Bil
Volume/Avg
325 / 3,649

Key Statistics

Price/Earnings (Normalized)
23.08
Price/Sales
7.08
Dividend Yield (Trailing)
0.03%
Dividend Yield (Forward)
0.06%
Total Yield
0.03%

Company Profile

Mainstreet Equity Corp is a residential real estate company. It is focused on the acquisition, redevelopment, repositioning, and management of mid-market rental apartment buildings. The business specializes in multi-family residential housing operating in a single segment. Geographically it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. The company generates revenue from rental income and others.
Sector
Real Estate
Industry
Real Estate Services
Stock Style Box
Small Growth
Total Number of Employees
487

Comparables

Valuation

Metric
MEQ
TCN
DRM
Price/Earnings (Normalized)
23.0815.571,052.25
Price/Book Value
1.140.820.57
Price/Sales
7.083.711.71
Price/Cash Flow
20.8328.72132.97
Price/Earnings
MEQ
TCN
DRM

Financial Strength

Metric
MEQ
TCN
DRM
Quick Ratio
0.720.351.39
Current Ratio
0.830.494.23
Interest Coverage
5.511.49−1.35
Quick Ratio
MEQ
TCN
DRM

Profitability

Metric
MEQ
TCN
DRM
Return on Assets (Normalized)
5.45%0.89%−5.39%
Return on Equity (Normalized)
13.12%2.98%−14.37%
Return on Invested Capital (Normalized)
7.11%3.55%−4.63%
Return on Assets
MEQ
TCN
DRM
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