Mainstreet Equity Corp MEQ
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.
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News
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Mainstreet Announces Normal Course Issuer Bid
-
Mainstreet Equity Corp. Cyber Incident
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Mainstreet Equity Achieves Tenth Consecutive Quarter of Double-digit Growth in Q2
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Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending March 31, 2024
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Mainstreet Equity Corp. held Annual Shareholder Meeting on March 7, 2024
Trading Information
- Previous Close Price
- CAD 167.13
- Day Range
- CAD 166.57–171.08
- 52-Week Range
- CAD 127.66–194.57
- Bid/Ask
- CAD 169.80 / CAD 172.23
- Market Cap
- CAD 1.59 Bil
- Volume/Avg
- 3,332 / 3,664
Key Statistics
- Price/Earnings (Normalized)
- 22.30
- Price/Sales
- 6.84
- 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
- Website
- https://www.mainst.biz
Comparables
Valuation
|
Metric
|
MEQ
|
TCN
|
DRM
|
|---|---|---|---|
Price/Earnings (Normalized) | 22.30 | 15.57 | 1,050.59 |
Price/Book Value | 1.10 | 0.82 | 0.57 |
Price/Sales | 6.84 | 3.71 | 1.71 |
Price/Cash Flow | 20.13 | 28.72 | 132.76 |
Price/Earnings
MEQ
TCN
DRM
Financial Strength
|
Metric
|
MEQ
|
TCN
|
DRM
|
|---|---|---|---|
Quick Ratio | 0.72 | 0.35 | 1.39 |
Current Ratio | 0.83 | 0.49 | 4.23 |
Interest Coverage | 5.51 | 1.49 | −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
Real Estate Services Industry Comparables
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