MEQ:CA:TSX-Mainstreet Equity Corp. (CAD)

EQUITY | Real Estate Services | Toronto Stock Exchange

Last Closing

CAD 206.85

Change

0.00 (0.00)%

Market Cap

CAD 0.29B

Volume

1.10K

Analyst Target

CAD 90.75
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Mainstreet Equity Corp is engaged in the acquisition, redevelopment, repositioning and management of mid-market rental apartment buildings in four Canadian markets : Vancouver/ Lower Mainland, Calgary, Edmonton, and Saskatoon.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2025-01-04 )

Largest Industry Peers for Real Estate Services

Symbol Name Price(Change) Market Cap
FSV:CA FirstService Corp

-5.89 (-2.24%)

CAD 11.94B
BPO-PC:CA Brookfield Office Properties I..

+0.17 (+0.79%)

CAD 10.26B
CIGI:CA Colliers International Group I..

-0.47 (-0.24%)

CAD 9.82B
BPO-PA:CA Brookfield Office Properties I..

+0.06 (+0.36%)

CAD 7.79B
BPO-PP:CA Brookfield Offi Pro Cl Aaa P P..

N/A

CAD 6.91B
BPO-PN:CA Brookfield Offi Pro Cl Aaa N P..

+0.06 (+0.42%)

CAD 6.88B
BPO-PX:CA Brookfield Office Properties I..

N/A

CAD 4.79B
BPO-PW:CA Brookfield Office Properties I..

-0.10 (-1.02%)

CAD 4.70B
BPO-PY:CA Brookfield Office Properties I..

N/A

CAD 4.61B
AIF:CA Altus Group Limited

-0.67 (-1.20%)

CAD 2.58B

ETFs Containing MEQ:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Real Estate Services) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.40% 84% B 81% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 2.40% 84% B 81% B-
Trailing 12 Months  
Capital Gain 41.22% 70% C- 89% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 41.22% 70% C- 88% B+
Trailing 5 Years  
Capital Gain 161.77% 100% F 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 161.77% 100% F 90% A-
Average Annual (5 Year Horizon)  
Capital Gain 29.55% 100% F 89% A-
Dividend Return 29.55% 100% F 88% B+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 23.90% 75% C 37% F
Risk Adjusted Return 123.67% 100% F 98% N/A
Market Capitalization 0.29B 44% F 77% C+

Key Financial Ratios

  Ratio vs. Industry/Classification (Real Estate Services) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 9.80 41% 70%
Price/Book Ratio 1.29 60% 51%
Price / Cash Flow Ratio 27.66 56% 9%
Price/Free Cash Flow Ratio 12.34 91% 30%
Management Effectiveness  
Return on Equity 9.38% 42% 64%
Return on Invested Capital 3.06% 36% 37%
Return on Assets 2.56% 70% 48%
Debt to Equity Ratio 107.55% 50% 33%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.