MEQ Stock Overview
Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Mainstreet Equity Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$183.34 |
| 52 Week High | CA$194.57 |
| 52 Week Low | CA$125.55 |
| Beta | 1.55 |
| 1 Month Change | -0.47% |
| 3 Month Change | 25.15% |
| 1 Year Change | 39.84% |
| 3 Year Change | 123.59% |
| 5 Year Change | 252.58% |
| Change since IPO | 8,843.41% |
Recent News & Updates
Why Mainstreet Equity Corp. (TSE:MEQ) Could Be Worth Watching
Apr 12
Mainstreet Equity Corp.'s (TSE:MEQ) Low P/E No Reason For Excitement
Mar 11Additional Considerations Required While Assessing Mainstreet Equity's (TSE:MEQ) Strong Earnings
Feb 13Recent updates
Why Mainstreet Equity Corp. (TSE:MEQ) Could Be Worth Watching
Apr 12Mainstreet Equity Corp.'s (TSE:MEQ) Low P/E No Reason For Excitement
Mar 11Additional Considerations Required While Assessing Mainstreet Equity's (TSE:MEQ) Strong Earnings
Feb 13Results: Mainstreet Equity Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 09We Think Mainstreet Equity (TSE:MEQ) Is Taking Some Risk With Its Debt
Jul 05Should You Investigate Mainstreet Equity Corp. (TSE:MEQ) At CA$136?
May 12Is Mainstreet Equity (TSE:MEQ) A Risky Investment?
Feb 01Is Mainstreet Equity (TSE:MEQ) Using Too Much Debt?
Sep 23At CA$120, Is Mainstreet Equity Corp. (TSE:MEQ) Worth Looking At Closely?
Aug 31What Is Mainstreet Equity Corp.'s (TSE:MEQ) Share Price Doing?
May 11Is It Too Late To Consider Buying Mainstreet Equity Corp. (TSE:MEQ)?
Aug 25Is Mainstreet Equity (TSE:MEQ) Using Too Much Debt?
May 04Is Now The Time To Look At Buying Mainstreet Equity Corp. (TSE:MEQ)?
Apr 12It's Unlikely That Mainstreet Equity Corp.'s (TSE:MEQ) CEO Will See A Huge Pay Rise This Year
Mar 06Can You Imagine How Jubilant Mainstreet Equity's (TSE:MEQ) Shareholders Feel About Its 151% Share Price Gain?
Feb 19
Boasting A 7.9% Return On Equity, Is Mainstreet Equity Corp. (TSE:MEQ) A Top Quality Stock?
Feb 04Did Mainstreet Equity Corp. (TSE:MEQ) Insiders Sell Shares?
Jan 22At CA$74.57, Is It Time To Put Mainstreet Equity Corp. (TSE:MEQ) On Your Watch List?
Jan 07We Wouldn't Rely On Mainstreet Equity's (TSE:MEQ) Statutory Earnings As A Guide
Dec 23What Percentage Of Mainstreet Equity Corp. (TSE:MEQ) Shares Do Insiders Own?
Dec 09Mainstreet Equity (TSE:MEQ) Takes On Some Risk With Its Use Of Debt
Nov 24Shareholder Returns
| MEQ | CA Real Estate | CA Market | |
|---|---|---|---|
| 7D | -3.5% | -2.8% | -0.6% |
| 1Y | 39.8% | 5.9% | 3.9% |
Return vs Industry: MEQ exceeded the Canadian Real Estate industry which returned 5.9% over the past year.
Return vs Market: MEQ exceeded the Canadian Market which returned 3.9% over the past year.
Price Volatility
| MEQ volatility | |
|---|---|
| MEQ Average Weekly Movement | 2.7% |
| Real Estate Industry Average Movement | 4.6% |
| Market Average Movement | 9.1% |
| 10% most volatile stocks in CA Market | 18.3% |
| 10% least volatile stocks in CA Market | 3.1% |
Stable Share Price: MEQ has not had significant price volatility in the past 3 months.
Volatility Over Time: MEQ's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 526 | Bob Dhillon | www.mainst.biz |
Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada. The company owns a portfolio of multi-family residential properties in British Columbia, Calgary, Edmonton, Saskatoon, Regina, and Winnipeg. It invests in residential units consisting of townhouses, garden-style apartments, concrete mid-rise and high-rise apartments, and condo suites; and freestanding commercial buildings.
Mainstreet Equity Corp. Fundamentals Summary
| MEQ fundamental statistics | |
|---|---|
| Market cap | CA$1.71b |
| Earnings (TTM) | CA$162.96m |
| Revenue (TTM) | CA$219.51m |
10.5x
P/E Ratio7.8x
P/S RatioIs MEQ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MEQ income statement (TTM) | |
|---|---|
| Revenue | CA$219.51m |
| Cost of Revenue | CA$81.26m |
| Gross Profit | CA$138.25m |
| Other Expenses | -CA$24.71m |
| Earnings | CA$162.96m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 17.49 |
| Gross Margin | 62.98% |
| Net Profit Margin | 74.24% |
| Debt/Equity Ratio | 119.5% |
How did MEQ perform over the long term?
See historical performance and comparison