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Mainstreet Equity Corp.

Mainstreet Equity Corp.

164.91
CAD
-0.30
(-0.18%)
18.81EPS
9.12P/E
1.59BMarket Cap
Dec 09Next Earn
Mainstreet Equity Corp.
NEO:MEQ
(Cboe Canada)

Recent

price

164.91

P/E

ratio

9.12

div

yld

0.15%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CAD
5.17
5.48
6.4
7.47
8.64
9.67
10.48
11.8
13.1
15.03
15.99
17.11
19.33
22.53
26.81
29.65
30.84
Revenue per Share
-0.37
7.9
5.37
6.05
6.36
6.23
1.79
10.25
8.23
6.41
7.32
24.13
12.9
11.74
21.45
30.8
18.81
Basic EPS, GAAP
-2.9
0.73
1.62
2.25
2.44
3.17
2.62
3.64
3.38
4.13
3.64
3.72
5.56
7.53
9.78
9.06
11.62
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.08
0.15
0.24
Dividend per Share
28.27
36.14
41.37
47.43
53.78
60.4
66.19
76.62
84.87
85.3
92.74
116.88
129.82
141.57
162.93
193.59
202.36
Book Value per Share
28.27
36.14
41.37
47.43
53.78
60.38
66.14
76.55
84.85
85.18
92.59
116.76
129.7
141.47
162.88
193.54
202.29
Tangible Book Value per Share
10
10
10
10
10
10
10
9
9
9
9
9
9
9
9
9
9
Basic Weighted Avg Shares
54
57
67
78
90
100
100
105
116
138
150
160
181
210
250
276
287
Sales/Revenue/Turnover
27.1
55.52
56.8
55.91
56.42
57.99
53.9
51.3
52.6
53.29
53.2
52.96
51.95
53.84
56.58
59.32
60.26
Operating Margin (%)
13
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
1
1
1
1
1
Depreciation Expense
-4
82
56
63
67
65
17
91
73
59
69
226
121
109
200
287
175
Net Income, GAAP
- -
6.84
15.04
20.07
18.39
24.89
24.74
16.06
19.92
10.97
14.57
12.89
15.81
20.64
15.95
15.85
18.58
Effective Tax Rate (%)
-7.22
144.29
83.88
80.93
73.61
64.46
17.12
86.89
62.87
42.64
45.77
141.02
66.75
52.09
80.02
103.88
60.99
Profit Margin (%)
-34
-44
-89
-106
-87
-95
-87
6
-49
-183
-64
-46
-61
-60
-109
39
-90
Working Capital
363
432
399
450
518
559
667
826
914
899
1,082
1,275
1,321
1,419
1,494
1,648
1,575
LT Debt
293
376
433
496
563
620
588
677
750
800
867
1,092
1,211
1,319
1,518
1,802
1,874
Total Equity
- -
4.52
4.25
4.16
4.42
4.15
3.68
3.78
3.59
4.29
4.05
3.79
3.63
3.77
4.45
4.48
4.4
Return on Invested Capital (%)
- -
13.01
8.28
8.19
7.77
6.85
2.81
8.03
5.93
4.85
4.93
11.33
5.94
5.13
7.98
9.71
6.19
Return on Capital (%)
- -
24.54
13.86
13.62
12.57
10.94
2.84
14.38
10.2
7.57
8.22
23.02
10.47
8.65
14.09
17.29
9.75
Return on Common Equity (%)

Capital Structure

CAD

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
152
157
221
LT Borrowings
1,654
1,647
1,575
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
1,708
1,641
1,589

Working Capital

CAD

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
167
160
153
Cash, Cash Equivalents & STI
148
141
135
Accounts Receivable, Net
2
2
2
Inventories
2
2
3
Total Current Liabilities
178
180
243
Payables & Accruals
17
13
12
ST Debt
152
157
221
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.53%
15.91%
18.7%
Free Cash Flow
12.33%
21.77%
-7.41%
Net Income, GAAP
63.31%
59.9%
43.59%
Sales/Revenue/Turnover
10.81%
13.11%
10.61%
Total Cash Common Dividend
- -
- -
79.04%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
58
61
63
67
250
2025
68
69
70
70
276
2026
71
72
73
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.36
3.61
3.79
12.18
21.45
2025
6.03
9.82
5
9.96
30.8
2026
5.19
0.01
3.64
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.03
0.03
0.03
0.08
2025
0.03
0.04
0.04
0.04
0.15
2026
0.04
0.08
0.08
- -
- -
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Business
Mainstreet Equity Corp. (TSX: MEQ) owns, manages and develops mid-market multi-family residential properties across Western Canada. The company offers apartment rentals, townhome rentals and related property management services; it also engages in selective development, redevelopment and intensification of its portfolio to enhance value. Operations span British Columbia, Alberta, Saskatchewan and Manitoba, with a focus on stable, cash-flowing assets in urban and suburban markets targeting middle-income residential tenants. Founded in 2002 and headquartered in New Westminster, British Columbia, Mainstreet maintains a portfolio exceeding 18,000 suites emphasizing operational efficiency and accretive growth. In recent developments, Mainstreet completed a strategic refinancing of its credit facilities in 2024, bolstering liquidity for acquisitions; it acquired over 1,000 suites in Alberta and Saskatchewan during 2024-2025 amid market consolidation; and launched suite modernization programs across key properties to boost net operating income by 5-10% annually.

Company News

Company News APIChatGPT

  • defenseworld.net

    Mainstreet Equity (TSE:MEQ) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

  • businesswire.com

    Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending September 30, 2026

  • defenseworld.net

    Mainstreet Equity (TSE:MEQ) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

  • seekingalpha.com

    Mainstreet Equity: A Quality Compounder At A Good Price

  • businesswire.com

    Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending March 31, 2026

  • defenseworld.net

    Mainstreet Equity (OTCMKTS:MEQYF) Stock Price Up 2.8% – Here’s What Happened

  • businesswire.com

    Mainstreet Equity Corp. Delivers Strong Q1 2026 Performance

  • businesswire.com

    Mainstreet Equity Corp. Announces Quarterly Dividend Increase by 100% for Period Ending December 31, 2025

  • defenseworld.net

    Mainstreet Equity (OTCMKTS:MEQYF) Stock Price Up 12.2% – Still a Buy?

  • businesswire.com

    Mainstreet Equity Posts Double-Digit Year-Over-Year Growth in FY2025

  • businesswire.com

    Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending September 30, 2025

  • prnewswire.com

    MainStreet Bancshares Inc. Reports Strong Second Quarter Earnings

  • businesswire.com

    Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending June 30, 2025

  • businesswire.com

    Mainstreet Equity Corp. Announces Normal Course Issuer Bid

  • seekingalpha.com

    Mainstreet Equity: A Quality Compounder Hiding In Plain Sight

  • seekingalpha.com

    Mainstreet Equity: Under The Radar For Far Too Long

  • seekingalpha.com

    Mainstreet Equity: A Winning Formula To Beat The REIT

  • businesswire.com

    Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending March 31, 2024