Mainstreet Equity Corp MEQ

Morningstar Rating
CAD 195.88 +1.99 (1.03%)
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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 530% premium.
Price
CAD 196.36
Fair Value
CAD 744.60
Uncertainty
High
1-Star Price
CAD 111.27
5-Star Price
CAD 282.76
Economic Moat
Lbtsk
Capital Allocation

News

Trading Information

Previous Close Price
CAD 193.89
Day Range
CAD 194.72195.88
52-Week Range
CAD 131.18200.01
Bid/Ask
CAD 189.00 / CAD 198.94
Market Cap
CAD 1.83 Bil
Volume/Avg
773 / 2,341

Key Statistics

Price/Earnings (Normalized)
24.09
Price/Sales
7.65
Dividend Yield (Trailing)
0.04%
Dividend Yield (Forward)
0.06%
Total Yield
0.04%

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
DRM
NRR.UN
Price/Earnings (Normalized)
24.093.82
Price/Book Value
1.300.950.81
Price/Sales
7.652.452.50
Price/Cash Flow
22.9211.82
Price/Earnings
MEQ
DRM
NRR.UN

Financial Strength

Metric
MEQ
DRM
NRR.UN
Quick Ratio
0.281.660.04
Current Ratio
0.405.220.10
Interest Coverage
5.320.972.91
Quick Ratio
MEQ
DRM
NRR.UN

Profitability

Metric
MEQ
DRM
NRR.UN
Return on Assets (Normalized)
3.78%−1.36%6.61%
Return on Equity (Normalized)
9.10%−3.63%22.29%
Return on Invested Capital (Normalized)
5.32%0.10%10.42%
Return on Assets
MEQ
DRM
NRR.UN

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