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TSX

Mainstreet Equity Corp.

MEQ.TOReal EstateReal Estate - Services
Current Price
$174.22
Today's Change
+1.02%
Market Cap
$1.62B
Volume
6.32K

💡 Quick Take

Mainstreet Equity Corp. specializes in acquiring and managing multi-family residential properties in Western Canada. The company boasts strong profitability with high gross (66.7%), EBITDA (59.6%), and net margins (68.1%), indicating effective cost management. However, its low return on equity (2.6%) and return on assets (1.2%) raise concerns about overall efficiency. Additionally, the current (0.94) and quick ratios (0.92) suggest potential liquidity challenges, while a debt-to-equity ratio of 0.98 indicates a relatively high leverage position. Overall, while profitability is robust, efficiency and liquidity warrant closer scrutiny.

Based on 27 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$206.80
52 Week Low$170.00
Avg Volume7.95K
Beta0.81
Shares Outstanding9.31M

🔥 Valuation

Market Cap$1.62B
Enterprise Value$3.28B
P/E Ratio5.81
EV/EBITDAN/A
Dividend Yield0.09%

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🚩 Red Flags

🟠

High Debt Load

Debt of $1.8B is 12.2x the company's cash position of $147.6M.

🌟 Opportunities

🚀

Both gross margin (+2.4pp) and operating margin (+2.2pp) are expanding simultaneously, indicating the company is scaling profitably.

🚀

Exceptional gross margin of 66.9% indicates strong pricing power and competitive moat.

🚀

Operating margin of 59.8% demonstrates excellent operational efficiency.

💪

Operating margin increased by 2.2pp, reflecting better cost management.

🚀

Excellent operating cash flow margin of 31.5% indicates high-quality earnings.

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