Mainstreet Equity Corp
TSX:MEQ

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Mainstreet Equity Corp
TSX:MEQ
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Price: 188 CAD 0.41%
Market Cap: 1.8B CAD
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Mainstreet Equity Corp
Gross Profit

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Mainstreet Equity Corp
Gross Profit Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Gross Profit CAGR 3Y CAGR 5Y CAGR 10Y
Mainstreet Equity Corp
TSX:MEQ
Gross Profit
CA$172.5m
CAGR 3-Years
18%
CAGR 5-Years
14%
CAGR 10-Years
10%
Tricon Residential Inc
TSX:TCN
Gross Profit
$587.8m
CAGR 3-Years
28%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
M
Madison Pacific Properties Inc
TSX:MPC
Gross Profit
CA$37.2m
CAGR 3-Years
15%
CAGR 5-Years
10%
CAGR 10-Years
5%
Invesque Inc
TSX:IVQ.U
Gross Profit
$63m
CAGR 3-Years
-9%
CAGR 5-Years
-9%
CAGR 10-Years
71%
Morguard Corp
TSX:MRC
Gross Profit
CA$685.5m
CAGR 3-Years
-1%
CAGR 5-Years
-5%
CAGR 10-Years
5%
H
Halmont Properties Corp
XTSX:HMT
Gross Profit
CA$27.2m
CAGR 3-Years
32%
CAGR 5-Years
17%
CAGR 10-Years
N/A
No Stocks Found

Mainstreet Equity Corp
Glance View

Mainstreet Equity Corp. navigates the competitive terrain of the Canadian real estate market with a strategic focus on mid-market, multi-family rental properties. Founded with a vision to revitalize undervalued assets, Mainstreet has carved out a niche by acquiring low-cost apartment buildings, primarily located in Western Canada’s urban centers. Through its diligent approach to property acquisition and renovation, the company transforms these often-overlooked buildings into attractive rental options. This strategy not only helps in meeting the demand for affordable housing but also enhances the value of the properties, providing a steady income stream through rental fees. The company’s business model hinges on a buy-fix-hold strategy, which allows it to capitalize on significant value appreciation over time. By investing in comprehensive renovations aimed at improving energy efficiency, enhancing aesthetics, and upgrading amenities, Mainstreet increases occupancy rates and rental income. This approach, combined with operational efficiencies and stringent cost controls, helps Mainstreet maintain its profitability. The consistent cash flow from rent and appreciation in property value over time has allowed Mainstreet to reinvest in further acquisitions, creating a cycle of growth that fuels its expansion and fortifies its position in the multi-family residential market.

MEQ Intrinsic Value
227.08 CAD
Undervaluation 17%
Intrinsic Value
Price

See Also

What is Mainstreet Equity Corp's Gross Profit?
Gross Profit
172.5m CAD

Based on the financial report for Mar 31, 2025, Mainstreet Equity Corp's Gross Profit amounts to 172.5m CAD.

What is Mainstreet Equity Corp's Gross Profit growth rate?
Gross Profit CAGR 10Y
10%

Over the last year, the Gross Profit growth was 19%. The average annual Gross Profit growth rates for Mainstreet Equity Corp have been 18% over the past three years , 14% over the past five years , and 10% over the past ten years .

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