Mainstreet Equity Corp
TSX:MEQ

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Mainstreet Equity Corp
TSX:MEQ
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Price: 192.59 CAD 0.11% Market Closed
Market Cap: 1.8B CAD

Net Margin
Mainstreet Equity Corp

92.1%
Current
75%
Average
9.7%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
92.1%
=
Net Income
245.4m
/
Revenue
266.4m

Net Margin Across Competitors

Mainstreet Equity Corp
Glance View

Market Cap
1.8B CAD
Industry
Real Estate

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
228.17 CAD
Undervaluation 16%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
92.1%
=
Net Income
245.4m
/
Revenue
266.4m
What is the Net Margin of Mainstreet Equity Corp?

Based on Mainstreet Equity Corp's most recent financial statements, the company has Net Margin of 92.1%.

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