Mainstreet Equity Corp
TSX:MEQ
Intrinsic Value
Mainstreet Equity Corp. is a real estate company, which engages in the acquisition, redevelopment, repositioning, and management of mid-market rental apartment buildings. [ Read More ]
The intrinsic value of one MEQ stock under the Base Case scenario is 173.47 CAD. Compared to the current market price of 187.91 CAD, Mainstreet Equity Corp is Overvalued by 8%.
Valuation Backtest
Mainstreet Equity Corp
Run backtest to discover the historical profit from buying and selling MEQ stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
Mainstreet Equity Corp
Current Assets | 169.2m |
Cash & Short-Term Investments | 142m |
Receivables | 2m |
Other Current Assets | 25.2m |
Non-Current Assets | 3.2B |
Long-Term Investments | 3.2B |
PP&E | 7m |
Intangibles | 673k |
Current Liabilities | 168.4m |
Accounts Payable | 12.7m |
Other Current Liabilities | 155.7m |
Non-Current Liabilities | 1.8B |
Long-Term Debt | 1.5B |
Other Non-Current Liabilities | 269m |
Earnings Waterfall
Mainstreet Equity Corp
Revenue
|
219.5m
CAD
|
Cost of Revenue
|
-81.3m
CAD
|
Gross Profit
|
138.3m
CAD
|
Operating Expenses
|
-19.2m
CAD
|
Operating Income
|
119.1m
CAD
|
Other Expenses
|
43.9m
CAD
|
Net Income
|
163m
CAD
|
Free Cash Flow Analysis
Mainstreet Equity Corp
What is Free Cash Flow?
MEQ Profitability Score
Profitability Due Diligence
Mainstreet Equity Corp's profitability score is 64/100. The higher the profitability score, the more profitable the company is.
Score
Mainstreet Equity Corp's profitability score is 64/100. The higher the profitability score, the more profitable the company is.
MEQ Solvency Score
Solvency Due Diligence
Mainstreet Equity Corp's solvency score is 41/100. The higher the solvency score, the more solvent the company is.
Score
Mainstreet Equity Corp's solvency score is 41/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
MEQ Price Targets Summary
Mainstreet Equity Corp
According to Wall Street analysts, the average 1-year price target for MEQ is 188.7 CAD with a low forecast of 186.85 CAD and a high forecast of 194.25 CAD.
Shareholder Return
MEQ Price
Mainstreet Equity Corp
Average Annual Return | 29.47% |
Standard Deviation of Annual Returns | 36.82% |
Max Drawdown | -55% |
Market Capitalization | 1.8B CAD |
Shares Outstanding | 9 319 200 |
Percentage of Shares Shorted | 3.19% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Mainstreet Equity Corp. is a real estate company, which engages in the acquisition, redevelopment, repositioning, and management of mid-market rental apartment buildings. The company is headquartered in Calgary, Alberta and currently employs 449 full-time employees. The firm owns and manages properties in Calgary, Edmonton, Vancouver/Lower Mainland BC, Saskatoon, Regina, Kamloops, and Lethbridge. The Company’s properties include Airdrie Apartments, Calgary Apartments, Cochrane Apartments, Edmonton Apartments, Fort Saskatchewan Apartments, Lethbridge Apartments, Abbotsford Apartments, Chilliwack Apartments, Courtenay Apartments, Kamloops Apartments, New Westminster Apartments, Penticton Apartments, Vernon Apartments, Manitoba, Winnipeg Apartments, Saskatchewan, Regina Apartments, and Saskatoon Apartments. The firm also provides student housing facilities, including MacEwan University, Mount Royal University, Simon Fraser University, University of Calgary, University of Fraser Valley, University of Lethbridge, University of Regina, and the University of Saskatchewan.
Contact
IPO
Employees
Officers
The intrinsic value of one MEQ stock under the Base Case scenario is 173.47 CAD.
Compared to the current market price of 187.91 CAD, Mainstreet Equity Corp is Overvalued by 8%.