Mainstreet Equity Corp.MEQ.TO

$168.20-1.05 (-0.62%)
TSXReal Estate24:00 UTC

Company snapshot

Market Cap
$2B
Small-cap
+318%
2016 — today
10-Year Price
+355%
2016 — today
52-Week Range
$162.26$203.36
Current $168.20· 14%

Mainstreet Equity Corp. focuses on the acquisition, disposition, value enhancement, and active management of multi-family residential properties across Western Canada. The company boasts a significant property portfolio in key regions including Vancouver and the Lower Mainland, Calgary and Southern Alberta, Edmonton, Saskatoon, and Regina. As of September 30, 2021, its total holdings comprised 15,071 revenue-generating units, a diverse collection featuring townhouses, garden apartments, concrete mid and high-rise apartment buildings, condominium suites, and two independent commercial houses. The firm was established in 1997 and operates from its headquarters in Calgary, Canada.

Valuation in context

P/E ratio
8.3
Around average
Around the 10-year average
P/B ratio
0.8
Below average
Below the 10-year average
EV / EBITDA
12.6
Near historic low
Near historic low — last 10 years
Dividend Yield
0.1%
Near historic high
Near historic highs — last 10 years
PEG ratio
0.3
Around average
Around the 10-year average
FCF Yield
6.5%
Above average
Above the 10-year average
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