OTCMMEQYF
Market cap1.33bUSD
Dec 18, Last price
145.00USD
Name
Mainstreet Equity Corp
Chart & Performance
Profile
Mainstreet Equity Corp. engages in the acquisition, divestiture, value-enhancement, and management of multi-family residential properties in Western Canada. The company owns a portfolio of multi-family residential properties in Vancouver and the Lower Mainland, Calgary and Southern Alberta, Edmonton, Saskatoon, and Regina. As of September 30, 2021, it had a total portfolio of 15,071 revenue producing units consisting of townhouses, garden-style apartments, and concrete mid-rise and high-rise apartments, condo suites and 2 freestanding commercial houses. The company was founded in 1997 and is headquartered in Calgary, Canada.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑09 | 2023‑09 | 2022‑09 | 2021‑09 | 2020‑09 | 2019‑09 | 2018‑09 | 2017‑09 | 2016‑09 | 2015‑09 | |
Income | ||||||||||
Revenues | 249,796 18.93% | 210,028 16.31% | 180,573 12.91% | |||||||
Cost of revenue | 107,534 | 95,951 | 85,845 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 142,262 | 114,077 | 94,728 | |||||||
NOPBT Margin | 56.95% | 54.32% | 52.46% | |||||||
Operating Taxes | 37,922 | 28,457 | 22,630 | |||||||
Tax Rate | 26.66% | 24.95% | 23.89% | |||||||
NOPAT | 104,340 | 85,620 | 72,098 | |||||||
Net income | 199,877 82.68% | 109,413 -9.23% | 120,536 -46.56% | |||||||
Dividends | (768) | |||||||||
Dividend yield | 0.04% | |||||||||
Proceeds from repurchase of equity | (919) | (2,095) | ||||||||
BB yield | 0.07% | 0.21% | ||||||||
Debt | ||||||||||
Debt current | 155,534 | 147,030 | 112,381 | |||||||
Long-term debt | 1,494,131 | 1,418,783 | 1,321,072 | |||||||
Deferred revenue | 1,581 | |||||||||
Other long-term liabilities | (1,581) | |||||||||
Net debt | 1,600,839 | 1,484,051 | 4,282,385 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 91,456 | 70,758 | 52,683 | |||||||
CAPEX | (300) | (768) | ||||||||
Cash from investing activities | (172,189) | (158,587) | (102,233) | |||||||
Cash from financing activities | 47,797 | 125,031 | 74,886 | |||||||
FCF | 106,036 | 87,189 | 81,676 | |||||||
Balance | ||||||||||
Cash | 48,826 | 81,762 | 44,560 | |||||||
Long term investments | (2,893,492) | |||||||||
Excess cash | 36,336 | 71,261 | ||||||||
Stockholders' equity | 1,518,353 | 1,319,244 | 4,990,801 | |||||||
Invested Capital | 3,131,682 | 2,813,796 | 2,644,203 | |||||||
ROIC | 3.51% | 3.14% | 2.83% | |||||||
ROCE | 4.11% | 3.62% | 3.29% | |||||||
EV | ||||||||||
Common stock shares outstanding | 9,319 | 9,320 | 9,342 | |||||||
Price | 191.10 43.68% | 133.00 25.47% | 106.00 1.68% | |||||||
Market cap | 1,780,826 43.66% | 1,239,619 25.19% | 990,218 1.64% | |||||||
EV | 3,381,665 | 2,723,670 | 7,841,904 | |||||||
EBITDA | 143,179 | 115,072 | 95,647 | |||||||
EV/EBITDA | 23.62 | 23.67 | 81.99 | |||||||
Interest | 49,694 | 40,954 | 36,566 | |||||||
Interest/NOPBT | 34.93% | 35.90% | 38.60% |