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XTSEMEQ
Market cap1.33bUSD
Dec 24, Last price  
205.29CAD
1D
-1.23%
1Q
7.85%
Jan 2017
519.84%
Name

Mainstreet Equity Corp

Chart & Performance

D1W1MN
XTSE:MEQ chart
P/E
9.57
P/S
7.66
EPS
21.45
Div Yield, %
0.04%
Shrs. gr., 5y
-0.23%
Rev. gr., 5y
12.66%
Revenues
250m
+18.93%
24,624,00030,905,00040,385,00047,165,00051,029,00053,539,00064,384,00066,825,00078,190,00090,446,000100,392,000100,288,000104,660,000115,665,000137,613,000149,770,000159,925,000180,573,000210,028,000249,796,000
Net income
200m
+82.68%
-3,469,000-3,114,000-6,105,000-4,280,000-3,026,000-3,863,000-3,048,00056,051,00063,276,00066,575,00064,708,00017,171,00090,935,00072,723,00058,685,00068,550,000225,534,000120,536,000109,413,000199,877,000
CFO
91m
+29.25%
425,000569,0007,326,0001,708,0004,838,00010,462,0009,246,00017,362,00024,219,00025,853,00033,542,00025,656,00033,299,00032,562,00040,473,00035,453,00035,609,00052,683,00070,758,00091,456,000
Dividend
Jul 17, 20240.0275 CAD/sh
Earnings
Feb 04, 2025

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.
IPO date
May 29, 1998
Employees
487
Domiciled in
CA
Incorporated in
CA

Valuation

Title
CAD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑092023‑092022‑092021‑092020‑092019‑092018‑092017‑092016‑092015‑09
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%