Mainstreet Equity logo

MEQ - Mainstreet Equity Share Price

C$73.14 -0.9  -1.2%

Last Trade - 7:08pm

Sector
Financials
Size
Mid Cap
Market Cap £406.4m
Enterprise Value £1.06bn
Revenue £86.9m
Position in Universe 289th / 2679
Bullish
Bearish
Unlock MEQ Revenue
Momentum
Relative Strength (%)
1m -0.34%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -23.1%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Sep 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
90.4 100.4 100.3 104.7 115.7 137.6 150.6 161.2 +8.8%
+6.7 -2.3 -71.3 +468 -19.4 -18.4 -47.9 +20.2
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the nine months ended 30 June 2020, Mainstreet Equity Corp. revenues increased 10% to C$111.4M. Net income decreased 32% to C$20.1M. Revenues reflect Funds from Operations - Per Share - Bas increase of 19% to C$1.01, Funds from Operations - Per Share - Dil increase of 25% to C$1.01. Net income was offset by Alberta segment income decrease of 27% to C$24.3M, British Columbia segment income decrease of 29% to C$12.7M.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

MEQ Revenue Unlock MEQ Revenue

Net Income

MEQ Net Income Unlock MEQ Revenue

Normalised EPS

MEQ Normalised EPS Unlock MEQ Revenue

PE Ratio Range

MEQ PE Ratio Range Unlock MEQ Revenue

Dividend Yield Range

MEQ Dividend Yield Range Unlock MEQ Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
()
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
MEQ EPS Forecasts Unlock MEQ Revenue
Profile Summary

Mainstreet Equity Corp. is a Canada-based real estate company, which is focused on the acquisition, redevelopment, repositioning and management of mid-market rental apartment buildings. The Company is engaged in multi-family residential housing. The Company operates in four Canadian markets: Vancouver/Lower Mainland, Calgary (including the City of Lethbridge and the Town of Cochrane), Edmonton (including the City of Fort Saskatchewan) and Saskatoon. The Company has approximately 10 properties in Surrey, British Columbia; over 10 properties in Abbotsford, British Columbia; approximately 120 properties in Edmonton, Alberta; over 30 properties in Calgary and Southern Alberta, Alberta, and approximately 50 in Saskatoon, Saskatchewan. The Company has approximately 9,900 units of investment properties. Its properties include 14831 & 14811 - 104 Ave/14840-105 Ave North, Surrey, British Columbia; 115 Avenue V N, Saskatoon, Saskatchewan, and 11343-124 Street, Edmonton, Alberta.

Directors
Last Annual September 30th, 2019
Last Interim June 30th, 2020
Public Since May 29, 1998
No. of Shareholders: n/a
No. of Employees: 384
Sector Financials
Industry Real Estate Operations
Index
Exchange Toronto Stock Exchange
Shares in Issue 9,349,830
Free Float (0.0%)
Eligible for
ISAs
SIPPs
MEQ Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for MEQ
Upcoming Events for MEQ
Monday 7th December, 2020 Estimate
Q4 2020 Mainstreet Equity Corp Earnings Release
Tuesday 9th February, 2021 Estimate
Q1 2021 Mainstreet Equity Corp Earnings Release
Frequently Asked Questions for Mainstreet Equity
What is the Mainstreet Equity share price?

As of 7:08pm, shares in Mainstreet Equity are trading at C$73.14, giving the company a market capitalisation of £406.4m. This share price information is delayed by 15 minutes.

How has the Mainstreet Equity share price performed this year?

Shares in Mainstreet Equity are currently trading at C$73.14 and the price has moved by 15.69% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Mainstreet Equity price has moved by 22.81% over the past year.

What are the analyst and broker recommendations for Mainstreet Equity?

Of the analysts with advisory recommendations for Mainstreet Equity, there are there are currently 0 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Mainstreet Equity is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Mainstreet Equity next release its financial results?

Mainstreet Equity is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Mainstreet Equity dividend yield?

Mainstreet Equity does not currently pay a dividend.

Does Mainstreet Equity pay a dividend?

Mainstreet Equity does not currently pay a dividend.

When does Mainstreet Equity next pay dividends?

Mainstreet Equity does not currently pay a dividend.

How do I buy Mainstreet Equity shares?

To buy shares in Mainstreet Equity you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Mainstreet Equity?

Shares in Mainstreet Equity are currently trading at C$73.14, giving the company a market capitalisation of £406.4m.

Where are Mainstreet Equity shares listed? Where are Mainstreet Equity shares listed?

Here are the trading details for Mainstreet Equity:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: MEQ
What kind of share is Mainstreet Equity?

Based on an overall assessment of its quality, value and momentum, Mainstreet Equity is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Mainstreet Equity share price forecast 2020?

Shares in Mainstreet Equity are currently priced at C$73.14. At that level they are trading at 22.57% discount to the analyst consensus target price of 0.00.

Analysts covering Mainstreet Equity currently have a consensus Earnings Per Share (EPS) forecast of 3.26 for the next financial year.

How can I tell whether the Mainstreet Equity share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Mainstreet Equity. Over the past six months, the relative strength of its shares against the market has been 35.63%. At the current price of C$73.14, shares in Mainstreet Equity are trading at 6.01% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Mainstreet Equity PE Ratio?

The Mainstreet Equity PE ratio based on its reported earnings over the past 12 months is 14.85. The shares are currently trading at C$73.14.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Mainstreet Equity?

Mainstreet Equity's management team is headed by:

Joseph Amantea - TRS
Navjeet Dhillon - PRE
Johnny Lam - COO
Richard Grimaldi - IND
Karanveer Dhillon - DRC
John Irwin - IND
Ron Anderson - IND
trina Cui - CFO
Sheena Keslick - VOP
Who are the major shareholders of Mainstreet Equity?

Here are the top five shareholders of Mainstreet Equity based on the size of their shareholding:

Dhillon (Navjeet N) Individual Investor
Percentage owned: 46.17% (4.32m shares)
Mawer Investment Management Ltd. Investment Advisor
Percentage owned: 10.04% (939k shares)
Mawer New Canada Fund Mutual Fund
Percentage owned: 7.11% (665k shares)
EdgePoint Investment Group Inc. Investment Advisor
Percentage owned: 5.3% (495k shares)
EdgePoint Canadian Portfolio Mutual Fund
Percentage owned: 3.67% (343k shares)
Similar to MEQ
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.