Mainstreet Equity Corp
TSX:MEQ

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Mainstreet Equity Corp
TSX:MEQ
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Price: 208.55 CAD -0.69%
Market Cap: 1.9B CAD
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Mainstreet Equity Corp
Total Receivables

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Mainstreet Equity Corp
Total Receivables Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Receivables CAGR 3Y CAGR 5Y CAGR 10Y
Mainstreet Equity Corp
TSX:MEQ
Total Receivables
CA$5.8m
CAGR 3-Years
69%
CAGR 5-Years
25%
CAGR 10-Years
17%
Tricon Residential Inc
TSX:TCN
Total Receivables
$28m
CAGR 3-Years
2%
CAGR 5-Years
9%
CAGR 10-Years
25%
M
Madison Pacific Properties Inc
TSX:MPC
Total Receivables
CA$1.8m
CAGR 3-Years
-24%
CAGR 5-Years
-12%
CAGR 10-Years
-4%
Morguard Corp
TSX:MRC
Total Receivables
CA$56.1m
CAGR 3-Years
-15%
CAGR 5-Years
-6%
CAGR 10-Years
1%
S
Skyline Investments Inc
TASE:SKLN
Total Receivables
â‚Ş177.6m
CAGR 3-Years
45%
CAGR 5-Years
0%
CAGR 10-Years
20%
H
Halmont Properties Corp
XTSX:HMT
Total Receivables
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Mainstreet Equity Corp
Glance View

Market Cap
1.9B CAD
Industry
Real Estate

Mainstreet Equity Corp. navigates the competitive terrain of the Canadian real estate market with a strategic focus on mid-market, multi-family rental properties. Founded with a vision to revitalize undervalued assets, Mainstreet has carved out a niche by acquiring low-cost apartment buildings, primarily located in Western Canada’s urban centers. Through its diligent approach to property acquisition and renovation, the company transforms these often-overlooked buildings into attractive rental options. This strategy not only helps in meeting the demand for affordable housing but also enhances the value of the properties, providing a steady income stream through rental fees. The company’s business model hinges on a buy-fix-hold strategy, which allows it to capitalize on significant value appreciation over time. By investing in comprehensive renovations aimed at improving energy efficiency, enhancing aesthetics, and upgrading amenities, Mainstreet increases occupancy rates and rental income. This approach, combined with operational efficiencies and stringent cost controls, helps Mainstreet maintain its profitability. The consistent cash flow from rent and appreciation in property value over time has allowed Mainstreet to reinvest in further acquisitions, creating a cycle of growth that fuels its expansion and fortifies its position in the multi-family residential market.

MEQ Intrinsic Value
232.28 CAD
Undervaluation 10%
Intrinsic Value
Price

See Also

What is Mainstreet Equity Corp's Total Receivables?
Total Receivables
5.8m CAD

Based on the financial report for Sep 30, 2024, Mainstreet Equity Corp's Total Receivables amounts to 5.8m CAD.

What is Mainstreet Equity Corp's Total Receivables growth rate?
Total Receivables CAGR 10Y
17%

Over the last year, the Total Receivables growth was 251%. The average annual Total Receivables growth rates for Mainstreet Equity Corp have been 69% over the past three years , 25% over the past five years , and 17% over the past ten years .

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