Mainstreet Equity Corp
TSX:MEQ

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Mainstreet Equity Corp
TSX:MEQ
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Price: 210 CAD 1.39% Market Closed
Market Cap: 2B CAD
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Mainstreet Equity Corp
Cash from Operating Activities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Mainstreet Equity Corp
Cash from Operating Activities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash from Operating Activities CAGR 3Y CAGR 5Y CAGR 10Y
Mainstreet Equity Corp
TSX:MEQ
Cash from Operating Activities
CA$91.5m
CAGR 3-Years
37%
CAGR 5-Years
18%
CAGR 10-Years
11%
Tricon Residential Inc
TSX:TCN
Cash from Operating Activities
$138m
CAGR 3-Years
-1%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
M
Madison Pacific Properties Inc
TSX:MPC
Cash from Operating Activities
-CA$20.3m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Morguard Corp
TSX:MRC
Cash from Operating Activities
CA$256.2m
CAGR 3-Years
3%
CAGR 5-Years
-2%
CAGR 10-Years
7%
S
Skyline Investments Inc
TASE:SKLN
Cash from Operating Activities
-â‚Ş32.9m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-17%
H
Halmont Properties Corp
XTSX:HMT
Cash from Operating Activities
CA$2.7m
CAGR 3-Years
34%
CAGR 5-Years
17%
CAGR 10-Years
N/A
No Stocks Found

Mainstreet Equity Corp
Glance View

Market Cap
2B 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 Cash from Operating Activities?
Cash from Operating Activities
91.5m CAD

Based on the financial report for Sep 30, 2024, Mainstreet Equity Corp's Cash from Operating Activities amounts to 91.5m CAD.

What is Mainstreet Equity Corp's Cash from Operating Activities growth rate?
Cash from Operating Activities CAGR 10Y
11%

Over the last year, the Cash from Operating Activities growth was 29%. The average annual Cash from Operating Activities growth rates for Mainstreet Equity Corp have been 37% over the past three years , 18% over the past five years , and 11% over the past ten years .

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