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
Revenue

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
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
Mainstreet Equity Corp
TSX:MEQ
Revenue
CA$249.8m
CAGR 3-Years
16%
CAGR 5-Years
13%
CAGR 10-Years
11%
Tricon Residential Inc
TSX:TCN
Revenue
$849.8m
CAGR 3-Years
28%
CAGR 5-Years
95%
CAGR 10-Years
25%
M
Madison Pacific Properties Inc
TSX:MPC
Revenue
CA$44.5m
CAGR 3-Years
11%
CAGR 5-Years
7%
CAGR 10-Years
4%
Morguard Corp
TSX:MRC
Revenue
CA$1.1B
CAGR 3-Years
4%
CAGR 5-Years
-1%
CAGR 10-Years
7%
S
Skyline Investments Inc
TASE:SKLN
Revenue
â‚Ş314.5m
CAGR 3-Years
4%
CAGR 5-Years
-15%
CAGR 10-Years
2%
H
Halmont Properties Corp
XTSX:HMT
Revenue
CA$25.2m
CAGR 3-Years
35%
CAGR 5-Years
31%
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 Revenue?
Revenue
249.8m CAD

Based on the financial report for Sep 30, 2024, Mainstreet Equity Corp's Revenue amounts to 249.8m CAD.

What is Mainstreet Equity Corp's Revenue growth rate?
Revenue CAGR 10Y
11%

Over the last year, the Revenue growth was 19%. The average annual Revenue growth rates for Mainstreet Equity Corp have been 16% over the past three years , 13% over the past five years , and 11% over the past ten years .

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