Mainstreet Equity Corp.

Mainstreet Equity Corp.verified

MEQ.TO

Price:

$193.45

Market Cap:

$1.80B

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.[Read more]

Industry

Real Estate - Services

IPO Date

2000-06-01

Stock Exchange

TSX

Ticker

MEQ.TO

The ROE as of September 2024 (TTM) for Mainstreet Equity Corp. (MEQ.TO) is 9.10%

According to Mainstreet Equity Corp.’s latest financial reports and current stock price. The company's current ROE is 9.10%. This represents a change of 296.70% compared to the average of 2.29% of the last 4 quarters.

Mainstreet Equity Corp. (MEQ.TO) Historical ROE (quarterly & annually)

How has MEQ.TO ROE performed in the past?

The mean historical ROE of Mainstreet Equity Corp. over the last ten years is 10.24%. The current 9.10% ROE has changed -11.20% with respect to the historical average. Over the past ten years (40 quarters), MEQ.TO's ROE was at its highest in in the June 2021 quarter at 17.19%. The ROE was at its lowest in in the March 2016 quarter at -4.67%.

Quarterly (TTM)
Annual

Average

10.24%

Median

9.83%

Minimum

2.92%

Maximum

20.65%

Mainstreet Equity Corp. (MEQ.TO) ROE by Quarter and Year

Discovering the peaks and valleys of Mainstreet Equity Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 359.96%

Maximum Annual ROE = 20.65%

Minimum Annual Increase = -72.00%

Minimum Annual ROE = 2.92%

Quarterly (TTM)
Annual
YearROEChange
20238.29%-16.69%
20229.96%-51.78%
202120.65%161.17%
20207.91%7.81%
20197.33%-24.42%
20189.70%-27.77%
201713.43%359.96%
20162.92%-72.00%
201510.43%-11.79%
201411.82%-7.25%

Mainstreet Equity Corp. (MEQ.TO) Average ROE

How has MEQ.TO ROE performed in the past?

The current ROE of Mainstreet Equity Corp. (MEQ.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

12.97%

5-year avg

10.83%

10-year avg

10.24%

Mainstreet Equity Corp. (MEQ.TO) ROE vs. Peers

How is MEQ.TO’s ROE compared to its peers?

Mainstreet Equity Corp.’s ROE is less than Morguard Corporation (5.09%), less than Melcor Developments Ltd. (6.17%), less than Boardwalk Real Estate Investment Trust (15.43%), less than Genesis Land Development Corp. (10.76%), less than FirstService Corporation (7.70%),

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Frequently asked questions❓

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