MEQ.TO
Price:
$166.09
Market Cap:
$1.54B
Mainstreet Equity Corp. focuses on the acquisition, disposition, value enhancement, and active management of multi-family residential properties across Western Canada. The company boasts a significant property portfolio in key regions including Vancouver and the Lower Mainland, Calgary and Southern Alberta, Edmonton, Saskatoon, and Regina. As of September 30, 2021, its total holdings comprised 15,071 revenue-generating units, a diverse collection featuring townhouses, garden apartments, concrete mid and high-rise apartment buildings, condominium suites, and two independent commercial houses. The firm was established in 1997 and operates from its headquarters in Calgary, Canada.
Industry
Real Estate - Services
IPO Date
2000-06-01
Stock Exchange
TSX
Ticker
MEQ.TO
According to Mainstreet Equity Corp.’s latest financial reports and current stock price. The company's current ROE is 9.49%. This represents a change of 296.91% compared to the average of 2.39% of the last 4 quarters.
The mean historical ROE of Mainstreet Equity Corp. over the last ten years is 10.93%. The current 9.49% ROE has changed -13.16% 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 June 2017 quarter at -1.79%.
Average
10.93%
Median
9.83%
Minimum
2.92%
Maximum
20.65%
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%
| Year | ROE | Change |
|---|---|---|
| 2025 | 15.92% | 20.97% |
| 2024 | 13.16% | 58.73% |
| 2023 | 8.29% | -16.69% |
| 2022 | 9.96% | -51.78% |
| 2021 | 20.65% | 161.17% |
| 2020 | 7.91% | 7.81% |
| 2019 | 7.33% | -24.42% |
| 2018 | 9.70% | -27.77% |
| 2017 | 13.43% | 359.96% |
| 2016 | 2.92% | -72.00% |
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
12.46%
5-year avg
13.60%
10-year avg
10.93%
Mainstreet Equity Corp.’s ROE is greater than StorageVault Canada Inc. (-16.05%), less than Primaris Real Estate Investment Trust (5.23%), less than Morguard Corporation (4.61%), greater than Artis Real Estate Investment Trust (-3.09%), less than InterRent Real Estate Investment Trust (0.20%), less than Killam Apartment REIT (0.25%), greater than Allied Properties Real Estate Investment Trust (-47.27%), greater than Altus Group Limited (-5.13%), less than Parkit Enterprise Inc. (8.51%), less than Dream Unlimited Corp. (0.61%),
| Company | ROE | Market cap |
|---|---|---|
| -16.05% | $1.51B | |
| 5.23% | $2.44B | |
| 4.61% | $1.22B | |
| -3.09% | $846.42M | |
| 0.20% | $1.89B | |
| 0.25% | $2.09B | |
| -47.27% | $1.28B | |
| -5.13% | $1.62B | |
| 8.51% | $110.80M | |
| 0.61% | $699.54M |
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