Added to YB: 2025-12-05
Pitch date: 2025-12-04
MEQ.TO [neutral]
Mainstreet Equity Corp.
-2.69%
current return
Author Info
Picolinie Capital mostly focuses on above-average growing businesses with strong returns on invested capital. Sign up for the newsletter.
Company Info
Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada.
Market Cap
CAD 1.7B
Pitch Price
CAD 188.61
Price Target
N/A
Dividend
0.09%
EV/EBITDA
20.85
P/E
6.76
EV/Sales
12.22
Sector
Real Estate Management and Development
Category
growth
Quality Compounders - 5 Stocks I'm Watching Closely: Mainstreet Equity Corp.
MEQ.TO (watchlist): Canadian residential REIT acquiring/renovating undervalued apartments w/ 67% operating margins, 15%+ FFO CAGR, 50% insider ownership. Structural tailwinds from immigration + housing shortage in fragmented market. Fair valuation offers DD returns via FFO growth. Buy zone $160-180.
Read full article (1 min)