Mainstreet Equity Corp. (MEQ) - Net Assets
Based on the latest financial reports, Mainstreet Equity Corp. (MEQ) has net assets worth CA$1.85 Billion CAD (≈ $1.34 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.02 Billion ≈ $2.91 Billion USD) and total liabilities (CA$2.17 Billion ≈ $1.57 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore MEQ total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.85 Billion |
| % of Total Assets | 45.95% |
| Annual Growth Rate | 28.98% |
| 5-Year Change | 64.99% |
| 10-Year Change | 206.52% |
| Growth Volatility | 39.82 |
Mainstreet Equity Corp. - Net Assets Trend (1998–2025)
This chart illustrates how Mainstreet Equity Corp.'s net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Mainstreet Equity Corp. market capitalisation.
Annual Net Assets for Mainstreet Equity Corp. (1998–2025)
The table below shows the annual net assets of Mainstreet Equity Corp. from 1998 to 2025. Explore cash flow conversion of Mainstreet Equity Corp. to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CA$1.80 Billion ≈ $1.30 Billion |
+18.70% |
| 2024-09-30 | CA$1.52 Billion ≈ $1.10 Billion |
+15.09% |
| 2023-09-30 | CA$1.32 Billion ≈ $954.32 Million |
+8.96% |
| 2022-09-30 | CA$1.21 Billion ≈ $875.84 Million |
+10.84% |
| 2021-09-30 | CA$1.09 Billion ≈ $790.16 Million |
+25.97% |
| 2020-09-30 | CA$867.09 Million ≈ $627.24 Million |
+8.34% |
| 2019-09-30 | CA$800.30 Million ≈ $578.93 Million |
+6.77% |
| 2018-09-30 | CA$749.56 Million ≈ $542.22 Million |
+10.72% |
| 2017-09-30 | CA$676.97 Million ≈ $489.71 Million |
+15.14% |
| 2016-09-30 | CA$587.98 Million ≈ $425.33 Million |
-5.23% |
| 2015-09-30 | CA$620.41 Million ≈ $448.79 Million |
+10.19% |
| 2014-09-30 | CA$563.05 Million ≈ $407.30 Million |
+13.43% |
| 2013-09-30 | CA$496.37 Million ≈ $359.07 Million |
+14.64% |
| 2012-09-30 | CA$432.98 Million ≈ $313.21 Million |
+3991.56% |
| 2011-09-30 | CA$-11.13 Million ≈ $-8.05 Million |
-30.54% |
| 2010-09-30 | CA$-8.52 Million ≈ $-6.17 Million |
-68.34% |
| 2009-09-30 | CA$-5.06 Million ≈ $-3.66 Million |
-123.23% |
| 2008-09-30 | CA$21.79 Million ≈ $15.76 Million |
+60.62% |
| 2007-09-30 | CA$13.57 Million ≈ $9.81 Million |
+116.24% |
| 2006-09-30 | CA$6.27 Million ≈ $4.54 Million |
-16.92% |
| 2005-09-30 | CA$7.55 Million ≈ $5.46 Million |
+23.84% |
| 2004-09-30 | CA$6.10 Million ≈ $4.41 Million |
-22.87% |
| 2003-09-30 | CA$7.91 Million ≈ $5.72 Million |
+49.17% |
| 2002-09-30 | CA$5.30 Million ≈ $3.83 Million |
+14.97% |
| 2001-09-30 | CA$4.61 Million ≈ $3.33 Million |
+24.66% |
| 2000-09-30 | CA$3.70 Million ≈ $2.68 Million |
+23.96% |
| 1999-09-30 | CA$2.98 Million ≈ $2.16 Million |
+59.64% |
| 1998-09-30 | CA$1.87 Million ≈ $1.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mainstreet Equity Corp.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 19161056.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$1.78 Billion | 98.54% |
| Common Stock | CA$26.39 Million | 1.46% |
| Total Equity | CA$1.80 Billion | 100.00% |
Mainstreet Equity Corp. Competitors by Market Cap
The table below lists competitors of Mainstreet Equity Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Power Solutions International, Inc. Common Stock
NASDAQ:PSIX
|
$1.21 Billion |
|
NANOBIOTIX S.A. SP.ADR
F:5NRA
|
$1.21 Billion |
|
Cultural Investment Holdings Co Ltd
SHG:600715
|
$1.21 Billion |
|
Puuilo Oyj
HE:PUUILO
|
$1.21 Billion |
|
CATARC Automotive Proving Ground Co.Ltd.
SHE:301215
|
$1.21 Billion |
|
HOB Biotech Group Corp Ltd
SHG:688656
|
$1.21 Billion |
|
Zhongnongfa Seed Industry Group Co Ltd
SHG:600313
|
$1.21 Billion |
|
Greenworks (Jiangsu) Co. Ltd. A
SHE:301260
|
$1.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mainstreet Equity Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,518,353,000 to 1,802,249,000, a change of 283,896,000 (18.7%).
- Net income of 287,006,000 contributed positively to equity growth.
- Dividend payments of 1,375,000 reduced retained earnings.
- Share repurchases of 1,735,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$287.01 Million | +15.92% |
| Dividends Paid | CA$1.38 Million | -0.08% |
| Share Repurchases | CA$1.74 Million | -0.1% |
| Total Change | CA$- | 18.70% |
Book Value vs Market Value Analysis
This analysis compares Mainstreet Equity Corp.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.93x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 892.38x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-09-30 | CA$0.20 | CA$179.93 | x |
| 2000-09-30 | CA$0.41 | CA$179.93 | x |
| 2001-09-30 | CA$0.48 | CA$179.93 | x |
| 2002-09-30 | CA$0.61 | CA$179.93 | x |
| 2003-09-30 | CA$0.86 | CA$179.93 | x |
| 2004-09-30 | CA$0.64 | CA$179.93 | x |
| 2005-09-30 | CA$0.82 | CA$179.93 | x |
| 2006-09-30 | CA$0.66 | CA$179.93 | x |
| 2007-09-30 | CA$1.24 | CA$179.93 | x |
| 2008-09-30 | CA$1.48 | CA$179.93 | x |
| 2009-09-30 | CA$-0.44 | CA$179.93 | x |
| 2010-09-30 | CA$-0.82 | CA$179.93 | x |
| 2011-09-30 | CA$-1.01 | CA$179.93 | x |
| 2012-09-30 | CA$39.02 | CA$179.93 | x |
| 2013-09-30 | CA$44.48 | CA$179.93 | x |
| 2014-09-30 | CA$50.37 | CA$179.93 | x |
| 2015-09-30 | CA$55.96 | CA$179.93 | x |
| 2016-09-30 | CA$57.32 | CA$179.93 | x |
| 2017-09-30 | CA$70.78 | CA$179.93 | x |
| 2018-09-30 | CA$78.50 | CA$179.93 | x |
| 2019-09-30 | CA$84.92 | CA$179.93 | x |
| 2020-09-30 | CA$92.56 | CA$179.93 | x |
| 2021-09-30 | CA$116.88 | CA$179.93 | x |
| 2022-09-30 | CA$129.61 | CA$179.93 | x |
| 2023-09-30 | CA$141.54 | CA$179.93 | x |
| 2024-09-30 | CA$162.93 | CA$179.93 | x |
| 2025-09-30 | CA$193.40 | CA$179.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mainstreet Equity Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 103.88%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 2.26x
- Recent ROE (15.92%) is above the historical average (1.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 0.50% | 0.52% | 0.14x | 6.68x | CA$-177.60K |
| 2000 | 19.36% | 9.25% | 0.11x | 18.57x | CA$346.20K |
| 2001 | 16.72% | 6.01% | 0.16x | 17.55x | CA$310.00K |
| 2002 | 13.02% | 4.54% | 0.13x | 21.63x | CA$160.00K |
| 2003 | 32.57% | 7.57% | 0.24x | 18.10x | CA$1.78 Million |
| 2004 | -29.65% | -9.02% | 0.14x | 23.92x | CA$-2.42 Million |
| 2005 | -45.93% | -14.09% | 0.11x | 28.45x | CA$-4.22 Million |
| 2006 | -49.63% | -10.08% | 0.12x | 40.45x | CA$-3.74 Million |
| 2007 | -45.00% | -15.12% | 0.13x | 22.59x | CA$-7.46 Million |
| 2008 | -19.64% | -9.07% | 0.14x | 15.49x | CA$-6.46 Million |
| 2009 | 0.00% | -5.93% | 0.13x | 0.00x | CA$-2.52 Million |
| 2010 | 0.00% | -7.22% | 0.13x | 0.00x | CA$-3.01 Million |
| 2011 | 0.00% | -4.73% | 0.13x | 0.00x | CA$-1.94 Million |
| 2012 | 11.54% | 74.79% | 0.06x | 2.46x | CA$6.68 Million |
| 2013 | 12.59% | 79.92% | 0.07x | 2.35x | CA$12.85 Million |
| 2014 | 11.82% | 73.61% | 0.07x | 2.26x | CA$10.27 Million |
| 2015 | 10.43% | 64.46% | 0.07x | 2.26x | CA$2.67 Million |
| 2016 | 2.92% | 17.12% | 0.07x | 2.51x | CA$-41.63 Million |
| 2017 | 13.43% | 86.89% | 0.06x | 2.46x | CA$23.24 Million |
| 2018 | 9.70% | 62.87% | 0.06x | 2.51x | CA$-2.23 Million |
| 2019 | 7.33% | 42.64% | 0.07x | 2.57x | CA$-21.35 Million |
| 2020 | 7.91% | 45.77% | 0.07x | 2.58x | CA$-18.16 Million |
| 2021 | 20.65% | 141.02% | 0.06x | 2.45x | CA$116.30 Million |
| 2022 | 9.96% | 66.75% | 0.06x | 2.39x | CA$-539.00K |
| 2023 | 8.29% | 52.09% | 0.07x | 2.40x | CA$-22.51 Million |
| 2024 | 13.16% | 80.02% | 0.07x | 2.30x | CA$48.04 Million |
| 2025 | 15.92% | 103.88% | 0.07x | 2.26x | CA$106.78 Million |
Industry Comparison
This section compares Mainstreet Equity Corp.'s net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $409,074,843
- Average return on equity (ROE) among peers: 3.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mainstreet Equity Corp. (MEQ) | CA$1.85 Billion | 0.50% | 1.18x | $1.21 Billion |
| Altus Group Limited (AIF) | $617.22 Million | 2.17% | 1.03x | $1.34 Billion |
| Bridgemarq Real Estate Services Inc (BRE) | $120.52 Million | 1.62% | 0.28x | $96.12 Million |
| Colliers International Group Inc Bats (CIGI) | $1.12 Billion | -21.17% | 2.45x | $5.08 Billion |
| FirstService Corp (FSV) | $1.14 Billion | 10.61% | 1.43x | $5.95 Billion |
| Gulf & Pacific Equities Corp (GUF) | $14.72 Million | 2.93% | 1.73x | $8.05 Million |
| Halmont Properties Corporation (HMT) | $43.07 Million | 3.44% | 0.68x | $60.72 Million |
| Imperial Equities Inc. (IEI) | $73.52 Million | 9.04% | 1.31x | $24.07 Million |
| Invesque Inc (IVQ) | $480.14 Million | -1.12% | 2.40x | $946.20 |
| Madison Pacific Properties Inc. (MPC) | $69.41 Million | 25.88% | 1.69x | $28.20 Million |
About Mainstreet Equity Corp.
Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada. The company owns a portfolio of multi-family residential properties. It invests in residential units consisting of townhouses, garden-style apartments, concrete mid-rise and high-rise apartments, and condo suites; and freestanding… Read more