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Mainstreet Equity (TSX:MEQ) FCF Yield % : 5.07 (As of May. 27, 2024)


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What is Mainstreet Equity FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Mainstreet Equity's Trailing 12-Month Free Cash Flow is C$79.7 Mil, and Market Cap is C$1,573.1 Mil. Therefore, Mainstreet Equity's FCF Yield % for today is 5.07%.

The historical rank and industry rank for Mainstreet Equity's FCF Yield % or its related term are showing as below:

TSX:MEQ' s FCF Yield % Range Over the Past 10 Years
Min: 2.8   Med: 6.08   Max: 11.46
Current: 5.07


During the past 13 years, the highest FCF Yield % of Mainstreet Equity was 11.46%. The lowest was 2.80%. And the median was 6.08%.

TSX:MEQ's FCF Yield % is ranked better than
58.7% of 1828 companies
in the Real Estate industry
Industry Median: 2.225 vs TSX:MEQ: 5.07

Mainstreet Equity's FCF Margin % for the quarter that ended in Mar. 2024 was 33.40%.


Mainstreet Equity FCF Yield % Historical Data

The historical data trend for Mainstreet Equity's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mainstreet Equity FCF Yield % Chart

Mainstreet Equity Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.33 5.08 3.56 5.25 5.66

Mainstreet Equity Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.84 4.87 8.24 5.49 4.66

Competitive Comparison of Mainstreet Equity's FCF Yield %

For the Real Estate Services subindustry, Mainstreet Equity's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mainstreet Equity's FCF Yield % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mainstreet Equity's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Mainstreet Equity's FCF Yield % falls into.



Mainstreet Equity FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Mainstreet Equity's FCF Yield % for the fiscal year that ended in Sep. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=70.171 / 1239.40306
=5.66%

Mainstreet Equity's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=20.408 * 4 / 1751.0994662
=4.66%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mainstreet Equity FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Mainstreet Equity FCF Yield % Related Terms

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Mainstreet Equity (TSX:MEQ) Business Description

Traded in Other Exchanges
Address
10th Avenue SE, Suite 305, Calgary, AB, CAN, T2G 0W2
Mainstreet Equity Corp is a residential real estate company. It is focused on the acquisition, redevelopment, repositioning, and management of mid-market rental apartment buildings. The business specializes in multi-family residential housing operating in a single segment. Geographically it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. The company generates revenue from rental income and others.
Executives
Richard Grimaldi Director

Mainstreet Equity (TSX:MEQ) Headlines

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