MEQYF (Mainstreet Equity) Tax Rate %: 97.15% (As of Mar. 2026)

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MEQYF Mainstreet Equity Corp MEQYF
84 GF Score
Price $127.93
GF Value $145.93
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mainstreet Equity Tax Rate %?

Mainstreet Equity MEQYF 84 Tax Rate % is 97.15% as of Mar. 2026. GuruFocus rates MEQYF with a GF Score™ of 84/100 and a GF Value™ of $145.93 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mainstreet Equity's Tax Expense for the three months ended in Mar. 2026 was $3.3 Mil. Mainstreet Equity's Pre-Tax Income for the three months ended in Mar. 2026 was $3.4 Mil. Therefore, Mainstreet Equity's Tax Rate % for the quarter that ended in Mar. 2026 was 97.15%.

Mainstreet Equity Tax Rate % Related Terms

Mainstreet Equity Tax Rate % Historical Data

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The historical data trend for Mainstreet Equity's Tax Rate % 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.

Mainstreet Equity Tax Rate % Chart

Mainstreet Equity Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.89 15.81 20.64 15.95 15.85

Mainstreet Equity Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 15.60 18.54 15.75 15.98 97.15
MEQYF
84GF Score
Mainstreet Equity Corp MEQYF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mainstreet Equity Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Mainstreet Equity's Tax Rate % for the fiscal year that ended in Sep. 2025 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2025 )/Pre-Tax Income (A: Sep. 2025 )
=39.078/246.542
=15.85 %

Mainstreet Equity's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=3.303/3.4
=97.15 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 97.15% mean?
Mainstreet Equity (MEQYF) has a Tax Rate % of 97.15% as of Mar. 2026.
Is Mainstreet Equity's Tax Rate % too high?
Mainstreet Equity's current Tax Rate % is 97.15%. Overall, Mainstreet Equity has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mainstreet Equity's Tax Rate % compare to CBRE and BEKE?
Mainstreet Equity's Tax Rate % of 97.15% can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Real Estate company?
A good Tax Rate % depends on the Real Estate industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Mainstreet Equity's current Tax Rate % is 97.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mainstreet Equity stock overvalued right now?
Based on GuruFocus' analysis, Mainstreet Equity (MEQYF) is currently considered Modestly Undervalued. The stock's GF Value™ is $145.93, compared to a current price of $127.93 — trading 12.3% below its estimated fair value. The current Tax Rate % is 97.15%. Mainstreet Equity's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Mainstreet Equity (MEQYF), the current Tax Rate % is 97.15% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mainstreet Equity (MEQYF) Overvalued in 2026?

Based on GuruFocus' analysis, Mainstreet Equity stock appears to be undervalued. The current stock price of $127.93 is trading 12.3% below its estimated GF Value™ of $145.93. GuruFocus considers Mainstreet Equity to be Modestly Undervalued.

Key valuation signals for MEQYF:

  • Tax Rate %: 97.15%
  • GF Value™: $145.93 vs. price of $127.93 (12.3% below fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the MEQYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mainstreet Equity Business Description

Other Exchanges 9V4:GermanyMEQ:Canada
Address 10th Avenue SE, Suite 305, Calgary, AB, CAN, T2G 0W2
Mainstreet Equity Corp is a residential real estate company. It focused on acquiring and managing mid-market residential rental apartment buildings in markets. The company specializes in multi-family residential housing and operates within one business segment in three provinces located in Canada. Geographically, it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. The majority of revenue is derived from Alberta. The company generates maximum revenue from rental income.
84GF Score

Get the complete analysis for MEQYF

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$127.93
Price
$145.93
GF Value