FIRSTSERVICE CORP (FSV.CA) Stock Fundamental Analysis
Canada - TSX:FSV - CA33767E2024 - Common Stock
214.03 CAD
0.01 (0%)
Overall FSV gets a fundamental rating of 5 out of 10. We evaluated FSV against 33 industry peers in the Real Estate Management & Development industry. FSV has only an average score on both its financial health and profitability. FSV has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FSV had positive earnings in the past year.
FSV had a positive operating cash flow in the past year.
In the past 5 years FSV has always been profitable.
Each year in the past 5 years FSV had a positive operating cash flow.
1.2 Ratios
FSV's Return On Assets of 3.16% is fine compared to the rest of the industry. FSV outperforms 69.70% of its industry peers.
The Return On Equity of FSV (10.34%) is better than 81.82% of its industry peers.
FSV has a Return On Invested Capital of 7.35%. This is amongst the best in the industry. FSV outperforms 84.85% of its industry peers.
FSV had an Average Return On Invested Capital over the past 3 years of 7.12%. This is below the industry average of 10.80%.
The 3 year average ROIC (7.12%) for FSV is below the current ROIC(7.35%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.16% | ||
| ROE | 10.34% | ||
| ROIC | 7.35% |
ROA(3y)3.45%
ROA(5y)3.94%
ROE(3y)11.49%
ROE(5y)12.92%
ROIC(3y)7.12%
ROIC(5y)7.44%
1.3 Margins
FSV's Profit Margin of 2.53% is in line compared to the rest of the industry. FSV outperforms 51.52% of its industry peers.
In the last couple of years the Profit Margin of FSV has declined.
FSV has a Operating Margin of 6.43%. This is in the lower half of the industry: FSV underperforms 69.70% of its industry peers.
In the last couple of years the Operating Margin of FSV has remained more or less at the same level.
The Gross Margin of FSV (33.41%) is worse than 63.64% of its industry peers.
FSV's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.43% | ||
| PM (TTM) | 2.53% | ||
| GM | 33.41% |
OM growth 3Y-1.98%
OM growth 5Y0.22%
PM growth 3Y-14.78%
PM growth 5YN/A
GM growth 3Y0.75%
GM growth 5Y0.5%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FSV is destroying value.
The number of shares outstanding for FSV has been increased compared to 1 year ago.
FSV has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FSV has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.15 indicates that FSV is not in any danger for bankruptcy at the moment.
The Altman-Z score of FSV (3.15) is better than 75.76% of its industry peers.
FSV has a debt to FCF ratio of 4.18. This is a neutral value as FSV would need 4.18 years to pay back of all of its debts.
FSV's Debt to FCF ratio of 4.18 is amongst the best of the industry. FSV outperforms 87.88% of its industry peers.
FSV has a Debt/Equity ratio of 0.89. This is a neutral value indicating FSV is somewhat dependend on debt financing.
FSV has a Debt to Equity ratio of 0.89. This is comparable to the rest of the industry: FSV outperforms 42.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 4.18 | ||
| Altman-Z | 3.15 |
ROIC/WACC0.98
WACC7.49%
2.3 Liquidity
A Current Ratio of 1.76 indicates that FSV should not have too much problems paying its short term obligations.
FSV's Current ratio of 1.76 is fine compared to the rest of the industry. FSV outperforms 66.67% of its industry peers.
FSV has a Quick Ratio of 1.44. This is a normal value and indicates that FSV is financially healthy and should not expect problems in meeting its short term obligations.
FSV has a Quick ratio of 1.44. This is comparable to the rest of the industry: FSV outperforms 57.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.13% over the past year.
Measured over the past years, FSV shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.76% on average per year.
The Revenue has grown by 11.13% in the past year. This is quite good.
FSV shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.73% yearly.
EPS 1Y (TTM)20.13%
EPS 3Y2.97%
EPS 5Y10.76%
EPS Q2Q%7.98%
Revenue 1Y (TTM)11.13%
Revenue growth 3Y17.1%
Revenue growth 5Y16.73%
Sales Q2Q%3.69%
3.2 Future
Based on estimates for the next years, FSV will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.38% on average per year.
Based on estimates for the next years, FSV will show a small growth in Revenue. The Revenue will grow by 6.25% on average per year.
EPS Next Y15.57%
EPS Next 2Y11.74%
EPS Next 3Y11.38%
EPS Next 5YN/A
Revenue Next Year5.94%
Revenue Next 2Y6.4%
Revenue Next 3Y6.25%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 26.55, which means the current valuation is very expensive for FSV.
FSV's Price/Earnings is on the same level as the industry average.
FSV's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.07.
FSV is valuated rather expensively with a Price/Forward Earnings ratio of 24.37.
FSV's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FSV is cheaper than 75.76% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.08, FSV is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.55 | ||
| Fwd PE | 24.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FSV is valued a bit cheaper than the industry average as 75.76% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FSV indicates a somewhat cheap valuation: FSV is cheaper than 60.61% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.04 | ||
| EV/EBITDA | 14.77 |
4.3 Compensation for Growth
FSV's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
FSV has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.71
PEG (5Y)2.47
EPS Next 2Y11.74%
EPS Next 3Y11.38%
5. Dividend
5.1 Amount
FSV has a yearly dividend return of 0.66%, which is pretty low.
The stock price of FSV dropped by -22.59% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 3.40, FSV has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, FSV's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.66% |
5.2 History
On average, the dividend of FSV grows each year by 11.41%, which is quite nice.
FSV has been paying a dividend for at least 10 years, so it has a reliable track record.
As FSV did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)11.41%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
34.35% of the earnings are spent on dividend by FSV. This is a low number and sustainable payout ratio.
FSV's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP34.35%
EPS Next 2Y11.74%
EPS Next 3Y11.38%
TSX:FSV (11/20/2025, 7:00:00 PM)
214.03
0.01 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners76.48%
Inst Owner ChangeN/A
Ins Owners9.37%
Ins Owner ChangeN/A
Market Cap9.76B
Revenue(TTM)5.48B
Net Income(TTM)138.54M
Analysts81.67
Price Target218.9 (2.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.66% |
Yearly Dividend1.37
Dividend Growth(5Y)11.41%
DP34.35%
Div Incr Years9
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.41%
Min EPS beat(2)-0.07%
Max EPS beat(2)14.88%
EPS beat(4)2
Avg EPS beat(4)5.46%
Min EPS beat(4)-3.07%
Max EPS beat(4)14.88%
EPS beat(8)4
Avg EPS beat(8)3.31%
EPS beat(12)7
Avg EPS beat(12)3.22%
EPS beat(16)9
Avg EPS beat(16)3.1%
Revenue beat(2)1
Avg Revenue beat(2)-1.14%
Min Revenue beat(2)-2.32%
Max Revenue beat(2)0.05%
Revenue beat(4)2
Avg Revenue beat(4)-0.8%
Min Revenue beat(4)-2.81%
Max Revenue beat(4)1.89%
Revenue beat(8)5
Avg Revenue beat(8)0.54%
Revenue beat(12)9
Avg Revenue beat(12)1.5%
Revenue beat(16)13
Avg Revenue beat(16)1.64%
PT rev (1m)-3.38%
PT rev (3m)-3.16%
EPS NQ rev (1m)-11.21%
EPS NQ rev (3m)-10.91%
EPS NY rev (1m)-2.7%
EPS NY rev (3m)1%
Revenue NQ rev (1m)-4.33%
Revenue NQ rev (3m)-4.33%
Revenue NY rev (1m)-1.88%
Revenue NY rev (3m)-1.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.55 | ||
| Fwd PE | 24.37 | ||
| P/S | 1.27 | ||
| P/FCF | 24.04 | ||
| P/OCF | 16.63 | ||
| P/B | 5.18 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.77 |
EPS(TTM)8.06
EY3.77%
EPS(NY)8.78
Fwd EY4.1%
FCF(TTM)8.9
FCFY4.16%
OCF(TTM)12.87
OCFY6.01%
SpS169.01
BVpS41.31
TBVpS-26.27
PEG (NY)1.71
PEG (5Y)2.47
Graham Number86.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.16% | ||
| ROE | 10.34% | ||
| ROCE | 10.13% | ||
| ROIC | 7.35% | ||
| ROICexc | 7.85% | ||
| ROICexgc | 23.97% | ||
| OM | 6.43% | ||
| PM (TTM) | 2.53% | ||
| GM | 33.41% | ||
| FCFM | 5.27% |
ROA(3y)3.45%
ROA(5y)3.94%
ROE(3y)11.49%
ROE(5y)12.92%
ROIC(3y)7.12%
ROIC(5y)7.44%
ROICexc(3y)7.62%
ROICexc(5y)8.09%
ROICexgc(3y)22.51%
ROICexgc(5y)26.24%
ROCE(3y)9.82%
ROCE(5y)10.25%
ROICexgc growth 3Y-9.1%
ROICexgc growth 5Y0.26%
ROICexc growth 3Y-5.76%
ROICexc growth 5Y0.74%
OM growth 3Y-1.98%
OM growth 5Y0.22%
PM growth 3Y-14.78%
PM growth 5YN/A
GM growth 3Y0.75%
GM growth 5Y0.5%
F-Score7
Asset Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 4.18 | ||
| Debt/EBITDA | 2.22 | ||
| Cap/Depr | 69.74% | ||
| Cap/Sales | 2.35% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.75% | ||
| Profit Quality | 208.34% | ||
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 3.15 |
F-Score7
WACC7.49%
ROIC/WACC0.98
Cap/Depr(3y)70.4%
Cap/Depr(5y)62.01%
Cap/Sales(3y)2.12%
Cap/Sales(5y)1.92%
Profit Quality(3y)112.97%
Profit Quality(5y)141.74%
High Growth Momentum
Growth
EPS 1Y (TTM)20.13%
EPS 3Y2.97%
EPS 5Y10.76%
EPS Q2Q%7.98%
EPS Next Y15.57%
EPS Next 2Y11.74%
EPS Next 3Y11.38%
EPS Next 5YN/A
Revenue 1Y (TTM)11.13%
Revenue growth 3Y17.1%
Revenue growth 5Y16.73%
Sales Q2Q%3.69%
Revenue Next Year5.94%
Revenue Next 2Y6.4%
Revenue Next 3Y6.25%
Revenue Next 5YN/A
EBIT growth 1Y16.15%
EBIT growth 3Y14.78%
EBIT growth 5Y16.98%
EBIT Next Year75.96%
EBIT Next 3Y25.91%
EBIT Next 5YN/A
FCF growth 1Y115.24%
FCF growth 3Y16.6%
FCF growth 5Y23.08%
OCF growth 1Y86.29%
OCF growth 3Y19.53%
OCF growth 5Y21.52%
FIRSTSERVICE CORP / FSV.CA FAQ
Can you provide the ChartMill fundamental rating for FIRSTSERVICE CORP?
ChartMill assigns a fundamental rating of 5 / 10 to FSV.CA.
What is the valuation status for FSV stock?
ChartMill assigns a valuation rating of 4 / 10 to FIRSTSERVICE CORP (FSV.CA). This can be considered as Fairly Valued.
What is the profitability of FSV stock?
FIRSTSERVICE CORP (FSV.CA) has a profitability rating of 6 / 10.
Can you provide the financial health for FSV stock?
The financial health rating of FIRSTSERVICE CORP (FSV.CA) is 5 / 10.
Can you provide the expected EPS growth for FSV stock?
The Earnings per Share (EPS) of FIRSTSERVICE CORP (FSV.CA) is expected to grow by 15.57% in the next year.