FIRSTSERVICE CORP (FSV.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FSV - CA33767E2024 - Common Stock
213.2 CAD
-1.02 (-0.48%)
FSV gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 31 industry peers in the Real Estate Management & Development industry. FSV has only an average score on both its financial health and profitability. FSV is valied quite expensively at the moment, while it does show a decent 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.
Each year in the past 5 years FSV has been profitable.
FSV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FSV has a better Return On Assets (3.16%) than 70.97% of its industry peers.
The Return On Equity of FSV (10.34%) is better than 77.42% of its industry peers.
With an excellent Return On Invested Capital value of 7.35%, FSV belongs to the best of the industry, outperforming 83.87% of the companies in the same industry.
FSV had an Average Return On Invested Capital over the past 3 years of 7.12%. This is below the industry average of 10.64%.
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
With a Profit Margin value of 2.53%, FSV perfoms like the industry average, outperforming 51.61% of the companies in the same industry.
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 70.97% of its industry peers.
In the last couple of years the Operating Margin of FSV has remained more or less at the same level.
FSV's Gross Margin of 33.41% is on the low side compared to the rest of the industry. FSV is outperformed by 64.52% of its industry peers.
In the last couple of years the Gross Margin of FSV has remained more or less at the same level.
| 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
FSV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, FSV has more shares outstanding
The number of shares outstanding for FSV has been increased compared to 5 years ago.
Compared to 1 year ago, FSV has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.18 indicates that FSV is not in any danger for bankruptcy at the moment.
FSV has a better Altman-Z score (3.18) than 77.42% of its industry peers.
The Debt to FCF ratio of FSV is 4.18, which is a neutral value as it means it would take FSV, 4.18 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FSV (4.18) is better than 90.32% of its industry peers.
A Debt/Equity ratio of 0.89 indicates that FSV is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.89, FSV perfoms like the industry average, outperforming 45.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 4.18 | ||
| Altman-Z | 3.18 |
ROIC/WACC0.99
WACC7.44%
2.3 Liquidity
FSV has a Current Ratio of 1.76. This is a normal value and indicates that FSV is financially healthy and should not expect problems in meeting its short term obligations.
FSV's Current ratio of 1.76 is fine compared to the rest of the industry. FSV outperforms 61.29% of its industry peers.
A Quick Ratio of 1.44 indicates that FSV should not have too much problems paying its short term obligations.
FSV's Quick ratio of 1.44 is in line compared to the rest of the industry. FSV outperforms 54.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
FSV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.13%, which is quite impressive.
FSV shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.76% yearly.
The Revenue has grown by 11.13% in the past year. This is quite good.
The Revenue has been growing by 16.73% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to grow by 9.04% on average over the next years. This is quite good.
The Revenue is expected to grow by 5.15% on average over the next years.
EPS Next Y15.49%
EPS Next 2Y11.8%
EPS Next 3Y11.34%
EPS Next 5Y9.04%
Revenue Next Year5.98%
Revenue Next 2Y6.43%
Revenue Next 3Y6.27%
Revenue Next 5Y5.15%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FSV is valuated quite expensively with a Price/Earnings ratio of 27.16.
Compared to the rest of the industry, the Price/Earnings ratio of FSV is on the same level as its industry peers.
When comparing the Price/Earnings ratio of FSV to the average of the S&P500 Index (26.77), we can say FSV is valued inline with the index average.
With a Price/Forward Earnings ratio of 24.91, FSV is valued on the expensive side.
Based on the Price/Forward Earnings ratio, FSV is valued a bit cheaper than the industry average as 74.19% of the companies are valued more expensively.
FSV's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.16 | ||
| Fwd PE | 24.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FSV is valued a bit cheaper than 74.19% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FSV is valued a bit cheaper than the industry average as 61.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.65 | ||
| EV/EBITDA | 15.1 |
4.3 Compensation for Growth
FSV's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.75
PEG (5Y)2.52
EPS Next 2Y11.8%
EPS Next 3Y11.34%
5. Dividend
5.1 Amount
FSV has a yearly dividend return of 0.67%, which is pretty low.
FSV's Dividend Yield is comparable with the industry average which is at 2.44.
Compared to an average S&P500 Dividend Yield of 2.00, FSV's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.67% |
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.
FSV has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)11.41%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
FSV pays out 34.35% of its income as dividend. This is a sustainable payout ratio.
The dividend of FSV is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP34.35%
EPS Next 2Y11.8%
EPS Next 3Y11.34%
TSX:FSV (12/30/2025, 7:00:00 PM)
213.2
-1.02 (-0.48%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners78.36%
Inst Owner ChangeN/A
Ins Owners9.34%
Ins Owner ChangeN/A
Market Cap9.75B
Revenue(TTM)5.48B
Net Income(TTM)138.54M
Analysts81.67
Price Target212.73 (-0.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.67% |
Yearly Dividend1.33
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)0%
PT rev (3m)-6.1%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.37%
EPS NY rev (1m)-0.07%
EPS NY rev (3m)-2.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.33%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)-1.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.16 | ||
| Fwd PE | 24.91 | ||
| P/S | 1.3 | ||
| P/FCF | 24.65 | ||
| P/OCF | 17.06 | ||
| P/B | 5.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.1 |
EPS(TTM)7.85
EY3.68%
EPS(NY)8.56
Fwd EY4.02%
FCF(TTM)8.65
FCFY4.06%
OCF(TTM)12.5
OCFY5.86%
SpS164.2
BVpS40.14
TBVpS-25.52
PEG (NY)1.75
PEG (5Y)2.52
Graham Number84.2
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 | 3.18 |
F-Score7
WACC7.44%
ROIC/WACC0.99
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 Y15.49%
EPS Next 2Y11.8%
EPS Next 3Y11.34%
EPS Next 5Y9.04%
Revenue 1Y (TTM)11.13%
Revenue growth 3Y17.1%
Revenue growth 5Y16.73%
Sales Q2Q%3.69%
Revenue Next Year5.98%
Revenue Next 2Y6.43%
Revenue Next 3Y6.27%
Revenue Next 5Y5.15%
EBIT growth 1Y16.15%
EBIT growth 3Y14.78%
EBIT growth 5Y16.98%
EBIT Next Year70.95%
EBIT Next 3Y24.97%
EBIT Next 5Y19.41%
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 3 / 10 to FIRSTSERVICE CORP (FSV.CA). This can be considered as Overvalued.
What is the profitability of FSV stock?
FIRSTSERVICE CORP (FSV.CA) has a profitability rating of 5 / 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 15.49% in the next year.