FIRSTSERVICE CORP (FSV) Fundamental Analysis & Valuation

NASDAQ:FSV • CA33767E2024

Current stock price

145.9 USD
+0.16 (+0.11%)
At close:
145.9 USD
0 (0%)
After Hours:

This FSV fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. FSV Profitability Analysis

1.1 Basic Checks

  • In the past year FSV was profitable.
  • FSV had a positive operating cash flow in the past year.
  • In the past 5 years FSV has always been profitable.
  • In the past 5 years FSV always reported a positive cash flow from operatings.
FSV Yearly Net Income VS EBIT VS OCF VS FCFFSV Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M

1.2 Ratios

  • FSV's Return On Assets of 3.39% is amongst the best of the industry. FSV outperforms 83.87% of its industry peers.
  • With an excellent Return On Equity value of 10.54%, FSV belongs to the best of the industry, outperforming 90.32% of the companies in the same industry.
  • FSV has a better Return On Invested Capital (7.43%) than 87.10% of its industry peers.
  • FSV had an Average Return On Invested Capital over the past 3 years of 7.05%. This is in line with the industry average of 5.74%.
  • The last Return On Invested Capital (7.43%) for FSV is above the 3 year average (7.05%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.39%
ROE 10.54%
ROIC 7.43%
ROA(3y)3.12%
ROA(5y)3.82%
ROE(3y)10.55%
ROE(5y)12.38%
ROIC(3y)7.05%
ROIC(5y)7.37%
FSV Yearly ROA, ROE, ROICFSV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40

1.3 Margins

  • With a Profit Margin value of 2.64%, FSV perfoms like the industry average, outperforming 59.68% of the companies in the same industry.
  • FSV's Profit Margin has declined in the last couple of years.
  • Looking at the Operating Margin, with a value of 6.37%, FSV is in the better half of the industry, outperforming 66.13% of the companies in the same industry.
  • In the last couple of years the Operating Margin of FSV has remained more or less at the same level.
  • FSV has a better Gross Margin (33.58%) than 62.90% 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 RankSector Rank
OM 6.37%
PM (TTM) 2.64%
GM 33.58%
OM growth 3Y2.2%
OM growth 5Y0.33%
PM growth 3Y-6.54%
PM growth 5Y-3.48%
GM growth 3Y2.15%
GM growth 5Y0.67%
FSV Yearly Profit, Operating, Gross MarginsFSV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 30

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. FSV Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FSV is destroying value.
  • The number of shares outstanding for FSV has been increased compared to 1 year ago.
  • The number of shares outstanding for FSV has been increased compared to 5 years ago.
  • The debt/assets ratio for FSV has been reduced compared to a year ago.
FSV Yearly Shares OutstandingFSV Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
FSV Yearly Total Debt VS Total AssetsFSV Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.2 Solvency

  • FSV has an Altman-Z score of 3.19. This indicates that FSV is financially healthy and has little risk of bankruptcy at the moment.
  • FSV's Altman-Z score of 3.19 is fine compared to the rest of the industry. FSV outperforms 72.58% of its industry peers.
  • The Debt to FCF ratio of FSV is 3.40, which is a good value as it means it would take FSV, 3.40 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.40, FSV is in the better half of the industry, outperforming 79.03% of the companies in the same industry.
  • FSV has a Debt/Equity ratio of 0.78. This is a neutral value indicating FSV is somewhat dependend on debt financing.
  • FSV has a Debt to Equity ratio of 0.78. This is comparable to the rest of the industry: FSV outperforms 41.94% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.78
Debt/FCF 3.4
Altman-Z 3.19
ROIC/WACC0.98
WACC7.6%
FSV Yearly LT Debt VS Equity VS FCFFSV Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

2.3 Liquidity

  • FSV has a Current Ratio of 1.70. 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 Current ratio (1.70) which is comparable to the rest of the industry.
  • FSV has a Quick Ratio of 1.39. This is a normal value and indicates that FSV is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Quick ratio value of 1.39, FSV perfoms like the industry average, outperforming 45.16% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.7
Quick Ratio 1.39
FSV Yearly Current Assets VS Current LiabilitesFSV Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. FSV Growth Analysis

3.1 Past

  • FSV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.20%, which is quite good.
  • Measured over the past years, FSV shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.86% on average per year.
  • Looking at the last year, FSV shows a small growth in Revenue. The Revenue has grown by 5.38% in the last year.
  • Measured over the past years, FSV shows a quite strong growth in Revenue. The Revenue has been growing by 14.67% on average per year.
EPS 1Y (TTM)15.2%
EPS 3Y10.75%
EPS 5Y10.86%
EPS Q2Q%2.24%
Revenue 1Y (TTM)5.38%
Revenue growth 3Y13.64%
Revenue growth 5Y14.67%
Sales Q2Q%1.32%

3.2 Future

  • Based on estimates for the next years, FSV will show a small growth in Earnings Per Share. The EPS will grow by 7.06% on average per year.
  • FSV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.89% yearly.
EPS Next Y7.76%
EPS Next 2Y9.47%
EPS Next 3Y7.06%
EPS Next 5YN/A
Revenue Next Year6.82%
Revenue Next 2Y6.79%
Revenue Next 3Y4.89%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less 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.
FSV Yearly Revenue VS EstimatesFSV Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
FSV Yearly EPS VS EstimatesFSV Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6

More info and screens

Find the best growth stocksShow best growing peers

4

4. FSV Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 25.33, which means the current valuation is very expensive for FSV.
  • Based on the Price/Earnings ratio, FSV is valued a bit cheaper than the industry average as 64.52% of the companies are valued more expensively.
  • FSV is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.78, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 23.51 indicates a rather expensive valuation of FSV.
  • 75.81% of the companies in the same industry are more expensive than FSV, based on the Price/Forward Earnings ratio.
  • FSV is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.54, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 25.33
Fwd PE 23.51
FSV Price Earnings VS Forward Price EarningsFSV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, FSV is valued cheaper than 80.65% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of FSV indicates a somewhat cheap valuation: FSV is cheaper than 72.58% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 20.96
EV/EBITDA 14.18
FSV Per share dataFSV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FSV does not grow enough to justify the current Price/Earnings ratio.
  • FSV has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.26
PEG (5Y)2.33
EPS Next 2Y9.47%
EPS Next 3Y7.06%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. FSV Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.71%, FSV is not a good candidate for dividend investing.
  • FSV's Dividend Yield is rather good when compared to the industry average which is at 0.87. FSV pays more dividend than 80.65% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.83, FSV's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.71%

5.2 History

  • On average, the dividend of FSV grows each year by 10.78%, which is quite nice.
  • FSV has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)10.78%
Div Incr Years0
Div Non Decr Years0
FSV Yearly Dividends per shareFSV Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • FSV pays out 33.70% 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.
DP33.7%
EPS Next 2Y9.47%
EPS Next 3Y7.06%
FSV Yearly Income VS Free CF VS DividendFSV Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M -200M 300M
FSV Dividend Payout.FSV Dividend Payout, showing the Payout Ratio.FSV Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

FSV Fundamentals: All Metrics, Ratios and Statistics

FIRSTSERVICE CORP

NASDAQ:FSV (4/10/2026, 8:26:14 PM)

After market: 145.9 0 (0%)

145.9

+0.16 (+0.11%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)02-04
Earnings (Next)04-29
Inst Owners79.41%
Inst Owner Change0%
Ins Owners9.5%
Ins Owner ChangeN/A
Market Cap6.71B
Revenue(TTM)5.50B
Net Income(TTM)145.05M
Analysts81.67
Price Target153.22 (5.02%)
Short Float %1.13%
Short Ratio2.08
Dividend
Industry RankSector Rank
Dividend Yield 0.71%
Yearly Dividend1.07
Dividend Growth(5Y)10.78%
DP33.7%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-31
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.01%
Min EPS beat(2)-0.07%
Max EPS beat(2)2.08%
EPS beat(4)3
Avg EPS beat(4)6.74%
Min EPS beat(4)-0.07%
Max EPS beat(4)14.88%
EPS beat(8)5
Avg EPS beat(8)3.95%
EPS beat(12)7
Avg EPS beat(12)3.21%
EPS beat(16)9
Avg EPS beat(16)2.21%
Revenue beat(2)0
Avg Revenue beat(2)-1.36%
Min Revenue beat(2)-2.32%
Max Revenue beat(2)-0.4%
Revenue beat(4)1
Avg Revenue beat(4)-1.37%
Min Revenue beat(4)-2.81%
Max Revenue beat(4)0.05%
Revenue beat(8)5
Avg Revenue beat(8)0.57%
Revenue beat(12)8
Avg Revenue beat(12)1.16%
Revenue beat(16)12
Avg Revenue beat(16)1.58%
PT rev (1m)0%
PT rev (3m)0.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.06%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.68%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.1%
Valuation
Industry RankSector Rank
PE 25.33
Fwd PE 23.51
P/S 1.21
P/FCF 20.96
P/OCF 14.96
P/B 4.85
P/tB N/A
EV/EBITDA 14.18
EPS(TTM)5.76
EY3.95%
EPS(NY)6.21
Fwd EY4.25%
FCF(TTM)6.96
FCFY4.77%
OCF(TTM)9.75
OCFY6.69%
SpS120.24
BVpS30.1
TBVpS-17.72
PEG (NY)3.26
PEG (5Y)2.33
Graham Number62.45
Profitability
Industry RankSector Rank
ROA 3.39%
ROE 10.54%
ROCE 10.3%
ROIC 7.43%
ROICexc 7.79%
ROICexgc 23.83%
OM 6.37%
PM (TTM) 2.64%
GM 33.58%
FCFM 5.79%
ROA(3y)3.12%
ROA(5y)3.82%
ROE(3y)10.55%
ROE(5y)12.38%
ROIC(3y)7.05%
ROIC(5y)7.37%
ROICexc(3y)7.49%
ROICexc(5y)7.9%
ROICexgc(3y)23.13%
ROICexgc(5y)24.38%
ROCE(3y)9.76%
ROCE(5y)10.21%
ROICexgc growth 3Y3.31%
ROICexgc growth 5Y-6.01%
ROICexc growth 3Y-1.16%
ROICexc growth 5Y-1.83%
OM growth 3Y2.2%
OM growth 5Y0.33%
PM growth 3Y-6.54%
PM growth 5Y-3.48%
GM growth 3Y2.15%
GM growth 5Y0.67%
F-Score7
Asset Turnover1.28
Health
Industry RankSector Rank
Debt/Equity 0.78
Debt/FCF 3.4
Debt/EBITDA 2
Cap/Depr 68.95%
Cap/Sales 2.32%
Interest Coverage 4.78
Cash Conversion 83.29%
Profit Quality 219.4%
Current Ratio 1.7
Quick Ratio 1.39
Altman-Z 3.19
F-Score7
WACC7.6%
ROIC/WACC0.98
Cap/Depr(3y)69.9%
Cap/Depr(5y)67.79%
Cap/Sales(3y)2.21%
Cap/Sales(5y)2.1%
Profit Quality(3y)178.32%
Profit Quality(5y)127.79%
High Growth Momentum
Growth
EPS 1Y (TTM)15.2%
EPS 3Y10.75%
EPS 5Y10.86%
EPS Q2Q%2.24%
EPS Next Y7.76%
EPS Next 2Y9.47%
EPS Next 3Y7.06%
EPS Next 5YN/A
Revenue 1Y (TTM)5.38%
Revenue growth 3Y13.64%
Revenue growth 5Y14.67%
Sales Q2Q%1.32%
Revenue Next Year6.82%
Revenue Next 2Y6.79%
Revenue Next 3Y4.89%
Revenue Next 5YN/A
EBIT growth 1Y8.38%
EBIT growth 3Y16.14%
EBIT growth 5Y15.05%
EBIT Next Year79.99%
EBIT Next 3Y26.13%
EBIT Next 5YN/A
FCF growth 1Y84.08%
FCF growth 3Y124.08%
FCF growth 5Y4.74%
OCF growth 1Y56.1%
OCF growth 3Y61.49%
OCF growth 5Y8.85%

FIRSTSERVICE CORP / FSV Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for FIRSTSERVICE CORP?

ChartMill assigns a fundamental rating of 5 / 10 to FSV.


Can you provide the valuation status for FIRSTSERVICE CORP?

ChartMill assigns a valuation rating of 4 / 10 to FIRSTSERVICE CORP (FSV). This can be considered as Fairly Valued.


How profitable is FIRSTSERVICE CORP (FSV) stock?

FIRSTSERVICE CORP (FSV) has a profitability rating of 7 / 10.


Can you provide the financial health for FSV stock?

The financial health rating of FIRSTSERVICE CORP (FSV) is 5 / 10.


Is the dividend of FIRSTSERVICE CORP sustainable?

The dividend rating of FIRSTSERVICE CORP (FSV) is 5 / 10 and the dividend payout ratio is 33.7%.