FIRSTSERVICE CORP (FSV) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:FSV • CA33767E2024

164.88 USD
+0.59 (+0.36%)
Last: Feb 10, 2026, 10:43 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to FSV. FSV was compared to 63 industry peers in the Real Estate Management & Development industry. While FSV belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FSV has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year FSV was profitable.
  • FSV had a positive operating cash flow in the past year.
  • Of the past 5 years FSV 4 years were profitable.
  • Of the past 5 years FSV 4 years had a positive operating cash flow.
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 0 100M -100M 200M -200M 300M

1.2 Ratios

  • FSV has a better Return On Assets (3.16%) than 80.95% of its industry peers.
  • FSV's Return On Equity of 10.34% is amongst the best of the industry. FSV outperforms 87.30% of its industry peers.
  • FSV's Return On Invested Capital of 7.35% is amongst the best of the industry. FSV outperforms 88.89% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for FSV is in line with the industry average of 5.41%.
  • The last Return On Invested Capital (7.35%) for FSV is above the 3 year average (7.12%), which is a sign of increasing profitability.
Industry RankSector 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%
FSV Yearly ROA, ROE, ROICFSV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

1.3 Margins

  • The Profit Margin of FSV (2.53%) is better than 63.49% of its industry peers.
  • In the last couple of years the Profit Margin of FSV has declined.
  • Looking at the Operating Margin, with a value of 6.43%, FSV is in the better half of the industry, outperforming 66.67% 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.
  • Looking at the Gross Margin, with a value of 33.41%, FSV is in the better half of the industry, outperforming 63.49% of the companies in the same industry.
  • FSV's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
FSV Yearly Profit, Operating, Gross MarginsFSV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

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.
  • FSV has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
FSV Yearly Shares OutstandingFSV Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 1B 2B 3B 4B

2.2 Solvency

  • An Altman-Z score of 3.26 indicates that FSV is not in any danger for bankruptcy at the moment.
  • With a decent Altman-Z score value of 3.26, FSV is doing good in the industry, outperforming 69.84% of the companies in the same industry.
  • 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 fine compared to the rest of the industry. FSV outperforms 73.02% 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.
  • Looking at the Debt to Equity ratio, with a value of 0.89, FSV is doing worse than 60.32% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.89
Debt/FCF 4.18
Altman-Z 3.26
ROIC/WACC0.98
WACC7.53%
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 200M 400M 600M 800M 1B

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 in line compared to the rest of the industry. FSV outperforms 53.97% 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 46.03% of its industry peers.
Industry RankSector Rank
Current Ratio 1.76
Quick Ratio 1.44
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 500M 1B 1.5B

More info and screens

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

3

3. Growth

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.
  • The Earnings Per Share has been growing by 10.86% on average over the past years. This is quite good.
EPS 1Y (TTM)15.2%
EPS 3Y10.75%
EPS 5Y10.86%
EPS Q2Q%2.24%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.32%

3.2 Future

  • FSV is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.06% yearly.
  • The Revenue is expected to grow by 4.88% on average over the next years.
EPS Next Y8.5%
EPS Next 2Y9.46%
EPS Next 3Y7.06%
EPS Next 5YN/A
Revenue Next Year6.89%
Revenue Next 2Y6.41%
Revenue Next 3Y4.88%
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.
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. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 28.63, FSV can be considered very expensive at the moment.
  • Based on the Price/Earnings ratio, FSV is valued a bit cheaper than the industry average as 74.60% of the companies are valued more expensively.
  • When comparing the Price/Earnings ratio of FSV to the average of the S&P500 Index (28.06), we can say FSV is valued inline with the index average.
  • The Price/Forward Earnings ratio is 26.38, which means the current valuation is very expensive for FSV.
  • Based on the Price/Forward Earnings ratio, FSV is valued a bit cheaper than 77.78% of the companies in the same industry.
  • FSV's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.86.
Industry RankSector Rank
PE 28.63
Fwd PE 26.38
FSV Price Earnings VS Forward Price EarningsFSV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, FSV is valued a bit cheaper than the industry average as 76.19% of the companies are valued more expensively.
  • 76.19% of the companies in the same industry are more expensive than FSV, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 26.11
EV/EBITDA 15.83
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 an expensive valuation of the company.
  • FSV has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.37
PEG (5Y)2.64
EPS Next 2Y9.46%
EPS Next 3Y7.06%

More info and screens

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

4

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.65%, FSV is not a good candidate for dividend investing.
  • FSV's Dividend Yield is a higher than the industry average which is at 0.83.
  • Compared to an average S&P500 Dividend Yield of 1.80, FSV's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.65%

5.2 History

  • The dividend of FSV is nicely growing with an annual growth rate of 11.41%!
  • FSV has been paying a dividend for at least 10 years, so it has a reliable track record.
  • The dividend of FSV decreased recently.
Dividend Growth(5Y)11.41%
Div Incr Years1
Div Non Decr Years1
FSV Yearly Dividends per shareFSV Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

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 2Y9.46%
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 0 100M -100M 200M -200M
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

FIRSTSERVICE CORP

NASDAQ:FSV (2/10/2026, 10:43:00 AM)

164.88

+0.59 (+0.36%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)02-04
Earnings (Next)04-22
Inst Owners78.28%
Inst Owner Change-2.56%
Ins Owners9.34%
Ins Owner ChangeN/A
Market Cap7.54B
Revenue(TTM)N/A
Net Income(TTM)138.54M
Analysts81.67
Price Target154.09 (-6.54%)
Short Float %1.1%
Short Ratio2.21
Dividend
Industry RankSector Rank
Dividend Yield 0.65%
Yearly Dividend0.97
Dividend Growth(5Y)11.41%
DP34.35%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)0.09%
PT rev (3m)-1.95%
EPS NQ rev (1m)-1.57%
EPS NQ rev (3m)-0.73%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.07%
Revenue NQ rev (1m)-0.22%
Revenue NQ rev (3m)-0.22%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.04%
Valuation
Industry RankSector Rank
PE 28.63
Fwd PE 26.38
P/S 1.38
P/FCF 26.11
P/OCF 18.07
P/B 5.63
P/tB N/A
EV/EBITDA 15.83
EPS(TTM)5.76
EY3.49%
EPS(NY)6.25
Fwd EY3.79%
FCF(TTM)6.31
FCFY3.83%
OCF(TTM)9.13
OCFY5.54%
SpS119.87
BVpS29.3
TBVpS-18.63
PEG (NY)3.37
PEG (5Y)2.64
Graham Number61.63
Profitability
Industry RankSector 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 RankSector 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 3.26
F-Score7
WACC7.53%
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)15.2%
EPS 3Y10.75%
EPS 5Y10.86%
EPS Q2Q%2.24%
EPS Next Y8.5%
EPS Next 2Y9.46%
EPS Next 3Y7.06%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.32%
Revenue Next Year6.89%
Revenue Next 2Y6.41%
Revenue Next 3Y4.88%
Revenue Next 5YN/A
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 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.


What is the profitability of FSV stock?

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


What are the PE and PB ratios of FIRSTSERVICE CORP (FSV) stock?

The Price/Earnings (PE) ratio for FIRSTSERVICE CORP (FSV) is 28.63 and the Price/Book (PB) ratio is 5.63.


How sustainable is the dividend of FIRSTSERVICE CORP (FSV) stock?

The dividend rating of FIRSTSERVICE CORP (FSV) is 4 / 10 and the dividend payout ratio is 34.35%.