FIRSTSERVICE CORP (FSV) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:FSV • CA33767E2024

165.1 USD
+10.55 (+6.83%)
At close: Feb 4, 2026
165.2 USD
+0.1 (+0.06%)
Pre-Market: 2/5/2026, 4:56:06 AM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to FSV. FSV was compared to 62 industry peers in the Real Estate Management & Development industry. While FSV has a great profitability rating, there are some minor concerns on its financial health. FSV has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • FSV had positive earnings in the past year.
  • In the past year FSV had a positive cash flow from operations.
  • FSV had positive earnings in 4 of the past 5 years.
  • 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

  • With an excellent Return On Assets value of 3.16%, FSV belongs to the best of the industry, outperforming 82.26% of the companies in the same industry.
  • FSV's Return On Equity of 10.34% is amongst the best of the industry. FSV outperforms 87.10% of its industry peers.
  • With an excellent Return On Invested Capital value of 7.35%, FSV belongs to the best of the industry, outperforming 90.32% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for FSV is in line with the industry average of 5.44%.
  • The 3 year average ROIC (7.12%) for FSV is below the current ROIC(7.35%), indicating increased profibility in the last year.
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

  • FSV's Profit Margin of 2.53% is fine compared to the rest of the industry. FSV outperforms 64.52% of its industry peers.
  • In the last couple of years the Profit Margin of FSV has declined.
  • The Operating Margin of FSV (6.43%) is better than 66.13% 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 has a better Gross Margin (33.41%) than 62.90% of its industry peers.
  • 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

  • FSV has an Altman-Z score of 3.27. This indicates that FSV is financially healthy and has little risk of bankruptcy at the moment.
  • FSV has a Altman-Z score of 3.27. This is in the better half of the industry: FSV outperforms 69.35% 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 has a Debt to FCF ratio of 4.18. This is in the better half of the industry: FSV outperforms 72.58% 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 40.32% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.89
Debt/FCF 4.18
Altman-Z 3.27
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 has a Current ratio (1.76) which is comparable to the rest of the industry.
  • 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.
  • The Quick ratio of FSV (1.44) is comparable to the rest of the industry.
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.
  • FSV shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.86% yearly.
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

  • 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 4.88% yearly.
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

  • A Price/Earnings ratio of 28.66 indicates a quite expensive valuation of FSV.
  • Based on the Price/Earnings ratio, FSV is valued a bit cheaper than the industry average as 72.58% 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 28.25, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 26.42, which means the current valuation is very expensive for FSV.
  • Based on the Price/Forward Earnings ratio, FSV is valued a bit cheaper than 75.81% of the companies in the same industry.
  • FSV is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 27.50, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 28.66
Fwd PE 26.42
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

  • FSV's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FSV is cheaper than 77.42% 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 75.81% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 26.15
EV/EBITDA 15.9
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.
  • The decent profitability rating of FSV 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

5

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.68%, FSV is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.86, FSV pays a better dividend. On top of this FSV pays more dividend than 82.26% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, FSV's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.68%

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.
  • 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

  • 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 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 (2/4/2026, 8:23:13 PM)

Premarket: 165.2 +0.1 (+0.06%)

165.1

+10.55 (+6.83%)

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-2.1%
Ins Owners9.34%
Ins Owner ChangeN/A
Market Cap7.55B
Revenue(TTM)N/A
Net Income(TTM)138.54M
Analysts81.67
Price Target154.09 (-6.67%)
Short Float %1.1%
Short Ratio2.21
Dividend
Industry RankSector Rank
Dividend Yield 0.68%
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)-0.41%
PT rev (3m)-2.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.92%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.71%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.85%
Valuation
Industry RankSector Rank
PE 28.66
Fwd PE 26.42
P/S 1.38
P/FCF 26.15
P/OCF 18.09
P/B 5.63
P/tB N/A
EV/EBITDA 15.9
EPS(TTM)5.76
EY3.49%
EPS(NY)6.25
Fwd EY3.79%
FCF(TTM)6.31
FCFY3.82%
OCF(TTM)9.13
OCFY5.53%
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 3.27
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 6 / 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 28.66 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 5 / 10 and the dividend payout ratio is 34.35%.