155.26 USD
-0.18 (-0.12%)
Last: Jan 30, 2026, 08:00 PM
We assign a fundamental rating of 6 out of 10 to FSV. FSV was compared to 62 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 is not valued too expensively and it also shows 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.
- FSV had positive earnings in each of the past 5 years.
- In the past 5 years FSV always reported a positive cash flow from operatings.
1.2 Ratios
- FSV has a Return On Assets of 3.16%. This is amongst the best in the industry. FSV outperforms 82.26% of its industry peers.
- With an excellent Return On Equity value of 10.34%, FSV belongs to the best of the industry, outperforming 87.10% of the companies in the same industry.
- FSV has a better Return On Invested Capital (7.35%) than 90.32% of its industry peers.
- 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 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 has a Profit Margin of 2.53%. This is in the better half of the industry: FSV outperforms 64.52% of its industry peers.
- In the last couple of years the Profit Margin of FSV has declined.
- With a decent Operating Margin value of 6.43%, FSV is doing good in the industry, outperforming 66.13% of the companies in the same industry.
- FSV's Operating Margin has been stable in the last couple of years.
- With a decent Gross Margin value of 33.41%, FSV is doing good in the industry, outperforming 62.90% of the companies in the same industry.
- 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
- 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.
- FSV has more shares outstanding than it did 5 years ago.
- FSV has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.18 indicates that FSV is not in any danger for bankruptcy at the moment.
- FSV's Altman-Z score of 3.18 is fine compared to the rest of the industry. FSV outperforms 67.74% 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 better Debt to FCF ratio (4.18) than 72.58% of its industry peers.
- A Debt/Equity ratio of 0.89 indicates that FSV is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.89, FSV is in line with its industry, outperforming 40.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 4.18 | ||
| Altman-Z | 3.18 |
ROIC/WACC0.98
WACC7.51%
2.3 Liquidity
- A Current Ratio of 1.76 indicates that FSV should not have too much problems paying its short term obligations.
- With a Current ratio value of 1.76, FSV perfoms like the industry average, outperforming 56.45% of the companies in the same industry.
- A Quick Ratio of 1.44 indicates that FSV should not have too much problems paying its short term obligations.
- FSV has a Quick ratio (1.44) which is in line with 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.
- 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 9.04% on average per year.
- 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.
- 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
- With a Price/Earnings ratio of 27.10, 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 74.19% of the companies are valued more expensively.
- FSV's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.32.
- Based on the Price/Forward Earnings ratio of 24.84, the valuation of FSV can be described as rather expensive.
- FSV's Price/Forward Earnings ratio is rather cheap when compared to the industry. FSV is cheaper than 80.65% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of FSV to the average of the S&P500 Index (25.57), we can say FSV is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.1 | ||
| Fwd PE | 24.84 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FSV indicates a somewhat cheap valuation: FSV is cheaper than 77.42% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, FSV is valued a bit cheaper than the industry average as 77.42% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.59 | ||
| EV/EBITDA | 15.06 |
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)1.75
PEG (5Y)2.52
EPS Next 2Y11.8%
EPS Next 3Y11.34%
5. Dividend
5.1 Amount
- FSV has a yearly dividend return of 0.68%, which is pretty low.
- FSV's Dividend Yield is rather good when compared to the industry average which is at 0.86. FSV pays more dividend than 82.26% of the companies in the same industry.
- With a Dividend Yield of 0.68, FSV pays less dividend than the S&P500 average, which is at 1.83.
| Industry Rank | Sector 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 paid a dividend for at least 10 years, which is a reliable track record.
- The dividend of FSV decreased recently.
Dividend Growth(5Y)11.41%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- FSV pays out 34.35% of its income as dividend. This is a sustainable payout ratio.
- FSV's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP34.35%
EPS Next 2Y11.8%
EPS Next 3Y11.34%
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 27.1 and the Price/Book (PB) ratio is 5.3.
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%.