FIERA CAPITAL CORP (FSZ.CA) Stock Fundamental Analysis
TSX:FSZ - Toronto Stock Exchange - CA31660A1030 - Common Stock - Currency: CAD
FSZ gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 82 industry peers in the Capital Markets industry. FSZ has a medium profitability rating, but doesn't score so well on its financial health evaluation. A decent growth rate in combination with a cheap valuation! Better keep an eye on FSZ. FSZ also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year FSZ was profitable.
In the past year FSZ had a positive cash flow from operations.
In multiple years FSZ reported negative net income over the last 5 years.
Each year in the past 5 years FSZ had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 5.33%, FSZ is doing good in the industry, outperforming 74.32% of the companies in the same industry.
FSZ's Return On Equity of 22.33% is amongst the best of the industry. FSZ outperforms 91.89% of its industry peers.
With an excellent Return On Invested Capital value of 10.38%, FSZ belongs to the best of the industry, outperforming 85.14% of the companies in the same industry.
FSZ had an Average Return On Invested Capital over the past 3 years of 7.97%. This is in line with the industry average of 9.06%.
The 3 year average ROIC (7.97%) for FSZ is below the current ROIC(10.38%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.33% | ||
| ROE | 22.33% | ||
| ROIC | 10.38% |
ROA(3y)3.81%
ROA(5y)2.09%
ROE(3y)14.42%
ROE(5y)8.01%
ROIC(3y)7.97%
ROIC(5y)7.14%
1.3 Margins
FSZ has a better Profit Margin (9.28%) than 68.92% of its industry peers.
FSZ has a Operating Margin (20.54%) which is in line with its industry peers.
In the last couple of years the Operating Margin of FSZ has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.54% | ||
| PM (TTM) | 9.28% | ||
| GM | N/A |
OM growth 3Y-3.5%
OM growth 5Y10.72%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FSZ has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, FSZ has more shares outstanding
The debt/assets ratio for FSZ is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.80, we must say that FSZ is in the distress zone and has some risk of bankruptcy.
FSZ's Altman-Z score of 0.80 is in line compared to the rest of the industry. FSZ outperforms 59.46% of its industry peers.
The Debt to FCF ratio of FSZ is 5.55, which is a neutral value as it means it would take FSZ, 5.55 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 5.55, FSZ is doing good in the industry, outperforming 71.62% of the companies in the same industry.
FSZ has a Debt/Equity ratio of 2.57. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.57, FSZ is not doing good in the industry: 62.16% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.57 | ||
| Debt/FCF | 5.55 | ||
| Altman-Z | 0.8 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.31 indicates that FSZ should not have too much problems paying its short term obligations.
FSZ has a Current ratio of 1.31. This is in the better half of the industry: FSZ outperforms 67.57% of its industry peers.
A Quick Ratio of 1.31 indicates that FSZ should not have too much problems paying its short term obligations.
The Quick ratio of FSZ (1.31) is better than 67.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.31 |
3. Growth
3.1 Past
FSZ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.37%, which is quite good.
Measured over the past years, FSZ shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.14% on average per year.
FSZ shows a small growth in Revenue. In the last year, the Revenue has grown by 6.75%.
The Revenue has been growing slightly by 4.57% on average over the past years.
EPS 1Y (TTM)12.37%
EPS 3Y-9.8%
EPS 5Y-1.14%
EPS Q2Q%38.89%
Revenue 1Y (TTM)6.75%
Revenue growth 3Y-0.68%
Revenue growth 5Y4.57%
Sales Q2Q%8.17%
3.2 Future
The Earnings Per Share is expected to grow by 4.24% on average over the next years.
Based on estimates for the next years, FSZ will show a small growth in Revenue. The Revenue will grow by 4.76% on average per year.
EPS Next Y8.76%
EPS Next 2Y3.73%
EPS Next 3Y4.24%
EPS Next 5YN/A
Revenue Next Year7.34%
Revenue Next 2Y5.01%
Revenue Next 3Y4.76%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.70, the valuation of FSZ can be described as very cheap.
FSZ's Price/Earnings is on the same level as the industry average.
FSZ's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.63.
A Price/Forward Earnings ratio of 6.65 indicates a rather cheap valuation of FSZ.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FSZ indicates a somewhat cheap valuation: FSZ is cheaper than 67.57% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of FSZ to the average of the S&P500 Index (22.68), we can say FSZ is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.7 | ||
| Fwd PE | 6.65 |
4.2 Price Multiples
FSZ's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FSZ is cheaper than 90.54% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FSZ indicates a rather cheap valuation: FSZ is cheaper than 93.24% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.73 | ||
| EV/EBITDA | 6.99 |
4.3 Compensation for Growth
FSZ's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of FSZ may justify a higher PE ratio.
PEG (NY)0.76
PEG (5Y)N/A
EPS Next 2Y3.73%
EPS Next 3Y4.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.66%, FSZ is a good candidate for dividend investing.
In the last 3 months the price of FSZ has falen by -25.74%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
FSZ's Dividend Yield is rather good when compared to the industry average which is at 3.17. FSZ pays more dividend than 98.65% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.27, FSZ pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.66% |
5.2 History
The dividend of FSZ has a limited annual growth rate of 1.79%.
FSZ has been paying a dividend for at least 10 years, so it has a reliable track record.
FSZ has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.79%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
FSZ pays out 141.21% of its income as dividend. This is not a sustainable payout ratio.
FSZ's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP141.21%
EPS Next 2Y3.73%
EPS Next 3Y4.24%
TSX:FSZ (2/21/2025, 7:00:00 PM)
7.3
-0.11 (-1.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners19.23%
Inst Owner ChangeN/A
Ins Owners1.95%
Ins Owner ChangeN/A
Market Cap645.68M
Analysts50
Price Target9.18 (25.75%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.66% |
Yearly Dividend0.86
Dividend Growth(5Y)1.79%
DP141.21%
Div Incr Years1
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.23%
Min EPS beat(2)8.44%
Max EPS beat(2)16.03%
EPS beat(4)4
Avg EPS beat(4)17.41%
Min EPS beat(4)8.44%
Max EPS beat(4)28.86%
EPS beat(8)4
Avg EPS beat(8)3.98%
EPS beat(12)7
Avg EPS beat(12)6.29%
EPS beat(16)11
Avg EPS beat(16)7.11%
Revenue beat(2)1
Avg Revenue beat(2)1.46%
Min Revenue beat(2)-1.84%
Max Revenue beat(2)4.76%
Revenue beat(4)2
Avg Revenue beat(4)0.8%
Min Revenue beat(4)-2.07%
Max Revenue beat(4)4.76%
Revenue beat(8)2
Avg Revenue beat(8)-1.44%
Revenue beat(12)3
Avg Revenue beat(12)-0.34%
Revenue beat(16)6
Avg Revenue beat(16)-0.27%
PT rev (1m)-11.11%
PT rev (3m)-11.84%
EPS NQ rev (1m)0.45%
EPS NQ rev (3m)0.45%
EPS NY rev (1m)0.15%
EPS NY rev (3m)5.1%
Revenue NQ rev (1m)-0.5%
Revenue NQ rev (3m)-0.5%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)1.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.7 | ||
| Fwd PE | 6.65 | ||
| P/S | 0.93 | ||
| P/FCF | 4.73 | ||
| P/OCF | 4.62 | ||
| P/B | 2.23 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.99 |
EPS(TTM)1.09
EY14.93%
EPS(NY)1.1
Fwd EY15.03%
FCF(TTM)1.54
FCFY21.12%
OCF(TTM)1.58
OCFY21.62%
SpS7.87
BVpS3.27
TBVpS-6.4
PEG (NY)0.76
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.33% | ||
| ROE | 22.33% | ||
| ROCE | 13.57% | ||
| ROIC | 10.38% | ||
| ROICexc | 10.79% | ||
| ROICexgc | 69.29% | ||
| OM | 20.54% | ||
| PM (TTM) | 9.28% | ||
| GM | N/A | ||
| FCFM | 19.59% |
ROA(3y)3.81%
ROA(5y)2.09%
ROE(3y)14.42%
ROE(5y)8.01%
ROIC(3y)7.97%
ROIC(5y)7.14%
ROICexc(3y)8.64%
ROICexc(5y)7.69%
ROICexgc(3y)73.59%
ROICexgc(5y)60.39%
ROCE(3y)10.42%
ROCE(5y)9.34%
ROICexcg growth 3Y21.34%
ROICexcg growth 5Y-0.85%
ROICexc growth 3Y2.78%
ROICexc growth 5Y20.72%
OM growth 3Y-3.5%
OM growth 5Y10.72%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.57 | ||
| Debt/FCF | 5.55 | ||
| Debt/EBITDA | 3.84 | ||
| Cap/Depr | 6.42% | ||
| Cap/Sales | 0.47% | ||
| Interest Coverage | 3.23 | ||
| Cash Conversion | 72.12% | ||
| Profit Quality | 211.11% | ||
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.31 | ||
| Altman-Z | 0.8 |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)12.53%
Cap/Depr(5y)18.36%
Cap/Sales(3y)1.11%
Cap/Sales(5y)1.97%
Profit Quality(3y)289.7%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.37%
EPS 3Y-9.8%
EPS 5Y-1.14%
EPS Q2Q%38.89%
EPS Next Y8.76%
EPS Next 2Y3.73%
EPS Next 3Y4.24%
EPS Next 5YN/A
Revenue 1Y (TTM)6.75%
Revenue growth 3Y-0.68%
Revenue growth 5Y4.57%
Sales Q2Q%8.17%
Revenue Next Year7.34%
Revenue Next 2Y5.01%
Revenue Next 3Y4.76%
Revenue Next 5YN/A
EBIT growth 1Y55.57%
EBIT growth 3Y-4.16%
EBIT growth 5Y15.78%
EBIT Next Year78.94%
EBIT Next 3Y26.22%
EBIT Next 5YN/A
FCF growth 1Y-2.17%
FCF growth 3Y0.38%
FCF growth 5Y7.87%
OCF growth 1Y-2.91%
OCF growth 3Y-1.73%
OCF growth 5Y5.35%