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FirstService Corporation FSV
Real Estate - Real Estate - Services - NASDAQ - CA
Watchlist
$ 178.67
1.27 %
$ 8.12 B
Market Cap
60.36
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one FSV stock under the worst case scenario is HIDDEN Compared to the current market price of 179 USD, FirstService Corporation is HIDDEN

FSV Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one FSV stock under the base case scenario is HIDDEN Compared to the current market price of 179 USD, FirstService Corporation is HIDDEN

FSV Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one FSV stock under the best case scenario is HIDDEN Compared to the current market price of 179 USD, FirstService Corporation is HIDDEN

FSV Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart FSV

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1M -2%
6M 1%
1Y 8%
3Y 29.0%
5Y 79%
All
FINANCIALS
4.33 B REVENUE
15.72%
Growth Rates
1Year 15.72%
3Years 16.06%
5Years 17.55%
7Years 16.56%
10Years 6.34%
245 M OPERATING INCOME
11.81%
Growth Rates
1Year 11.81%
3Years 13.07%
5Years 13.93%
7Years 15.27%
10Years 10.50%
100 M NET INCOME
-30.77%
Growth Rates
1Year -30.77%
3Years -2.88%
5Years 2.15%
7Years 9.19%
10Years 9.20%
286 M OPERATING CASH FLOW
169.61%
Growth Rates
1Year 169.61%
3Years -0.72%
5Years 23.48%
7Years 14.75%
10Years 9.40%
-646 M INVESTING CASH FLOW
-301.95%
Growth Rates
1Year -301.95%
3Years -65.62%
5Years -43.50%
7Years -25.63%
10Years -37.23%
414 M FINANCING CASH FLOW
2103.95%
Growth Rates
1Year 2103.95%
3Years 95.79%
5Years 82.51%
7Years 54.72%
10Years 26.62%
1.41 B REVENUE
8.49%
Growth Rates
1Year 15.72%
3Years 16.06%
5Years 17.55%
7Years 16.56%
10Years 6.34%
114 M OPERATING INCOME
31.95%
Growth Rates
1Year 11.81%
3Years 13.07%
5Years 13.93%
7Years 15.27%
10Years 10.50%
77.8 M NET INCOME
121.85%
Growth Rates
1Year -30.77%
3Years -2.88%
5Years 2.15%
7Years 9.19%
10Years 9.20%
77 M OPERATING CASH FLOW
-41.03%
Growth Rates
1Year 169.61%
3Years -0.72%
5Years 23.48%
7Years 14.75%
10Years 9.40%
-26.9 M INVESTING CASH FLOW
83.60%
Growth Rates
1Year -301.95%
3Years -65.62%
5Years -43.50%
7Years -25.63%
10Years -37.23%
-45.5 M FINANCING CASH FLOW
-56.71%
Growth Rates
1Year 2103.95%
3Years 95.79%
5Years 82.51%
7Years 54.72%
10Years 26.62%
Balance Sheet FirstService Corporation
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Current Assets 1.36 B
Cash & Short-Term Investments 188 M
Receivables 842 M
Other Current Assets 331 M
Non-Current Assets 2.26 B
Long-Term Investments 0
PP&E 422 M
Other Non-Current Assets 1.84 B
Current Liabilities 771 M
Accounts Payable 143 M
Short-Term Debt 88 M
Other Current Liabilities 539 M
Non-Current Liabilities 1.5 B
Long-Term Debt 1.33 B
Other Non-Current Liabilities 169 M
EFFICIENCY
Earnings Waterfall FirstService Corporation
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Revenue 4.33 B
Cost Of Revenue 2.95 B
Gross Profit 1.39 B
Operating Expenses 1.14 B
Operating Income 245 M
Other Expenses 145 M
Net Income 100 M
RATIOS
32.01% GROSS MARGIN
32.01%
Averages
1Year 32.01%
3Years 31.91%
5Years 32.06%
7Years 31.75%
10Years 31.08%
5.65% OPERATING MARGIN
5.65%
Averages
1Year 5.65%
3Years 5.90%
5Years 3.38%
7Years 4.26%
10Years 4.55%
2.32% NET MARGIN
2.32%
Averages
1Year 2.32%
3Years 3.24%
5Years 0.68%
7Years 1.42%
10Years 1.50%
9.85% ROE
9.85%
Averages
1Year 9.85%
3Years 13.37%
5Years -0.03%
7Years 7.70%
10Years 9.34%
2.77% ROA
2.77%
Averages
1Year 2.77%
3Years 4.17%
5Years 0.97%
7Years 2.53%
10Years 2.77%
6.02% ROIC
6.02%
Averages
1Year 6.02%
3Years 6.98%
5Years 3.33%
7Years 6.06%
10Years 6.80%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis FirstService Corporation
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Net Income 100 M
Depreciation & Amortization 128 M
Capital Expenditures -92.7 M
Stock-Based Compensation 21.4 M
Change in Working Capital -5.73 M
Others 145 M
Free Cash Flow 188 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets FirstService Corporation
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Wall Street analysts predict an average 1-year price target for FSV of $193 , with forecasts ranging from a low of $187 to a high of $200 .
FSV Lowest Price Target Wall Street Target
187 USD 4.66%
FSV Average Price Target Wall Street Target
193 USD 8.02%
FSV Highest Price Target Wall Street Target
200 USD 11.94%
4. DIVIDEND ANALYSIS
0.14% DIVIDEND YIELD
0.275 USD DIVIDEND PER SHARE
5. COMPETITION

Cushman & Wakefield plc, together with its subsidiaries, provides commercial real estate services under the Cushman & Wakefield brand in the United States, Australia, the United Kingdom, and internationally.

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17.8 USD
CWK
Undervalued 49.76%

CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through three segments: Advisory Services, Global Workplace Solutions, and Real Estate Investments segments.

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115 USD
CBRE
Overvalued 18.89%

Jones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in Americas, Europe, the Middle East, Africa, and the Asia Pacific.

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258 USD
JLL
Overvalued 4.88%

Marcus & Millichap, Inc., an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada.

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6.72 USD
MMI
Overvalued 82.56%

Maui Land & Pineapple Company, Inc., together with its subsidiaries, develops, manages, and sells residential, resort, commercial, agricultural, and industrial real estate properties in the United States.

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-13.7 USD
MLP
Overvalued 170.44%

FRP Holdings, Inc. engages in the real estate businesses in the United States. The company operates through four segments: Asset Management, Mining Royalty Lands, Development, and Stabilized Joint Venture.

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29.4 USD
FRPH
Overvalued 6.29%

Transcontinental Realty Investors, Inc., a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including apartments, office buildings, shopping centers, and developed and undeveloped land.

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-69.4 USD
TCI
Overvalued 340.88%

Anywhere Real Estate Inc., through its subsidiaries, provides residential real estate services. It operates through three segments: Realogy Franchise Group, and Realogy Brokerage Group.

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-17.5 USD
HOUS
Overvalued 583.67%

RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally.

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3.2 USD
RMAX
Overvalued 64.01%

New York City REIT, Inc. (NYSE: NYC) is a publicly traded real estate investment trust listed on the NYSE that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.

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-238 USD
NYC
Overvalued 2346.83%

Fathom Holdings Inc. provides cloud-based real estate brokerage services in the South, Atlantic, Southwest, and Western parts of the United States.

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-78.8 USD
FTHM
Overvalued 7979.10%
6. Ownership
Insider Ownership FirstService Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
4 Solid Stocks to Buy That Recently Declared Dividend Hikes HAFC, HWC, CMS and FSV recently announced dividend hikes. zacks.com - 3 weeks ago
Colliers International Group Inc. (CIGI) Q4 2024 Earnings Call Transcript Colliers International Group Inc. (NASDAQ:CIGI ) Q4 2024 Earnings Conference Call February 6, 2025 11:00 AM ET Company Participants Jay Hennick - Global Chairman & CEO Christian Mayer - Chief Financial Officer Conference Call Participants Anthony Paolone - JPMorgan Stephen MacLeod - BMO Capital Markets Stephen Sheldon - William Blair Frederic Bastien - Raymond James Daryl Young - Stifel Julien Blouin - Goldman Sachs Jimmy Shan - RBC Capital Markets Himanshu Gupta - Scotiabank Operator Welcome to the Colliers International Fourth Quarter Year-end Investors Conference Call. Today's call is being recorded. seekingalpha.com - 3 weeks ago
FirstService Corporation (FSV) Q4 2024 Earnings Call Transcript FirstService Corporation (NASDAQ:FSV ) Q4 2024 Earnings Conference Call February 5, 2025 11:00 AM ET Company Participants Scott Patterson - Chief Executive Officer Jeremy Rakusin - Chief Financial Officer Conference Call Participants Stephen MacLeod - BMO Capital Markets Stephen Sheldon - William Blair & Company Scott Fletcher - CIBC Capital Markets Daryl Young - Stifel Financial Corp. Tim James - TD Securities Himanshu Gupta - Scotiabank Operator Welcome to the Fourth Quarter Investors Conference Call. Today's call is being recorded. seekingalpha.com - 3 weeks ago
FirstService (FSV) Misses Q4 Earnings Estimates FirstService (FSV) came out with quarterly earnings of $1.34 per share, missing the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.11 per share a year ago. zacks.com - 3 weeks ago
FirstService Reports Fourth Quarter and Full Year Results Operating highlights:     Three months ended   Year ended     December 31   December 31     2024   2023   2024   2023                           Revenues (millions) $ 1,365.3   $ 1,079.3   $ 5,216.9   $ 4,334.5 Adjusted EBITDA (millions) (note 1)   137.9     103.3     513.7     415.7 Adjusted EPS (note 2)   1.34     1.11     5.00     4.66                           GAAP Operating Earnings   89.6     48.1     337.5     244.9 GAAP EPS   0.71     0.14     2.97     2.24                           TORONTO, Feb. 05, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) today announced strong fourth quarter and full year results for the year ended December 31, 2024. All amounts are in US dollars. globenewswire.com - 3 weeks ago
FirstService Declares 10% Increase to Quarterly Cash Dividend TORONTO, Feb. 04, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has approved a 10% increase in the quarterly cash dividend on the outstanding Common Shares of the Company and declared a quarterly dividend of US$0.275 per Common Share, up from the previous US$0.25 per Common Share. The dividend is payable on April 7, 2025 to holders of Common Shares of record at the close of business on March 31, 2025. globenewswire.com - 3 weeks ago
3 Real Estate Stocks to Buy as Mortgage Rates Start to Cool Down FSV, JLL and BIP are three real estate stocks to look into as mortgage rates decline. zacks.com - 1 month ago
FirstService (FSV) Earnings Expected to Grow: Should You Buy? FirstService (FSV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago
FirstService (FSV) Upgraded to Strong Buy: Here's Why FirstService (FSV) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com - 1 month ago
FirstService to Announce Fourth Quarter and Annual Results for 2024 on February 5, 2025 TORONTO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will release its financial results for the fourth quarter ended December 31, 2024 by press release on Wednesday, February 5, 2025 at approximately 7:30 am ET. globenewswire.com - 1 month ago
Down -6.8% in 4 Weeks, Here's Why You Should You Buy the Dip in FirstService (FSV) FirstService (FSV) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. zacks.com - 1 month ago
FirstService: Brands Segment Offsets Residential Segment Weakness FirstService's Q3'24 results were strong, driven by 25% growth in restoration brands and the acquisition of Roofing Corp of America, despite challenges in the residential segment. The company expects Q4'24 revenue growth to exceed 20%, with annual consolidated revenue growth approaching 20% for FY'24, showing continued momentum and resilience. Risks include weather unpredictability affecting restoration services and regulatory challenges in the residential segment, but the company's diversified business model mitigates these risks. seekingalpha.com - 2 months ago
8. Profile Summary

FirstService Corporation FSV

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COUNTRY CA
INDUSTRY Real Estate - Services
MARKET CAP $ 8.12 B
Dividend Yield 0.14%
Description FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments. This segment also provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service swimming pool and amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related, and specialized property insurance brokerage. In addition, this segment offers energy management solutions and advisory services, and resale processing services. The FirstService Brands segment operates and provides essential property services to residential and commercial customers, through five franchise networks; and company-owned locations, including 20 California Closets, 12 Paul Davis Restoration, and 1 CertaPro Painters locations. It provides residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; and fire protection and related services. This segment offers its services primarily under the Paul Davis Restoration, First Onsite Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. FirstService Corporation was founded in 1989 and is headquartered in Toronto, Canada.
Contact 1255 Bay Street, Toronto, ON, M5R 2A9 https://www.firstservice.com
IPO Date June 2, 2015
Employees 30000
Officers Patrick Tran Senior Vice President of Tax Mr. Steve Carpenter Senior Vice President of Technology, Sustainability & Information Services Ms. Angela Bai Vice President of Strategy & Corporate Development Ms. Sarah Alberts Director of Marketing & Communications of FirstService Residential Ontario Mr. Jay Stewart Hennick CM Founder & Independent Chairman of the Board Mr. D. Scott Patterson President, Chief Executive Officer & Non-Independent Director Mr. Jeremy Alan Rakusin Chief Financial Officer Mr. Douglas G. Cooke CPA Senior Vice President, Corporate Controller & Corporate Secretary Mr. Abel Juarez Senior Vice President of Compliance & Risk Management