FirstService Corporation(FSV) Stock Research - Grey Stern Research

FirstService Corporation (FSV) Stock Analysis

$178.19 (-1.50%)

FSV Financial Performance


Use the table below to view FirstService Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $180.91 -
52 Week Low $134.77 -
52 Week High $183.86 -
Market Cap $8.1 Billion 3/11
Gross Margin 31% 6/11
Profit Margin 3% 4/11
EBITDA margin 10% 4/11
Q2 - 2024 Revenue $1.3 Billion 4/11
Q2 - 2024 Earnings $35.1 Million 3/11
Q2 - 2024 Free Cash Flow $100.9 Million 3/11
Trailing 4 Quarters Revenue $4.7 Billion 4/11
Trailing 4 Quarters Earnings $80.4 Million 3/11
Quarterly Earnings Growth -23% 8/11
Annual Earnings Growth -29% 7/11
Quarterly Revenue Growth 16% 1/11
Annual Revenue Growth 12% 3/11
Cash On Hand $231.5 Million 4/11
Short Term Debt $92.2 Million 4/11
Long Term Debt $1.3 Billion 4/11

FirstService Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare FirstService Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 101.24 2/11
PS 1.74 6/11
PB 3.16 3/11
PC 35.18 4/11
Liabilities to Equity 0.00 11/11
ROA 0.02 2/11
ROE -1.00 11/11
Current Ratio 2.76 5/11
Quick Ratio 0.16 7/11
Long Term Debt to Equity -1.00 11/11
Debt to Equity -1.00 11/11
Burn Rate 5.85 5/11
Cash to Cap 0.03 7/11
CCR 2.88 6/11
EV to EBITDA 75.64 5/11
EV to Revenue 2.03 6/11

Company Details

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.

CEO: Mr. D. Scott Patterson

Website: https://www.firstservice.com

Address: 1140 Bay St Suite 4000 TORONTO, ONTARIO

Exchange: NASDAQ Global Select

Industry: Real Estate Services

FirstService Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to FirstService Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
CBRE Group, Inc. CBRE $38.3 Billion
Jones Lang LaSalle Incorporated JLL $12.7 Billion
RE/MAX Holdings, Inc. RMAX $234.4 Million
Marcus & Millichap, Inc. MMI $1.5 Billion
FRP Holdings, Inc. FRPH $560.6 Million
Transcontinental Realty Investors, Inc. TCI $243.8 Million
J.W. Mays, Inc. MAYS $92.7 Million
Maui Land & Pineapple Company, Inc. MLP $442.7 Million
Cushman & Wakefield plc CWK $3.1 Billion
Fathom Holdings Inc. FTHM $54.8 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
FSV Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 1.3 Billion $35.1 Million
Q1 2024 $ 1.2 Billion $6.3 Million
Q4 2023 $ 1.1 Billion $6.4 Million
Q3 2023 $ 1.1 Billion $32.7 Million
Q2 2023 $ 1.1 Billion $45.4 Million
Q1 2023 $ 1.0 Billion $22.7 Million
Q4 2022 $ 1.0 Billion $38.2 Million
Q3 2022 $ 960.5 Million $34.2 Million

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FSV Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $231.5 Million $4.0 Billion $1.6 Billion $415.5 Million
Q1 2024 $183.9 Million $3.6 Billion $1.5 Billion $1.4 Billion
Q4 2023 $205.8 Million $3.6 Billion $1.4 Billion $331.3 Million
Q3 2023 $150.0 Million $3.1 Billion $1.0 Billion $1.0 Billion
Q2 2023 $154.7 Million $3.1 Billion $1.0 Billion $988.4 Million
Q1 2023 $131.4 Million $3.0 Billion $1.1 Billion $942.2 Million
Q4 2022 $136.2 Million $2.8 Billion $952.2 Million $907.5 Million
Q3 2022 $160.5 Million $2.6 Billion $896.1 Million $871.8 Million

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FSV Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 $100.9 Million -$29.7 Million $47.6 Million
Q1 2024 -$33.7 Million -$24.9 Million -$21.9 Million
Q4 2023 $89.3 Million -$26.8 Million $28.8 Million
Q3 2023 $60.5 Million -$23.5 Million -$5.5 Million
Q2 2023 $63.5 Million -$22.7 Million $26.2 Million
Q1 2023 -$21.8 Million -$21.5 Million -$2.1 Million
Q4 2022 $31.9 Million -$22.2 Million -$25.8 Million
Q3 2022 -$30.5 Million -$19.1 Million $4.0 Million

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