FSV : FirstService Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

FirstService Corp trades with the ticker FSV on the TSX and is in the Real Estate Services industry.

Overview
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. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers 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 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. Its FirstService Brands segment operates and provides essential property services to residential and commercial customers through franchise networks; and company-owned operations, including California Closets, Paul Davis Restoration, and CertaPro Painters operations. 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, Roofing Corp of America, First Onsite property Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. FirstService Corporation was founded in 1988 and is headquartered in Toronto, Canada.
 

Looking to invest in FirstService Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

FSV.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $10143.3MM

PE Ratio: 74.685

Price: 164.91 (Updated: 3/12/2024 0:47:16)



FirstService Corp (FSV) vs Competitors in Real Estate Services

Lets see how FSV.TO stacks up against others in the Real Estate Services asset management industry. We have identified its main peers as:

Brookfield Property Partners L.P, Bridgemarq Real Estate Services Inc, Colliers International Group Inc, FirstService Corporation, Real Matters Inc

.

Real Estate Services Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Brookfield Property Partners L.P (BPY-UN) $21,725.332 N/A 45.021 5.7%
Bridgemarq Real Estate Services Inc (BRE) $135.429 19.833 6.546 9.4%
Colliers International Group Inc (CIGI) $7,929.643 83.825 20.726 0.2%
FirstService Corporation (FSV) $10,143.3 74.685 31.157 0.6%
Real Matters Inc (REAL) $458.817 N/A -149.204 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Real Estate Services

  • FirstService Corp (FSV) vs Brookfield Property Partners L.P (BPY-UN)
    • FSV has higher EPS (3.02 vs -2.056). BPY-UN has higher dividend yield (5.7% vs 0.6%). BPY-UN has a P/E under 0, indicating FSV (P/E 74.685) is in a better position.
  • FirstService Corp (FSV) vs Bridgemarq Real Estate Services Inc (BRE)
    • FSV has higher EPS (3.02 vs 0.72). BRE has higher dividend yield (9.4% vs 0.6%). FSV has a higher P/E ratio (74.685 vs 19.833) indicating it’s more expensive.
  • FirstService Corp (FSV) vs Colliers International Group Inc (CIGI)
    • FSV has higher EPS (3.02 vs 1.89). FSV has higher dividend yield (0.6% vs 0.2%). CIGI has a higher P/E ratio (83.825 vs 74.685) indicating it’s more expensive.
  • FirstService Corp (FSV) vs FirstService Corporation (FSV)
    • FSV has higher EPS (3.02 vs 3.02). FSV has higher dividend yield (0.6% vs 0.6%). FSV has a higher P/E ratio (74.685 vs 74.685) indicating it’s more expensive.
  • FirstService Corp (FSV) vs Real Matters Inc (REAL)
    • FSV has higher EPS (3.02 vs -0.09). FSV provides dividends, while REAL does not. REAL has a P/E under 0, indicating FSV (P/E 74.685) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (31.16) than the industry average (35.78), indicating attractive valuation.
 

How to Buy FSV stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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