(FSV) FirstService - Overview
Stock: Property Management, Restoration, Painting, Closets, Inspection
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.65% |
| Yield on Cost 5y | 0.78% |
| Yield CAGR 5y | 10.72% |
| Payout Consistency | 100.0% |
| Payout Ratio | 31.2% |
| Risk 5d forecast | |
|---|---|
| Volatility | 24.7% |
| Relative Tail Risk | -6.08% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.26 |
| Alpha | -17.05 |
| Character TTM | |
|---|---|
| Beta | 0.519 |
| Beta Downside | 0.517 |
| Drawdowns 3y | |
|---|---|
| Max DD | 28.07% |
| CAGR/Max DD | 0.17 |
Description: FSV FirstService January 07, 2026
FirstService Corp (NASDAQ:FSV) operates two core segments-FirstService Residential, which manages private residential communities (condos, HOAs, master-planned and active-adult developments), and FirstService Brands, a franchise network delivering ancillary services such as restoration, home inspection, flooring, painting, and custom storage solutions. The company provides on-site staffing, amenity management, security, financial services, and energy-management advisory across the United States and Canada, leveraging a mix of owned operations and franchised brands like California Closets and Paul Davis Restoration.
Key metrics and sector drivers: • FY 2023 revenue was approximately **$2.1 billion**, with FirstService Residential contributing roughly **70 %** of total sales. • Same-store revenue growth in the residential segment ran **~5 % YoY**, reflecting steady HOA fee collections despite modest housing market softness. • Franchise royalty revenue grew **~9 %** year-over-year, benefitting from higher penetration of ancillary services (restoration, inspection) that are counter-cyclical to new-construction activity. • The broader property-management industry is sensitive to **interest-rate trends** (which affect mortgage refinancing and HOA cash flow) and **demographic shifts**, notably the aging-baby-boomer cohort driving demand for active-adult and lifestyle communities.
For a deeper, data-driven look at FSV’s valuation and risk profile, you might explore ValueRay’s analyst toolkit.
Piotroski VR‑10 (Strict, 0-10) 8.5
| Net Income: 138.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 1.58 > 1.0 |
| NWC/Revenue: 12.65% < 20% (prev 13.83%; Δ -1.17% < -1%) |
| CFO/TA 0.10 > 3% & CFO 418.1m > Net Income 138.5m |
| Net Debt (1.29b) to EBITDA (535.8m): 2.41 < 3 |
| Current Ratio: 1.76 > 1.5 & < 3 |
| Outstanding Shares: last quarter (33.0m) vs 12m ago -27.27% < -2% |
| Gross Margin: 33.41% > 18% (prev 0.33%; Δ 3309 % > 0.5%) |
| Asset Turnover: 128.9% > 50% (prev 119.8%; Δ 9.13% > 0%) |
| Interest Coverage Ratio: 4.52 > 6 (EBITDA TTM 535.8m / Interest Expense TTM 77.8m) |
Altman Z'' 2.27
| A: 0.16 (Total Current Assets 1.60b - Total Current Liabilities 907.9m) / Total Assets 4.39b |
| B: 0.05 (Retained Earnings 234.0m / Total Assets 4.39b) |
| C: 0.08 (EBIT TTM 351.7m / Avg Total Assets 4.25b) |
| D: 0.48 (Book Value of Equity 1.23b / Total Liabilities 2.57b) |
| Altman-Z'' Score: 2.27 = BBB |
Beneish M -3.07
| DSRI: 0.96 (Receivables 975.7m/913.5m, Revenue 5.48b/4.93b) |
| GMI: 0.98 (GM 33.41% / 32.60%) |
| AQI: 0.99 (AQ_t 0.51 / AQ_t-1 0.51) |
| SGI: 1.11 (Revenue 5.48b / 4.93b) |
| TATA: -0.06 (NI 138.5m - CFO 418.1m) / TA 4.39b) |
| Beneish M-Score: -3.07 (Cap -4..+1) = AA |
What is the price of FSV shares?
Over the past week, the price has changed by +3.57%, over one month by +3.65%, over three months by +4.72% and over the past year by -5.59%.
Is FSV a buy, sell or hold?
- StrongBuy: 3
- Buy: 3
- Hold: 3
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the FSV price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 206.6 | 28.5% |
| Analysts Target Price | 206.6 | 28.5% |
| ValueRay Target Price | 163.5 | 1.7% |
FSV Fundamental Data Overview February 05, 2026
P/E Forward = 24.8139
P/S = 1.2915
P/B = 5.2728
P/EG = 2.17
Revenue TTM = 5.48b USD
EBIT TTM = 351.7m USD
EBITDA TTM = 535.8m USD
Long Term Debt = 1.19b USD (from longTermDebt, last quarter)
Short Term Debt = 71.8m USD (from shortTermDebt, last quarter)
Debt = 1.51b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.29b USD (from netDebt column, last quarter)
Enterprise Value = 8.37b USD (7.08b + Debt 1.51b - CCE 219.9m)
Interest Coverage Ratio = 4.52 (Ebit TTM 351.7m / Interest Expense TTM 77.8m)
EV/FCF = 28.87x (Enterprise Value 8.37b / FCF TTM 289.9m)
FCF Yield = 3.46% (FCF TTM 289.9m / Enterprise Value 8.37b)
FCF Margin = 5.29% (FCF TTM 289.9m / Revenue TTM 5.48b)
Net Margin = 2.53% (Net Income TTM 138.5m / Revenue TTM 5.48b)
Gross Margin = 33.41% ((Revenue TTM 5.48b - Cost of Revenue TTM 3.65b) / Revenue TTM)
Gross Margin QoQ = 33.65% (prev 33.93%)
Tobins Q-Ratio = 1.91 (Enterprise Value 8.37b / Total Assets 4.39b)
Interest Expense / Debt = 1.20% (Interest Expense 18.2m / Debt 1.51b)
Taxrate = 28.10% (27.7m / 98.6m)
NOPAT = 252.9m (EBIT 351.7m * (1 - 28.10%))
Current Ratio = 1.76 (Total Current Assets 1.60b / Total Current Liabilities 907.9m)
Debt / Equity = 1.13 (Debt 1.51b / totalStockholderEquity, last quarter 1.34b)
Debt / EBITDA = 2.41 (Net Debt 1.29b / EBITDA 535.8m)
Debt / FCF = 4.46 (Net Debt 1.29b / FCF TTM 289.9m)
Total Stockholder Equity = 1.25b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.26% (Net Income 138.5m / Total Assets 4.39b)
RoE = 11.12% (Net Income TTM 138.5m / Total Stockholder Equity 1.25b)
RoCE = 14.43% (EBIT 351.7m / Capital Employed (Equity 1.25b + L.T.Debt 1.19b))
RoIC = 10.07% (NOPAT 252.9m / Invested Capital 2.51b)
WACC = 6.60% (E(7.08b)/V(8.59b) * Re(7.83%) + D(1.51b)/V(8.59b) * Rd(1.20%) * (1-Tc(0.28)))
Discount Rate = 7.83% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -14.28%
[DCF Debug] Terminal Value 85.95% ; FCFF base≈256.8m ; Y1≈316.7m ; Y5≈539.4m
Fair Price DCF = 248.8 (EV 12.66b - Net Debt 1.29b = Equity 11.37b / Shares 45.7m; r=6.60% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -14.22 | EPS CAGR: -40.73% | SUE: -4.0 | # QB: 0
Revenue Correlation: 96.53 | Revenue CAGR: 15.00% | SUE: -0.53 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.97 | Chg30d=-0.004 | Revisions Net=+1 | Analysts=4
EPS next Year (2026-12-31): EPS=6.18 | Chg30d=-0.024 | Revisions Net=+1 | Growth EPS=+8.5% | Growth Revenue=+6.3%