Intrinsiqq
FirstService Corporation logoFirstService CorporationFSV
$136.59-1.39%
FirstService Corporation logo

FirstService Corporation

FSV

$136.59

-$1.92 (-1.39%)

⊜ Compare
ProfitabilityN/AGrowthSteady growthCash FlowN/AValuationNot cheap
What stands out

Net margin is thin at 3.47%. This may reflect rising credit costs, rate compression, or operational inefficiency.

What's changing

Revenue grew 5.4% YoY.

What deserves caution

At 39x earnings, the multiple is above the banking sector average. Financials rarely sustain elevated multiples through credit cycles.

Valuation context

38.7x earnings. Above the financial-sector median (~13x). The market is pricing in above-average returns or growth, any credit deterioration would compress the multiple quickly.

Price History

-26.2%

Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap$6.19B
EPS$3.53
P/E38.69
Div. Yield0.86%
Net Margin3.7%
P/Book3.3x
52-Week Range
$125.66$184.76

Profitability & Returns

Revenue (TTM)

$5.60B

▲ +5.4% YoY

Net Income (TTM)

$206M

▲ +1.6% YoY

Net Margin

3.68%

P/E

38.7x

Balance Sheet

Total Assets

$4.28B

Equity

$1.86B

Total Debt

$1.38B

Cash & Equiv.

$154M

3Y CAGR: +13.6%

Continue Research

Is FirstService (FSV) overvalued?

At a P/E of 38.7 and a price-to-free-cash-flow of 18.5, FirstService (FSV) trades below a two-stage DCF intrinsic value of about $346.30 per share, so at $136.59 the stock looks undervalued (153.5% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.

On quality, FirstService scores 91/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.9%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.

Frequently asked

What is FirstService's fair value?+

Intrinsiqq's two-stage DCF estimates an intrinsic value of about $346.30 per share for FSV, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $259.73. At today's $136.59, that puts the stock about 153.5% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.

Is FirstService a high-quality business?+

FirstService scores 91 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 6.2% operating margin and a 7.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.

Does FirstService (FSV) pay a dividend, and how much?+

Yes, FirstService pays a regular dividend of about $1.17 per share per year (typically in quarterly installments), a yield of roughly 0.9% at the current price. That is a payout ratio of about 25.8% of earnings, so the dividend is amply covered by earnings. FirstService has grown the dividend at roughly 11.8% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For FSV's full payout history, growth streak and dividend-safety score, see the dividends tab.

Is FirstService a good stock to buy right now?+

That depends on valuation and quality together, not either alone. FSV currently trades below its estimated intrinsic value and scores 91/100 on quality (high-quality). It also yields about 0.9%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.

Related stocks: Real Estate Services

Spot a number that looks wrong?

Download this analysis as a PDF (Pro)

Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

2 of 2 free stocks used today

Keep analysing FSV

Create a free account and get 14 days of Premium: every stock and every tool.

  • Unlimited stocks
  • Stock screener
  • Portfolio tracker
  • Editable DCF
  • Compare side by side
  • Unlimited alerts

No card. Moves to Free after, unless you upgrade.

Already have an account?

Or come back tomorrow. Stocks on your watchlist are always free to view.

SectorsPrivacyTerms© 2026 Intrinsiqq

Not financial advice. Analytical data for research only.

Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.