FirstService Corp
TSX:FSV

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FirstService Corp
TSX:FSV
Watchlist
Price: 244.57 CAD -0.02% Market Closed
Market Cap: 11.1B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one FSV stock under the Base Case scenario is 354.16 CAD. Compared to the current market price of 244.57 CAD, FirstService Corp is Undervalued by 31%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FSV Relative Value
Base Case
354.16 CAD
Undervaluation 31%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.5
P/S
P/S
Price to Sales
1.5
vs History
87
vs Industry
66
Median 3Y
1.7
Median 5Y
1.7
Industry
3.6
Forward
1.4
More Details
57.7
P/E
P/E
Price to Earnings
57.7
vs History
53
vs Industry
9
Median 3Y
52.2
Median 5Y
61.3
Industry
16.4
Forward
29.9
More Details
27.2
P/OCF
P/OCF
Price to OCF
27.2
vs History
63
vs Industry
11
Median 3Y
36.9
Median 5Y
28.9
Industry
11
More Details
35.3
P/FCFE
P/FCFE
Price to FCFE
35.3
vs History
42
vs Industry
10
Median 3Y
33.5
Median 5Y
33.7
Industry
12.9
More Details
6.5
P/B
P/B
Price to Book Value
6.5
vs History
82
vs Industry
3
Median 3Y
6.9
Median 5Y
7.2
Industry
0.8
More Details
1.7
EV/S
EV/S
Enterprise Value to Sales
1.7
vs History
84
vs Industry
72
Median 3Y
1.8
Median 5Y
1.9
Industry
6.5
Forward
1.5
More Details
5.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.1
vs History
90
vs Industry
68
Median 3Y
5.6
Median 5Y
5.9
Industry
11.8
More Details
18
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
18
vs History
90
vs Industry
31
Median 3Y
19.6
Median 5Y
20.6
Industry
15.6
Forward
15.4
More Details
27.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
27.2
vs History
90
vs Industry
23
Median 3Y
29.3
Median 5Y
30.8
Industry
18.8
Forward
24.4
More Details
30.8
EV/OCF
EV/OCF
Enterprise Value to OCF
30.8
vs History
61
vs Industry
16
Median 3Y
39.5
Median 5Y
32.4
Industry
18.5
More Details
50.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
50.8
vs History
49
vs Industry
11
Median 3Y
60.5
Median 5Y
50.4
Industry
20
More Details
2.7
EV/IC
EV/IC
Enterprise Value to IC
2.7
vs History
50
vs Industry
5
Median 3Y
2.6
Median 5Y
2.7
Industry
0.7
More Details

Multiples Across Competitors

FSV Competitors Multiples
FirstService Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
FirstService Corp
TSX:FSV
11.1B CAD 1.5 57.7 18 27.2
US
CBRE Group Inc
NYSE:CBRE
40.1B USD 1.1 41.4 19.6 28.3
CN
Ke Holdings Inc
HKEX:2423
196B HKD 2.2 44 48.6 48.6
US
Zillow Group Inc
NASDAQ:ZG
17B USD 7.6 -151.7 254.7 -80.4
US
Jones Lang LaSalle Inc
NYSE:JLL
12.1B USD 0.5 22.1 11.9 15.3
CA
Colliers International Group Inc
TSX:CIGI
9B CAD 1.3 38.9 13.2 21.3
US
Compass Inc
NYSE:COMP
4.8B USD 0.9 -31.2 -78.9 -32.8
UK
Cushman & Wakefield PLC
NYSE:CWK
2.4B USD 0.3 18.6 9.1 12.1
HK
China Overseas Property Holdings Ltd
HKEX:2669
17.4B HKD 1.3 12.1 6.6 6.6
US
Newmark Group Inc
NASDAQ:NMRK
2.2B USD 0.8 35.2 9.9 20.3
JP
Relo Group Inc
TSE:8876
289.4B JPY 2 -91.3 5 9.1
P/E Multiple
Earnings Growth PEG
CA
FirstService Corp
TSX:FSV
Average P/E: 33.7
57.7
N/A N/A
US
CBRE Group Inc
NYSE:CBRE
41.4
36%
1.1
CN
K
Ke Holdings Inc
HKEX:2423
44
-14%
N/A
US
Zillow Group Inc
NASDAQ:ZG
Negative Multiple: -151.7 N/A N/A
US
Jones Lang LaSalle Inc
NYSE:JLL
22.1
23%
1
CA
Colliers International Group Inc
TSX:CIGI
38.9
42%
0.9
US
C
Compass Inc
NYSE:COMP
Negative Multiple: -31.2 N/A N/A
UK
Cushman & Wakefield PLC
NYSE:CWK
18.6
39%
0.5
HK
C
China Overseas Property Holdings Ltd
HKEX:2669
12.1
16%
0.8
US
Newmark Group Inc
NASDAQ:NMRK
35.2
75%
0.5
JP
Relo Group Inc
TSE:8876
Negative Multiple: -91.3 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
FirstService Corp
TSX:FSV
Average EV/EBITDA: 39.7
18
N/A N/A
US
CBRE Group Inc
NYSE:CBRE
19.6
18%
1.1
CN
K
Ke Holdings Inc
HKEX:2423
48.6
26%
1.9
US
Zillow Group Inc
NASDAQ:ZG
254.7
163%
1.6
US
Jones Lang LaSalle Inc
NYSE:JLL
11.9
14%
0.9
CA
Colliers International Group Inc
TSX:CIGI
13.2
16%
0.8
US
C
Compass Inc
NYSE:COMP
Negative Multiple: -78.9 N/A N/A
UK
Cushman & Wakefield PLC
NYSE:CWK
9.1
18%
0.5
HK
C
China Overseas Property Holdings Ltd
HKEX:2669
6.6
14%
0.5
US
Newmark Group Inc
NASDAQ:NMRK
9.9
28%
0.4
JP
Relo Group Inc
TSE:8876
5
4%
1.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
FirstService Corp
TSX:FSV
Average EV/EBIT: 21
27.2
N/A N/A
US
CBRE Group Inc
NYSE:CBRE
28.3
25%
1.1
CN
K
Ke Holdings Inc
HKEX:2423
48.6
25%
1.9
US
Zillow Group Inc
NASDAQ:ZG
Negative Multiple: -80.4 N/A N/A
US
Jones Lang LaSalle Inc
NYSE:JLL
15.3
15%
1
CA
Colliers International Group Inc
TSX:CIGI
21.3
15%
1.4
US
C
Compass Inc
NYSE:COMP
Negative Multiple: -32.8 N/A N/A
UK
Cushman & Wakefield PLC
NYSE:CWK
12.1
18%
0.7
HK
C
China Overseas Property Holdings Ltd
HKEX:2669
6.6
14%
0.5
US
Newmark Group Inc
NASDAQ:NMRK
20.3
38%
0.5
JP
Relo Group Inc
TSE:8876
9.1
N/A N/A

See Also

Summary
FSV intrinsic value, competitors valuation, and company profile.
DCF Valuation
FSV stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FSV stock valuation using valuation multiples.
Wall Street Estimates
FSV price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FSV stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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