FirstService Corp
TSX:FSV

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FirstService Corp
TSX:FSV
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Price: 255.44 CAD -0.07% Market Closed
Market Cap: 11.5B CAD
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Relative Value

The Relative Value of one FSV stock under the Base Case scenario is 404.82 CAD. Compared to the current market price of 255.44 CAD, FirstService Corp is Undervalued by 37%.

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
404.82 CAD
Undervaluation 37%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.6
P/S
P/S
Price to Sales
1.6
vs History
34
vs Industry
64
Median 3Y
1.7
Median 5Y
1.7
Industry
3.6
Forward
1.5
More Details
74.1
P/E
P/E
Price to Earnings
74.1
vs History
15
vs Industry
6
Median 3Y
52.2
Median 5Y
63.1
Industry
16.9
Forward
35
More Details
25.9
P/OCF
P/OCF
Price to OCF
25.9
vs History
58
vs Industry
11
Median 3Y
38.2
Median 5Y
31.4
Industry
11
More Details
11.5
P/FCFE
P/FCFE
Price to FCFE
11.5
vs History
61
vs Industry
26
Median 3Y
31.7
Median 5Y
31.5
Industry
13.4
More Details
7
P/B
P/B
Price to Book Value
7
vs History
46
vs Industry
3
Median 3Y
6.9
Median 5Y
7.2
Industry
0.8
More Details
1.8
EV/S
EV/S
Enterprise Value to Sales
1.8
vs History
39
vs Industry
70
Median 3Y
1.8
Median 5Y
1.9
Industry
6.6
Forward
1.7
More Details
5.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.6
vs History
41
vs Industry
66
Median 3Y
5.7
Median 5Y
5.9
Industry
11.9
More Details
19.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
19.9
vs History
38
vs Industry
25
Median 3Y
20
Median 5Y
20.6
Industry
15.8
Forward
17.5
More Details
29.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
29.8
vs History
39
vs Industry
18
Median 3Y
30.1
Median 5Y
30.9
Industry
19
Forward
27.8
More Details
29.3
EV/OCF
EV/OCF
Enterprise Value to OCF
29.3
vs History
57
vs Industry
17
Median 3Y
41.6
Median 5Y
34.1
Industry
18.5
More Details
44.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
44.5
vs History
55
vs Industry
12
Median 3Y
67.2
Median 5Y
49.1
Industry
20.2
More Details
2.8
EV/IC
EV/IC
Enterprise Value to IC
2.8
vs History
31
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
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
FirstService Corp
TSX:FSV
11.5B CAD 1.6 74.1 19.9 29.8
US
CBRE Group Inc
NYSE:CBRE
39.7B USD 1.2 41.4 21 30.4
CN
Ke Holdings Inc
HKEX:2423
155.9B HKD 1.8 35.3 35.1 35.1
US
Zillow Group Inc
NASDAQ:ZG
15.9B USD 7.4 -119.9 847.8 -67.4
US
Jones Lang LaSalle Inc
NYSE:JLL
11.8B USD 0.5 24.6 14.5 19
CA
Colliers International Group Inc
TSX:CIGI
9.8B CAD 1.5 47.8 14.5 22.7
UK
Cushman & Wakefield PLC
NYSE:CWK
2.8B USD 0.3 31.7 11 15.4
US
Compass Inc
NYSE:COMP
2.8B USD 0.5 -14.4 -25.7 -14.1
US
Newmark Group Inc
NASDAQ:NMRK
2.1B USD 0.8 39.8 11.4 24.5
HK
China Overseas Property Holdings Ltd
HKEX:2669
15.8B HKD 1.2 11 5.7 5.7
JP
Relo Group Inc
TSE:8876
286.5B JPY 2.1 -78.2 5.3 9.3
P/E Multiple
Earnings Growth PEG
CA
FirstService Corp
TSX:FSV
Average P/E: 38.2
74.1
41%
1.8
US
CBRE Group Inc
NYSE:CBRE
41.4
31%
1.3
CN
K
Ke Holdings Inc
HKEX:2423
35.3
-14%
N/A
US
Zillow Group Inc
NASDAQ:ZG
Negative Multiple: -119.9 N/A N/A
US
Jones Lang LaSalle Inc
NYSE:JLL
24.6
61%
0.4
CA
Colliers International Group Inc
TSX:CIGI
47.8
83%
0.6
UK
Cushman & Wakefield PLC
NYSE:CWK
31.7
N/A N/A
US
C
Compass Inc
NYSE:COMP
Negative Multiple: -14.4 N/A N/A
US
Newmark Group Inc
NASDAQ:NMRK
39.8
86%
0.5
HK
C
China Overseas Property Holdings Ltd
HKEX:2669
11
17%
0.6
JP
Relo Group Inc
TSE:8876
Negative Multiple: -78.2 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
FirstService Corp
TSX:FSV
Average EV/EBITDA: 98.6
19.9
15%
1.3
US
CBRE Group Inc
NYSE:CBRE
21
28%
0.7
CN
K
Ke Holdings Inc
HKEX:2423
35.1
28%
1.3
US
Zillow Group Inc
NASDAQ:ZG
847.8
N/A N/A
US
Jones Lang LaSalle Inc
NYSE:JLL
14.5
19%
0.8
CA
Colliers International Group Inc
TSX:CIGI
14.5
16%
0.9
UK
Cushman & Wakefield PLC
NYSE:CWK
11
25%
0.4
US
C
Compass Inc
NYSE:COMP
Negative Multiple: -25.7 N/A N/A
US
Newmark Group Inc
NASDAQ:NMRK
11.4
30%
0.4
HK
C
China Overseas Property Holdings Ltd
HKEX:2669
5.7
16%
0.4
JP
Relo Group Inc
TSE:8876
5.3
1%
5.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
FirstService Corp
TSX:FSV
Average EV/EBIT: 21.3
29.8
13%
2.3
US
CBRE Group Inc
NYSE:CBRE
30.4
37%
0.8
CN
K
Ke Holdings Inc
HKEX:2423
35.1
26%
1.3
US
Zillow Group Inc
NASDAQ:ZG
Negative Multiple: -67.4 N/A N/A
US
Jones Lang LaSalle Inc
NYSE:JLL
19
21%
0.9
CA
Colliers International Group Inc
TSX:CIGI
22.7
20%
1.1
UK
Cushman & Wakefield PLC
NYSE:CWK
15.4
34%
0.5
US
C
Compass Inc
NYSE:COMP
Negative Multiple: -14.1 N/A N/A
US
Newmark Group Inc
NASDAQ:NMRK
24.5
47%
0.5
HK
C
China Overseas Property Holdings Ltd
HKEX:2669
5.7
17%
0.3
JP
Relo Group Inc
TSE:8876
9.3
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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