FirstService Corporation

$ 192.78 -1.02 %

FirstService Corporation, headquartered in Toronto, Canada, and established in 1989, provides a comprehensive array of property management and essential property services to both residential and commercial clients across the United States and Canada. The company is structured into two main operating segments. Its FirstService Residential division specializes in managing diverse private residential communities, encompassing condominiums, co-operatives, homeowner associations, and master-planned developments. This segment also delivers a variety of supplementary services, including on-site staffing for engineering, maintenance, security, and amenity management, as well as financial services like cash management, banking transactions, and specialized property insurance brokerage. Furthermore, it offers energy management solutions and resale processing. The FirstService Brands division offers critical property services through five distinct franchise networks and its own directly-operated locations, which include a number of California Closets, Paul Davis Restoration, and CertaPro Painters outlets. Services provided by this division range from residential and commercial restoration, painting, and custom closet and home storage solutions, to flooring design and installation, home inspection, and fire protection services. Prominent brands under this segment include Paul Davis Restoration, First Onsite Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International.

CEO: D. Scott Patterson - https://www.firstservice.com

Price objectif

-

Recommandation

Buy

DCF

$ 748.99

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FSV.TO vs S&P500

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Quick ratio

1.74

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

38.95

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

4.95

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

12.07 %

reflects reasonable profitability, showing good use of equity.

ROIC

7.08 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

7.59

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.96

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

8.08

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

30.79 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
6 indicates moderate financial health
Altman score
3.29 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.25 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.32 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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