FirstService Corp
TSX:FSV

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FirstService Corp
TSX:FSV
Watchlist
Price: 237.4 CAD -1.73% Market Closed
Market Cap: 10.8B 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 405.71 CAD. Compared to the current market price of 237.4 CAD, FirstService Corp is Undervalued by 41%.

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
405.71 CAD
Undervaluation 41%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.5
P/S
P/S
Price to Sales
1.5
vs History
80
vs Industry
66
Median 3Y
1.6
Median 5Y
1.7
Industry
3.7
Forward
1.4
More Details
60
P/E
P/E
Price to Earnings
60
vs History
50
vs Industry
9
Median 3Y
53.4
Median 5Y
61.3
Industry
16.5
Forward
30.2
More Details
23.4
P/OCF
P/OCF
Price to OCF
23.4
vs History
82
vs Industry
11
Median 3Y
28.8
Median 5Y
28.7
Industry
10.9
More Details
27.2
P/FCFE
P/FCFE
Price to FCFE
27.2
vs History
58
vs Industry
10
Median 3Y
31.5
Median 5Y
33.5
Industry
13
More Details
6.5
P/B
P/B
Price to Book Value
6.5
vs History
69
vs Industry
3
Median 3Y
6.7
Median 5Y
7.1
Industry
0.9
More Details
1.7
EV/S
EV/S
Enterprise Value to Sales
1.7
vs History
76
vs Industry
72
Median 3Y
1.8
Median 5Y
1.8
Industry
6.6
Forward
1.6
More Details
5.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.1
vs History
85
vs Industry
68
Median 3Y
5.6
Median 5Y
5.8
Industry
12.1
More Details
17.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
17.6
vs History
88
vs Industry
31
Median 3Y
19.4
Median 5Y
20.4
Industry
15.8
Forward
15.5
More Details
26.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
26.7
vs History
87
vs Industry
23
Median 3Y
29
Median 5Y
30.7
Industry
18.9
Forward
25.4
More Details
26.6
EV/OCF
EV/OCF
Enterprise Value to OCF
26.6
vs History
73
vs Industry
16
Median 3Y
32.3
Median 5Y
31.8
Industry
18.4
More Details
40.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
40.9
vs History
69
vs Industry
11
Median 3Y
53.4
Median 5Y
48
Industry
20
More Details
2.5
EV/IC
EV/IC
Enterprise Value to IC
2.5
vs History
65
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
10.8B CAD 1.5 60 17.6 26.7
US
CBRE Group Inc
NYSE:CBRE
40.1B USD 1.1 39.9 19.7 28.4
CN
Ke Holdings Inc
HKEX:2423
164.9B HKD 1.5 33.6 23.6 23.6
US
Zillow Group Inc
NASDAQ:ZG
16.1B USD 7 -198.5 149.5 -91.5
US
Jones Lang LaSalle Inc
NYSE:JLL
11.3B USD 0.5 21.1 11.6 14.9
CA
Colliers International Group Inc
TSX:CIGI
9B CAD 1.3 45.1 13.7 22.6
US
Compass Inc
NYSE:COMP
3.2B USD 0.5 -43.7 91.4 -56
UK
Cushman & Wakefield PLC
NYSE:CWK
2.4B USD 0.3 15 9 11.5
HK
China Overseas Property Holdings Ltd
HKEX:2669
17.1B HKD 1.2 11.3 5.7 6
US
Newmark Group Inc
NASDAQ:NMRK
2B USD 0.7 29.8 9.9 19.8
UK
Savills PLC
LSE:SVS
1.4B GBP 0.6 25.4 7.3 13.4
P/E Multiple
Earnings Growth PEG
CA
FirstService Corp
TSX:FSV
Average P/E: 31.2
60
N/A N/A
US
CBRE Group Inc
NYSE:CBRE
39.9
37%
1.1
CN
K
Ke Holdings Inc
HKEX:2423
33.6
-1%
N/A
US
Zillow Group Inc
NASDAQ:ZG
Negative Multiple: -198.5 N/A N/A
US
Jones Lang LaSalle Inc
NYSE:JLL
21.1
25%
0.8
CA
Colliers International Group Inc
TSX:CIGI
45.1
41%
1.1
US
C
Compass Inc
NYSE:COMP
Negative Multiple: -43.7 N/A N/A
UK
Cushman & Wakefield PLC
NYSE:CWK
15
40%
0.4
HK
C
China Overseas Property Holdings Ltd
HKEX:2669
11.3
12%
0.9
US
Newmark Group Inc
NASDAQ:NMRK
29.8
77%
0.4
UK
Savills PLC
LSE:SVS
25.4
39%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
FirstService Corp
TSX:FSV
Average EV/EBIT: 18.6
26.7
10%
2.7
US
CBRE Group Inc
NYSE:CBRE
28.4
29%
1
CN
K
Ke Holdings Inc
HKEX:2423
23.6
41%
0.6
US
Zillow Group Inc
NASDAQ:ZG
Negative Multiple: -91.5 N/A N/A
US
Jones Lang LaSalle Inc
NYSE:JLL
14.9
14%
1.1
CA
Colliers International Group Inc
TSX:CIGI
22.6
12%
1.9
US
C
Compass Inc
NYSE:COMP
Negative Multiple: -56 N/A N/A
UK
Cushman & Wakefield PLC
NYSE:CWK
11.5
20%
0.6
HK
C
China Overseas Property Holdings Ltd
HKEX:2669
6
11%
0.5
US
Newmark Group Inc
NASDAQ:NMRK
19.8
39%
0.5
UK
Savills PLC
LSE:SVS
13.4
25%
0.5

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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