FirstService Corporation (FSV)

144.11USD +0.84% (+1.20)

Over 1M: +0.1%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

137.5 140 142.5 145
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Annual

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
FY21 — Revenue: 3.2B FY21 — Operating Income: 201.6M FY21 — Free Cash Flow: 109.1M FY21 — Net Income: 156.1M FY22 — Revenue: 3.7B FY22 — Operating Income: 219M FY22 — Free Cash Flow: 28.3M FY22 — Net Income: 145M FY23 — Revenue: 4.3B FY23 — Operating Income: 244.9M FY23 — Free Cash Flow: 187.6M FY23 — Net Income: 147M FY24 — Revenue: 5.2B FY24 — Operating Income: 337.5M FY24 — Free Cash Flow: 172.9M FY24 — Net Income: 187.8M FY25 — Revenue: 5.5B FY25 — Operating Income: 338.1M FY25 — Free Cash Flow: 318.2M FY25 — Net Income: 190.7M 0 1.5B 3B 4.5B 6B
FY21 FY22 FY23 FY24 FY25
Revenue Operating Income Free Cash Flow Net Income

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

3.8
SBC / sales 0.5%
Adj. EBITDA margin 10.0%
OE margin 5.3%
Oper. margin 6.1%
ROIC 11.6%
Accruals -6.0%
Asset turnover 1.3×
ROA 4.5%
ROCE 9.9%
ROE 13.9%
Capex / sales 2.3%
EBITDA margin 9.5%
FCF margin 5.8%
OCF / EBIT 1.3×
Profit margin 3.5%
Gross margin 30.2%
OCF margin 8.1%

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

6.9
EV/OE 25.8×
EV/EBIT 22.2×
EV/Sales 1.4×
FCF yield 4.8%
Div. yield 0.74%
P/B 4.8×
P/E 34.5×
Shareholder yield 0.74%
P/C 42.7×
EV/GP —
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

6.5
Gross margin stability across years 0.55 pp
Revenue growth in the worst year on record 5.4%
Cash-flow margin stability 2.4 pp
RPO / sales 0.038×
Prepaid revenue growth 9.6%
Segment HHI 0.51 HHI
RPO growth —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

4.8
Current ratio 2.2×
ND/EBITDA -0.12
Interest cover 4.4×
Payout 25.6%
Quick ratio 1.4×
Debt payback 2.9 yr
F-score 6.0 pts
Net debt / Eq 0.67×
Cash / Debt 0.14×
Debt / Eq 0.79×
Equity / Assets 32.1%
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

3.0
Most recent margin move 0.01
Operating margin trend -0.014
Sales CAGR 4Y +14.1%
Sales/sh Y/Y +4.3%
Div. growth +11.5%
EBIT CAGR +13.8%
Shares change +1.0%
EPS Y/Y +0.53%
EBIT Y/Y +0.17%
EPS CAGR 4Y —
EPS next Y —
Gross profit Y/Y —
Sales Q/Q —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.