Added to YB: 2025-07-29
Pitch date: 2025-07-25
FSV.TO [neutral]
FirstService Corporation
-22.25%
current return
Author Info
No bio for this author
Company Info
FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada.
Market Cap
CAD 7.1B
Pitch Price
CAD 273.86
Price Target
N/A
Dividend
0.70%
EV/EBITDA
14.61
P/E
51.52
EV/Sales
1.62
Sector
Real Estate Management and Development
Category
growth
FirstService Corp (FSV.TO) Solid Results, But Hold for Now
FSV.TO (earnings update): Beat Q2 with profits/sales up, driven by acquisitions & improved organic growth (1.9% vs 0.1% in Q1). Brands division margins expanded to 11.6% (vs 10.9%) from cost savings. Management expects better results into late 2025-2026. Hold rating - solid long-term but fairly valued after 8% earnings pop.
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