FirstService Corporation (FSV) Valuation — DCF, Graham & Comparables

FirstService Corporation (FSV) — Price $144.98 (closing price, October 30, 2026) — Real Estate — Real Estate - Services — NASDAQ

Latest reported results:

Valuation dashboard for FirstService Corporation (FSV) with P/E 44.75, P/B 6.71, EV/EBITDA 15.53 and dividend yield 0.82%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Real Estate companies.

FirstService Corporation (FSV) is a North American enterprise, operating across the United States and Canada, specializing in both residential property management and a comprehensive array of essential property services for both homes and businesses. The company is organized into two primary divisions: FirstService Residential and FirstService Brands.

Analysis Summary

FirstService Corporation reported revenue of $5.52B in the most recent fiscal year, growing at a 5-year CAGR of 14.8%. Net income reached $145.6M, with a 10.8% 5-year CAGR.

Trailing-twelve-month margins: gross margin 29.6%, operating margin 6.0%, net margin 2.6%.

At $144.98 (closing price, October 30, 2026), FSV trades at a P/E of 44.75 and an ROE of 11.82%. Market capitalisation stands at $6.6B.

Balance sheet quality for FSV: current ratio of 1.2. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio44.75
Price / Book6.71
EV / EBITDA15.53
Dividend Yield0.82%

Valuation Models

DCF Fair Value$100.36
vs Current Price-30.8%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
FSVFirstService Corporation$6.6B44.756.7111.8%
CIGIColliers International Group Inc.$4.8B44.752.307.2%
JLLJones Lang LaSalle Incorporated$16.4B15.582.1514.6%
CWKCushman & Wakefield plc$3.1B45.581.543.5%
0HQP.LCBRE Group, Inc.$39.0B26.234.1116.0%
CBRECBRE Group, Inc.$37.1B27.594.3016.0%
BEKEKE Holdings Inc.$19.4B27.111.927.0%
0JPB.LJones Lang LaSalle Incorporated$14.1B14.111.8713.6%

Price

Price$144.98 (closing price, October 30, 2026)
Market Cap$6.6B
ExchangeNASDAQ
CountryCA

Profitability

Return on Equity11.82%
Return on Invested Capital6.93%
Return on Assets3.29%
Gross Margin29.57%
Operating Margin6.00%
Net Margin2.59%

Related companies: CIGI · JLL · CWK · 0HQP.L · CBRE · BEKE · 0JPB.L · CSGP

Explore sector: Real Estate · Real Estate - Services

More sections of FSV: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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