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31.91 (1y: +23%)
Market Cap 981.43 M P/E(ttm) 164.40
Enterprise Value 1.53 B P/B 4.10
FSRV- NAS (USA)
FirstService Corporation
  • Currently 4.5/5
Business Predictability Rank: 4.5-Star
Back Testing Results:
Average gain of all 4.5-Star stocks: 10.6% per year.
% of Stocks that are in still loss if held for 10yrs: 10%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$31.91
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GuruFocus Financial Strength Rank measures how strong a companyÂ’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.262
FSRV's Cash to Debt is ranked lower than
56% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 0.58 vs. FSRV: 0.262 )
FSRV' s 10-Year Cash to Debt Range
Min: 0.03   Max: 0.68
Current: 0.26
0.03
0.68
Equity to Asset -0.258
FSRV's Equity to Asset is ranked lower than
96% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 0.40 vs. FSRV: -0.258 )
FSRV' s 10-Year Equity to Asset Range
Min: -0.34   Max: -0.04
Current: -0.26
-0.34
-0.04
Interest Coverage 4
FSRV's Interest Coverage is ranked higher than
69% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 4526.60 vs. FSRV: 4 )
FSRV' s 10-Year Interest Coverage Range
Min: 3   Max: 8
Current: 4
3
8
F-Score: 4
Z-Score: 2.36
M-Score: -2.5
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 3.40
FSRV's Operating margin (%) is ranked lower than
59% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 12.80 vs. FSRV: 3.40 )
FSRV' s 10-Year Operating margin (%) Range
Min: 2.2   Max: 8.8
Current: 3.4
2.2
8.8
Net-margin (%) 0.3
FSRV's Net-margin (%) is ranked lower than
63% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 7.45 vs. FSRV: 0.3 )
FSRV' s 10-Year Net-margin (%) Range
Min: -2.6   Max: 6.5
Current: 0.3
-2.6
6.5
ROE (%) 2.4
FSRV's ROE (%) is ranked higher than
52% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 4.40 vs. FSRV: 2.4 )
FSRV' s 10-Year ROE (%) Range
Min: -27   Max: 30.4
Current: 2.4
-27
30.4
ROA (%) 0.4
FSRV's ROA (%) is ranked lower than
57% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 1.60 vs. FSRV: 0.4 )
FSRV' s 10-Year ROA (%) Range
Min: -4.4   Max: 9.8
Current: 0.4
-4.4
9.8
ROC (Joel Greenblatt) (%) 100.70
FSRV's ROC (Joel Greenblatt) (%) is ranked higher than
97% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 7.60 vs. FSRV: 100.70 )
FSRV' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 38.8   Max: 317.3
Current: 100.7
38.8
317.3
Revenue Growth (%) 7.1
FSRV's Revenue Growth (%) is ranked higher than
98% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 2.00 vs. FSRV: 7.1 )
FSRV' s 10-Year Revenue Growth (%) Range
Min: -4.4   Max: 32.6
Current: 7.1
-4.4
32.6
EBITDA Growth (%) 11
FSRV's EBITDA Growth (%) is ranked higher than
94% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 8.40 vs. FSRV: 11 )
FSRV' s 10-Year EBITDA Growth (%) Range
Min: -11.5   Max: 30.5
Current: 11
-11.5
30.5
EPS Growth (%) -49.7
FSRV's EPS Growth (%) is ranked higher than
87% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 8.10 vs. FSRV: -49.7 )
FSRV' s 10-Year EPS Growth (%) Range
Min: -49.7   Max: 35.8
Current: -49.7
-49.7
35.8
» FSRV's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

FSRV Guru Trades in Q2 2012

Jeff Auxier 9,216 sh (unchged)
Louis Moore Bacon 25,000 sh (unchged)
Jim Simons 349,300 sh (-7.2%)
» More
Q3 2012

FSRV Guru Trades in Q3 2012

Louis Moore Bacon 32,000 sh (+28%)
Jeff Auxier 9,216 sh (unchged)
Jim Simons 332,400 sh (-4.84%)
» More
Q4 2012

FSRV Guru Trades in Q4 2012

Louis Moore Bacon Sold Out
Jim Simons 324,900 sh (-2.26%)
Jeff Auxier 7,216 sh (-21.7%)
» More
Q1 2013

FSRV Guru Trades in Q1 2013

Jim Simons 325,800 sh (+0.28%)
Jeff Auxier 7,216 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with FSRV

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ron Baron 2011-09-30 Sold Out 0.0025%$26.11 - $36.19 $ 31.910%0
Ron Baron 2011-06-30 Add 35.98%$33.26 - $40.08 $ 31.91-14%12850
Ron Baron 2011-03-31 New Buy$28.5 - $37.33 $ 31.912%9450
Premium More recent guru trades are included for Premium Members only!!

Preferred stocks of FirstService Corporation

SymbolPriceYieldDescription
FSV.PR.U.Canada26.076.71

Ratios

vs
industry		 vs
history
P/E(ttm) 164.40
FSRV's P/E(ttm) is ranked higher than
75% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 18.89 vs. FSRV: 164.40 )
FSRV' s 10-Year P/E(ttm) Range
Min: 3.68   Max: 269.34
Current: 164.4
3.68
269.34
P/B 4.10
FSRV's P/B is ranked lower than
86% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 1.27 vs. FSRV: 4.10 )
FSRV' s 10-Year P/B Range
Min: 0.81   Max: 15.95
Current: 4.1
0.81
15.95
P/S 0.40
FSRV's P/S is ranked higher than
88% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 2.55 vs. FSRV: 0.40 )
FSRV' s 10-Year P/S Range
Min: 0.21   Max: 1.1
Current: 0.4
0.21
1.1
PFCF 20.70
FSRV's PFCF is ranked lower than
52% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 14.78 vs. FSRV: 20.70 )
FSRV' s 10-Year PFCF Range
Min: 4.49   Max: 140.47
Current: 20.7
4.49
140.47
EV-to-EBIT 18.5
FSRV's EV-to-EBIT is ranked lower than
54% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 20.04 vs. FSRV: 18.5 )
FSRV' s 10-Year EV-to-EBIT Range
Min: 6.1   Max: 72.1
Current: 18.5
6.1
72.1
Shiller P/E 55
FSRV's Shiller P/E is ranked higher than
96% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 19.84 vs. FSRV: 55 )
FSRV' s 10-Year Shiller P/E Range
Min: 7   Max: 58.44
Current: 55
7
58.44

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 4.3
FSRV's Price/Net Current Asset Value is ranked higher than
86% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 2.70 vs. FSRV: 4.3 )
FSRV' s 10-Year Price/Net Current Asset Value Range
Min: 3.2   Max: 10.9
Current: 4.3
3.2
10.9
Price/DCF (Projected) 2.1
FSRV's Price/DCF (Projected) is ranked higher than
90% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 1.80 vs. FSRV: 2.1 )
FSRV' s 10-Year Price/DCF (Projected) Range
Min: 0.4   Max: 7.8
Current: 2.1
0.4
7.8
Price/Median PS Value 0.7
FSRV's Price/Median PS Value is ranked higher than
63% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 0.90 vs. FSRV: 0.7 )
FSRV' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 1.5
Current: 0.7
0.5
1.5
Earnings Yield (Greenblatt) 5.40
FSRV's Earnings Yield (Greenblatt) is ranked higher than
91% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 4.50 vs. FSRV: 5.40 )
FSRV' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.4   Max: 16.3
Current: 5.4
1.4
16.3
Forward Rate of Return (Yacktman) 26.36
FSRV's Forward Rate of Return (Yacktman) is ranked lower than
77% of the 569 Companies
in the Global Real Estate Services industry.

( Industry Median: 3.40 vs. FSRV: 26.36 )
FSRV' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -12.2   Max: 30.8
Current: 26.36
-12.2
30.8

Business Description

FirstService Corporation was formed under the Business Corporations Act (Ontario) in 1988. The Company operates in the property services sector, providing services in the following areas: commercial real estate; residential property management; and property services. The Company is an international commercial real estate services provider, which offers a range of commercial real estate services in the United States, Canada, Australia, and several other countries in Europe, Asia and Latin America. It provides services to owners, investors and tenants, including brokerage, property management and maintenance, valuation, project management, and corporate advisory services. This division operates mainly under the Colliers International and FirstService Commercial Real Estate brand names. The Company is a manager of private residential communities in North America. Private residential communities include condominiums, cooperatives, gated communities, homeowner associations and a number of other residential developments governed by common interest or multi-unit residential community associations. It manages more than 1 million residential units in 3,700 community associations in 18 American states. This division operates under the umbrella brand name FirstService Residential Management, along with regional brands. In Florida, it operates mainly under the Continental brand. In the mid-Atlantic region, it operates mainly under the Wentworth, Cooper Square, Planned Companies, and American Pool brands. In Arizona, it operates as Rossmar & Graham, in Illinois as Wolin-Levin, in Nevada as RMI, in Texas as Premier and in California, it operates as Merit. The Company is a full-service property manager and in many markets it provides a range of ancillary services including grounds maintenance, landscaping, painting, pest control, irrigation, home service contracts, real estate sales and leasing, heating, air conditioning, plumbing and swimming pool management and maintenance. In its Property Services division, the Company provides a number of residential and commercial services in North America through three service delivery channels: vendor networks, franchising and branchising. The main brands in this division include Field Asset Services (FAS), California Closet Company, Paul Davis Restoration, CertaPro Painters, College Pro Painters, Pillar to Post Home Inspection, Handyman Connection and Floorcoverings International. The Company operates in highly competitive markets. The main methods of competition in its businesses include name recognition, quality and speed of service, pricing, customer satisfaction and reputation.
Company Website
Industry: Real Estate Services
Compare:WFGPY, NDVLY, CDEVY, BRMSY, CGNRF
Traded in other countries:FSV.PR.U.Canada, FSV.Canada

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