FSV (FirstService) EV-to-EBIT: 24.11 (As of Jul. 17, 2026) — 18% Below Median

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FSV FirstService Corp FSV
86 GF Score
Price $148.84
GF Value $197.64
Valuation Modestly Undervalued
! 3 Warning Signs
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What is FirstService EV-to-EBIT?

FirstService FSV -1.57% 86 EV-to-EBIT is 24.11 as of Jul. 17, 2026, which is 18% below its 10-year median of 29.58. GuruFocus rates FSV with a GF Score™ of 86/100 and a GF Value™ of $197.64 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,357 Real Estate companies, FirstService ranks worse than 74.5% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, FirstService's Enterprise Value is $8,404 Mil. FirstService's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $349 Mil. Therefore, FirstService's EV-to-EBIT for today is 24.11.

The historical rank and industry rank for FirstService's EV-to-EBIT or its related term are showing as below:

FSV' s EV-to-EBIT Range Over the Past 10 Years
Min: -33.38   Med: 29.58   Max: 45.69
Current: 24.11

During the past 13 years, the highest EV-to-EBIT of FirstService was 45.69. The lowest was -33.38. And the median was 29.58.

FSV's EV-to-EBIT is ranked worse than
74.5% of 1357 companies
in the Real Estate industry
Industry Median: 13.6 vs FSV: 24.11

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. FirstService's Enterprise Value for the quarter that ended in Mar. 2026 was $8,041 Mil. FirstService's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $349 Mil. FirstService's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.33%.


FirstService  (NAS:FSV) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

FirstService's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=348.513/8041.23508
=4.33 %

FirstService's Enterprise Value for the quarter that ended in Mar. 2026 was $8,041 Mil.
FirstService's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $349 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FirstService EV-to-EBIT Related Terms


FirstService EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for FirstService's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FirstService EV-to-EBIT Chart

FirstService Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.88 29.42 34.75 29.53 25.84

FirstService Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.57 27.04 30.26 25.84 23.28

FSV vs CBRE, BEKE, JLL: EV-to-EBIT Comparison

For the Real Estate Services subindustry, FirstService's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FirstService EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, FirstService's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where FirstService's EV-to-EBIT falls into.


FSV
86GF Score
FirstService Corp FSV
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FirstService EV-to-EBIT Calculation

FirstService's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8403.931/348.513
=24.11

FirstService's current Enterprise Value is $8,404 Mil.
FirstService's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $349 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 24.11 mean?
FirstService (FSV) has a EV-to-EBIT of 24.11 as of Jul. 17, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on FirstService and its competitors. This is 18% below median its historical median of 29.58. According to the industry distribution chart, FirstService ranks #1011 out of 1357 companies in the Real Estate industry, placing it in the top 74.5%.
Is FirstService's EV-to-EBIT too high?
FirstService's current EV-to-EBIT of 24.11 is 18% below median its 10-year median of 29.58. The Real Estate industry median EV-to-EBIT is 13.60. FirstService's value of 24.11 is 77.3% above this industry median. Based on the distribution chart, FirstService ranks #1011 out of 1357 companies in the Real Estate industry, which is below the industry midpoint. Overall, FirstService has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FirstService's EV-to-EBIT compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, FirstService ranks #1011 out of 1357 companies for EV-to-EBIT. This places FirstService in the lower half of its industry. The industry median EV-to-EBIT is 13.60. FirstService's value of 24.11 is 77.3% above this benchmark. While the company's 10-year median is 29.58 vs. the industry median of 13.60, FirstService has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Real Estate company?
The median EV-to-EBIT among Real Estate companies is 13.60, based on 1,357 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FirstService's current EV-to-EBIT of 24.11 is 77.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on FirstService and its competitors. For the Real Estate industry, the median EV-to-EBIT is 13.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FirstService's current EV-to-EBIT is 24.11, which is 18% below median its own 10-year median of 29.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstService stock overvalued right now?
Based on GuruFocus' analysis, FirstService (FSV) is currently considered Modestly Undervalued. The stock's GF Value™ is $197.64, compared to a current price of $148.84 — trading 24.7% below its estimated fair value. The current EV-to-EBIT is 24.11, which is 18% below median its 10-year median of 29.58 and 77.3% above the Real Estate industry median of 13.60. FirstService's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For FirstService (FSV), the current EV-to-EBIT is 24.11 as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FirstService (FSV) Overvalued in 2026?

Based on GuruFocus' analysis, FirstService stock appears to be undervalued. The current stock price of $148.84 is trading 24.7% below its estimated GF Value™ of $197.64. GuruFocus considers FirstService to be Modestly Undervalued.

Key valuation signals for FSV:

  • EV-to-EBIT: 24.11 (18% below median its 10-year median of 29.58)
  • GF Value™: $197.64 vs. price of $148.84 (24.7% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 77.3% above the Real Estate median (#1011 of 1357)

No single metric tells the full story. See the FSV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FirstService Business Description

Other Exchanges 1GIA:GermanyFSV:Canada
Address 1255 Bay Street, Suite 600, Toronto, ON, CAN, M5R 2A9
FirstService Corp is engaged in outsourcing property services. The company operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high and low-rise condominiums and co-operatives. FirstService Brands generates the majority of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.
86GF Score

Get the complete analysis for FSV

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$148.84
Price
$197.64
GF Value