FirstServiceFSV +0.50%87 EV-to-EBITDA is 15.29 as of Jul. 10, 2026, which is 25% below its 10-year median of 20.37. GuruFocus rates FSV with a GF Score™ of 87/100 and a GF Value™ of $195.85 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,384 Real Estate companies, FirstService ranks worse than 60.48% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, FirstService's enterprise value is $8,222 Mil.
FirstService's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $538 Mil. Therefore, FirstService's EV-to-EBITDA for today is 15.29.
The historical rank and industry rank for FirstService's EV-to-EBITDA or its related term are showing as below:
FSV'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -72 Med: 20.37 Max: 30.48
Current: 15.29
During the past 13 years, the highest EV-to-EBITDA of FirstService was 30.48. The lowest was -72.00. And the median was 20.37.
FSV's EV-to-EBITDA is ranked worse than 60.48% of 1384
companies
in the Real Estate industry
Industry Median: 12.46
vs FSV: 15.29
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
FirstService (NAS:FSV) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
FirstService's PE Ratio (TTM) for today is calculated as:
FirstService's share price for today is $143.44.
FirstService's Earnings per Share (Diluted) 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 $3.540.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for FirstService's EV-to-EBITDA 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.
For the Real Estate Services subindustry, FirstService's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, FirstService's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where FirstService's EV-to-EBITDA falls into.
FirstService's current Enterprise Value is $8,222 Mil.
FirstService's EBITDA 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 $538 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 (FSV) has a EV-to-EBITDA of 15.29 as of Jul. 10, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on FirstService. This is 25% below median its historical median of 20.37. According to the industry distribution chart, FirstService ranks #837 out of 1384 companies in the Real Estate industry, placing it in the top 60.5%.
Is FirstService's EV-to-EBITDA too high?
FirstService's current EV-to-EBITDA of 15.29 is 25% below median its 10-year median of 20.37. The Real Estate industry median EV-to-EBITDA is 12.46. FirstService's value of 15.29 is 22.7% above this industry median. Based on the distribution chart, FirstService ranks #837 out of 1384 companies in the Real Estate industry, which is below the industry midpoint. Overall, FirstService has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FirstService's EV-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, FirstService ranks #837 out of 1384 companies for EV-to-EBITDA. This places FirstService in the lower half of its industry. The industry median EV-to-EBITDA is 12.46. FirstService's value of 15.29 is 22.7% above this benchmark. While the company's 10-year median is 20.37 vs. the industry median of 12.46, 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-EBITDA for a Real Estate company?
The median EV-to-EBITDA among Real Estate companies is 12.46, based on 1,384 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FirstService's current EV-to-EBITDA of 15.29 is 22.7% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on FirstService. For the Real Estate industry, the median EV-to-EBITDA is 12.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FirstService's current EV-to-EBITDA is 15.29, which is 25% below median its own 10-year median of 20.37. 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 $195.85, compared to a current price of $143.44 — trading 26.8% below its estimated fair value. The current EV-to-EBITDA is 15.29, which is 25% below median its 10-year median of 20.37 and 22.7% above the Real Estate industry median of 12.46. FirstService's overall GF Score™ is 87/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For FirstService (FSV), the current EV-to-EBITDA is 15.29 as of Jul. 10, 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 $143.44 is trading 26.8% below its estimated GF Value™ of $195.85.
GuruFocus considers FirstService to be Modestly Undervalued.
Key valuation signals for FSV:
EV-to-EBITDA: 15.29 (25% below median its 10-year median of 20.37)
GF Value™: $195.85 vs. price of $143.44 (26.8% below fair value)
Industry Position: 22.7% above the Real Estate median (#837 of 1384)
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 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.
87GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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