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Fiera CapitalTSX:FSZ 70 EV-to-FCF is 10.09 as of Jul. 14, 2026, which is 30% below its 10-year median of 14.42. GuruFocus rates TSX:FSZ with a GF Score™ of 70/100 and a GF Value™ of C$6.46 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 935 Asset Management companies, Fiera Capital ranks better than 65.13% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Fiera Capital's Enterprise Value is C$1,329.2 Mil.
Fiera Capital's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was C$131.7 Mil. Therefore, Fiera Capital's EV-to-FCF for today is 10.09.
The historical rank and industry rank for Fiera Capital's EV-to-FCF or its related term are showing as below:
TSX:FSZ'
s EV-to-FCF Range Over the Past 10 Years
Min: 9.32 Med: 14.42 Max: 45.05
Current: 10.09
During the past 13 years, the highest EV-to-FCF of Fiera Capital was 45.05. The lowest was 9.32. And the median was 14.42.
TSX:FSZ's EV-to-FCF is ranked better than 65.13% of 935
companies
in the Asset Management industry
Industry Median: 14.49
vs TSX:FSZ: 10.09
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Fiera Capital's PE Ratio (TTM) for today is calculated as:
Fiera Capital's share price for today is C$5.33.
Fiera Capital'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 C$0.180.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Fiera Capital EV-to-FCF Related Terms
Fiera Capital EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Fiera Capital's EV-to-FCF 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 Asset Management subindustry, Fiera Capital's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Fiera Capital EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fiera Capital's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Fiera Capital's EV-to-FCF falls into.
Fiera Capital's current Enterprise Value is C$1,329.2 Mil.
Fiera Capital's Free Cash Flow 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 C$131.7 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.
Fiera Capital (TSX:FSZ) has a EV-to-FCF of 10.09 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Fiera Capital and its competitors. This is 30% below median its historical median of 14.42. Over the past decade, Fiera Capital's EV-to-FCF has ranged from 9.32 to 45.05. According to the industry distribution chart, Fiera Capital ranks #326 out of 935 companies in the Asset Management industry, placing it in the top 34.9%.
Is Fiera Capital's EV-to-FCF too high?
Fiera Capital's current EV-to-FCF of 10.09 is 30% below median its 10-year median of 14.42. Over the past 10 years, this metric has ranged from a low of 9.32 to a high of 45.05. The Asset Management industry median EV-to-FCF is 14.49. Fiera Capital's value of 10.09 is 30.4% below this industry median. Based on the distribution chart, Fiera Capital ranks #326 out of 935 companies in the Asset Management industry, which is above the industry midpoint. Overall, Fiera Capital has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fiera Capital's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Fiera Capital ranks #326 out of 935 companies for EV-to-FCF. This puts Fiera Capital in the upper half of its industry. The industry median EV-to-FCF is 14.49. Fiera Capital's value of 10.09 is 30.4% below this benchmark. Historically, Fiera Capital's own EV-to-FCF has ranged from 9.32 to 45.05 over the past decade. While the company's 10-year median is 14.42 vs. the industry median of 14.49, Fiera Capital has consistently been below 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-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.49, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fiera Capital's current EV-to-FCF of 10.09 is 30.4% below 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Fiera Capital and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Capital's current EV-to-FCF is 10.09, which is 30% below median its own 10-year median of 14.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Capital stock overvalued right now?
Based on GuruFocus' analysis, Fiera Capital (TSX:FSZ) is currently considered Modestly Undervalued. The stock's GF Value™ is C$6.46, compared to a current price of C$5.33 — trading 17.5% below its estimated fair value. The current EV-to-FCF is 10.09, which is 30% below median its 10-year median of 14.42 and 30.4% below the Asset Management industry median of 14.49. Fiera Capital's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Fiera Capital (TSX:FSZ), the current EV-to-FCF is 10.09 as of Jul. 14, 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 Fiera Capital (TSX:FSZ) Overvalued in 2026?
Based on GuruFocus' analysis, Fiera Capital stock appears to be undervalued.
The current stock price of C$5.33 is trading 17.5% below its estimated GF Value™ of C$6.46.
GuruFocus considers Fiera Capital to be Modestly Undervalued.
Key valuation signals for TSX:FSZ:
EV-to-FCF: 10.09 (30% below median its 10-year median of 14.42)
GF Value™: C$6.46 vs. price of C$5.33 (17.5% below fair value)
Industry Position: 30.4% below the Asset Management median (#326 of 935)
No single metric tells the full story. See the TSX:FSZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiera Capital Corp is an asset management firm that delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary, and private wealth clients. The company's operating segment is asset management services. Its geographical segments are Canada, the United States of America, Europe, Middle East, & Africa, and Asia. The company derives the majority of its revenue from Canada.
70GF Score
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