FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Fiera Capital's Free Cash Flow for the
three
months ended in Mar. 2026 was C$-15.1 Mil. Fiera Capital's Revenue for the
three
months ended in Mar. 2026 was C$152.4 Mil. Therefore, Fiera Capital's FCF Margin % for the quarter that ended in Mar. 2026 was -9.88%.
The historical rank and industry rank for Fiera Capital's FCF Margin % or its related term are showing as below:
TSX:FSZ'
s FCF Margin % Range Over the Past 10 Years
Min: 14.7 Med: 18.72 Max: 21.03
Current: 20
During the past 13 years, the highest FCF Margin % of Fiera Capital was 21.03%. The lowest was 14.70%. And the median was 18.72%.
TSX:FSZ's FCF Margin % is ranked better than 54.13% of 1465
companies
in the Asset Management industry
Industry Median: 14.69
vs TSX:FSZ: 20.00
Fiera Capital FCF Margin % Related Terms
Fiera Capital FCF Margin % Historical Data
* Premium members only.
The historical data trend for Fiera Capital's FCF Margin % 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 FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fiera Capital's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Fiera Capital's FCF Margin % falls into.
* 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 FCF Margin % of -9.88% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Fiera Capital and its competitors. Over the past decade, Fiera Capital's FCF Margin % has ranged from 14.70 to 21.03. According to the industry distribution chart, Fiera Capital ranks #672 out of 1465 companies in the Asset Management industry, placing it in the top 45.9%.
Is Fiera Capital's FCF Margin % too high?
Fiera Capital's current FCF Margin % is -9.88%. Over the past 10 years, this metric has ranged from a low of 14.70 to a high of 21.03. Based on the distribution chart, Fiera Capital ranks #672 out of 1465 companies in the Asset Management industry, which is above the industry midpoint. Overall, Fiera Capital has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fiera Capital's FCF Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Fiera Capital ranks #672 out of 1465 companies for FCF Margin %. This puts Fiera Capital in the upper half of its industry. The industry median FCF Margin % is 14.69. Historically, Fiera Capital's own FCF Margin % has ranged from 14.70 to 21.03 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Asset Management company?
The median FCF Margin % among Asset Management companies is 14.69, based on 1,465 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Fiera Capital and its competitors. For the Asset Management industry, the median FCF Margin % is 14.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Capital's current FCF Margin % is -9.88%. 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$6.43, compared to a current price of C$5.15 — trading 19.9% below its estimated fair value. The current FCF Margin % is -9.88%. Fiera Capital's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Fiera Capital (TSX:FSZ), the current FCF Margin % is -9.88% as of Mar. 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$5.15 is trading 19.9% below its estimated GF Value™ of C$6.43.
GuruFocus considers Fiera Capital to be Modestly Undervalued.
Key valuation signals for TSX:FSZ:
FCF Margin %: -9.88%
GF Value™: C$6.43 vs. price of C$5.15 (19.9% below fair value)
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.
71GF Score
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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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