FirstServiceFSV +2.20%87 Interest Coverage is 3.15 as of Mar. 2026, which is 64% below its 10-year median of 8.87. GuruFocus rates FSV with a GF Score™ of 87/100 and a GF Value™ of $196.78 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,296 Real Estate companies, FirstService ranks better than 54.17% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. FirstService's
Operating Income
for the
three
months ended in Mar. 2026 was $48 Mil. FirstService's Interest Expense for the
three
months ended in Mar. 2026 was $-15 Mil.
FirstService's interest coverage for the quarter that ended in Mar. 2026 was 3.15.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for FirstService's Interest Coverage or its related term are showing as below:
FSV'
s Interest Coverage Range Over the Past 10 Years
Min: 3.9 Med: 8.87 Max: 13.32
Current: 4.98
FSV's Interest Coverage is ranked better than 54.17% of 1296
companies
in the Real Estate industry
Industry Median: 4.245
vs FSV: 4.98
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
FirstService Interest Coverage Related Terms
FirstService Interest Coverage Historical Data
* Premium members only.
The historical data trend for FirstService's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Real Estate Services subindustry, FirstService's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, FirstService's Interest Coverage distribution charts can be found below:
* The bar in red indicates where FirstService's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 Interest Coverage of 3.15 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on FirstService and its competitors. This is 64% below median its historical median of 8.87. Over the past decade, FirstService's Interest Coverage has ranged from 3.90 to 13.32. According to the industry distribution chart, FirstService ranks #594 out of 1296 companies in the Real Estate industry, placing it in the top 45.8%.
Is FirstService's Interest Coverage too high?
FirstService's current Interest Coverage of 3.15 is 64% below median its 10-year median of 8.87. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 13.32. The Real Estate industry median Interest Coverage is 4.25. FirstService's value of 3.15 is 25.8% below this industry median. Based on the distribution chart, FirstService ranks #594 out of 1296 companies in the Real Estate industry, which is above the industry midpoint. Overall, FirstService has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FirstService's Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, FirstService ranks #594 out of 1296 companies for Interest Coverage. This puts FirstService in the upper half of its industry. The industry median Interest Coverage is 4.25. FirstService's value of 3.15 is 25.8% below this benchmark. Historically, FirstService's own Interest Coverage has ranged from 3.90 to 13.32 over the past decade. While the company's 10-year median is 8.87 vs. the industry median of 4.25, FirstService 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 Interest Coverage for a Real Estate company?
The median Interest Coverage among Real Estate companies is 4.25, based on 1,296 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FirstService's current Interest Coverage of 3.15 is 25.8% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on FirstService and its competitors. For the Real Estate industry, the median Interest Coverage is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FirstService's current Interest Coverage is 3.15, which is 64% below median its own 10-year median of 8.87. 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 Significantly Undervalued. The stock's GF Value™ is $196.78, compared to a current price of $135.69 — trading 31% below its estimated fair value. The current Interest Coverage is 3.15, which is 64% below median its 10-year median of 8.87 and 25.8% below the Real Estate industry median of 4.25. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For FirstService (FSV), the current Interest Coverage is 3.15 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 FirstService (FSV) Overvalued in 2026?
Based on GuruFocus' analysis, FirstService stock appears to be undervalued.
The current stock price of $135.69 is trading 31% below its estimated GF Value™ of $196.78.
GuruFocus considers FirstService to be Significantly Undervalued.
Key valuation signals for FSV:
Interest Coverage: 3.15 (64% below median its 10-year median of 8.87)
GF Value™: $196.78 vs. price of $135.69 (31% below fair value)
Industry Position: 25.8% below the Real Estate median (#594 of 1296)
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
Get the complete analysis for FSV
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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