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Fiera CapitalTSX:FSZ -1.35%58 Intrinsic Value: Projected FCF is C$13.28 as of Sep. 07, 2026. GuruFocus rates TSX:FSZ with a GF Score™ of 58/100 and a GF Value™ of C$6.38 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,218 Asset Management companies, Fiera Capital ranks better than 91.13% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-09-07), Fiera Capital's Intrinsic Value: Projected FCF is C$13.28. The stock price of Fiera Capital is C$4.40. Therefore, Fiera Capital's Price-to-Intrinsic-Value-Projected-FCF of today is 0.3.
The historical rank and industry rank for Fiera Capital's Intrinsic Value: Projected FCF or its related term are showing as below:
TSX:FSZ'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.33 Med: 0.75 Max: 1.72
Current: 0.33
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Fiera Capital was 1.72. The lowest was 0.33. And the median was 0.75.
TSX:FSZ's Price-to-Projected-FCF is ranked better than 91.13% of 1218
companies
in the Asset Management industry
Industry Median: 0.9
vs TSX:FSZ: 0.33
Fiera Capital (TSX:FSZ) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Fiera Capital's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
4.40
/
13.275525803613
=
0.33
* 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 Intrinsic Value: Projected FCF Related Terms
Fiera Capital Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Fiera Capital's Intrinsic Value: Projected 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.
Fiera Capital Intrinsic Value: Projected FCF Chart
TSX:FSZ vs BLK, BX, KKR: Intrinsic Value: Projected FCF Comparison
For the Asset Management subindustry, Fiera Capital's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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 Price-to-Projected-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fiera Capital's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Fiera Capital's Price-to-Projected-FCF falls into.
Fiera Capital Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of C$13.28 mean?
Fiera Capital (TSX:FSZ) has a Intrinsic Value: Projected FCF of C$13.28 as of Sep. 07, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Fiera Capital and its competitors. According to the industry distribution chart, Fiera Capital ranks #108 out of 1218 companies in the Asset Management industry, placing it in the top 8.9%.
Is Fiera Capital's Intrinsic Value: Projected FCF too high?
Fiera Capital's current Intrinsic Value: Projected FCF is C$13.28. Based on the distribution chart, Fiera Capital ranks #108 out of 1218 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Fiera Capital has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fiera Capital's Intrinsic Value: Projected FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Fiera Capital ranks #108 out of 1218 companies for Intrinsic Value: Projected FCF. This places Fiera Capital in the top 9% of its industry — outperforming the majority of peers. The industry median Intrinsic Value: Projected FCF is 0.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Asset Management company?
The median Intrinsic Value: Projected FCF among Asset Management companies is 0.90, based on 1,218 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Fiera Capital and its competitors. For the Asset Management industry, the median Intrinsic Value: Projected FCF is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Capital's current Intrinsic Value: Projected FCF is C$13.28. 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 Possible Value Trap. The stock's GF Value™ is C$6.38, compared to a current price of C$4.40 — trading 31% below its estimated fair value. The current Intrinsic Value: Projected FCF is C$13.28. Fiera Capital's overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Fiera Capital (TSX:FSZ), the current Intrinsic Value: Projected FCF is C$13.28 as of Sep. 07, 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$4.40 is trading 31% below its estimated GF Value™ of C$6.38.
GuruFocus considers Fiera Capital to be Possible Value Trap.
Key valuation signals for TSX:FSZ:
Intrinsic Value: Projected FCF: C$13.28
GF Value™: C$6.38 vs. price of C$4.40 (31% 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.
58GF Score
Get the complete analysis for TSX:FSZ
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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