Fiera Capital (TSX:FSZ) OCF Margin %: -9.07% (As of Mar. 2026)


TSX:FSZ Fiera Capital Corp TSX:FSZ
71 GF Score
Price C$5.15
GF Value C$6.43
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Fiera Capital OCF Margin %?

Fiera Capital TSX:FSZ -1.72% 71 OCF Margin % is -9.07% as of Mar. 2026. GuruFocus rates TSX:FSZ with a GF Score™ of 71/100 and a GF Value™ of C$6.43 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,465 Asset Management companies, Fiera Capital ranks better than 53.79% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Fiera Capital's Cash Flow from Operations for the three months ended in Mar. 2026 was C$-13.8 Mil. Fiera Capital's Revenue for the three months ended in Mar. 2026 was C$152.4 Mil. Therefore, Fiera Capital's OCF Margin % for the quarter that ended in Mar. 2026 was -9.07%.

As of today, Fiera Capital's current OCF Yield % is 24.55%.

The historical rank and industry rank for Fiera Capital's OCF Margin % or its related term are showing as below:

TSX:FSZ' s OCF Margin % Range Over the Past 10 Years
Min: 16.71   Med: 20.1   Max: 23.21
Current: 20.92


During the past 13 years, the highest OCF Margin % of Fiera Capital was 23.21%. The lowest was 16.71%. And the median was 20.10%.

TSX:FSZ's OCF Margin % is ranked better than
53.79% of 1465 companies
in the Asset Management industry
Industry Median: 15.78 vs TSX:FSZ: 20.92


Fiera Capital OCF Margin % Related Terms


Fiera Capital OCF Margin % Historical Data

* Premium members only.

The historical data trend for Fiera Capital's OCF 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.

Fiera Capital OCF Margin % Chart

Fiera Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.21 17.04 20.42 19.82 20.05

Fiera Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.22 26.06 38.02 25.99 -9.07

TSX:FSZ vs BLK, BX, KKR: OCF Margin % Comparison

For the Asset Management subindustry, Fiera Capital's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fiera Capital's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Fiera Capital's OCF Margin % falls into.


TSX:FSZ
71GF Score
Fiera Capital Corp TSX:FSZ
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fiera Capital OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Fiera Capital's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=133.587/666.382
=20.05 %

Fiera Capital's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-13.813/152.364
=-9.07 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of -9.07% mean?
Fiera Capital (TSX:FSZ) has a OCF Margin % of -9.07% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Fiera Capital and its competitors. Over the past decade, Fiera Capital's OCF Margin % has ranged from 16.71 to 23.21. According to the industry distribution chart, Fiera Capital ranks #677 out of 1465 companies in the Asset Management industry, placing it in the top 46.2%.
Is Fiera Capital's OCF Margin % too high?
Fiera Capital's current OCF Margin % is -9.07%. Over the past 10 years, this metric has ranged from a low of 16.71 to a high of 23.21. Based on the distribution chart, Fiera Capital ranks #677 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 OCF Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Fiera Capital ranks #677 out of 1465 companies for OCF Margin %. This puts Fiera Capital in the upper half of its industry. The industry median OCF Margin % is 15.78. Historically, Fiera Capital's own OCF Margin % has ranged from 16.71 to 23.21 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 OCF Margin % for an Asset Management company?
The median OCF Margin % among Asset Management companies is 15.78, based on 1,465 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Fiera Capital and its competitors. For the Asset Management industry, the median OCF Margin % is 15.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Capital's current OCF Margin % is -9.07%. 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 OCF Margin % is -9.07%. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Fiera Capital (TSX:FSZ), the current OCF Margin % is -9.07% 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:

  • OCF Margin %: -9.07%
  • GF Value™: C$6.43 vs. price of C$5.15 (19.9% below fair value)
  • GF Score™: 71/100 with 8 warning signs

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 Business Description

Other Exchanges FRRPF:USAZFS:Germany
Address 1981 McGill College Avenue, Suite 1500, Montreal, QC, CAN, H3A 0H5
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

Get the complete analysis for TSX:FSZ

OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.15
Price
C$6.43
GF Value