Fiera Capital (TSX:FSZ) Quick Ratio: 1.44 (As of Mar. 2026) — Near Median


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
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What is Fiera Capital Quick Ratio?

Fiera Capital TSX:FSZ -1.72% 71 Quick Ratio is 1.44 as of Mar. 2026, which is 7% above its 10-year median of 1.34. 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 709 Asset Management companies, Fiera Capital ranks worse than 68.83% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Fiera Capital's quick ratio for the quarter that ended in Mar. 2026 was 1.44.

Fiera Capital has a quick ratio of 1.44. It generally indicates good short-term financial strength.

The historical rank and industry rank for Fiera Capital's Quick Ratio or its related term are showing as below:

TSX:FSZ' s Quick Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.34   Max: 1.95
Current: 1.44

During the past 13 years, Fiera Capital's highest Quick Ratio was 1.95. The lowest was 1.11. And the median was 1.34.

TSX:FSZ's Quick Ratio is ranked worse than
68.83% of 709 companies
in the Asset Management industry
Industry Median: 2.81 vs TSX:FSZ: 1.44

Fiera Capital  (TSX:FSZ) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Fiera Capital Quick Ratio Related Terms


Fiera Capital Quick Ratio Historical Data

* Premium members only.

The historical data trend for Fiera Capital's Quick Ratio 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 Quick Ratio Chart

Fiera Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.11 1.17 1.26 1.20

Fiera Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 1.41 1.44 1.30 1.20 1.44

TSX:FSZ vs BLK, BX, KKR: Quick Ratio Comparison

For the Asset Management subindustry, Fiera Capital's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Asset Management Industry

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

* The bar in red indicates where Fiera Capital's Quick Ratio falls into.


TSX:FSZ
71GF Score
Fiera Capital Corp TSX:FSZ
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiera Capital Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(226.737-0)/189.077
=1.20

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

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(235.049-0)/162.909
=1.44

* 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 Quick Ratio →
What does a Quick Ratio of 1.44 mean?
Fiera Capital (TSX:FSZ) has a Quick Ratio of 1.44 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fiera Capital and its competitors. This is near median its historical median of 1.34. Over the past decade, Fiera Capital's Quick Ratio has ranged from 1.11 to 1.95. According to the industry distribution chart, Fiera Capital ranks #488 out of 709 companies in the Asset Management industry, placing it in the top 68.8%.
Is Fiera Capital's Quick Ratio too high?
Fiera Capital's current Quick Ratio of 1.44 is near median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 1.95. The Asset Management industry median Quick Ratio is 2.81. Fiera Capital's value of 1.44 is 48.8% below this industry median. Based on the distribution chart, Fiera Capital ranks #488 out of 709 companies in the Asset Management industry, which is below 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 Quick Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Fiera Capital ranks #488 out of 709 companies for Quick Ratio. This places Fiera Capital in the lower half of its industry. The industry median Quick Ratio is 2.81. Fiera Capital's value of 1.44 is 48.8% below this benchmark. Historically, Fiera Capital's own Quick Ratio has ranged from 1.11 to 1.95 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 2.81, 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 Quick Ratio for an Asset Management company?
The median Quick Ratio among Asset Management companies is 2.81, based on 709 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fiera Capital's current Quick Ratio of 1.44 is 48.8% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fiera Capital and its competitors. For the Asset Management industry, the median Quick Ratio is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Capital's current Quick Ratio is 1.44, which is near median its own 10-year median of 1.34. 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 Quick Ratio is 1.44, which is near median its 10-year median of 1.34 and 48.8% below the Asset Management industry median of 2.81. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Fiera Capital (TSX:FSZ), the current Quick Ratio is 1.44 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:

  • Quick Ratio: 1.44 (near median its 10-year median of 1.34)
  • GF Value™: C$6.43 vs. price of C$5.15 (19.9% below fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 48.8% below the Asset Management median (#488 of 709)

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

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Quick Ratio 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