Fiera Capital (TSX:FSZ) Financial Strength: 3 (As of Jun. 2026) — 25% Below Median

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TSX:FSZ Fiera Capital Corp TSX:FSZ
59 GF Score
Price C$4.47
GF Value C$6.31
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Fiera Capital Financial Strength?

Fiera Capital TSX:FSZ -5.89% 59 Financial Strength is 3 as of Jun. 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates TSX:FSZ with a GF Score™ of 59/100 and a GF Value™ of C$6.31 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Fiera Capital has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Fiera Capital Corp displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Fiera Capital's Interest Coverage for the quarter that ended in Jun. 2026 was 2.36. Fiera Capital's debt to revenue ratio for the quarter that ended in Jun. 2026 was 1.33. As of today, Fiera Capital's Altman Z-Score is 0.48.


Fiera Capital  (TSX:FSZ) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Fiera Capital has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Fiera Capital Financial Strength Related Terms


TSX:FSZ vs BLK, BX, KKR: Financial Strength Comparison

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

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

* The bar in red indicates where Fiera Capital's Financial Strength falls into.


TSX:FSZ
59GF Score
Fiera Capital Corp TSX:FSZ
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiera Capital Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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:

Fiera Capital's Interest Expense for the months ended in Jun. 2026 was C$-11.1 Mil. Its Operating Income for the months ended in Jun. 2026 was C$26.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$817.3 Mil.

Fiera Capital's Interest Coverage for the quarter that ended in Jun. 2026 is

Interest Coverage=-1*Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*26.135/-11.064
=2.36

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Fiera Capital Corp interest coverage is 2.45, which is low.

2. Debt to revenue ratio. The lower, the better.

Fiera Capital's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(9.984 + 817.315) / 619.892
=1.33

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Fiera Capital has a Z-score of 0.48, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.48 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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 Financial Strength →
What does a Financial Strength of 3 mean?
Fiera Capital (TSX:FSZ) has a Financial Strength of 3 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Fiera Capital and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Fiera Capital's Financial Strength has ranged from 3.00 to 5.00.
Is Fiera Capital's Financial Strength too high?
Fiera Capital's current Financial Strength of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 5.00. Overall, Fiera Capital has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fiera Capital's Financial Strength compare to BLK and BX?
Fiera Capital's Financial Strength of 3 can be compared against companies in the Asset Management industry. Historically, Fiera Capital's own Financial Strength has ranged from 3.00 to 5.00 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 Financial Strength for an Asset Management company?
A good Financial Strength depends on the Asset Management industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Fiera Capital and its competitors. Fiera Capital's current Financial Strength is 3, which is 25% below median its own 10-year median of 4.00. 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$6.31, compared to a current price of C$4.47 — trading 29.2% below its estimated fair value. The current Financial Strength is 3, which is 25% below median its 10-year median of 4.00. Fiera Capital's overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Fiera Capital (TSX:FSZ), the current Financial Strength is 3 as of Jun. 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$4.47 is trading 29.2% below its estimated GF Value™ of C$6.31. GuruFocus considers Fiera Capital to be Modestly Undervalued.

Key valuation signals for TSX:FSZ:

  • Financial Strength: 3 (25% below median its 10-year median of 4.00)
  • GF Value™: C$6.31 vs. price of C$4.47 (29.2% below fair value)
  • GF Score™: 59/100 with 5 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.
59GF Score

Get the complete analysis for TSX:FSZ

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

C$4.47
Price
C$6.31
GF Value