Fiera Capital (TSX:FSZ) ROE % Adjusted to Book Value: 1.87% (As of Mar. 2026)


TSX:FSZ Fiera Capital Corp TSX:FSZ
71 GF Score
Price C$5.10
GF Value C$6.43
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Fiera Capital ROE % Adjusted to Book Value?

Fiera Capital TSX:FSZ -0.97% 71 ROE % Adjusted to Book Value is 1.87% 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.

Fiera Capital's ROE % for the quarter that ended in Mar. 2026 was 4.55%. Fiera Capital's PB Ratio for the quarter that ended in Mar. 2026 was 2.43. Fiera Capital's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 1.87%.

Fiera Capital ROE % Adjusted to Book Value Related Terms

Fiera Capital ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Fiera Capital's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Fiera Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.28 2.57 8.89 2.41 5.65

Fiera Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 13.22 2.10 3.34 4.61 1.87

TSX:FSZ vs BLK, BX, KKR: ROE % Adjusted to Book Value Comparison

For the Asset Management subindustry, Fiera Capital's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fiera Capital's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Fiera Capital's ROE % Adjusted to Book Value falls into.


TSX:FSZ
71GF Score
Fiera Capital Corp TSX:FSZ
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiera Capital ROE % Adjusted to Book Value Calculation

Fiera Capital's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=14.30% / 2.53
=5.65%

Fiera Capital's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=4.55% / 2.43
=1.87%

* 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 ROE % Adjusted to Book Value of 1.87% mean?
Fiera Capital (TSX:FSZ) has a ROE % Adjusted to Book Value of 1.87% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Fiera Capital and its competitors.
Is Fiera Capital's ROE % Adjusted to Book Value too high?
Fiera Capital's current ROE % Adjusted to Book Value is 1.87%. 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 ROE % Adjusted to Book Value compare to BLK and BX?
Fiera Capital's ROE % Adjusted to Book Value of 1.87% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Asset Management company?
A good ROE % Adjusted to Book Value depends on the Asset Management industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Fiera Capital and its competitors. Fiera Capital's current ROE % Adjusted to Book Value is 1.87%. 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$5.10 — trading 20.7% below its estimated fair value. The current ROE % Adjusted to Book Value is 1.87%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Fiera Capital (TSX:FSZ), the current ROE % Adjusted to Book Value is 1.87% 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$5.10 is trading 20.7% below its estimated GF Value™ of C$6.43. GuruFocus considers Fiera Capital to be Modestly Undervalued.

Key valuation signals for TSX:FSZ:

  • ROE % Adjusted to Book Value: 1.87%
  • GF Value™: C$6.43 vs. price of C$5.10 (20.7% 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

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.10
Price
C$6.43
GF Value