Fiera Capital (TSX:FSZ) Total Payout Ratio: 2.30 (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:FSZ Fiera Capital Corp TSX:FSZ
71 GF Score
Price C$5.23
GF Value C$6.46
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Fiera Capital Total Payout Ratio?

Fiera Capital TSX:FSZ -1.69% 71 Total Payout Ratio is 2.30 as of Jul. 20, 2026. GuruFocus rates TSX:FSZ with a GF Score™ of 71/100 and a GF Value™ of C$6.46 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Fiera Capital's current Total Payout Ratio is 2.30.

Fiera Capital Total Payout Ratio Related Terms

Fiera Capital Total Payout Ratio Historical Data

* Premium members only.

The historical data trend for Fiera Capital's Total Payout 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 Total Payout Ratio Chart

Fiera Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 3.87 1.39 3.04 1.38

Fiera Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Payout 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 0.10 6.82 1.51 1.30 0.77

TSX:FSZ vs BLK, BX, KKR: Total Payout Ratio Comparison

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

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

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


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

Fiera Capital Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

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

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (-13.548 + 0 + -57.393) / 51.557
=1.38

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

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (-3.668 + 0 + 0) / 4.736
=0.77

* 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 Total Payout Ratio →
What does a Total Payout Ratio of 2.30 mean?
Fiera Capital (TSX:FSZ) has a Total Payout Ratio of 2.30 as of Jul. 20, 2026. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Fiera Capital and its competitors.
Is Fiera Capital's Total Payout Ratio too high?
Fiera Capital's current Total Payout Ratio is 2.30. 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 Total Payout Ratio compare to BLK and BX?
Fiera Capital's Total Payout Ratio of 2.30 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 Total Payout Ratio for an Asset Management company?
A good Total Payout Ratio depends on the Asset Management industry context. However, Total Payout Ratio 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 Total Payout Ratio mean?
A high Total Payout Ratio can signal that a stock is expensive relative to its fundamentals. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Fiera Capital and its competitors. Fiera Capital's current Total Payout Ratio is 2.30. 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$6.46, compared to a current price of C$5.23 — trading 19% below its estimated fair value. The current Total Payout Ratio is 2.30. 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 Total Payout Ratio calculated?
Total Payout Ratio is calculated from a company's financial statements. For Fiera Capital (TSX:FSZ), the current Total Payout Ratio is 2.30 as of Jul. 20, 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$5.23 is trading 19% below its estimated GF Value™ of C$6.46. GuruFocus considers Fiera Capital to be Modestly Undervalued.

Key valuation signals for TSX:FSZ:

  • Total Payout Ratio: 2.30
  • GF Value™: C$6.46 vs. price of C$5.23 (19% 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

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

C$5.23
Price
C$6.46
GF Value