Company Valuation: FirstService Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,630 5,417 7,254 8,191 7,116 6,565 - -
Change - -37.23% 33.93% 12.91% -13.12% -7.75% - -
Enterprise Value (EV) 1 8,630 6,015 8,249 9,246 8,045 7,254 6,917 6,633
Change - -30.3% 37.14% 12.09% -13% -9.83% -4.64% -4.11%
P/E 64.4x 45x 72.6x 60.9x 49.1x 35.4x 30.2x 26.7x
PBR - 5.97x 7.09x 6.9x 5.18x 4.14x 3.71x 3.33x
PEG - -4.2x -4.1x 1.9x 7.29x 1.3x 1.8x 2x
Capitalization / Revenue 2.66x 1.45x 1.67x 1.57x 1.29x 1.13x 1.06x 1.02x
EV / Revenue 2.66x 1.61x 1.9x 1.77x 1.46x 1.25x 1.12x 1.03x
EV / EBITDA 26.4x 17.1x 19.8x 18x 14.3x 12.3x 10.9x 10.1x
EV / EBIT 42.8x 27.5x 33.7x 27.4x 23.8x 20.1x 17x 15.3x
EV / FCF 79.1x 213x 44x 53.5x 25.3x 23.5x 22.1x 17.8x
FCF Yield 1.26% 0.47% 2.27% 1.87% 3.96% 4.25% 4.53% 5.63%
Dividend per Share 2 - 0.81 0.9 1 - 1.195 1.3 1.429
Rate of return - 0.66% 0.55% 0.55% - 0.84% 0.91% 1%
EPS 2 3.05 2.72 2.24 2.97 3.17 4.035 4.722 5.339
Distribution rate - 29.8% 40.2% 33.7% - 29.6% 27.5% 26.8%
Net sales 1 3,249 3,746 4,335 5,217 5,498 5,820 6,188 6,409
EBITDA 1 327.4 351.7 415.7 513.7 562.8 590.3 634.1 656.3
EBIT 1 201.6 219 244.9 337.5 338.1 361.4 405.8 434.2
Net income 1 135.2 121.1 100.4 134.4 145 185.1 216.9 243
Net Debt 1 - 598.2 994.5 1,055 928.3 689.1 352.2 67.92
Reference price 2 196.45 122.51 162.54 180.97 155.68 142.77 142.77 142.77
Nbr of stocks (in thousands) 43,930 44,214 44,633 45,262 45,712 45,982 - -
Announcement Date 15/02/22 07/02/23 06/02/24 05/02/25 04/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.39x1.25x12.29x0.84% 6.56B
21.8x0.97x11.86x-.--% 41.3B
19.64x0.73x6.9x2.46% 17.53B
14.5x0.53x9.26x-.--% 15.04B
19.26x8.13x15.3x4.8% 9.62B
40.73x2.42x9.46x-.--% 7.64B
50.21x1.11x8.42x0.31% 5.05B
36.98x15.35x - 1.71% 4.67B
16.15x0.94x5.38x0.78% 2.72B
12.01x0.59x6.48x4.09% 1.68B
Average 26.67x 3.20x 9.48x 1.5% 11.18B
Weighted average by Cap. 23.99x 2.21x 10.44x 1.01%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. FSV Stock
  4. Valuation FirstService Corporation