FSZ Stock Overview
Fiera Capital Corporation is an employee owned investment manager.
Fiera Capital Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$9.47|
|52 Week High||CA$11.75|
|52 Week Low||CA$8.84|
|1 Month Change||-1.97%|
|3 Month Change||-9.55%|
|1 Year Change||-12.15%|
|3 Year Change||-16.05%|
|5 Year Change||-31.13%|
|Change since IPO||28.84%|
Recent News & Updates
|FSZ||CA Capital Markets||CA Market|
Return vs Industry: FSZ exceeded the Canadian Capital Markets industry which returned -15.1% over the past year.
Return vs Market: FSZ underperformed the Canadian Market which returned -4.1% over the past year.
|FSZ Average Weekly Movement||3.7%|
|Capital Markets Industry Average Movement||6.9%|
|Market Average Movement||10.0%|
|10% most volatile stocks in CA Market||17.3%|
|10% least volatile stocks in CA Market||4.4%|
Stable Share Price: FSZ is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FSZ's weekly volatility (4%) has been stable over the past year.
About the Company
Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios.
Fiera Capital Fundamentals Summary
|FSZ fundamental statistics|
Is FSZ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FSZ income statement (TTM)|
|Cost of Revenue||CA$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.53|
|Net Profit Margin||7.24%|
How did FSZ perform over the long term?See historical performance and comparison
9.1%Current Dividend Yield
Is FSZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FSZ?
Other financial metrics that can be useful for relative valuation.
|What is FSZ's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does FSZ's PE Ratio compare to its peers?
|FSZ PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: FSZ is expensive based on its Price-To-Earnings Ratio (17.7x) compared to the peer average (11.4x).
Price to Earnings Ratio vs Industry
How does FSZ's PE Ratio compare vs other companies in the Canadian Capital Markets Industry?
Price-To-Earnings vs Industry: FSZ is expensive based on its Price-To-Earnings Ratio (17.7x) compared to the Canadian Capital Markets industry average (8.9x)
Price to Earnings Ratio vs Fair Ratio
What is FSZ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||17.7x|
|Fair PE Ratio||16.3x|
Price-To-Earnings vs Fair Ratio: FSZ is expensive based on its Price-To-Earnings Ratio (17.7x) compared to the estimated Fair Price-To-Earnings Ratio (16.3x).
Share Price vs Fair Value
What is the Fair Price of FSZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate FSZ's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate FSZ's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: FSZ is poor value based on its PEG Ratio (1.3x)
Discover undervalued companies
How is Fiera Capital forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FSZ's forecast earnings growth (13.1% per year) is above the savings rate (1.6%).
Earnings vs Market: FSZ's earnings (13.1% per year) are forecast to grow faster than the Canadian market (8.3% per year).
High Growth Earnings: FSZ's earnings are forecast to grow, but not significantly.
Revenue vs Market: FSZ's revenue (2.3% per year) is forecast to grow slower than the Canadian market (7.3% per year).
High Growth Revenue: FSZ's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FSZ's Return on Equity is forecast to be high in 3 years time
Discover growth companies
How has Fiera Capital performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FSZ has a large one-off loss of CA$35.0M impacting its March 31 2022 financial results.
Growing Profit Margin: FSZ's current net profit margins (7.2%) are higher than last year (1.6%).
Past Earnings Growth Analysis
Earnings Trend: FSZ's earnings have grown significantly by 42% per year over the past 5 years.
Accelerating Growth: FSZ's earnings growth over the past year (385.3%) exceeds its 5-year average (42% per year).
Earnings vs Industry: FSZ earnings growth over the past year (385.3%) exceeded the Capital Markets industry 0.2%.
Return on Equity
High ROE: FSZ's Return on Equity (15.9%) is considered low.
Discover strong past performing companies
How is Fiera Capital's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: FSZ's short term assets (CA$249.7M) exceed its short term liabilities (CA$200.8M).
Long Term Liabilities: FSZ's short term assets (CA$249.7M) do not cover its long term liabilities (CA$764.4M).
Debt to Equity History and Analysis
Debt Level: FSZ's net debt to equity ratio (152.1%) is considered high.
Reducing Debt: FSZ's debt to equity ratio has increased from 73.8% to 168% over the past 5 years.
Debt Coverage: FSZ's debt is well covered by operating cash flow (27.3%).
Interest Coverage: FSZ's interest payments on its debt are well covered by EBIT (4.1x coverage).
Discover healthy companies
What is Fiera Capital current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FSZ's dividend (9.08%) is higher than the bottom 25% of dividend payers in the Canadian market (2.03%).
High Dividend: FSZ's dividend (9.08%) is in the top 25% of dividend payers in the Canadian market (5.33%)
Stability and Growth of Payments
Stable Dividend: FSZ's dividends per share have been stable in the past 10 years.
Growing Dividend: FSZ's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (160.4%), FSZ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.1%), FSZ's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Jean-Philippe Lemay, MSc, FCIA, FSA, CAIA, is the Global President of Fiera Capital Corporation since March 19, 2020, and serves as its Chief Executive Officer since January 1, 2022. He served as Chief...
CEO Compensation Analysis
Compensation vs Market: Jean-Philippe's total compensation ($USD2.01M) is about average for companies of similar size in the Canadian market ($USD1.59M).
Compensation vs Earnings: Jean-Philippe's compensation has been consistent with company performance over the past year.
Experienced Management: FSZ's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: FSZ's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Fiera Capital Corporation's employee growth, exchange listings and data sources
- Name: Fiera Capital Corporation
- Ticker: FSZ
- Exchange: TSX
- Founded: 2002
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: CA$971.039m
- Shares outstanding: 102.54m
- Website: https://www.fieracapital.com
Number of Employees
- Fiera Capital Corporation
- 1981 McGill College Avenue
- Suite 1500
- H3A 0H5
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.