FirstService Corporation

TSX:FSV Stock Report

Market Cap: CA$12.0b

FirstService Future Growth

Future criteria checks 3/6

FirstService is forecast to grow earnings and revenue by 23.2% and 7.5% per annum respectively. EPS is expected to grow by 22.7% per annum. Return on equity is forecast to be 18.5% in 3 years.

Key information

23.2%

Earnings growth rate

22.7%

EPS growth rate

Real Estate earnings growth22.3%
Revenue growth rate7.5%
Future return on equity18.5%
Analyst coverage

Good

Last updated10 Dec 2024

Recent future growth updates

FirstService Corporation Just Missed EPS By 24%: Here's What Analysts Think Will Happen Next

Apr 26
FirstService Corporation Just Missed EPS By 24%: Here's What Analysts Think Will Happen Next

Recent updates

What You Can Learn From FirstService Corporation's (TSE:FSV) P/E

Dec 16
What You Can Learn From FirstService Corporation's (TSE:FSV) P/E

FirstService (TSE:FSV) Has A Pretty Healthy Balance Sheet

Nov 18
FirstService (TSE:FSV) Has A Pretty Healthy Balance Sheet

Why FirstService Corporation (TSE:FSV) Could Be Worth Watching

Sep 09
Why FirstService Corporation (TSE:FSV) Could Be Worth Watching

FirstService Corporation (TSE:FSV) Might Not Be As Mispriced As It Looks

Aug 19
FirstService Corporation (TSE:FSV) Might Not Be As Mispriced As It Looks

Is FirstService Corporation (TSE:FSV) Worth CA$236 Based On Its Intrinsic Value?

Aug 03
Is FirstService Corporation (TSE:FSV) Worth CA$236 Based On Its Intrinsic Value?

FirstService (TSE:FSV) Seems To Use Debt Quite Sensibly

Jun 20
FirstService (TSE:FSV) Seems To Use Debt Quite Sensibly

At CA$198, Is It Time To Put FirstService Corporation (TSE:FSV) On Your Watch List?

May 23
At CA$198, Is It Time To Put FirstService Corporation (TSE:FSV) On Your Watch List?

FirstService Corporation Just Missed EPS By 24%: Here's What Analysts Think Will Happen Next

Apr 26
FirstService Corporation Just Missed EPS By 24%: Here's What Analysts Think Will Happen Next

Getting In Cheap On FirstService Corporation (TSE:FSV) Might Be Difficult

Apr 24
Getting In Cheap On FirstService Corporation (TSE:FSV) Might Be Difficult

FirstService Corporation's (TSE:FSV) Intrinsic Value Is Potentially 24% Below Its Share Price

Apr 11
FirstService Corporation's (TSE:FSV) Intrinsic Value Is Potentially 24% Below Its Share Price

Shareholders Will Probably Hold Off On Increasing FirstService Corporation's (TSE:FSV) CEO Compensation For The Time Being

Mar 28
Shareholders Will Probably Hold Off On Increasing FirstService Corporation's (TSE:FSV) CEO Compensation For The Time Being

Is Now The Time To Look At Buying FirstService Corporation (TSE:FSV)?

Feb 03
Is Now The Time To Look At Buying FirstService Corporation (TSE:FSV)?

FirstService (TSE:FSV) Has A Pretty Healthy Balance Sheet

Jan 22
FirstService (TSE:FSV) Has A Pretty Healthy Balance Sheet

Here's Why We Think FirstService (TSE:FSV) Might Deserve Your Attention Today

Jan 10
Here's Why We Think FirstService (TSE:FSV) Might Deserve Your Attention Today

Subdued Growth No Barrier To FirstService Corporation's (TSE:FSV) Price

Dec 28
Subdued Growth No Barrier To FirstService Corporation's (TSE:FSV) Price

Earnings and Revenue Growth Forecasts

TSX:FSV - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20265,8561962853844
12/31/20255,5571652533447
12/31/20245,1781422403288
9/30/20244,931108203309N/A
6/30/20244,65280214316N/A
3/31/20244,47491176272N/A
12/31/20234,335100188280N/A
9/30/20234,275132134224N/A
6/30/20234,11913443129N/A
3/31/20233,93012322104N/A
12/31/20223,74612128106N/A
9/30/20223,5831141384N/A
6/30/20223,47212558124N/A
3/31/20223,37312781142N/A
12/31/20213,249135109167N/A
9/30/20213,167126181232N/A
6/30/20213,060113199245N/A
3/31/20212,850104241279N/A
12/31/20202,77287252292N/A
9/30/20202,67370195238N/A
6/30/20202,60358170216N/A
3/31/20202,556-24971122N/A
12/31/20192,407-25261108N/A
9/30/20192,235-2463883N/A
6/30/20192,069-2405396N/A
3/31/20191,9916276117N/A
12/31/20181,931665999N/A
9/30/20181,8726981121N/A
6/30/20181,82958N/A114N/A
3/31/20181,77553N/A116N/A
12/31/20171,72951N/A116N/A
9/30/20171,66744N/A96N/A
6/30/20171,61245N/A118N/A
3/31/20171,55640N/A115N/A
12/31/20161,48334N/A109N/A
9/30/20161,41830N/A100N/A
6/30/20161,35828N/A86N/A
3/31/20161,29923N/A70N/A
12/31/20151,26421N/A87N/A
9/30/20151,23015N/A76N/A
6/30/20151,1939N/A66N/A
3/31/20151,15911N/A77N/A
12/31/20141,13213N/A45N/A
12/31/20131,0383N/A34N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FSV's forecast earnings growth (23.2% per year) is above the savings rate (2.3%).

Earnings vs Market: FSV's earnings (23.2% per year) are forecast to grow faster than the Canadian market (15.5% per year).

High Growth Earnings: FSV's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FSV's revenue (7.5% per year) is forecast to grow slower than the Canadian market (7.5% per year).

High Growth Revenue: FSV's revenue (7.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FSV's Return on Equity is forecast to be low in 3 years time (18.5%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 02:21
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

FirstService Corporation is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Will ChienAccountability Research Corporation
null nullBMO Capital Markets Equity Research
Stephen MacLeodBMO Capital Markets Equity Research