FirstService Corporation
NASDAQ Global SelectTotal Valuation
FirstService Corporation carries a market capitalization of 6.29B, placing it among publicly traded companies globally. Its enterprise value stands at 8.00B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 6.29B |
| Enterprise Value | 8.00B |
Share Statistics
FirstService Corporation currently has 45.98M shares outstanding.
| Shares Outstanding | 45.98M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
FirstService Corporation trades at a trailing price-to-earnings ratio of 39.10. The price-to-sales ratio is 1.14, and the price-to-book ratio stands at 4.80.
| PE Ratio | 39.10 |
| PS Ratio | 1.14 |
| PB Ratio | 4.80 |
| P/TBV Ratio | -23.11 |
| P/FCF Ratio | 10.28 |
| P/OCF Ratio | 12.87 |
Enterprise Valuation
On an enterprise value basis, FirstService Corporation trades at an EV/EBITDA multiple of 14.92 and an EV/FCF ratio of 11.94. The EV/Sales ratio of 1.44 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 23.05 provides insight into valuation relative to core operating earnings.
| EV / Sales | 1.44 |
| EV / EBITDA | 14.92 |
| EV / EBIT | 23.05 |
| EV / FCF | 11.94 |
Financial Position
FirstService Corporation maintains a current ratio of 1.74, meaning it holds 1.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 71.66, indicating elevated leverage, while an interest coverage ratio of 7.69 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 1.74 |
| Quick Ratio | 1.26 |
| Debt / Equity | 71.66 |
| Debt / EBITDA | 2.55 |
| Interest Coverage | 7.69 |
Financial Efficiency
FirstService Corporation posts a return on equity of 13.34 and a return on invested capital of 7.67.
| Return on Equity (ROE) | 13.34 |
| Return on Assets (ROA) | 3.81 |
| Return on Invested Capital (ROIC) | 7.67 |
| Return on Capital Employed (ROCE) | 5.51 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 13.18 |
Taxes
Over the trailing twelve months, FirstService Corporation has paid 78.51M in income taxes, reflecting an effective tax rate of 28.16.
| Income Tax | 78.51M |
| Effective Tax Rate | 28.16 |
Stock Price Statistics
FirstService Corporation's stock has declined approximately -21.76986% over the past 52 weeks. The 50-day moving average sits at 138.25, while the 200-day moving average is 160.20.
| Beta (5Y) | N/A |
| 52-Week Price Change | -21.76986% |
| 50-Day Moving Average | 138.25 |
| 200-Day Moving Average | 160.20 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, FirstService Corporation generated 5.56B in revenue and converted that into 162.23M in net income, yielding earnings per share of 4.37. EBITDA reached 535.97M, while operating income came in at 346.87M.
| Revenue | 5.56B |
| Gross Profit | 1.87B |
| Operating Income | 346.87M |
| Pretax Income | 278.80M |
| Net Income | 162.23M |
| EBITDA | 535.97M |
| EBIT | 346.87M |
| Earnings Per Share (EPS) | 4.37 |
Balance Sheet
FirstService Corporation holds 191.42M in cash and equivalents against 1.37B in total debt, resulting in a net debt position of 864.26M. Total book value stands at 1.32B, with working capital of 643.07M providing operational flexibility.
| Cash & Cash Equivalents | 191.42M |
| Total Debt | 1.37B |
| Net Debt | 864.26M |
| Equity (Book Value) | 1.32B |
| Book Value Per Share | 28.95 |
| Working Capital | 643.07M |
Cash Flow
FirstService Corporation produced 492.91M in operating cash flow over the past twelve months. After subtracting -126.58M in capital expenditures, free cash flow totaled 366.33M - equivalent to 8.02 per share.
| Operating Cash Flow | 492.91M |
| Capital Expenditures | -126.58M |
| Free Cash Flow | 366.33M |
| FCF Per Share | 8.02 |
Margins
FirstService Corporation operates with a gross margin of 33.57, reflecting its pricing power and cost economics. The operating margin of 6.23 and net profit margin of 2.92 provide insight into operational efficiency.
| Gross Margin | 33.57 |
| Operating Margin | 6.23 |
| Pretax Margin | 5.01 |
| Profit Margin | 2.92 |
| EBITDA Margin | 9.63 |
Dividends & Yields
The company's payout ratio of 21.04 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.10 |
| Dividend Yield | N/A |
| Payout Ratio | 21.04 |
| Shareholder Yield | 4.49 |
| FCF Yield | 9.73 |
Scores
FirstService Corporation posts an Altman Z-Score of 5.31, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 5.31 |