FSV
FSV 1-star rating from Upturn Advisory

FirstService Corp (FSV)

FirstService Corp (FSV) 1-star rating from Upturn Advisory
$154.92
Last Close (24-hour delay)
upturn advisory logo
PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

12/05/2025: FSV (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

2 star rating from financial analysts

9 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $208.29

1 Year Target Price $208.29

Analysts Price Target For last 52 week
$208.29 Target price
52w Low $149.13
Current$154.92
52w High $209.36

Analysis of Past Performance

Type Stock
Historic Profit 28.73%
Avg. Invested days 66
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/05/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 7.09B USD
Price to earnings Ratio 50.96
1Y Target Price 208.29
Price to earnings Ratio 50.96
1Y Target Price 208.29
Volume (30-day avg) 9
Beta 0.96
52 Weeks Range 149.13 - 209.36
Updated Date 12/6/2025
52 Weeks Range 149.13 - 209.36
Updated Date 12/6/2025
Dividends yield (FY) 0.69%
Basic EPS (TTM) 3.04

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 2.53%
Operating Margin (TTM) 7.71%

Management Effectiveness

Return on Assets (TTM) 5.18%
Return on Equity (TTM) 11.25%

Valuation

Trailing PE 50.96
Forward PE 24.81
Enterprise Value 8348695324
Price to Sales(TTM) 1.29
Enterprise Value 8348695324
Price to Sales(TTM) 1.29
Enterprise Value to Revenue 1.52
Enterprise Value to EBITDA 15.78
Shares Outstanding 45712236
Shares Floating 41752185
Shares Outstanding 45712236
Shares Floating 41752185
Percent Insiders 8.83
Percent Institutions 78.84

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

FirstService Corp

FirstService Corp(FSV) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

FirstService Corp. was founded in 1988. Initially focused on residential property management, it has grown through acquisitions and organic growth to become a diversified property services company. Key milestones include expanding into commercial services and achieving significant scale through strategic acquisitions.

Company business area logo Core Business Areas

  • FirstService Residential: Manages residential communities, providing property management services to condominiums, homeowner associations, and co-ops. Offers a range of services including financial management, maintenance, and resident services.
  • FirstService Brands: Franchises various essential property services brands, including home improvement, restoration, and cleaning services. Brands include Paul Davis Restoration, California Closets, and CertaPro Painters.

leadership logo Leadership and Structure

The leadership team consists of Scott Patterson (CEO), Jeremy Rakusin (CFO). The organizational structure is divided into two main divisions: FirstService Residential and FirstService Brands. Each division has its own leadership team and operational structure, reporting to the corporate headquarters.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Residential Property Management: Comprehensive property management services for residential communities, including financial management, maintenance, and resident communication. Market share is estimated around 3-5% of the total North American market. Competitors include Associa, BrightView, and RealPage.
  • Franchised Property Services: Franchise opportunities for various home service brands, providing marketing, training, and operational support to franchisees. Specific brand market shares vary. Competitors include ServiceMaster, Neighborly, and Dwyer Group.

Market Dynamics

industry overview logo Industry Overview

The property services industry is fragmented and growing, driven by increasing urbanization, aging housing stock, and demand for professional property management. The franchise industry is also expanding, fueled by entrepreneurial interest and demand for home services.

Positioning

FirstService Corp is a leading player in both the residential property management and franchised property services sectors. Its competitive advantages include its scale, diversified service offerings, and strong brand reputation.

Total Addressable Market (TAM)

The TAM for residential property management in North America is estimated at $50-60 billion. The TAM for franchised property services is also substantial, estimated at $40-50 billion in North America. FirstService is positioned to capture a larger share of both TAMs.

Upturn SWOT Analysis

Strengths

  • Diversified revenue streams
  • Strong brand portfolio
  • Experienced management team
  • Proven acquisition strategy
  • Scalable business model

Weaknesses

  • Exposure to economic cycles
  • Dependence on acquisitions for growth
  • Potential for franchisee disputes
  • High customer turnover (property management)
  • Sensitivity to interest rates

Opportunities

  • Further consolidation in fragmented markets
  • Expansion into new geographic areas
  • Development of new service offerings
  • Increased demand for property services
  • Leveraging technology to improve efficiency

Threats

  • Economic downturn
  • Increased competition
  • Rising labor costs
  • Changes in regulations
  • Cybersecurity risks

Competitors and Market Share

Key competitor logo Key Competitors

  • REZI
  • BRT
  • ABM

Competitive Landscape

FirstService benefits from its scale and diversified service offerings, but faces competition from both large national players and smaller regional firms. Its franchise model provides a competitive advantage in certain markets.

Major Acquisitions

Global Restoration Holdings

  • Year: 2019
  • Acquisition Price (USD millions): 210
  • Strategic Rationale: Expanded FirstService's presence in the restoration services market and added new capabilities.

Growth Trajectory and Initiatives

Historical Growth: FirstService has demonstrated consistent revenue and earnings growth over the past decade, driven by acquisitions and organic expansion.

Future Projections: Analyst estimates suggest continued growth in revenue and earnings, driven by demand for property services and expansion into new markets.

Recent Initiatives: Recent initiatives include strategic acquisitions in key markets, investments in technology to improve efficiency, and expansion of service offerings.

Summary

FirstService Corp is a stable and growing company with a diversified business model in the property services sector. Its strengths lie in its scale, brand portfolio, and experienced management. The company needs to monitor economic conditions and manage franchisee relationships effectively, while also focusing on technological advancement to optimize operational efficiencies.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings, press releases, analyst reports, industry publications

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is based on estimates and may not be precise. Past performance is not indicative of future results.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About FirstService Corp

Exchange NASDAQ
Headquaters Toronto, ON, Canada
IPO Launch date 2015-06-02
President, CEO & Non-Independent Director Mr. D. Scott Patterson
Sector Real Estate
Industry Real Estate Services
Full time employees 30000
Full time employees 30000

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The company offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments. It also provides ancillary services, including on-site staffing for building engineering and maintenance, full-service amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related, and specialized property insurance brokerage. In addition, the company offers energy management solutions and advisory services, and resale processing services. Further, it provides light restoration, painting, and decoration work services; water, fire, mold cleanup, construction rebuild, and restoration services for property damaged by natural or man-made disasters; custom-designed and installed closet and home storage solutions; home inspection services; and floor coverings design and installation franchise system operating. It operates and provides essential property services to residential and commercial customers through franchise networks, including California Closets, Paul Davis Restoration, Pillar to Post Home Inspectors, Floor Coverings International, and CertaPro Painters operations under the Paul Davis Restoration, Roofing Corp of America, First Onsite property Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brands. FirstService Corporation was incorporated in 1988 and is headquartered in Toronto, Canada.