- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- About
FirstService Corp (FSV)

- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
12/05/2025: FSV (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $208.29
1 Year Target Price $208.29
| 3 | Strong Buy |
| 3 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 28.73% | Avg. Invested days 66 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
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 |
Upturn AI SWOT
FirstService Corp
Company Overview
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.
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 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
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
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 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.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.firstservice.com |
Full time employees 30000 | Website https://www.firstservice.com | ||
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.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
Home 

