Roofing Expansion | FirstService's strategic acquisitions in Florida's roofing sector boost revenue projections and market presence, positioning for substantial growth |
Financial Triumph | Q2 2024 results surpass expectations, with adjusted EBITDA of $132.5 million and EPS of $1.36, prompting upward revision of annual targets |
Market Valuation | Analysts set price targets ranging from $187 to $196, reflecting confidence in FirstService's growth trajectory and strategic positioning |
Growth Catalysts | Explore FirstService's recurring revenue model, acquisition strategy, and market expansion efforts driving long-term compounding growth potential |
Metrics to compare | FSV | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipFSVPeersSector | |
|---|---|---|---|---|
P/E Ratio | 40.4x | 34.3x | 8.9x | |
PEG Ratio | 3.06 | 0.99 | 0.01 | |
Price/Book | 5.4x | 2.9x | 0.9x | |
Price / LTM Sales | 1.2x | 1.0x | 3.9x | |
Upside (Analyst Target) | 25.6% | 25.2% | 16.8% | |
Fair Value Upside | Unlock | 24.7% | 2.6% | Unlock |
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 FirstService Residential segment operates as a full-service property manager and provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service amenity management, security, concierge and front desk personnel; proprietary banking and insurance products; and energy conservation and management solutions. This segment serves condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and other residential developments governed by common interest or multi-unit residential community associations. Its FirstService Brands segment offers property services to residential and commercial customers in North America through company-owned operations and franchise systems under the First Onsite Property Restoration, Paul Davis Restoration, Roofing Corp of America, Century Fire Protection, California Closets, CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors brands. This segment also provides light restoration services, including full-service water, fire and mold cleanup, construction rebuild, and restoration services; painting services; custom-designed and installed closet and home storage solutions; home inspection services; and floor covering design and installation services. FirstService Corporation was incorporated in 1988 and is headquartered in Toronto, Canada.