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.
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 | 62.8x | 15.5x | 9.1x | |
PEG Ratio | 0.85 | 0.03 | 0.01 | |
Price/Book | 7.1x | 2.5x | 0.9x | |
Price / LTM Sales | 1.6x | 1.6x | 3.9x | |
Upside (Analyst Target) | 14.9% | 14.6% | 14.0% | |
Fair Value Upside | Unlock | 0.8% | 1.5% | Unlock |