| FSV Stock | | | USD 191.99 3.55 1.88% |
This module uses fundamental data of FirstService Corp to approximate its Piotroski F score. FirstService Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of FirstService Corp. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about FirstService Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
FirstService Corp Altman Z Score,
FirstService Corp Correlation,
FirstService Corp Valuation, as well as analyze
FirstService Corp Alpha and Beta and
FirstService Corp Hype Analysis.
For more information on how to buy FirstService Stock please use our
How to Invest in FirstService Corp guide.
At this time, FirstService Corp's
Debt Equity Ratio is fairly stable compared to the past year.
Debt Ratio is likely to climb to 0.34 in 2024, whereas
Short and Long Term Debt is likely to drop slightly above 32.5
M in 2024. At this time, FirstService Corp's
ROIC is fairly stable compared to the past year.
Net Income Per Share is likely to climb to 3.14 in 2024, whereas
Days Sales Outstanding is likely to drop 40.76 in 2024.
At this time, it appears that FirstService Corp's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized
Piotroski F-Score model, we still consider it an effective method of
predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
6.0
Piotroski F Score - Healthy
| Change in Return on Assets | |
| Cash Flow Return on Assets | |
| Current Quality of Earnings (accrual) | |
| Long Term Debt Over Assets Change | Higher Leverage| Focus | |
| Change In Outstending Shares | |
FirstService Corp Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to FirstService Corp is to make sure FirstService is not a subject of accounting manipulations and runs a healthy internal audit department. So, if FirstService Corp's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if FirstService Corp's financial numbers are properly reported.
FirstService Corp F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical
financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between FirstService Corp's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards FirstService Corp in a much-optimized way.
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About FirstService Corp Piotroski F Score
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled
Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.
FirstService Corp Current Valuation Drivers
We derive many important indicators used in calculating different scores of FirstService Corp from analyzing FirstService Corp's financial statements. These drivers represent accounts that assess FirstService Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of FirstService Corp's important valuation drivers and their relationship over time.
FirstService Corp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, FirstService Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to FirstService Corp's managers, analysts, and investors.
About FirstService Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FirstService Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FirstService Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of FirstService Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing
financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our
fundamental analysis page.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for FirstService Stock Analysis
When running FirstService Corp's price analysis, check to
measure FirstService Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FirstService Corp is operating at the current time. Most of FirstService Corp's value examination focuses on studying past and present price action to
predict the probability of FirstService Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstService Corp's price. Additionally, you may evaluate how the addition of FirstService Corp to your portfolios can decrease your overall portfolio volatility.