Firstservice Corp Stock Z Score

FSV Stock

USD 197.05 4.57 2.37%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out FirstService Corp Piotroski F Score and FirstService Corp Valuation 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 Capital Expenditures is fairly stable compared to the past year. Long Term Debt To Capitalization is likely to climb to 0.59 in 2024, whereas Net Invested Capital is likely to drop slightly above 1.2 B in 2024. At this time, FirstService Corp's Interest Income is fairly stable compared to the past year. Research Development is likely to climb to 0.05 in 2024, whereas Total Revenue is likely to drop slightly above 2.5 B in 2024.

FirstService Corp Company Z Score Analysis

FirstService Corp's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

FirstService Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for FirstService Corp is extremely important. It helps to project a fair market value of FirstService Stock properly, considering its historical fundamentals such as Z Score. Since FirstService Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of FirstService Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of FirstService Corp's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Tangible Assets	Long Term Debt	Short Term Investments	Short Long Term Debt	Property Plant Equipment	Deferred Long Term Liab	Long Term Investments	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.97	0.97	-0.02	0.18	0.99	1.0	0.99	1.0	0.4	0.59	0.93	-0.59	0.94	0.37	-0.14	0.96	-0.59	-0.63	0.92	0.86	0.86	0.9	0.9
Total Stockholder Equity	0.98		0.99	0.94	0.06	0.21	0.95	0.98	0.95	0.98	0.38	0.63	0.96	-0.61	0.92	0.45	-0.27	0.98	-0.6	-0.7	0.93	0.86	0.86	0.92	0.94
Current Deferred Revenue	0.97	0.99		0.97	0.13	0.27	0.95	0.98	0.96	0.97	0.29	0.67	0.94	-0.63	0.96	0.5	-0.34	0.98	-0.6	-0.76	0.94	0.87	0.87	0.93	0.92
Net Debt	0.97	0.94	0.97		0.03	0.18	0.95	0.98	0.98	0.95	0.31	0.63	0.9	-0.64	0.99	0.43	-0.28	0.96	-0.59	-0.7	0.93	0.87	0.89	0.91	0.88
Retained Earnings	-0.02	0.06	0.13	0.03		0.64	0.02	0.0	-0.01	0.0	-0.28	0.32	-0.12	0.26	0.09	0.42	-0.45	0.04	0.19	-0.35	-0.09	-0.08	-0.02	0.04	-0.14
Accounts Payable	0.18	0.21	0.27	0.18	0.64		0.19	0.18	0.22	0.19	-0.17	0.51	0.12	-0.15	0.23	0.67	-0.41	0.22	-0.17	-0.64	0.19	0.19	0.25	0.26	0.12
Net Receivables	0.99	0.95	0.95	0.95	0.02	0.19		0.99	0.99	0.99	0.4	0.54	0.89	-0.49	0.91	0.31	-0.07	0.92	-0.56	-0.57	0.86	0.81	0.82	0.87	0.84
Good Will	1.0	0.98	0.98	0.98	0.0	0.18	0.99		0.99	0.99	0.39	0.61	0.94	-0.6	0.95	0.39	-0.18	0.96	-0.6	-0.66	0.93	0.86	0.86	0.91	0.91
Total Liab	0.99	0.95	0.96	0.98	-0.01	0.22	0.99	0.99		0.99	0.38	0.6	0.91	-0.59	0.95	0.38	-0.14	0.94	-0.59	-0.65	0.91	0.85	0.86	0.89	0.87
Total Current Assets	1.0	0.98	0.97	0.95	0.0	0.19	0.99	0.99	0.99		0.39	0.57	0.93	-0.55	0.92	0.36	-0.13	0.95	-0.58	-0.62	0.9	0.84	0.85	0.9	0.89
Short Term Debt	0.4	0.38	0.29	0.31	-0.28	-0.17	0.4	0.39	0.38	0.39		0.11	0.34	-0.12	0.21	-0.12	0.39	0.29	-0.21	0.06	0.29	0.32	0.27	0.31	0.37
Intangible Assets	0.59	0.63	0.67	0.63	0.32	0.51	0.54	0.61	0.6	0.57	0.11		0.63	-0.56	0.65	0.73	-0.48	0.67	-0.31	-0.77	0.67	0.73	0.7	0.71	0.67
Common Stock	0.93	0.96	0.94	0.9	-0.12	0.12	0.89	0.94	0.91	0.93	0.34	0.63		-0.76	0.89	0.49	-0.32	0.97	-0.63	-0.71	0.97	0.88	0.86	0.9	0.98
Net Tangible Assets	-0.59	-0.61	-0.63	-0.64	0.26	-0.15	-0.49	-0.6	-0.59	-0.55	-0.12	-0.56	-0.76		-0.67	-0.66	0.52	-0.73	0.59	0.73	-0.84	-0.69	-0.66	-0.66	-0.79
Long Term Debt	0.94	0.92	0.96	0.99	0.09	0.23	0.91	0.95	0.95	0.92	0.21	0.65	0.89	-0.67		0.49	-0.39	0.96	-0.59	-0.76	0.93	0.87	0.88	0.9	0.86
Short Term Investments	0.37	0.45	0.5	0.43	0.42	0.67	0.31	0.39	0.38	0.36	-0.12	0.73	0.49	-0.66	0.49		-0.72	0.54	-0.19	-0.81	0.58	0.57	0.53	0.54	0.53
Short Long Term Debt	-0.14	-0.27	-0.34	-0.28	-0.45	-0.41	-0.07	-0.18	-0.14	-0.13	0.39	-0.48	-0.32	0.52	-0.39	-0.72		-0.4	0.25	0.76	-0.42	-0.33	-0.35	-0.35	-0.34
Property Plant Equipment	0.96	0.98	0.98	0.96	0.04	0.22	0.92	0.96	0.94	0.95	0.29	0.67	0.97	-0.73	0.96	0.54	-0.4		-0.63	-0.78	0.98	0.89	0.91	0.94	0.96
Deferred Long Term Liab	-0.59	-0.6	-0.6	-0.59	0.19	-0.17	-0.56	-0.6	-0.59	-0.58	-0.21	-0.31	-0.63	0.59	-0.59	-0.19	0.25	-0.63		0.57	-0.66	-0.46	-0.6	-0.61	-0.63
Long Term Investments	-0.63	-0.7	-0.76	-0.7	-0.35	-0.64	-0.57	-0.66	-0.65	-0.62	0.06	-0.77	-0.71	0.73	-0.76	-0.81	0.76	-0.78	0.57		-0.79	-0.67	-0.7	-0.72	-0.71
Long Term Debt Total	0.92	0.93	0.94	0.93	-0.09	0.19	0.86	0.93	0.91	0.9	0.29	0.67	0.97	-0.84	0.93	0.58	-0.42	0.98	-0.66	-0.79		0.89	0.88	0.91	0.97
Capital Surpluse	0.86	0.86	0.87	0.87	-0.08	0.19	0.81	0.86	0.85	0.84	0.32	0.73	0.88	-0.69	0.87	0.57	-0.33	0.89	-0.46	-0.67	0.89		0.93	0.94	0.91
Net Invested Capital	0.86	0.86	0.87	0.89	-0.02	0.25	0.82	0.86	0.86	0.85	0.27	0.7	0.86	-0.66	0.88	0.53	-0.35	0.91	-0.6	-0.7	0.88	0.93		0.96	0.88
Net Working Capital	0.9	0.92	0.93	0.91	0.04	0.26	0.87	0.91	0.89	0.9	0.31	0.71	0.9	-0.66	0.9	0.54	-0.35	0.94	-0.61	-0.72	0.91	0.94	0.96		0.92
Capital Stock	0.9	0.94	0.92	0.88	-0.14	0.12	0.84	0.91	0.87	0.89	0.37	0.67	0.98	-0.79	0.86	0.53	-0.34	0.96	-0.63	-0.71	0.97	0.91	0.88	0.92

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict FirstService Corp

According to the company's disclosures, FirstService Corp has a Z Score of 0.0. This is 100.0% lower than that of the Real Estate Management & Development sector and 100.0% lower than that of the Real Estate industry. The z score for all United States stocks is 100.0% higher than that of the company.

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.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	3.6B	5.8B	8.6B	5.4B	5.4B	3.3B
Enterprise Value	4.3B	6.4B	9.3B	6.2B	6.7B	3.7B

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.

Environmental

Governance

Social

FirstService Corp Institutional Holders

Institutional Holdings refers to the ownership stake in FirstService Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of FirstService Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing FirstService Corp's value.

		Shares
Fred Alger Management, Llc	2024-09-30	749.9 K
Renaissance Technologies Corp	2024-09-30	628.5 K
Norges Bank	2024-06-30	557.2 K
Connor Clark & Lunn Inv Mgmt Ltd	2024-06-30	484 K
Cibc World Markets Inc.	2024-06-30	482.7 K
Orbis Allan Gray Ltd	2024-09-30	482.3 K
Franklin Resources Inc	2024-09-30	469.1 K
1832 Asset Management L.p	2024-09-30	458.6 K
Royce & Associates, Lp	2024-09-30	438.8 K
Durable Capital Partners Lp	2024-09-30	3.4 M
Manufacturers Life Insurance Co	2024-09-30	2.1 M

FirstService Fundamentals

	Return On Equity	0.11
	Return On Asset	0.0529
	Profit Margin	0.02 %
	Operating Margin	0.08 %
	Current Valuation	10.03 B
	Shares Outstanding	45.13 M
	Shares Owned By Insiders	10.25 %
	Shares Owned By Institutions	78.29 %
	Number Of Shares Shorted	146.38 K
	Price To Earning	53.33 X
	Price To Book	7.56 X
	Price To Sales	1.76 X
	Revenue	4.41 B
	Gross Profit	1.18 B
	EBITDA	394.34 M
	Net Income	102.23 M
	Cash And Equivalents	160.48 M
	Cash Per Share	3.63 X
	Total Debt	1.42 B
	Debt To Equity	0.83 %
	Current Ratio	1.77 X
	Book Value Per Share	25.46 X
	Cash Flow From Operations	285.5 M
	Short Ratio	1.98 X
	Earnings Per Share	2.41 X
	Price To Earnings To Growth	2.17 X
	Target Price	202.43
	Number Of Employees	30 K
	Beta	0.94
	Market Capitalization	8.69 B
	Total Asset	3.61 B
	Retained Earnings	77.48 M
	Working Capital	590.23 M
	Current Asset	230.22 M
	Current Liabilities	130.1 M
	Annual Yield	0.01 %
	Five Year Return	0.58 %
	Net Asset	3.61 B
	Last Dividend Paid	0.98

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.

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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.

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Firstservice Corp Stock Z Score

FirstService Corp Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

FirstService Z Score Driver Correlations

FirstService Corp Current Valuation Drivers

FirstService Corp ESG Sustainability

FirstService Corp Institutional Holders

FirstService Fundamentals

About FirstService Corp Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for FirstService Stock Analysis

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