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FirstService (FirstService) Enterprise Value : $7,878 Mil (As of Jun. 02, 2024)


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What is FirstService Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, FirstService's Enterprise Value is $7,878 Mil. FirstService's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $249 Mil. Therefore, FirstService's EV-to-EBIT ratio for today is 31.58.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, FirstService's Enterprise Value is $7,878 Mil. FirstService's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $382 Mil. Therefore, FirstService's EV-to-EBITDA ratio for today is 20.61.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, FirstService's Enterprise Value is $7,878 Mil. FirstService's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $4,474 Mil. Therefore, FirstService's EV-to-Revenue ratio for today is 1.76.


FirstService Enterprise Value Historical Data

The historical data trend for FirstService's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FirstService Enterprise Value Chart

FirstService Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,822.74 6,723.49 9,523.89 6,469.33 8,804.84

FirstService Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,456.61 8,018.31 7,626.14 8,804.84 9,097.79

Competitive Comparison of FirstService's Enterprise Value

For the Real Estate Services subindustry, FirstService's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FirstService's Enterprise Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, FirstService's Enterprise Value distribution charts can be found below:

* The bar in red indicates where FirstService's Enterprise Value falls into.



FirstService Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

FirstService's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

FirstService's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FirstService  (NAS:FSV) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

FirstService's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7877.930/249.426
=31.58

FirstService's current Enterprise Value is $7,878 Mil.
FirstService's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $249 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

FirstService's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=7877.930/382.285
=20.61

FirstService's current Enterprise Value is $7,878 Mil.
FirstService's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $382 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

FirstService's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=7877.930/4474.148
=1.76

FirstService's current Enterprise Value is $7,878 Mil.
FirstService's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,474 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FirstService Enterprise Value Related Terms

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FirstService (FirstService) Business Description

Traded in Other Exchanges
Address
1255 Bay Street, Suite 600, Toronto, ON, CAN, M5R 2A9
FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives. FirstService Brands generates most of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.

FirstService (FirstService) Headlines