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Weekly 52-Week Low (or 52-Week High): BAM-T, LB-T, S-T, NSCI-X and More 52-Week Highs and Lows (Nov 27-Dec 03)Weekly 52-Week Low (or 52-Week High): BDT-T, BN-T, YES-X, SPB-T and More 52-Week Highs and Lows (Oct 09-15)4 Promising TSX StocksThis summary was created by AI, based on 5 opinions in the last 12 months.
Firstservice Corp (FSV-T) is considered as an uncommon compounder with a simple yet effective strategy that has been executed successfully for over 26 years. Despite some setbacks due to the pandemic and volatility in real estate prices, the company has continued to grow and expand across the country. It has compounded revenues at a significant rate and recently made a strategic acquisition in the US, solidifying its position in property management, restorations, and home renovations. Overall, the company is viewed as a quality compounder with strong management and a large addressable market, making it an attractive investment option despite its higher valuation and limited diversification potential.
Surprisingly, hasn't met his goals for return performance. But starting points do matter, and it ran up dramatically prior to pandemic, so maybe it got a little pricey. Restoration business suffered due to good weather. Long-term thesis. Serial acquirer. ("Genius") founder run and owned.
On his watchlist. Trophy of a company. Never cheap but has pulled back, now a less demanding multiple. Quality compounder, strong management, large addressable market, dominant position. Pullbacks are buyable.
It has done well growing and expanding across the country. Most of their clients have enough personal real estate so he prefers not to have it in their portfolios as a way of diversification. There is some volatility as it vulnerable to a major downturn in real estate prices.
Compounded revenues at 19% a year for the last 5 years, part organic and part acquisition. Loves this type of company. Recent acquisition of US roofing company gives it another vertical. In property management, restorations, home renovations. Not cheap and never will be. Quite attractive here.
A great Canadian company. A low capex business that grows organically and through tuck-in acquisitions. They execute very well. Definitely buy on pullbacks.
It is involved in property management and franchise divisions. It is one of the largest players in the property management side and is also large in the U.S. It can grow by acquisitions and is good at integrating them.
Low capex, lots of free cashflow. Small market share, but lots of opportunity for acquisitions, which they're very good at. Contracts have inflation escalation built-in. Customers are locked into 3-5 year contracts.
Economies of scale. Market leader. Serial acquirer and compounder. Near recession-proof. Inflation-protected contracts. With more damage from climate change events, building a juggernaut restoration service, which has the potential to be a national player. Still small market share. Not cheap, never will be. Still in early innings. Yield is 0.63%.
(Analysts’ price target is $220.83)One of the leaders in the business, but still represents only a small market share. Lots of room to grow. Inflation-protected contracts. Light capex. Incredibly well run.
Recently broke out, so it looks good. Thinks it can get back to the old level around $230. Plenty of upside from where it is now around $200. Chart's done a cup formation and a handle, and now it's breaking out. He plans to hold a little while longer.
Valuation isn't super-cheap, but has checked back to an attractive level. Property management plus various brand-name services. One interesting division is Century Fire, which checks fire extinguishers. Grows by acquisition, funded by free cashflow. Yield is 0.64%.
(Analysts’ price target is $207.82)It is in the property management field and is well managed. Has been pinched with higher labour costs. Since it is expensive he bought Colliers International instead.
Low capex business. Lots of free cashflow. Always trades at higher multiples, but great to buy at these levels. Executes incredibly well. Disciplined acquisitions.
Firstservice Corp is a Canadian stock, trading under the symbol FSV-T on the Toronto Stock Exchange (FSV-CT). It is usually referred to as TSX:FSV or FSV-T
In the last year, 4 stock analysts published opinions about FSV-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Firstservice Corp.
Firstservice Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Firstservice Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Firstservice Corp In the last year. It is a trending stock that is worth watching.
On 2024-12-06, Firstservice Corp (FSV-T) stock closed at a price of $272.22.
First bought in 1998. It had a simple strategy, and was overlooked in the market. Over 26 years, has executed its strategy bigger and bigger -- buy into a new market, buy a business that fits in, build that position. Repeat. Grows at 4% per annum, and a further 15% or so a year because cash generated is not needed to maintain the business.