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B+

Review of FirstService Corp

MAR 17, 2022 - FirstService commands a leading position in a large and highly fragmented North American market for outsourced property services. With strong momentum across service lines and speedy integration efforts, we think FSV will likely continue being one of our favorites. Rating maintained at 'B+'.

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Q: Was just re-reading the 2022 5i report on FSV and reviewing some recent answers to questions whereby you remain positive on the name. Can you provide a quick update on a few things in the report, like the key risks then versus now, and comment on the current valuation on a forward basis (and anything else new/changed, positive or negative that you think is worth considering before making the decision to buy now). Thanks.
Read Answer Asked by Stephen R. on April 02, 2024
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