If you are wondering whether FirstService is offering good value at its current price, you are not alone. This article is built to help you make sense of what that number really means.
The stock last closed at US$225.55, with returns of 1.5% over 7 days, 6.4% over 30 days and 8.8% year to date, while the 1 year return sits at a 13.9% decline and the 3 and 5 year returns are 24.6% and 34.1% respectively.
These mixed return figures put recent trading in context, with shorter term gains sitting alongside a weaker 1 year result. That tension between recent momentum and the 1 year pullback is exactly why a closer look at valuation methods can be useful.
On our 6 point valuation checklist, FirstService currently scores 0 out of 6. We will…
