WallStSmart

FirstService Corp (FSV)vsNew England Realty Associates LP (NEN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

FirstService Corp generates 5811% more annual revenue ($5.56B vs $94.12M). FSV leads profitability with a 2.9% profit margin vs -1.8%. FSV earns a higher WallStSmart Score of 54/100 (C-).

FSV

Buy

54

out of 100

Grade: C-

Growth: 8.0Profit: 5.0Value: 4.0Quality: 6.5
Piotroski: 4/9Altman Z: 2.16

NEN

Avoid

25

out of 100

Grade: F

Growth: 6.0Profit: 4.0Value: 5.0Quality: 6.5
Piotroski: 2/9Altman Z: 0.03
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FSVOvervalued (-9.3%)

Margin of Safety

-9.3%

Fair Value

$144.15

Current Price

$140.68

$3.47 premium

UndervaluedFair: $144.15Overvalued

Intrinsic value data unavailable for NEN.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FSV1 strengths · Avg: 10.0/10
EPS GrowthGrowth
626.0%10/10

Earnings expanding 626.0% YoY

NEN3 strengths · Avg: 8.7/10
Debt/EquityHealth
-6.6810/10

Conservative balance sheet, low leverage

Revenue GrowthGrowth
16.4%8/10

16.4% revenue growth

Free Cash FlowQuality
$2.31B8/10

Generating 2.3B in free cash flow

Areas to Watch

FSV4 concerns · Avg: 3.0/10
PEG RatioValuation
2.174/10

Expensive relative to growth rate

Profit MarginProfitability
2.9%3/10

2.9% margin — thin

Operating MarginProfitability
3.7%3/10

Operating margin of 3.7%

P/E RatioValuation
40.4x2/10

Premium valuation, high expectations priced in

NEN4 concerns · Avg: 3.3/10
EPS GrowthGrowth
2.4%4/10

2.4% earnings growth

Market CapQuality
$209.15M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : FSV

The strongest argument for FSV centers on EPS Growth.

Bull Case : NEN

The strongest argument for NEN centers on Debt/Equity, Revenue Growth, Free Cash Flow. Revenue growth of 16.4% demonstrates continued momentum.

Bear Case : FSV

The primary concerns for FSV are PEG Ratio, Profit Margin, Operating Margin. A P/E of 40.4x leaves little room for execution misses. Thin 2.9% margins leave little buffer for downturns.

Bear Case : NEN

The primary concerns for NEN are EPS Growth, Market Cap, Return on Equity.

Key Dynamics to Monitor

FSV profiles as a value stock while NEN is a growth play — different risk/reward profiles.

FSV carries more volatility with a beta of 0.92 — expect wider price swings.

NEN is growing revenue faster at 16.4% — sustainability is the question.

NEN generates stronger free cash flow (2.3B), providing more financial flexibility.

Bottom Line

FSV scores higher overall (54/100 vs 25/100). Both earn "Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

FirstService Corp

REAL ESTATE · REAL ESTATE SERVICES · USA

FirstService Corporation provides residential property management and other essential property services to residential and commercial clients in the United States and Canada. The company is headquartered in Toronto, Canada.

New England Realty Associates LP

REAL ESTATE · REAL ESTATE SERVICES · USA

New England Realty Associates Limited Partnership is dedicated to acquiring, developing, holding for investment, operating and selling real estate in the United States. The company is headquartered in Allston, Massachusetts.

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