WallStSmart

FirstService Corp (FSV)vsNewmark Group Inc (NMRK)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

FirstService Corp generates 60% more annual revenue ($5.56B vs $3.48B). NMRK leads profitability with a 4.3% profit margin vs 2.9%. NMRK trades at a lower P/E of 18.7x. NMRK earns a higher WallStSmart Score of 59/100 (C).

FSV

Buy

54

out of 100

Grade: C-

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

NMRK

Buy

59

out of 100

Grade: C

Growth: 8.0Profit: 4.5Value: 5.0Quality: 5.5
Piotroski: 4/9Altman Z: 1.77
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
NMRKOvervalued (-12.7%)

Margin of Safety

-12.7%

Fair Value

$13.27

Current Price

$14.61

$1.34 premium

UndervaluedFair: $13.27Overvalued

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

NMRK3 strengths · Avg: 8.7/10
EPS GrowthGrowth
146.9%10/10

Earnings expanding 146.9% YoY

Price/BookValuation
1.9x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
27.2%8/10

Revenue surging 27.2% year-over-year

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

NMRK4 concerns · Avg: 3.3/10
Altman Z-ScoreHealth
1.774/10

Distress zone — elevated risk

Profit MarginProfitability
4.3%3/10

4.3% margin — thin

Operating MarginProfitability
3.5%3/10

Operating margin of 3.5%

Debt/EquityHealth
1.403/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : FSV

The strongest argument for FSV centers on EPS Growth.

Bull Case : NMRK

The strongest argument for NMRK centers on EPS Growth, Price/Book, Revenue Growth. Revenue growth of 27.2% 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 : NMRK

The primary concerns for NMRK are Altman Z-Score, Profit Margin, Operating Margin. Thin 4.3% margins leave little buffer for downturns.

Key Dynamics to Monitor

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

NMRK carries more volatility with a beta of 1.70 — expect wider price swings.

NMRK is growing revenue faster at 27.2% — sustainability is the question.

FSV generates stronger free cash flow (60M), providing more financial flexibility.

Bottom Line

NMRK scores higher overall (59/100 vs 54/100) and 27.2% revenue growth. Both earn "Buy" and "Buy" 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.

Newmark Group Inc

REAL ESTATE · REAL ESTATE SERVICES · USA

Newmark Group, Inc. provides commercial real estate services in the United States and internationally. The company is headquartered in New York, New York.

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