WallStSmart

FirstService Corp (FSV)vsRe Max Holding (RMAX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

FirstService Corp generates 1785% more annual revenue ($5.50B vs $291.60M). RMAX leads profitability with a 2.8% profit margin vs 2.6%. FSV appears more attractively valued with a PEG of 2.17. FSV earns a higher WallStSmart Score of 49/100 (D+).

FSV

Hold

49

out of 100

Grade: D+

Growth: 6.7Profit: 5.5Value: 7.3Quality: 5.8
Piotroski: 2/9Altman Z: 2.23

RMAX

Hold

48

out of 100

Grade: D+

Growth: 2.0Profit: 5.5Value: 4.7Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FSVSignificantly Overvalued (-31.2%)

Margin of Safety

-31.2%

Fair Value

$120.08

Current Price

$137.76

$17.68 premium

UndervaluedFair: $120.08Overvalued
RMAXSignificantly Overvalued (-156.4%)

Margin of Safety

-156.4%

Fair Value

$2.72

Current Price

$6.05

$3.33 premium

UndervaluedFair: $2.72Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FSV0 strengths · Avg: 0/10

No standout strengths identified

RMAX3 strengths · Avg: 8.7/10
Price/BookValuation
0.3x10/10

Reasonable price relative to book value

P/E RatioValuation
15.4x8/10

Attractively priced relative to earnings

Operating MarginProfitability
24.0%8/10

Strong operational efficiency at 24.0%

Areas to Watch

FSV4 concerns · Avg: 3.5/10
PEG RatioValuation
2.174/10

Expensive relative to growth rate

Revenue GrowthGrowth
1.3%4/10

1.3% revenue growth

Profit MarginProfitability
2.6%3/10

2.6% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

RMAX4 concerns · Avg: 2.8/10
Market CapQuality
$124.28M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.2%3/10

ROE of 0.2% — below average capital efficiency

Profit MarginProfitability
2.8%3/10

2.8% margin — thin

PEG RatioValuation
4.072/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : FSV

FSV has a balanced fundamental profile.

Bull Case : RMAX

The strongest argument for RMAX centers on Price/Book, P/E Ratio, Operating Margin.

Bear Case : FSV

The primary concerns for FSV are PEG Ratio, Revenue Growth, Profit Margin. A P/E of 43.2x leaves little room for execution misses. Thin 2.6% margins leave little buffer for downturns.

Bear Case : RMAX

The primary concerns for RMAX are Market Cap, Return on Equity, Profit Margin. Thin 2.8% margins leave little buffer for downturns.

Key Dynamics to Monitor

RMAX carries more volatility with a beta of 1.28 — expect wider price swings.

FSV is growing revenue faster at 1.3% — sustainability is the question.

FSV generates stronger free cash flow (89M), providing more financial flexibility.

Monitor REAL ESTATE SERVICES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

FSV scores higher overall (49/100 vs 48/100). Both earn "Hold" and "Hold" 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.

Re Max Holding

REAL ESTATE · REAL ESTATE SERVICES · USA

RE / MAX Holdings, Inc. is a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. The company is headquartered in Denver, Colorado.

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