WallStSmart

FirstService Corp (FSV)vsAppreciate Holdings Inc. (SFRT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

FirstService Corp generates 18848% more annual revenue ($5.50B vs $29.01M). FSV leads profitability with a 2.6% profit margin vs -26.9%. 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

SFRT

Avoid

28

out of 100

Grade: F

Growth: 4.0Profit: 3.0Value: 5.0Quality: 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

Intrinsic value data unavailable for SFRT.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FSV0 strengths · Avg: 0/10

No standout strengths identified

SFRT0 strengths · Avg: 0/10

No standout strengths identified

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

SFRT4 concerns · Avg: 3.0/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$4,8253/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

Free Cash FlowQuality
$-337,8602/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : FSV

FSV has a balanced fundamental profile.

Bull Case : SFRT

SFRT has a balanced fundamental profile.

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 : SFRT

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

Key Dynamics to Monitor

FSV profiles as a value stock while SFRT is a turnaround play — different risk/reward profiles.

SFRT carries more volatility with a beta of 6.27 — expect wider price swings.

SFRT is growing revenue faster at 10.0% — sustainability is the question.

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

Bottom Line

FSV scores higher overall (49/100 vs 28/100). Both earn "Hold" 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.

Appreciate Holdings Inc.

REAL ESTATE · REAL ESTATE SERVICES · USA

Appreciate Holdings, Inc., a single-family rental (SFR) services company, operates an end-to-end technology platform serving individual and institutional investors in the United States. The company is headquartered in Minnetonka, Minnesota.

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