Fiera Capital Corporation Logo

Fiera Capital Corporation

FSZ.TO

(1.5)
Stock Price

10,03 CAD

17.54% ROA

20.25% ROE

14.58x PER

Market Cap.

931.787.029,00 CAD

240.33% DER

9.98% Yield

9.19% NPM

Fiera Capital Corporation Stock Analysis

Fiera Capital Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Fiera Capital Corporation Fundamental Stock Analysis
# Analysis Rating
1 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

2 ROE

ROE in an average range (6.83%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (4.84%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 PBV

The stock's PBV ratio (1.68x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (1.410) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

6 DER

The company has a high debt to equity ratio (277%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

7 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Fiera Capital Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Fiera Capital Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Fiera Capital Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Fiera Capital Corporation Revenue
Year Revenue Growth
2005 22.811.000
2006 27.274.000 16.36%
2007 38.413.000 29%
2008 35.398.000 -8.52%
2009 27.174.000 -30.26%
2010 41.407.538 34.37%
2011 72.761.451 43.09%
2012 92.262.400 21.14%
2013 153.727.000 39.98%
2014 222.358.000 30.87%
2015 258.417.000 13.95%
2016 344.144.000 24.91%
2017 459.096.000 25.04%
2018 540.285.000 15.03%
2019 651.123.000 17.02%
2020 689.475.000 5.56%
2021 737.849.000 6.56%
2022 664.892.000 -10.97%
2023 630.068.000 -5.53%
2023 670.544.000 6.04%
2024 659.408.000 -1.69%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Fiera Capital Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Fiera Capital Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 8.677.000 100%
2014 12.463.000 30.38%
2015 15.503.000 19.61%
2016 22.117.000 29.9%
2017 29.455.000 24.91%
2018 30.649.000 3.9%
2019 25.645.000 -19.51%
2020 26.814.000 4.36%
2021 122.246.000 78.07%
2022 201.659.000 39.38%
2023 0 0%
2023 248.080.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Fiera Capital Corporation EBITDA
Year EBITDA Growth
2005 6.187.000
2006 8.056.000 23.2%
2007 11.789.000 31.67%
2008 7.951.000 -48.27%
2009 6.003.000 -32.45%
2010 7.177.785 16.37%
2011 20.467.926 64.93%
2012 31.282.400 34.57%
2013 57.739.000 45.82%
2014 72.547.000 20.41%
2015 77.869.000 6.83%
2016 92.166.000 15.51%
2017 97.831.000 5.79%
2018 111.866.000 12.55%
2019 167.074.000 33.04%
2020 191.002.000 12.53%
2021 214.467.000 10.94%
2022 155.908.000 -37.56%
2023 162.056.000 3.79%
2023 171.856.000 5.7%
2024 162.148.000 -5.99%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Fiera Capital Corporation Gross Profit
Year Gross Profit Growth
2005 22.811.000
2006 27.274.000 16.36%
2007 38.413.000 29%
2008 35.398.000 -8.52%
2009 27.174.000 -30.26%
2010 41.407.538 34.37%
2011 72.761.451 43.09%
2012 90.671.200 19.75%
2013 85.319.000 -6.27%
2014 114.069.000 25.2%
2015 126.383.000 9.74%
2016 153.149.000 17.48%
2017 183.178.000 16.39%
2018 212.672.000 13.87%
2019 273.759.000 22.31%
2020 291.415.000 6.06%
2021 385.532.000 24.41%
2022 425.286.000 9.35%
2023 630.068.000 32.5%
2023 616.609.000 -2.18%
2024 608.996.000 -1.25%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Fiera Capital Corporation Net Profit
Year Net Profit Growth
2005 3.714.000
2006 5.201.000 28.59%
2007 7.354.000 29.28%
2008 5.002.000 -47.02%
2009 3.512.000 -42.43%
2010 3.492.689 -0.55%
2011 8.957.800 61.01%
2012 2.420.800 -270.03%
2013 14.939.000 83.8%
2014 27.492.000 45.66%
2015 27.631.000 0.5%
2016 20.777.000 -32.99%
2017 10.671.000 -94.71%
2018 -5.013.000 312.87%
2019 -10.706.000 53.18%
2020 2.027.000 628.17%
2021 73.532.000 97.24%
2022 25.353.000 -190.03%
2023 44.268.000 42.73%
2023 58.452.000 24.27%
2024 19.580.000 -198.53%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Fiera Capital Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 0
2006 0 0%
2007 1 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 1 0%
2022 0 0%
2023 0 0%
2023 1 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Fiera Capital Corporation Free Cashflow
Year Free Cashflow Growth
2005 -953.000
2006 3.320.000 128.7%
2007 7.526.000 55.89%
2008 4.009.000 -87.73%
2009 292.000 -1272.95%
2010 3.982.220 92.67%
2011 7.020.574 43.28%
2012 12.396.000 43.36%
2013 -13.794.000 189.87%
2014 60.097.000 122.95%
2015 55.792.000 -7.72%
2016 50.579.000 -10.31%
2017 67.743.000 25.34%
2018 92.485.000 26.75%
2019 118.742.000 22.11%
2020 133.865.000 11.3%
2021 155.150.000 13.72%
2022 108.389.000 -43.14%
2023 104.661.000 -3.56%
2023 79.238.000 -32.08%
2024 50.386.000 -57.26%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Fiera Capital Corporation Operating Cashflow
Year Operating Cashflow Growth
2005 -779.000
2006 4.034.000 119.31%
2007 7.652.000 47.28%
2008 4.101.000 -86.59%
2009 338.000 -1113.31%
2010 4.585.563 92.63%
2011 9.171.774 50%
2012 14.310.400 35.91%
2013 35.002.000 59.12%
2014 63.735.000 45.08%
2015 66.856.000 4.67%
2016 57.514.000 -16.24%
2017 92.524.000 37.84%
2018 106.294.000 12.95%
2019 149.799.000 29.04%
2020 145.644.000 -2.85%
2021 171.286.000 14.97%
2022 113.310.000 -51.17%
2023 107.504.000 -5.4%
2023 79.708.000 -34.87%
2024 51.032.000 -56.19%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Fiera Capital Corporation Capital Expenditure
Year Capital Expenditure Growth
2005 174.000
2006 714.000 75.63%
2007 126.000 -466.67%
2008 92.000 -36.96%
2009 46.000 -100%
2010 603.343 92.38%
2011 2.151.200 71.95%
2012 1.914.400 -12.37%
2013 48.796.000 96.08%
2014 3.638.000 -1241.29%
2015 11.064.000 67.12%
2016 6.935.000 -59.54%
2017 24.781.000 72.01%
2018 13.809.000 -79.46%
2019 31.057.000 55.54%
2020 11.779.000 -163.66%
2021 16.136.000 27%
2022 4.921.000 -227.9%
2023 2.843.000 -73.09%
2023 470.000 -504.89%
2024 646.000 27.24%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Fiera Capital Corporation Equity
Year Equity Growth
2005 20.305.000
2006 21.607.000 6.03%
2007 24.376.000 11.36%
2008 20.874.000 -16.78%
2009 22.738.000 8.2%
2010 137.896.285 83.51%
2011 137.609.529 -0.21%
2012 297.739.000 53.78%
2013 417.041.000 28.61%
2014 434.211.000 3.95%
2015 470.028.000 7.62%
2016 596.645.000 21.22%
2017 592.011.000 -0.78%
2018 633.726.000 6.58%
2019 543.836.000 -16.53%
2020 470.476.000 -15.59%
2021 418.148.000 -12.51%
2022 346.881.000 -20.55%
2023 320.213.000 -8.33%
2023 327.229.000 2.14%
2024 298.825.000 -9.51%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Fiera Capital Corporation Assets
Year Assets Growth
2005 23.799.000
2006 28.799.000 17.36%
2007 33.591.000 14.27%
2008 26.912.000 -24.82%
2009 27.176.000 0.97%
2010 166.852.288 83.71%
2011 160.480.592 -3.97%
2012 516.774.000 68.95%
2013 776.567.000 33.45%
2014 772.180.000 -0.57%
2015 856.657.000 9.86%
2016 1.193.155.000 28.2%
2017 1.204.915.000 0.98%
2018 1.460.607.000 17.51%
2019 1.706.892.000 14.43%
2020 1.508.333.000 -13.16%
2021 1.472.128.000 -2.46%
2022 1.329.331.000 -10.74%
2023 1.246.023.000 -6.69%
2023 1.287.964.000 3.26%
2024 1.223.923.000 -5.23%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Fiera Capital Corporation Liabilities
Year Liabilities Growth
2005 3.494.000
2006 7.192.000 51.42%
2007 9.215.000 21.95%
2008 6.038.000 -52.62%
2009 4.438.000 -36.05%
2010 28.956.003 84.67%
2011 22.871.063 -26.61%
2012 219.035.000 89.56%
2013 359.526.000 39.08%
2014 337.969.000 -6.38%
2015 386.629.000 12.59%
2016 596.510.000 35.18%
2017 612.904.000 2.67%
2018 826.881.000 25.88%
2019 1.163.056.000 28.9%
2020 1.037.857.000 -12.06%
2021 1.053.980.000 1.53%
2022 982.450.000 -7.28%
2023 925.810.000 -6.12%
2023 960.735.000 3.64%
2024 925.098.000 -3.85%

Fiera Capital Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.44
Net Income per Share
0.59
Price to Earning Ratio
14.58x
Price To Sales Ratio
1.36x
POCF Ratio
6.18
PFCF Ratio
6.39
Price to Book Ratio
3.1
EV to Sales
2.44
EV Over EBITDA
9.18
EV to Operating CashFlow
11.27
EV to FreeCashFlow
11.49
Earnings Yield
0.07
FreeCashFlow Yield
0.16
Market Cap
0,93 Bil.
Enterprise Value
1,67 Bil.
Graham Number
6.09
Graham NetNet
-7.22

Income Statement Metrics

Net Income per Share
0.59
Income Quality
2.32
ROE
0.2
Return On Assets
0.05
Return On Capital Employed
0.12
Net Income per EBT
0.88
EBT Per Ebit
0.55
Ebit per Revenue
0.19
Effective Tax Rate
0.25

Margins

Sales, General, & Administrative to Revenue
0.2
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.02
Gross Profit Margin
0.92
Operating Profit Margin
0.19
Pretax Profit Margin
0.1
Net Profit Margin
0.09

Dividends

Dividend Yield
0.1
Dividend Yield %
9.98
Payout Ratio
1.44
Dividend Per Share
0.86

Operating Metrics

Operating Cashflow per Share
1.39
Free CashFlow per Share
1.37
Capex to Operating CashFlow
0.02
Capex to Revenue
0
Capex to Depreciation
0.05
Return on Invested Capital
0.1
Return on Tangible Assets
0.18
Days Sales Outstanding
79.76
Days Payables Outstanding
783.81
Days of Inventory on Hand
0
Receivables Turnover
4.58
Payables Turnover
0.47
Inventory Turnover
52232000
Capex per Share
0.03

Balance Sheet

Cash per Share
0,40
Book Value per Share
2,80
Tangible Book Value per Share
-5.31
Shareholders Equity per Share
2.78
Interest Debt per Share
7.17
Debt to Equity
2.4
Debt to Assets
0.58
Net Debt to EBITDA
4.07
Current Ratio
1.39
Tangible Asset Value
-0,57 Bil.
Net Current Asset Value
-0,72 Bil.
Invested Capital
989060999
Working Capital
0,06 Bil.
Intangibles to Total Assets
0.71
Average Receivables
0,16 Bil.
Average Payables
0,11 Bil.
Average Inventory
0.5
Debt to Market Cap
0.77

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Fiera Capital Corporation Dividends
Year Dividends Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%
2024 1 0%

Fiera Capital Corporation Profile

About Fiera Capital Corporation

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients. It invests in the public equity and fixed income markets across the globe with a focus on Canada. The firm primarily invests in growth and value stocks of small-cap companies. It also invests in G.A.R.P. and value stocks of large-cap companies. The firm also makes investments in income trusts and preferred shares. It also applies exclusions to be fossil fuel free, integrates environmental, social, and governance considerations, and applies an ethical filter while making its investments. The firm employs fundamental and quantitative analysis along with bottom-up stock picking approach to create its equity portfolios. It employs a top-down macro-economic research to make its fixed income investments. The firm also makes alternative investments, including the use of long/short equity strategy. It benchmarks the performance of its portfolio against the S&P/TSX Index, MSCI ACWI Index, S&P/TSX Composite FFF Index, and S&P 500 indices. The firm conducts in-house research to make its investments. It makes investments in social infrastructure with a focus on affordable housing and community health care facilities and also makes investment in solar and wind power generation, transport, and mid-market assets. It typically invests in Canada. It was formerly known as Fiera Sceptre Inc. Fiera Capital Corporation was founded in 2002 and is based in Montréal, Canada with an additional office in Toronto, Canada, Calgary, Canada, and Vancouver, Canada.

CEO
Mr. Jean-Guy Desjardins C.F.A
Employee
856
Address
1981 McGill College Avenue
Montreal, H3A 0H5

Fiera Capital Corporation Executives & BODs

Fiera Capital Corporation Executives & BODs
# Name Age
1 Mr. Jean-Guy Desjardins C.F.A., C.M., L.SC. COMM.
Chairman of the Board & Global Chief Executive Officer
70
2 Mr. John Valentini CPA
Executive Director, President & Chief Executive Officer of Fiera Private Markets
70
3 Mr. Jean Michel C.F.A.
Executive Director, President & Chief Investment Officer of Public Markets
70
4 Mr. Louis Bourassa
Senior Vice President & Senior Investment Counsellor
70
5 Mr. Gabriel Castiglio Esq.
Executive Director, Corporate Secretary & Global Chief Legal Officer
70
6 Mr. Maxime Ménard CFA
President & Chief Executive Officer of Fiera Canada and Global Private Wealth
70
7 Mr. Lucas Emilio Pontillo
Executive Director & Global Chief Financial Officer
70
8 Marie-France Guay
Senior Vice President of Treasury & Investor Relations
70
9 Mr. Jonathan Moncrieff
Global Chief Compliance Officer
70
10 Mr. Donald C. Conner
Senior Vice President & Investment Counsellor
70

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