Fiera Capital Corporation
stock CA:FSZ (TORONTO)

Alternative ID: CA31660A1030

Watch List

  • Exchange: TORONTO
  • Sector: Financial
  • Industry: Asset Management
  • Market Cap: Small (911.05M)
  • Data in CAD
  • EPS: -0.03
  • Current PE: -1,919.06
  • BVPS: 3.85
  • Price/BVPS: 15.89
  • Dividend: 0.84 / 9.6%
  • Hist Grade: C (54.96)
  • YOY Grade: D (37.18)
  • Debt/FCF: 4.15
  • ROIC: 4.6%
  • PEG: -1.00
  • PEGY: -1.00
  • Value Price: 0.00
  • MOS Price: 0.00
  • MOS %: -100.0%
  • Graham Number: 0.00
  • Graham MOS %: -100.0%
  • IRT: 99.00

Market Price

61.16 

-0.25 -0.4%

as of Jun 05 '23

52 Week Range:

8.23 64.28

Stock Analyzer Tutorials

S2O Stock Analyzer - General Info

General Info


type: video (mp4); length: 3:30

Demonstrates how to use Stock Analyzer, shows how to analyze a stock and explains in detail "General Info" section of the Stock Analyzer result page.

S2O Stock Analyzer - Financial Statements

Financial Statements


type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

S2O Stock Analyzer - Growth Grade and Financial Ratios

Growth Grade and Financial Ratios


type: video (mp4); length: 5:09

Demonstrates how to use Growth Grade & Financial Ratios section; shows the difference between historical and year-over-year Growth Grade on the real life example.

S2O Stock Analyzer - Value Price

Value Price


type: video (mp4); length: 6:03

Demonstrates how to use Value Price (intrinsic value) and the Graham Number, MOS (margin of safety) and IRT - Investment Recovery Time; explains 3 different projection models used to compute value price - pessimistic, moderate and optimistic.

S2O Stock Analyzer - Price Charts

Price Charts


type: video (mp4); length: 8:34

Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

General Info

  • Exchange: TORONTO
  • Sector: Financial
  • Industry: Asset Management
  • Market Cap: Small (911.05M)
  • Inst. Ownership: 15.49%
  • Insider Ownership: 23.92%
  • Full Time Employees: 844
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.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement


 

Cash Flow Statement


 

Balance Sheet


 

Liquidity Ratios

Current Ratio

 

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

 

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

 

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

 

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

 

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC

 

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Apr '21 Dec '21
Equity (BVPS) 5.26
6.21
6.21
6.26
6.57
5.92
6.57
5.54
4.90
6.57
3.85
growth rate 18.1% 0.0% 0.8% 5.0% -9.9% 11.0% -15.7% -11.6% 34.1% -41.4%
Earnings BIT 5.81
36.09
43.85
46.84
44.53
47.67
68.76
88.37
106.47
150.71
growth rate 521.1% 21.5% 6.8% -4.9% 7.1% 44.3% 28.5% 20.5% 19.0%
Avg.PE 125.40
56.50
34.17
29.91
40.39
60.44
1,242.00
1,242.00
1,223.33
96.30
30.93
growth rate -54.9% -39.5% -12.5% 35.0% 49.6% 1,954.9% 0.0% -1.5% -92.1% -67.9%
ROA 0.60
2.31
3.55
3.39
2.03
0.89
-0.38
-0.85
-0.21
4.93
growth rate 285.0% 53.7% -4.5% -40.1% -56.2% -100.0% 0.0% 0.0% 100.0%
ROE 1.00
4.19
6.44
6.06
3.99
1.84
-0.82
-2.28
-0.67
16.65
growth rate 319.0% 53.7% -5.9% -34.2% -53.9% -100.0% 0.0% 0.0% 100.0%
ROIC 3.72
5.22
4.95
3.58
2.30
1.44
1.06
1.95
8.60
growth rate 40.3% -5.2% -27.7% -35.8% -37.4% -26.4% 84.0% 110.0%
Cur. Ratio 1.63
1.68
1.70
1.51
1.21
1.35
1.11
1.41
1.16
growth rate 3.1% 1.2% -11.2% -19.9% 11.6% -17.8% 27.0% -9.3%
Quick Ratio 1.55
1.61
1.48
1.44
1.14
1.08
1.02
0.98
1.09
growth rate 3.9% -8.1% -2.7% -20.8% -5.3% -5.6% -3.9% 5.5%
Leverage 1.87
1.77
1.80
2.11
2.03
2.31
3.14
3.22
3.54
growth rate -5.4% 1.7% 17.2% -3.8% 13.8% 35.9% 2.6% 4.9%
Balance Sheet Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Apr '21 Dec '21
Acct.Receivable 29.90
56.07
59.96
65.44
116.40
128.40
148.46
177.01
146.01
216.45
growth rate 87.5% 6.9% 9.1% 77.9% 10.3% 15.6% 19.2% -17.5% 21.8%
Acct.Payable 14.93
11.99
12.95
22.30
29.56
36.30
52.18
32.68
56.50
growth rate -19.7% 8.0% 72.3% 32.5% 22.8% 43.8% -37.4% 31.5%
Cur.Assets 43.90
92.02
90.06
112.12
172.69
185.90
257.45
300.79
314.17
349.35
growth rate 109.6% -2.1% 24.5% 54.0% 7.7% 38.5% 16.8% 4.5% 5.5%
Total Assets 516.80
776.57
772.18
856.66
1,200.69
1,204.92
1,460.61
1,706.89
1,508.33
1,472.13
growth rate 50.3% -0.6% 10.9% 40.2% 0.4% 21.2% 16.9% -11.6% -1.2%
Cash 6.00
21.77
16.88
25.73
40.11
41.08
52.47
96.22
68.86
102.59
growth rate 262.9% -22.5% 52.4% 55.9% 2.4% 27.7% 83.4% -28.4% 22.1%
Inventory 0.00
growth rate
Cur.Liabilities 31.30
56.33
53.68
65.92
114.74
153.43
190.32
270.69
222.34
300.02
growth rate 80.0% -4.7% 22.8% 74.0% 33.7% 24.1% 42.2% -17.9% 16.2%
Liabilities 219.00
359.53
337.97
386.63
604.04
612.90
826.88
1,163.06
1,037.86
1,053.98
growth rate 64.2% -6.0% 14.4% 56.2% 1.5% 34.9% 40.7% -10.8% 0.8%
LT Debt 108.10
228.91
223.03
265.62
429.14
369.88
501.71
636.05
644.78
603.65
growth rate 111.8% -2.6% 19.1% 61.6% -13.8% 35.6% 26.8% 1.4% -3.2%
Equity 297.70
416.08
437.15
474.94
566.24
592.55
632.96
542.81
467.98
415.31
growth rate 39.8% 5.1% 8.6% 19.2% 4.7% 6.8% -14.2% -13.8% -5.8%
Common Shares 35.40
59.00
70.00
71.00
78.00
88.00
775.62
810.51
829.59
78.00
835.09
growth rate 66.7% 18.6% 1.4% 9.9% 12.8% 781.4% 4.5% 2.4% -90.6% 970.6%
Cash Flow Statement Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Apr '21 Dec '21
Capital Expenditures 4.73
0.57
1.30
9.41
3.99
3.24
2.51
16.05
11.78
16.14
growth rate -87.9% 126.4% 626.6% -57.6% -18.9% -22.4% 538.9% -26.6% 17.0%
Cash Dividends 19.42
22.59
31.32
37.85
49.23
58.31
73.58
83.39
85.33
87.68
growth rate 16.3% 38.6% 20.9% 30.1% 18.5% 26.2% 13.3% 2.3% 1.4%
Cash From OA 17.89
35.00
63.74
66.86
57.51
92.52
106.29
149.80
145.38
171.29
growth rate 95.7% 82.1% 4.9% -14.0% 60.9% 14.9% 40.9% -3.0% 8.6%
FCF per Share 0.75
0.75
0.84
0.62
0.74
0.64
1.09
1.13
0.62
1.37
growth rate 0.0% 12.0% -26.2% 19.4% -13.5% 70.3% 3.7% -45.1% 121.0%
Sale Purchase of Stock 105.97
3.52
4.26
3.96
86.21
growth rate -96.7% 21.0% -7.0% 2,077.0%
FCF 13.16
-14.00
60.00
56.00
51.00
68.00
92.00
119.00
134.00
51.00
155.00
growth rate -100.0% 100.0% -6.7% -8.9% 33.3% 35.3% 29.4% 12.6% -61.9% 203.9%
Income Statement Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Apr '21 Dec '21
Sales 115.33
153.73
222.36
258.42
342.71
456.69
545.58
654.95
695.15
749.87
growth rate 33.3% 44.6% 16.2% 32.6% 33.3% 19.5% 20.1% 6.1% 3.9%
Op.Income 5.81
36.09
43.85
46.84
44.53
47.67
68.76
88.37
106.47
150.71
growth rate 521.1% 21.5% 6.8% -4.9% 7.1% 44.3% 28.5% 20.5% 19.0%
IBT 5.81
21.99
28.75
32.44
22.21
14.87
-5.18
-1.01
9.65
98.84
growth rate 278.6% 30.7% 12.8% -31.5% -33.0% -100.0% 0.0% 100.0% 220.1%
Net Income 3.03
14.94
27.49
27.63
20.78
10.67
-5.01
-13.42
-3.38
73.53
growth rate 393.0% 84.0% 0.5% -24.8% -48.6% -100.0% 0.0% 0.0% 100.0%
EPS 0.06
0.25
0.40
0.39
0.27
0.12
-0.05
-0.14
-0.03
0.27
0.68
growth rate 316.7% 60.0% -2.5% -30.8% -55.6% -100.0% 0.0% 0.0% 100.0% 151.9%
Gross Profit 114.85
150.87
217.25
253.59
339.12
454.51
543.73
650.87
695.15
749.87
growth rate 31.4% 44.0% 16.7% 33.7% 34.0% 19.6% 19.7% 6.8% 3.9%

Quarterly Statements

Item Name Apr '21 Sep '21 Dec '21 Mar '22 Jun '22
Earnings BIT 30.23
28.08
65.68
17.34
32.21
growth rate -7.1% 133.9% -73.6% 85.8%
Balance Sheet Apr '21 Sep '21 Dec '21 Mar '22 Jun '22
Acct.Receivable 150.39
160.36
216.45
174.75
142.54
growth rate 6.6% 35.0% -19.3% -18.4%
Acct.Payable 142.32
142.02
56.50
114.70
122.58
growth rate -0.2% -60.2% 103.0% 6.9%
Cur.Assets 243.46
249.84
349.35
249.69
230.31
growth rate 2.6% 39.8% -28.5% -7.8%
Total Assets 1,389.36
1,392.08
1,472.13
1,335.53
1,308.11
growth rate 0.2% 5.8% -9.3% -2.1%
Cash 42.74
52.74
102.59
50.35
49.69
growth rate 23.4% 94.5% -50.9% -1.3%
Cur.Liabilities 192.45
216.98
300.02
200.76
186.05
growth rate 12.7% 38.3% -33.1% -7.3%
Liabilities 969.61
986.82
1,053.98
965.16
945.87
growth rate 1.8% 6.8% -8.4% -2.0%
LT Debt 623.22
616.01
603.65
620.21
642.74
growth rate -1.2% -2.0% 2.7% 3.6%
Equity 418.67
403.37
415.31
366.92
359.56
growth rate -3.7% 3.0% -11.7% -2.0%
Common Shares 827.99
830.29
835.09
812.06
813.71
growth rate 0.3% 0.6% -2.8% 0.2%
Cash Flow Statement Apr '21 Sep '21 Dec '21 Mar '22 Jun '22
Capital Expenditures 4.68
3.36
0.44
1.22
1.41
growth rate -28.2% -86.9% 176.8% 15.7%
Cash Dividends 43.55
21.86
22.27
43.85
43.85
growth rate -49.8% 1.9% 96.9% 0.0%
Cash From OA 61.45
36.96
97.23
-25.95
46.85
growth rate -39.9% 163.1% -100.0% 100.0%
Sale Purchase of Stock
growth rate
FCF 56.78
33.60
96.79
-27.17
45.45
growth rate -40.8% 188.0% -100.0% 100.0%
Income Statement Apr '21 Sep '21 Dec '21 Mar '22 Jun '22
Sales 166.61
176.27
240.88
172.32
164.94
growth rate 5.8% 36.7% -28.5% -4.3%
Op.Income 30.23
28.08
65.68
17.34
32.21
growth rate -7.1% 133.9% -73.6% 85.8%
IBT 18.79
6.80
49.07
7.06
12.43
growth rate -63.8% 621.6% -85.6% 76.1%
Net Income 13.31
2.33
35.66
3.42
10.76
growth rate -82.5% 1,428.3% -90.4% 214.7%
EPS
growth rate
Gross Profit 166.61
176.27
240.88
172.32
164.94
growth rate 5.8% 36.7% -28.5% -4.3%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

C (54.96)

YOY Growth Grade:

D (37.18)

Click on buttons above for detailed yearly growth rates.

Market Ratios

  • Dividend Yield: 9.6%

  • Beta: 1.49

    Beta of 1.4861 suggests that the asset is more volatile than the rest of the market.

  • PE: -1,919.06

  • EY: -0.1%

  • PEG: -1.00

    PEG Ratio of -1.00 suggests that annual EPS growth is negative, which is a bad sign.

  • PEGY: -1.00

    PEGY Ratio of -1.00 suggests that annual EPS growth is negative, which is a bad sign.

  • Price/BVPS: 15.89

Profitability Ratios

  • ROE: 16.7%

    Return on Equity (ROE) of 16.7% suggests that a company is doing well.

  • ROS: 20.1%

    The value of Return on Sales depends on the business and/or industry. Usually the higher ratio the better.

  • ROA: 6.7%

    Return on Assets (ROA). Low ratio usually means poor performance, or ineffective use of assets by management. High ratio usually means good performance.

  • ROI: 23.8%

    Return on Investment (ROI) of 23.8% suggests that a company is doing well.

  • ROIC: 4.6%

    Return on Invested Capital (ROIC) of 4.6% suggests that a company may not be able to fund future growth from within.

Liquidity Ratios

  • Current Ratio: 1.16

    Current Ratio of 1.16 suggests that a company may not be able to pay off bills as rapidly as it should.

  • Quick Ratio: 1.06

    Quick Ratio of 1.06 suggests that a company is doing well.

  • Cash Turnover: 15.20

    Turnover Of Cash Ratio of 15.20 suggests that a company may be vulnerable to creditors. As a result it may be unable to pay wages or utility bills.

  • Equity Ratio: 28.2%

    Equity Ratio of 28.2% suggests that a company has high financing and debt service costs, not very attractive to investors.

  • Debt/Equity: 253.8%

    Debt to Equity Ratio of 253.8% suggests that greater risk assumed by creditors, hence greater interest by them in the way the company is being managed.

  • Debt/FCF: 4.15

    Debt/FCF of 4.15 suggests that a company does not have enough cash to pay off its long term debt within three years.

Efficiency Ratios

  • Avg Collection Period: 105.36

    Average Collection Period of 105.36 days suggests a slow turnover, which may be the result of a number of bad accounts, or a tax collection policy or perhaps credit is being used to generate sales.

  • Inventory Turnover:

  • Cash Flow Ratio: 4.47

    Cash Flow Ratio of 4.47 suggests a company is doing OK, but lower inventory is generally viewed as a positive trend.

  • Profit Margin: 9.8%

Value Price

Current EPS is negative, therefore value price cannot be calculated.

PE and EPS

Historical Current Forward
PE 29.01 -1,911.25 5.65
EPS / Growth 2.6% -0.03 1.7%

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 1.0%

Estimates Pessimistic Moderate Optimistic My Numbers
Rate of Return 15.0%
MOS Price % 50 %
Future EPS Growth 1.0% 1.8% 1.8%
Future PE 2.00 4.61 4.61
Future EPS 0.00 0.00 0.00
Value Price
MOS %		 0.00
-100.0% 		0.00
-100.0% 		0.00
-100.0%
MOS Price 0.00 0.00 0.00
IRT 99.00 99.00 99.00

Graham Number:

Current EPS is negative, therefore Graham Number cannot be calculated.
NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

  • Graham Number: 0.00
  • Graham MOS: -100.0%

Price Chart

The functionality you are trying to reach is available to registered users only.

Login to your account or Register Now if you are not registered yet. Registration is FREE and will take only a minute.

Risk / Reward Ratios

The functionality you are trying to reach is available to registered users only.

Login to your account or Register Now if you are not registered yet. Registration is FREE and will take only a minute.