FirstService Corporation (FSV) vs Newmark Group, Inc. (NMRK)

FirstService Corporation and Newmark Group, Inc. are both Real Estate Services companies. FirstService Corporation is the larger, with a market value of $5.8B against $2.4B — 2.5× the size. Newmark Group, Inc. trades at the lower P/E: 15.7× against 36.3×. Newmark Group, Inc. grew revenue faster over the last twelve months: 20.8% against 3.12%. Newmark Group, Inc. has the higher net margin (4.11% vs 2.88%) and the lower return on invested capital (7.76% vs 9.59%). Both pay a dividend; Newmark Group, Inc. yields more (1.14% vs 0.59%). Across the 23 metrics below, Newmark Group, Inc. leads on 17 and FirstService Corporation on 6.

Valuation

Metric FSV NMRK Real Estate Services median
P/E 36.33 15.73 16.25
P/S 1.04 0.65 1.12
P/B 4.79 1.34 1.32
Price to free cash flow 17.39 2.92 13.29
EV/EBITDA 12.93 4.57 10.22
EV/Sales 1.25 0.78 1.16
Earnings yield 2.75% 6.36% 0.99%
Free cash flow yield 5.75% 34.19% (0.97%)

Profitability

Metric FSV NMRK Real Estate Services median
Gross margin 33.37% 100.00% 26.81%
Operating margin 6.22% 7.66% 0.00%
Net margin 2.88% 4.11% 0.11%
Free cash flow margin 5.99% 22.13% 0.00%
Return on equity 13.07% 9.12% 0.94%
Return on assets 3.70% 2.80% 0.00%
Return on invested capital 9.59% 7.76% 0.00%

Growth

Metric FSV NMRK Real Estate Services median
Revenue growth (TTM) 3.12% 20.82% 4.33%
EPS growth (last fiscal year) 6.73% 80.38% —
Revenue growth, 5-year CAGR 14.67% 11.57% 4.05%
Net income growth, 5-year CAGR 10.70% 9.53% 0.00%

Health

Metric FSV NMRK Real Estate Services median
Debt to equity 1.03 0.50 0.08
Current ratio 1.98 0.55 1.95
Net debt to EBITDA 1.72 0.57 0.54

Dividend

Metric FSV NMRK Real Estate Services median
Dividend yield 0.59% 1.14% 1.33%
Payout ratio 0.29 0.67 0.00

Size

Metric FSV NMRK Real Estate Services median
Market cap 5.81b 2.37b 218.52m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack