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FSV.TO vs. CSU.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

FSV.TO vs. CSU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in FirstService Corporation (FSV.TO) and Constellation Software Inc. (CSU.TO). The values are adjusted to include any dividend payments, if applicable.

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FSV.TO vs. CSU.TO - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSV.TO
FirstService Corporation
-9.34%-17.49%22.03%30.24%-32.79%43.41%45.02%29.85%7.33%39.01%
CSU.TO
Constellation Software Inc.
-25.99%-25.63%35.48%58.92%-9.69%42.35%41.33%48.51%15.31%25.83%

Fundamentals

Market Cap

FSV.TO:

CA$8.87B

CSU.TO:

CA$51.77B

EPS

FSV.TO:

CA$3.91

CSU.TO:

CA$24.24

PE Ratio

FSV.TO:

49.50

CSU.TO:

100.75

PEG Ratio

FSV.TO:

24.67

CSU.TO:

5.29

PS Ratio

FSV.TO:

1.31

CSU.TO:

4.43

Total Revenue (TTM)

FSV.TO:

CA$5.54B

CSU.TO:

CA$11.67B

Gross Profit (TTM)

FSV.TO:

CA$1.69B

CSU.TO:

CA$5.50B

EBITDA (TTM)

FSV.TO:

CA$532.99M

CSU.TO:

CA$2.79B

Returns By Period

In the year-to-date period, FSV.TO achieves a -9.34% return, which is significantly higher than CSU.TO's -25.99% return. Over the past 10 years, FSV.TO has underperformed CSU.TO with an annualized return of 14.63%, while CSU.TO has yielded a comparatively higher 18.00% annualized return.


FSV.TO

1D
2.05%
1M
-9.97%
YTD
-9.34%
6M
-26.89%
1Y
-18.51%
3Y*
1.10%
5Y*
0.78%
10Y*
14.63%

CSU.TO

1D
2.31%
1M
-3.06%
YTD
-25.99%
6M
-35.30%
1Y
-46.33%
3Y*
-1.15%
5Y*
7.00%
10Y*
18.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

FSV.TO vs. CSU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSV.TO
FSV.TO Risk / Return Rank: 1717
Overall Rank
FSV.TO Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
FSV.TO Sortino Ratio Rank: 1313
Sortino Ratio Rank
FSV.TO Omega Ratio Rank: 1414
Omega Ratio Rank
FSV.TO Calmar Ratio Rank: 2525
Calmar Ratio Rank
FSV.TO Martin Ratio Rank: 2424
Martin Ratio Rank

CSU.TO
CSU.TO Risk / Return Rank: 66
Overall Rank
CSU.TO Sharpe Ratio Rank: 22
Sharpe Ratio Rank
CSU.TO Sortino Ratio Rank: 33
Sortino Ratio Rank
CSU.TO Omega Ratio Rank: 55
Omega Ratio Rank
CSU.TO Calmar Ratio Rank: 1212
Calmar Ratio Rank
CSU.TO Martin Ratio Rank: 99
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSV.TO vs. CSU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FirstService Corporation (FSV.TO) and Constellation Software Inc. (CSU.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


FSV.TOCSU.TODifference

Sharpe ratio

Return per unit of total volatility

-0.70

-1.20

+0.50

Sortino ratio

Return per unit of downside risk

-0.89

-1.83

+0.95

Omega ratio

Gain probability vs. loss probability

0.89

0.78

+0.11

Calmar ratio

Return relative to maximum drawdown

-0.51

-0.82

+0.32

Martin ratio

Return relative to average drawdown

-1.02

-1.54

+0.52

FSV.TO vs. CSU.TO - Sharpe Ratio Comparison

The current FSV.TO Sharpe Ratio is -0.70, which is higher than the CSU.TO Sharpe Ratio of -1.20. The chart below compares the historical Sharpe Ratios of FSV.TO and CSU.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSV.TOCSU.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.70

-1.20

+0.50

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.03

0.26

-0.23

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.57

0.68

-0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.63

1.18

-0.55

Correlation

The correlation between FSV.TO and CSU.TO is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

FSV.TO vs. CSU.TO - Dividend Comparison

FSV.TO's dividend yield for the trailing twelve months is around 0.59%, more than CSU.TO's 0.23% yield.


TTM20252024202320222021202020192018201720162015
FSV.TO
FirstService Corporation
0.59%0.72%0.53%0.56%0.76%0.44%0.51%0.66%0.76%0.72%0.91%0.71%
CSU.TO
Constellation Software Inc.
0.23%0.17%0.12%0.16%0.25%0.21%0.30%2.53%0.60%0.68%0.86%0.90%

Drawdowns

FSV.TO vs. CSU.TO - Drawdown Comparison

The maximum FSV.TO drawdown since its inception was -42.79%, smaller than the maximum CSU.TO drawdown of -56.38%. Use the drawdown chart below to compare losses from any high point for FSV.TO and CSU.TO.


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Drawdown Indicators


FSV.TOCSU.TODifference

Max Drawdown

Largest peak-to-trough decline

-42.79%

-56.38%

+13.59%

Max Drawdown (1Y)

Largest decline over 1 year

-35.85%

-56.38%

+20.53%

Max Drawdown (5Y)

Largest decline over 5 years

-42.56%

-56.38%

+13.82%

Max Drawdown (10Y)

Largest decline over 10 years

-42.79%

-56.38%

+13.59%

Current Drawdown

Current decline from peak

-32.63%

-52.80%

+20.17%

Average Drawdown

Average peak-to-trough decline

-11.07%

-6.44%

-4.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

17.75%

30.12%

-12.37%

Volatility

FSV.TO vs. CSU.TO - Volatility Comparison

The current volatility for FirstService Corporation (FSV.TO) is 7.39%, while Constellation Software Inc. (CSU.TO) has a volatility of 15.21%. This indicates that FSV.TO experiences smaller price fluctuations and is considered to be less risky than CSU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSV.TOCSU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.39%

15.21%

-7.82%

Volatility (6M)

Calculated over the trailing 6-month period

20.87%

30.67%

-9.80%

Volatility (1Y)

Calculated over the trailing 1-year period

26.58%

38.82%

-12.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.88%

27.21%

-3.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.95%

26.74%

-0.79%

Financials

FSV.TO vs. CSU.TO - Financials Comparison

This section allows you to compare key financial metrics between FirstService Corporation and Constellation Software Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


1.00B1.50B2.00B2.50B3.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
1.40B
3.23B
(FSV.TO) Total Revenue
(CSU.TO) Total Revenue
Values in CAD except per share items

FSV.TO vs. CSU.TO - Profitability Comparison

The chart below illustrates the profitability comparison between FirstService Corporation and Constellation Software Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

30.0%40.0%50.0%60.0%70.0%80.0%90.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
25.0%
26.7%
Portfolio components
FSV.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, FirstService Corporation reported a gross profit of 351.62M and revenue of 1.40B. Therefore, the gross margin over that period was 25.0%.

CSU.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Constellation Software Inc. reported a gross profit of 862.05M and revenue of 3.23B. Therefore, the gross margin over that period was 26.7%.

FSV.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, FirstService Corporation reported an operating income of 94.77M and revenue of 1.40B, resulting in an operating margin of 6.8%.

CSU.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Constellation Software Inc. reported an operating income of 556.42M and revenue of 3.23B, resulting in an operating margin of 17.3%.

FSV.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, FirstService Corporation reported a net income of 39.58M and revenue of 1.40B, resulting in a net margin of 2.8%.

CSU.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Constellation Software Inc. reported a net income of 111.69M and revenue of 3.23B, resulting in a net margin of 3.5%.