WallStSmart

FirstService Corp (FSV)vsPrologis Inc (PLD)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Prologis Inc generates 69% more annual revenue ($9.38B vs $5.56B). PLD leads profitability with a 39.7% profit margin vs 2.9%. FSV appears more attractively valued with a PEG of 2.17. PLD earns a higher WallStSmart Score of 63/100 (C+).

FSV

Buy

54

out of 100

Grade: C-

Growth: 8.0Profit: 5.0Value: 6.0Quality: 5.8
Piotroski: 2/9Altman Z: 2.23

PLD

Buy

63

out of 100

Grade: C+

Growth: 8.0Profit: 7.0Value: 5.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FSVUndervalued (+60.0%)

Margin of Safety

+60.0%

Fair Value

$394.36

Current Price

$134.08

$260.28 discount

UndervaluedFair: $394.36Overvalued
PLDUndervalued (+48.3%)

Margin of Safety

+48.3%

Fair Value

$268.84

Current Price

$138.82

$130.02 discount

UndervaluedFair: $268.84Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FSV1 strengths · Avg: 10.0/10
EPS GrowthGrowth
626.0%10/10

Earnings expanding 626.0% YoY

PLD5 strengths · Avg: 9.4/10
Profit MarginProfitability
39.7%10/10

Keeps 40 of every $100 in revenue as profit

Operating MarginProfitability
38.5%10/10

Strong operational efficiency at 38.5%

EPS GrowthGrowth
65.2%10/10

Earnings expanding 65.2% YoY

Market CapQuality
$132.47B9/10

Large-cap with strong market position

Price/BookValuation
2.4x8/10

Reasonable price relative to book value

Areas to Watch

FSV4 concerns · Avg: 3.3/10
PEG RatioValuation
2.174/10

Expensive relative to growth rate

Profit MarginProfitability
2.9%3/10

2.9% margin — thin

Operating MarginProfitability
3.7%3/10

Operating margin of 3.7%

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PLD4 concerns · Avg: 2.8/10
P/E RatioValuation
39.8x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
6.8%3/10

ROE of 6.8% — below average capital efficiency

PEG RatioValuation
110.542/10

Expensive relative to growth rate

Free Cash FlowQuality
$-3.75B2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : FSV

The strongest argument for FSV centers on EPS Growth.

Bull Case : PLD

The strongest argument for PLD centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 39.7% and operating margin at 38.5%.

Bear Case : FSV

The primary concerns for FSV are PEG Ratio, Profit Margin, Operating Margin. A P/E of 40.3x leaves little room for execution misses. Thin 2.9% margins leave little buffer for downturns.

Bear Case : PLD

The primary concerns for PLD are P/E Ratio, Return on Equity, PEG Ratio.

Key Dynamics to Monitor

FSV profiles as a value stock while PLD is a mature play — different risk/reward profiles.

PLD carries more volatility with a beta of 1.41 — expect wider price swings.

PLD is growing revenue faster at 8.3% — sustainability is the question.

FSV generates stronger free cash flow (60M), providing more financial flexibility.

Bottom Line

PLD scores higher overall (63/100 vs 54/100), backed by strong 39.7% margins. FSV offers better value entry with a 60.0% margin of safety. Both earn "Buy" and "Buy" 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.

Prologis Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities, with a focus on the consumption side of the global supply chain.

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