Compass Inc (COMP) is overvalued and FirstService Corp (FSV) is overvalued.
Both trade above our estimate of their intrinsic value. COMP is the closer of the two: -30%, against -41% for FSV.
Values as of the 22 Sept 2026 close.
A 0.9x revenue multiple, discounted for its losses, values the shares at $7.43; the price of $9.67 is 30% above that value.
Leak Score 0/100 on 3 of 12 signals
Discounting its cash flows at 8.7% (average of 3 methods) values the shares at $94.25; the price of $133.34 is 41% above that value, and 78% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
| Metric | COMP | FSV |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $9.67 | $133.34 |
| Intrinsic value | $7.43 | $94.25 |
| Margin of safety | -30% | -41% |
| Leak Score | 0/100 (3/12) | 14/100 (3/12) |
| Market cap | $7.4B | $6.1B |
| Revenue growth, 5 years | 13.4% | 14.7% |
| Operating margin | -0.2% | 6.2% |
| Net margin | 0.6% | 2.9% |
| Return on equity | 3.6% | 13.1% |
| Debt to equity | 1.38 | 1.28 |
| P/E | 181.4x | 37.8x |
| Forward P/E | 37.4x | 19.9x |
| P/B | 2.5x | 4.8x |
| Dividend yield | — | 0.9% |