FirstService Corporation (FSV): A Bull Case Theory

We came across a bullish thesis on FirstService Corporation on WorldlyInvest’s Substack. As of 2ⁿᵈ July, FirstService Corporation’s share was trading at $176.15. FSV’s trailing and forward P/E were 60.95 and 31.29, respectively according to Yahoo Finance.

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A construction site with workers wearing hard hats and safety vests, installing roofing materials.

The thesis on FSV presents it as a long-term compounder benefiting from both organic and inorganic growth opportunities. The company...