Fiera Capital Corporation (FSZ) - Net Assets

Latest as of December 2025: CA$266.27 Million CAD ≈ $192.61 Million USD

Based on the latest financial reports, Fiera Capital Corporation (FSZ) has net assets worth CA$266.27 Million CAD (≈ $192.61 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.22 Billion ≈ $884.52 Million USD) and total liabilities (CA$956.48 Million ≈ $691.90 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Fiera Capital Corporation to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$266.27 Million
% of Total Assets 21.78%
Annual Growth Rate 12.89%
5-Year Change -36.32%
10-Year Change -55.37%
Growth Volatility 109.9

Fiera Capital Corporation - Net Assets Trend (2004–2025)

This chart illustrates how Fiera Capital Corporation's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Fiera Capital Corporation for the complete picture of this company's asset base.

Annual Net Assets for Fiera Capital Corporation (2004–2025)

The table below shows the annual net assets of Fiera Capital Corporation from 2004 to 2025. For live valuation and market cap data, see FSZ market cap.

Year Net Assets Change
2025-12-31 CA$266.27 Million
≈ $192.61 Million		 -9.35%
2024-12-31 CA$293.72 Million
≈ $212.47 Million		 -10.24%
2023-12-31 CA$327.23 Million
≈ $236.71 Million		 -5.67%
2022-12-31 CA$346.88 Million
≈ $250.93 Million		 -17.04%
2021-12-31 CA$418.15 Million
≈ $302.48 Million		 -11.12%
2020-12-31 CA$470.48 Million
≈ $340.34 Million		 -13.49%
2019-12-31 CA$543.84 Million
≈ $393.40 Million		 -14.18%
2018-12-31 CA$633.73 Million
≈ $458.43 Million		 +7.05%
2017-12-31 CA$592.01 Million
≈ $428.25 Million		 -0.78%
2016-12-31 CA$596.64 Million
≈ $431.60 Million		 +26.94%
2015-12-31 CA$470.03 Million
≈ $340.01 Million		 +8.25%
2014-12-31 CA$434.21 Million
≈ $314.10 Million		 +4.12%
2013-12-31 CA$417.04 Million
≈ $301.68 Million		 +40.07%
2012-12-31 CA$297.74 Million
≈ $215.38 Million		 +111.41%
2011-12-31 CA$140.84 Million
≈ $101.88 Million		 +2.13%
2010-12-31 CA$137.90 Million
≈ $99.75 Million		 +506.46%
2009-12-31 CA$22.74 Million
≈ $16.45 Million		 +8.93%
2008-12-31 CA$20.87 Million
≈ $15.10 Million		 -14.37%
2007-12-31 CA$24.38 Million
≈ $17.63 Million		 +10.38%
2006-12-31 CA$22.08 Million
≈ $15.97 Million		 +8.76%
2005-12-31 CA$20.30 Million
≈ $14.69 Million		 -2.78%
2004-12-31 CA$20.89 Million
≈ $15.11 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Fiera Capital Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 24405.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock CA$833.06 Million 318.92%
Other Comprehensive Income CA$-3.10 Million -1.19%
Other Components CA$23.81 Million 9.12%
Total Equity CA$261.21 Million 100.00%

Fiera Capital Corporation Competitors by Market Cap

The table below lists competitors of Fiera Capital Corporation ranked by their market capitalization.

Company Market Cap
Suzhou Institute of Building Science Group Co Ltd
SHG:603183
 $356.47 Million
GSR III Acquisition Corp. Ordinary Shares
NASDAQ:GSRT
 $356.55 Million
Austindo Nusantara Jaya Tbk
JK:ANJT
 $356.72 Million
Shenzhen L&A Design Holding Limited
SHE:300949
 $356.73 Million
Baoding Dongli Machinery Co.Ltd.
SHE:301298
 $356.38 Million
Oceana
JSE:OCE
 $356.37 Million
Shandong Sino-Agri United Biotechnology Co Ltd
SHE:003042
 $356.31 Million
DWS Municipal Income Trust
NYSE:KTF
 $356.08 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Fiera Capital Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 285,065,000 to 261,211,000, a change of -23,854,000 (-8.4%).
  • Net income of 39,047,000 contributed positively to equity growth.
  • Dividend payments of 57,393,000 reduced retained earnings.
  • Share repurchases of 13,548,000 reduced equity.
  • Other comprehensive income decreased equity by 5,892,000.
  • Other factors increased equity by 13,932,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$39.05 Million +14.95%
Dividends Paid CA$57.39 Million -21.97%
Share Repurchases CA$13.55 Million -5.19%
Other Comprehensive Income CA$-5.89 Million -2.26%
Other Changes CA$13.93 Million +5.33%
Total Change CA$- -8.37%

Book Value vs Market Value Analysis

This analysis compares Fiera Capital Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.77x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 3.85x to 2.77x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 CA$1.47 CA$5.65 x
2005-12-31 CA$1.44 CA$5.65 x
2006-12-31 CA$1.56 CA$5.65 x
2007-12-31 CA$1.71 CA$5.65 x
2008-12-31 CA$1.48 CA$5.65 x
2009-12-31 CA$1.62 CA$5.65 x
2010-12-31 CA$8.65 CA$5.65 x
2011-12-31 CA$3.81 CA$5.65 x
2012-12-31 CA$6.08 CA$5.65 x
2013-12-31 CA$7.00 CA$5.65 x
2014-12-31 CA$6.28 CA$5.65 x
2015-12-31 CA$6.71 CA$5.65 x
2016-12-31 CA$7.23 CA$5.65 x
2017-12-31 CA$6.74 CA$5.65 x
2018-12-31 CA$6.69 CA$5.65 x
2019-12-31 CA$5.48 CA$5.65 x
2020-12-31 CA$4.50 CA$5.65 x
2021-12-31 CA$3.56 CA$5.65 x
2022-12-31 CA$3.27 CA$5.65 x
2023-12-31 CA$2.45 CA$5.65 x
2024-12-31 CA$2.62 CA$5.65 x
2025-12-31 CA$2.04 CA$5.65 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fiera Capital Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 14.95%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.96%
  • • Asset Turnover: 0.54x
  • • Equity Multiplier: 4.68x
  • Recent ROE (14.95%) is above the historical average (10.27%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 20.07% 17.83% 0.96x 1.17x CA$2.10 Million
2005 18.29% 16.28% 0.96x 1.17x CA$1.68 Million
2006 24.17% 19.57% 0.92x 1.34x CA$3.13 Million
2007 30.17% 19.14% 1.14x 1.38x CA$4.92 Million
2008 23.96% 14.13% 1.32x 1.29x CA$2.91 Million
2009 15.45% 12.92% 1.00x 1.20x CA$1.24 Million
2010 2.53% 8.43% 0.25x 1.21x CA$-10.30 Million
2011 6.23% 12.50% 0.43x 1.16x CA$-5.31 Million
2012 0.81% 2.62% 0.18x 1.74x CA$-27.35 Million
2013 3.59% 9.72% 0.20x 1.87x CA$-26.67 Million
2014 6.29% 12.36% 0.29x 1.77x CA$-16.22 Million
2015 5.82% 10.69% 0.30x 1.80x CA$-19.86 Million
2016 3.67% 6.04% 0.29x 2.12x CA$-35.85 Million
2017 1.80% 2.32% 0.38x 2.03x CA$-48.58 Million
2018 -0.79% -0.93% 0.37x 2.31x CA$-68.31 Million
2019 -2.47% -2.06% 0.38x 3.14x CA$-67.70 Million
2020 -0.72% -0.49% 0.46x 3.22x CA$-50.18 Million
2021 17.71% 9.97% 0.50x 3.54x CA$32.00 Million
2022 7.43% 3.81% 0.50x 3.90x CA$-8.75 Million
2023 18.12% 8.65% 0.52x 3.99x CA$26.19 Million
2024 8.77% 3.70% 0.54x 4.39x CA$-3.52 Million
2025 14.95% 5.96% 0.54x 4.68x CA$12.93 Million

Industry Comparison

This section compares Fiera Capital Corporation's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $3,989,024,875
  • Average return on equity (ROE) among peers: 8.25%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Fiera Capital Corporation (FSZ) CA$266.27 Million 20.07% 3.59x $356.44 Million
Aberdeen International Inc. (AAB) $25.89 Million -37.52% 0.12x $3.49 Million
Base Carbon Inc. (BCBN) $43.86 Million -35.28% 0.01x $67.04 Million
Canadian Banc Corp (BK) $97.56 Million 25.22% 0.73x $525.03 Million
Brookfield Corporation (BN) $29.19 Billion 4.98% 1.68x $99.82 Billion
Sprott Physical Gold and Silver Trust (CEF) $4.42 Billion 22.79% 0.00x $9.12 Billion
Canadian General Investments Ltd (CGI) $1.45 Billion 21.20% 0.14x $767.51 Million
CI Financial Corp (CIX) $1.91 Billion 27.54% 0.58x $3.32 Billion
Clairvest Group Inc. (CVG) $1.22 Billion 4.30% 0.17x $752.38 Million
Cymbria Corporation (CYB) $1.36 Billion -5.91% 0.05x $987.87 Million
Dividend 15 Split Corp II (DF) $172.83 Million 55.20% 1.48x $151.03 Million

About Fiera Capital Corporation

TO:FSZ Canada Asset Management
Market Cap
$356.44 Million
CA$492.74 Million CAD
Market Cap Rank
#14249 Global
#419 in Canada
Share Price
CA$5.65
Change (1 day)
-1.91%
52-Week Range
CA$5.15 - CA$7.11
All Time High
CA$10.66
Categories
Companies in Canada Asset Management Banking & Financial
About

Fiera Capital Corporation is an publicly owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients. It… Read more