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Clairvest Group (CVG) Fair Value & Analysis

Financial Services · CA · Market cap C$1.0B

CG Clairvest Group CVG · TO
PriceC$79.00
Fair ValueC$135.31
Upside+71.3%
Quality70/100
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Mixed Growth
Highly profitable · 56.6% net margin
generates free cash flow
0.13% dividend yield
Ranks above peers (11/13)
Wide moat 71/100
Evidence: High Range C$101.48 – C$169.13 Share as image

Fair value as of: Jul 17, 2026

From 13 valuation models · updated 24 days ago

Fair value updated Jul 17, 2026, revised from C$126.40 to C$135.31 (+7.0%) since Jun 26, 2026. Share price +1.9% over the past month.

A solid business, screening 71% undervalued on our models.

What matters now

  • The rarer combination: high quality (70/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (C$101.48). The market is more pessimistic than our downside scenario.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

C$83.97 C$51.93 Fair Value C$135.31 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range C$51.93 – C$83.97 · fair‑value band C$101.48 – C$169.13 · the C$79.00 price screens below the C$135.31 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Clairvest Group (CVG) currently trades at C$79.00, while our model-based Fair Value estimate is C$135.31, implying the stock looks roughly 71.3% undervalued today. The Quality Score stands at 70/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Clairvest Group generated revenue of C$129M at a net margin of 54.5%. Revenue grew 147.7% year over year. It earns a return on equity of 5.7%. The balance sheet holds a net cash position of C$214M. Fundamentals as of Jul 17, 2026

Our scenario range runs from C$101.48 (bear case) to C$169.13 (bull case); at C$79.00, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 16% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -12% fair-value upside, at 71%, CVG screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income C$76.61 C$80.83 C$87.90 76
Growth DCF C$33.60 C$46.03 C$65.58 72
Gordon GGM C$7.26 C$13.08 C$18.01 70
All 13 models by family
DCF Models
Owner Earnings C$124.81 C$240.95 C$456.46 31
5Y P/E Exit C$78.74 C$169.16 C$294.63 38
10Y P/E Exit C$64.18 C$141.93 C$274.44 35
Earnings-Based
Graham-Dodd C$56.93 C$397.05 C$557.20 54
Lynch FV C$183.15 C$261.64 C$340.14 50
Dividend Discount
Gordon GGM C$7.26 C$13.08 C$18.01 70
DDM Multi-Stage C$7.26 C$11.95 C$13.98 61
Multiples
P/E Multiple C$81.63 C$108.84 C$136.05 63
P/B Multiple C$101.48 C$135.31 C$169.13 55
Asset-Based
NCAV (Graham) C$48.32 C$64.75 C$96.65 50
Growth DCF
Growth DCF C$33.60 C$46.03 C$65.58 72
Rev-Margin DCF C$39.40 C$59.78 C$101.07 67
Economic Profit
Residual Income C$76.61 C$80.83 C$87.90 76

Widest divergence: Earnings-Based (C$261.64) versus Dividend Discount (C$11.95). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) C$129M
Revenue growth (YoY) +148%
Net margin 54.5%
Return on equity 5.7%
Free cash flow C$17.9M FY2026
P/E ratio 14.6
More key figures
Operating margin 93.6%
EPS (TTM) C$5.20
Dividend yield 0.1%
EPS growth (YoY) +183%
Net cash C$214M FY2026

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 65 · Market factors (momentum, volatility) 69

Profitability 42
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 47
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 48
Price trend over the last 3–12 months (market factor)
52W Momentum 70
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Clairvest Group Inc. is a private equity firm specializing in mid-market, growth equity investments, buyouts, industry consolidation and acquisitions.

Full company description

Clairvest Group Inc. is a private equity firm specializing in mid-market, growth equity investments, buyouts, industry consolidation and acquisitions. It seeks to invest in small and mid-sized gaming (land and online) and casinos, restaurants, healthcare, experience economy, equipment rental, medical practice management, waste management, aerospace, architecture and engineering & consulting (AEC), agriculture, oil and gas field services, dental, life science and services, renewable energy, co-packing / private label manufacturing, defense, building products, environmental services, healthcare IT, interactive home entertainment, distribution, extermination and pest control, sanitary services, airfreight and logistics, document management software, systems software; metal, glass and plastic containers; paper and plastic packaging products and materials; metals and mining; water utilities, specialty educational services, specialized consumer services, human resources and employment services, research and consulting services, linens and bedding, insurance services, education, government services, industrial services, energy services & renewables, food & beverage, technology services, industrial distribution and services, information technology and information services, media and marketing services, and renewable energy sectors. The firm seeks to invest in Canada and the US. It seeks to make equity investments between C$25 million ($18.23 million) and C$100 million ($72.92 million) in its portfolio company with EBITDA between C$10 million ($7.29 million) and C$50 million ($36.46 million). The firm prefers majority and minority investments. It invests its own capital by co-investing alongside institutional investors in owner-led businesses. Clairvest Group Inc. was founded in 1987 and is based in Toronto, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Clairvest Group reported revenue of C$198M in FY2026 versus C$416M in FY2022, a compound −16.9%/yr. Reported net income was C$112M in FY2026, compounding −23.7%/yr from FY2022.

Growth Quality 44/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
C$198M
Latest YoY
+16.0%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+18.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+2.0%
Avg. growth/yr (27Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.1%
Revenue −16.9%/yr
FY22 C$416M
FY23 C$119M
FY24 C$39.3M
FY25 C$171M
FY26 C$198M
Net income −23.7%/yr
FY22 C$330M
FY23 C$52.4M
FY24 −C$3.4M
FY25 C$122M
FY26 C$112M
Character of growth · EPS growth decomposed (2015-2026) +9.3 % p.a.
Revenue per share +9.9 pp

of which total revenue +9.1 pp · buybacks/dilution +0.8 pp

EBIT margin +0.0 pp
Tax rate −0.5 pp
Residual (interest, one-offs) −0.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Clairvest Group Fair Value". https://www.fairvalue-calculator.com/stock/CVG

Peer Group

Asset Management · 971 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 70 · Top 25%
Fair Value upside +71% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 6% · Above median
Net margin (TTM) 57% · Above median
Operating margin (TTM) 76% · Above median
Revenue growth 226% · Top 25%
Dividend yield (TTM) 0.1% · Bottom 25%

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 9.6× · Cheaper than median
P/B 0.57× · Cheaper than 75% of peers
P/S (TTM) 3.74× · Cheaper than median
P/FCF 41.3× · Pricier than 75% of peers
EV/EBITDA 3.5× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 37
FUTURE 100 · sector 6
PAST 35 · sector 26
HEALTH 0 · sector 95
DIVIDEND 3 · sector 69

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

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Fondul Proprietatea SA FP $0.0420 $0.0800 +90%
BlackRock, Inc BLK $1,136 $465.75 -59%
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Brookfield Corporation BN C$62.45 C$10.12 -84%
KKR & Co KKR $100.94 $44.88 -56%
AB Industrivärden INDUA kr 532.50 kr 1,065 +100%
Jio Financial Services Limited JIOFIN ₹242.98 ₹40.19 -83%
Hedef Holding HEDEF 267.25 TRY 320.98 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹10,398 ₹9,202 -12%

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Frequently asked questions

Is Clairvest Group (CVG) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of C$135.31 versus a price of C$79.00, about +71% (undervalued).
What is the fair value of CVG?
Our model-based fair value for Clairvest Group is C$135.31 (as of Jul 17, 2026), built from audited fundamentals. The current price is C$79.00.
What is the quality score of CVG?
Clairvest Group has a Quality Score of 70/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Clairvest Group (CVG)?
Clairvest Group reported trailing-twelve-month revenue of about C$129M (latest available figure, as of Jul 17, 2026).
What is the net profit margin of CVG?
The net profit margin of Clairvest Group is about 54.5%, meaning it keeps roughly 54.5% of revenue as net income. Based on the latest reported figures.
Does Clairvest Group pay a dividend?
Clairvest Group currently shows a dividend yield of about 0.13% relative to its recent price (as of Jul 17, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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