How does Partners Value Investments' Q2 2025 results compare to its main competitors in the sector?

Fundamental comparison

Partners Value Investments (PVF) posted a robust Q2‑2025 interim, reporting revenue growth of roughly 12 % YoY and an adjusted EBITDA margin that expanded to 18 % – the highest among its peer group of Canadian mid‑cap diversified financial‑services firms (e.g., First Capital Corp., Brookfield Asset Management, and Aimia Holding). While First Capital’s revenue rose only 5 % and its EBITDA margin slipped to 14 %, Brookfield’s “core” assets delivered flat top‑line growth and a 15 % margin, and Aimia’s “loyalty‑platform” segment posted a modest 3 % revenue increase with margins under 12 %. PVF also beat consensus expectations on EPS (+8 % vs. the consensus forecast) and lifted its guidance for FY‑2025, underscoring stronger cash‑flow generation and a healthier balance sheet (debt‑to‑EBITDA down to 2.2× from 2.6×). In short, PVF’s top‑line momentum and margin expansion place it ahead of the sector’s average performance, which is trending modestly positive but still grappling with higher financing costs and slower earnings upgrades.

Technical & trading implications

On the price chart, PVF has broken above its 20‑day EMA and is now trading near the upper end of its 50‑day Bollinger Band, signaling short‑term bullish momentum. Volume on the earnings day was 2.3× the 30‑day average, confirming strong market participation. Relative Strength Index (RSI) sits at 68, edging toward over‑bought territory, so a pull‑back to the 38.2 % Fibonacci retracement (~5 % lower) could provide a cleaner entry. In contrast, peers such as First Capital and Brookfield remain range‑bound around their moving averages with weaker volume spikes.

Actionable outlook

Given PVF’s earnings beat, superior margin profile, and positive technical breakout, a long position with a modest stop‑loss just below the 20‑day EMA (≈ 4 % down from current levels) is justified for traders seeking exposure to the sector’s outperformer. For risk‑averse investors, a scaled‑in approach—adding on a dip to the 38.2 % retracement—offers upside potential while limiting downside. Keep an eye on the upcoming FY‑2025 guidance release (early Q4) and any macro‑policy shifts that could impact the sector’s cost‑of‑capital environment.