ALTUS GROUP LTD (AIF.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:AIF - CA02215R1073 - Common Stock
50.09 CAD
-2.91 (-5.49%)
AIF gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 33 industry peers in the Real Estate Management & Development industry. AIF has an excellent financial health rating, but there are some minor concerns on its profitability. AIF has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- AIF had positive earnings in the past year.
- In the past year AIF had a positive cash flow from operations.
- Of the past 5 years AIF 4 years were profitable.
- In the past 5 years AIF always reported a positive cash flow from operatings.
1.2 Ratios
- AIF has a better Return On Assets (31.26%) than 100.00% of its industry peers.
- AIF's Return On Equity of 47.78% is amongst the best of the industry. AIF outperforms 100.00% of its industry peers.
- AIF's Return On Invested Capital of 2.43% is in line compared to the rest of the industry. AIF outperforms 45.45% of its industry peers.
- AIF had an Average Return On Invested Capital over the past 3 years of 2.56%. This is significantly below the industry average of 10.36%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.26% | ||
| ROE | 47.78% | ||
| ROIC | 2.43% |
ROA(3y)0.62%
ROA(5y)1.38%
ROE(3y)1.24%
ROE(5y)2.73%
ROIC(3y)2.56%
ROIC(5y)2.85%
1.3 Margins
- The Profit Margin of AIF (74.81%) is better than 93.94% of its industry peers.
- AIF's Profit Margin has declined in the last couple of years.
- Looking at the Operating Margin, with a value of 10.63%, AIF is doing worse than 63.64% of the companies in the same industry.
- AIF's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.63% | ||
| PM (TTM) | 74.81% | ||
| GM | N/A |
OM growth 3Y-2.7%
OM growth 5Y-3.36%
PM growth 3Y-14.33%
PM growth 5Y-5.69%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AIF is destroying value.
- AIF has more shares outstanding than it did 1 year ago.
- AIF has more shares outstanding than it did 5 years ago.
- AIF has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 4.02 indicates that AIF is not in any danger for bankruptcy at the moment.
- AIF's Altman-Z score of 4.02 is fine compared to the rest of the industry. AIF outperforms 78.79% of its industry peers.
- The Debt to FCF ratio of AIF is 2.75, which is a good value as it means it would take AIF, 2.75 years of fcf income to pay off all of its debts.
- AIF has a Debt to FCF ratio of 2.75. This is amongst the best in the industry. AIF outperforms 96.97% of its industry peers.
- A Debt/Equity ratio of 0.23 indicates that AIF is not too dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.23, AIF is doing good in the industry, outperforming 78.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.75 | ||
| Altman-Z | 4.02 |
ROIC/WACC0.33
WACC7.31%
2.3 Liquidity
- AIF has a Current Ratio of 2.70. This indicates that AIF is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.70, AIF belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
- A Quick Ratio of 2.70 indicates that AIF has no problem at all paying its short term obligations.
- With an excellent Quick ratio value of 2.70, AIF belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.7 | ||
| Quick Ratio | 2.7 |
3. Growth
3.1 Past
- AIF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 34.27%, which is quite impressive.
- AIF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.22% yearly.
- Looking at the last year, AIF shows a very negative growth in Revenue. The Revenue has decreased by -27.10% in the last year.
- AIF shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.23% yearly.
EPS 1Y (TTM)34.27%
EPS 3Y-1.42%
EPS 5Y4.22%
EPS Q2Q%100%
Revenue 1Y (TTM)-27.1%
Revenue growth 3Y-5.98%
Revenue growth 5Y-0.23%
Sales Q2Q%3.81%
3.2 Future
- Based on estimates for the next years, AIF will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.24% on average per year.
- The Revenue is expected to decrease by -3.17% on average over the next years.
EPS Next Y-8.78%
EPS Next 2Y13.22%
EPS Next 3Y13.24%
EPS Next 5YN/A
Revenue Next Year-20.46%
Revenue Next 2Y-7.64%
Revenue Next 3Y-3.17%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 26.09, AIF can be considered very expensive at the moment.
- The rest of the industry has a similar Price/Earnings ratio as AIF.
- When comparing the Price/Earnings ratio of AIF to the average of the S&P500 Index (27.32), we can say AIF is valued inline with the index average.
- Based on the Price/Forward Earnings ratio of 21.47, the valuation of AIF can be described as rather expensive.
- AIF's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. AIF is cheaper than 78.79% of the companies in the same industry.
- AIF's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.09 | ||
| Fwd PE | 21.47 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, AIF is valued a bit cheaper than the industry average as 69.70% of the companies are valued more expensively.
- AIF's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.12 | ||
| EV/EBITDA | 20.53 |
4.3 Compensation for Growth
- AIF's earnings are expected to grow with 13.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)6.18
EPS Next 2Y13.22%
EPS Next 3Y13.24%
5. Dividend
5.1 Amount
- AIF has a Yearly Dividend Yield of 1.11%.
- AIF's Dividend Yield is comparable with the industry average which is at 2.32.
- Compared to an average S&P500 Dividend Yield of 1.86, AIF's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
5.2 History
- The dividend of AIF has a limited annual growth rate of 2.11%.
- AIF has paid a dividend for at least 10 years, which is a reliable track record.
- AIF has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)2.11%
Div Incr Years1
Div Non Decr Years12
5.3 Sustainability
- 6.16% of the earnings are spent on dividend by AIF. This is a low number and sustainable payout ratio.
- AIF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP6.16%
EPS Next 2Y13.22%
EPS Next 3Y13.24%
TSX:AIF (1/21/2026, 7:00:00 PM)
50.09
-2.91 (-5.49%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)11-06 2025-11-06/amc
Earnings (Next)02-18 2026-02-18
Inst Owners42.33%
Inst Owner ChangeN/A
Ins Owners4.49%
Ins Owner ChangeN/A
Market Cap2.17B
Revenue(TTM)529.43M
Net Income(TTM)396.09M
Analysts71.67
Price Target61.84 (23.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
Yearly Dividend0.54
Dividend Growth(5Y)2.11%
DP6.16%
Div Incr Years1
Div Non Decr Years12
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)12.84%
Min EPS beat(2)-15.77%
Max EPS beat(2)41.44%
EPS beat(4)3
Avg EPS beat(4)40.48%
Min EPS beat(4)-15.77%
Max EPS beat(4)136.18%
EPS beat(8)4
Avg EPS beat(8)13.58%
EPS beat(12)5
Avg EPS beat(12)5.48%
EPS beat(16)7
Avg EPS beat(16)5.53%
Revenue beat(2)0
Avg Revenue beat(2)-2.39%
Min Revenue beat(2)-2.95%
Max Revenue beat(2)-1.82%
Revenue beat(4)0
Avg Revenue beat(4)-1.38%
Min Revenue beat(4)-2.95%
Max Revenue beat(4)-0.31%
Revenue beat(8)1
Avg Revenue beat(8)-1.19%
Revenue beat(12)3
Avg Revenue beat(12)-1.04%
Revenue beat(16)5
Avg Revenue beat(16)-0.89%
PT rev (1m)0.83%
PT rev (3m)-5.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-13.96%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.09 | ||
| Fwd PE | 21.47 | ||
| P/S | 4.09 | ||
| P/FCF | 30.12 | ||
| P/OCF | 28.61 | ||
| P/B | 2.61 | ||
| P/tB | 9.53 | ||
| EV/EBITDA | 20.53 |
EPS(TTM)1.92
EY3.83%
EPS(NY)2.33
Fwd EY4.66%
FCF(TTM)1.66
FCFY3.32%
OCF(TTM)1.75
OCFY3.5%
SpS12.24
BVpS19.17
TBVpS5.26
PEG (NY)N/A
PEG (5Y)6.18
Graham Number28.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.26% | ||
| ROE | 47.78% | ||
| ROCE | 5.31% | ||
| ROIC | 2.43% | ||
| ROICexc | 3.93% | ||
| ROICexgc | 47.64% | ||
| OM | 10.63% | ||
| PM (TTM) | 74.81% | ||
| GM | N/A | ||
| FCFM | 13.59% |
ROA(3y)0.62%
ROA(5y)1.38%
ROE(3y)1.24%
ROE(5y)2.73%
ROIC(3y)2.56%
ROIC(5y)2.85%
ROICexc(3y)2.66%
ROICexc(5y)3.06%
ROICexgc(3y)13.05%
ROICexgc(5y)13.13%
ROCE(3y)5.58%
ROCE(5y)6.23%
ROICexgc growth 3Y-25.98%
ROICexgc growth 5Y-37.87%
ROICexc growth 3Y-9.38%
ROICexc growth 5Y-19.48%
OM growth 3Y-2.7%
OM growth 5Y-3.36%
PM growth 3Y-14.33%
PM growth 5Y-5.69%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.75 | ||
| Debt/EBITDA | 1.92 | ||
| Cap/Depr | 9.21% | ||
| Cap/Sales | 0.72% | ||
| Interest Coverage | 1.83 | ||
| Cash Conversion | 77.66% | ||
| Profit Quality | 18.16% | ||
| Current Ratio | 2.7 | ||
| Quick Ratio | 2.7 | ||
| Altman-Z | 4.02 |
F-Score7
WACC7.31%
ROIC/WACC0.33
Cap/Depr(3y)25.82%
Cap/Depr(5y)22.14%
Cap/Sales(3y)2.13%
Cap/Sales(5y)1.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)34.27%
EPS 3Y-1.42%
EPS 5Y4.22%
EPS Q2Q%100%
EPS Next Y-8.78%
EPS Next 2Y13.22%
EPS Next 3Y13.24%
EPS Next 5YN/A
Revenue 1Y (TTM)-27.1%
Revenue growth 3Y-5.98%
Revenue growth 5Y-0.23%
Sales Q2Q%3.81%
Revenue Next Year-20.46%
Revenue Next 2Y-7.64%
Revenue Next 3Y-3.17%
Revenue Next 5YN/A
EBIT growth 1Y-10.17%
EBIT growth 3Y-8.52%
EBIT growth 5Y-3.58%
EBIT Next Year39.56%
EBIT Next 3Y27.94%
EBIT Next 5YN/A
FCF growth 1Y89.41%
FCF growth 3Y16.63%
FCF growth 5Y9.28%
OCF growth 1Y39.72%
OCF growth 3Y12.38%
OCF growth 5Y8.8%
ALTUS GROUP LTD / AIF.CA FAQ
Can you provide the ChartMill fundamental rating for ALTUS GROUP LTD?
ChartMill assigns a fundamental rating of 5 / 10 to AIF.CA.
What is the valuation status for AIF stock?
ChartMill assigns a valuation rating of 3 / 10 to ALTUS GROUP LTD (AIF.CA). This can be considered as Overvalued.
What is the profitability of AIF stock?
ALTUS GROUP LTD (AIF.CA) has a profitability rating of 4 / 10.
What is the financial health of ALTUS GROUP LTD (AIF.CA) stock?
The financial health rating of ALTUS GROUP LTD (AIF.CA) is 8 / 10.
Can you provide the dividend sustainability for AIF stock?
The dividend rating of ALTUS GROUP LTD (AIF.CA) is 6 / 10 and the dividend payout ratio is 6.16%.