COLLIERS INTL GR-SUBORD VOT (CIGI.CA) Stock Fundamental Analysis
Canada - TSX:CIGI - CA1946931070 - Common Stock
217.58 CAD
+3.59 (+1.68%)
Overall CIGI gets a fundamental rating of 5 out of 10. We evaluated CIGI against 29 industry peers in the Real Estate Management & Development industry. CIGI has only an average score on both its financial health and profitability. CIGI has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
CIGI had positive earnings in the past year.
In the past year CIGI had a positive cash flow from operations.
CIGI had positive earnings in 4 of the past 5 years.
CIGI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CIGI has a Return On Assets (1.74%) which is comparable to the rest of the industry.
With a decent Return On Equity value of 8.09%, CIGI is doing good in the industry, outperforming 65.52% of the companies in the same industry.
The Return On Invested Capital of CIGI (5.28%) is better than 72.41% of its industry peers.
CIGI had an Average Return On Invested Capital over the past 3 years of 6.63%. This is significantly below the industry average of 11.82%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.74% | ||
| ROE | 8.09% | ||
| ROIC | 5.28% |
ROA(3y)1.58%
ROA(5y)-0.77%
ROE(3y)9.79%
ROE(5y)-5.86%
ROIC(3y)6.63%
ROIC(5y)7.32%
1.3 Margins
CIGI's Profit Margin of 2.17% is in line compared to the rest of the industry. CIGI outperforms 51.72% of its industry peers.
CIGI's Profit Margin has been stable in the last couple of years.
With a Operating Margin value of 7.21%, CIGI is not doing good in the industry: 65.52% of the companies in the same industry are doing better.
CIGI's Operating Margin has declined in the last couple of years.
CIGI has a Gross Margin of 40.16%. This is comparable to the rest of the industry: CIGI outperforms 48.28% of its industry peers.
CIGI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.21% | ||
| PM (TTM) | 2.17% | ||
| GM | 40.16% |
OM growth 3Y-8.18%
OM growth 5Y-1.54%
PM growth 3YN/A
PM growth 5Y-0.15%
GM growth 3Y1.35%
GM growth 5Y2.25%
2. Health
2.1 Basic Checks
CIGI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CIGI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CIGI has been increased compared to 5 years ago.
Compared to 1 year ago, CIGI has an improved debt to assets ratio.
2.2 Solvency
CIGI has an Altman-Z score of 1.93. This is not the best score and indicates that CIGI is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of CIGI (1.93) is better than 65.52% of its industry peers.
CIGI has a debt to FCF ratio of 8.52. This is a slightly negative value and a sign of low solvency as CIGI would need 8.52 years to pay back of all of its debts.
The Debt to FCF ratio of CIGI (8.52) is better than 75.86% of its industry peers.
A Debt/Equity ratio of 1.31 is on the high side and indicates that CIGI has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.31, CIGI is doing worse than 65.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | 8.52 | ||
| Altman-Z | 1.93 |
ROIC/WACC0.66
WACC8%
2.3 Liquidity
A Current Ratio of 1.17 indicates that CIGI should not have too much problems paying its short term obligations.
CIGI's Current ratio of 1.17 is in line compared to the rest of the industry. CIGI outperforms 48.28% of its industry peers.
CIGI has a Quick Ratio of 1.17. This is a normal value and indicates that CIGI is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of CIGI (1.17) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
CIGI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.98%, which is quite good.
The Earnings Per Share has been growing slightly by 4.15% on average over the past years.
The Revenue has grown by 16.63% in the past year. This is quite good.
CIGI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.62% yearly.
EPS 1Y (TTM)15.98%
EPS 3Y-2.39%
EPS 5Y4.15%
EPS Q2Q%26.47%
Revenue 1Y (TTM)16.63%
Revenue growth 3Y5.65%
Revenue growth 5Y9.62%
Sales Q2Q%18.28%
3.2 Future
CIGI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.29% yearly.
CIGI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.42% yearly.
EPS Next Y19.36%
EPS Next 2Y16.09%
EPS Next 3Y14.29%
EPS Next 5YN/A
Revenue Next Year15.65%
Revenue Next 2Y11.48%
Revenue Next 3Y9.42%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 25.10 indicates a quite expensive valuation of CIGI.
Based on the Price/Earnings ratio, CIGI is valued a bit cheaper than 65.52% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.31, CIGI is valued at the same level.
Based on the Price/Forward Earnings ratio of 20.13, the valuation of CIGI can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CIGI indicates a somewhat cheap valuation: CIGI is cheaper than 79.31% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.85, CIGI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.1 | ||
| Fwd PE | 20.13 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CIGI indicates a somewhat cheap valuation: CIGI is cheaper than 79.31% of the companies listed in the same industry.
CIGI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.54 | ||
| EV/EBITDA | 15.24 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as CIGI's earnings are expected to grow with 14.29% in the coming years.
PEG (NY)1.3
PEG (5Y)6.05
EPS Next 2Y16.09%
EPS Next 3Y14.29%
5. Dividend
5.1 Amount
CIGI has a yearly dividend return of 0.20%, which is pretty low.
CIGI's Dividend Yield is comparable with the industry average which is at 3.40.
Compared to an average S&P500 Dividend Yield of 2.40, CIGI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.2% |
5.2 History
The dividend of CIGI is nicely growing with an annual growth rate of 24.82%!
CIGI has paid a dividend for at least 10 years, which is a reliable track record.
CIGI has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)24.82%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
13.50% of the earnings are spent on dividend by CIGI. This is a low number and sustainable payout ratio.
The dividend of CIGI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP13.5%
EPS Next 2Y16.09%
EPS Next 3Y14.29%
TSX:CIGI (10/15/2025, 7:00:00 PM)
217.58
+3.59 (+1.68%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners80.92%
Inst Owner ChangeN/A
Ins Owners11.75%
Ins Owner ChangeN/A
Market Cap11.07B
Analysts78.57
Price Target181.46 (-16.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.2% |
Yearly Dividend0.42
Dividend Growth(5Y)24.82%
DP13.5%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.16%
Min EPS beat(2)-0.44%
Max EPS beat(2)12.75%
EPS beat(4)1
Avg EPS beat(4)-1.61%
Min EPS beat(4)-12.31%
Max EPS beat(4)12.75%
EPS beat(8)2
Avg EPS beat(8)-7.29%
EPS beat(12)2
Avg EPS beat(12)-10.45%
EPS beat(16)6
Avg EPS beat(16)-4.05%
Revenue beat(2)1
Avg Revenue beat(2)-0.11%
Min Revenue beat(2)-2.63%
Max Revenue beat(2)2.4%
Revenue beat(4)2
Avg Revenue beat(4)0.38%
Min Revenue beat(4)-2.63%
Max Revenue beat(4)2.92%
Revenue beat(8)3
Avg Revenue beat(8)-0.67%
Revenue beat(12)4
Avg Revenue beat(12)-1.51%
Revenue beat(16)8
Avg Revenue beat(16)2.71%
PT rev (1m)0.4%
PT rev (3m)12.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.04%
EPS NY rev (1m)0%
EPS NY rev (3m)3.44%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.1 | ||
| Fwd PE | 20.13 | ||
| P/S | 1.52 | ||
| P/FCF | 36.54 | ||
| P/OCF | 27.9 | ||
| P/B | 5.69 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.24 |
EPS(TTM)8.67
EY3.98%
EPS(NY)10.81
Fwd EY4.97%
FCF(TTM)5.95
FCFY2.74%
OCF(TTM)7.8
OCFY3.58%
SpS142.7
BVpS38.23
TBVpS-60.4
PEG (NY)1.3
PEG (5Y)6.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.74% | ||
| ROE | 8.09% | ||
| ROCE | 7.47% | ||
| ROIC | 5.28% | ||
| ROICexc | 5.48% | ||
| ROICexgc | 20.19% | ||
| OM | 7.21% | ||
| PM (TTM) | 2.17% | ||
| GM | 40.16% | ||
| FCFM | 4.17% |
ROA(3y)1.58%
ROA(5y)-0.77%
ROE(3y)9.79%
ROE(5y)-5.86%
ROIC(3y)6.63%
ROIC(5y)7.32%
ROICexc(3y)6.99%
ROICexc(5y)8.08%
ROICexgc(3y)42.89%
ROICexgc(5y)43.89%
ROCE(3y)9.39%
ROCE(5y)10.64%
ROICexcg growth 3Y-25.89%
ROICexcg growth 5Y-8.75%
ROICexc growth 3Y-24.66%
ROICexc growth 5Y-9.49%
OM growth 3Y-8.18%
OM growth 5Y-1.54%
PM growth 3YN/A
PM growth 5Y-0.15%
GM growth 3Y1.35%
GM growth 5Y2.25%
F-Score6
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | 8.52 | ||
| Debt/EBITDA | 2.94 | ||
| Cap/Depr | 27.12% | ||
| Cap/Sales | 1.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 45.63% | ||
| Profit Quality | 192.44% | ||
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 1.93 |
F-Score6
WACC8%
ROIC/WACC0.66
Cap/Depr(3y)36.42%
Cap/Depr(5y)36.26%
Cap/Sales(3y)1.61%
Cap/Sales(5y)1.54%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.98%
EPS 3Y-2.39%
EPS 5Y4.15%
EPS Q2Q%26.47%
EPS Next Y19.36%
EPS Next 2Y16.09%
EPS Next 3Y14.29%
EPS Next 5YN/A
Revenue 1Y (TTM)16.63%
Revenue growth 3Y5.65%
Revenue growth 5Y9.62%
Sales Q2Q%18.28%
Revenue Next Year15.65%
Revenue Next 2Y11.48%
Revenue Next 3Y9.42%
Revenue Next 5YN/A
EBIT growth 1Y4.36%
EBIT growth 3Y-3%
EBIT growth 5Y7.94%
EBIT Next Year68.49%
EBIT Next 3Y26.02%
EBIT Next 5YN/A
FCF growth 1Y9.82%
FCF growth 3Y4.14%
FCF growth 5Y-0.43%
OCF growth 1Y0.28%
OCF growth 3Y4.1%
OCF growth 5Y0.96%