COLLIERS INTL GR-SUBORD VOT (CIGI.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CIGI - CA1946931070 - Common Stock
189.68 CAD
-1.77 (-0.92%)
Overall CIGI gets a fundamental rating of 4 out of 10. We evaluated CIGI against 32 industry peers in the Real Estate Management & Development industry. Both the profitability and the financial health of CIGI get a neutral evaluation. Nothing too spectacular is happening here. CIGI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year CIGI was profitable.
- In the past year CIGI had a positive cash flow from operations.
- Of the past 5 years CIGI 4 years were profitable.
- In the past 5 years CIGI always reported a positive cash flow from operatings.
1.2 Ratios
- CIGI has a Return On Assets of 1.72%. This is comparable to the rest of the industry: CIGI outperforms 50.00% of its industry peers.
- Looking at the Return On Equity, with a value of 8.12%, CIGI is in the better half of the industry, outperforming 71.88% of the companies in the same industry.
- CIGI has a Return On Invested Capital of 5.24%. This is in the better half of the industry: CIGI outperforms 71.88% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for CIGI is below the industry average of 10.66%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 8.12% | ||
| ROIC | 5.24% |
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
- The Profit Margin of CIGI (2.15%) is comparable to the rest of the industry.
- CIGI's Profit Margin has been stable in the last couple of years.
- The Operating Margin of CIGI (7.11%) is worse than 65.63% of its industry peers.
- In the last couple of years the Operating Margin of CIGI has declined.
- The Gross Margin of CIGI (40.05%) is comparable to the rest of the industry.
- CIGI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.11% | ||
| PM (TTM) | 2.15% | ||
| GM | 40.05% |
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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CIGI is destroying value.
- Compared to 1 year ago, CIGI has more shares outstanding
- 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 1.79. This is a bad value and indicates that CIGI is not financially healthy and even has some risk of bankruptcy.
- CIGI has a Altman-Z score of 1.79. This is in the better half of the industry: CIGI outperforms 65.63% of its industry peers.
- CIGI has a debt to FCF ratio of 9.12. This is a negative value and a sign of low solvency as CIGI would need 9.12 years to pay back of all of its debts.
- The Debt to FCF ratio of CIGI (9.12) is better than 84.38% of its industry peers.
- CIGI has a Debt/Equity ratio of 1.39. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 1.39, CIGI is doing worse than 71.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | 9.12 | ||
| Altman-Z | 1.79 |
ROIC/WACC0.7
WACC7.45%
2.3 Liquidity
- A Current Ratio of 1.14 indicates that CIGI should not have too much problems paying its short term obligations.
- CIGI's Current ratio of 1.14 is in line compared to the rest of the industry. CIGI outperforms 53.13% of its industry peers.
- CIGI has a Quick Ratio of 1.14. This is a normal value and indicates that CIGI is financially healthy and should not expect problems in meeting its short term obligations.
- CIGI has a Quick ratio (1.14) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
- CIGI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.08%, which is quite good.
- CIGI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.15% yearly.
- The Revenue has grown by 19.71% in the past year. This is quite good.
- The Revenue has been growing by 9.62% on average over the past years. This is quite good.
EPS 1Y (TTM)19.08%
EPS 3Y-2.39%
EPS 5Y4.15%
EPS Q2Q%24.24%
Revenue 1Y (TTM)19.71%
Revenue growth 3Y5.65%
Revenue growth 5Y9.62%
Sales Q2Q%24.09%
3.2 Future
- The Earnings Per Share is expected to grow by 14.35% on average over the next years. This is quite good.
- The Revenue is expected to grow by 10.20% on average over the next years. This is quite good.
EPS Next Y19.29%
EPS Next 2Y15.88%
EPS Next 3Y14.35%
EPS Next 5YN/A
Revenue Next Year17.13%
Revenue Next 2Y12.14%
Revenue Next 3Y10.2%
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 21.24 indicates a rather expensive valuation of CIGI.
- CIGI's Price/Earnings is on the same level as the industry average.
- When comparing the Price/Earnings ratio of CIGI to the average of the S&P500 Index (27.25), we can say CIGI is valued slightly cheaper.
- With a Price/Forward Earnings ratio of 17.98, CIGI is valued on the expensive side.
- Based on the Price/Forward Earnings ratio, CIGI is valued cheaper than 87.50% of the companies in the same industry.
- CIGI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.24 | ||
| Fwd PE | 17.98 |
4.2 Price Multiples
- CIGI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. CIGI is cheaper than 78.13% of the companies in the same industry.
- CIGI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.72 | ||
| EV/EBITDA | 13.56 |
4.3 Compensation for Growth
- CIGI's 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 14.35% in the coming years.
PEG (NY)1.1
PEG (5Y)5.12
EPS Next 2Y15.88%
EPS Next 3Y14.35%
5. Dividend
5.1 Amount
- CIGI has a yearly dividend return of 0.22%, which is pretty low.
- CIGI's Dividend Yield is slightly below the industry average, which is at 2.31.
- With a Dividend Yield of 0.22, CIGI pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.22% |
5.2 History
- The dividend of CIGI is nicely growing with an annual growth rate of 24.82%!
- CIGI has been paying a dividend for at least 10 years, so it has 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
- 12.99% of the earnings are spent on dividend by CIGI. This is a low number and sustainable payout ratio.
- CIGI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP12.99%
EPS Next 2Y15.88%
EPS Next 3Y14.35%
COLLIERS INTL GR-SUBORD VOT / CIGI.CA FAQ
What is the fundamental rating for CIGI stock?
ChartMill assigns a fundamental rating of 4 / 10 to CIGI.CA.
What is the valuation status for CIGI stock?
ChartMill assigns a valuation rating of 4 / 10 to COLLIERS INTL GR-SUBORD VOT (CIGI.CA). This can be considered as Fairly Valued.
How profitable is COLLIERS INTL GR-SUBORD VOT (CIGI.CA) stock?
COLLIERS INTL GR-SUBORD VOT (CIGI.CA) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for CIGI stock?
The Earnings per Share (EPS) of COLLIERS INTL GR-SUBORD VOT (CIGI.CA) is expected to grow by 19.29% in the next year.
Can you provide the dividend sustainability for CIGI stock?
The dividend rating of COLLIERS INTL GR-SUBORD VOT (CIGI.CA) is 4 / 10 and the dividend payout ratio is 12.99%.