COLLIERS INTL GR-SUBORD VOT (CIGI.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:CIGI • CA1946931070
174.95 CAD
-11.72 (-6.28%)
Last: Feb 3, 2026, 07:00 PM
Taking everything into account, CIGI scores 5 out of 10 in our fundamental rating. CIGI was compared to 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 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.
- CIGI had a positive operating cash flow in the past year.
- 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
- With a Return On Assets value of 1.72%, CIGI perfoms like the industry average, outperforming 53.13% of the companies in the same industry.
- CIGI has a Return On Equity of 8.12%. This is in the better half of the industry: CIGI outperforms 71.88% of its industry peers.
- The Return On Invested Capital of CIGI (5.24%) is better than 75.00% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for CIGI is below the industry average of 10.88%.
| 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.
- With a Operating Margin value of 7.11%, CIGI is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
- In the last couple of years the Operating Margin of CIGI has declined.
- CIGI has a Gross Margin (40.05%) which 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.
- CIGI has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, CIGI has more shares outstanding
- CIGI has a better debt/assets ratio than last year.
2.2 Solvency
- CIGI has an Altman-Z score of 1.73. 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 1.73. This is in the better half of the industry: CIGI outperforms 62.50% of its industry peers.
- The Debt to FCF ratio of CIGI is 9.12, which is on the high side as it means it would take CIGI, 9.12 years of fcf income to pay off all of its debts.
- CIGI has a Debt to FCF ratio of 9.12. This is amongst the best in the industry. CIGI outperforms 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.
- With a Debt to Equity ratio value of 1.39, CIGI is not doing good in the industry: 71.88% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | 9.12 | ||
| Altman-Z | 1.73 |
ROIC/WACC0.71
WACC7.4%
2.3 Liquidity
- A Current Ratio of 1.14 indicates that CIGI should not have too much problems paying its short term obligations.
- The Current ratio of CIGI (1.14) is comparable to the rest of the industry.
- 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 in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 19.08% over the past year.
- The Earnings Per Share has been growing slightly by 4.15% on average over the past years.
- CIGI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.71%.
- Measured over the past years, CIGI shows a quite strong growth in Revenue. The Revenue has been growing by 9.62% on average per year.
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
- CIGI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.35% yearly.
- CIGI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.20% yearly.
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.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 19.75 indicates a rather expensive valuation of CIGI.
- CIGI's Price/Earnings ratio is a bit cheaper when compared to the industry. CIGI is cheaper than 62.50% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.18, CIGI is valued a bit cheaper.
- The Price/Forward Earnings ratio is 16.71, which indicates a correct valuation of CIGI.
- CIGI's Price/Forward Earnings ratio is rather cheap when compared to the industry. CIGI is cheaper than 87.50% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of CIGI to the average of the S&P500 Index (25.51), we can say CIGI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.75 | ||
| Fwd PE | 16.71 |
4.2 Price Multiples
- 78.13% of the companies in the same industry are more expensive than CIGI, based on the Enterprise Value to EBITDA ratio.
- CIGI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.49 | ||
| EV/EBITDA | 12.69 |
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)1.02
PEG (5Y)4.76
EPS Next 2Y15.88%
EPS Next 3Y14.35%
5. Dividend
5.1 Amount
- CIGI has a yearly dividend return of 0.23%, which is pretty low.
- Compared to an average industry Dividend Yield of 2.33, CIGI is paying slightly less dividend.
- With a Dividend Yield of 0.23, CIGI pays less dividend than the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.23% |
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.
- As CIGI did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)24.82%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
- CIGI pays out 12.99% of its income as dividend. This is a 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%
TSX:CIGI (2/3/2026, 7:00:00 PM)
174.95
-11.72 (-6.28%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)11-04 2025-11-04/bmo
Earnings (Next)02-13 2026-02-13/amc
Inst Owners81.4%
Inst Owner ChangeN/A
Ins Owners11.68%
Ins Owner ChangeN/A
Market Cap8.91B
Revenue(TTM)5.45B
Net Income(TTM)117.10M
Analysts78.57
Price Target184.36 (5.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.23% |
Yearly Dividend0.4
Dividend Growth(5Y)24.82%
DP12.99%
Div Incr Years0
Div Non Decr Years9
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.19%
Min EPS beat(2)1.62%
Max EPS beat(2)12.75%
EPS beat(4)2
Avg EPS beat(4)1.87%
Min EPS beat(4)-6.46%
Max EPS beat(4)12.75%
EPS beat(8)3
Avg EPS beat(8)-3.18%
EPS beat(12)3
Avg EPS beat(12)-9.01%
EPS beat(16)6
Avg EPS beat(16)-5.07%
Revenue beat(2)2
Avg Revenue beat(2)3.91%
Min Revenue beat(2)2.4%
Max Revenue beat(2)5.41%
Revenue beat(4)3
Avg Revenue beat(4)2.03%
Min Revenue beat(4)-2.63%
Max Revenue beat(4)5.41%
Revenue beat(8)4
Avg Revenue beat(8)0.7%
Revenue beat(12)4
Avg Revenue beat(12)-1.22%
Revenue beat(16)8
Avg Revenue beat(16)1.57%
PT rev (1m)0%
PT rev (3m)0.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.2%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.25%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.75 | ||
| Fwd PE | 16.71 | ||
| P/S | 1.2 | ||
| P/FCF | 29.49 | ||
| P/OCF | 22.6 | ||
| P/B | 4.52 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.69 |
EPS(TTM)8.86
EY5.06%
EPS(NY)10.47
Fwd EY5.98%
FCF(TTM)5.93
FCFY3.39%
OCF(TTM)7.74
OCFY4.42%
SpS146.2
BVpS38.68
TBVpS-65.09
PEG (NY)1.02
PEG (5Y)4.76
Graham Number87.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 8.12% | ||
| ROCE | 7.52% | ||
| ROIC | 5.24% | ||
| ROICexc | 5.45% | ||
| ROICexgc | 22.25% | ||
| OM | 7.11% | ||
| PM (TTM) | 2.15% | ||
| GM | 40.05% | ||
| FCFM | 4.06% |
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%
ROICexgc growth 3Y-25.89%
ROICexgc 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 | 1.39 | ||
| Debt/FCF | 9.12 | ||
| Debt/EBITDA | 3.13 | ||
| Cap/Depr | 26.48% | ||
| Cap/Sales | 1.24% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 44.93% | ||
| Profit Quality | 189% | ||
| Current Ratio | 1.14 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 1.73 |
F-Score6
WACC7.4%
ROIC/WACC0.71
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)19.08%
EPS 3Y-2.39%
EPS 5Y4.15%
EPS Q2Q%24.24%
EPS Next Y19.29%
EPS Next 2Y15.88%
EPS Next 3Y14.35%
EPS Next 5YN/A
Revenue 1Y (TTM)19.71%
Revenue growth 3Y5.65%
Revenue growth 5Y9.62%
Sales Q2Q%24.09%
Revenue Next Year17.13%
Revenue Next 2Y12.14%
Revenue Next 3Y10.2%
Revenue Next 5YN/A
EBIT growth 1Y7.82%
EBIT growth 3Y-3%
EBIT growth 5Y7.94%
EBIT Next Year69.01%
EBIT Next 3Y26.53%
EBIT Next 5YN/A
FCF growth 1Y37.66%
FCF growth 3Y4.14%
FCF growth 5Y-0.43%
OCF growth 1Y16.88%
OCF growth 3Y4.1%
OCF growth 5Y0.96%
COLLIERS INTL GR-SUBORD VOT / CIGI.CA FAQ
What is the fundamental rating for CIGI stock?
ChartMill assigns a fundamental rating of 5 / 10 to CIGI.CA.
What is the valuation status for CIGI stock?
ChartMill assigns a valuation rating of 5 / 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%.