COLLIERS INTL GR-SUBORD VOT (CIGI.CA) Stock Fundamental Analysis
TSX:CIGI • CA1946931070
160.55 CAD
+1.3 (+0.82%)
Last: Mar 3, 2026, 07:00 PM
CIGI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 30 industry peers in the Real Estate Management & Development industry. There are concerns on the financial health of CIGI while its profitability can be described as average. 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.
- 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
- CIGI has a Return On Assets (1.52%) which is in line with its industry peers.
- CIGI has a better Return On Equity (6.72%) than 70.00% of its industry peers.
- CIGI's Return On Invested Capital of 5.71% is fine compared to the rest of the industry. CIGI outperforms 80.00% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for CIGI is significantly below the industry average of 11.03%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.52% | ||
| ROE | 6.72% | ||
| ROIC | 5.71% |
ROA(3y)1.79%
ROA(5y)-0.76%
ROE(3y)8.89%
ROE(5y)-6.2%
ROIC(3y)5.92%
ROIC(5y)7.65%
1.3 Margins
- CIGI has a Profit Margin of 1.85%. This is comparable to the rest of the industry: CIGI outperforms 46.67% of its industry peers.
- In the last couple of years the Profit Margin of CIGI has remained more or less at the same level.
- CIGI's Operating Margin of 7.22% is on the low side compared to the rest of the industry. CIGI is outperformed by 66.67% of its industry peers.
- CIGI's Operating Margin has improved in the last couple of years.
- CIGI has a Gross Margin (40.05%) which is in line with its industry peers.
- In the last couple of years the Gross Margin of CIGI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.22% | ||
| PM (TTM) | 1.85% | ||
| GM | 40.05% |
OM growth 3Y-9.63%
OM growth 5Y2.64%
PM growth 3Y21.38%
PM growth 5Y1.03%
GM growth 3Y1.46%
GM growth 5Y1.79%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CIGI is destroying value.
- Compared to 1 year ago, CIGI has more shares outstanding
- Compared to 5 years ago, CIGI has more shares outstanding
- The debt/assets ratio for CIGI is higher compared to a year ago.
2.2 Solvency
- The Debt to FCF ratio of CIGI is 7.03, which is on the high side as it means it would take CIGI, 7.03 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 7.03, CIGI belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
- CIGI has a Debt/Equity ratio of 1.15. This is a high value indicating a heavy dependency on external financing.
- CIGI has a worse Debt to Equity ratio (1.15) than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 7.03 | ||
| Altman-Z | N/A |
ROIC/WACC0.78
WACC7.31%
2.3 Liquidity
- A Current Ratio of 1.10 indicates that CIGI should not have too much problems paying its short term obligations.
- CIGI has a Current ratio of 1.10. This is comparable to the rest of the industry: CIGI outperforms 60.00% of its industry peers.
- A Quick Ratio of 1.10 indicates that CIGI should not have too much problems paying its short term obligations.
- The Quick ratio of CIGI (1.10) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
- CIGI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.06%, which is quite good.
- Measured over the past years, CIGI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.84% on average per year.
- The Revenue has grown by 15.27% in the past year. This is quite good.
- Measured over the past years, CIGI shows a quite strong growth in Revenue. The Revenue has been growing by 14.81% on average per year.
EPS 1Y (TTM)15.06%
EPS 3Y-2.09%
EPS 5Y9.84%
EPS Q2Q%3.54%
Revenue 1Y (TTM)15.27%
Revenue growth 3Y7.62%
Revenue growth 5Y14.81%
Sales Q2Q%6.99%
3.2 Future
- The Earnings Per Share is expected to grow by 13.99% on average over the next years. This is quite good.
- Based on estimates for the next years, CIGI will show a quite strong growth in Revenue. The Revenue will grow by 9.09% on average per year.
EPS Next Y16.7%
EPS Next 2Y13.99%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.34%
Revenue Next 2Y9.09%
Revenue Next 3YN/A
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 17.88, the valuation of CIGI can be described as rather expensive.
- CIGI's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 26.83, CIGI is valued a bit cheaper.
- With a Price/Forward Earnings ratio of 15.32, CIGI is valued correctly.
- CIGI's Price/Forward Earnings ratio is rather cheap when compared to the industry. CIGI is cheaper than 86.67% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of CIGI to the average of the S&P500 Index (24.95), we can say CIGI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.88 | ||
| Fwd PE | 15.32 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CIGI is valued cheaper than 83.33% of the companies in the same industry.
- CIGI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.87 | ||
| EV/EBITDA | 11.22 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- CIGI's earnings are expected to grow with 13.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.07
PEG (5Y)1.82
EPS Next 2Y13.99%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- With a yearly dividend of 0.26%, CIGI is not a good candidate for dividend investing.
- The stock price of CIGI dropped by -20.39% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
- CIGI's Dividend Yield is comparable with the industry average which is at 2.86.
- Compared to an average S&P500 Dividend Yield of 1.82, CIGI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.26% |
5.2 History
- On average, the dividend of CIGI grows each year by 24.50%, which is quite nice.
- 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)24.5%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
- 14.75% 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.
DP14.75%
EPS Next 2Y13.99%
EPS Next 3YN/A
TSX:CIGI (3/3/2026, 7:00:00 PM)
160.55
+1.3 (+0.82%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)02-13 2026-02-13/bmo
Earnings (Next)05-04 2026-05-04
Inst Owners81.4%
Inst Owner ChangeN/A
Ins Owners11.68%
Ins Owner ChangeN/A
Market Cap8.20B
Revenue(TTM)5.56B
Net Income(TTM)103.10M
Analysts78.57
Price Target178.61 (11.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.26% |
Yearly Dividend0.41
Dividend Growth(5Y)24.5%
DP14.75%
Div Incr Years0
Div Non Decr Years9
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.92%
Min EPS beat(2)-5.46%
Max EPS beat(2)1.62%
EPS beat(4)2
Avg EPS beat(4)2.12%
Min EPS beat(4)-5.46%
Max EPS beat(4)12.75%
EPS beat(8)2
Avg EPS beat(8)-3.97%
EPS beat(12)3
Avg EPS beat(12)-9.35%
EPS beat(16)5
Avg EPS beat(16)-6.74%
Revenue beat(2)1
Avg Revenue beat(2)1.01%
Min Revenue beat(2)-3.39%
Max Revenue beat(2)5.41%
Revenue beat(4)2
Avg Revenue beat(4)0.45%
Min Revenue beat(4)-3.39%
Max Revenue beat(4)5.41%
Revenue beat(8)4
Avg Revenue beat(8)0.4%
Revenue beat(12)4
Avg Revenue beat(12)-0.81%
Revenue beat(16)7
Avg Revenue beat(16)0.15%
PT rev (1m)-3.12%
PT rev (3m)-3.12%
EPS NQ rev (1m)-4.49%
EPS NQ rev (3m)-5.26%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.39%
Revenue NQ rev (1m)2.6%
Revenue NQ rev (3m)2.6%
Revenue NY rev (1m)2.81%
Revenue NY rev (3m)3.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.88 | ||
| Fwd PE | 15.32 | ||
| P/S | 1.08 | ||
| P/FCF | 23.87 | ||
| P/OCF | 18.18 | ||
| P/B | 3.91 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.22 |
EPS(TTM)8.98
EY5.59%
EPS(NY)10.48
Fwd EY6.53%
FCF(TTM)6.73
FCFY4.19%
OCF(TTM)8.83
OCFY5.5%
SpS148.7
BVpS41.05
TBVpS-62.08
PEG (NY)1.07
PEG (5Y)1.82
Graham Number91.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.52% | ||
| ROE | 6.72% | ||
| ROCE | 7.82% | ||
| ROIC | 5.71% | ||
| ROICexc | 5.95% | ||
| ROICexgc | 24.99% | ||
| OM | 7.22% | ||
| PM (TTM) | 1.85% | ||
| GM | 40.05% | ||
| FCFM | 4.52% |
ROA(3y)1.79%
ROA(5y)-0.76%
ROE(3y)8.89%
ROE(5y)-6.2%
ROIC(3y)5.92%
ROIC(5y)7.65%
ROICexc(3y)6.2%
ROICexc(5y)8.4%
ROICexgc(3y)27.61%
ROICexgc(5y)45.63%
ROCE(3y)8.12%
ROCE(5y)10.59%
ROICexgc growth 3Y-30.95%
ROICexgc growth 5Y-0.01%
ROICexc growth 3Y-13.34%
ROICexc growth 5Y0.02%
OM growth 3Y-9.63%
OM growth 5Y2.64%
PM growth 3Y21.38%
PM growth 5Y1.03%
GM growth 3Y1.46%
GM growth 5Y1.79%
F-Score7
Asset Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 7.03 | ||
| Debt/EBITDA | 2.67 | ||
| Cap/Depr | 30.74% | ||
| Cap/Sales | 1.42% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 50.21% | ||
| Profit Quality | 243.88% | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | N/A |
F-Score7
WACC7.31%
ROIC/WACC0.78
Cap/Depr(3y)33.95%
Cap/Depr(5y)35.99%
Cap/Sales(3y)1.57%
Cap/Sales(5y)1.53%
Profit Quality(3y)176.34%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.06%
EPS 3Y-2.09%
EPS 5Y9.84%
EPS Q2Q%3.54%
EPS Next Y16.7%
EPS Next 2Y13.99%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.27%
Revenue growth 3Y7.62%
Revenue growth 5Y14.81%
Sales Q2Q%6.99%
Revenue Next Year10.34%
Revenue Next 2Y9.09%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y11.1%
EBIT growth 3Y-2.74%
EBIT growth 5Y17.84%
EBIT Next Year93.39%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-3.64%
FCF growth 3YN/A
FCF growth 5Y14.8%
OCF growth 1Y1.27%
OCF growth 3Y70.14%
OCF growth 5Y14.67%
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 5 / 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 16.7% 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 5 / 10 and the dividend payout ratio is 14.75%.