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COLLIERS INTL GR-SUBORD VOT (CIGI) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:CIGI - CA1946931070 - Common Stock

145.96 USD
-0.39 (-0.27%)
Last: 1/9/2026, 8:00:00 PM
Fundamental Rating

5

CIGI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 63 industry peers in the Real Estate Management & Development industry. While CIGI is still in line with the averages on profitability rating, there are concerns on its financial health. CIGI has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

6

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.
Each year in the past 5 years CIGI had a positive operating cash flow.
CIGI Yearly Net Income VS EBIT VS OCF VS FCFCIGI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M

1.2 Ratios

With a decent Return On Assets value of 1.72%, CIGI is doing good in the industry, outperforming 66.67% of the companies in the same industry.
CIGI has a better Return On Equity (8.12%) than 79.37% of its industry peers.
CIGI has a Return On Invested Capital of 5.24%. This is in the better half of the industry: CIGI outperforms 76.19% of its industry peers.
CIGI had an Average Return On Invested Capital over the past 3 years of 6.63%. This is in line with the industry average of 5.35%.
Industry RankSector 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%
CIGI Yearly ROA, ROE, ROICCIGI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40 -60

1.3 Margins

CIGI has a Profit Margin of 2.15%. This is comparable to the rest of the industry: CIGI outperforms 58.73% of its industry peers.
CIGI's Profit Margin has been stable in the last couple of years.
CIGI has a better Operating Margin (7.11%) than 73.02% of its industry peers.
In the last couple of years the Operating Margin of CIGI has declined.
With a decent Gross Margin value of 40.05%, CIGI is doing good in the industry, outperforming 69.84% of the companies in the same industry.
In the last couple of years the Gross Margin of CIGI has grown nicely.
Industry RankSector 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%
CIGI Yearly Profit, Operating, Gross MarginsCIGI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CIGI is destroying value.
CIGI has more shares outstanding than it did 1 year ago.
CIGI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CIGI has an improved debt to assets ratio.
CIGI Yearly Shares OutstandingCIGI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
CIGI Yearly Total Debt VS Total AssetsCIGI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

An Altman-Z score of 1.83 indicates that CIGI is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.83, CIGI perfoms like the industry average, outperforming 53.97% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 9.12, CIGI is in the better half of the industry, outperforming 69.84% of the companies in the same industry.
A Debt/Equity ratio of 1.39 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 1.39, CIGI is doing worse than 74.60% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.39
Debt/FCF 9.12
Altman-Z 1.83
ROIC/WACC0.73
WACC7.16%
CIGI Yearly LT Debt VS Equity VS FCFCIGI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

A Current Ratio of 1.14 indicates that CIGI should not have too much problems paying its short term obligations.
CIGI has a Current ratio of 1.14. This is in the lower half of the industry: CIGI underperforms 68.25% 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 of 1.14. This is in the lower half of the industry: CIGI underperforms 65.08% of its industry peers.
Industry RankSector Rank
Current Ratio 1.14
Quick Ratio 1.14
CIGI Yearly Current Assets VS Current LiabilitesCIGI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

6

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.
Measured over the past 5 years, CIGI shows a small growth in Earnings Per Share. The EPS has been growing by 4.15% on average per year.
CIGI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.71%.
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)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 14.54% yearly.
Based on estimates for the next years, CIGI will show a quite strong growth in Revenue. The Revenue will grow by 10.20% on average per year.
EPS Next Y19.29%
EPS Next 2Y16.12%
EPS Next 3Y14.54%
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.
CIGI Yearly Revenue VS EstimatesCIGI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2B 4B 6B
CIGI Yearly EPS VS EstimatesCIGI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8

5

4. Valuation

4.1 Price/Earnings Ratio

CIGI is valuated rather expensively with a Price/Earnings ratio of 22.49.
CIGI's Price/Earnings ratio is a bit cheaper when compared to the industry. CIGI is cheaper than 77.78% of the companies in the same industry.
When comparing the Price/Earnings ratio of CIGI to the average of the S&P500 Index (27.19), we can say CIGI is valued inline with the index average.
A Price/Forward Earnings ratio of 18.96 indicates a rather expensive valuation of CIGI.
87.30% of the companies in the same industry are more expensive than CIGI, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.88. CIGI is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 22.49
Fwd PE 18.96
CIGI Price Earnings VS Forward Price EarningsCIGI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, CIGI is valued a bit cheaper than 79.37% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CIGI indicates a somewhat cheap valuation: CIGI is cheaper than 71.43% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 33.59
EV/EBITDA 14.13
CIGI Per share dataCIGI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100

4.3 Compensation for Growth

CIGI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of CIGI may justify a higher PE ratio.
A more expensive valuation may be justified as CIGI's earnings are expected to grow with 14.54% in the coming years.
PEG (NY)1.17
PEG (5Y)5.42
EPS Next 2Y16.12%
EPS Next 3Y14.54%

5

5. Dividend

5.1 Amount

CIGI has a yearly dividend return of 0.21%, which is pretty low.
Compared to an average industry Dividend Yield of 0.84, CIGI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.90, CIGI's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.21%

5.2 History

On average, the dividend of CIGI grows each year by 24.82%, which is quite nice.
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 Years8
CIGI Yearly Dividends per shareCIGI Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.05 0.1 0.15 0.2 0.25

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 2Y16.12%
EPS Next 3Y14.54%
CIGI Yearly Income VS Free CF VS DividendCIGI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M
CIGI Dividend Payout.CIGI Dividend Payout, showing the Payout Ratio.CIGI Dividend Payout.PayoutRetained Earnings

COLLIERS INTL GR-SUBORD VOT

NASDAQ:CIGI (1/9/2026, 8:00:00 PM)

145.96

-0.39 (-0.27%)

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)02-05 2026-02-05/amc
Inst Owners81.4%
Inst Owner Change0%
Ins Owners11.68%
Ins Owner Change0%
Market Cap7.44B
Revenue(TTM)5.45B
Net Income(TTM)117.10M
Analysts78.57
Price Target133.62 (-8.45%)
Short Float %0.7%
Short Ratio2.51
Dividend
Industry RankSector Rank
Dividend Yield 0.21%
Yearly Dividend0.3
Dividend Growth(5Y)24.82%
DP12.99%
Div Incr Years0
Div Non Decr Years8
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)1.64%
PT rev (3m)1.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.11%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)-0.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.29%
Valuation
Industry RankSector Rank
PE 22.49
Fwd PE 18.96
P/S 1.36
P/FCF 33.59
P/OCF 25.75
P/B 5.15
P/tB N/A
EV/EBITDA 14.13
EPS(TTM)6.49
EY4.45%
EPS(NY)7.7
Fwd EY5.28%
FCF(TTM)4.34
FCFY2.98%
OCF(TTM)5.67
OCFY3.88%
SpS107.06
BVpS28.32
TBVpS-47.66
PEG (NY)1.17
PEG (5Y)5.42
Graham Number64.31
Profitability
Industry RankSector 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 RankSector 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 1.83
F-Score6
WACC7.16%
ROIC/WACC0.73
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 2Y16.12%
EPS Next 3Y14.54%
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 FAQ

What is the fundamental rating for CIGI stock?

ChartMill assigns a fundamental rating of 5 / 10 to CIGI.


What is the valuation status for CIGI stock?

ChartMill assigns a valuation rating of 5 / 10 to COLLIERS INTL GR-SUBORD VOT (CIGI). This can be considered as Fairly Valued.


How profitable is COLLIERS INTL GR-SUBORD VOT (CIGI) stock?

COLLIERS INTL GR-SUBORD VOT (CIGI) has a profitability rating of 6 / 10.


Can you provide the expected EPS growth for CIGI stock?

The Earnings per Share (EPS) of COLLIERS INTL GR-SUBORD VOT (CIGI) 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) is 5 / 10 and the dividend payout ratio is 12.99%.