140.26 USD
+0.41 (+0.29%)
CIGI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 62 industry peers in the Real Estate Management & Development industry. CIGI has a medium profitability rating, but doesn't score so well on its financial health evaluation. CIGI has a decent growth rate and is not valued too expensively.
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.
- In the past 5 years CIGI always reported a positive cash flow from operatings.
1.2 Ratios
- With a decent Return On Assets value of 1.72%, CIGI is doing good in the industry, outperforming 66.13% of the companies in the same industry.
- The Return On Equity of CIGI (8.12%) is better than 80.65% of its industry peers.
- The Return On Invested Capital of CIGI (5.24%) is better than 75.81% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for CIGI is in line with the industry average of 5.44%.
| 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 decent Operating Margin value of 7.11%, CIGI is doing good in the industry, outperforming 72.58% of the companies in the same industry.
- In the last couple of years the Operating Margin of CIGI has declined.
- Looking at the Gross Margin, with a value of 40.05%, CIGI is in the better half of the industry, outperforming 69.35% of the companies in the same industry.
- In the last couple of years the Gross Margin of CIGI has grown nicely.
| 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
- 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
- CIGI has more shares outstanding than it did 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 1.80. 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 1.80. This is comparable to the rest of the industry: CIGI outperforms 53.23% 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 in the better half of the industry: CIGI outperforms 69.35% of its industry peers.
- A Debt/Equity ratio of 1.39 is on the high side and indicates that CIGI has dependencies on debt financing.
- CIGI has a worse Debt to Equity ratio (1.39) than 74.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | 9.12 | ||
| Altman-Z | 1.8 |
ROIC/WACC0.72
WACC7.28%
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 worse Current ratio (1.14) than 69.35% of its industry peers.
- A Quick Ratio of 1.14 indicates that CIGI should not have too much problems paying its short term obligations.
- The Quick ratio of CIGI (1.14) is worse than 66.13% of its industry peers.
| 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.
- 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%.
- 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.
- 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.
- 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
- The Price/Earnings ratio is 21.61, which indicates a rather expensive current valuation of CIGI.
- Based on the Price/Earnings ratio, CIGI is valued a bit cheaper than the industry average as 79.03% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of CIGI to the average of the S&P500 Index (27.21), we can say CIGI is valued slightly cheaper.
- The Price/Forward Earnings ratio is 18.29, which indicates a rather expensive current valuation of CIGI.
- Based on the Price/Forward Earnings ratio, CIGI is valued cheaper than 88.71% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of CIGI to the average of the S&P500 Index (25.98), we can say CIGI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.61 | ||
| Fwd PE | 18.29 |
4.2 Price Multiples
- CIGI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. CIGI is cheaper than 79.03% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, CIGI is valued a bit cheaper than the industry average as 72.58% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.28 | ||
| EV/EBITDA | 13.62 |
4.3 Compensation for Growth
- The 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 14.35% in the coming years.
PEG (NY)1.12
PEG (5Y)5.21
EPS Next 2Y15.88%
EPS Next 3Y14.35%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.22%, CIGI is not a good candidate for dividend investing.
- CIGI's Dividend Yield is a higher than the industry average which is at 0.85.
- Compared to an average S&P500 Dividend Yield of 1.81, CIGI's dividend is way lower than the S&P500 average.
| 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.
- 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 Years8
5.3 Sustainability
- CIGI pays out 12.99% of its income as dividend. This is a sustainable payout ratio.
- The dividend of CIGI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP12.99%
EPS Next 2Y15.88%
EPS Next 3Y14.35%
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%.