ALTUS GROUP LTD (AIF.CA) Fundamental Analysis & Valuation
TSX:AIF • CA02215R1073
45.94 CAD
+0.57 (+1.26%)
Last: Mar 4, 2026, 07:00 PM
This AIF.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
AIF 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. Both the profitability and the financial health of AIF get a neutral evaluation. Nothing too spectacular is happening here. AIF has a decent growth rate and is not valued too expensively.
1. AIF.CA Profitability Analysis
1.1 Basic Checks
- In the past year AIF was profitable.
- In the past year AIF had a positive cash flow from operations.
- Of the past 5 years AIF 4 years were profitable.
- In the past 5 years AIF always reported a positive cash flow from operatings.
1.2 Ratios
- AIF has a Return On Assets of 29.75%. This is amongst the best in the industry. AIF outperforms 100.00% of its industry peers.
- AIF has a better Return On Equity (81.06%) than 100.00% of its industry peers.
- With a decent Return On Invested Capital value of 4.46%, AIF is doing good in the industry, outperforming 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 29.75% | ||
| ROE | 81.06% | ||
| ROIC | 4.46% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With an excellent Profit Margin value of 73.96%, AIF belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
- In the last couple of years the Profit Margin of AIF has grown nicely.
- With a Operating Margin value of 8.49%, AIF is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
- In the last couple of years the Operating Margin of AIF has declined.
- Looking at the Gross Margin, with a value of 66.05%, AIF is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.49% | ||
| PM (TTM) | 73.96% | ||
| GM | 66.05% |
OM growth 3Y-9.56%
OM growth 5Y-8.96%
PM growth 3YN/A
PM growth 5Y80.94%
GM growth 3YN/A
GM growth 5YN/A
2. AIF.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AIF is destroying value.
- AIF has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- An Altman-Z score of 2.11 indicates that AIF is not a great score, but indicates only limited risk for bankruptcy at the moment.
- The Altman-Z score of AIF (2.11) is better than 73.33% of its industry peers.
- AIF has a debt to FCF ratio of 2.51. This is a good value and a sign of high solvency as AIF would need 2.51 years to pay back of all of its debts.
- The Debt to FCF ratio of AIF (2.51) is better than 96.67% of its industry peers.
- AIF has a Debt/Equity ratio of 0.40. This is a healthy value indicating a solid balance between debt and equity.
- AIF has a better Debt to Equity ratio (0.40) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 2.51 | ||
| Altman-Z | 2.11 |
ROIC/WACC0.53
WACC8.48%
2.3 Liquidity
- A Current Ratio of 1.03 indicates that AIF should not have too much problems paying its short term obligations.
- AIF's Current ratio of 1.03 is in line compared to the rest of the industry. AIF outperforms 53.33% of its industry peers.
- A Quick Ratio of 1.03 indicates that AIF should not have too much problems paying its short term obligations.
- AIF has a Quick ratio (1.03) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. AIF.CA Growth Analysis
3.1 Past
- The earnings per share for AIF have decreased by -4.40% in the last year.
- AIF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.95% yearly.
- The Revenue for AIF has decreased by -24.96% in the past year. This is quite bad
- The Revenue has been decreasing by -2.17% on average over the past years.
EPS 1Y (TTM)-4.4%
EPS 3Y-2.89%
EPS 5Y0.95%
EPS Q2Q%-21.18%
Revenue 1Y (TTM)-24.96%
Revenue growth 3Y-11.9%
Revenue growth 5Y-2.17%
Sales Q2Q%-19.59%
3.2 Future
- Based on estimates for the next years, AIF will show a very strong growth in Earnings Per Share. The EPS will grow by 23.24% on average per year.
- The Revenue is expected to grow by 7.25% on average over the next years.
EPS Next Y34.09%
EPS Next 2Y23.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.19%
Revenue Next 2Y7.25%
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 accelerating.
4. AIF.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 26.40, which means the current valuation is very expensive for AIF.
- AIF's Price/Earnings ratio is in line with the industry average.
- AIF is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 19.69 indicates a rather expensive valuation of AIF.
- AIF's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. AIF is cheaper than 80.00% of the companies in the same industry.
- AIF is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.4 | ||
| Fwd PE | 19.69 |
4.2 Price Multiples
- 63.33% of the companies in the same industry are more expensive than AIF, based on the Enterprise Value to EBITDA ratio.
- The rest of the industry has a similar Price/Free Cash Flow ratio as AIF.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.53 | ||
| EV/EBITDA | 21.02 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of AIF may justify a higher PE ratio.
- A more expensive valuation may be justified as AIF's earnings are expected to grow with 23.24% in the coming years.
PEG (NY)0.77
PEG (5Y)27.92
EPS Next 2Y23.24%
EPS Next 3YN/A
5. AIF.CA Dividend Analysis
5.1 Amount
- AIF has a Yearly Dividend Yield of 1.30%.
- AIF's Dividend Yield is comparable with the industry average which is at 2.86.
- AIF's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
5.2 History
- The dividend of AIF has a limited annual growth rate of 2.11%.
- AIF has been paying a dividend for at least 10 years, so it has a reliable track record.
- AIF has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.11%
Div Incr Years1
Div Non Decr Years12
5.3 Sustainability
- AIF pays out 6.55% of its income as dividend. This is a sustainable payout ratio.
- AIF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP6.55%
EPS Next 2Y23.24%
EPS Next 3YN/A
AIF.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:AIF (3/4/2026, 7:00:00 PM)
45.94
+0.57 (+1.26%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)02-19 2026-02-19/amc
Earnings (Next)05-06 2026-05-06
Inst Owners42.33%
Inst Owner ChangeN/A
Ins Owners4.49%
Ins Owner ChangeN/A
Market Cap1.99B
Revenue(TTM)502.89M
Net Income(TTM)371.95M
Analysts72.73
Price Target54.74 (19.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
Yearly Dividend0.54
Dividend Growth(5Y)2.11%
DP6.55%
Div Incr Years1
Div Non Decr Years12
Ex-Date03-31 2026-03-31 (0.15)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.82%
Min EPS beat(2)-15.77%
Max EPS beat(2)17.41%
EPS beat(4)3
Avg EPS beat(4)10.79%
Min EPS beat(4)-15.77%
Max EPS beat(4)41.44%
EPS beat(8)4
Avg EPS beat(8)15.31%
EPS beat(12)6
Avg EPS beat(12)7.95%
EPS beat(16)7
Avg EPS beat(16)5.48%
Revenue beat(2)0
Avg Revenue beat(2)-12.08%
Min Revenue beat(2)-22.34%
Max Revenue beat(2)-1.82%
Revenue beat(4)0
Avg Revenue beat(4)-6.88%
Min Revenue beat(4)-22.34%
Max Revenue beat(4)-0.42%
Revenue beat(8)1
Avg Revenue beat(8)-3.74%
Revenue beat(12)3
Avg Revenue beat(12)-2.75%
Revenue beat(16)5
Avg Revenue beat(16)-2.26%
PT rev (1m)-11.48%
PT rev (3m)-8.65%
EPS NQ rev (1m)-5.93%
EPS NQ rev (3m)-5.4%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.22%
Revenue NQ rev (1m)-10.71%
Revenue NQ rev (3m)-10.71%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-3.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.4 | ||
| Fwd PE | 19.69 | ||
| P/S | 3.95 | ||
| P/FCF | 25.53 | ||
| P/OCF | 24.2 | ||
| P/B | 4.33 | ||
| P/tB | N/A | ||
| EV/EBITDA | 21.02 |
EPS(TTM)1.74
EY3.79%
EPS(NY)2.33
Fwd EY5.08%
FCF(TTM)1.8
FCFY3.92%
OCF(TTM)1.9
OCFY4.13%
SpS11.63
BVpS10.61
TBVpS-2.71
PEG (NY)0.77
PEG (5Y)27.92
Graham Number20.38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 29.75% | ||
| ROE | 81.06% | ||
| ROCE | 6.2% | ||
| ROIC | 4.46% | ||
| ROICexc | 12.16% | ||
| ROICexgc | N/A | ||
| OM | 8.49% | ||
| PM (TTM) | 73.96% | ||
| GM | 66.05% | ||
| FCFM | 15.47% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-9.56%
OM growth 5Y-8.96%
PM growth 3YN/A
PM growth 5Y80.94%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 2.51 | ||
| Debt/EBITDA | 2.21 | ||
| Cap/Depr | 10.63% | ||
| Cap/Sales | 0.85% | ||
| Interest Coverage | 1.38 | ||
| Cash Conversion | 98.83% | ||
| Profit Quality | 20.92% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 2.11 |
F-Score6
WACC8.48%
ROIC/WACC0.53
Cap/Depr(3y)15.66%
Cap/Depr(5y)22.18%
Cap/Sales(3y)1.34%
Cap/Sales(5y)1.81%
Profit Quality(3y)378.93%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-4.4%
EPS 3Y-2.89%
EPS 5Y0.95%
EPS Q2Q%-21.18%
EPS Next Y34.09%
EPS Next 2Y23.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-24.96%
Revenue growth 3Y-11.9%
Revenue growth 5Y-2.17%
Sales Q2Q%-19.59%
Revenue Next Year7.19%
Revenue Next 2Y7.25%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-34.59%
EBIT growth 3Y-20.32%
EBIT growth 5Y-10.94%
EBIT Next Year83.51%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y7.39%
FCF growth 3Y13.94%
FCF growth 5Y2.75%
OCF growth 1Y2.74%
OCF growth 3Y2.13%
OCF growth 5Y2.58%
ALTUS GROUP LTD / AIF.CA FAQ
Can you provide the ChartMill fundamental rating for ALTUS GROUP LTD?
ChartMill assigns a fundamental rating of 5 / 10 to AIF.CA.
What is the valuation status for AIF stock?
ChartMill assigns a valuation rating of 5 / 10 to ALTUS GROUP LTD (AIF.CA). This can be considered as Fairly Valued.
What is the profitability of AIF stock?
ALTUS GROUP LTD (AIF.CA) has a profitability rating of 6 / 10.
What is the financial health of ALTUS GROUP LTD (AIF.CA) stock?
The financial health rating of ALTUS GROUP LTD (AIF.CA) is 5 / 10.
Can you provide the dividend sustainability for AIF stock?
The dividend rating of ALTUS GROUP LTD (AIF.CA) is 6 / 10 and the dividend payout ratio is 6.55%.