ALTUS GROUP LTD (AIF.CA) Fundamental Analysis & Valuation
TSX:AIF • CA02215R1073
45.06 CAD
-1.4 (-3.01%)
Last: Mar 11, 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. AIF has an average financial health and profitability rating. AIF has a decent growth rate and is not valued too expensively.
1. AIF.CA Profitability Analysis
1.1 Basic Checks
- AIF had positive earnings in the past year.
- AIF had a positive operating cash flow in the past year.
- AIF had positive earnings in 4 of the past 5 years.
- In the past 5 years AIF always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 29.75%, AIF belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- AIF's Return On Equity of 81.06% is amongst the best of the industry. AIF outperforms 100.00% of its industry peers.
- The Return On Invested Capital of AIF (4.46%) is better than 63.33% of its industry peers.
| 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
- AIF has a Profit Margin of 73.96%. This is amongst the best in the industry. AIF outperforms 93.33% of its industry peers.
- In the last couple of years the Profit Margin of AIF has grown nicely.
- AIF has a Operating Margin of 8.49%. This is in the lower half of the industry: AIF underperforms 60.00% of its industry peers.
- In the last couple of years the Operating Margin of AIF has declined.
- The Gross Margin of AIF (66.05%) is better than 76.67% of its industry peers.
| 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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
- AIF has an Altman-Z score of 1.99. This is not the best score and indicates that AIF is in the grey zone with still only limited risk for bankruptcy at the moment.
- AIF has a better Altman-Z score (1.99) than 70.00% 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.
- With an excellent Debt to FCF ratio value of 2.51, AIF belongs to the best of the industry, outperforming 96.67% of the companies in the same industry.
- A Debt/Equity ratio of 0.40 indicates that AIF is not too dependend on debt financing.
- 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 | 1.99 |
ROIC/WACC0.52
WACC8.52%
2.3 Liquidity
- AIF has a Current Ratio of 1.03. This is a normal value and indicates that AIF is financially healthy and should not expect problems in meeting its short term obligations.
- AIF has a Current ratio (1.03) which is in line with its industry peers.
- AIF has a Quick Ratio of 1.03. This is a normal value and indicates that AIF is financially healthy and should not expect problems in meeting its short term obligations.
- With a Quick ratio value of 1.03, AIF perfoms like the industry average, outperforming 56.67% of the companies in the same industry.
| 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.
- The Earnings Per Share has been growing slightly by 0.95% on average over the past years.
- Looking at the last year, AIF shows a very negative growth in Revenue. The Revenue has decreased by -24.96% in the last year.
- 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
- The Earnings Per Share is expected to grow by 36.61% on average over the next years. This is a very strong growth
- Based on estimates for the next years, AIF will show a small growth in Revenue. The Revenue will grow by 2.70% on average per year.
EPS Next Y42.5%
EPS Next 2Y36.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.53%
Revenue Next 2Y2.7%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. AIF.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 25.90 indicates a quite expensive valuation of AIF.
- AIF's Price/Earnings is on the same level as the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 26.15, AIF is valued at the same level.
- The Price/Forward Earnings ratio is 18.17, which indicates a rather expensive current valuation of AIF.
- Based on the Price/Forward Earnings ratio, AIF is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.27, AIF is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.9 | ||
| Fwd PE | 18.17 |
4.2 Price Multiples
- AIF's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AIF is cheaper than 73.33% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as AIF.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.43 | ||
| EV/EBITDA | 19.05 |
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.
- AIF's earnings are expected to grow with 36.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.61
PEG (5Y)27.38
EPS Next 2Y36.61%
EPS Next 3YN/A
5. AIF.CA Dividend Analysis
5.1 Amount
- AIF has a Yearly Dividend Yield of 1.26%.
- Compared to an average industry Dividend Yield of 2.48, AIF has a dividend in line with its industry peers.
- AIF's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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.
- The dividend of AIF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP6.55%
EPS Next 2Y36.61%
EPS Next 3YN/A
AIF.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:AIF (3/11/2026, 7:00:00 PM)
45.06
-1.4 (-3.01%)
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 Owners47.89%
Inst Owner ChangeN/A
Ins Owners4.89%
Ins Owner ChangeN/A
Market Cap1.82B
Revenue(TTM)502.89M
Net Income(TTM)371.95M
Analysts72
Price Target54.74 (21.48%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
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)-12.43%
PT rev (3m)-10.74%
EPS NQ rev (1m)-16.22%
EPS NQ rev (3m)-16.22%
EPS NY rev (1m)6.28%
EPS NY rev (3m)6.28%
Revenue NQ rev (1m)-10.29%
Revenue NQ rev (3m)-10.29%
Revenue NY rev (1m)-8.36%
Revenue NY rev (3m)-8.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.9 | ||
| Fwd PE | 18.17 | ||
| P/S | 3.63 | ||
| P/FCF | 23.43 | ||
| P/OCF | 22.2 | ||
| P/B | 3.97 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.05 |
EPS(TTM)1.74
EY3.86%
EPS(NY)2.48
Fwd EY5.5%
FCF(TTM)1.92
FCFY4.27%
OCF(TTM)2.03
OCFY4.5%
SpS12.43
BVpS11.34
TBVpS-2.9
PEG (NY)0.61
PEG (5Y)27.38
Graham Number21.07
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 | 1.99 |
F-Score6
WACC8.52%
ROIC/WACC0.52
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 Y42.5%
EPS Next 2Y36.61%
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 Year-1.53%
Revenue Next 2Y2.7%
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 Year81.12%
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%.