ALTUS GROUP LTD (AIF.CA) Stock Fundamental Analysis
TSX:AIF • CA02215R1073
42.85 CAD
+1.75 (+4.26%)
Last: Feb 20, 2026, 07:00 PM
Overall AIF gets a fundamental rating of 5 out of 10. We evaluated AIF against 28 industry peers in the Real Estate Management & Development industry. AIF has an excellent financial health rating, but there are some minor concerns on its profitability. AIF has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- AIF had positive earnings in the past year.
- In the past year AIF had a positive cash flow from operations.
- 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
- Looking at the Return On Assets, with a value of 31.26%, AIF belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- AIF has a better Return On Equity (47.78%) than 100.00% of its industry peers.
- The Return On Invested Capital of AIF (2.43%) is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital for AIF is significantly below the industry average of 11.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.26% | ||
| ROE | 47.78% | ||
| ROIC | 2.43% |
ROA(3y)0.62%
ROA(5y)1.38%
ROE(3y)1.24%
ROE(5y)2.73%
ROIC(3y)2.56%
ROIC(5y)2.85%
1.3 Margins
- Looking at the Profit Margin, with a value of 74.81%, AIF belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
- In the last couple of years the Profit Margin of AIF has declined.
- Looking at the Operating Margin, with a value of 10.63%, AIF is doing worse than 60.71% of the companies in the same industry.
- AIF's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.63% | ||
| PM (TTM) | 74.81% | ||
| GM | N/A |
OM growth 3Y-2.7%
OM growth 5Y-3.36%
PM growth 3Y-14.33%
PM growth 5Y-5.69%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- AIF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, AIF has more shares outstanding
- The number of shares outstanding for AIF has been increased compared to 5 years ago.
- The debt/assets ratio for AIF has been reduced compared to a year ago.
2.2 Solvency
- AIF has an Altman-Z score of 3.53. This indicates that AIF is financially healthy and has little risk of bankruptcy at the moment.
- AIF's Altman-Z score of 3.53 is amongst the best of the industry. AIF outperforms 82.14% of its industry peers.
- The Debt to FCF ratio of AIF is 2.75, which is a good value as it means it would take AIF, 2.75 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of AIF (2.75) is better than 100.00% of its industry peers.
- AIF has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
- AIF has a better Debt to Equity ratio (0.23) than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.75 | ||
| Altman-Z | 3.53 |
ROIC/WACC0.34
WACC7.2%
2.3 Liquidity
- A Current Ratio of 2.70 indicates that AIF has no problem at all paying its short term obligations.
- AIF has a better Current ratio (2.70) than 85.71% of its industry peers.
- AIF has a Quick Ratio of 2.70. This indicates that AIF is financially healthy and has no problem in meeting its short term obligations.
- The Quick ratio of AIF (2.70) is better than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.7 | ||
| Quick Ratio | 2.7 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 34.27% over the past year.
- Measured over the past 5 years, AIF shows a small growth in Earnings Per Share. The EPS has been growing by 4.22% on average per year.
- The Revenue for AIF has decreased by -27.10% in the past year. This is quite bad
- Measured over the past years, AIF shows a decrease in Revenue. The Revenue has been decreasing by -0.23% on average per year.
EPS 1Y (TTM)34.27%
EPS 3Y-1.42%
EPS 5Y4.22%
EPS Q2Q%100%
Revenue 1Y (TTM)-27.1%
Revenue growth 3Y-5.98%
Revenue growth 5Y-0.23%
Sales Q2Q%3.81%
3.2 Future
- AIF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.24% yearly.
- The Revenue is expected to decrease by -2.96% on average over the next years.
EPS Next Y-8.64%
EPS Next 2Y13.22%
EPS Next 3Y13.24%
EPS Next 5YN/A
Revenue Next Year-20.55%
Revenue Next 2Y-7.71%
Revenue Next 3Y-2.96%
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
- AIF is valuated rather expensively with a Price/Earnings ratio of 22.32.
- AIF's Price/Earnings is on the same level as the industry average.
- AIF is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.99, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 18.37, AIF is valued on the expensive side.
- Based on the Price/Forward Earnings ratio, AIF is valued a bit cheaper than 78.57% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.02, AIF is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.32 | ||
| Fwd PE | 18.37 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, AIF is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
- AIF's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.76 | ||
| EV/EBITDA | 16.88 |
4.3 Compensation for Growth
- AIF's earnings are expected to grow with 13.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)5.29
EPS Next 2Y13.22%
EPS Next 3Y13.24%
5. Dividend
5.1 Amount
- AIF has a Yearly Dividend Yield of 1.46%.
- In the last 3 months the price of AIF has falen by -20.79%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
- Compared to an average industry Dividend Yield of 2.45, AIF has a dividend in line with its industry peers.
- AIF's Dividend Yield is comparable with the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.46% |
5.2 History
- The dividend of AIF has a limited annual growth rate of 2.11%.
- AIF has paid a dividend for at least 10 years, which is 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 6.16% 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.
DP6.16%
EPS Next 2Y13.22%
EPS Next 3Y13.24%
TSX:AIF (2/20/2026, 7:00:00 PM)
42.85
+1.75 (+4.26%)
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
Earnings (Next)05-06 2026-05-06
Inst Owners42.33%
Inst Owner ChangeN/A
Ins Owners4.49%
Ins Owner ChangeN/A
Market Cap1.85B
Revenue(TTM)529.43M
Net Income(TTM)396.09M
Analysts72.73
Price Target62.51 (45.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.46% |
Yearly Dividend0.54
Dividend Growth(5Y)2.11%
DP6.16%
Div Incr Years1
Div Non Decr Years12
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)12.84%
Min EPS beat(2)-15.77%
Max EPS beat(2)41.44%
EPS beat(4)3
Avg EPS beat(4)40.48%
Min EPS beat(4)-15.77%
Max EPS beat(4)136.18%
EPS beat(8)4
Avg EPS beat(8)13.58%
EPS beat(12)5
Avg EPS beat(12)5.48%
EPS beat(16)7
Avg EPS beat(16)5.53%
Revenue beat(2)0
Avg Revenue beat(2)-2.39%
Min Revenue beat(2)-2.95%
Max Revenue beat(2)-1.82%
Revenue beat(4)0
Avg Revenue beat(4)-1.38%
Min Revenue beat(4)-2.95%
Max Revenue beat(4)-0.31%
Revenue beat(8)1
Avg Revenue beat(8)-1.19%
Revenue beat(12)3
Avg Revenue beat(12)-1.04%
Revenue beat(16)5
Avg Revenue beat(16)-0.89%
PT rev (1m)1.09%
PT rev (3m)4.32%
EPS NQ rev (1m)0.7%
EPS NQ rev (3m)-1.03%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.37%
Revenue NQ rev (1m)-0.28%
Revenue NQ rev (3m)-1.53%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-1.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.32 | ||
| Fwd PE | 18.37 | ||
| P/S | 3.5 | ||
| P/FCF | 25.76 | ||
| P/OCF | 24.47 | ||
| P/B | 2.24 | ||
| P/tB | 8.15 | ||
| EV/EBITDA | 16.88 |
EPS(TTM)1.92
EY4.48%
EPS(NY)2.33
Fwd EY5.44%
FCF(TTM)1.66
FCFY3.88%
OCF(TTM)1.75
OCFY4.09%
SpS12.24
BVpS19.17
TBVpS5.26
PEG (NY)N/A
PEG (5Y)5.29
Graham Number28.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.26% | ||
| ROE | 47.78% | ||
| ROCE | 5.31% | ||
| ROIC | 2.43% | ||
| ROICexc | 3.93% | ||
| ROICexgc | 47.64% | ||
| OM | 10.63% | ||
| PM (TTM) | 74.81% | ||
| GM | N/A | ||
| FCFM | 13.59% |
ROA(3y)0.62%
ROA(5y)1.38%
ROE(3y)1.24%
ROE(5y)2.73%
ROIC(3y)2.56%
ROIC(5y)2.85%
ROICexc(3y)2.66%
ROICexc(5y)3.06%
ROICexgc(3y)13.05%
ROICexgc(5y)13.13%
ROCE(3y)5.58%
ROCE(5y)6.23%
ROICexgc growth 3Y-25.98%
ROICexgc growth 5Y-37.87%
ROICexc growth 3Y-9.38%
ROICexc growth 5Y-19.48%
OM growth 3Y-2.7%
OM growth 5Y-3.36%
PM growth 3Y-14.33%
PM growth 5Y-5.69%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.75 | ||
| Debt/EBITDA | 1.92 | ||
| Cap/Depr | 9.21% | ||
| Cap/Sales | 0.72% | ||
| Interest Coverage | 1.83 | ||
| Cash Conversion | 77.66% | ||
| Profit Quality | 18.16% | ||
| Current Ratio | 2.7 | ||
| Quick Ratio | 2.7 | ||
| Altman-Z | 3.53 |
F-Score7
WACC7.2%
ROIC/WACC0.34
Cap/Depr(3y)25.82%
Cap/Depr(5y)22.14%
Cap/Sales(3y)2.13%
Cap/Sales(5y)1.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)34.27%
EPS 3Y-1.42%
EPS 5Y4.22%
EPS Q2Q%100%
EPS Next Y-8.64%
EPS Next 2Y13.22%
EPS Next 3Y13.24%
EPS Next 5YN/A
Revenue 1Y (TTM)-27.1%
Revenue growth 3Y-5.98%
Revenue growth 5Y-0.23%
Sales Q2Q%3.81%
Revenue Next Year-20.55%
Revenue Next 2Y-7.71%
Revenue Next 3Y-2.96%
Revenue Next 5YN/A
EBIT growth 1Y-10.17%
EBIT growth 3Y-8.52%
EBIT growth 5Y-3.58%
EBIT Next Year39.56%
EBIT Next 3Y27.94%
EBIT Next 5YN/A
FCF growth 1Y89.41%
FCF growth 3Y16.63%
FCF growth 5Y9.28%
OCF growth 1Y39.72%
OCF growth 3Y12.38%
OCF growth 5Y8.8%
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 3 / 10 to ALTUS GROUP LTD (AIF.CA). This can be considered as Overvalued.
What is the profitability of AIF stock?
ALTUS GROUP LTD (AIF.CA) has a profitability rating of 4 / 10.
What is the financial health of ALTUS GROUP LTD (AIF.CA) stock?
The financial health rating of ALTUS GROUP LTD (AIF.CA) is 8 / 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 6.16%.