ALTUS GROUP LTD (AIF.CA) Stock Fundamental Analysis
Canada - TSX:AIF - CA02215R1073 - Common Stock
60.05 CAD
-0.4 (-0.66%)
AIF gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 29 industry peers in the Real Estate Management & Development industry. AIF is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. AIF does not seem to be growing, but still is valued expensively.
1. Profitability
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.
Each year in the past 5 years AIF had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 31.87%, AIF belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 48.71%, AIF belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Return On Invested Capital of AIF (2.27%) is worse than 75.86% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AIF is significantly below the industry average of 8.03%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.87% | ||
| ROE | 48.71% | ||
| ROIC | 2.27% |
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
With an excellent Profit Margin value of 75.46%, AIF belongs to the best of the industry, outperforming 96.55% of the companies in the same industry.
In the last couple of years the Profit Margin of AIF has declined.
AIF's Operating Margin of 9.86% is on the low side compared to the rest of the industry. AIF is outperformed by 65.52% of its industry peers.
AIF's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.86% | ||
| PM (TTM) | 75.46% | ||
| 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.
AIF has more shares outstanding than it did 1 year ago.
The number of shares outstanding for AIF has been increased compared to 5 years ago.
AIF has a better debt/assets ratio than last year.
2.2 Solvency
AIF has an Altman-Z score of 4.62. This indicates that AIF is financially healthy and has little risk of bankruptcy at the moment.
AIF's Altman-Z score of 4.62 is amongst the best of the industry. AIF outperforms 82.76% of its industry peers.
AIF has a debt to FCF ratio of 3.03. This is a good value and a sign of high solvency as AIF would need 3.03 years to pay back of all of its debts.
AIF's Debt to FCF ratio of 3.03 is amongst the best of the industry. AIF outperforms 93.10% of its industry peers.
A Debt/Equity ratio of 0.23 indicates that AIF is not too dependend on debt financing.
AIF's Debt to Equity ratio of 0.23 is amongst the best of the industry. AIF outperforms 93.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 3.03 | ||
| Altman-Z | 4.62 |
ROIC/WACC0.27
WACC8.35%
2.3 Liquidity
AIF has a Current Ratio of 2.66. This indicates that AIF is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.66, AIF belongs to the best of the industry, outperforming 86.21% of the companies in the same industry.
A Quick Ratio of 2.66 indicates that AIF has no problem at all paying its short term obligations.
The Quick ratio of AIF (2.66) is better than 86.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.66 | ||
| Quick Ratio | 2.66 |
3. Growth
3.1 Past
AIF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.19%, which is quite good.
AIF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.22% yearly.
The Revenue for AIF has decreased by -33.01% 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)10.19%
EPS 3Y-1.42%
EPS 5Y4.22%
EPS Q2Q%11.11%
Revenue 1Y (TTM)-33.01%
Revenue growth 3Y-5.98%
Revenue growth 5Y-0.23%
Sales Q2Q%-36.41%
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 13.75% yearly.
AIF is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -6.26% yearly.
EPS Next Y-4.47%
EPS Next 2Y13.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-19.31%
Revenue Next 2Y-6.26%
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.
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
The Price/Earnings ratio is 34.71, which means the current valuation is very expensive for AIF.
The rest of the industry has a similar Price/Earnings ratio as AIF.
AIF's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.27.
The Price/Forward Earnings ratio is 25.50, which means the current valuation is very expensive for AIF.
AIF's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. AIF is cheaper than 75.86% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AIF to the average of the S&P500 Index (22.77), we can say AIF is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.71 | ||
| Fwd PE | 25.5 |
4.2 Price Multiples
AIF's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as AIF.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.29 | ||
| EV/EBITDA | 25.63 |
4.3 Compensation for Growth
A more expensive valuation may be justified as AIF's earnings are expected to grow with 13.75% in the coming years.
PEG (NY)N/A
PEG (5Y)8.22
EPS Next 2Y13.75%
EPS Next 3YN/A
5. Dividend
5.1 Amount
AIF has a yearly dividend return of 0.99%, which is pretty low.
AIF's Dividend Yield is comparable with the industry average which is at 3.24.
Compared to an average S&P500 Dividend Yield of 2.38, AIF's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
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
6.27% of the earnings are spent on dividend by AIF. This is a low number and sustainable payout ratio.
The dividend of AIF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP6.27%
EPS Next 2Y13.75%
EPS Next 3YN/A
TSX:AIF (9/12/2025, 7:00:00 PM)
60.05
-0.4 (-0.66%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners42.56%
Inst Owner ChangeN/A
Ins Owners4.32%
Ins Owner ChangeN/A
Market Cap2.60B
Analysts70.91
Price Target65.57 (9.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
Yearly Dividend0.54
Dividend Growth(5Y)2.11%
DP6.27%
Div Incr Years1
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.75%
Min EPS beat(2)0.06%
Max EPS beat(2)41.44%
EPS beat(4)3
Avg EPS beat(4)37.74%
Min EPS beat(4)-26.71%
Max EPS beat(4)136.18%
EPS beat(8)4
Avg EPS beat(8)11.53%
EPS beat(12)5
Avg EPS beat(12)6.29%
EPS beat(16)8
Avg EPS beat(16)7.25%
Revenue beat(2)0
Avg Revenue beat(2)-1.69%
Min Revenue beat(2)-2.95%
Max Revenue beat(2)-0.42%
Revenue beat(4)0
Avg Revenue beat(4)-1.68%
Min Revenue beat(4)-3.03%
Max Revenue beat(4)-0.31%
Revenue beat(8)1
Avg Revenue beat(8)-1.85%
Revenue beat(12)3
Avg Revenue beat(12)-1.23%
Revenue beat(16)6
Avg Revenue beat(16)-0.65%
PT rev (1m)8.17%
PT rev (3m)8.17%
EPS NQ rev (1m)-2.39%
EPS NQ rev (3m)2.9%
EPS NY rev (1m)11.37%
EPS NY rev (3m)11.37%
Revenue NQ rev (1m)-1.48%
Revenue NQ rev (3m)-3.59%
Revenue NY rev (1m)-1.25%
Revenue NY rev (3m)-1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.71 | ||
| Fwd PE | 25.5 | ||
| P/S | 4.95 | ||
| P/FCF | 39.29 | ||
| P/OCF | 36.3 | ||
| P/B | 3.19 | ||
| P/tB | 12.14 | ||
| EV/EBITDA | 25.63 |
EPS(TTM)1.73
EY2.88%
EPS(NY)2.35
Fwd EY3.92%
FCF(TTM)1.53
FCFY2.55%
OCF(TTM)1.65
OCFY2.76%
SpS12.13
BVpS18.8
TBVpS4.94
PEG (NY)N/A
PEG (5Y)8.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.87% | ||
| ROE | 48.71% | ||
| ROCE | 4.96% | ||
| ROIC | 2.27% | ||
| ROICexc | 3.59% | ||
| ROICexgc | 39.06% | ||
| OM | 9.86% | ||
| PM (TTM) | 75.46% | ||
| GM | N/A | ||
| FCFM | 12.6% |
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%
ROICexcg growth 3Y-25.98%
ROICexcg 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 | 3.03 | ||
| Debt/EBITDA | 2.01 | ||
| Cap/Depr | 12.82% | ||
| Cap/Sales | 1.04% | ||
| Interest Coverage | 1.57 | ||
| Cash Conversion | 75.96% | ||
| Profit Quality | 16.7% | ||
| Current Ratio | 2.66 | ||
| Quick Ratio | 2.66 | ||
| Altman-Z | 4.62 |
F-Score7
WACC8.35%
ROIC/WACC0.27
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)10.19%
EPS 3Y-1.42%
EPS 5Y4.22%
EPS Q2Q%11.11%
EPS Next Y-4.47%
EPS Next 2Y13.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-33.01%
Revenue growth 3Y-5.98%
Revenue growth 5Y-0.23%
Sales Q2Q%-36.41%
Revenue Next Year-19.31%
Revenue Next 2Y-6.26%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-24.14%
EBIT growth 3Y-8.52%
EBIT growth 5Y-3.58%
EBIT Next Year40.6%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y211.33%
FCF growth 3Y16.63%
FCF growth 5Y9.28%
OCF growth 1Y68.93%
OCF growth 3Y12.38%
OCF growth 5Y8.8%