ALTUS GROUP LTD (AIF.CA) Fundamental Analysis & Valuation
TSX:AIF • CA02215R1073
Current stock price
46.37 CAD
+0.95 (+2.09%)
Last:
This AIF.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. AIF.CA Profitability Analysis
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.
- AIF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of AIF (29.75%) is better than 100.00% of its industry peers.
- AIF's Return On Equity of 81.06% is amongst the best of the industry. AIF outperforms 100.00% of its industry peers.
- AIF has a better Return On Invested Capital (4.46%) than 64.29% 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
- Looking at the Profit Margin, with a value of 73.96%, AIF belongs to the top of the industry, outperforming 89.29% of the companies in the same industry.
- AIF's Profit Margin has improved in the last couple of years.
- The Operating Margin of AIF (8.49%) is worse than 64.29% of its industry peers.
- AIF's Operating Margin has declined in the last couple of years.
- AIF's Gross Margin of 66.05% is fine compared to the rest of the industry. AIF outperforms 78.57% 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 2.03. 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 (2.03) than 71.43% of its industry peers.
- The Debt to FCF ratio of AIF is 2.51, which is a good value as it means it would take AIF, 2.51 years of fcf income to pay off all of its debts.
- AIF has a Debt to FCF ratio of 2.51. This is amongst the best in the industry. AIF outperforms 92.86% 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 Debt to Equity ratio of 0.40. This is in the better half of the industry: AIF outperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 2.51 | ||
| Altman-Z | 2.03 |
ROIC/WACC0.58
WACC7.71%
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.
- Looking at the Current ratio, with a value of 1.03, AIF is in line with its industry, outperforming 46.43% of the companies in the same industry.
- A Quick Ratio of 1.03 indicates that AIF should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.03, AIF is in line with its industry, outperforming 50.00% 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.
- Measured over the past 5 years, AIF shows a small growth in Earnings Per Share. The EPS has been growing by 0.95% on average per year.
- The Revenue for AIF has decreased by -24.96% in the past year. This is quite bad
- AIF shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.17% yearly.
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.
- 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
- With a Price/Earnings ratio of 26.65, AIF can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Earnings ratio of AIF is on the same level as its industry peers.
- AIF is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.47, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 18.70, AIF is valued on the expensive side.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of AIF indicates a rather cheap valuation: AIF is cheaper than 82.14% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of AIF to the average of the S&P500 Index (22.62), we can say AIF is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.65 | ||
| Fwd PE | 18.7 |
4.2 Price Multiples
- 71.43% of the companies in the same industry are more expensive than AIF, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of AIF is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.04 | ||
| EV/EBITDA | 19.62 |
4.3 Compensation for Growth
- AIF's 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 36.61% in the coming years.
PEG (NY)0.63
PEG (5Y)28.18
EPS Next 2Y36.61%
EPS Next 3YN/A
5. AIF.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.20%, AIF has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.70, AIF pays a bit more dividend than its industry peers.
- Compared to the average S&P500 Dividend Yield of 1.81, AIF is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
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.
Dividend Growth(5Y)2.11%
Div Incr Years0
Div Non Decr Years0
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 2Y36.61%
EPS Next 3YN/A
AIF.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:AIF (4/23/2026, 7:00:00 PM)
46.37
+0.95 (+2.09%)
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)05-07 2026-05-07
Inst Owners53.29%
Inst Owner ChangeN/A
Ins Owners4.91%
Ins Owner ChangeN/A
Market Cap1.87B
Revenue(TTM)502.89M
Net Income(TTM)371.95M
Analysts72
Price Target52.7 (13.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
Yearly Dividend0.54
Dividend Growth(5Y)2.11%
DP6.55%
Div Incr Years0
Div Non Decr Years0
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)-3.73%
PT rev (3m)-14.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.22%
EPS NY rev (1m)0%
EPS NY rev (3m)6.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.29%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-8.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.65 | ||
| Fwd PE | 18.7 | ||
| P/S | 3.72 | ||
| P/FCF | 24.04 | ||
| P/OCF | 22.78 | ||
| P/B | 4.08 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.62 |
EPS(TTM)1.74
EY3.75%
EPS(NY)2.48
Fwd EY5.35%
FCF(TTM)1.93
FCFY4.16%
OCF(TTM)2.04
OCFY4.39%
SpS12.47
BVpS11.38
TBVpS-2.91
PEG (NY)0.63
PEG (5Y)28.18
Graham Number21.1031 (-54.49%)
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 | 5.7 | ||
| Cash Conversion | 98.83% | ||
| Profit Quality | 20.92% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 2.03 |
F-Score6
WACC7.71%
ROIC/WACC0.58
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 Fundamental Analysis 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.
How profitable is ALTUS GROUP LTD (AIF.CA) stock?
ALTUS GROUP LTD (AIF.CA) has a profitability rating of 6 / 10.
Can you provide the financial health for AIF stock?
The financial health rating of ALTUS GROUP LTD (AIF.CA) is 5 / 10.
What is the expected EPS growth for ALTUS GROUP LTD (AIF.CA) stock?
The Earnings per Share (EPS) of ALTUS GROUP LTD (AIF.CA) is expected to grow by 42.5% in the next year.