ALTUS GROUP LTD (AIF.CA) Stock Fundamental Analysis
TSX:AIF - Toronto Stock Exchange - CA02215R1073 - Common Stock - Currency: CAD
Overall AIF gets a fundamental rating of 5 out of 10. We evaluated AIF against 26 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 has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year AIF was profitable.
AIF had a positive operating cash flow in the past year.
Of the past 5 years AIF 4 years were profitable.
Each year in the past 5 years AIF had a positive operating cash flow.
1.2 Ratios
AIF's Return On Assets of 28.34% is amongst the best of the industry. AIF outperforms 100.00% of its industry peers.
Looking at the Return On Equity, with a value of 44.39%, 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 (2.36%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for AIF is significantly below the industry average of 8.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 28.34% | ||
| ROE | 44.39% | ||
| ROIC | 2.36% |
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
AIF's Profit Margin of 64.92% is amongst the best of the industry. AIF outperforms 96.15% of its industry peers.
AIF's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 9.41%, AIF is doing worse than 61.54% of the companies in the same industry.
In the last couple of years the Operating Margin of AIF has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.41% | ||
| PM (TTM) | 64.92% | ||
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AIF is destroying value.
The number of shares outstanding for AIF has been increased compared to 1 year ago.
AIF has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AIF has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.92 indicates that AIF is not in any danger for bankruptcy at the moment.
The Altman-Z score of AIF (3.92) is better than 80.77% of its industry peers.
AIF has a debt to FCF ratio of 2.52. This is a good value and a sign of high solvency as AIF would need 2.52 years to pay back of all of its debts.
AIF's Debt to FCF ratio of 2.52 is amongst the best of the industry. AIF outperforms 100.00% of its industry peers.
AIF has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.21, AIF belongs to the best of the industry, outperforming 88.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 2.52 | ||
| Altman-Z | 3.92 |
ROIC/WACC0.33
WACC7.22%
2.3 Liquidity
AIF has a Current Ratio of 2.32. This indicates that AIF is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of AIF (2.32) is better than 80.77% of its industry peers.
AIF has a Quick Ratio of 2.32. This indicates that AIF is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of AIF (2.32) is better than 80.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.32 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.82% over the past year.
The Earnings Per Share has been growing slightly by 4.22% on average over the past years.
The Revenue for AIF has decreased by -23.26% in the past year. This is quite bad
The Revenue has been decreasing by -0.23% on average over the past years.
EPS 1Y (TTM)1.82%
EPS 3Y-1.42%
EPS 5Y4.22%
EPS Q2Q%-42.42%
Revenue 1Y (TTM)-23.26%
Revenue growth 3Y-5.98%
Revenue growth 5Y-0.23%
Sales Q2Q%-35.27%
3.2 Future
The Earnings Per Share is expected to grow by 9.99% on average over the next years. This is quite good.
Based on estimates for the next years, AIF will show a decrease in Revenue. The Revenue will decrease by -5.34% on average per year.
EPS Next Y-14.22%
EPS Next 2Y9.99%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-17.91%
Revenue Next 2Y-5.34%
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
With a Price/Earnings ratio of 31.85, AIF can be considered very expensive at the moment.
61.54% of the companies in the same industry are more expensive than AIF, based on the Price/Earnings ratio.
AIF's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.30.
Based on the Price/Forward Earnings ratio of 24.30, the valuation of AIF can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AIF indicates a somewhat cheap valuation: AIF is cheaper than 73.08% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.76. AIF is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.85 | ||
| Fwd PE | 24.3 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AIF is valued a bit cheaper than the industry average as 61.54% of the companies are valued more expensively.
AIF's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.06 | ||
| EV/EBITDA | 20.77 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)7.54
EPS Next 2Y9.99%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.14%, AIF has a reasonable but not impressive dividend return.
AIF's Dividend Yield is a higher than the industry average which is at 3.04.
Compared to an average S&P500 Dividend Yield of 2.37, AIF's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
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
6.47% of the earnings are spent on dividend by AIF. This is a low number and sustainable payout ratio.
AIF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP6.47%
EPS Next 2Y9.99%
EPS Next 3YN/A
TSX:AIF (7/11/2025, 7:00:00 PM)
53.5
-0.49 (-0.91%)
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 Cap2.41B
Analysts69.09
Price Target60.62 (13.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
Yearly Dividend0.54
Dividend Growth(5Y)2.11%
DP6.47%
Div Incr Years1
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)68.12%
Min EPS beat(2)0.06%
Max EPS beat(2)136.18%
EPS beat(4)2
Avg EPS beat(4)23.5%
Min EPS beat(4)-26.71%
Max EPS beat(4)136.18%
EPS beat(8)4
Avg EPS beat(8)8.72%
EPS beat(12)5
Avg EPS beat(12)3.84%
EPS beat(16)8
Avg EPS beat(16)5.16%
Revenue beat(2)0
Avg Revenue beat(2)-0.36%
Min Revenue beat(2)-0.42%
Max Revenue beat(2)-0.31%
Revenue beat(4)1
Avg Revenue beat(4)-0.56%
Min Revenue beat(4)-3.03%
Max Revenue beat(4)1.5%
Revenue beat(8)2
Avg Revenue beat(8)-0.85%
Revenue beat(12)4
Avg Revenue beat(12)-0.83%
Revenue beat(16)6
Avg Revenue beat(16)-0.59%
PT rev (1m)-0.48%
PT rev (3m)-1.19%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.05%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.85 | ||
| Fwd PE | 24.3 | ||
| P/S | 4.02 | ||
| P/FCF | 31.06 | ||
| P/OCF | 28.81 | ||
| P/B | 2.75 | ||
| P/tB | 9.29 | ||
| EV/EBITDA | 20.77 |
EPS(TTM)1.68
EY3.14%
EPS(NY)2.2
Fwd EY4.12%
FCF(TTM)1.72
FCFY3.22%
OCF(TTM)1.86
OCFY3.47%
SpS13.32
BVpS19.48
TBVpS5.76
PEG (NY)N/A
PEG (5Y)7.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 28.34% | ||
| ROE | 44.39% | ||
| ROCE | 5.15% | ||
| ROIC | 2.36% | ||
| ROICexc | 4.28% | ||
| ROICexgc | N/A | ||
| OM | 9.41% | ||
| PM (TTM) | 64.92% | ||
| GM | N/A | ||
| FCFM | 12.93% |
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 Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 2.52 | ||
| Debt/EBITDA | 1.76 | ||
| Cap/Depr | 13.08% | ||
| Cap/Sales | 1.01% | ||
| Interest Coverage | 3.49 | ||
| Cash Conversion | 81.34% | ||
| Profit Quality | 19.91% | ||
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.32 | ||
| Altman-Z | 3.92 |
F-Score7
WACC7.22%
ROIC/WACC0.33
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)1.82%
EPS 3Y-1.42%
EPS 5Y4.22%
EPS Q2Q%-42.42%
EPS Next Y-14.22%
EPS Next 2Y9.99%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-23.26%
Revenue growth 3Y-5.98%
Revenue growth 5Y-0.23%
Sales Q2Q%-35.27%
Revenue Next Year-17.91%
Revenue Next 2Y-5.34%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-24.49%
EBIT growth 3Y-8.52%
EBIT growth 5Y-3.58%
EBIT Next Year40.6%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y177.96%
FCF growth 3Y16.63%
FCF growth 5Y9.28%
OCF growth 1Y56.83%
OCF growth 3Y12.38%
OCF growth 5Y8.8%