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COLLIERS INTL GR-SUBORD VOT (CIGI.CA) Stock Fundamental Analysis

Canada - Toronto Stock Exchange - TSX:CIGI - CA1946931070 - Common Stock

201.9 CAD
+0.76 (+0.38%)
Last: 12/4/2025, 7:00:00 PM
Fundamental Rating

4

Taking everything into account, CIGI scores 4 out of 10 in our fundamental rating. CIGI was compared to 33 industry peers in the Real Estate Management & Development industry. CIGI has an average financial health and profitability rating. CIGI has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

CIGI had positive earnings in the past year.
CIGI had a positive operating cash flow in the past year.
CIGI had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CIGI had a positive operating cash flow.
CIGI.CA Yearly Net Income VS EBIT VS OCF VS FCFCIGI.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M

1.2 Ratios

With a Return On Assets value of 1.72%, CIGI perfoms like the industry average, outperforming 48.48% of the companies in the same industry.
CIGI has a Return On Equity of 8.12%. This is in the better half of the industry: CIGI outperforms 69.70% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.24%, CIGI is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
CIGI had an Average Return On Invested Capital over the past 3 years of 6.63%. This is below the industry average of 10.35%.
Industry RankSector Rank
ROA 1.72%
ROE 8.12%
ROIC 5.24%
ROA(3y)1.58%
ROA(5y)-0.77%
ROE(3y)9.79%
ROE(5y)-5.86%
ROIC(3y)6.63%
ROIC(5y)7.32%
CIGI.CA Yearly ROA, ROE, ROICCIGI.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40 -60

1.3 Margins

CIGI's Profit Margin of 2.15% is in line compared to the rest of the industry. CIGI outperforms 48.48% of its industry peers.
CIGI's Profit Margin has been stable in the last couple of years.
CIGI's Operating Margin of 7.11% is on the low side compared to the rest of the industry. CIGI is outperformed by 66.67% of its industry peers.
In the last couple of years the Operating Margin of CIGI has declined.
With a Gross Margin value of 40.05%, CIGI perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
CIGI's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 7.11%
PM (TTM) 2.15%
GM 40.05%
OM growth 3Y-8.18%
OM growth 5Y-1.54%
PM growth 3YN/A
PM growth 5Y-0.15%
GM growth 3Y1.35%
GM growth 5Y2.25%
CIGI.CA Yearly Profit, Operating, Gross MarginsCIGI.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

4

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CIGI is destroying value.
CIGI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CIGI has been increased compared to 5 years ago.
The debt/assets ratio for CIGI has been reduced compared to a year ago.
CIGI.CA Yearly Shares OutstandingCIGI.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
CIGI.CA Yearly Total Debt VS Total AssetsCIGI.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

CIGI has an Altman-Z score of 1.82. This is not the best score and indicates that CIGI is in the grey zone with still only limited risk for bankruptcy at the moment.
CIGI has a Altman-Z score of 1.82. This is in the better half of the industry: CIGI outperforms 66.67% of its industry peers.
CIGI has a debt to FCF ratio of 9.12. This is a negative value and a sign of low solvency as CIGI would need 9.12 years to pay back of all of its debts.
CIGI has a better Debt to FCF ratio (9.12) than 84.85% of its industry peers.
CIGI has a Debt/Equity ratio of 1.39. This is a high value indicating a heavy dependency on external financing.
CIGI has a Debt to Equity ratio of 1.39. This is in the lower half of the industry: CIGI underperforms 72.73% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.39
Debt/FCF 9.12
Altman-Z 1.82
ROIC/WACC0.72
WACC7.26%
CIGI.CA Yearly LT Debt VS Equity VS FCFCIGI.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

A Current Ratio of 1.14 indicates that CIGI should not have too much problems paying its short term obligations.
CIGI has a Current ratio (1.14) which is in line with its industry peers.
CIGI has a Quick Ratio of 1.14. This is a normal value and indicates that CIGI is financially healthy and should not expect problems in meeting its short term obligations.
CIGI has a Quick ratio of 1.14. This is comparable to the rest of the industry: CIGI outperforms 48.48% of its industry peers.
Industry RankSector Rank
Current Ratio 1.14
Quick Ratio 1.14
CIGI.CA Yearly Current Assets VS Current LiabilitesCIGI.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

6

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 19.08% over the past year.
Measured over the past 5 years, CIGI shows a small growth in Earnings Per Share. The EPS has been growing by 4.15% on average per year.
Looking at the last year, CIGI shows a quite strong growth in Revenue. The Revenue has grown by 19.71% in the last year.
CIGI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.62% yearly.
EPS 1Y (TTM)19.08%
EPS 3Y-2.39%
EPS 5Y4.15%
EPS Q2Q%24.24%
Revenue 1Y (TTM)19.71%
Revenue growth 3Y5.65%
Revenue growth 5Y9.62%
Sales Q2Q%24.09%

3.2 Future

CIGI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.90% yearly.
The Revenue is expected to grow by 9.24% on average over the next years. This is quite good.
EPS Next Y19.35%
EPS Next 2Y16.1%
EPS Next 3Y13.9%
EPS Next 5YN/A
Revenue Next Year15.67%
Revenue Next 2Y11.5%
Revenue Next 3Y9.24%
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 stable.
CIGI.CA Yearly Revenue VS EstimatesCIGI.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2B 4B 6B
CIGI.CA Yearly EPS VS EstimatesCIGI.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8

4

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 22.26, the valuation of CIGI can be described as rather expensive.
CIGI's Price/Earnings is on the same level as the industry average.
CIGI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.41, which is the current average of the S&P500 Index.
CIGI is valuated rather expensively with a Price/Forward Earnings ratio of 18.78.
Based on the Price/Forward Earnings ratio, CIGI is valued cheaply inside the industry as 84.85% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of CIGI to the average of the S&P500 Index (35.40), we can say CIGI is valued slightly cheaper.
Industry RankSector Rank
PE 22.26
Fwd PE 18.78
CIGI.CA Price Earnings VS Forward Price EarningsCIGI.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, CIGI is valued a bit cheaper than the industry average as 78.79% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as CIGI.
Industry RankSector Rank
P/FCF 33.26
EV/EBITDA 13.99
CIGI.CA Per share dataCIGI.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 -50 100

4.3 Compensation for Growth

CIGI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as CIGI's earnings are expected to grow with 13.90% in the coming years.
PEG (NY)1.15
PEG (5Y)5.37
EPS Next 2Y16.1%
EPS Next 3Y13.9%

4

5. Dividend

5.1 Amount

With a yearly dividend of 0.21%, CIGI is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.42, CIGI is paying slightly less dividend.
With a Dividend Yield of 0.21, CIGI pays less dividend than the S&P500 average, which is at 2.32.
Industry RankSector Rank
Dividend Yield 0.21%

5.2 History

On average, the dividend of CIGI grows each year by 24.82%, which is quite nice.
CIGI has been paying a dividend for at least 10 years, so it has a reliable track record.
CIGI has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)24.82%
Div Incr Years0
Div Non Decr Years9
CIGI.CA Yearly Dividends per shareCIGI.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.05 0.1 0.15 0.2 0.25

5.3 Sustainability

CIGI pays out 12.99% of its income as dividend. This is a sustainable payout ratio.
CIGI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP12.99%
EPS Next 2Y16.1%
EPS Next 3Y13.9%
CIGI.CA Yearly Income VS Free CF VS DividendCIGI.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M
CIGI.CA Dividend Payout.CIGI.CA Dividend Payout, showing the Payout Ratio.CIGI.CA Dividend Payout.PayoutRetained Earnings

COLLIERS INTL GR-SUBORD VOT

TSX:CIGI (12/4/2025, 7:00:00 PM)

201.9

+0.76 (+0.38%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)11-04 2025-11-04/bmo
Earnings (Next)02-04 2026-02-04/amc
Inst Owners80.92%
Inst Owner ChangeN/A
Ins Owners11.75%
Ins Owner ChangeN/A
Market Cap10.28B
Revenue(TTM)5.45B
Net Income(TTM)117.10M
Analysts78.57
Price Target184.36 (-8.69%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.21%
Yearly Dividend0.42
Dividend Growth(5Y)24.82%
DP12.99%
Div Incr Years0
Div Non Decr Years9
Ex-Date06-30 2025-06-30 (0.15)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.19%
Min EPS beat(2)1.62%
Max EPS beat(2)12.75%
EPS beat(4)2
Avg EPS beat(4)1.87%
Min EPS beat(4)-6.46%
Max EPS beat(4)12.75%
EPS beat(8)3
Avg EPS beat(8)-3.18%
EPS beat(12)3
Avg EPS beat(12)-9.01%
EPS beat(16)6
Avg EPS beat(16)-5.07%
Revenue beat(2)2
Avg Revenue beat(2)3.91%
Min Revenue beat(2)2.4%
Max Revenue beat(2)5.41%
Revenue beat(4)3
Avg Revenue beat(4)2.03%
Min Revenue beat(4)-2.63%
Max Revenue beat(4)5.41%
Revenue beat(8)4
Avg Revenue beat(8)0.7%
Revenue beat(12)4
Avg Revenue beat(12)-1.22%
Revenue beat(16)8
Avg Revenue beat(16)1.57%
PT rev (1m)1.6%
PT rev (3m)2.01%
EPS NQ rev (1m)-3.2%
EPS NQ rev (3m)-3.11%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)-0.01%
Revenue NQ rev (1m)-1.25%
Revenue NQ rev (3m)-1.19%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.02%
Valuation
Industry RankSector Rank
PE 22.26
Fwd PE 18.78
P/S 1.35
P/FCF 33.26
P/OCF 25.49
P/B 5.1
P/tB N/A
EV/EBITDA 13.99
EPS(TTM)9.07
EY4.49%
EPS(NY)10.75
Fwd EY5.33%
FCF(TTM)6.07
FCFY3.01%
OCF(TTM)7.92
OCFY3.92%
SpS149.57
BVpS39.57
TBVpS-66.59
PEG (NY)1.15
PEG (5Y)5.37
Graham Number89.86
Profitability
Industry RankSector Rank
ROA 1.72%
ROE 8.12%
ROCE 7.52%
ROIC 5.24%
ROICexc 5.45%
ROICexgc 22.25%
OM 7.11%
PM (TTM) 2.15%
GM 40.05%
FCFM 4.06%
ROA(3y)1.58%
ROA(5y)-0.77%
ROE(3y)9.79%
ROE(5y)-5.86%
ROIC(3y)6.63%
ROIC(5y)7.32%
ROICexc(3y)6.99%
ROICexc(5y)8.08%
ROICexgc(3y)42.89%
ROICexgc(5y)43.89%
ROCE(3y)9.39%
ROCE(5y)10.64%
ROICexgc growth 3Y-25.89%
ROICexgc growth 5Y-8.75%
ROICexc growth 3Y-24.66%
ROICexc growth 5Y-9.49%
OM growth 3Y-8.18%
OM growth 5Y-1.54%
PM growth 3YN/A
PM growth 5Y-0.15%
GM growth 3Y1.35%
GM growth 5Y2.25%
F-Score6
Asset Turnover0.8
Health
Industry RankSector Rank
Debt/Equity 1.39
Debt/FCF 9.12
Debt/EBITDA 3.13
Cap/Depr 26.48%
Cap/Sales 1.24%
Interest Coverage 250
Cash Conversion 44.93%
Profit Quality 189%
Current Ratio 1.14
Quick Ratio 1.14
Altman-Z 1.82
F-Score6
WACC7.26%
ROIC/WACC0.72
Cap/Depr(3y)36.42%
Cap/Depr(5y)36.26%
Cap/Sales(3y)1.61%
Cap/Sales(5y)1.54%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.08%
EPS 3Y-2.39%
EPS 5Y4.15%
EPS Q2Q%24.24%
EPS Next Y19.35%
EPS Next 2Y16.1%
EPS Next 3Y13.9%
EPS Next 5YN/A
Revenue 1Y (TTM)19.71%
Revenue growth 3Y5.65%
Revenue growth 5Y9.62%
Sales Q2Q%24.09%
Revenue Next Year15.67%
Revenue Next 2Y11.5%
Revenue Next 3Y9.24%
Revenue Next 5YN/A
EBIT growth 1Y7.82%
EBIT growth 3Y-3%
EBIT growth 5Y7.94%
EBIT Next Year68.49%
EBIT Next 3Y26.02%
EBIT Next 5YN/A
FCF growth 1Y37.66%
FCF growth 3Y4.14%
FCF growth 5Y-0.43%
OCF growth 1Y16.88%
OCF growth 3Y4.1%
OCF growth 5Y0.96%

COLLIERS INTL GR-SUBORD VOT / CIGI.CA FAQ

What is the ChartMill fundamental rating of COLLIERS INTL GR-SUBORD VOT (CIGI.CA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to CIGI.CA.


What is the valuation status of COLLIERS INTL GR-SUBORD VOT (CIGI.CA) stock?

ChartMill assigns a valuation rating of 4 / 10 to COLLIERS INTL GR-SUBORD VOT (CIGI.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for COLLIERS INTL GR-SUBORD VOT?

COLLIERS INTL GR-SUBORD VOT (CIGI.CA) has a profitability rating of 4 / 10.


What are the PE and PB ratios of COLLIERS INTL GR-SUBORD VOT (CIGI.CA) stock?

The Price/Earnings (PE) ratio for COLLIERS INTL GR-SUBORD VOT (CIGI.CA) is 22.26 and the Price/Book (PB) ratio is 5.1.


Is the dividend of COLLIERS INTL GR-SUBORD VOT sustainable?

The dividend rating of COLLIERS INTL GR-SUBORD VOT (CIGI.CA) is 4 / 10 and the dividend payout ratio is 12.99%.