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

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

197.24 CAD
-4.43 (-2.2%)
Last: 12/8/2025, 7:00:00 PM
Fundamental Rating

4

CIGI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 33 industry peers in the Real Estate Management & Development industry. CIGI has only an average score on both its financial health and profitability. CIGI is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

In the past year CIGI was profitable.
In the past year CIGI had a positive cash flow from operations.
Of the past 5 years CIGI 4 years were profitable.
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

The Return On Assets of CIGI (1.72%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 8.12%, CIGI is in the better half of the industry, outperforming 69.70% of the companies in the same industry.
CIGI has a better Return On Invested Capital (5.24%) than 72.73% of its industry peers.
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 has a Profit Margin (2.15%) which is in line with its industry peers.
In the last couple of years the Profit Margin of CIGI has remained more or less at the same level.
CIGI has a worse Operating Margin (7.11%) than 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.
In the last couple of years the Gross Margin of CIGI has grown nicely.
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

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CIGI is destroying value.
The number of shares outstanding for CIGI has been increased compared to 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

An Altman-Z score of 1.81 indicates that CIGI is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of CIGI (1.81) is better than 63.64% 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's Debt to FCF ratio of 9.12 is amongst the best of the industry. CIGI outperforms 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.
With a Debt to Equity ratio value of 1.39, CIGI is not doing good in the industry: 72.73% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.39
Debt/FCF 9.12
Altman-Z 1.81
ROIC/WACC0.72
WACC7.24%
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.
Looking at the Current ratio, with a value of 1.14, CIGI is in line with its industry, outperforming 48.48% of the companies in the same industry.
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 (1.14) which is comparable to the rest of the industry.
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

CIGI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.08%, which is quite good.
CIGI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.15% yearly.
CIGI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.71%.
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 14.54% yearly.
Based on estimates for the next years, CIGI will show a quite strong growth in Revenue. The Revenue will grow by 10.20% on average per year.
EPS Next Y19.31%
EPS Next 2Y16.15%
EPS Next 3Y14.54%
EPS Next 5YN/A
Revenue Next Year17.13%
Revenue Next 2Y12.14%
Revenue Next 3Y10.2%
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 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

With a Price/Earnings ratio of 22.01, CIGI is valued on the expensive side.
The rest of the industry has a similar Price/Earnings ratio as CIGI.
The average S&P500 Price/Earnings ratio is at 26.28. CIGI is around the same levels.
Based on the Price/Forward Earnings ratio of 18.55, the valuation of CIGI can be described as rather expensive.
84.85% of the companies in the same industry are more expensive than CIGI, based on the Price/Forward Earnings ratio.
CIGI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.52, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 22.01
Fwd PE 18.55
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 40

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CIGI indicates a somewhat cheap valuation: CIGI is cheaper than 78.79% of the companies listed in the same industry.
CIGI's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 32.88
EV/EBITDA 13.86
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 14.54% in the coming years.
PEG (NY)1.14
PEG (5Y)5.31
EPS Next 2Y16.15%
EPS Next 3Y14.54%

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 2.31.
Industry RankSector Rank
Dividend Yield 0.21%

5.2 History

The dividend of CIGI is nicely growing with an annual growth rate of 24.82%!
CIGI has paid a dividend for at least 10 years, which is 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 2Y16.15%
EPS Next 3Y14.54%
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 (12/8/2025, 7:00:00 PM)

197.24

-4.43 (-2.2%)

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 Owners81.69%
Inst Owner ChangeN/A
Ins Owners11.66%
Ins Owner ChangeN/A
Market Cap10.05B
Revenue(TTM)5.45B
Net Income(TTM)117.10M
Analysts78.57
Price Target184.36 (-6.53%)
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)0.07%
PT rev (3m)2.01%
EPS NQ rev (1m)-3.2%
EPS NQ rev (3m)-3.11%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)-0.05%
Revenue NQ rev (1m)-1.25%
Revenue NQ rev (3m)-1.19%
Revenue NY rev (1m)1.27%
Revenue NY rev (3m)1.29%
Valuation
Industry RankSector Rank
PE 22.01
Fwd PE 18.55
P/S 1.33
P/FCF 32.88
P/OCF 25.2
P/B 5.04
P/tB N/A
EV/EBITDA 13.86
EPS(TTM)8.96
EY4.54%
EPS(NY)10.63
Fwd EY5.39%
FCF(TTM)6
FCFY3.04%
OCF(TTM)7.83
OCFY3.97%
SpS147.8
BVpS39.1
TBVpS-65.8
PEG (NY)1.14
PEG (5Y)5.31
Graham Number88.79
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 1.81
F-Score6
WACC7.24%
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 Y19.31%
EPS Next 2Y16.15%
EPS Next 3Y14.54%
EPS Next 5YN/A
Revenue 1Y (TTM)19.71%
Revenue growth 3Y5.65%
Revenue growth 5Y9.62%
Sales Q2Q%24.09%
Revenue Next Year17.13%
Revenue Next 2Y12.14%
Revenue Next 3Y10.2%
Revenue Next 5YN/A
EBIT growth 1Y7.82%
EBIT growth 3Y-3%
EBIT growth 5Y7.94%
EBIT Next Year69.01%
EBIT Next 3Y26.53%
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 22.01 and the Price/Book (PB) ratio is 5.04.


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%.