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

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

199.72 CAD
-2.83 (-1.4%)
Last: 12/1/2025, 7:00:00 PM
Fundamental Rating

4

Overall CIGI gets a fundamental rating of 4 out of 10. We evaluated CIGI 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 has a correct valuation and a medium 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.
CIGI had positive earnings in 4 of the past 5 years.
CIGI had a positive operating cash flow in each of the past 5 years.
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.
With a decent Return On Equity value of 8.12%, CIGI is doing good in the industry, outperforming 69.70% of the companies in the same industry.
With a decent Return On Invested Capital value of 5.24%, CIGI is doing good in 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 has a Profit Margin (2.15%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of CIGI has remained more or less at the same level.
Looking at the Operating Margin, with a value of 7.11%, CIGI is doing worse than 66.67% of the companies in the same industry.
CIGI's Operating Margin has declined in the last couple of years.
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

CIGI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, CIGI has more shares outstanding
Compared to 5 years ago, CIGI has more shares outstanding
Compared to 1 year ago, CIGI has an improved debt to assets ratio.
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 1.81. 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.
The Altman-Z score of CIGI (1.81) is better than 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'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.
Looking at the Debt to Equity ratio, with a value of 1.39, CIGI is doing worse than 72.73% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.39
Debt/FCF 9.12
Altman-Z 1.81
ROIC/WACC0.72
WACC7.28%
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.
The Current ratio of CIGI (1.14) is comparable to the rest of the industry.
A Quick Ratio of 1.14 indicates that CIGI should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.14, CIGI perfoms like the industry average, outperforming 48.48% of the companies in the same 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.
The Earnings Per Share has been growing slightly by 4.15% on average over the past years.
Looking at the last year, CIGI shows a quite strong growth in Revenue. The Revenue has grown by 19.71% in the last year.
Measured over the past years, CIGI shows a quite strong growth in Revenue. The Revenue has been growing by 9.62% on average per year.
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

The Earnings Per Share is expected to grow by 13.90% on average over the next years. This is quite good.
Based on estimates for the next years, CIGI will show a quite strong growth in Revenue. The Revenue will grow by 9.24% on average per year.
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

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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
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 22.04, CIGI is valued on the expensive side.
The rest of the industry has a similar Price/Earnings ratio as CIGI.
CIGI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.11.
Based on the Price/Forward Earnings ratio of 18.59, the valuation of CIGI can be described as rather expensive.
Based on the Price/Forward Earnings ratio, CIGI is valued cheaper than 84.85% of the companies in the same industry.
CIGI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.21, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 22.04
Fwd PE 18.59
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 78.79% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CIGI is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 32.93
EV/EBITDA 13.87
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

The 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)1.14
PEG (5Y)5.31
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.
CIGI's Dividend Yield is slightly below the industry average, which is at 3.42.
Compared to an average S&P500 Dividend Yield of 2.32, CIGI's dividend is way lower than the S&P500 average.
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 2Y16.1%
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 (12/1/2025, 7:00:00 PM)

199.72

-2.83 (-1.4%)

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 Cap10.17B
Revenue(TTM)5.45B
Net Income(TTM)117.10M
Analysts78.57
Price Target184.36 (-7.69%)
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 22.04
Fwd PE 18.59
P/S 1.34
P/FCF 32.93
P/OCF 25.24
P/B 5.05
P/tB N/A
EV/EBITDA 13.87
EPS(TTM)9.06
EY4.54%
EPS(NY)10.75
Fwd EY5.38%
FCF(TTM)6.07
FCFY3.04%
OCF(TTM)7.91
OCFY3.96%
SpS149.46
BVpS39.54
TBVpS-66.54
PEG (NY)1.14
PEG (5Y)5.31
Graham Number89.78
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
WACC7.28%
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 22.04 and the Price/Book (PB) ratio is 5.05.


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%.