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

Canada - TSX:CIGI - CA1946931070 - Common Stock

232.87 CAD
-3.45 (-1.46%)
Last: 10/24/2025, 7:00:00 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to CIGI. CIGI was compared to 31 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.
CIGI had a positive operating cash flow in the past year.
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

CIGI has a Return On Assets (1.74%) which is in line with its industry peers.
With a decent Return On Equity value of 8.09%, CIGI is doing good in the industry, outperforming 67.74% of the companies in the same industry.
CIGI's Return On Invested Capital of 5.28% is fine compared to the rest of the industry. CIGI outperforms 74.19% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CIGI is below the industry average of 10.85%.
Industry RankSector Rank
ROA 1.74%
ROE 8.09%
ROIC 5.28%
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 2.17% is in line compared to the rest of the industry. CIGI outperforms 48.39% of its industry peers.
In the last couple of years the Profit Margin of CIGI has remained more or less at the same level.
CIGI's Operating Margin of 7.21% is on the low side compared to the rest of the industry. CIGI is outperformed by 67.74% of its industry peers.
CIGI's Operating Margin has declined in the last couple of years.
CIGI's Gross Margin of 40.16% is in line compared to the rest of the industry. CIGI outperforms 45.16% of its industry peers.
In the last couple of years the Gross Margin of CIGI has grown nicely.
Industry RankSector Rank
OM 7.21%
PM (TTM) 2.17%
GM 40.16%
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.
Compared to 5 years ago, CIGI has more shares outstanding
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 1.99. 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.
Looking at the Altman-Z score, with a value of 1.99, CIGI is in the better half of the industry, outperforming 64.52% of the companies in the same industry.
CIGI has a debt to FCF ratio of 8.52. This is a slightly negative value and a sign of low solvency as CIGI would need 8.52 years to pay back of all of its debts.
CIGI's Debt to FCF ratio of 8.52 is fine compared to the rest of the industry. CIGI outperforms 77.42% of its industry peers.
CIGI has a Debt/Equity ratio of 1.31. This is a high value indicating a heavy dependency on external financing.
CIGI's Debt to Equity ratio of 1.31 is on the low side compared to the rest of the industry. CIGI is outperformed by 67.74% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.31
Debt/FCF 8.52
Altman-Z 1.99
ROIC/WACC0.71
WACC7.47%
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

CIGI has a Current Ratio of 1.17. This is a normal value and indicates that CIGI is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.17, CIGI perfoms like the industry average, outperforming 54.84% of the companies in the same industry.
CIGI has a Quick Ratio of 1.17. 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 (1.17) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 1.17
Quick Ratio 1.17
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 15.98%, which is quite good.
The Earnings Per Share has been growing slightly by 4.15% on average over the past years.
The Revenue has grown by 16.63% in the past year. This is quite good.
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)15.98%
EPS 3Y-2.39%
EPS 5Y4.15%
EPS Q2Q%26.47%
Revenue 1Y (TTM)16.63%
Revenue growth 3Y5.65%
Revenue growth 5Y9.62%
Sales Q2Q%18.28%

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 14.29% yearly.
The Revenue is expected to grow by 9.42% on average over the next years. This is quite good.
EPS Next Y19.36%
EPS Next 2Y16.09%
EPS Next 3Y14.29%
EPS Next 5YN/A
Revenue Next Year15.65%
Revenue Next 2Y11.48%
Revenue Next 3Y9.42%
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.
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

A Price/Earnings ratio of 26.92 indicates a quite expensive valuation of CIGI.
CIGI's Price/Earnings ratio is a bit cheaper when compared to the industry. CIGI is cheaper than 61.29% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.89, CIGI is valued at the same level.
With a Price/Forward Earnings ratio of 21.57, CIGI is valued on the expensive side.
Based on the Price/Forward Earnings ratio, CIGI is valued cheaply inside the industry as 80.65% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.99. CIGI is around the same levels.
Industry RankSector Rank
PE 26.92
Fwd PE 21.57
CIGI.CA Price Earnings VS Forward Price EarningsCIGI.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

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 74.19% 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 39.16
EV/EBITDA 16.16
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.
CIGI's earnings are expected to grow with 14.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.39
PEG (5Y)6.49
EPS Next 2Y16.09%
EPS Next 3Y14.29%

4

5. Dividend

5.1 Amount

CIGI has a yearly dividend return of 0.18%, which is pretty low.
CIGI's Dividend Yield is slightly below the industry average, which is at 3.26.
With a Dividend Yield of 0.18, CIGI pays less dividend than the S&P500 average, which is at 2.31.
Industry RankSector Rank
Dividend Yield 0.18%

5.2 History

On average, the dividend of CIGI grows each year by 24.82%, which is quite nice.
CIGI has paid a dividend for at least 10 years, which is a reliable track record.
As CIGI did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
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 13.50% 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.
DP13.5%
EPS Next 2Y16.09%
EPS Next 3Y14.29%
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 (10/24/2025, 7:00:00 PM)

232.87

-3.45 (-1.46%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)07-31 2025-07-31/bmo
Earnings (Next)11-04 2025-11-04/bmo
Inst Owners80.92%
Inst Owner ChangeN/A
Ins Owners11.75%
Ins Owner ChangeN/A
Market Cap11.85B
Revenue(TTM)5.17B
Net Income(TTM)112.09M
Analysts78.57
Price Target181.46 (-22.08%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.18%
Yearly Dividend0.42
Dividend Growth(5Y)24.82%
DP13.5%
Div Incr Years0
Div Non Decr Years9
Ex-Date06-30 2025-06-30 (0.15)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.16%
Min EPS beat(2)-0.44%
Max EPS beat(2)12.75%
EPS beat(4)1
Avg EPS beat(4)-1.61%
Min EPS beat(4)-12.31%
Max EPS beat(4)12.75%
EPS beat(8)2
Avg EPS beat(8)-7.29%
EPS beat(12)2
Avg EPS beat(12)-10.45%
EPS beat(16)6
Avg EPS beat(16)-4.05%
Revenue beat(2)1
Avg Revenue beat(2)-0.11%
Min Revenue beat(2)-2.63%
Max Revenue beat(2)2.4%
Revenue beat(4)2
Avg Revenue beat(4)0.38%
Min Revenue beat(4)-2.63%
Max Revenue beat(4)2.92%
Revenue beat(8)3
Avg Revenue beat(8)-0.67%
Revenue beat(12)4
Avg Revenue beat(12)-1.51%
Revenue beat(16)8
Avg Revenue beat(16)2.71%
PT rev (1m)0%
PT rev (3m)11.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.1%
EPS NY rev (1m)0%
EPS NY rev (3m)3.44%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.19%
Valuation
Industry RankSector Rank
PE 26.92
Fwd PE 21.57
P/S 1.63
P/FCF 39.16
P/OCF 29.9
P/B 6.1
P/tB N/A
EV/EBITDA 16.16
EPS(TTM)8.65
EY3.71%
EPS(NY)10.79
Fwd EY4.64%
FCF(TTM)5.95
FCFY2.55%
OCF(TTM)7.79
OCFY3.34%
SpS142.5
BVpS38.18
TBVpS-60.32
PEG (NY)1.39
PEG (5Y)6.49
Graham Number86.2
Profitability
Industry RankSector Rank
ROA 1.74%
ROE 8.09%
ROCE 7.47%
ROIC 5.28%
ROICexc 5.48%
ROICexgc 20.19%
OM 7.21%
PM (TTM) 2.17%
GM 40.16%
FCFM 4.17%
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 1.31
Debt/FCF 8.52
Debt/EBITDA 2.94
Cap/Depr 27.12%
Cap/Sales 1.29%
Interest Coverage 250
Cash Conversion 45.63%
Profit Quality 192.44%
Current Ratio 1.17
Quick Ratio 1.17
Altman-Z 1.99
F-Score6
WACC7.47%
ROIC/WACC0.71
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)15.98%
EPS 3Y-2.39%
EPS 5Y4.15%
EPS Q2Q%26.47%
EPS Next Y19.36%
EPS Next 2Y16.09%
EPS Next 3Y14.29%
EPS Next 5YN/A
Revenue 1Y (TTM)16.63%
Revenue growth 3Y5.65%
Revenue growth 5Y9.62%
Sales Q2Q%18.28%
Revenue Next Year15.65%
Revenue Next 2Y11.48%
Revenue Next 3Y9.42%
Revenue Next 5YN/A
EBIT growth 1Y4.36%
EBIT growth 3Y-3%
EBIT growth 5Y7.94%
EBIT Next Year68.49%
EBIT Next 3Y26.02%
EBIT Next 5YN/A
FCF growth 1Y9.82%
FCF growth 3Y4.14%
FCF growth 5Y-0.43%
OCF growth 1Y0.28%
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 26.92 and the Price/Book (PB) ratio is 6.1.


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 13.5%.