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

Canada - TSX:CIGI - CA1946931070 - Common Stock

205.54 CAD
-2.19 (-1.05%)
Last: 11/14/2025, 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

CIGI had positive earnings in the past year.
CIGI had a positive operating cash flow in the past year.
Of the past 5 years CIGI 4 years were profitable.
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's Return On Assets of 1.72% is in line compared to the rest of the industry. CIGI outperforms 54.55% of its industry peers.
CIGI has a better Return On Equity (8.12%) than 69.70% of its industry peers.
The Return On Invested Capital of CIGI (5.24%) is better than 75.76% 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 10.80%.
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.
Looking at the Gross Margin, with a value of 40.05%, CIGI is in line with its industry, 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

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CIGI 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 1.83. 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 (1.83) is better than 66.67% of its industry peers.
The Debt to FCF ratio of CIGI is 9.12, which is on the high side as it means it would take CIGI, 9.12 years of fcf income to pay off all of its debts.
CIGI has a better Debt to FCF ratio (9.12) than 81.82% of its industry peers.
A Debt/Equity ratio of 1.39 is on the high side and indicates that CIGI has dependencies on debt financing.
The Debt to Equity ratio of CIGI (1.39) is worse than 72.73% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.39
Debt/FCF 9.12
Altman-Z 1.83
ROIC/WACC0.71
WACC7.37%
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 1.14. This is a normal value and indicates that CIGI is financially healthy and should not expect problems in meeting 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.
The Quick ratio of CIGI (1.14) 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

The Earnings Per Share has grown by an nice 19.08% over the past year.
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.
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

Based on estimates for the next years, CIGI will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.90% on average per year.
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

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

With a Price/Earnings ratio of 22.59, CIGI is valued on the expensive side.
Based on the Price/Earnings ratio, CIGI is valued a bit cheaper than 60.61% of the companies in the same industry.
CIGI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 19.05, 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 34.59, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 22.59
Fwd PE 19.05
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 33.7
EV/EBITDA 14.14
CIGI.CA Per share dataCIGI.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 -50 100 150

4.3 Compensation for Growth

CIGI's 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 13.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.17
PEG (5Y)5.45
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 3.40.
Compared to an average S&P500 Dividend Yield of 2.44, CIGI's dividend is way lower than the S&P500 average.
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.
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 12.99% of its income as dividend. This is a sustainable payout ratio.
The dividend of CIGI is growing, but the earnings are growing slower. 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 (11/14/2025, 7:00:00 PM)

205.54

-2.19 (-1.05%)

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 Cap10.46B
Revenue(TTM)5.45B
Net Income(TTM)117.10M
Analysts78.57
Price Target184.23 (-10.37%)
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)1.53%
PT rev (3m)2.73%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)0.47%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)3.42%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)0.06%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)2.04%
Valuation
Industry RankSector Rank
PE 22.59
Fwd PE 19.05
P/S 1.37
P/FCF 33.7
P/OCF 25.83
P/B 5.17
P/tB N/A
EV/EBITDA 14.14
EPS(TTM)9.1
EY4.43%
EPS(NY)10.79
Fwd EY5.25%
FCF(TTM)6.1
FCFY2.97%
OCF(TTM)7.96
OCFY3.87%
SpS150.28
BVpS39.76
TBVpS-66.9
PEG (NY)1.17
PEG (5Y)5.45
Graham Number90.22
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 1.83
F-Score6
WACC7.37%
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)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 22.59 and the Price/Book (PB) ratio is 5.17.


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%.