138 USD
+0.75 (+0.55%)
138 USD
0 (0%)
CIGI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 62 industry peers in the Real Estate Management & Development industry. While CIGI is still in line with the averages on profitability rating, there are concerns on its financial health. CIGI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- CIGI had positive earnings in the past year.
- 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.
1.2 Ratios
- With a decent Return On Assets value of 1.72%, CIGI is doing good in the industry, outperforming 66.13% of the companies in the same industry.
- CIGI has a better Return On Equity (8.12%) than 80.65% of its industry peers.
- CIGI has a better Return On Invested Capital (5.24%) than 75.81% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for CIGI is in line with the industry average of 5.44%.
| Industry Rank | Sector 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%
1.3 Margins
- CIGI has a Profit Margin (2.15%) which is in line with its industry peers.
- CIGI's Profit Margin has been stable in the last couple of years.
- CIGI has a better Operating Margin (7.11%) than 72.58% of its industry peers.
- CIGI's Operating Margin has declined in the last couple of years.
- With a decent Gross Margin value of 40.05%, CIGI is doing good in the industry, outperforming 69.35% of the companies in the same industry.
- CIGI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
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
- CIGI has more shares outstanding than it did 5 years ago.
- CIGI has a better debt/assets ratio than last year.
2.2 Solvency
- CIGI has an Altman-Z score of 1.78. This is a bad value and indicates that CIGI is not financially healthy and even has some risk of bankruptcy.
- CIGI's Altman-Z score of 1.78 is in line compared to the rest of the industry. CIGI outperforms 54.84% 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 Debt to FCF ratio of 9.12. This is in the better half of the industry: CIGI outperforms 69.35% 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.
- With a Debt to Equity ratio value of 1.39, CIGI is not doing good in the industry: 74.19% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | 9.12 | ||
| Altman-Z | 1.78 |
ROIC/WACC0.72
WACC7.27%
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 doing worse than 69.35% 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's Quick ratio of 1.14 is on the low side compared to the rest of the industry. CIGI is outperformed by 66.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 1.14 |
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.
- The Revenue has grown by 19.71% 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)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 14.35% 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 10.20% on average per year.
EPS Next Y19.29%
EPS Next 2Y15.88%
EPS Next 3Y14.35%
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.
4. Valuation
4.1 Price/Earnings Ratio
- CIGI is valuated rather expensively with a Price/Earnings ratio of 21.26.
- CIGI's Price/Earnings ratio is a bit cheaper when compared to the industry. CIGI is cheaper than 79.03% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.82. CIGI is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 18.00, which indicates a rather expensive current valuation of CIGI.
- Based on the Price/Forward Earnings ratio, CIGI is valued cheaply inside the industry as 88.71% of the companies are valued more expensively.
- CIGI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.95, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.26 | ||
| Fwd PE | 18 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CIGI is valued a bit cheaper than the industry average as 79.03% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of CIGI indicates a somewhat cheap valuation: CIGI is cheaper than 72.58% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.76 | ||
| EV/EBITDA | 13.41 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- CIGI has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as CIGI's earnings are expected to grow with 14.35% in the coming years.
PEG (NY)1.1
PEG (5Y)5.13
EPS Next 2Y15.88%
EPS Next 3Y14.35%
5. Dividend
5.1 Amount
- CIGI has a yearly dividend return of 0.22%, which is pretty low.
- CIGI's Dividend Yield is a higher than the industry average which is at 0.85.
- With a Dividend Yield of 0.22, CIGI pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.22% |
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 Years8
5.3 Sustainability
- 12.99% of the earnings are spent on dividend by CIGI. This is a low number and 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 2Y15.88%
EPS Next 3Y14.35%
COLLIERS INTL GR-SUBORD VOT / CIGI FAQ
What is the fundamental rating for CIGI stock?
ChartMill assigns a fundamental rating of 5 / 10 to CIGI.
What is the valuation status for CIGI stock?
ChartMill assigns a valuation rating of 5 / 10 to COLLIERS INTL GR-SUBORD VOT (CIGI). This can be considered as Fairly Valued.
How profitable is COLLIERS INTL GR-SUBORD VOT (CIGI) stock?
COLLIERS INTL GR-SUBORD VOT (CIGI) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for CIGI stock?
The Earnings per Share (EPS) of COLLIERS INTL GR-SUBORD VOT (CIGI) is expected to grow by 19.29% in the next year.
Can you provide the dividend sustainability for CIGI stock?
The dividend rating of COLLIERS INTL GR-SUBORD VOT (CIGI) is 5 / 10 and the dividend payout ratio is 12.99%.