COLLIERS INTL GR-SUBORD VOT (CIGI) Fundamental Analysis & Valuation

NASDAQ:CIGI • CA1946931070

111.78 USD
-6.14 (-5.21%)
At close: Mar 10, 2026
111.78 USD
0 (0%)
After Hours: 3/10/2026, 8:13:17 PM

This CIGI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

Taking everything into account, CIGI scores 5 out of 10 in our fundamental rating. CIGI was compared to 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.


Dividend Valuation Growth Profitability Health

6

1. CIGI Profitability Analysis

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.
  • Each year in the past 5 years CIGI had a positive operating cash flow.
CIGI Yearly Net Income VS EBIT VS OCF VS FCFCIGI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M

1.2 Ratios

  • With a decent Return On Assets value of 1.52%, CIGI is doing good in the industry, outperforming 70.97% of the companies in the same industry.
  • CIGI has a better Return On Equity (6.72%) than 74.19% of its industry peers.
  • CIGI has a Return On Invested Capital of 5.71%. This is in the better half of the industry: CIGI outperforms 77.42% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for CIGI is in line with the industry average of 5.52%.
Industry RankSector Rank
ROA 1.52%
ROE 6.72%
ROIC 5.71%
ROA(3y)1.79%
ROA(5y)-0.76%
ROE(3y)8.89%
ROE(5y)-6.2%
ROIC(3y)5.92%
ROIC(5y)7.65%
CIGI Yearly ROA, ROE, ROICCIGI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40 -60

1.3 Margins

  • With a Profit Margin value of 1.85%, CIGI perfoms like the industry average, outperforming 59.68% of the companies in the same industry.
  • In the last couple of years the Profit Margin of CIGI has remained more or less at the same level.
  • With a decent Operating Margin value of 7.22%, CIGI is doing good in the industry, outperforming 74.19% of the companies in the same industry.
  • In the last couple of years the Operating Margin of CIGI has grown nicely.
  • The Gross Margin of CIGI (40.05%) is better than 69.35% of its industry peers.
  • In the last couple of years the Gross Margin of CIGI has grown nicely.
Industry RankSector Rank
OM 7.22%
PM (TTM) 1.85%
GM 40.05%
OM growth 3Y-9.63%
OM growth 5Y2.64%
PM growth 3Y21.38%
PM growth 5Y1.03%
GM growth 3Y1.46%
GM growth 5Y1.79%
CIGI Yearly Profit, Operating, Gross MarginsCIGI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30 40

2

2. CIGI Health Analysis

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.
  • CIGI has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, CIGI has a worse debt to assets ratio.
CIGI Yearly Shares OutstandingCIGI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M
CIGI Yearly Total Debt VS Total AssetsCIGI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • Based on the Altman-Z score of 1.71, we must say that CIGI is in the distress zone and has some risk of bankruptcy.
  • CIGI has a Altman-Z score of 1.71. This is comparable to the rest of the industry: CIGI outperforms 53.23% of its industry peers.
  • The Debt to FCF ratio of CIGI is 7.03, which is on the high side as it means it would take CIGI, 7.03 years of fcf income to pay off all of its debts.
  • CIGI has a better Debt to FCF ratio (7.03) than 67.74% of its industry peers.
  • A Debt/Equity ratio of 1.15 is on the high side and indicates that CIGI has dependencies on debt financing.
  • CIGI has a Debt to Equity ratio of 1.15. This is in the lower half of the industry: CIGI underperforms 69.35% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.15
Debt/FCF 7.03
Altman-Z 1.71
ROIC/WACC0.77
WACC7.42%
CIGI Yearly LT Debt VS Equity VS FCFCIGI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B

2.3 Liquidity

  • CIGI has a Current Ratio of 1.10. 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 1.10, CIGI is doing worse than 69.35% of the companies in the same industry.
  • A Quick Ratio of 1.10 indicates that CIGI should not have too much problems paying its short term obligations.
  • CIGI has a Quick ratio of 1.10. This is in the lower half of the industry: CIGI underperforms 66.13% of its industry peers.
Industry RankSector Rank
Current Ratio 1.1
Quick Ratio 1.1
CIGI Yearly Current Assets VS Current LiabilitesCIGI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

6

3. CIGI Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 15.06% over the past year.
  • Measured over the past years, CIGI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.84% on average per year.
  • Looking at the last year, CIGI shows a quite strong growth in Revenue. The Revenue has grown by 15.27% in the last year.
  • Measured over the past years, CIGI shows a quite strong growth in Revenue. The Revenue has been growing by 14.81% on average per year.
EPS 1Y (TTM)15.06%
EPS 3Y-2.09%
EPS 5Y9.84%
EPS Q2Q%3.54%
Revenue 1Y (TTM)15.27%
Revenue growth 3Y7.62%
Revenue growth 5Y14.81%
Sales Q2Q%6.99%

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 12.58% on average per year.
  • The Revenue is expected to grow by 9.94% on average over the next years. This is quite good.
EPS Next Y16.95%
EPS Next 2Y14.87%
EPS Next 3Y12.58%
EPS Next 5YN/A
Revenue Next Year14.34%
Revenue Next 2Y11.15%
Revenue Next 3Y9.94%
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 decreasing: in the next years the growth will be less than in the last years.
CIGI Yearly Revenue VS EstimatesCIGI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
CIGI Yearly EPS VS EstimatesCIGI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6 8

6

4. CIGI Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 17.01, which indicates a rather expensive current valuation of CIGI.
  • 79.03% of the companies in the same industry are more expensive than CIGI, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 26.25. CIGI is valued slightly cheaper when compared to this.
  • With a Price/Forward Earnings ratio of 14.55, CIGI is valued correctly.
  • CIGI's Price/Forward Earnings ratio is rather cheap when compared to the industry. CIGI is cheaper than 88.71% of the companies in the same industry.
  • CIGI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.39.
Industry RankSector Rank
PE 17.01
Fwd PE 14.55
CIGI Price Earnings VS Forward Price EarningsCIGI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 82.26% of the companies in the same industry are more expensive than CIGI, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, CIGI is valued a bit cheaper than 70.97% of the companies in the same industry.
Industry RankSector Rank
P/FCF 22.72
EV/EBITDA 11.33
CIGI Per share dataCIGI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 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 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 12.58% in the coming years.
PEG (NY)1
PEG (5Y)1.73
EPS Next 2Y14.87%
EPS Next 3Y12.58%

5

5. CIGI Dividend Analysis

5.1 Amount

  • CIGI has a yearly dividend return of 0.27%, which is pretty low.
  • The stock price of CIGI dropped by -23.19% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
  • Compared to an average industry Dividend Yield of 0.81, CIGI pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, CIGI's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.27%

5.2 History

  • On average, the dividend of CIGI grows each year by 24.50%, 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)24.5%
Div Incr Years0
Div Non Decr Years8
CIGI Yearly Dividends per shareCIGI Yearly Dividends per shareYearly Dividends per share 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 14.75% 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.
DP14.75%
EPS Next 2Y14.87%
EPS Next 3Y12.58%
CIGI Yearly Income VS Free CF VS DividendCIGI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M
CIGI Dividend Payout.CIGI Dividend Payout, showing the Payout Ratio.CIGI Dividend Payout.PayoutRetained Earnings

CIGI Fundamentals: All Metrics, Ratios and Statistics

COLLIERS INTL GR-SUBORD VOT

NASDAQ:CIGI (3/10/2026, 8:13:17 PM)

After market: 111.78 0 (0%)

111.78

-6.14 (-5.21%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)02-13
Earnings (Next)05-04
Inst Owners84.17%
Inst Owner Change7.65%
Ins Owners11.66%
Ins Owner Change0%
Market Cap5.71B
Revenue(TTM)5.56B
Net Income(TTM)103.10M
Analysts80
Price Target130.29 (16.56%)
Short Float %0.43%
Short Ratio0.55
Dividend
Industry RankSector Rank
Dividend Yield 0.27%
Yearly Dividend0.3
Dividend Growth(5Y)24.5%
DP14.75%
Div Incr Years0
Div Non Decr Years8
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.92%
Min EPS beat(2)-5.46%
Max EPS beat(2)1.62%
EPS beat(4)2
Avg EPS beat(4)2.12%
Min EPS beat(4)-5.46%
Max EPS beat(4)12.75%
EPS beat(8)2
Avg EPS beat(8)-3.97%
EPS beat(12)3
Avg EPS beat(12)-9.35%
EPS beat(16)5
Avg EPS beat(16)-6.74%
Revenue beat(2)1
Avg Revenue beat(2)1.01%
Min Revenue beat(2)-3.39%
Max Revenue beat(2)5.41%
Revenue beat(4)2
Avg Revenue beat(4)0.45%
Min Revenue beat(4)-3.39%
Max Revenue beat(4)5.41%
Revenue beat(8)4
Avg Revenue beat(8)0.4%
Revenue beat(12)4
Avg Revenue beat(12)-0.81%
Revenue beat(16)7
Avg Revenue beat(16)0.15%
PT rev (1m)-2.15%
PT rev (3m)-1.32%
EPS NQ rev (1m)-5.96%
EPS NQ rev (3m)-6.71%
EPS NY rev (1m)0.21%
EPS NY rev (3m)-0.26%
Revenue NQ rev (1m)2.44%
Revenue NQ rev (3m)2.44%
Revenue NY rev (1m)6.53%
Revenue NY rev (3m)6.53%
Valuation
Industry RankSector Rank
PE 17.01
Fwd PE 14.55
P/S 1.03
P/FCF 22.72
P/OCF 17.3
P/B 3.73
P/tB N/A
EV/EBITDA 11.33
EPS(TTM)6.57
EY5.88%
EPS(NY)7.68
Fwd EY6.87%
FCF(TTM)4.92
FCFY4.4%
OCF(TTM)6.46
OCFY5.78%
SpS108.78
BVpS30.01
TBVpS-45.44
PEG (NY)1
PEG (5Y)1.73
Graham Number66.6
Profitability
Industry RankSector Rank
ROA 1.52%
ROE 6.72%
ROCE 7.82%
ROIC 5.71%
ROICexc 5.95%
ROICexgc 24.99%
OM 7.22%
PM (TTM) 1.85%
GM 40.05%
FCFM 4.52%
ROA(3y)1.79%
ROA(5y)-0.76%
ROE(3y)8.89%
ROE(5y)-6.2%
ROIC(3y)5.92%
ROIC(5y)7.65%
ROICexc(3y)6.22%
ROICexc(5y)8.41%
ROICexgc(3y)28.01%
ROICexgc(5y)45.86%
ROCE(3y)8.12%
ROCE(5y)10.59%
ROICexgc growth 3Y-29.86%
ROICexgc growth 5Y0.93%
ROICexc growth 3Y-13.02%
ROICexc growth 5Y0.24%
OM growth 3Y-9.63%
OM growth 5Y2.64%
PM growth 3Y21.38%
PM growth 5Y1.03%
GM growth 3Y1.46%
GM growth 5Y1.79%
F-Score7
Asset Turnover0.82
Health
Industry RankSector Rank
Debt/Equity 1.15
Debt/FCF 7.03
Debt/EBITDA 2.67
Cap/Depr 30.74%
Cap/Sales 1.42%
Interest Coverage 4.53
Cash Conversion 50.21%
Profit Quality 243.88%
Current Ratio 1.1
Quick Ratio 1.1
Altman-Z 1.71
F-Score7
WACC7.42%
ROIC/WACC0.77
Cap/Depr(3y)33.95%
Cap/Depr(5y)35.99%
Cap/Sales(3y)1.57%
Cap/Sales(5y)1.53%
Profit Quality(3y)176.34%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.06%
EPS 3Y-2.09%
EPS 5Y9.84%
EPS Q2Q%3.54%
EPS Next Y16.95%
EPS Next 2Y14.87%
EPS Next 3Y12.58%
EPS Next 5YN/A
Revenue 1Y (TTM)15.27%
Revenue growth 3Y7.62%
Revenue growth 5Y14.81%
Sales Q2Q%6.99%
Revenue Next Year14.34%
Revenue Next 2Y11.15%
Revenue Next 3Y9.94%
Revenue Next 5YN/A
EBIT growth 1Y11.1%
EBIT growth 3Y-2.74%
EBIT growth 5Y17.84%
EBIT Next Year93.91%
EBIT Next 3Y32.03%
EBIT Next 5YN/A
FCF growth 1Y-3.64%
FCF growth 3YN/A
FCF growth 5Y14.8%
OCF growth 1Y1.27%
OCF growth 3Y70.14%
OCF growth 5Y14.67%

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 6 / 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 16.95% 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 14.75%.