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

USA - Nasdaq - NASDAQ:CIGI - CA1946931070 - Common Stock

145.54 USD
+1.94 (+1.35%)
Last: 1/15/2026, 1:56:33 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to CIGI. CIGI was compared to 63 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. Profitability

1.1 Basic Checks

  • In the past year CIGI was profitable.
  • 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 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 0 200M -200M 400M

1.2 Ratios

  • CIGI has a Return On Assets of 1.72%. This is in the better half of the industry: CIGI outperforms 66.67% of its industry peers.
  • CIGI has a Return On Equity of 8.12%. This is amongst the best in the industry. CIGI outperforms 80.95% of its industry peers.
  • CIGI's Return On Invested Capital of 5.24% is fine compared to the rest of the industry. CIGI outperforms 76.19% 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 5.30%.
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 Yearly ROA, ROE, ROICCIGI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 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.
  • With a decent Operating Margin value of 7.11%, CIGI is doing good in the industry, outperforming 73.02% of the companies in the same industry.
  • 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 69.84% 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 Yearly Profit, Operating, Gross MarginsCIGI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CIGI is destroying value.
  • The number of shares outstanding for CIGI has been increased compared to 1 year ago.
  • The number of shares outstanding for CIGI has been increased compared to 5 years ago.
  • The debt/assets ratio for CIGI has been reduced compared to a year ago.
CIGI Yearly Shares OutstandingCIGI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 2B 4B 6B

2.2 Solvency

  • CIGI has an Altman-Z score of 1.82. 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 1.82, CIGI is in line with its industry, outperforming 53.97% of the companies in the same industry.
  • 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 has a Debt to FCF ratio of 9.12. This is in the better half of the industry: CIGI outperforms 69.84% 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.
  • With a Debt to Equity ratio value of 1.39, CIGI is not doing good in the industry: 74.60% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.39
Debt/FCF 9.12
Altman-Z 1.82
ROIC/WACC0.74
WACC7.12%
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 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.
  • With a Current ratio value of 1.14, CIGI is not doing good in the industry: 68.25% of the companies in the same industry are doing better.
  • 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 has a Quick ratio of 1.14. This is in the lower half of the industry: CIGI underperforms 65.08% of its industry peers.
Industry RankSector Rank
Current Ratio 1.14
Quick Ratio 1.14
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 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.
  • Measured over the past 5 years, CIGI shows a small growth in Earnings Per Share. The EPS has been growing by 4.15% on average per year.
  • The Revenue has grown by 19.71% in the past year. This is quite good.
  • The Revenue has been growing by 9.62% on average over the past years. This is quite good.
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 14.54% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 10.20% on average over the next years. This is quite good.
EPS Next Y19.29%
EPS Next 2Y16.12%
EPS Next 3Y14.54%
EPS Next 5YN/A
Revenue Next Year17.13%
Revenue Next 2Y12.14%
Revenue Next 3Y10.2%
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.
  • 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.
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 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 2 4 6 8

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 22.43 indicates a rather expensive valuation of CIGI.
  • Compared to the rest of the industry, the Price/Earnings ratio of CIGI indicates a somewhat cheap valuation: CIGI is cheaper than 77.78% of the companies listed in the same industry.
  • CIGI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.33.
  • With a Price/Forward Earnings ratio of 18.90, CIGI is valued on the expensive side.
  • Based on the Price/Forward Earnings ratio, CIGI is valued cheaper than 87.30% of the companies in the same industry.
  • CIGI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.12, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 22.43
Fwd PE 18.9
CIGI Price Earnings VS Forward Price EarningsCIGI 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 79.37% of the companies in the same industry.
  • CIGI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CIGI is cheaper than 73.02% of the companies in the same industry.
Industry RankSector Rank
P/FCF 33.5
EV/EBITDA 13.92
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.
  • The decent profitability rating of CIGI may justify a higher PE ratio.
  • A more expensive valuation may be justified as CIGI's earnings are expected to grow with 14.54% in the coming years.
PEG (NY)1.16
PEG (5Y)5.41
EPS Next 2Y16.12%
EPS Next 3Y14.54%

5

5. Dividend

5.1 Amount

  • CIGI has a yearly dividend return of 0.21%, which is pretty low.
  • Compared to an average industry Dividend Yield of 0.83, CIGI pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.91, 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.
  • 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
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

  • 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 2Y16.12%
EPS Next 3Y14.54%
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 0 200M -200M
CIGI Dividend Payout.CIGI Dividend Payout, showing the Payout Ratio.CIGI Dividend Payout.PayoutRetained Earnings

COLLIERS INTL GR-SUBORD VOT

NASDAQ:CIGI (1/15/2026, 1:56:33 PM)

145.54

+1.94 (+1.35%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)11-04
Earnings (Next)02-05
Inst Owners81.4%
Inst Owner Change-0.01%
Ins Owners11.68%
Ins Owner Change0%
Market Cap7.41B
Revenue(TTM)5.45B
Net Income(TTM)117.10M
Analysts78.57
Price Target133.62 (-8.19%)
Short Float %0.7%
Short Ratio2.51
Dividend
Industry RankSector Rank
Dividend Yield 0.21%
Yearly Dividend0.3
Dividend Growth(5Y)24.82%
DP12.99%
Div Incr Years0
Div Non Decr Years8
Ex-DateN/A
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)1.2%
PT rev (3m)2.48%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.11%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)-0.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.29%
Valuation
Industry RankSector Rank
PE 22.43
Fwd PE 18.9
P/S 1.36
P/FCF 33.5
P/OCF 25.68
P/B 5.14
P/tB N/A
EV/EBITDA 13.92
EPS(TTM)6.49
EY4.46%
EPS(NY)7.7
Fwd EY5.29%
FCF(TTM)4.34
FCFY2.99%
OCF(TTM)5.67
OCFY3.89%
SpS107.06
BVpS28.32
TBVpS-47.66
PEG (NY)1.16
PEG (5Y)5.41
Graham Number64.31
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 1.82
F-Score6
WACC7.12%
ROIC/WACC0.74
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 Y19.29%
EPS Next 2Y16.12%
EPS Next 3Y14.54%
EPS Next 5YN/A
Revenue 1Y (TTM)19.71%
Revenue growth 3Y5.65%
Revenue growth 5Y9.62%
Sales Q2Q%24.09%
Revenue Next Year17.13%
Revenue Next 2Y12.14%
Revenue Next 3Y10.2%
Revenue Next 5YN/A
EBIT growth 1Y7.82%
EBIT growth 3Y-3%
EBIT growth 5Y7.94%
EBIT Next Year69.01%
EBIT Next 3Y26.53%
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 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%.