Colliers International Group Inc. - Subordinate Voting Shares (CIGI)
NEUTRALFundamental
58
Price
$106.83
Market Cap
$5.52B
Part 1 · What the company is worth
Overview
Colliers International Group Inc. provides commercial real estate, engineering, and investment management solutions in the United States, Canada, Europe, Australia, the United Kingdom, Poland, China, India, and internationally. The company offers capital markets services for property sales, debt finance, mortgage investment banking, and landlord and tenant representation services; and outsourcing services, such as building operations and maintenance, facilities management, lease administration, property accounting and financial reporting, contract and construction management, valuation and appraisal review and management, portfolio or single asset valuation, financial reporting advisory, arbitration consulting, research, highest and best use studies, property tax reviews, appeals and litigation support, and occupier services, as well as loan servicing. It also engages in the planning, designing, and project management of assets, including bridges and structure, highway and traffic engineering, construction engineering and inspection, water, traffic planning, and rail; and provision of air quality assessments, brownfield redevelopment, environmental impact assessments, ground water resource development, site remediation, noise studies, land development and monitoring, and other services, as well as water, storm, and wastewater management services. In addition, the company offers project management services, which include bid document review, construction monitoring and delivery management, contract administration and integrated cost control, development management, facility and engineering functionality, milestone and performance monitoring, quality assurance, risk management and strategic project consulting; and perpetual funds, long-dated funds, and separately managed accounts. Colliers International Group Inc. was founded in 1972 and is headquartered in Toronto, Canada.
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Direct competitors
Who this company fights with for the same customers
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Balance Sheet & Liquidity
Revenue
$5.96B
Trailing 12 months (through 6/30/2026)
Net Income
$108M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$345M
Total Equity
$1.50B
Total Liabilities
$3.31B
Current Ratio
1.19
Interest Coverage
-
Debt/EBITDA
4.78
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$94.16
Current Price
$106.83
Margin of Safety
-13.5%
Fair Value Range
$61.20 - $127.12
Estimation Methods
Valuation Metrics
P/E Ratio
51.17
ROE
7.8%
P/B Ratio
3.57
P/FCF
15.58
Gross Margin
40.0%
ROIC
7.9%
Profitability Radar
Value Creation (Economic Moat)
ROIC
7.9%
WACC
7.5%
ROIC − WACC
+0.3 pp
ROIC is roughly in line with the cost of capital — the company is barely covering its capital cost.
Fundamental Analysis Criteria
Passed (12)
- Price CAGR 11.29%
- ROIC 7.9%
- Gross Margin 40.0%
- P/FCF 15.58
- Debt/Equity ratio
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Debt/EBITDA
- Revenue Growth 5Y 14.8%
- Analyst Consensus 79% Buy
- Earnings Quality (OCF/NI) 3.13
Failed (7)
- P/B Ratio 3.57
- DCF valuation (Fairly valued)
- ROE 7.1%
- Earnings Surprise avg -2.5%
- PEG Ratio 4.51
- Net Margin Trend 1.9% vs 3.4%
- Piotroski F-Score 2/9
Unavailable (8)
- EPS data insufficient
- Dividend Payout NaN%
- Operating Margin NaN%
- Interest Coverage
- Return on Tangible Assets
- Low reliance on intangibles
- Price below Graham Number
- Share Dilution (missing shares data)
Piotroski F-Score
Serious financial concerns
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Jay Stewart Hennick CM | Global Chairman & CEO | 68 |
| Mr. Christian Mayer | Global CFO & CEO of Commercial Real Estate | 52 |
| Mr. Elias Mulamoottil | Global Chief Investment Officer & CEO of Engineering | 55 |
| Mr. Robert D. Hemming CGA, CPA | Senior VP & Chief Accounting Officer | 57 |
| Mr. Stuart McDonald | Chief Information Officer | - |
| Mr. Matthew Hawkins | Senior VP of Legal & Corporate Secretary | 42 |
| Ms. Andrea Cheung | Senior Communications Manager | - |
| Ms. Rebecca Finley | Chief Brand & People Officer | 49 |
| Ms. Lynda A. Cralli | Chief of Staff | - |
| Mr. David Bowden | Chief Executive Officer of Colliers Real Estate Strategy & Consulting | - |
Audit Risk
10
Board Risk
9
Compensation Risk
10
Shareholder Rights Risk
9
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Latest News
Recent headlines for CIGI, sourced from Markets Gazette.