(CIGI) Colliers International Bats - Overview

Sector: Real Estate | Industry: Real Estate Services | Exchange: NASDAQ (USA) | Market Cap: 4.910m USD | Total Return: -20.1% in 12m

Brokerage, Investment Management, Engineering, Advisory, Outsourcing
Total Rating 30
Safety 52
Buy Signal -0.63
Real Estate Services
Industry Rotation: -3.5
Market Cap: 4.91B
Avg Turnover: 24.8M
Risk 3d forecast
Volatility30.1%
VaR 5th Pctl5.04%
VaR vs Median1.75%
Reward TTM
Sharpe Ratio-0.64
Rel. Str. IBD5
Rel. Str. Peer Group11.4
Character TTM
Beta0.910
Beta Downside1.062
Hurst Exponent0.509
Drawdowns 3y
Max DD45.60%
CAGR/Max DD0.03
CAGR/Mean DD0.10
EPS (Earnings per Share) EPS (Earnings per Share) of CIGI over the last years for every Quarter: "2021-03": 1.04, "2021-06": 1.58, "2021-09": 1.27, "2021-12": 2.25, "2022-03": 1.44, "2022-06": 1.84, "2022-09": 1.41, "2022-12": 2.31, "2023-03": 0.86, "2023-06": 1.31, "2023-09": 1.19, "2023-12": 2, "2024-03": 0.77, "2024-06": 1.36, "2024-09": 1.32, "2024-12": 1.47, "2025-03": -0.08, "2025-06": 1.72, "2025-09": 1.64, "2025-12": 2.34, "2026-03": 0.91,
EPS CAGR: -1.98%
EPS Trend: -13.8%
Last SUE: -0.38
Qual. Beats: 0
Revenue Revenue of CIGI over the last years for every Quarter: 2021-03: 774.914, 2021-06: 945.994, 2021-09: 1022.756, 2021-12: 1345.465, 2022-03: 1000.912, 2022-06: 1127.846, 2022-09: 1108.324, 2022-12: 1222.405, 2023-03: 965.903, 2023-06: 1078.038, 2023-09: 1056.032, 2023-12: 1235.168, 2024-03: 1001.98, 2024-06: 1139.368, 2024-09: 1179.059, 2024-12: 1501.617, 2025-03: 1137.721943, 2025-06: 1370.697611, 2025-09: 1446.676998, 2025-12: 1703.848843, 2026-03: 1295.27814,
Rev. CAGR: 12.50%
Rev. Trend: 95.8%
Last SUE: 0.10
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: CIGI Colliers International Bats

Colliers International Group Inc. (CIGI) is a diversified global professional services and investment management firm headquartered in Toronto. The company operates across multiple segments, including capital markets, outsourcing, engineering, and investment management, serving clients in over 60 countries.

The business model relies heavily on recurring revenue streams through long-term outsourcing contracts and investment management fees, which provide stability against the cyclical nature of property transactions. In the global real estate services sector, firms like Colliers are increasingly integrating engineering and environmental consulting to capture the full lifecycle of asset development and maintenance.

Colliers manages a wide range of investment vehicles, including perpetual and long-dated funds, while providing specialized technical services such as infrastructure design and environmental impact assessments. Investors looking for deeper insights into these revenue segments may find ValueRays analytical tools useful for further due diligence.

Headlines to Watch Out For
  • High interest rates reduce transaction volumes in capital markets and property sales
  • Recurring revenue from outsourcing and engineering services mitigates commercial real estate volatility
  • Assets under management growth in investment management division expands high-margin fees
  • Global economic slowdown pressures corporate office leasing and tenant representation demand
  • Strategic acquisitions in specialized engineering and consulting sectors drive inorganic revenue growth
Piotroski VR-10 (Strict) 5.0
Net Income: 85.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA -2.97 > 1.0
NWC/Revenue: 19.96% < 20% (prev 4.76%; Δ 15.20% < -1%)
CFO/TA 0.03 > 3% & CFO 211.1m > Net Income 85.1m
Net Debt (2.99b) to EBITDA (664.3m): 4.50 < 3
Current Ratio: 4.82 > 1.5 & < 3
Outstanding Shares: last quarter (36.7m) vs 12m ago -27.41% < -2%
Gross Margin: 24.48% > 18% (prev 0.37%; Δ 2.41k% > 0.5%)
Asset Turnover: 89.08% > 50% (prev 81.11%; Δ 7.97% > 0%)
Interest Coverage Ratio: 4.76 > 6 (EBITDA TTM 664.3m / Interest Expense TTM 84.1m)
Altman Z'' 1.42
A: 0.17 (Total Current Assets 1.47b - Total Current Liabilities 304.2m) / Total Assets 6.95b
B: -0.02 (Retained Earnings -122.5m / Total Assets 6.95b)
C: 0.06 (EBIT TTM 399.8m / Avg Total Assets 6.53b)
D: -0.03 (Book Value of Equity -122.5m / Total Liabilities 4.13b)
Altman-Z'' = 1.42 = BB
Beneish M -2.29
DSRI: 1.14 (Receivables 1.22b/911.8m, Revenue 5.82b/4.96b)
GMI: 1.53 (GM 24.48% / 37.34%)
AQI: 1.07 (AQ_t 0.68 / AQ_t-1 0.64)
SGI: 1.17 (Revenue 5.82b / 4.96b)
TATA: -0.02 (NI 85.1m - CFO 211.1m) / TA 6.95b)
Beneish M = -2.29 (Cap -4..+1) = BBB
What is the price of CIGI shares?

As of May 29, 2026, the stock is trading at USD 95.78 with a total of 212,522 shares traded.
Over the past week, the price has changed by -0.81%, over one month by -13.31%, over three months by -19.33% and over the past year by -20.09%.

Is CIGI a buy, sell or hold?

Colliers International Bats has received a consensus analysts rating of 3.91. Therefore, it is recommended to buy CIGI.

  • StrongBuy: 2
  • Buy: 6
  • Hold: 3
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the CIGI price?
Analysts Target Price 148.3 54.9%
Colliers International Bats (CIGI) - Fundamental Data Overview as of 25 May 2026
Market Cap USD = 4.91b (4.91b USD * 1.0 USD.USD)
P/E Trailing = 58.9387
P/E Forward = 12.9534
P/S = 0.8567
P/B = 3.2424
P/EG = 1.2156
Revenue TTM = 5.82b USD
EBIT TTM = 399.8m USD
EBITDA TTM = 664.3m USD
Long Term Debt = 1.86b USD (from longTermDebt, last quarter)
Short Term Debt = 304.2m USD (from shortTermDebt, last quarter)
Debt = 3.24b USD (from shortLongTermDebtTotal, last quarter) + Leases 581.6m
Net Debt = 2.99b USD (calculated: Debt 3.24b - CCE 249.4m)
Enterprise Value = 7.90b USD (4.91b + Debt 3.24b - CCE 249.4m)
Interest Coverage Ratio = 4.76 (Ebit TTM 399.8m / Interest Expense TTM 84.1m)
EV/FCF = 61.54x (Enterprise Value 7.90b / FCF TTM 128.4m)
FCF Yield = 1.62% (FCF TTM 128.4m / Enterprise Value 7.90b)
FCF Margin = 2.21% (FCF TTM 128.4m / Revenue TTM 5.82b)
Net Margin = 1.46% (Net Income TTM 85.1m / Revenue TTM 5.82b)
Gross Margin = 24.48% ((Revenue TTM 5.82b - Cost of Revenue TTM 4.39b) / Revenue TTM)
Gross Margin QoQ = 29.54% (prev 9.81%)
Tobins Q-Ratio = 1.14 (Enterprise Value 7.90b / Total Assets 6.95b)
Interest Expense / Debt = 2.60% (Interest Expense 84.1m / Debt 3.24b)
Taxrate = 43.39% (8.15m / 18.8m)
NOPAT = 226.4m (EBIT 399.8m * (1 - 43.39%))
Current Ratio = 4.82 (Total Current Assets 1.47b / Total Current Liabilities 304.2m)
Debt / Equity = 2.13 (Debt 3.24b / totalStockholderEquity, last quarter 1.52b)
Debt / EBITDA = 4.50 (Net Debt 2.99b / EBITDA 664.3m)
Debt / FCF = 23.29 (Net Debt 2.99b / FCF TTM 128.4m)
Total Stockholder Equity = 1.47b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.30% (Net Income 85.1m / Total Assets 6.95b)
RoE = 5.34% (Net Income TTM 85.1m / Total Stockholder Equity 1.59b)
RoCE = 11.58% (EBIT 399.8m / Capital Employed (Equity 1.59b + L.T.Debt 1.86b))
RoIC = 3.38% (NOPAT 226.4m / Invested Capital 6.70b)
WACC = 6.11% (E(4.91b)/V(8.15b) * Re(9.18%) + D(3.24b)/V(8.15b) * Rd(2.60%) * (1-Tc(0.43)))
Discount Rate = 9.18% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -33.33 | Cagr: -10.86%
[DCF] Terminal Value 73.10% ; FCFF base≈194.8m ; Y1≈170.8m ; Y5≈138.0m
 [DCF] Fair Price = N/A (negative equity: EV 2.22b - Net Debt 2.99b = -774.6m; debt exceeds intrinsic value)
 EPS Correlation: -13.85 | EPS CAGR: -1.98% | SUE: -0.38 | # QB: 0
Revenue Correlation: 95.84 | Revenue CAGR: 12.50% | SUE: 0.10 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.83 | Chg30d=-1.81% | Revisions=-27% | Analysts=10
EPS next Quarter (2026-09-30): EPS=2.03 | Chg30d=+0.50% | Revisions=-8% | Analysts=10
EPS current Year (2026-12-31): EPS=7.50 | Chg30d=-0.17% | Revisions=-38% | GrowthEPS=+13.9% | GrowthRev=+14.9%
EPS next Year (2027-12-31): EPS=8.47 | Chg30d=-0.59% | Revisions=-43% | GrowthEPS=+13.0% | GrowthRev=+8.7%
[Analyst] Revisions Ratio: -43%