CIGI Stock Analysis: Colliers International Bats | NASDAQ

Commercial Real Estate, Capital Markets, Engineering, Investment Management

Total Rating 30

Safety 61

Buy Signal -0.47

Real Estate Services
Industry Rotation: +4.2

Market Cap: 5.47B
Avg Turnover: 20.2M

Risk 3d forecast

Volatility31.3%

VaR 5^th Pctl5.29%

VaR vs Median2.49%

Reward TTM

Sharpe Ratio-1.28

Rel. Str. IBD9.6

Rel. Str. Peer Group22.5

Character TTM

Beta0.810

Beta Downside1.077

Hurst Exponent0.507

Drawdowns 3y

Max DD47.49%

CAGR/Max DD-0.08

CAGR/Mean DD-0.23

EPS (Earnings per Share)

EPS CAGR: 9.44%
EPS Trend: 90.3%

Last SUE: 0.47
Qual. Beats: 0

Revenue

Rev. CAGR: 14.29%
Rev. Trend: 98.3%

Last SUE: 0.26
Qual. Beats: 0

Warnings

Below Avwap Earnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan -1.5% 18

Feb -0.8% 10

Mar -6.8% 39

Apr -1.5% 11

May -1.8% 5

Jun +3.0% 19

Jul +8.6% 49

Aug +2.4% 17

Sep -5.5% 19

Oct -2.0% 0

Nov +1.4% 11

Dec +1.0% 17

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: CIGI Colliers International Bats

Colliers International Group Inc. (CIGI) is a Toronto-headquartered professional services firm founded in 1972 that operates across the U.S., Canada, Europe, Australia, the U.K., Poland, China, India, and other international markets. The company runs three core business lines: commercial real estate services, engineering, and investment management, making it one of a small number of publicly listed firms offering this combined scope of services on a global scale.

Its commercial real estate segment includes capital markets (property sales, debt finance, and mortgage investment banking) and a broad outsourcing platform covering facilities management, lease administration, valuation, property tax consulting, and occupier services. The engineering division provides infrastructure-related work such as bridges, highways, traffic planning, water and wastewater management, and environmental services including site remediation and impact assessments.

Colliers also offers project management services for construction and development projects and operates an investment management business with perpetual funds, long-dated funds, and separately managed accounts. The company is listed on NASDAQ, and within the GICS classification it sits in the Real Estate sector (Real Estate Development sub-industry), reflecting its core exposure to global property and infrastructure markets.

Headlines to Watch Out For

Capital markets revenue pressured by elevated interest rates
Investment management AUM growth expands recurring fee income
Engineering services benefit from infrastructure spending programs

Piotroski VR-10 (Strict) 3.5

Net Income: 109.2m TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA -1.27 > 1.0
NWC/Revenue: 22.13% < 20% (prev 4.93%; Δ 17.20% < -1%)
CFO/TA 0.04 > 3% & CFO 296.0m > Net Income 109.2m
Net Debt (3.61b) to EBITDA (664.8m): 5.44 < 3
Current Ratio: 5.40 > 1.5 & < 3
Outstanding Shares: last quarter (36.0m) vs 12m ago -3.65% < -2%
Gross Margin: 27.01% > 18% (prev 35.31%; Δ -8.30% > 0.5%)
Asset Turnover: 83.58% > 50% (prev 80.32%; Δ 3.26% > 0%)
Interest Coverage Ratio: 4.18 > 6 (EBIT TTM 393.2m / Interest Expense TTM 94.0m)

Altman Z'' 1.74

A: 0.17 (Total Current Assets 1.63b - Total Current Liabilities 302.9m) / Total Assets 7.94b
B: -0.01 (Retained Earnings -101.6m / Total Assets 7.94b)
C: 0.05 (EBIT TTM 393.2m / Avg Total Assets 7.20b)
D: 0.30 (Book Value of Equity 1.54b / Total Liabilities 5.09b)
Altman-Z'' = 1.74 = BBB

Beneish M -2.52

DSRI: 1.07 (Receivables 1.32b/1.06b, Revenue 6.02b/5.19b)
GMI: 1.31 (GM 35.31% / 27.01%)
AQI: 1.10 (AQ_t 0.69 / AQ_t-1 0.63)
SGI: 1.16 (Revenue 6.02b / 5.19b)
TATA: -0.02 (NI 109.2m - CFO 296.0m) / TA 7.94b)
Beneish M = -2.52 (Cap -4..+1) = A

What is the price of CIGI shares?

As of August 30, 2026, the stock is trading at USD 102.93 with a total of 275,018 shares traded. Over the past week, the price has changed by -3.86%, over one month by -0.94%, over three months by +7.64% and over the past year by -37.67%.

Current recommended Stop Loss: 96.90 (which is 5.9% or 1.8 ATR below the current price).

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	139.8	35.8%

Colliers International Bats (CIGI) - Fundamental Data Overview as of 24 August 2026

Market Cap USD = 5.47b (5.47b USD * 1.0 USD.USD)
P/E Trailing = 50.7393
P/E Forward = 14.1643
P/S = 0.9187
P/B = 3.5443
P/EG = 1.2156
Revenue TTM = 6.02b USD
EBIT TTM = 393.2m USD
EBITDA TTM = 664.8m USD
Long Term Debt = 2.49b USD (from longTermDebt, last quarter)
Short Term Debt = 302.9m USD (from shortTermDebt, last quarter)
Debt = 3.93b USD (from shortLongTermDebtTotal, last quarter) + Leases 625.1m
Net Debt = 3.61b USD (calculated: Debt 3.93b - CCE 318.6m)
Enterprise Value = 9.09b USD (5.47b + Debt 3.93b - CCE 318.6m)
Interest Coverage Ratio = 4.18 (Ebit TTM 393.2m / Interest Expense TTM 94.0m)
EV/FCF = 27.53x (Enterprise Value 9.09b / FCF TTM 330.0m)
FCF Yield = 3.63% (FCF TTM 330.0m / Enterprise Value 9.09b)
FCF Margin = 5.48% (FCF TTM 330.0m / Revenue TTM 6.02b)
Net Margin = 1.81% (Net Income TTM 109.2m / Revenue TTM 6.02b)
Gross Margin = 27.01% ((Revenue TTM 6.02b - Cost of Revenue TTM 4.39b) / Revenue TTM)
Gross Margin QoQ = 40.39% (prev 29.54%)
Tobins Q-Ratio = 1.14 (Enterprise Value 9.09b / Total Assets 7.94b)
Interest Expense / Debt = 2.39% (Interest Expense 94.0m / Debt 3.93b)
Taxrate = 28.64% (86.2m / 301.1m)
NOPAT = 280.6m (EBIT 393.2m * (1 - 28.64%))
Current Ratio = 1.70 (Total Current Assets 1.63b / Total Current Liabilities 963.1m)
Debt / Equity = 2.55 (Debt 3.93b / totalStockholderEquity, last quarter 1.54b)
Debt / EBITDA = 5.44 (Net Debt 3.61b / EBITDA 664.8m)
Debt / FCF = 10.95 (Net Debt 3.61b / FCF TTM 330.0m)
Total Stockholder Equity = 1.51b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.52% (Net Income 109.2m / Total Assets 7.94b)
RoE = 7.23% (Net Income TTM 109.2m / Total Stockholder Equity 1.51b)
RoCE = 9.84% (EBIT 393.2m / Capital Employed (Equity 1.51b + L.T.Debt 2.49b))
RoIC = 3.67% (NOPAT 280.6m / Invested Capital 7.64b)
WACC = 5.85% (E(5.47b)/V(9.40b) * Re(8.83%) + D(3.93b)/V(9.40b) * Rd(2.39%) * (1-Tc(0.29)))
Discount Rate = 8.83% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -62.96 | Cagr: -12.67%
[DCF] Terminal Value 74.61% ; FCFF base≈338.2m ; Y1≈322.9m ; Y5≈309.2m
[DCF] Fair Price = 25.08 (EV 4.86b - Net Debt 3.61b = Equity 1.25b / Shares 49.8m; r=8.35% [WACC [floored]]; 5y FCF grow -5.88% → 2.50% )
EPS Correlation: 90.25 | EPS CAGR: 9.44% | SUE: 0.47 | # QB: 0
Revenue Correlation: 98.32 | Revenue CAGR: 14.29% | SUE: 0.26 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.96 | Chg30d=-2.63% | Revisions=-18% | Analysts=9
EPS current Year (2026-12-31): EPS=7.50 | Chg30d=+0.37% | Revisions=+7% | GrowthEPS=+14.0% | GrowthRev=+15.4%
EPS next Year (2027-12-31): EPS=8.52 | Chg30d=+1.05% | Revisions=+42% | GrowthEPS=+13.5% | GrowthRev=+8.6%
[Analyst] Revisions Ratio: +13% (up=16, down=12)