Colliers International Group Inc. (NASDAQ:CIGI)

Colliers International Group Inc. CIGI

Real Estate - Real Estate - Services - NASDAQ - CA

Watchlist

$ 144.55

-1.39 %

$ 7.1 B

Market Cap

45.46

P/E

1. INTRINSIC VALUE

Colliers International Group Inc. provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers sales brokerage services, including real estate sales, debt origination and placement, equity capital raising, market value opinions, acquisition advisory, and transaction management services; and landlord and tenant representation services. The company provides outsourcing and advisory services, such as corporate and workplace solutions; valuation and advisory services; workplace strategy services; loan servicing; property marketing; research services; and engineering design services for property and building, infrastructure, transportation, environmental and telecommunications end-markets.[ Read More ]

The intrinsic value of one CIGI stock under the base case scenario is HIDDEN Compared to the current market price of 145 USD, Colliers International Group Inc. is HIDDEN

CIGI Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart CIGI

FINANCIALS

Annual
Quarterly

4.41 B REVENUE

Growth Rates

1Year -1.01%

3Years 16.57%

5Years 9.34%

7Years 12.83%

10Years 6.54%

301 M OPERATING INCOME

Growth Rates

1Year -9.49%

3Years 22.28%

5Years 8.36%

7Years 10.87%

10Years 12.80%

145 M NET INCOME

Growth Rates

1Year -25.63%

3Years 15.26%

5Years 2.39%

7Years 6.75%

10Years 13.26%

169 M OPERATING CASH FLOW

Growth Rates

1Year 151.67%

3Years 0.44%

5Years -8.11%

7Years 1.10%

10Years 3.79%

-170 M INVESTING CASH FLOW

Growth Rates

1Year 80.56%

3Years -14.36%

5Years 23.03%

7Years -3.47%

10Years -20.05%

-7.81 M FINANCING CASH FLOW

Growth Rates

1Year -1.27%

3Years -103.61%

5Years -0.39%

7Years 8.78%

10Years 16.64%

1.19 B REVENUE

Growth Rates

1Year -1.01%

3Years 16.57%

5Years 9.34%

7Years 12.83%

10Years 6.54%

110 M OPERATING INCOME

Growth Rates

1Year -9.49%

3Years 22.28%

5Years 8.36%

7Years 10.87%

10Years 12.80%

37.5 M NET INCOME

Growth Rates

1Year -25.63%

3Years 15.26%

5Years 2.39%

7Years 6.75%

10Years 13.26%

104 M OPERATING CASH FLOW

Growth Rates

1Year 151.67%

3Years 0.44%

5Years -8.11%

7Years 1.10%

10Years 3.79%

-507 M INVESTING CASH FLOW

Growth Rates

1Year 80.56%

3Years -14.36%

5Years 23.03%

7Years -3.47%

10Years -20.05%

409 M FINANCING CASH FLOW

Growth Rates

1Year -1.27%

3Years -103.61%

5Years -0.39%

7Years 8.78%

10Years 16.64%

Balance Sheet Decomposition Colliers International Group Inc.

5.45 B ASSETS
3.54 B LIABILITIES

Current Assets	1.47 B
Cash & Short-Term Investments	219 M
Receivables	727 M
Other Current Assets	529 M
Non-Current Assets	4.01 B
Long-Term Investments	52.5 M
PP&E	590 M
Other Non-Current Assets	3.36 B

Current Liabilities	1.44 B
Accounts Payable	525 M
Short-Term Debt	271 M
Other Current Liabilities	645 M
Non-Current Liabilities	2.12 B
Long-Term Debt	1.88 B
Other Non-Current Liabilities	241 M

EFFICIENCY

Earnings Waterfall Colliers International Group Inc.

Revenue	4.41 B
Cost Of Revenue	2.85 B
Gross Profit	1.56 B
Operating Expenses	1.44 B
Operating Income	301 M
Other Expenses	156 M
Net Income	145 M

RATIOS

35.43% GROSS MARGIN

Averages

1Year 35.43%

3Years 37.38%

5Years 37.07%

7Years 36.90%

10Years 37.11%

6.82% OPERATING MARGIN

Averages

1Year 6.82%

3Years 4.27%

5Years 5.18%

7Years 5.76%

10Years 5.77%

1.48% NET MARGIN

Averages

1Year 1.48%

3Years 0.01%

5Years 1.59%

7Years 1.94%

10Years 2.01%

7.75% ROE

Averages

1Year 7.75%

3Years 2.20%

5Years 9.86%

7Years 13.04%

10Years 15.74%

1.20% ROA

Averages

1Year 1.20%

3Years -0.37%

5Years 1.30%

7Years 2.01%

10Years 2.45%

8.11% ROIC

Averages

1Year 8.11%

3Years 4.06%

5Years 6.74%

7Years 9.35%

10Years 11.01%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Colliers International Group Inc.

Net Income	145 M
Depreciation & Amortization	203 M
Capital Expenditures	-86.1 M
Stock-Based Compensation	27.1 M
Change in Working Capital	-130 M
Others	-249 M
Free Cash Flow	82.6 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Colliers International Group Inc.

Wall Street analysts predict an average 1-year price target for CIGI of $152 , with forecasts ranging from a low of $135 to a high of $174 .

CIGI Lowest Price Target Wall Street Target

135 USD -6.61%

CIGI Average Price Target Wall Street Target

152 USD 4.81%

CIGI Highest Price Target Wall Street Target

174 USD 20.37%

4. DIVIDEND ANALYSIS

0.10% DIVIDEND YIELD

0.15 USD DIVIDEND PER SHARE

5. COMPETITION

FRP Holdings, Inc. engages in the real estate businesses in the United States. The company operates through four segments: Asset Management, Mining Royalty Lands, Development, and Stabilized Joint Venture.

65.6 USD

FRPH

Undervalued 110.41%

Marcus & Millichap, Inc., an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada.

8.12 USD

MMI

Overvalued 80.01%

Maui Land & Pineapple Company, Inc., together with its subsidiaries, develops, manages, and sells residential, resort, commercial, agricultural, and industrial real estate properties in the United States.

3.01 USD

MLP

Overvalued 86.85%

Jones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in Americas, Europe, the Middle East, Africa, and the Asia Pacific.

171 USD

JLL

Overvalued 34.52%

Newmark Group, Inc. provides commercial real estate services in the United States and internationally. The company's investor/owner services and products include capital markets, such as investment, debt and structured finance, and loan sales; agency leasing, property management, and valuation and advisory; and commercial real estate due diligence consulting and advisory services, as well as government sponsored enterprise lending, loan servicing, mortgage broking, and equity-raising services.

3.22 USD

NMRK

Overvalued 78.72%

CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through three segments: Advisory Services, Global Workplace Solutions, and Real Estate Investments segments.

72.4 USD

CBRE

Overvalued 44.44%

Cushman & Wakefield plc, together with its subsidiaries, provides commercial real estate services under the Cushman & Wakefield brand in the United States, Australia, the United Kingdom, and internationally.

2.62 USD

CWK

Overvalued 81.11%

CoStar Group, Inc. provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America.

68 USD

CSGP

Overvalued 4.63%

Transcontinental Realty Investors, Inc., a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including apartments, office buildings, shopping centers, and developed and undeveloped land.

-0.143 USD

TCI

Overvalued 100.52%

Anywhere Real Estate Inc., through its subsidiaries, provides residential real estate services. It operates through three segments: Realogy Franchise Group, and Realogy Brokerage Group.

69.3 USD

HOUS

Undervalued 1646.63%

RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally.

0.0397 USD

RMAX

Overvalued 99.64%

6. Ownership

Insider Ownership Colliers International Group Inc.

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
3 years ago May 19, 2021	Sell 154 M USD	Spruce House Partnership LLC 10 percent owner	- 1500000	102.63 USD
4 years ago Mar 20, 2020	Sell 12.1 M USD	Spruce House Partnership LLC 10 percent owner	- 260100	46.47 USD
4 years ago Dec 09, 2019	Bought 73.7 USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 1	73.74 USD
7 years ago Feb 14, 2017	Bought 2.49 M USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 65100	38.28 USD
7 years ago Feb 09, 2017	Bought 2.02 M USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 52723	38.28 USD
8 years ago Nov 03, 2016	Bought 896 K USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 25000	35.86 USD
8 years ago Nov 03, 2016	Bought 791 K USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 22076	35.85 USD
8 years ago Nov 02, 2016	Bought 1.65 M USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 46054	35.87 USD
8 years ago Nov 02, 2016	Bought 1.34 M USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 37300	35.88 USD
8 years ago Nov 01, 2016	Bought 7.59 M USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 212481	35.72 USD
8 years ago Nov 01, 2016	Bought 5.72 M USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 162000	35.33 USD
8 years ago Oct 31, 2016	Bought 1.04 M USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 30000	34.65 USD
8 years ago Oct 28, 2016	Bought 9 M USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 250000	36.02 USD
8 years ago Oct 28, 2016	Bought 9.92 M USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 278500	35.61 USD
8 years ago Oct 27, 2016	Bought 16.8 M USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 417857	40.19 USD
8 years ago Oct 04, 2016	Bought 811 K USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 19400	41.8 USD
8 years ago Oct 04, 2016	Bought 4.82 M USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 114400	42.09 USD
8 years ago Sep 15, 2016	Bought 4.99 M USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 120000	41.62 USD
8 years ago Jul 08, 2016	Bought 8.04 M USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 231900	34.66 USD
8 years ago Jul 07, 2016	Bought 492 K USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 14388	34.17 USD
8 years ago Jul 07, 2016	Bought 685 K USD	SPRUCE HOUSE PARTNERSHIP LP 10 percent owner	+ 20000	34.24 USD
20 years ago Aug 31, 2004	Bought 190 K USD	Emas Joseph I Director	+ 200000	0.95 USD

7. News

Jeroen Lokerse appointed CEO of Colliers Netherlands AMSTERDAM, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Leading global diversified professional services company Colliers announced the appointment of Jeroen Lokerse as CEO of the Netherlands. Lokerse will be responsible for accelerating the strategic direction and sustained growth of the Dutch business while enhancing the opportunities available to our people within the Netherlands. globenewswire.com - 5 days ago

Colliers International Group Inc. (CIGI) Q3 2024 Earnings Call Transcript Colliers International Group Inc. (NASDAQ:CIGI ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Jay Hennick - Global Chairman and CEO Christian Mayer - CFO Chris McLernon - CEO, Real Estate Services Conference Call Participants Stephen Sheldon - William Blair Jimmy Shan - RBC Capital Markets Himanshu Gupta - Scotia Capital Daryl Young - Stifel Frederic Bastien - Raymond James Operator Welcome to the Colliers International Third Quarter Investors Conference Call. Today's call is being recorded. seekingalpha.com - 1 week ago

Colliers International (CIGI) Lags Q3 Earnings Estimates Colliers International (CIGI) came out with quarterly earnings of $1.32 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.19 per share a year ago. zacks.com - 1 week ago

Colliers Reports Third Quarter Results Solid growth across all service lines and segments Re-aligned operating segments to better reflect value and growth Third quarter and year to date operating highlights: Three months ended Nine months ended September 30 September 30 (in millions of US$, except EPS) 2024 2023 2024 2023 Revenues $ 1,179.1 $ 1,056.0 $ 3,320.4 $ 3,100.0 Adjusted EBITDA (note 1) 154.6 144.9 419.0 396.6 Adjusted EPS (note 2) 1.32 1.19 3.46 3.36 GAAP operating earnings 109.7 70.9 267.8 168.3 GAAP diluted net earnings (loss) per share 0.73 0.53 1.73 (0.04 ) TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ and TSX: CIGI) (“Colliers” or the “Company”) today announced operating and financial results for the third quarter ended September 30, 2024. All amounts are in US dollars. globenewswire.com - 1 week ago

Colliers International (CIGI) Earnings Expected to Grow: Should You Buy? Colliers International (CIGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago

Colliers International (CIGI) Moves 4.8% Higher: Will This Strength Last? Colliers International (CIGI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road. zacks.com - 3 weeks ago

Colliers adds leading Australian engineering firm TORONTO and SYDNEY, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that Colliers Engineering & Design Australia (“Colliers Engineering”) has acquired TTM Group Pty Limited (“TTM”), a leading transportation engineering consultancy headquartered in Brisbane, Queensland. The addition will augment Colliers Engineering's overall scale and add new traffic and transportation capabilities across Queensland, New South Wales, and Victoria. globenewswire.com - 1 month ago

Colliers to announce third quarter results on November 5, 2024 TORONTO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX & NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that results for the third quarter ended September 30, 2024, will be issued by press release on November 5, 2024, at approximately 7:00am ET. globenewswire.com - 1 month ago

Colliers expands engineering offering in Canada TORONTO and OTTAWA, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that its Canadian engineering platform, Englobe Corporation (“Englobe”), has acquired Goodkey, Weedmark & Associates Limited (“GWAL”), a leading building engineering consulting firm in Ontario. The addition will strengthen Englobe's scale and service capabilities in Canada's largest market. globenewswire.com - 1 month ago

Colliers extends contract with Global Chairman & CEO Largest shareholder to propel growth and maximize shareholder value through 2029 Largest shareholder to propel growth and maximize shareholder value through 2029 globenewswire.com - 1 month ago

All You Need to Know About Colliers International (CIGI) Rating Upgrade to Buy Colliers International (CIGI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). zacks.com - 2 months ago

Colliers to acquire leading Western Australian engineering firm Acquisition expands geographic presence, scale and service capabilities Acquisition expands geographic presence, scale and service capabilities globenewswire.com - 2 months ago

8. Profile Summary

Colliers International Group Inc. CIGI

COUNTRY CA

INDUSTRY Real Estate - Services

MARKET CAP $ 7.1 B

Dividend Yield 0.10%

Description Colliers International Group Inc. provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers sales brokerage services, including real estate sales, debt origination and placement, equity capital raising, market value opinions, acquisition advisory, and transaction management services; and landlord and tenant representation services. The company provides outsourcing and advisory services, such as corporate and workplace solutions; valuation and advisory services; workplace strategy services; loan servicing; property marketing; research services; and engineering design services for property and building, infrastructure, transportation, environmental and telecommunications end-markets. It also offers property management services comprising building operations and maintenance, facilities management, lease administration, property accounting and financial reporting, contract management and, construction management; and 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. In addition, the company provides investment management services that consists of asset management advisory and administration, transaction, and incentive services. The company was founded in 1972 and is headquartered in Toronto, Canada.

Contact 1140 Bay Street, Toronto, ON, M5S 2B4 https://www.colliers.com

IPO Date Jan. 20, 1995

Employees 22000

Officers Mr. Christian Mayer Chief Financial Officer Mr. Zachary Michaud Co-Chief Investment Officer Ms. Rebecca Finley Chief Brand & People Officer Mr. Matthew Hawkins Vice President of Legal Counsel & Corporate Secretary Charlotte Williams Head of Public Relations Mr. David Bowden Chief Executive Officer of Colliers Real Estate Strategy & Consulting Mr. Christopher Ross McLernon BA Chief Executive Officer of Real Estate Services Global Mr. Jay Stewart Hennick CM Global Chairman & Chief Executive Officer Mr. Elias Mulamoottil Co-Chief Investment Officer Mr. Robert D. Hemming CGA, CPA Senior Vice President & Chief Accounting Officer

Price Chart CIGI

Colliers International Group Inc. CIGI

Premium Plan

Unlimited Plan