Colliers International Group (CIGI) AI Stock Analysis

• Market Cap: $11.11B
• Dividend Yield: 0.21%
• Average Volume (3M): 47.71K
• Price to Earnings (P/E): 71.8
• Beta (1Y): 1.27
• Revenue Growth: 22.85%
• EPS Growth: -25.32%
• Country: CA
• Employees: 23,000
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 2.31
• Shares Outstanding: 49,503,120
• 10 Day Avg. Volume: 38,221
• 30 Day Avg. Volume: 47,713
• PEG Ratio: 0.33
• Price to Book (P/B): 5.16
• Price to Sales (P/S): 1.42
• P/FCF Ratio: 26.20
• Enterprise Value/Market Cap: 1.21
• Enterprise Value/Revenue: 2.47
• Enterprise Value/Gross Profit: 6.18
• Enterprise Value/Ebitda: 21.56
• 1Y Price Target: $247.45
• Price Target Upside: 23.03% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: C$215.00 ▲(6.89% Upside)

Colliers International Group's overall stock score reflects strong earnings growth and strategic positioning in key segments, as highlighted in the earnings call. However, financial performance concerns, including declining net profit margins and increased leverage, along with bearish technical indicators and high valuation, weigh down the score.

Positive Factors

Revenue Growth

Strong revenue growth indicates effective market expansion and robust demand for services, supporting long-term business sustainability.

Engineering Segment Expansion

Expansion in the engineering segment demonstrates strategic growth and diversification, enhancing Colliers' competitive position.

Assets Under Management Growth

Growth in assets under management reflects strong investment management capabilities, ensuring steady fee-based income.

Negative Factors

Declining Net Profit Margins

Decreasing net profit margins indicate challenges in converting revenue into profit, potentially impacting long-term profitability.

Increased Leverage

Higher leverage increases financial risk and may limit future investment flexibility, affecting financial stability.

Negative Free Cash Flow Growth

Negative free cash flow growth suggests potential liquidity issues, limiting the company's ability to fund operations and growth.

Colliers International Group Business Overview & Revenue Model

Company 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.

How the Company Makes Money

Colliers International primarily generates revenue through its service-based model, which includes fees from leasing and sales transactions, property management services, and advisory engagements. Key revenue streams include commission income from leasing and sales, management fees from property management, and advisory fees for consultancy and valuation services. The company also benefits from strategic partnerships with other firms and financial institutions, enhancing its service offerings and market reach. Additionally, the growth of its investment management division, which involves managing client assets and funds, contributes to recurring revenue through management fees.

Colliers International Group Financial Statement Overview

Summary

Colliers International Group shows strong revenue growth and gross profit margins, indicating effective revenue generation and cost management. However, declining net profit margins, increased leverage, and negative free cash flow growth highlight potential profitability and financial stability challenges.

Income Statement

Colliers International Group shows a consistent revenue growth trend, with a 5.5% increase in the latest TTM period. The gross profit margin remains strong at 40.2%, indicating efficient cost management. However, the net profit margin has decreased to 2.2%, reflecting challenges in converting revenue into profit. EBIT and EBITDA margins are stable but slightly below industry averages, suggesting room for operational improvements.

Balance Sheet

The company's debt-to-equity ratio has increased to 1.68, indicating higher leverage, which could pose financial risk. Return on equity has decreased to 8.4%, showing reduced efficiency in generating returns for shareholders. The equity ratio is moderate, suggesting a balanced asset structure but highlighting the need for careful debt management.

Cash Flow

The free cash flow has turned negative, indicating potential liquidity challenges. The operating cash flow to net income ratio is low at 0.19, suggesting limited cash generation relative to net income. While the free cash flow to net income ratio is relatively healthy, the negative growth in free cash flow is a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.45B	4.82B	4.34B	4.46B	4.09B	2.79B
Gross Profit	2.18B	1.92B	1.74B	1.71B	1.57B	1.05B
EBITDA	625.91M	618.49M	509.39M	515.56M	24.87M	293.39M
Net Income	117.10M	161.72M	65.54M	194.54M	-237.56M	94.49M
Balance Sheet
Total Assets	6.81B	6.10B	5.48B	5.10B	3.87B	3.29B
Cash, Cash Equivalents and Short-Term Investments	212.45M	224.83M	204.66M	173.66M	396.75M	156.61M
Total Debt	2.50B	2.06B	2.14B	2.10B	1.30B	1.25B
Total Liabilities	4.09B	3.62B	3.56B	4.60B	2.75B	2.71B
Stockholders Equity	1.44B	1.32B	847.99M	493.37M	581.60M	586.11M
Cash Flow
Free Cash Flow	-101.52M	260.92M	81.14M	-650.00K	231.03M	126.13M
Operating Cash Flow	284.98M	326.01M	165.66M	67.03M	288.98M	166.48M
Investing Cash Flow	-399.18M	-783.10M	-133.98M	-872.84M	-49.41M	-113.46M
Financing Cash Flow	131.04M	452.21M	-7.81M	612.92M	18.60M	1.05M

Colliers International Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 201.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CIGI, the sentiment is Neutral. The current price of 201.14 is below the 20-day moving average (MA) of 202.60, below the 50-day MA of 213.26, and above the 200-day MA of 193.58, indicating a neutral trend. The MACD of -4.50 indicates Negative momentum. The RSI at 41.45 is Neutral, neither overbought nor oversold. The STOCH value of 68.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:CIGI.

Colliers International Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MEQ	74 Outperform	C$1.73B	5.63	19.75%	0.09%	14.29%	144.57%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
CIGI	63 Neutral	$11.11B	71.78	8.68%	0.21%	22.85%	-25.32%
FSV	60 Neutral	$10.00B	52.31	11.14%	0.70%	14.10%	28.82%
AIF	58 Neutral	C$2.43B	-39.93	3.63%	1.09%	-27.10%	-2415.77%
SVI	47 Neutral	C$1.76B	-501.04	-2.63%	0.24%	9.98%	93.01%
BRE	47 Neutral	$126.99M	-6.40	―	10.40%	58.15%	-235.04%

Colliers International Group Corporate Events

Colliers International Reports Strong Q3 2025 Results

Colliers International Group Inc. is a global diversified professional services and investment management company, operating through platforms in Real Estate Services, Engineering, and Investment Management, known for its enterprising culture and partnership philosophy.

Colliers International Reports Strong Q3 2025 Financial Results

On November 4, 2025, Colliers International Group Inc. announced its financial results for the third quarter ending September 30, 2025, reporting a 24% increase in consolidated revenues to $1.46 billion and a 24% rise in Adjusted EBITDA to $191.1 million compared to the previous year. The company highlighted strong performance across all segments, particularly in Engineering and Real Estate Services, driven by strategic acquisitions and organic growth. The results underscore Colliers’ momentum and its strategic positioning to capitalize on market opportunities, with expectations of continued growth as interest rates stabilize and investor confidence improves.

The most recent analyst rating on (TSE:CIGI) stock is a Buy with a C$195.00 price target. To see the full list of analyst forecasts on Colliers International Group stock, see the TSE:CIGI Stock Forecast page.

Colliers International Reports Q2 2025 Financial Results

Colliers International Group Inc. released its interim consolidated financial statements for the three-month and six-month periods ending June 30, 2025. The company reported an increase in revenues compared to the previous year, with revenues reaching $1.35 billion for the three months and $2.49 billion for the six months. Despite the revenue growth, net earnings attributable to the company decreased significantly, highlighting challenges in maintaining profitability. This financial performance could impact Colliers’ market positioning and stakeholder confidence.

The most recent analyst rating on (TSE:CIGI) stock is a Buy with a C$164.00 price target. To see the full list of analyst forecasts on Colliers International Group stock, see the TSE:CIGI Stock Forecast page.