
Colliers International Group Inc. (CIGI)
ValueMarkers Composite Index
18% below intrinsic value ($135)
Colliers International Group Inc. (CIGI) — VMCI valuation read
Colliers International Group Inc. sits at VMCI 55/100, with the Real Estate sector median at 50. That 5-point spread is the first thing to note on CIGI: it tells the reader the composite is favorable before any single ratio is examined, and the mid-cap tier sets the comparison set.
Form 4 disclosures on CIGI are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.
**Investor frame.** The Value read on CIGI: CIGI trades at 26.0x earnings, 44% above the Real Estate median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 16.0% sits 6.0pp above the Real Estate median (10.0%). The Risk read: net debt to EBITDA of -2.0x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.
CIGI fell 3.7% over the trailing 7 days, with a -7.9% read on a 30-day basis.
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.
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