Colliers International Group Inc. Subordinate Voting Shares (CIGI)

FairStock Score: 32/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Colliers as I would any real estate services business: it is people-intensive, cyclical, and competitive. The company does have scale—28,000 employees and an international footprint in capital markets, outsourcing, engineering, and investment management. But the latest reported quarter, 2026-Q2, shows revenue of $1.6B and net income of $28.5M, a 1.81% net margin. That is a thin cushion. FairStock's calculations at the 2026-10-13 close of $85.98 show a P/E of 40.75, P/B of 2.85, ROE of 7.84%, ROCE of 3.67%, and a D/E of 1.16. The Altman Z-Score of 0.96 suggests balance-sheet caution, though the Piotroski F-Score of 7/9 is respectable. Free cash flow is $225.1M, a 3.9% FCF yield, and EV/EBITDA is 13.23. The Graham Number is $37.87, leaving the price 127.04% above that conservative value. Growth figures are eye-catching—revenue growth 16.68% and profit growth 611.12%—but without a clearly named filed period in this data set, I treat them as potentially non-recurring, especially with a 1.81% quarterly margin. The 52-week range of $83.70 to $171.51 shows the market has already repriced it sharply. Colliers may be a decent operating business, but at this price the margin of safety is negative. I would want consistent returns on capital, lower leverage, and durable cash flow before calling it a value opportunity.

In plain English: Colliers International Group helps clients buy, sell, finance, manage, and maintain commercial property, and it also provides engineering and investment services. In the latest reported quarter, 2026-Q2, it earned $28.5M on $1.6B of revenue, a thin profit margin. At the 2026-10-13 close of $85.98, the shares look expensive relative to the company's earnings and accounting value, and the business does not appear clearly cheap.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer