COLLIERS INTERNATIONAL GROUP INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 147.6 CAD | +0.48% |
|
+1.19% | -11.93% |
| Apr. 22 | Colliers International Group Maintained at Buy at Stifel GMP Ahead of Q1 Results; Price Target Kept at US$145.00 | MT |
| Apr. 10 | Colliers International Group Acquires Affiliate In Philadelphia | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,094 | 3,562 | 6,560 | 3,937 | 5,978 | 5,416 | - |
| Enterprise Value (EV) 1 | 3,094 | 4,327 | 6,560 | 5,203 | 7,558 | 6,192 | 5,416 |
| P/E ratio | 30.3 x | 71.1 x | -16.4 x | 87.4 x | 89.7 x | 44.4 x | 29 x |
| Yield | 0.13% | 0.11% | - | 0.33% | 0.24% | 0.28% | 0.28% |
| Capitalization / Revenue | 1.02 x | 1.28 x | 1.6 x | 0.88 x | 1.38 x | 1.18 x | 1.09 x |
| EV / Revenue | 1.02 x | 1.55 x | 1.6 x | 1.17 x | 1.74 x | 1.35 x | 1.09 x |
| EV / EBITDA | 8.61 x | 12 x | 12.1 x | 8.25 x | 12.7 x | 9.51 x | 7.34 x |
| EV / FCF | 11.6 x | 34.3 x | 28.4 x | 14.6 x | 59 x | 16.7 x | 13.1 x |
| FCF Yield | 8.61% | 2.91% | 3.52% | 6.85% | 1.69% | 6% | 7.61% |
| Price to Book | - | - | - | 8.04 x | 6.88 x | 4.11 x | 3.56 x |
| Nbr of stocks (in thousands) | 39,785 | 40,049 | 44,028 | 42,923 | 47,288 | 50,231 | - |
| Reference price 2 | 77.78 | 88.94 | 149.0 | 91.73 | 126.4 | 107.8 | 107.8 |
| Announcement Date | 2/12/20 | 2/11/21 | 2/10/22 | 2/9/23 | 2/8/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,046 | 2,787 | 4,089 | 4,459 | 4,335 | 4,597 | 4,952 |
| EBITDA 1 | 359.5 | 361.4 | 544.3 | 630.5 | 595 | 651.2 | 737.6 |
| EBIT 1 | 218.2 | 164.6 | -131.5 | 332.5 | 300.9 | 407.5 | 500.9 |
| Operating Margin | 7.16% | 5.91% | -3.22% | 7.46% | 6.94% | 8.86% | 10.11% |
| Earnings before Tax (EBT) 1 | 190.6 | 136.5 | -152 | 289.6 | 212.8 | 303.8 | 413.7 |
| Net income 1 | 102.9 | 49.07 | -390.3 | 46.25 | 65.54 | 115 | 166.8 |
| Net margin | 3.38% | 1.76% | -9.55% | 1.04% | 1.51% | 2.5% | 3.37% |
| EPS 2 | 2.570 | 1.250 | -9.090 | 1.050 | 1.410 | 2.430 | 3.720 |
| Free Cash Flow 1 | 266.6 | 126.1 | 231 | 356.6 | 128 | 371.6 | 412.1 |
| FCF margin | 8.75% | 4.53% | 5.65% | 8% | 2.95% | 8.08% | 8.32% |
| FCF Conversion (EBITDA) | 74.15% | 34.89% | 42.44% | 56.55% | 21.52% | 57.07% | 55.86% |
| FCF Conversion (Net income) | 259.04% | 257.01% | - | 770.93% | 195.37% | 323.18% | 247.08% |
| Dividend per Share 2 | 0.1000 | 0.1000 | - | 0.3000 | 0.3000 | 0.3000 | 0.3000 |
| Announcement Date | 2/12/20 | 2/11/21 | 2/10/22 | 2/9/23 | 2/8/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,023 | 1,345 | 1,001 | 1,128 | 1,108 | 1,222 | 965.9 | 1,078 | 1,056 | 1,235 | 991.4 | 1,111 | 1,144 | 1,344 | - |
| EBITDA 1 | 123.6 | 192 | 121.5 | 161.3 | 145.1 | 202.7 | 104.6 | 147.1 | 144.9 | 198.4 | 110.3 | 150.6 | 164.6 | 222 | 127.8 |
| EBIT 1 | 75.97 | 138.4 | 40.83 | 103.8 | 84.03 | 103.8 | 22.14 | 75.26 | 70.9 | 132.6 | 45.77 | 82.44 | 105.6 | 159.5 | - |
| Operating Margin | 7.43% | 10.28% | 4.08% | 9.21% | 7.58% | 8.49% | 2.29% | 6.98% | 6.71% | 10.74% | 4.62% | 7.42% | 9.23% | 11.87% | - |
| Earnings before Tax (EBT) 1 | 69.27 | 136.8 | 37.64 | 95.34 | 69.62 | 86.95 | 2.632 | 51.48 | 47.47 | 111.2 | 21.56 | 61.3 | 79.63 | 141 | - |
| Net income 1 | 18 | 43.29 | -18.64 | 30.36 | 12.03 | 22.5 | -20.15 | -6.851 | 25.11 | 67.43 | 5.9 | 22.04 | 31.93 | 64.11 | - |
| Net margin | 1.76% | 3.22% | -1.86% | 2.69% | 1.09% | 1.84% | -2.09% | -0.64% | 2.38% | 5.46% | 0.6% | 1.98% | 2.79% | 4.77% | - |
| EPS 2 | 0.4000 | 0.9200 | -0.4200 | 0.6700 | 0.2700 | 0.5100 | -0.4700 | -0.1500 | 0.5300 | 1.420 | 0.0300 | 0.4500 | 0.6500 | 1.295 | - |
| Dividend per Share | - | - | - | - | - | - | 0.1500 | - | 0.1500 | - | - | - | - | - | - |
| Announcement Date | 11/2/21 | 2/10/22 | 5/3/22 | 8/3/22 | 11/1/22 | 2/9/23 | 5/2/23 | 8/2/23 | 11/2/23 | 2/8/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 765 | - | 1,265 | 1,580 | 776 | - |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 2.117 x | - | 2.007 x | 2.656 x | 1.192 x | - |
| Free Cash Flow 1 | 267 | 126 | 231 | 357 | 128 | 372 | 412 |
| ROE (net income / shareholders' equity) | 41% | - | 50.5% | 62.1% | 38% | 27% | 25.2% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - |
| Book Value Per Share 2 | - | - | - | 11.40 | 18.40 | 26.20 | 30.30 |
| Cash Flow per Share 2 | 7.080 | 5.780 | 6.730 | 10.40 | 9.030 | 8.630 | 10.30 |
| Capex 1 | 44.2 | 40.4 | 58 | 67.7 | 84.5 | 79 | 83.8 |
| Capex / Sales | 1.45% | 1.45% | 1.42% | 1.52% | 1.95% | 1.72% | 1.69% |
| Announcement Date | 2/12/20 | 2/11/21 | 2/10/22 | 2/9/23 | 2/8/24 | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
107.8
USD
Average target price
99.17
USD
Spread / Average Target
-8.03%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -11.93% | 5.42B | |
| -6.19% | 26.35B | |
| -8.51% | 18.19B | |
| -23.96% | 10.28B | |
| -16.46% | 9.84B | |
| -3.37% | 8.67B | |
| -4.57% | 6.73B | |
| +34.32% | 4.39B | |
| -10.00% | 2.23B | |
| -21.84% | 1.92B |
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- Financials Colliers International Group Inc.
