Colliers International Group Inc.

NasdaqGS:CIGI Stock Report

Market Cap: US$7.4b

Colliers International Group Valuation

Is CIGI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CIGI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CIGI ($145.73) is trading above our estimate of fair value ($95.47)

Significantly Below Fair Value: CIGI is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CIGI?

Key metric: As CIGI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CIGI. This is calculated by dividing CIGI's market cap by their current earnings.
What is CIGI's PE Ratio?
PE Ratio47.7x
EarningsUS$154.04m
Market CapUS$7.35b

Price to Earnings Ratio vs Peers

How does CIGI's PE Ratio compare to its peers?

The above table shows the PE ratio for CIGI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38.5x
JLL Jones Lang LaSalle
26.1x17.7%US$12.5b
CWK Cushman & Wakefield
37.6x24.8%US$3.3b
NMRK Newmark Group
49.6x31.6%US$3.7b
BEKE KE Holdings
40.5x20.3%US$23.3b
CIGI Colliers International Group
47.7x14.9%US$10.3b

Price-To-Earnings vs Peers: CIGI is expensive based on its Price-To-Earnings Ratio (47.7x) compared to the peer average (38.5x).

Price to Earnings Ratio vs Industry

How does CIGI's PE Ratio compare vs other companies in the US Real Estate Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
STHO Star Holdings
1.8xn/aUS$149.31m
STSR Strategic Student & Senior Housing Trust
2.5xn/aUS$41.31m
XIN Xinyuan Real Estate
0.4xn/aUS$18.75m
ILAL International Land Alliance
0.8xn/aUS$7.83m
CIGI 47.7xIndustry Avg. 32.7xNo. of Companies6PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CIGI is expensive based on its Price-To-Earnings Ratio (47.7x) compared to the US Real Estate industry average (32.7x).

Price to Earnings Ratio vs Fair Ratio

What is CIGI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CIGI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio47.7x
Fair PE Ratio29.2x

Price-To-Earnings vs Fair Ratio: CIGI is expensive based on its Price-To-Earnings Ratio (47.7x) compared to the estimated Fair Price-To-Earnings Ratio (29.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CIGI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$145.73
US$140.78
-3.4%
35.9%US$180.00US$54.33n/a4
Nov ’25US$151.94
US$121.48
-20.0%
39.2%US$160.00US$54.33n/a3
Oct ’25US$152.08
US$121.48
-20.1%
39.2%US$160.00US$54.33n/a3
Sep ’25US$144.26
US$121.48
-15.8%
39.2%US$160.00US$54.33n/a3
Aug ’25US$140.30
US$107.01
-23.7%
40.3%US$160.00US$54.33n/a3
Jul ’25US$107.14
US$102.01
-4.8%
36.4%US$145.00US$54.33n/a3
Jun ’25US$112.16
US$94.01
-16.2%
30.5%US$121.00US$54.33n/a3
May ’25US$104.68
US$97.07
-7.3%
31.2%US$121.00US$54.33n/a3
Apr ’25US$119.31
US$118.43
-0.7%
2.2%US$121.00US$115.87n/a2
Mar ’25US$117.74
US$118.43
+0.6%
2.2%US$121.00US$115.87n/a2
Feb ’25US$118.91
US$108.78
-8.5%
11.2%US$121.00US$96.55n/a2
Jan ’25US$126.52
US$112.78
-10.9%
10.2%US$121.00US$96.55n/a3
Dec ’24US$106.32
US$112.78
+6.1%
10.2%US$121.00US$96.55n/a3
Nov ’24US$92.69
US$120.65
+30.2%
0.02%US$120.67US$120.63US$151.942
Nov ’23US$90.49
US$134.86
+49.0%
4.8%US$141.36US$128.35US$92.692

Analyst Forecast: Target price is lower than the current share price.

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