Altus Group Limited provides software, data solutions, and independent advisory services to the commercial real estate (CRE) industry in Canada, the United States, Europe, and the Asia Pacific.
Excellent balance sheet with moderate growth potential.
Share Price & News
How has Altus Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASGT.F has not had significant price volatility in the past 3 months.
7 Day Return
US Real Estate
1 Year Return
US Real Estate
Return vs Industry: ASGT.F exceeded the US Real Estate industry which returned -30.9% over the past year.
Return vs Market: ASGT.F exceeded the US Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is Altus Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Altus Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASGT.F ($31.23) is trading below our estimate of fair value ($32.13)
Significantly Below Fair Value: ASGT.F is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ASGT.F is poor value based on its PE Ratio (79x) compared to the Real Estate industry average (15.8x).
PE vs Market: ASGT.F is poor value based on its PE Ratio (79x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: ASGT.F is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: ASGT.F is overvalued based on its PB Ratio (4x) compared to the US Real Estate industry average (1.1x).
How is Altus Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASGT.F's forecast earnings growth (46.5% per year) is above the savings rate (1.7%).
Earnings vs Market: ASGT.F's earnings (46.5% per year) are forecast to grow faster than the US market (12.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ASGT.F's revenue (5.7% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: ASGT.F's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASGT.F's Return on Equity is forecast to be low in 3 years time (17.2%).
How has Altus Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASGT.F has a large one-off loss of CA$9.6M impacting its December 31 2019 financial results.
Growing Profit Margin: ASGT.F became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ASGT.F's earnings have declined by -0.2% per year over the past 5 years.
Accelerating Growth: ASGT.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ASGT.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (10.6%).
Return on Equity
High ROE: ASGT.F's Return on Equity (5.1%) is considered low.
How is Altus Group's financial position?
Financial Position Analysis
Short Term Liabilities: ASGT.F's short term assets (CA$246.1M) do not cover its short term liabilities (CA$283.6M).
Long Term Liabilities: ASGT.F's short term assets (CA$246.1M) exceed its long term liabilities (CA$91.9M).
Debt to Equity History and Analysis
Debt Level: ASGT.F's debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: ASGT.F's debt to equity ratio has reduced from 62.4% to 38.4% over the past 5 years.
Debt Coverage: ASGT.F's debt is well covered by operating cash flow (37.9%).
Interest Coverage: ASGT.F's interest payments on its debt are well covered by EBIT (5x coverage).
Inventory Level: ASGT.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: ASGT.F's debt is covered by short term assets (assets are 1.8x debt).
What is Altus Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASGT.F's dividend (1.65%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: ASGT.F's dividend (1.65%) is low compared to the top 25% of dividend payers in the US market (5.4%).
Stability and Growth of Payments
Stable Dividend: ASGT.F's dividends per share have been stable in the past 10 years.
Growing Dividend: ASGT.F's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (130.1%), ASGT.F's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ASGT.F's dividends in 3 years are forecast to be well covered by earnings (32.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Courteau (63yo)
Mr. Robert G. Courteau, also known as Bob, has been the Chief Executive Officer of Altus Group Limited since September 24, 2012. Mr. Courteau has been the President of Altus Analytics Solutions at Altus Gr ...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD2.74M) is about average for companies of similar size in the US market ($USD3.17M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
|CEO & Director||7.42yrs||CA$3.87m||0.41% CA$4.2m|
|Chief Financial Officer||9.83yrs||CA$1.01m||0.061% CA$627.4k|
|Chief Information Officer||no data||no data||0.0074% CA$75.6k|
|Vice President of Investor Relations||no data||no data||no data|
|General Counsel & Corporate Secretary||8.42yrs||no data||0.054% CA$557.4k|
|Vice President of Global Marketing & Communications||no data||no data||no data|
|Global Head of Sales||2.17yrs||no data||no data|
|Chief Human Resources Officer||3yrs||no data||no data|
|Head of Performance Analytics & Senior VP of Analytics Advisory Business Unit||3.42yrs||no data||no data|
|Senior Vice President of Product Management||no data||no data||no data|
Experienced Management: ASGT.F's management team is seasoned and experienced (5.4 years average tenure).
|CEO & Director||7.42yrs||CA$3.87m||0.41% CA$4.2m|
|Independent Director||0.83yr||CA$122.16k||no data|
|Independent Chairman||4.83yrs||CA$292.64k||0.021% CA$212.8k|
|Independent Director||7.67yrs||CA$93.86k||no data|
|Independent Director||3.67yrs||CA$102.65k||no data|
|Independent Director||4.83yrs||CA$67.07k||no data|
|Independent Director||7.67yrs||CA$141.55k||0.0025% CA$25.8k|
|Independent Director||0.83yr||CA$83.97k||no data|
Experienced Board: ASGT.F's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ASGT.F insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Altus Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Altus Group Limited
- Ticker: ASGT.F
- Exchange: OTCPK
- Industry: Real Estate Services
- Sector: Real Estate
- Market Cap: CA$1.452b
- Listing Market Cap: CA$1.027b
- Shares outstanding: 39.84m
- Website: https://www.altusgroup.com
Number of Employees
- Altus Group Limited
- 33 Yonge Street
- Suite 500
- M5E 1G4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AIF||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||May 2005|
|ASGT.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||May 2005|
|53U||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 2005|
Altus Group Limited provides software, data solutions, and independent advisory services to the commercial real estate (CRE) industry in Canada, the United States, Europe, and the Asia Pacific. It operates in three segments: Altus Analytics, Commercial Real Estate Consulting (CRE Consulting), and Geomatics. The Altus Analytics segment offers ARGUS Enterprise (AE), a software for CRE valuation and portfolio management; ARGUS Developer and ARGUS EstateMaster software for development feasibility analysis; ARGUS API, an application programming interface; ARGUS Voyanta, a cloud-based data management solution; ARGUS Taliance, a cloud-based fund solution for alternative investment firms; and ARGUS Acquire, a cloud-based deal management solution for CRE acquisitions. It also offers data subscription products that provide real estate information on the residential, office, industrial, and investment markets; advisory and managed services; and technology-related services. This segment serves large owners, managers, and investors of CRE asset and funds; service providers; brokers; and developers. The CRE Consulting segment offers real estate property tax services, including assessment reviews, management, and appeals, as well as personal property, and state and local tax advisory services; valuation services, such as appraisals of real estate portfolios and valuation of properties, as well as due diligence, and litigation and economic consulting services; and construction feasibility study, budgeting, cost and loan monitoring, and project management services to owner operators, developers, financial institutions, and CRE asset holders and investors. The Geomatics segment offers various services, including land surveys and mapping to the oil and gas exploration and development sector for setting of property boundaries, route and corridor selection, land settlement, construction developments, and oil field and well-sites. The company is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 03:35|
|End of Day Share Price||2020/03/09 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.