Altus Group (OTCPK:ASGT.F) - Stock Price, News & Analysis

ASGT.F Stock Overview

Altus Group Limited provides asset and funds intelligence solutions for commercial real estate (CRE).

ASGT.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	2/6
Financial Health	2/6
Dividends	2/6

Rewards

Trading at 48.8% below our estimate of its fair value

Earnings are forecast to grow 72.85% per year

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Shares are highly illiquid

Significant insider selling over the past 3 months

Large one-off items impacting financial results

Altus Group Limited Competitors

Compass

NYSE:COMP

US$1.7b

eXp World Holdings

NasdaqGM:EXPI

US$1.5b

Cushman & Wakefield

NYSE:CWK

US$2.2b

Newmark Group

NasdaqGS:NMRK

US$2.3b

Price History & Performance

Summary of all time highs, changes and price drops for Altus Group
Historical stock prices
Current Share Price	CA$37.93
52 Week High	CA$40.47
52 Week Low	CA$28.50
Beta	0.78
1 Month Change	3.48%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	-23.32%
5 Year Change	93.15%
Change since IPO	379.46%

Recent updates

Shareholder Returns

	ASGT.F	US Real Estate	US Market
7D	-1.0%	-6.9%	-3.7%
1Y	n/a	5.9%	20.5%

Return vs Industry: Insufficient data to determine how ASGT.F performed against the US Real Estate industry.

Return vs Market: Insufficient data to determine how ASGT.F performed against the US Market.

Price Volatility

Is ASGT.F's price volatile compared to industry and market?
ASGT.F volatility
ASGT.F Average Weekly Movement	n/a
Real Estate Industry Average Movement	6.0%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.4%
10% least volatile stocks in US Market	3.0%

Stable Share Price: ASGT.F has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine ASGT.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2005	3,000	Jim Hannon	www.altusgroup.com

Altus Group Limited provides asset and funds intelligence solutions for commercial real estate (CRE). The company operates through Analytics, Property Tax, and Appraisals and Development Advisory segments. The Analytics segment portfolio includes software, data analytics, market data, and consulting services; CRE asset and fund management services; ARGUS-branded, finance active-branded debt management, and valuation management solutions; technology consulting services, such as strategic advisory for front-to-back-office strategies, processes, and technology; and software services related to education, training, and implementation.

Altus Group Limited Fundamentals Summary

How do Altus Group's earnings and revenue compare to its market cap?
ASGT.F fundamental statistics
Market cap	US$1.72b
Earnings (TTM)	US$7.41m
Revenue (TTM)	US$559.80m

230.8x

P/E Ratio

3.1x

P/S Ratio

Is ASGT.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASGT.F income statement (TTM)
Revenue	CA$772.84m
Cost of Revenue	CA$481.77m
Gross Profit	CA$291.08m
Other Expenses	CA$280.85m
Earnings	CA$10.23m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 02, 2024

Earnings per share (EPS)	0.22
Gross Margin	37.66%
Net Profit Margin	1.32%
Debt/Equity Ratio	51.0%

How did ASGT.F perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

266%

Payout Ratio

ASGT.F Stock Overview

Rewards

Risk Analysis

Altus Group Limited Competitors

NYSE:COMP

US$1.7b

NasdaqGM:EXPI

US$1.5b

NYSE:CWK

US$2.2b

NasdaqGS:NMRK

US$2.3b

Price History & Performance

Recent News & Updates

Altus Group Limited to Report Q1, 2024 Results on May 02, 2024

Altus Group Limited, Annual General Meeting, May 01, 2024

Altus Group Limited to Report Q4, 2023 Results on Feb 22, 2024

Altus Group Limited (TSX:AIF) entered into a definitive agreement to acquire Commercial Real Estate Valuation Services Business from Situs Group LLC for approximately $230 million.

Altus Group Limited (TSX:AIF) entered into a definitive agreement to acquire Commercial Real Estate Valuation Services Business from Situs Group LLC for approximately $230 million.

Altus Group Limited to Report Q3, 2023 Results on Nov 09, 2023

Recent updates

Altus Group Limited to Report Q1, 2024 Results on May 02, 2024

Altus Group Limited, Annual General Meeting, May 01, 2024

Altus Group Limited to Report Q4, 2023 Results on Feb 22, 2024

Altus Group Limited (TSX:AIF) entered into a definitive agreement to acquire Commercial Real Estate Valuation Services Business from Situs Group LLC for approximately $230 million.

Altus Group Limited (TSX:AIF) entered into a definitive agreement to acquire Commercial Real Estate Valuation Services Business from Situs Group LLC for approximately $230 million.

Altus Group Limited to Report Q3, 2023 Results on Nov 09, 2023

Altus Group Limited Approves Cash Dividend for the Third Quarter Ending September 30, 2023, Payable on October 16, 2023

Altus Group Limited to Report Q2, 2023 Results on Aug 10, 2023

Altus Group Limited Approves Cash Dividend for the Second Quarter Ending June 30, 2023, Payable on July 17, 2023

Altus Group Limited to Report Q4, 2022 Results on Feb 23, 2023

Altus Group Limited Announces Chief Financial Officer Changes

Altus Group Announces Fourth Quarter 2022 Dividend, Payable on January 16, 2023

Altus Group Limited to Report Q3, 2022 Results on Nov 10, 2022

Altus Group Limited Announces Cash Dividend for the Third Quarter Ending September 30, 2022, Payable on October 17, 2022

Altus Group Limited Announces Angelo Bartolini Will Stepping Down as Its Chief Financial Officer

Altus Group Limited to Report Q2, 2022 Results on Aug 11, 2022

Altus Group Limited Appoints Wai-Fong Au and Carolyn Schuetz to Board of Directors

Altus Group Limited Approves Payment of A Cash Dividend for the Second Quarter Ending June 30, 2022, Payment Will Be Made on July 15, 2022

Altus Group Limited (TSX:AIF) acquired Rethink Solutions Inc. for CAD 40 million.

Altus Group Limited to Report Q1, 2022 Results on May 04, 2022

Altus Group Limited, Annual General Meeting, May 03, 2022

Altus Group Limited Provides Revenue Guidance for the Full Year of 2022 and 2023

Altus Group Limited Promotes Jorge Blanco to President of Altus Analytics and Chief Commercial Officer of Altus Group Limited

Altus Group Limited Provides Consolidated Earnings Guidance for the Second Half, Third Quarter and Full Year of Fiscal Year 2021

Altus Group Limited (TSX:AIF) acquired StratoDem Analytics for $24.4 million.

Altus Group Limited Approves Payment of Cash Dividend for the First Quarter Ending March 31, 2021, Payable on April 15, 2021

Altus Group Limited (TSX:AIF) agreed to acquire Finance Active SAS for €100 million.

Altus Group Limited, Annual General Meeting, May 05, 2021

JLL Begins Transition to Altus Group’s Cloud-Enabled ARGUS Enterprise

Altus Group Limited Announces Jorge Blanco as Chief Product Officer, Effective March 1, 2021

Newmark Valuation & Advisory to Utilize Altus Group’s Cloud-Enabled ARGUS Enterprise

Invesco Real Estate Selects Altus Group Limited to Strengthen Data Usability and Boost Decision-Making Efficiency for its Pan-European Portfolio

Altus Group Appoints Bruce Strong as A Director

Altus Group Limited to Report Q4, 2020 Results on Feb 24, 2021

Altus Group Announces Executive Changes

Altus Group Limited Announces Jim Hannon as President of Altus Analytics

Altus Group Simplifies Commercial Real Estate Asset and Investment Management with Powerful ARGUS Enterprise 13

Altus Group Limited to Report Q2, 2020 Results on Aug 12, 2020

Shareholder Returns

Price Volatility

About the Company

Altus Group Limited Fundamentals Summary

230.8x

3.1x

Earnings & Revenue

Dividends

1.2%

266%