Altus Group Ltd
TSX:AIF

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Altus Group Ltd
TSX:AIF
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Price: 56.19 CAD 0.54% Market Closed
Market Cap: 2.4B CAD

Relative Value

The Relative Value of one AIF stock under the Base Case scenario is 71.05 CAD. Compared to the current market price of 56.19 CAD, Altus Group Ltd is Undervalued by 21%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

AIF Relative Value
Base Case
71.05 CAD
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
14
vs Industry
39
Median 3Y
3.3
Median 5Y
3.5
Industry
3.8
Forward
4.5
vs History
87
vs Industry
2
Median 3Y
191.9
Median 5Y
145
Industry
16.3
Forward
33.8
vs History
53
vs Industry
10
Median 3Y
32.2
Median 5Y
32.8
Industry
11.1
vs History
vs Industry
2
Median 3Y
43.1
Median 5Y
35.5
Industry
12.8
vs History
90
vs Industry
7
Median 3Y
3.7
Median 5Y
4
Industry
0.9
vs History
30
vs Industry
53
Median 3Y
3.7
Median 5Y
3.8
Industry
6.9
Forward
4.1
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
12.5
vs History
53
vs Industry
15
Median 3Y
22
Median 5Y
23.2
Industry
15.8
Forward
21
vs History
66
vs Industry
7
Median 3Y
40.2
Median 5Y
41.9
Industry
19
Forward
29.9
vs History
65
vs Industry
17
Median 3Y
32
Median 5Y
33.3
Industry
18.4
vs History
71
vs Industry
18
Median 3Y
35.3
Median 5Y
37.5
Industry
20.4
vs History
34
vs Industry
5
Median 3Y
2.3
Median 5Y
2.4
Industry
0.8

Multiples Across Competitors

AIF Competitors Multiples
Altus Group Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Altus Group Ltd
TSX:AIF
2.4B CAD 4.6 6.1 22.6 39.2
US
CBRE Group Inc
NYSE:CBRE
47.4B USD 1.2 38.6 21 32.2
CN
Ke Holdings Inc
HKEX:2423
158.3B HKD 1.4 36.9 28 28
US
Zillow Group Inc
NASDAQ:ZG
17.7B USD 7.1 -554.4 96.1 -184.7
US
Jones Lang LaSalle Inc
NYSE:JLL
15.6B USD 0.6 24.8 13.6 17.1
CA
Colliers International Group Inc
TSX:CIGI
10.2B CAD 1.4 62.9 14.3 23.6
CA
FirstService Corp
TSX:FSV
9.7B CAD 1.3 50.6 14.9 22.7
US
Opendoor Technologies Inc
NASDAQ:OPEN
6.5B USD 1.4 -20.4 -41.5 -33.1
US
Compass Inc
NYSE:COMP
6B USD 0.9 -105.7 81.4 -171.1
UK
Cushman & Wakefield PLC
NYSE:CWK
3.5B USD 0.4 15.8 9.9 12.2
US
Newmark Group Inc
NASDAQ:NMRK
3.1B USD 1 29.5 12.3 22.3
P/E Multiple
Earnings Growth PEG
CA
Altus Group Ltd
TSX:AIF
Average P/E: 33.1
6.1
104%
0.1
US
CBRE Group Inc
NYSE:CBRE
38.6
39%
1
CN
K
Ke Holdings Inc
HKEX:2423
36.9
-12%
N/A
US
Zillow Group Inc
NASDAQ:ZG
Negative Multiple: -554.4 N/A N/A
US
Jones Lang LaSalle Inc
NYSE:JLL
24.8
26%
1
CA
Colliers International Group Inc
TSX:CIGI
62.9
39%
1.6
CA
FirstService Corp
TSX:FSV
50.6
33%
1.5
US
Opendoor Technologies Inc
NASDAQ:OPEN
Negative Multiple: -20.4 N/A N/A
US
C
Compass Inc
NYSE:COMP
Negative Multiple: -105.7 N/A N/A
UK
Cushman & Wakefield PLC
NYSE:CWK
15.8
43%
0.4
US
Newmark Group Inc
NASDAQ:NMRK
29.5
82%
0.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Altus Group Ltd
TSX:AIF
Average EV/EBITDA: 31.4
22.6
23%
1
US
CBRE Group Inc
NYSE:CBRE
21
24%
0.9
CN
K
Ke Holdings Inc
HKEX:2423
28
31%
0.9
US
Zillow Group Inc
NASDAQ:ZG
96.1
156%
0.6
US
Jones Lang LaSalle Inc
NYSE:JLL
13.6
14%
1
CA
Colliers International Group Inc
TSX:CIGI
14.3
16%
0.9
CA
FirstService Corp
TSX:FSV
14.9
10%
1.5
US
Opendoor Technologies Inc
NASDAQ:OPEN
Negative Multiple: -41.5 N/A N/A
US
C
Compass Inc
NYSE:COMP
81.4
N/A N/A
UK
Cushman & Wakefield PLC
NYSE:CWK
9.9
17%
0.6
US
Newmark Group Inc
NASDAQ:NMRK
12.3
29%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Altus Group Ltd
TSX:AIF
Average EV/EBIT: 24.7
39.2
56%
0.7
US
CBRE Group Inc
NYSE:CBRE
32.2
30%
1.1
CN
K
Ke Holdings Inc
HKEX:2423
28
30%
0.9
US
Zillow Group Inc
NASDAQ:ZG
Negative Multiple: -184.7 N/A N/A
US
Jones Lang LaSalle Inc
NYSE:JLL
17.1
17%
1
CA
Colliers International Group Inc
TSX:CIGI
23.6
16%
1.5
CA
FirstService Corp
TSX:FSV
22.7
10%
2.3
US
Opendoor Technologies Inc
NASDAQ:OPEN
Negative Multiple: -33.1 N/A N/A
US
C
Compass Inc
NYSE:COMP
Negative Multiple: -171.1 N/A N/A
UK
Cushman & Wakefield PLC
NYSE:CWK
12.2
19%
0.6
US
Newmark Group Inc
NASDAQ:NMRK
22.3
41%
0.5