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Last update at 2025-01-20T19:37:00Z
Altus Group Releases Q4 2024 CRE Industry Conditions & Sentiment Survey Findings
Wed 15 Jan 25, 02:00 PMAltus Group Completes the Sale of its Property Tax Business to Ryan, LLC
Thu 02 Jan 25, 12:00 PMCalculating The Intrinsic Value Of Altus Group Limited (TSE:AIF)
Wed 18 Dec 24, 05:53 PMHigh street firms could axe jobs over potential business rate rise, say bosses
Wed 16 Oct 24, 03:13 PMIs It Too Late To Consider Buying Altus Group Limited (TSE:AIF)?
Mon 23 Sep 24, 05:07 PMAltus Group (TSE:AIF) Is Paying Out A Dividend Of CA$0.15
Tue 20 Aug 24, 10:42 AMAltus Group Q2 Pan-European Property Values Hold Steady in Dataset Analysis
Mon 19 Aug 24, 10:38 AMAltus Group's (TSE:AIF) Conservative Accounting Might Explain Soft Earnings
Fri 16 Aug 24, 10:51 AMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 3.88M | 34.20M | 37.56M | 25.15M | -17.79700M |
Minority interest | 0.00300M | 0.12M | - | - | - |
Net income | -0.88900M | 25.69M | 21.43M | 18.19M | -18.43900M |
Selling general administrative | 623.87M | 532.22M | 464.74M | 475.68M | 449.99M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 735.45M | 625.39M | 561.16M | 567.41M | 179.82M |
Reconciled depreciation | 59.52M | 46.58M | 41.78M | 51.27M | 49.11M |
Ebit | 55.57M | 48.02M | 55.24M | 40.14M | -11.06500M |
Ebitda | 115.09M | 94.60M | 97.02M | 91.42M | 38.05M |
Depreciation and amortization | 59.52M | 46.58M | 41.78M | 51.27M | 49.11M |
Non operating income net other | - | - | - | - | - |
Operating income | 55.57M | 48.02M | 55.24M | 40.14M | 11.33M |
Other operating expenses | 683.40M | 578.80M | 506.35M | 526.95M | 499.10M |
Interest expense | 14.56M | 6.59M | 6.47M | 8.63M | 6.73M |
Tax provision | 4.77M | 8.63M | 10.55M | 6.96M | 0.64M |
Interest income | 7.09M | 0.25M | 0.08M | 8.87M | 6.02M |
Net interest income | -14.05300M | -6.34900M | -6.49400M | -8.94700M | -6.48300M |
Extraordinary items | - | 0.00000M | -5.57600M | -5.69700M | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 4.77M | 8.63M | 10.55M | 6.96M | 0.64M |
Total revenue | 735.45M | 625.39M | 561.16M | 567.41M | 510.43M |
Total operating expenses | 683.40M | 578.80M | 506.35M | 526.95M | 499.10M |
Cost of revenue | - | - | - | 355.32M | 330.61M |
Total other income expense net | -51.69000M | -13.81700M | -17.68500M | -14.99200M | -29.12300M |
Discontinued operations | - | - | -5.57600M | -5.69700M | -5.69700M |
Net income from continuing ops | -0.88900M | 25.57M | 27.01M | 18.19M | -18.43900M |
Net income applicable to common shares | -0.88600M | 25.69M | 21.43M | 18.19M | -18.43900M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 1214.69M | 1263.89M | 1199.20M | 735.40M | 735.12M |
Intangible assets | 270.64M | 292.81M | 286.67M | 77.93M | 92.59M |
Earning assets | - | - | - | - | - |
Other current assets | 28.52M | 1.69M | 5.87M | 2.48M | 1.45M |
Total liab | 612.16M | 664.02M | 609.84M | 351.95M | 375.47M |
Total stockholder equity | 602.54M | 599.87M | 589.48M | 383.45M | 359.65M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 113.81M | 127.59M | 112.34M | 183.07M | 168.63M |
Common stock | 769.30M | 747.67M | 726.33M | 529.87M | 509.65M |
Capital stock | 769.30M | 747.67M | 726.33M | 529.87M | 509.65M |
Retained earnings | -259.33600M | -243.57100M | -217.40600M | -217.63600M | -214.68600M |
Other liab | - | 60.87M | 55.76M | 24.45M | 28.11M |
Good will | 509.98M | 497.58M | 467.31M | 261.07M | 260.38M |
Other assets | - | 47.37M | 42.57M | 30.10M | 31.83M |
Cash | 41.89M | 55.27M | 51.27M | 69.64M | 60.26M |
Cash and equivalents | - | - | - | 69.64M | 60.26M |
Total current liabilities | 218.28M | 239.86M | 209.93M | 153.18M | 283.61M |
Current deferred revenue | 72.57M | 90.07M | 73.05M | 42.35M | 38.86M |
Net debt | 313.66M | 322.88M | 306.79M | 116.38M | 153.98M |
Short term debt | 14.35M | 14.86M | 13.91M | 11.70M | 150.49M |
Short long term debt | - | - | - | - | 137.93M |
Short long term debt total | 355.55M | 378.14M | 358.06M | 186.01M | 214.25M |
Other stockholder equity | 50.14M | 48.61M | 42.12M | 30.43M | 24.45M |
Property plant equipment | - | 60.45M | 81.62M | 72.07M | 92.77M |
Total current assets | 302.56M | 319.88M | 283.73M | 268.57M | 246.07M |
Long term investments | 37.16M | 38.82M | 37.30M | 25.66M | 11.48M |
Net tangible assets | - | -190.51800M | -164.50200M | 44.45M | 6.68M |
Short term investments | - | 0.50M | 1.74M | - | - |
Net receivables | 259.99M | 262.92M | 226.59M | 196.46M | 184.36M |
Long term debt | 307.45M | 317.83M | 286.92M | 122.43M | 0.33M |
Inventory | -27.83900M | - | - | - | - |
Accounts payable | 17.54M | 7.35M | 10.62M | 7.60M | 9.94M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 42.43M | 47.16M | 38.44M | 40.79M | 40.24M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | 529.87M | 509.65M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | -42.77300M | -19.53800M | -364.86400M |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 18.64M | 25.49M | 18.48M | 20.34M | 19.34M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 912.13M | 944.01M | 915.47M | 466.83M | 489.06M |
Capital lease obligations | 48.10M | 60.31M | 71.14M | 63.58M | 75.98M |
Long term debt total | - | 363.29M | 344.15M | 174.31M | 63.75M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -54.05700M | -3.83100M | -4.15900M | -18.43000M | 10.98M |
Change to liabilities | 0.00000M | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
Total cashflows from investing activities | -54.05700M | -373.31500M | -20.90300M | -18.43000M | 10.98M |
Net borrowings | 12.38M | 150.13M | -27.09000M | -3.11600M | -21.95400M |
Total cash from financing activities | -18.66500M | 300.43M | -41.29800M | -20.79100M | -42.97100M |
Change to operating activities | -5.50000M | -18.83200M | -1.91000M | -23.11000M | -3.82600M |
Net income | 3.88M | 34.20M | 31.98M | 25.15M | -17.79700M |
Change in cash | 4.00M | -18.36600M | 9.38M | 11.52M | 20.67M |
Begin period cash flow | 51.27M | 69.64M | 60.26M | 48.74M | 28.07M |
End period cash flow | 55.27M | 51.27M | 69.64M | 60.26M | 48.74M |
Total cash from operating activities | 77.08M | 56.31M | 72.30M | 52.42M | 49.49M |
Issuance of capital stock | 0.00000M | 164.77M | - | - | - |
Depreciation | 59.52M | 46.58M | 41.78M | 51.27M | 49.11M |
Other cashflows from investing activities | -29.57700M | -362.68600M | -16.55300M | -12.48900M | 23.35M |
Dividends paid | 24.70M | 21.56M | 21.86M | 19.20M | 18.80M |
Change to inventory | - | - | - | - | - |
Change to account receivables | - | - | - | - | - |
Sale purchase of stock | -12.61100M | -6.31200M | -3.61400M | -5.35300M | -3.06100M |
Other cashflows from financing activities | 90.76M | 354.42M | 49.40M | 28.48M | 52.12M |
Change to netincome | 23.95M | 2.87M | 11.16M | 9.64M | 21.95M |
Capital expenditures | 24.48M | 10.63M | 4.35M | 5.94M | 12.37M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | -5.50000M | -18.83200M | -1.91000M | -23.11000M | -3.82600M |
Stock based compensation | 29.38M | 23.94M | 15.40M | 9.84M | 9.46M |
Other non cash items | -10.20000M | -29.58000M | -14.94800M | -10.72700M | 12.54M |
Free cash flow | 52.60M | 45.68M | 67.95M | 46.48M | 37.12M |
Sector: Real Estate Industry: Real Estate Services
Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
AIF Altus Group Limited |
0.52 0.93% | 56.37 | 217.73 | 33.44 | 3.34 | 4.21 | 3.73 | 27.93 |
FSV FirstService Corp |
-0.15 0.06% | 263.49 | 78.12 | 33.67 | 2.38 | 7.35 | 1.99 | 21.75 |
CIGI Colliers International Group Inc Bats |
2.27 1.14% | 201.52 | 47.88 | 21.83 | 2.39 | 6.26 | 2.22 | 16.44 |
MEQ Mainstreet Equity Corp. |
- -% | 200.00 | 15.13 | 25.00 | 7.98 | 1.36 | 14.72 | 13.34 |
SVI Storage Vault Canada Inc |
-0.03 0.76% | 3.92 | - | - | 5.16 | 9.46 | 11.80 | 25.68 |
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. The Property Tax segment includes expert services and technology for property tax management, which include conducting property tax assessment reviews for commercial properties. The Appraisals and Development Advisory segments include services in the field of commercial property valuation appraisals, such as valuation appraisals of properties for transactional purposes, due diligence and litigation support, and economic consulting; and commercial development advisory services in the areas of construction feasibility studies, budgeting, cost and loan monitoring, and project management. It operates in Canada, the United Kingdom, France, Germany, Australia, the United States, Australia, Europe, the Middle East, Africa, and Asia Pacific. Altus Group Limited was founded in 2005 and is headquartered in Toronto, Canada.
33 Yonge Street, Toronto, ON, Canada, M5E 1G4
Name | Title | Year Born |
---|---|---|
Mr. Jim Hannon | Chief Exec. Officer | NA |
Mr. Angelo Bartolini | Chief Financial Officer | NA |
Mr. Alex Probyn | Global Pres of Property Tax Bus. | NA |
Mr. Jorge Blanco | Pres of Altus Analytics Bus. & Chief Commercial Officer | NA |
Mr. David Ross | Chief Information Officer | NA |
Ms. Terrie-Lynne Devonish | Chief Legal Officer & Corp. Sec. | NA |
Ms. Camilla Bartosiewicz | Chief Communication Officer | NA |
Mr. Walter Turney | Global Head of Sales, ARGUS | NA |
Mr. Ernest Clark | Chief Marketing Officer | NA |
Ms. Kim Carter | Chief People Officer | NA |
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