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Colliers International Group (MEX:CIGI) Cyclically Adjusted Price-to-FCF : 36.07 (As of Jun. 24, 2024)


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What is Colliers International Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-24), Colliers International Group's current share price is MXN1707.00. Colliers International Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN47.32. Colliers International Group's Cyclically Adjusted Price-to-FCF for today is 36.07.

The historical rank and industry rank for Colliers International Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MEX:CIGI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.74   Med: 24.62   Max: 37.78
Current: 32.61

During the past years, Colliers International Group's highest Cyclically Adjusted Price-to-FCF was 37.78. The lowest was 12.74. And the median was 24.62.

MEX:CIGI's Cyclically Adjusted Price-to-FCF is ranked worse than
80.71% of 700 companies
in the Real Estate industry
Industry Median: 11.965 vs MEX:CIGI: 32.61

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Colliers International Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was MXN-52.491. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is MXN47.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Colliers International Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Colliers International Group's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Colliers International Group Cyclically Adjusted Price-to-FCF Chart

Colliers International Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.03 24.45 35.40 25.13 36.41

Colliers International Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.43 25.56 25.99 36.41 36.08

Competitive Comparison of Colliers International Group's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Colliers International Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Colliers International Group's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Colliers International Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Colliers International Group's Cyclically Adjusted Price-to-FCF falls into.



Colliers International Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Colliers International Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1707.00/47.32
=36.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Colliers International Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Colliers International Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-52.491/126.2576*126.2576
=-52.491

Current CPI (Mar. 2024) = 126.2576.

Colliers International Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 15.445 99.473 19.604
201409 21.721 99.394 27.592
201412 47.765 98.367 61.308
201503 -32.075 99.789 -40.583
201506 20.864 100.500 26.211
201509 28.542 100.421 35.885
201512 43.145 99.947 54.503
201603 -20.984 101.054 -26.218
201606 9.826 102.002 12.163
201609 28.979 101.765 35.954
201612 52.752 101.449 65.652
201703 -42.489 102.634 -52.269
201706 21.337 103.029 26.148
201709 36.838 103.345 45.005
201712 66.869 103.345 81.695
201803 -39.585 105.004 -47.597
201806 21.000 105.557 25.118
201809 42.449 105.636 50.736
201812 86.569 105.399 103.701
201903 -56.795 106.979 -67.030
201906 62.169 107.690 72.888
201909 39.032 107.611 45.795
201912 82.138 107.769 96.229
202003 -75.174 107.927 -87.942
202006 9.707 108.401 11.306
202009 93.353 108.164 108.969
202012 25.368 108.559 29.504
202103 -30.199 110.298 -34.569
202106 21.214 111.720 23.975
202109 83.011 112.905 92.828
202112 29.994 113.774 33.285
202203 -131.287 117.646 -140.898
202206 7.919 120.806 8.276
202209 26.861 120.648 28.110
202212 23.262 120.964 24.280
202303 -63.417 122.702 -65.255
202306 29.023 124.203 29.503
202309 8.354 125.230 8.423
202312 3.629 125.072 3.663
202403 -52.491 126.258 -52.491

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Colliers International Group  (MEX:CIGI) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Colliers International Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Colliers International Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Colliers International Group (MEX:CIGI) Business Description

Traded in Other Exchanges
Address
1140 Bay Street, Suite 4000, Toronto, ON, CAN, M5S 2B4
Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national, and international basis, Infrastructure consulting, Design and Build, and Market research.

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