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Altus Group (TSX:AIF) Intrinsic Value: Projected FCF : C$26.73 (As of Jun. 25, 2025)


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What is Altus Group Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2025-06-25), Altus Group's Intrinsic Value: Projected FCF is C$26.73. The stock price of Altus Group is C$54.25. Therefore, Altus Group's Price-to-Intrinsic-Value-Projected-FCF of today is 2.0.

The historical rank and industry rank for Altus Group's Intrinsic Value: Projected FCF or its related term are showing as below:

TSX:AIF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.27   Med: 2.11   Max: 3.4
Current: 2.02

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Altus Group was 3.40. The lowest was 1.27. And the median was 2.11.

TSX:AIF's Price-to-Projected-FCF is ranked worse than
84.22% of 1274 companies
in the Real Estate industry
Industry Median: 0.64 vs TSX:AIF: 2.02

Altus Group Intrinsic Value: Projected FCF Historical Data

The historical data trend for Altus Group's Intrinsic Value: Projected 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.

Altus Group Intrinsic Value: Projected FCF Chart

Altus Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.50 20.87 21.04 21.22 21.74

Altus Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Intrinsic Value: Projected 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 20.84 22.08 22.16 21.74 26.73

Competitive Comparison of Altus Group's Intrinsic Value: Projected FCF

For the Real Estate Services subindustry, Altus Group's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Altus Group's Price-to-Projected-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Altus Group's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Altus Group's Price-to-Projected-FCF falls into.


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Altus Group Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Altus Group's Free Cash Flow(6 year avg) = C$54.96.

Altus Group's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar25)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*54.96176+877.094*0.8)/45.818
=26.73

* 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.


Altus Group  (TSX:AIF) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Altus Group's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=54.25/26.734699889411
=2.03

* 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.


Altus Group Intrinsic Value: Projected FCF Related Terms

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Altus Group Business Description

Industry
Traded in Other Exchanges
Address
33 Yonge Street, Suite 500, Toronto, ON, CAN, M5E 1G4
Altus Group Ltd is a provider of asset and fund intelligence for commercial real estate. The company delivers intelligence as a service to its clients through a connected platform of technology, analytics, and advisory services. The various services provided by the company include valuation advisory, property appraisals, development advisory, quantity surveying, and others, and the different software products offered include Forbury, ARGUS Intelligence, Reonomy, and Altus Data Studio, among others. The company's reportable segments are Analytics and Appraisals, and Development Advisory. Maximum revenue is generated from its Analytics segment, whose portfolio includes software, data analytics, market data, Valuation Management Solutions (VMS), and technology consulting services.
Executives
Anthony Long Director
William Brennan Director
Kamila (camilla) Bartosiewicz Senior Officer
Kimberly Carter Senior Officer
Alex Probyn Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Raymond Mikulich Director
Angela Louise Brown Director
Carolyn Margaret Schuetz Director
James Hannon Director, Senior Officer
Angelo Bartolini Senior Officer
Terrie-lynne Devonish Senior Officer
Ernest Clark Senior Officer
Michael Gordon Director
Edward Charles Orlik Senior Officer
Colin Boyd Johnston Senior Officer