Altus Group Ltd

Chart & Performance

D1W1MN

P/E

254.33

P/S

3.37

EPS

0.22

Div Yield, %

1.02%

Shrs. gr., 5y

3.44%

Rev. gr., 5y

8.65%

Revenues

773m

+5.08%

Net income

10m

CFO

71m

-7.34%

Dividend

Sep 27, 20240.15 CAD/sh

Earnings

Feb 20, 2025

Profile

Altus Group Limited provides software, data solutions, and independent advisory services to the commercial real estate industry in Canada, the United States, Europe, and the Asia Pacific. It operates through Altus Analytics and Commercial Real Estate Consulting (CRE Consulting) segments. The Altus Analytics segment offers ARGUS Enterprise, a commercial property valuation and asset management software; ARGUS Taliance, a real estate fund and alternative investment management software; ARGUS EstateMaster, a property development feasibility and management software; and ARGUS Developer, a real estate development pro forma and management software solution; ARGUS Voyanta, a powerful data aggregation, validation, and reporting software solution; ARGUS Acquire, a real estate acquisition deals and pipeline management software; and ARGUS ValueInsight, a commercial real estate valuation software. This segment also offers data subscription products that provide real estate information on the residential, office, industrial, and investment markets; and advisory and managed services. This segment serves equity and debt investors, valuers and appraisers, brokers, developers, banks, and public entities. The CRE Consulting segment offers real estate property tax services, including assessment reviews, management, and appeals, as well as personal property, and state and local tax advisory services; valuation services, such as appraisals of real estate portfolios, valuation of properties, due diligence, litigation, and economic consulting services; and construction feasibility study, budgeting, cost and loan monitoring, and project management services to owner operators, developers, financial institutions, and CRE asset holders and investors. The company was founded in 2005 and is headquartered in Toronto, Canada.

URL

https://www.altusgroup.com/

IPO date

May 19, 2005

Employees

2,900

Domiciled in

Incorporated in

Valuation

Order:

Title CAD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CAD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	772,843 5.08%	735,451 17.60%	625,387 11.45%
Cost of revenue	979,226	1,101,040	939,930
Unusual Expense (Income)
NOPBT	(206,383)	(365,589)	(314,543)
NOPBT Margin
Operating Taxes	12,098	4,769	8,627
Tax Rate
NOPAT	(218,481)	(370,358)	(323,170)
Net income	10,232 -1,250.96%	(889) -103.46%	25,688 19.85%
Dividends	(26,579)	(24,699)	(21,564)
Dividend yield	1.37%	1.07%	0.71%
Proceeds from repurchase of equity	(9,597)	(4,450)	158,459
BB yield	0.50%	0.19%	-5.20%
Debt
Debt current	14,346	14,856	13,914
Long-term debt	389,307	423,602	415,288
Deferred revenue		495	208
Other long-term liabilities	22,530	26,770	27,685
Net debt	324,597	344,369	340,629
Cash flow
Cash from operating activities	71,429	77,085	56,308
CAPEX	(4,827)	(24,480)	(10,629)
Cash from investing activities	(34,923)	(54,057)	(373,315)
Cash from financing activities	(51,781)	(18,665)	300,430
FCF	(224,920)	(331,455)	(332,619)
Balance
Cash	41,892	55,267	51,271
Long term investments	37,164	38,822	37,302
Excess cash	40,414	57,316	57,304
Stockholders' equity	552,394	551,262	547,243
Invested Capital	940,205	945,899	915,386
ROIC
ROCE
EV
Common stock shares outstanding	45,908	42,899	42,899
Price	42.14 -22.02%	54.04 -23.86%	70.97 44.42%
Market cap	1,934,572 -16.55%	2,318,268 -23.86%	3,044,550 50.35%
EV	2,259,169	2,662,637	3,385,064
EBITDA	(148,443)	(306,064)	(267,961)
EV/EBITDA
Interest	22,235	14,558	6,595
Interest/NOPBT