KE Holdings Inc ADR (BEKE) is slightly overvalued and Colliers International Group Inc (CIGI) is overvalued.
Both trade above our estimate of their intrinsic value. BEKE is the closer of the two: -17%, against -31% for CIGI.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.2% (average of 3 methods) values the shares at $13.98; the price of $16.38 is 17% above that value, and 79% of that value comes from beyond year five.
Leak Score 27/100 on 3 of 12 signals
Discounting its cash flows at 8.1% (average of 3 methods) values the shares at $70.38; the price of $92.45 is 31% above that value, and 80% of that value comes from beyond year five.
Leak Score 0/100 on 3 of 12 signals
| Metric | BEKE | CIGI |
|---|---|---|
| Verdict | Slightly overvalued | Overvalued |
| Price | $16.38 | $92.45 |
| Intrinsic value | $13.98 | $70.38 |
| Margin of safety | -17% | -31% |
| Leak Score | 27/100 (3/12) | 0/100 (3/12) |
| Market cap | $17.3B | $4.7B |
| Revenue growth, 5 years | 5.2% | 14.8% |
| Operating margin | 5.6% | 7.1% |
| Net margin | 5.4% | 1.8% |
| Return on equity | 7.1% | 7.4% |
| Debt to equity | 0.22 | 2.15 |
| P/E | 27.0x | 44.0x |
| Forward P/E | 12.9x | 10.9x |
| P/B | 1.9x | 3.1x |
| Dividend yield | 2.5% | 0.3% |