Colliers International Group Inc (CIGI) is overvalued and Costar Group Inc (CSGP) is overvalued.
Both trade above our estimate of their intrinsic value. CIGI is the closer of the two: -31%, against -661% for CSGP.
Values as of the 22 Sept 2026 close.
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
Discounting its cash flows at 8.9% (average of 3 methods) values the shares at $3.78; the price of $28.77 is 661% above that value.
Leak Score 27/100 on 3 of 12 signals
| Metric | CIGI | CSGP |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $92.45 | $28.77 |
| Intrinsic value | $70.38 | $3.78 |
| Margin of safety | -31% | -661% |
| Leak Score | 0/100 (3/12) | 27/100 (3/12) |
| Market cap | $4.7B | $11.7B |
| Revenue growth, 5 years | 14.8% | 14.4% |
| Operating margin | 7.1% | 2.4% |
| Net margin | 1.8% | 2.1% |
| Return on equity | 7.4% | 0.9% |
| Debt to equity | 2.15 | 0.15 |
| P/E | 44.0x | 158.3x |
| Forward P/E | 10.9x | 16.8x |
| P/B | 3.1x | 1.5x |
| Dividend yield | 0.3% | — |