CIGI vs FSV vs CBRE Stock Comparison

Colliers International, FirstService and Cbre Prices as of Oct 28, 2026 Peers: Industry group
FSV FirstService Corp
$138.96 +7.7% 1M -12.8% 1Y
Market cap
$6.35B
P/E
54.9x
Revenue (TTM)
$5.68B
Div. yield
1.06%
Facility Services Industrials
4 wins
CBRE Cbre Group, Inc.
$123.70 -5.1% 1M -22.4% 1Y
Market cap
$35.67B
P/E
25.9x
Revenue (TTM)
$45.01B
Div. yield
–
Commercial Real Estate Services Real Estate
6 wins

Head to Head

12 decided of 12

Cbre leads on 6 of the 12 questions below (Cbre 6, FirstService 4, Colliers International 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCIGIFSVCBRELeader
Larger companyMarket capitalisation $4.79B $6.35B $35.67B CBRE
Cheaper on earningsLower P/E, profitable companies only 79.0x 54.9x 25.9x CBRE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.9x 23.8x 16.5x CIGI
Faster revenue growthRevenue growth, trailing twelve months +15.2% +3.7% +14.8% CIGI
More profitableNet margin, trailing twelve months 1.0% 2.0% 3.1% CBRE
Better return on capitalReturn on invested capital 6.8% 10.0% 9.1% FSV
Less leveragedLower net debt / EBITDA 3.8x 2.6x 2.3x CBRE
Higher dividend yieldTrailing dividend yield 0.32% 1.06% — FSV
Better 1-year returnPrice return, last 12 months -43.2% -12.8% -22.4% FSV
Better 5-year returnAnnualised price return, 5 years -8.4%/yr -7.0%/yr +3.5%/yr CBRE
Less volatileAnnualised volatility, 1 year 37.6% 30.6% 34.5% FSV
Higher overall scoreMean of the five percentile scores vs peers 43/100 41/100 58/100 CBRE

Percentile Scorecard

CIGIFSVCBRE

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCIGIFSVCBRE
Valuation 47 #10 of 18 42 #66 of 113 41 #11 of 18
Growth 47 #9 of 16 56 #43 of 96 67 #6 of 16
Profitability 67 #6 of 16 63 #35 of 92 80 #4 of 16
Financial Health 13 #15 of 17 39 #77 of 125 44 #10 of 17
Shareholder Returns – 8 #62 of 67 –
Overall 43 41 58
  • CIGI ranked among 19 companies in Real Estate Services
  • FSV ranked among 130 companies in Business Services
  • CBRE ranked among 19 companies in Real Estate Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCIGIFSVCBRESPY
1 month +4.3%+7.7%-5.1% +0.9%
3 months -7.3%-2.4%-16.4% +5.9%
6 months -9.8%+3.6%-13.2% +8.5%
Year to date -36.2%-10.7%-23.1% +13.3%
1 year -43.2%-12.8%-22.4% +12.4%
3 years +6.4%+1.4%+87.0% +88.1%
3 years, per year +2.1%+0.5%+23.2% +23.5%
5 years -35.5%-30.5%+18.9% +68.2%
5 years, per year -8.4%-7.0%+3.5% +11.0%
10 years +162.6%+238.4%+376.5% +263.4%
10 years, per year +10.1%+13.0%+16.9% +13.8%

Risk

MeasureCIGIFSVCBRESPY
Volatility, 1Y 37.6%30.6%34.5% 12.7%
Downside volatility, 1Y 39.5%31.1%36.0% 12.7%
Beta vs S&P 500, 1Y 0.890.650.93 1.00
Return / volatility, 1Y -1.15-0.42-0.65 0.98
Max drawdown, 5Y -49.3%-43.8%-40.4% -25.4%
From 52-week high -43.2%-15.8%-27.9% -0.9%
52-week high $165.05$165.10$171.61 $779.14
52-week low $85.88$125.66$121.67 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCIGIFSVCBRE
P/E now vs peer median 79.0xmedian 20.9x 54.9xmedian 21.5x 25.9xmedian 20.9x
P/S now vs peer median 0.8xmedian 0.7x 1.1xmedian 0.9x 0.8xmedian 0.7x
EV/EBITDA now vs peer median 11.2xmedian 9.8x 14.4xmedian 11.9x 13.8xmedian 9.8x
P/FCF now vs peer median 11.4xmedian 13.1x 11.8xmedian 13.9x 100.2xmedian 13.1x
P/B now vs peer median 3.1xmedian 1.8x 6.8xmedian 2.3x 4.0xmedian 1.8x
PEG now vs peer median 1.68median 0.54 147.23median 0.92 0.72median 0.54

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCIGIFSVCBRE
Revenue $5.96B $5.68B $45.01B
Gross profit $2.38B $1.88B $8.33B
Operating income $373.62M $339.62M $2.06B
Net income $211.66M $199.45M $1.52B
Free cash flow $419.51M $536.84M $356.00M
EPS (diluted) $1.18 $2.52 $4.74
Cash & equivalents $265.19M $160.76M $1.68B
Total debt $2.69B $1.55B $8.85B
Shares (diluted) 51.08M 45.75M 291.61M
Enterprise value $3.87B $6.22B $29.43B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCIGIFSVCBRE
P/E 79.0x 54.9x 25.9x
P/FCF 11.4x 11.8x 100.2x
P/Operating cash flow 14.9x 15.2x 25.4x
P/S 0.8x 1.1x 0.8x
P/B 3.1x 6.8x 4.0x
P/Tangible book 67.1x 6.8x 5.7x
EV/EBITDA 11.2x 14.4x 13.8x
EV/EBIT 19.3x 22.8x 20.8x
EV/Revenue 1.2x 1.4x 1.0x
EV/FCF 17.2x 14.4x 120.3x
EV/Operating cash flow 22.4x 18.5x 30.5x
PEG (3Y EPS CAGR) 1.68 147.23 0.72

Growth

14 metrics
MetricCIGIFSVCBRE
Revenue growth (1Y) 15.2% 3.7% 14.8%
Revenue CAGR (3Y) 10.8% 9.9% 13.0%
Gross profit growth (1Y) 14.8% 2.6% 12.3%
Gross profit CAGR (3Y) 11.2% 11.0% 10.9%
Operating income growth (1Y) 3.2% -0.6% 19.4%
Operating income CAGR (3Y) 9.4% 8.7% 34.0%
Net income growth (1Y) -5.4% 4.7% 14.4%
Net income CAGR (3Y) 14.6% 6.0% 34.9%
EPS growth (1Y) 5.3% 12.3% 15.8%
EPS CAGR (3Y) 47.0% 0.4% 35.9%
Operating cash flow growth (1Y) 14.1% 0.1% -16.4%
Operating cash flow CAGR (3Y) 4.6% 23.1% 47.1%
Free cash flow growth (1Y) 20.1% -1.6% -62.4%
Free cash flow CAGR (3Y) 4.6% 19.6% 132.9%

Profitability

14 metrics
MetricCIGIFSVCBRE
Gross margin 40.0% 33.1% 18.5%
EBITDA margin 10.8% 9.5% 6.9%
Operating margin 6.3% 6.0% 4.6%
Pretax margin 5.0% 4.8% 4.3%
Net margin 1.0% 2.0% 3.1%
FCF margin 7.0% 9.4% 0.8%
Operating cash flow margin 5.4% 7.4% 3.1%
Return on equity 13.8% 18.5% 17.1%
Return on assets 3.9% 4.5% 4.9%
Return on invested capital 6.8% 10.0% 9.1%
Return on capital employed 10.2% 9.8% 10.7%
Asset turnover 1.1x 1.3x 1.5x
Cash conversion (OCF / net income) 1.5x 2.1x 0.9x
Stock comp / revenue 0.8% 0.3% 0.4%

Financial Health

11 metrics
MetricCIGIFSVCBRE
Debt / assets 46.0% 34.9% 28.2%
Debt / equity 1.7x 1.7x 1.0x
Net debt / EBITDA 3.8x 2.6x 2.3x
Debt / FCF 6.4x 2.9x 24.9x
Liabilities / assets 73.5% 78.9% 71.2%
Equity / assets 26.5% 21.1% 28.8%
Interest coverage – – –
Current ratio 1.2x 1.7x 1.2x
Quick ratio 0.9x 1.2x 1.0x
Cash ratio 0.1x 0.2x 0.1x
Altman Z-score 1.95 – 3.13

Shareholder Returns

7 metrics
MetricCIGIFSVCBRE
Dividend yield 0.3% 1.1% –
Net buyback yield – -9.5% 4.1%
Shareholder yield 0.3% -8.5% 4.1%
Payout ratio (earnings) 7.2% – –
Payout ratio (FCF) 3.6% – –
Dividend growth (1Y) 6.5% – –
Dividend CAGR (3Y) 4.5% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCIGIFSVCBRE
Forward P/E 11.9xFY2026 23.8xFY2026 16.5xFY2026
EPS, next fiscal year $7.88FY2026 $5.84FY2026 $7.50FY2026
EPS growth, next FY +20.7%FY2026 +2.1%FY2026 +17.6%FY2026
EPS growth, the year after +0.1% +9.6% +12.0%
Revenue, next fiscal year $6.33BFY2026 $5.42BFY2026 $45.64BFY2026
Revenue growth, next FY +14.6%FY2026 -1.0%FY2026 +12.6%FY2026
Revenue growth, the year after +14.7% +20.0% +16.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCIGIFSVCBRE
Held by institutions 71.7% 69.9% 96.9%
Institutions holding 189 275 1,067
Change in shares held, QoQ -3.8% +7.2% +0.6%
Institutions buying 92 147 518
Institutions selling 64 101 405
Buyers to sellers 1.44 1.46 1.28

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CIGIFSVCBRE
CIGI 1.00 0.58 0.71
FSV 0.58 1.00 0.51
CBRE 0.71 0.51 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CIGI, FSV and CBRE?

Cbre (CBRE) is the largest by market capitalisation: Colliers International (CIGI) $4.79B, FirstService (FSV) $6.35B, Cbre (CBRE) $35.67B.

Which stock is cheaper, CIGI, FSV and CBRE?

Cbre (CBRE) trades on the lowest price-to-earnings ratio (Colliers International (CIGI) 79.0x, FirstService (FSV) 54.9x, Cbre (CBRE) 25.9x). On next year's consensus earnings, Colliers International (CIGI) is cheapest (Colliers International (CIGI) 11.9x, FirstService (FSV) 23.8x, Cbre (CBRE) 16.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Colliers International (CIGI) grew revenue fastest over the trailing twelve months: Colliers International (CIGI) +15.2%, FirstService (FSV) +3.7%, Cbre (CBRE) +14.8%.

Which company is more profitable?

Cbre (CBRE) has the highest net margin (Colliers International (CIGI) 1.0%, FirstService (FSV) 2.0%, Cbre (CBRE) 3.1%). On return on invested capital, FirstService (FSV) leads (Colliers International (CIGI) 6.8%, FirstService (FSV) 10.0%, Cbre (CBRE) 9.1%).

Which stock has performed better?

Over the past year FirstService (FSV) returned the most: Colliers International (CIGI) -43.2%, FirstService (FSV) -12.8%, Cbre (CBRE) -22.4%. Over five years, Cbre (CBRE) compounded fastest (Colliers International (CIGI) -8.4%/yr, FirstService (FSV) -7.0%/yr, Cbre (CBRE) +3.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

FirstService (FSV) has the highest dividend yield: Colliers International (CIGI) 0.32%, FirstService (FSV) 1.06%. Cbre (CBRE) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, FirstService (FSV) has been the steadiest (Colliers International (CIGI) 37.6%, FirstService (FSV) 30.6%, Cbre (CBRE) 34.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CIGI, FSV and CBRE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cbre (CBRE) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.