Altus Group Limited Stock Today

AIF Stock  CAD 59.52  0.52  0.87%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 6

 
High
 
Low
Low
Altus Group is selling at 59.52 as of the 30th of November 2024; that is 0.87 percent decrease since the beginning of the trading day. The stock's open price was 60.04. Altus Group has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Altus Group Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Real Estate Management & Development
Category
Real Estate
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. The Geomatics segment offers various services, including land surveys and mapping to the oil and gas exploration and development sector for setting of property boundaries, route and corridor selection, land settlement, construction developments, and oil field and well-sites. The company has 45.89 M outstanding shares of which 614.82 K shares are presently shorted by private and institutional investors with about 8.7 days to cover all short positions. More on Altus Group Limited

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Altus Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Altus Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Altus Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORobert Courteau
Business ConcentrationReal Estate Management & Development, Real Estate, Real Estate, Real Estate Management & Development, Real Estate Services, Real Estate (View all Sectors)
Altus Group's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Altus Group's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Altus Group can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Altus Group's financial leverage. It provides some insight into what part of Altus Group's total assets is financed by creditors.
Liquidity
Altus Group cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Altus Group Limited has accumulated 355.55 M in total debt with debt to equity ratio (D/E) of 0.61, which is about average as compared to similar companies. Altus Group Limited has a current ratio of 1.98, which is within standard range for the sector. Debt can assist Altus Group until it has trouble settling it off, either with new capital or with free cash flow. So, Altus Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Altus Group Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altus to invest in growth at high rates of return. When we think about Altus Group's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

(3.59 Million)
Altus Group Limited (AIF) is traded on Toronto Exchange in Canada and employs 2,900 people. Altus Group is listed under Real Estate Management & Development category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altus Group's market, we take the total number of its shares issued and multiply it by Altus Group's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Altus Group Limited operates under Real Estate Management & Development sector and is part of Real Estate industry. The entity has 45.89 M outstanding shares of which 614.82 K shares are presently shorted by private and institutional investors with about 8.7 days to cover all short positions. Altus Group Limited has accumulated about 74.07 M in cash with 71.43 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.84.
Check Altus Group Probability Of Bankruptcy
Ownership Allocation
Altus Group holds a total of 45.89 Million outstanding shares. Over half of Altus Group's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Altus Group. Please watch out for any change in the institutional holdings of Altus Group Limited as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Altus Ownership Details

Altus Group Limited Risk Profiles

Although Altus Group's alpha and beta are two of the key measurements used to evaluate Altus Group's performance over the market, the standard measures of volatility play an important role as well.

Altus Stock Against Markets

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Altus Group Corporate Directors

Angela BrownIndependent DirectorProfile
Anthony GaffneyIndependent DirectorProfile
Diane MacDiarmidIndependent DirectorProfile
Janet WoodruffIndependent DirectorProfile

Other Information on Investing in Altus Stock

Altus Group financial ratios help investors to determine whether Altus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Altus with respect to the benefits of owning Altus Group security.