Added to YB: 2026-05-06
Pitch date: 2026-05-04
AIF.TO [bullish]
Altus Group Limited
Author Info
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Company Info
Altus Group Limited provides commercial real estate (CRE) intelligence in Canada, the United States, the United Kingdom, France, rest of EMEA, Australia, and rest of the Asia Pacific.
Market Cap
CAD 1.8B
Pitch Price
N/A
Price Target
52.00 (+14%)
Dividend
1.34%
EV/EBITDA
19.56
P/E
-1.5K
EV/Sales
3.10
Sector
Real Estate Management and Development
Category
special_situation
AI Panic Bargain - Altus Group Limited
AIF.TO: Argus software monopoly in CRE valuation w/ network effects & wide moat. 8%+ 2027 FCF yield, 15%+ FCF growth, 100%+ net rev retention. C$200M SIB at C$52 (11% premium) retired 10% shares. Tax issues limited tender participation, creating structural advantage for tax-advantaged accounts. AI selloff overdone given pricing power & entrenchment.
Read full article (4 min)