Financials CBRE Group, Inc.

Equities

CBRE

US12504L1098

Real Estate Services

Market Closed - Nyse 04:00:02 2024-05-23 pm EDT 5-day change 1st Jan Change
87.65 USD -2.19% Intraday chart for CBRE Group, Inc. -4.78% -5.84%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 20,077 20,556 35,589 23,788 27,683 26,436 - -
Enterprise Value (EV) 1 21,850 21,431 36,007 24,204 29,913 28,168 28,222 28,396
P/E ratio 16.3 x 28.3 x 20.1 x 17.9 x 29.6 x 22.7 x 17.3 x 14.3 x
Yield - - - - - - - -
Capitalization / Revenue 0.84 x 0.86 x 1.28 x 0.77 x 0.87 x 0.75 x 0.69 x 0.63 x
EV / Revenue 0.91 x 0.9 x 1.3 x 0.79 x 0.94 x 0.8 x 0.73 x 0.67 x
EV / EBITDA 10.6 x 11.3 x 11.8 x 8.28 x 13.5 x 11.6 x 9.73 x 8.67 x
EV / FCF 17.5 x 29.9 x 18.8 x 17.7 x 171 x 28.5 x 19.9 x 15.6 x
FCF Yield 5.71% 3.34% 5.32% 5.66% 0.59% 3.51% 5.02% 6.43%
Price to Book 3.35 x 3 x 4.24 x 3.21 x - 2.75 x 2.56 x 2.36 x
Nbr of stocks (in thousands) 327,569 327,747 327,982 309,100 297,380 301,604 - -
Reference price 2 61.29 62.72 108.5 76.96 93.09 87.65 87.65 87.65
Announcement Date 2/27/20 2/23/21 2/24/22 2/23/23 2/15/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 23,894 23,826 27,746 30,828 31,949 35,250 38,496 42,265
EBITDA 1 2,064 1,892 3,061 2,924 2,209 2,434 2,899 3,275
EBIT 1 1,260 969.8 1,637 1,512 1,117 1,518 1,682 1,861
Operating Margin 5.27% 4.07% 5.9% 4.9% 3.5% 4.31% 4.37% 4.4%
Earnings before Tax (EBT) 1 1,361 970 2,409 1,658 1,277 1,491 1,985 2,220
Net income 1 1,282 752 1,837 1,407 986 1,184 1,523 1,761
Net margin 5.37% 3.16% 6.62% 4.57% 3.09% 3.36% 3.96% 4.17%
EPS 2 3.770 2.220 5.410 4.290 3.150 3.861 5.067 6.137
Free Cash Flow 1 1,247 715.9 1,914 1,369 175 990 1,417 1,825
FCF margin 5.22% 3% 6.9% 4.44% 0.55% 2.81% 3.68% 4.32%
FCF Conversion (EBITDA) 60.43% 37.83% 62.53% 46.81% 7.92% 40.67% 48.88% 55.72%
FCF Conversion (Net income) 97.25% 95.21% 104.22% 97.27% 17.75% 83.62% 93.04% 103.64%
Dividend per Share 2 - - - - - - - -
Announcement Date 2/27/20 2/23/21 2/24/22 2/23/23 2/15/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 8,550 7,333 7,771 7,530 8,194 7,411 7,720 7,868 8,950 7,935 8,364 8,808 10,088 8,817 9,065
EBITDA 1 1,115 577.2 918.6 605.8 667.8 532.6 503.5 435.6 737 424 447.9 646.8 912.6 589.8 596.6
EBIT 1 592.2 377 516.9 374.4 243.7 37.36 306.4 269.4 504 204 280.9 426.9 636.8 369.1 376.4
Operating Margin 6.93% 5.14% 6.65% 4.97% 2.97% 0.5% 3.97% 3.42% 5.63% 2.57% 3.36% 4.85% 6.31% 4.19% 4.15%
Earnings before Tax (EBT) 1 917.1 392.5 610.7 594.3 60.63 153.1 261.6 231.5 631 119 222.5 425.4 724.4 - -
Net income 1 692 392.3 487.3 446.6 81.11 116.9 201.4 190.6 477 126 198 310.9 519.7 - -
Net margin 8.09% 5.35% 6.27% 5.93% 0.99% 1.58% 2.61% 2.42% 5.33% 1.59% 2.37% 3.53% 5.15% - -
EPS 2 2.040 1.160 1.480 1.380 0.2500 0.3700 0.6400 0.6100 1.550 0.4100 0.6459 1.013 1.702 1.050 1.040
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 2/24/22 5/5/22 8/4/22 10/27/22 2/23/23 4/27/23 7/27/23 10/27/23 2/15/24 5/3/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,773 875 417 416 2,230 1,733 1,786 1,961
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.8591 x 0.4623 x 0.1363 x 0.1423 x 1.01 x 0.7118 x 0.6161 x 0.5985 x
Free Cash Flow 1 1,247 716 1,914 1,369 175 990 1,417 1,825
ROE (net income / shareholders' equity) 22.6% 16.6% 23.5% 17.2% 12.2% 17.7% 19.3% 22.1%
ROA (Net income/ Total Assets) 8.5% 6.47% 9.16% 6.61% 4.58% 4.5% 6.34% 7.41%
Assets 1 15,087 11,622 20,056 21,295 21,531 26,311 24,006 23,765
Book Value Per Share 2 18.30 20.90 25.60 24.00 - 31.90 34.20 37.20
Cash Flow per Share 3.590 5.410 6.960 - - - - -
Capex 1 294 267 210 260 305 315 307 326
Capex / Sales 1.23% 1.12% 0.76% 0.84% 0.95% 0.89% 0.8% 0.77%
Announcement Date 2/27/20 2/23/21 2/24/22 2/23/23 2/15/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
87.65 USD
Average target price
103.3 USD
Spread / Average Target
+17.89%
Consensus
  1. Stock Market
  2. Equities
  3. CBRE Stock
  4. Financials CBRE Group, Inc.