07:44:08 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Colliers International Group Inc
Symbol CIGI
Shares Issued 37,887,442
Close 2019-01-29 C$ 81.82
Market Cap C$ 3,099,950,504
Recent Sedar Documents

Globe says Rogers, others creating shareholder wealth

2019-01-29 08:16 ET - In the News

See In the News (C-RCI) Rogers Communications Inc

The Globe and Mail reports in its Tuesday, Jan. 29, edition that stocks made a sharp pullback in December. The Globe's guest columnist Noor Hussain writes in the Number Cruncher column that the recent rebound, however, makes it a good time to look for Canadian stocks that have a sustainable performance and are trading in an attractive price range. Ms. Hussain's picks needed to have a capitalization of more than $1-billion. She looked for stocks with positive 12-month change in the economic value-added (EVA) metric -- a positive figure shows the company's profit is increasing at a greater pace than the cost of capital. The EVA is the economic profit generated by the company and is calculated as the net operating profit after tax minus capital expenses. Her picks also needed to have an economic performance index (EPI) of more than one and a positive EPI 12-month change. Ms. Hussain says this is a key criterion as it calculates the return on capital to cost of capital. Her picks needed to have free-cash-flow-to-capital ratio greater than 5 per cent. Stocks that made the grade for Ms. Hussain are Rogers Communications, FirstService, Waste Connections, Colliers International Group and Parex Resources.

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