AI Panic Gave Us An Altus Group Stock Bargain

Altus Group Limited owns Argus, the industry-standard software for commercial real estate valuation and asset management, benefiting from strong network effects and a wide moat. AIF:CA trades at an attractive 8%+ 2027 free cash flow yield, with FCF growing over 15% annually and net revenue retention exceeding 100%. The company is executing a substantial issuer bid to repurchase up to C$200 million in shares, likely at the high end (C$52/share), retiring 10–12% of shares.