COSTAR GROUP INC (CSGP) Stock Fundamental Analysis
NASDAQ:CSGP - Nasdaq - US22160N1090 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to CSGP. CSGP was compared to 65 industry peers in the Real Estate Management & Development industry. Both the profitability and the financial health of CSGP get a neutral evaluation. Nothing too spectacular is happening here. CSGP is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CSGP was profitable.
CSGP had a positive operating cash flow in the past year.
In the past 5 years CSGP has always been profitable.
CSGP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CSGP's Return On Assets of 1.12% is fine compared to the rest of the industry. CSGP outperforms 69.23% of its industry peers.
The Return On Equity of CSGP (1.37%) is better than 69.23% of its industry peers.
CSGP has a Return On Invested Capital of 0.03%. This is comparable to the rest of the industry: CSGP outperforms 56.92% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CSGP is below the industry average of 5.47%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 1.37% | ||
| ROIC | 0.03% |
ROA(3y)3.37%
ROA(5y)3.48%
ROE(3y)4.11%
ROE(5y)4.33%
ROIC(3y)2.11%
ROIC(5y)2.77%
1.3 Margins
CSGP has a Profit Margin of 4.17%. This is in the better half of the industry: CSGP outperforms 76.92% of its industry peers.
CSGP's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 0.17%, CSGP is in line with its industry, outperforming 56.92% of the companies in the same industry.
CSGP's Operating Margin has declined in the last couple of years.
CSGP's Gross Margin of 79.71% is amongst the best of the industry. CSGP outperforms 92.31% of its industry peers.
In the last couple of years the Gross Margin of CSGP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.17% | ||
| PM (TTM) | 4.17% | ||
| GM | 79.71% |
OM growth 3Y-80.23%
OM growth 5Y-63.35%
PM growth 3Y-30.42%
PM growth 5Y-25.78%
GM growth 3Y-0.84%
GM growth 5Y0.06%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CSGP is destroying value.
Compared to 1 year ago, CSGP has more shares outstanding
The number of shares outstanding for CSGP has been increased compared to 5 years ago.
Compared to 1 year ago, CSGP has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 11.87 indicates that CSGP is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 11.87, CSGP belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
A Debt/Equity ratio of 0.12 indicates that CSGP is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.12, CSGP is doing good in the industry, outperforming 75.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 11.87 |
ROIC/WACC0
WACC8.74%
2.3 Liquidity
A Current Ratio of 6.01 indicates that CSGP has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 6.01, CSGP belongs to the top of the industry, outperforming 87.69% of the companies in the same industry.
A Quick Ratio of 6.01 indicates that CSGP has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 6.01, CSGP belongs to the best of the industry, outperforming 90.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.01 | ||
| Quick Ratio | 6.01 |
3. Growth
3.1 Past
The earnings per share for CSGP have decreased strongly by -22.12% in the last year.
The Earnings Per Share has been decreasing by -6.71% on average over the past years.
Looking at the last year, CSGP shows a quite strong growth in Revenue. The Revenue has grown by 11.28% in the last year.
CSGP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.35% yearly.
EPS 1Y (TTM)-22.12%
EPS 3Y-14.08%
EPS 5Y-6.71%
EPS Q2Q%90%
Revenue 1Y (TTM)11.28%
Revenue growth 3Y12.07%
Revenue growth 5Y14.35%
Sales Q2Q%11.62%
3.2 Future
Based on estimates for the next years, CSGP will show a very strong growth in Earnings Per Share. The EPS will grow by 33.25% on average per year.
Based on estimates for the next years, CSGP will show a quite strong growth in Revenue. The Revenue will grow by 11.84% on average per year.
EPS Next Y13.62%
EPS Next 2Y37.92%
EPS Next 3Y39.9%
EPS Next 5Y33.25%
Revenue Next Year14.71%
Revenue Next 2Y13.53%
Revenue Next 3Y13.37%
Revenue Next 5Y11.84%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 99.26 indicates a quite expensive valuation of CSGP.
CSGP's Price/Earnings ratio is a bit cheaper when compared to the industry. CSGP is cheaper than 61.54% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.15. CSGP is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 58.70, CSGP can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, CSGP is valued a bit cheaper than 70.77% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CSGP to the average of the S&P500 Index (21.60), we can say CSGP is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 99.26 | ||
| Fwd PE | 58.7 |
4.2 Price Multiples
CSGP's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 185.12 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CSGP's earnings are expected to grow with 39.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)7.29
PEG (5Y)N/A
EPS Next 2Y37.92%
EPS Next 3Y39.9%
5. Dividend
5.1 Amount
No dividends for CSGP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
80.4
-0.36 (-0.45%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners106.52%
Inst Owner Change4.21%
Ins Owners0.7%
Ins Owner Change13.91%
Market Cap33.92B
Analysts79.09
Price Target89.72 (11.59%)
Short Float %4.03%
Short Ratio5.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)52.49%
Min EPS beat(2)13.92%
Max EPS beat(2)91.05%
EPS beat(4)4
Avg EPS beat(4)49.43%
Min EPS beat(4)13.92%
Max EPS beat(4)91.05%
EPS beat(8)7
Avg EPS beat(8)31.23%
EPS beat(12)11
Avg EPS beat(12)26.73%
EPS beat(16)15
Avg EPS beat(16)23%
Revenue beat(2)0
Avg Revenue beat(2)-1.37%
Min Revenue beat(2)-1.67%
Max Revenue beat(2)-1.07%
Revenue beat(4)0
Avg Revenue beat(4)-1.77%
Min Revenue beat(4)-2.45%
Max Revenue beat(4)-1.07%
Revenue beat(8)0
Avg Revenue beat(8)-1.68%
Revenue beat(12)0
Avg Revenue beat(12)-1.66%
Revenue beat(16)1
Avg Revenue beat(16)-1.47%
PT rev (1m)-0.25%
PT rev (3m)2.7%
EPS NQ rev (1m)1.17%
EPS NQ rev (3m)-26.73%
EPS NY rev (1m)-5.65%
EPS NY rev (3m)-24.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.1%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)3.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 99.26 | ||
| Fwd PE | 58.7 | ||
| P/S | 12.06 | ||
| P/FCF | N/A | ||
| P/OCF | 110.78 | ||
| P/B | 3.96 | ||
| P/tB | 8.64 | ||
| EV/EBITDA | 185.12 |
EPS(TTM)0.81
EY1.01%
EPS(NY)1.37
Fwd EY1.7%
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)0.73
OCFY0.9%
SpS6.67
BVpS20.28
TBVpS9.31
PEG (NY)7.29
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 1.37% | ||
| ROCE | 0.05% | ||
| ROIC | 0.03% | ||
| ROICexc | 0.06% | ||
| ROICexgc | 0.31% | ||
| OM | 0.17% | ||
| PM (TTM) | 4.17% | ||
| GM | 79.71% | ||
| FCFM | N/A |
ROA(3y)3.37%
ROA(5y)3.48%
ROE(3y)4.11%
ROE(5y)4.33%
ROIC(3y)2.11%
ROIC(5y)2.77%
ROICexc(3y)5.52%
ROICexc(5y)6.72%
ROICexgc(3y)37.51%
ROICexgc(5y)65.24%
ROCE(3y)3%
ROCE(5y)3.93%
ROICexcg growth 3Y-84.93%
ROICexcg growth 5Y-68.06%
ROICexc growth 3Y-79.71%
ROICexc growth 5Y-61.67%
OM growth 3Y-80.23%
OM growth 5Y-63.35%
PM growth 3Y-30.42%
PM growth 5Y-25.78%
GM growth 3Y-0.84%
GM growth 5Y0.06%
F-Score5
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.04 | ||
| Cap/Depr | 209.32% | ||
| Cap/Sales | 11.98% | ||
| Interest Coverage | 0.16 | ||
| Cash Conversion | 184.79% | ||
| Profit Quality | N/A | ||
| Current Ratio | 6.01 | ||
| Quick Ratio | 6.01 | ||
| Altman-Z | 11.87 |
F-Score5
WACC8.74%
ROIC/WACC0
Cap/Depr(3y)211.68%
Cap/Depr(5y)162.35%
Cap/Sales(3y)11.14%
Cap/Sales(5y)9.21%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-22.12%
EPS 3Y-14.08%
EPS 5Y-6.71%
EPS Q2Q%90%
EPS Next Y13.62%
EPS Next 2Y37.92%
EPS Next 3Y39.9%
EPS Next 5Y33.25%
Revenue 1Y (TTM)11.28%
Revenue growth 3Y12.07%
Revenue growth 5Y14.35%
Sales Q2Q%11.62%
Revenue Next Year14.71%
Revenue Next 2Y13.53%
Revenue Next 3Y13.37%
Revenue Next 5Y11.84%
EBIT growth 1Y-97.13%
EBIT growth 3Y-77.85%
EBIT growth 5Y-58.09%
EBIT Next Year2992.86%
EBIT Next 3Y329.28%
EBIT Next 5Y148.69%
FCF growth 1Y-108.27%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-35%
OCF growth 3Y-5.8%
OCF growth 5Y-3.03%