COSTAR GROUP INC (CSGP) Stock Fundamental Analysis
NASDAQ:CSGP - Nasdaq - US22160N1090 - Common Stock - Currency: USD
Taking everything into account, CSGP scores 4 out of 10 in our fundamental rating. CSGP was compared to 64 industry peers in the Real Estate Management & Development industry. CSGP has only an average score on both its financial health and profitability. CSGP does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year CSGP was profitable.
In the past year CSGP had a positive cash flow from operations.
CSGP had positive earnings in 4 of the past 5 years.
CSGP had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
CSGP has a Return On Assets of 1.92%. This is in the better half of the industry: CSGP outperforms 75.00% of its industry peers.
Looking at the Return On Equity, with a value of 2.34%, CSGP is in the better half of the industry, outperforming 68.33% of the companies in the same industry.
CSGP has a Return On Invested Capital (0.30%) which is comparable to the rest of the industry.
CSGP had an Average Return On Invested Capital over the past 3 years of 3.82%. This is in line with the industry average of 4.87%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 2.34% | ||
| ROIC | 0.3% |
ROA(3y)4.21%
ROA(5y)4.82%
ROE(3y)5.2%
ROE(5y)5.82%
ROIC(3y)3.82%
ROIC(5y)4.45%
1.3 Margins
The Profit Margin of CSGP (6.58%) is better than 81.67% of its industry peers.
CSGP's Profit Margin has declined in the last couple of years.
CSGP has a Operating Margin (1.28%) which is comparable to the rest of the industry.
CSGP's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 79.23%, CSGP belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
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 | 1.28% | ||
| PM (TTM) | 6.58% | ||
| GM | 79.23% |
OM growth 3Y-12.95%
OM growth 5Y-12.91%
PM growth 3Y3.69%
PM growth 5Y-5.26%
GM growth 3Y-0.58%
GM growth 5Y0.67%
2. Health
2.1 Basic Checks
CSGP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CSGP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 12.96 indicates that CSGP is not in any danger for bankruptcy at the moment.
CSGP's Altman-Z score of 12.96 is amongst the best of the industry. CSGP outperforms 90.00% of its industry peers.
A Debt/Equity ratio of 0.13 indicates that CSGP is not too dependend on debt financing.
CSGP has a better Debt to Equity ratio (0.13) than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 12.96 |
ROIC/WACC0.03
WACC8.93%
2.3 Liquidity
A Current Ratio of 9.63 indicates that CSGP has no problem at all paying its short term obligations.
With an excellent Current ratio value of 9.63, CSGP belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
A Quick Ratio of 9.63 indicates that CSGP has no problem at all paying its short term obligations.
CSGP's Quick ratio of 9.63 is amongst the best of the industry. CSGP outperforms 93.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.63 | ||
| Quick Ratio | 9.63 |
3. Growth
3.1 Past
CSGP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -40.65%.
CSGP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.45% yearly.
EPS 1Y (TTM)-40.65%
EPS 3Y-13.68%
EPS 5Y-6.45%
EPS Q2Q%-21.21%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%10.83%
3.2 Future
CSGP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 43.47% yearly.
Based on estimates for the next years, CSGP will show a quite strong growth in Revenue. The Revenue will grow by 13.64% on average per year.
EPS Next Y48.19%
EPS Next 2Y52.89%
EPS Next 3Y48.3%
EPS Next 5Y43.47%
Revenue Next Year12.77%
Revenue Next 2Y13.91%
Revenue Next 3Y14.88%
Revenue Next 5Y13.64%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 105.19, the valuation of CSGP can be described as expensive.
CSGP's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 29.63, CSGP is valued quite expensively.
Based on the Price/Forward Earnings ratio of 70.98, the valuation of CSGP can be described as expensive.
Based on the Price/Forward Earnings ratio, CSGP is valued a bit cheaper than 68.33% of the companies in the same industry.
CSGP is valuated expensively when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 105.19 | ||
| Fwd PE | 70.98 |
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 | 165.35 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CSGP does not grow enough to justify the current Price/Earnings ratio.
CSGP's earnings are expected to grow with 48.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.18
PEG (5Y)N/A
EPS Next 2Y52.89%
EPS Next 3Y48.3%
5. Dividend
5.1 Amount
CSGP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
76.79
-1.54 (-1.97%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners100.57%
Inst Owner Change2.48%
Ins Owners1.1%
Ins Owner Change-2.56%
Market Cap31.48B
Analysts81.9
Price Target89.91 (17.09%)
Short Float %3.21%
Short Ratio5.24
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)46.37%
Min EPS beat(2)32.76%
Max EPS beat(2)59.97%
EPS beat(4)4
Avg EPS beat(4)35.93%
Min EPS beat(4)1.92%
Max EPS beat(4)59.97%
EPS beat(8)7
Avg EPS beat(8)20.15%
EPS beat(12)11
Avg EPS beat(12)20.34%
EPS beat(16)15
Avg EPS beat(16)18.2%
Revenue beat(2)0
Avg Revenue beat(2)-2.17%
Min Revenue beat(2)-2.45%
Max Revenue beat(2)-1.88%
Revenue beat(4)0
Avg Revenue beat(4)-1.6%
Min Revenue beat(4)-2.45%
Max Revenue beat(4)-1.01%
Revenue beat(8)0
Avg Revenue beat(8)-1.78%
Revenue beat(12)0
Avg Revenue beat(12)-1.61%
Revenue beat(16)2
Avg Revenue beat(16)-1.35%
PT rev (1m)-1.27%
PT rev (3m)-4.79%
EPS NQ rev (1m)-1.91%
EPS NQ rev (3m)-2.62%
EPS NY rev (1m)0.35%
EPS NY rev (3m)-0.15%
Revenue NQ rev (1m)0.6%
Revenue NQ rev (3m)0.28%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 105.19 | ||
| Fwd PE | 70.98 | ||
| P/S | 11.8 | ||
| P/FCF | N/A | ||
| P/OCF | 70.51 | ||
| P/B | 4.2 | ||
| P/tB | 6.6 | ||
| EV/EBITDA | 165.35 |
EPS(TTM)0.73
EY0.95%
EPS(NY)1.08
Fwd EY1.41%
FCF(TTM)-0.44
FCFYN/A
OCF(TTM)1.09
OCFY1.42%
SpS6.51
BVpS18.27
TBVpS11.63
PEG (NY)2.18
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 2.34% | ||
| ROCE | 0.4% | ||
| ROIC | 0.3% | ||
| ROICexc | 0.7% | ||
| ROICexgc | 2.74% | ||
| OM | 1.28% | ||
| PM (TTM) | 6.58% | ||
| GM | 79.23% | ||
| FCFM | N/A |
ROA(3y)4.21%
ROA(5y)4.82%
ROE(3y)5.2%
ROE(5y)5.82%
ROIC(3y)3.82%
ROIC(5y)4.45%
ROICexc(3y)9.39%
ROICexc(5y)9.3%
ROICexgc(3y)72.51%
ROICexgc(5y)89.84%
ROCE(3y)5.07%
ROCE(5y)5.91%
ROICexcg growth 3Y-33.4%
ROICexcg growth 5Y-21.53%
ROICexc growth 3Y-5.27%
ROICexc growth 5Y-8.15%
OM growth 3Y-12.95%
OM growth 5Y-12.91%
PM growth 3Y3.69%
PM growth 5Y-5.26%
GM growth 3Y-0.58%
GM growth 5Y0.67%
F-Score5
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.89 | ||
| Cap/Depr | 459.21% | ||
| Cap/Sales | 23.47% | ||
| Interest Coverage | 1.12 | ||
| Cash Conversion | 261.97% | ||
| Profit Quality | N/A | ||
| Current Ratio | 9.63 | ||
| Quick Ratio | 9.63 | ||
| Altman-Z | 12.96 |
F-Score5
WACC8.93%
ROIC/WACC0.03
Cap/Depr(3y)112.06%
Cap/Depr(5y)86.88%
Cap/Sales(3y)6.61%
Cap/Sales(5y)5.21%
Profit Quality(3y)97.54%
Profit Quality(5y)123.22%
High Growth Momentum
Growth
EPS 1Y (TTM)-40.65%
EPS 3Y-13.68%
EPS 5Y-6.45%
EPS Q2Q%-21.21%
EPS Next Y48.19%
EPS Next 2Y52.89%
EPS Next 3Y48.3%
EPS Next 5Y43.47%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%10.83%
Revenue Next Year12.77%
Revenue Next 2Y13.91%
Revenue Next 3Y14.88%
Revenue Next 5Y13.64%
EBIT growth 1Y-89.96%
EBIT growth 3Y-0.8%
EBIT growth 5Y0.63%
EBIT Next Year-41.48%
EBIT Next 3Y33.47%
EBIT Next 5Y34.44%
FCF growth 1Y-155.18%
FCF growth 3Y-7.48%
FCF growth 5Y2.54%
OCF growth 1Y0.54%
OCF growth 3Y0.23%
OCF growth 5Y7.85%