| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
CSGP Stock Overview
CoStar Group, Inc. provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America.
CoStar Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$59.37 |
| 52 Week High | US$101.05 |
| 52 Week Low | US$49.00 |
| Beta | 0.89 |
| 1 Month Change | -1.03% |
| 3 Month Change | -3.78% |
| 1 Year Change | -29.73% |
| 3 Year Change | 15.69% |
| 5 Year Change | 126.47% |
| Change since IPO | 6,361.69% |
Recent News & Updates
CoStar Group, Inc.'s (NASDAQ:CSGP) Intrinsic Value Is Potentially 30% Above Its Share Price
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of CoStar Group, Inc...
Shareholder Returns
| CSGP | US Professional Services | US Market | |
|---|---|---|---|
| 7D | 4.5% | 2.4% | 1.0% |
| 1Y | -29.7% | -16.4% | -15.1% |
Return vs Industry: CSGP underperformed the US Professional Services industry which returned -16.4% over the past year.
Return vs Market: CSGP underperformed the US Market which returned -15.1% over the past year.
Price Volatility
| CSGP volatility | |
|---|---|
| CSGP Average Weekly Movement | 6.4% |
| Professional Services Industry Average Movement | 6.8% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: CSGP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CSGP's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 4,742 | Andy Florance | https://www.costargroup.com |
CoStar Group, Inc. provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. It offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar COMPS, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information. The company also provides Lease Comps and Analysis, a tool to capture, manage, and maintain lease data; CoStar Lease Analysis; Public Record, a searchable database of commercially-zoned parcels; CoStar Real Estate Manager, a real estate lease administration, portfolio management, and lease accounting compliance software solution; and CoStar Risk Analytics and CoStar Investment Analysis that provides market research, consulting and analysis, portfolio and debt analysis, and management and reporting services, as well as STAR Report that offers benchmarking and analytics services for the hospitality industry.
CoStar Group Fundamentals Summary
| CSGP fundamental statistics | |
|---|---|
| Market Cap | US$23.52b |
| Earnings (TTM) | US$307.67m |
| Revenue (TTM) | US$2.00b |
76.5x
P/E Ratio11.7x
P/S RatioIs CSGP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CSGP income statement (TTM) | |
|---|---|
| Revenue | US$2.00b |
| Cost of Revenue | US$363.97m |
| Gross Profit | US$1.64b |
| Other Expenses | US$1.33b |
| Earnings | US$307.67m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 26, 2022
| Earnings per share (EPS) | 0.78 |
| Gross Margin | 81.82% |
| Net Profit Margin | 15.37% |
| Debt/Equity Ratio | 17.0% |
How did CSGP perform over the long term?
See historical performance and comparisonValuation
Is CoStar Group undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
26.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CSGP ($59.37) is trading below our estimate of fair value ($81.02)
Significantly Below Fair Value: CSGP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CSGP is poor value based on its Price-To-Earnings Ratio (76.5x) compared to the US Professional Services industry average (17x).
PE vs Market: CSGP is poor value based on its Price-To-Earnings Ratio (76.5x) compared to the US market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: CSGP is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: CSGP is overvalued based on its Price-To-Book Ratio (4.1x) compared to the US Professional Services industry average (2.6x).
Future Growth
How is CoStar Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Future Growth Score
4/6Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
23.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSGP's forecast earnings growth (23.8% per year) is above the savings rate (1.9%).
Earnings vs Market: CSGP's earnings (23.8% per year) are forecast to grow faster than the US market (13% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CSGP's revenue (14.9% per year) is forecast to grow faster than the US market (8% per year).
High Growth Revenue: CSGP's revenue (14.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CSGP's Return on Equity is forecast to be low in 3 years time (7.7%).
Past Performance
How has CoStar Group performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
16.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSGP has high quality earnings.
Growing Profit Margin: CSGP's current net profit margins (15.4%) are higher than last year (13.3%).
Past Earnings Growth Analysis
Earnings Trend: CSGP's earnings have grown by 16% per year over the past 5 years.
Accelerating Growth: CSGP's earnings growth over the past year (34.6%) exceeds its 5-year average (16% per year).
Earnings vs Industry: CSGP earnings growth over the past year (34.6%) exceeded the Professional Services industry 32.6%.
Return on Equity
High ROE: CSGP's Return on Equity (5.3%) is considered low.
Financial Health
How is CoStar Group's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CSGP's short term assets ($4.1B) exceed its short term liabilities ($370.2M).
Long Term Liabilities: CSGP's short term assets ($4.1B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: CSGP has more cash than its total debt.
Reducing Debt: CSGP's debt to equity ratio has reduced from 18.1% to 17% over the past 5 years.
Debt Coverage: CSGP's debt is well covered by operating cash flow (51.9%).
Interest Coverage: CSGP's interest payments on its debt are well covered by EBIT (14.6x coverage).
Balance Sheet
Dividend
What is CoStar Group current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CSGP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CSGP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CSGP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CSGP's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as CSGP has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Andy Florance (57 yo)
35.33yrs
Tenure
US$22,164,341
Compensation
Mr. Andrew C. Florance, also known as Andy, founded CoStar Group, Inc. in 1987. Mr. Florance serves as the Chief Executive Officer, President and Director at CoStar Group, Inc. He is a frequent speaker on...
CEO Compensation Analysis
Compensation vs Market: Andy's total compensation ($USD22.16M) is above average for companies of similar size in the US market ($USD13.20M).
Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CSGP's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: CSGP's board of directors are seasoned and experienced ( 11.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CSGP insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CoStar Group, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: CoStar Group, Inc.
- Ticker: CSGP
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Implied Market Cap: US$23.524b
- Shares outstanding: 396.23m
- Website: https://www.costargroup.com
Number of Employees
Location
- CoStar Group, Inc.
- 1331 L Street, NW
- Washington
- District Of Columbia
- 20005
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/26 00:00 |
| End of Day Share Price | 2022/05/26 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.