CSGP CoStar Group
too hard · 51
Owner-earnings value$7.07
Price$27.63
Margin of safety
-74.4%
Quality gate · 51/100
⚠ sub-hurdle returns (median roic 1% < 9%)
Median ROIC1.1%
Gross margin78.7%
Net debt / EBITDA-1.1x
FCF conversion59%
Share count / yr+0.9%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 120.60M |
| Owner-earnings yield | 1.1% |
| Free-cash-flow yield | 2.0% |
| Growth used (normalized) | 10.0% |
| Market-implied growth (reverse DCF) | 25.0% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 9.0% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 115.74M | 10.0% | 106.19M |
| 2 | 126.42M | 9.2% | 106.40M |
| 3 | 137.09M | 8.4% | 105.86M |
| 4 | 147.60M | 7.7% | 104.57M |
| 5 | 157.77M | 6.9% | 102.54M |
| 6 | 167.41M | 6.1% | 99.82M |
| 7 | 176.34M | 5.3% | 96.47M |
| 8 | 184.38M | 4.6% | 92.53M |
| 9 | 191.34M | 3.8% | 88.10M |
| 10 | 197.08M | 3.0% | 83.25M |
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Net cash 0.4B credited to value (interest stripped from owner earnings to avoid double-counting). · Price pays for ~25%/yr owner-earnings growth over 10y (reverse DCF); model credits 10%.