CSGP CoStar Group
Intrinsic value$23.45
Price (at call)$32.14
Margin of safety
-27.0%
vs market (rating basis)
+20.4%
Model unavailable; showing baseline valuation.
⚠ LLM error: unbalanced JSON in response: '{\n "story": "CoStar is less a property REIT than a data-marketplace hybrid: Apartments.com and LoopNet remain cash cows, but the Homes.com land grab has crushed operating margins (20.7% to -2.2%) and'; using baseline
The story
Value drivers
| AFFO growth (Y1) | 12.0% |
| Terminal AFFO growth | 3.0% |
| AFFO / FFO ratio | 80.0% |
| Beta | 0.73 |
| Failure probability | 0.0% |
| Cost of equity | 8.0% |
Valuation bridge
| PV of AFFO (explicit) | 3.29B |
| PV of terminal value | 6.21B |
| Equity value | 9.50B |
| ÷ shares → per share | $23.45 |
News
neutral +0.10 · 8 articles
- Q2 Earnings Highs And Lows: CoStar (NASDAQ:CSGP) Vs The Rest Of The Data & Business Process Services Stocks
- CoStar Acquires Zonda for $800M, Expanding Into New-Home Data
- Why Zillow's FTC settlement is a clear win for the company
- 3 Profitable Stocks That Concern Us
- Hotel REIT Activity Climbs as Market Fundamentals Improve
- CoStar Group (CSGP) Following Ten X Leadership Change Is The Stock A Bargain
- Does CoStar (CSGP) Pairing New Ten-X Leadership With AI Tools Reframe Its Competitive Moat?
- Is Wall Street Bullish or Bearish on CoStar Group Stock?
Projected AFFO
| Yr | FFO | AFFO | Growth | PV |
|---|---|---|---|---|
| 1 | 437.47M | 349.98M | 12.0% | 324.19M |
| 2 | 485.59M | 388.48M | 11.0% | 333.34M |
| 3 | 534.15M | 427.32M | 10.0% | 339.66M |
| 4 | 582.23M | 465.78M | 9.0% | 342.95M |
| 5 | 628.81M | 503.04M | 8.0% | 343.10M |
| 6 | 672.82M | 538.26M | 7.0% | 340.07M |
| 7 | 713.19M | 570.55M | 6.0% | 333.92M |
| 8 | 748.85M | 599.08M | 5.0% | 324.78M |
| 9 | 778.80M | 623.04M | 4.0% | 312.89M |
| 10 | 802.17M | 641.73M | 3.0% | 298.53M |