Added to YB: 2026-07-15
Pitch date: 2026-07-13
CSGP [neutral]
CoStar Group, Inc.
+2.52%
current return
Author Info
Company Info
CoStar Group, Inc. provides information, analytics, and online marketplace services to real estate and related business communities in the United States, Australia, Canada, Europe, the Asia Pacific, and Latin America.
Market Cap
$11.7B
Pitch Price
$27.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
37.54
P/E
480.38
EV/Sales
3.43
Sector
Real Estate Management and Development
Category
value
CoStar (CSGP): Down 58%, and Still Not Cheap
CSGP (pass): Elite Commercial CRE data franchise (34% EBITDA margin, 92-94% renewals) at $28.39, -58% YTD. Trades 14.2x EV/EBITDA (own terminal multiple), 0.1% FCF yield—not cheap. SOTP values Residential ~$0. Core bookings falling 3 straight qtrs. Wait for July 28 Residential breakeven; bear case ~$19-20s.
Read full article (5 min)