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CoStar Group (FRA:RLG) Cyclically Adjusted FCF per Share : €0.85 (As of Mar. 2024)


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What is CoStar Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

CoStar Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.544. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €0.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CoStar Group's average Cyclically Adjusted FCF Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 22.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of CoStar Group was 108.00% per year. The lowest was 17.20% per year. And the median was 22.70% per year.

As of today (2024-05-26), CoStar Group's current stock price is €78.80. CoStar Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.85. CoStar Group's Cyclically Adjusted Price-to-FCF of today is 92.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CoStar Group was 163.76. The lowest was 71.87. And the median was 108.60.


CoStar Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CoStar Group's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CoStar Group Cyclically Adjusted FCF per Share Chart

CoStar Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.48 0.64 0.79 0.86

CoStar Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.87 0.88 0.86 0.85

Competitive Comparison of CoStar Group's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, CoStar Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CoStar Group's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CoStar Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CoStar Group's Cyclically Adjusted Price-to-FCF falls into.



CoStar Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, CoStar Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.544/131.7762*131.7762
=-0.544

Current CPI (Mar. 2024) = 131.7762.

CoStar Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.106 100.560 0.139
201409 0.105 100.428 0.138
201412 0.104 99.070 0.138
201503 0.053 99.621 0.070
201506 -0.026 100.684 -0.034
201509 0.091 100.392 0.119
201512 0.181 99.792 0.239
201603 0.124 100.470 0.163
201606 0.095 101.688 0.123
201609 0.158 101.861 0.204
201612 0.132 101.863 0.171
201703 0.168 102.862 0.215
201706 0.066 103.349 0.084
201709 0.156 104.136 0.197
201712 0.156 104.011 0.198
201803 0.144 105.290 0.180
201806 0.092 106.317 0.114
201809 0.224 106.507 0.277
201812 0.258 105.998 0.321
201903 0.337 107.251 0.414
201906 0.194 108.070 0.237
201909 0.215 108.329 0.262
201912 0.259 108.420 0.315
202003 0.306 108.902 0.370
202006 0.262 108.767 0.317
202009 0.167 109.815 0.200
202012 0.260 109.897 0.312
202103 0.165 111.754 0.195
202106 0.274 114.631 0.315
202109 0.195 115.734 0.222
202112 0.240 117.630 0.269
202203 0.272 121.301 0.295
202206 0.151 125.017 0.159
202209 0.175 125.227 0.184
202212 0.395 125.222 0.416
202303 0.238 127.348 0.246
202306 0.422 128.729 0.432
202309 0.086 129.860 0.087
202312 0.309 129.419 0.315
202403 -0.544 131.776 -0.544

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


CoStar Group  (FRA:RLG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

CoStar Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=78.80/0.85
=92.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CoStar Group was 163.76. The lowest was 71.87. And the median was 108.60.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


CoStar Group Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of CoStar Group's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


CoStar Group (FRA:RLG) Business Description

Industry
Traded in Other Exchanges
Address
1331 L Street, Northwest, WA, USA, 20005
CoStar Group is a leading provider of commercial real estate data and marketplace listing platforms. Its data offering contains in-depth analytical information on over 5 million commercial real estate properties related to various subsectors including office, retail, multifamily, healthcare, industrial, self-storage, and data centers. It operates many flagship brands such as CoStar Suite, LoopNet, Apartments.com, BizBuySell, and LandsofAmerica, with more than 80% of its revenue classified as subscription-based. The company also recently expanded its presence in Canada, the United Kingdom, Spain, and France.

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