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CoStar Group (FRA:RLG) Cyclically Adjusted Price-to-FCF : 92.71 (As of May. 26, 2024)


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What is CoStar Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), CoStar Group's current share 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 for today is 92.71.

The historical rank and industry rank for CoStar Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:RLG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 71.87   Med: 108.6   Max: 163.76
Current: 93.88

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

FRA:RLG's Cyclically Adjusted Price-to-FCF is ranked worse than
93.66% of 694 companies
in the Real Estate industry
Industry Median: 12.675 vs FRA:RLG: 93.88

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 adjusted free cash flow per share data 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 10 will get our Cyclically Adjusted FCF per Share, which is €0.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CoStar Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CoStar Group's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

CoStar Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.37 156.37 108.13 90.87 91.78

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 Price-to-FCF 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 77.57 95.64 82.11 91.78 105.54

Competitive Comparison of CoStar Group's Cyclically Adjusted Price-to-FCF

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 Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

CoStar Group's Cyclically Adjusted Price-to-FCF for 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.

CoStar Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


CoStar Group  (FRA:RLG) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


CoStar Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of CoStar Group's Cyclically Adjusted Price-to-FCF 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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