Enterprise Value to EBITDA (EV/EBITDA)
Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
CoStar Group Inc., EBITDA calculation
US$ in thousands
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Item | Description | The company |
|---|---|---|
| EBITDA | To calculate EBITDA analysts start with net earnings. To that earnings number, interest, taxes, depreciation, and amortization are added. EBITDA as a pre-interest number is a flow to all providers of capital. | CoStar Group Inc. EBITDA increased from 2020 to 2021 and from 2021 to 2022. |
Enterprise Value to EBITDA Ratio, Current
CoStar Group Inc., current EV/EBITDA calculation, comparison to benchmarks
| Selected Financial Data (US$ in thousands) | |
| Enterprise value (EV) | 30,476,681) |
| Earnings before interest, tax, depreciation and amortization (EBITDA) | 656,667) |
| Valuation Ratio | |
| EV/EBITDA | 46.41 |
| Benchmarks | |
| EV/EBITDA, Competitors1 | |
| Cintas Corp. | 33.63 |
| EV/EBITDA, Industry | |
| Industrials | 20.48 |
Based on: 10-K (reporting date: 2022-12-31).
1 Click competitor name to see calculations.
If the company EV/EBITDA is lower then the EV/EBITDA of benchmark then company is relatively undervalued.
Otherwise, if the company EV/EBITDA is higher then the EV/EBITDA of benchmark then company is relatively overvalued.
Enterprise Value to EBITDA Ratio, Historical
CoStar Group Inc., historical EV/EBITDA calculation, comparison to benchmarks
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Enterprise value (EV)1 | 25,361,735) | 18,292,660) | 30,185,814) | 23,931,971) | 15,576,296) | |
| Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 656,667) | 575,842) | 409,718) | 474,729) | 364,588) | |
| Valuation Ratio | ||||||
| EV/EBITDA3 | 38.62 | 31.77 | 73.67 | 50.41 | 42.72 | |
| Benchmarks | ||||||
| EV/EBITDA, Competitors4 | ||||||
| Cintas Corp. | 22.20 | 23.81 | 22.07 | 18.91 | — | |
| EV/EBITDA, Industry | ||||||
| Industrials | 16.55 | 16.42 | 30.48 | — | — | |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
3 2022 Calculation
EV/EBITDA = EV ÷ EBITDA
= 25,361,735 ÷ 656,667 = 38.62
4 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| EV/EBITDA | Enterprise value to earnings before interest, tax, depreciation and amortization is a valuation indicator for the overall company rather than common stock. | CoStar Group Inc. EV/EBITDA ratio decreased from 2020 to 2021 but then slightly increased from 2021 to 2022. |