Stock Analysis on Net
Stock Analysis on Net

CoStar Group Inc. (NASDAQ:CSGP)

This company has been moved to the archive! The financial data has not been updated since July 26, 2023.

Enterprise Value to EBITDA (EV/EBITDA)

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Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)

CoStar Group Inc., EBITDA calculation

US$ in thousands

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12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Net income 369,453 292,564 227,128 314,963 238,334
Add: Income tax expense 117,004 111,404 43,852 75,986 45,681
Earnings before tax (EBT) 486,457 403,968 270,980 390,949 284,015
Add: Interest expense 32,325 32,316 21,794 2,615 2,830
Earnings before interest and tax (EBIT) 518,782 436,284 292,774 393,564 286,845
Add: Depreciation and amortization 137,885 139,558 116,944 81,165 77,743
Earnings before interest, tax, depreciation and amortization (EBITDA) 656,667 575,842 409,718 474,729 364,588

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

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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, Industry
Industrials 21.16

Based on: 10-K (reporting date: 2022-12-31).

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

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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, Industry
Industrials 17.07 16.21 26.87 17.56 —

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).

1 See details »

2 See details »

3 2022 Calculation
EV/EBITDA = EV ÷ EBITDA
= 25,361,735 ÷ 656,667 = 38.62

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.