Free Cash Flow to The Firm (FCFF)
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 |
---|---|---|
FCFF | Free cash flow to the firm is the cash flow available to the CoStar Group Inc. suppliers of capital after all operating expenses have been paid and necessary investments in working and fixed capital have been made. | CoStar Group Inc. FCFF decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level. |
Interest Paid, Net of Tax
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).
2 2022 Calculation
Interest paid, tax = Interest paid × EITR
= 29,947 × 24.05% = 7,202
Enterprise Value to FCFF Ratio, Current
Selected Financial Data (US$ in thousands) | |
Enterprise value (EV) | 30,476,681) |
Free cash flow to the firm (FCFF) | 472,888) |
Valuation Ratio | |
EV/FCFF | 64.45 |
Benchmarks | |
EV/FCFF, Industry | |
Industrials | 30.86 |
Based on: 10-K (reporting date: 2022-12-31).
If the company EV/FCFF is lower then the EV/FCFF of benchmark then company is relatively undervalued.
Otherwise, if the company EV/FCFF is higher then the EV/FCFF of benchmark then company is relatively overvalued.
Enterprise Value to FCFF Ratio, Historical
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/FCFF = EV ÷ FCFF
= 25,361,735 ÷ 472,888 = 53.63
Valuation ratio | Description | The company |
---|---|---|
EV/FCFF | Enterprise value to free cash flow to the firm is whole company valuation indicator. | CoStar Group Inc. EV/FCFF ratio decreased from 2020 to 2021 but then slightly increased from 2021 to 2022. |