Costar Group Stock Return On Asset
| CSGP Stock | USD 89.88 1.46 1.60% |
CoStar Group fundamentals help investors to digest information that contributes to CoStar's financial success or failures. It also enables traders to predict the movement of CoStar Stock. The fundamental analysis module provides a way to measure CoStar's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CoStar stock.
As of 05/11/2024, Return On Assets is likely to grow to 0.04. CoStar | Return On Asset |
CoStar Group Company Return On Asset Analysis
CoStar's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current CoStar Return On Asset | 0.0119 |
Most of CoStar's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CoStar Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
CoStar Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for CoStar is extremely important. It helps to project a fair market value of CoStar Stock properly, considering its historical fundamentals such as Return On Asset. Since CoStar's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CoStar's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CoStar's interrelated accounts and indicators.
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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CoStar Total Assets
Total Assets |
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Based on the latest financial disclosure, CoStar Group has a Return On Asset of 0.0119. This is 97.47% lower than that of the Professional Services sector and 100.29% lower than that of the Industrials industry. The return on asset for all United States stocks is 108.5% lower than that of the firm.
CoStar Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CoStar's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CoStar could also be used in its relative valuation, which is a method of valuing CoStar by comparing valuation metrics of similar companies.CoStar is currently under evaluation in return on asset category among related companies.
CoStar ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CoStar's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CoStar's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
CoStar Fundamentals
| Return On Equity | 0.0411 | ||||
| Return On Asset | 0.0119 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 32.86 B | ||||
| Shares Outstanding | 408.34 M | ||||
| Shares Owned By Insiders | 1.18 % | ||||
| Shares Owned By Institutions | 98.82 % | ||||
| Number Of Shares Shorted | 9.3 M | ||||
| Price To Earning | 94.53 X | ||||
| Price To Book | 5.03 X | ||||
| Price To Sales | 15.03 X | ||||
| Revenue | 2.46 B | ||||
| Gross Profit | 1.77 B | ||||
| EBITDA | 389.8 M | ||||
| Net Income | 374.7 M | ||||
| Cash And Equivalents | 4.77 B | ||||
| Cash Per Share | 11.74 X | ||||
| Total Debt | 1.11 B | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 15.36 X | ||||
| Book Value Per Share | 17.94 X | ||||
| Cash Flow From Operations | 489.5 M | ||||
| Short Ratio | 3.61 X | ||||
| Earnings Per Share | 0.72 X | ||||
| Price To Earnings To Growth | 8.64 X | ||||
| Target Price | 104.17 | ||||
| Number Of Employees | 6.15 K | ||||
| Beta | 0.84 | ||||
| Market Capitalization | 36.7 B | ||||
| Total Asset | 8.92 B | ||||
| Retained Earnings | 2.2 B | ||||
| Working Capital | 5.02 B | ||||
| Current Asset | 472.73 M | ||||
| Current Liabilities | 135.28 M | ||||
| Net Asset | 8.92 B |
About CoStar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CoStar Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CoStar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CoStar Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with CoStar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CoStar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CoStar will appreciate offsetting losses from the drop in the long position's value.Moving together with CoStar Stock
| 0.72 | BV | BrightView Holdings Fiscal Year End 21st of November 2024 | PairCorr |
| 0.61 | LZ | LegalZoom Buyout Trend | PairCorr |
Moving against CoStar Stock
| 0.42 | DLHC | DLH Holdings Corp Fiscal Year End 4th of December 2024 | PairCorr |
The ability to find closely correlated positions to CoStar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CoStar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CoStar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CoStar Group to buy it.
The correlation of CoStar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CoStar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CoStar Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CoStar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out CoStar Piotroski F Score and CoStar Altman Z Score analysis. Note that the CoStar Group information on this page should be used as a complementary analysis to other CoStar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for CoStar Stock analysis
When running CoStar's price analysis, check to measure CoStar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CoStar is operating at the current time. Most of CoStar's value examination focuses on studying past and present price action to predict the probability of CoStar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoStar's price. Additionally, you may evaluate how the addition of CoStar to your portfolios can decrease your overall portfolio volatility.
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Is CoStar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CoStar. If investors know CoStar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CoStar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Earnings Share 0.72 | Revenue Per Share 6.231 | Quarterly Revenue Growth 0.123 | Return On Assets 0.0119 |
The market value of CoStar Group is measured differently than its book value, which is the value of CoStar that is recorded on the company's balance sheet. Investors also form their own opinion of CoStar's value that differs from its market value or its book value, called intrinsic value, which is CoStar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CoStar's market value can be influenced by many factors that don't directly affect CoStar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CoStar's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoStar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoStar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.