| Intrinsic Valuation of: CSGP | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 0 | Market Cap | $13B | |||||
| 2021 | - | - (-) | P/E Ratio | 467 | Total Asset | $11B | |||||
| 2022 | $385M | - (-) | Net Income | $7M | Total Debt | $993M | |||||
| 2023 | $347M | -9.8% (-19.9%) | EBITDA | $191M | Total Liab | $2B | |||||
| 2024 | $-245M | -170.6% (-163.4%) | Opr Margin | -2.22 | Debt/Equity | 0.12 | |||||
| 2025 | $41M | 116.7% (114.1%) | PreTax Margin | -2.22 | BV/Share | 4 | |||||
| 5Y Average FCF | $132M | 3.5% (-23.1%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.48% | Historical US Bond Yield: | 4.40% | ||||||||
| Discount Rate (WACC): | 7.40% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (3.5%) | ||||||||||
| 2026 | $110M | MBG Intrinsic Value | $1 | ||||||||
| 2027 | $113M | ||||||||||
| 2028 | $117M | ||||||||||
| 2029 | $120M | ||||||||||
| 2030 | $123M | ||||||||||
| 2031 | $126M | ||||||||||
| Terminal Value | $3B | Net Worth/Share | $20 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $2B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $2B | $7 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $993M | WACC | 6.5% | 7 | 8 | 8 | 9 | 10 | |||
| Equity Value | $3B | 7.2% | 7 | 7 | 7 | 8 | 9 | ||||
| Shares Outstanding | 408,355,715 | 8.0% | 6 | 6 | 7 | 7 | 7 | ||||
| 8.7% | 6 | 6 | 6 | 6 | 7 | ||||||
| DCF Intrinsic Value | $7 | 9.4% | 5 | 5 | 6 | 6 | 6 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||