| 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 | $35B | |||||
| 2021 | - | - (-) | P/E Ratio | 293 | Total Asset | $9B | |||||
| 2022 | $405M | - (-) | Net Income | $139M | Total Debt | $992M | |||||
| 2023 | $385M | -4.8% (-15.2%) | EBITDA | $152M | Total Liab | $2B | |||||
| 2024 | $347M | -9.9% (-19.9%) | Opr Margin | 0.00 | Debt/Equity | 0.13 | |||||
| 2025 | $-245M | -170.8% (-163.5%) | PreTax Margin | 0.17 | BV/Share | 11 | |||||
| 5Y Average FCF | $223M | -61.8% (-66.2%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (4.0%) | ||||||||||
| 2026 | $232M | MBG Intrinsic Value | $3 | ||||||||
| 2027 | $241M | ||||||||||
| 2028 | $251M | ||||||||||
| 2029 | $261M | ||||||||||
| 2030 | $271M | ||||||||||
| 2031 | $282M | ||||||||||
| Terminal Value | $6B | Net Worth/Share | $18 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $5B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $5B | $21 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $992M | WACC | 7.3% | 19 | 20 | 21 | 22 | 23 | |||
| Equity Value | $9B | 7.4% | 19 | 20 | 21 | 22 | 23 | ||||
| Shares Outstanding | 421,887,008 | 7.4% | 19 | 20 | 21 | 22 | 23 | ||||
| 7.9% | 18 | 19 | 20 | 20 | 21 | ||||||
| DCF Intrinsic Value | $21 | 8.4% | 18 | 18 | 19 | 19 | 20 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||