
Costar Group: Real Estate Data Leader with Consistent Growth, Trading at a Premium
🏢 Costar Group is a leading provider of information, analytics, and marketing services to the commercial real estate industry.
📈 The company has demonstrated consistent growth in both sales and profits over the years.
💰 Despite a dip in profits in 2024 due to increased investments, Costar maintains a strong net cash position.
⚠️ However, even after normalizing profits, the stock is trading at a high multiple of over 60 times earnings.