CoStar Group (MIL:1CSGP) Scaled Net Operating Assets: 0.76 (As of Mar. 2026)


MIL:1CSGP CoStar Group Inc MIL:1CSGP
56 GF Score
Price €26.90
GF Value €95.81
Valuation Significantly Undervalued
! 1 Warning Sign
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What is CoStar Group Scaled Net Operating Assets?

CoStar Group MIL:1CSGP 56 Scaled Net Operating Assets is 0.76 as of Mar. 2026. GuruFocus rates MIL:1CSGP with a GF Score™ of 56/100 and a GF Value™ of €95.81 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CoStar Group's operating assets for the quarter that ended in Mar. 2026 was €7,741 Mil. CoStar Group's operating liabilities for the quarter that ended in Mar. 2026 was €885 Mil. CoStar Group's Total Assets for the quarter that ended in Dec. 2025 was €8,999 Mil. Therefore, CoStar Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.76.

CoStar Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for CoStar Group's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CoStar Group Scaled Net Operating Assets Chart

CoStar Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.44 0.37 0.47 0.77

CoStar Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.52 0.74 0.73 0.76

MIL:1CSGP vs JLL, BEKE, COMP: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, CoStar Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CoStar Group Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, CoStar Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where CoStar Group's Scaled Net Operating Assets falls into.


MIL:1CSGP
56GF Score
CoStar Group Inc MIL:1CSGP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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CoStar Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CoStar Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(7604.87-839.482)/8840.435
=0.77

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8999.452 - 1394.582
=7604.87

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1850.618 - 987.224 - 23.912
=839.482

CoStar Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(7740.885-884.895)/8999.452
=0.76

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8791.86 - 1050.975
=7740.885

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1914.245 - 1005.13 - 24.22
=884.895

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.76 mean?
CoStar Group (MIL:1CSGP) has a Scaled Net Operating Assets of 0.76 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on CoStar Group and its competitors.
Is CoStar Group's Scaled Net Operating Assets too high?
CoStar Group's current Scaled Net Operating Assets is 0.76. Overall, CoStar Group has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CoStar Group's Scaled Net Operating Assets compare to JLL and BEKE?
CoStar Group's Scaled Net Operating Assets of 0.76 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on CoStar Group and its competitors. CoStar Group's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoStar Group stock overvalued right now?
Based on GuruFocus' analysis, CoStar Group (MIL:1CSGP) is currently considered Significantly Undervalued. The stock's GF Value™ is €95.81, compared to a current price of €26.90 — trading 71.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.76. CoStar Group's overall GF Score™ is 56/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For CoStar Group (MIL:1CSGP), the current Scaled Net Operating Assets is 0.76 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CoStar Group (MIL:1CSGP) Overvalued in 2026?

Based on GuruFocus' analysis, CoStar Group stock appears to be undervalued. The current stock price of €26.90 is trading 71.9% below its estimated GF Value™ of €95.81. GuruFocus considers CoStar Group to be Significantly Undervalued.

Key valuation signals for MIL:1CSGP:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: €95.81 vs. price of €26.90 (71.9% below fair value)
  • GF Score™: 56/100 with 1 warning sign

No single metric tells the full story. See the MIL:1CSGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CoStar Group Business Description

Address 1201 Wilson Boulevard, Arlington, VA, USA, 22209
CoStar Group is a global provider of proprietary information, analytics, and online marketplaces serving both commercial and residential real estate. The firm operates through a diverse portfolio of brands, including CoStar Suite for commercial real estate research, LoopNet for commercial listings, Apartments.com for multifamily rentals, and Homes.com for residential brokerage. It primarily sells high-margin software-as-a-service subscriptions that provide institutional clients with forensic property data and premium advertising visibility. With operations across North America, Europe, and Asia-Pacific, CoStar maintains the industry's most comprehensive centralized real estate database, functioning as a critical information utility for brokers, lenders, and owners worldwide.
56GF Score

Get the complete analysis for MIL:1CSGP

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€26.90
Price
€95.81
GF Value