(Z) Zillow C - Overview
Sector: Communication Services | Industry: Internet Content & Information | Exchange: NASDAQ (USA) | Market Cap: 8.315m USD | Total Return: -45.8% in 12m
Avg Turnover: 133M
EPS Trend: 87.9%
Qual. Beats: 0
Rev. Trend: 99.5%
Qual. Beats: 0
Warnings
P/E ratio 145.4
Altman Z'' -2.21 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
No distinct edge detected
Zillow Group, Inc. (Z) operates a multi-faceted digital real estate platform in the United States, facilitating connections between consumers and industry professionals including agents and loan officers. The business model is structured into four primary segments: Residential, Mortgages, Rentals, and Other. Revenue is generated through advertising, software-as-a-service (SaaS) tools for professionals, mortgage originations via Zillow Home Loans, and title and escrow services.
The company maintains a comprehensive brand portfolio that includes Zillow, Trulia, StreetEasy, and HotPads. Historically, companies in the Real Estate Services sub-industry have shifted from simple lead generation toward integrated super-apps that manage the entire transaction lifecycle, from search to closing. This digital transformation allows firms to capture higher margins by offering ancillary services like transaction management and automated scheduling tools.
Investors can evaluate the underlying valuation metrics and historical performance of these business segments on ValueRay. Zillow’s technology suite, including Follow Up Boss and ShowingTime, positions the firm as a software provider for the broader real estate ecosystem beyond its consumer-facing portals.
- Mortgage rate fluctuations directly impact residential transaction volume and premier agent revenue
- Growth in Zillow Home Loans attachment rates drives mortgage segment revenue expansion
- National Association of Realtors settlement changes influence buy-side agent commissions and advertising spend
- Rental market inventory levels and occupancy rates dictate multi-family advertising demand
- Strategic integration of Follow Up Boss and ShowingTime improves software services margins
| Net Income: 61.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 4.70 > 1.0 |
| NWC/Revenue: 34.72% < 20% (prev 55.49%; Δ -20.77% < -1%) |
| CFO/TA 0.09 > 3% & CFO 462.0m > Net Income 61.0m |
| Net Debt (-260.0m) to EBITDA (340.0m): -0.76 < 3 |
| Current Ratio: 2.29 > 1.5 & < 3 |
| Outstanding Shares: last quarter (239.6m) vs 12m ago -6.46% < -2% |
| Gross Margin: 73.34% > 18% (prev 0.76%; Δ 7.26k% > 0.5%) |
| Asset Turnover: 49.09% > 50% (prev 40.11%; Δ 8.97% > 0%) |
| Interest Coverage Ratio: 3.71 > 6 (EBITDA TTM 340.0m / Interest Expense TTM 17.0m) |
| A: 0.18 (Total Current Assets 1.66b - Total Current Liabilities 724.0m) / Total Assets 5.23b |
| B: -0.35 (Retained Earnings -1.81b / Total Assets 5.23b) |
| C: 0.01 (EBIT TTM 63.0m / Avg Total Assets 5.49b) |
| D: -2.22 (Book Value of Equity -1.81b / Total Liabilities 818.0m) |
| Altman-Z'' = -2.21 = D |
| DSRI: 1.14 (Receivables 153.0m/115.0m, Revenue 2.69b/2.31b) |
| GMI: 1.04 (GM 73.34% / 76.44%) |
| AQI: 1.09 (AQ_t 0.67 / AQ_t-1 0.61) |
| SGI: 1.17 (Revenue 2.69b / 2.31b) |
| TATA: -0.08 (NI 61.0m - CFO 462.0m) / TA 5.23b) |
| Beneish M = -2.78 (Cap -4..+1) = A |
As of May 26, 2026, the stock is trading at USD 36.34 with a total of 2,901,500 shares traded.
Over the past week, the price has changed by -3.51%,
over one month by -20.29%,
over three months by -19.80% and
over the past year by -45.77%.
Zillow C has received a consensus analysts rating of 3.43. Therefore, it is recommended to hold Z.
- StrongBuy: 1
- Buy: 1
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 63 | 73.4% |
P/E Trailing = 145.36
P/E Forward = 16.3399
P/S = 3.0875
P/B = 1.9075
P/EG = 0.9315
Revenue TTM = 2.69b USD
EBIT TTM = 63.0m USD
EBITDA TTM = 340.0m USD
Long Term Debt = 80.0m USD (estimated: total debt 429.0m - short term 349.0m)
Short Term Debt = 349.0m USD (from shortTermDebt, last quarter)
Debt = 523.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 94.0m
Net Debt = -260.0m USD (calculated: Debt 523.0m - CCE 783.0m)
Enterprise Value = 8.05b USD (8.31b + Debt 523.0m - CCE 783.0m)
Interest Coverage Ratio = 3.71 (Ebit TTM 63.0m / Interest Expense TTM 17.0m)
EV/FCF = 18.69x (Enterprise Value 8.05b / FCF TTM 431.0m)
FCF Yield = 5.35% (FCF TTM 431.0m / Enterprise Value 8.05b)
FCF Margin = 16.00% (FCF TTM 431.0m / Revenue TTM 2.69b)
Net Margin = 2.27% (Net Income TTM 61.0m / Revenue TTM 2.69b)
Gross Margin = 73.34% ((Revenue TTM 2.69b - Cost of Revenue TTM 718.0m) / Revenue TTM)
Gross Margin QoQ = 73.31% (prev 72.78%)
Tobins Q-Ratio = 1.54 (Enterprise Value 8.05b / Total Assets 5.23b)
Interest Expense / Debt = 3.25% (Interest Expense 17.0m / Debt 523.0m)
Taxrate = 4.17% (2.00m / 48.0m)
NOPAT = 60.4m (EBIT 63.0m * (1 - 4.17%))
Current Ratio = 2.29 (Total Current Assets 1.66b / Total Current Liabilities 724.0m)
Debt / Equity = 0.12 (Debt 523.0m / totalStockholderEquity, last quarter 4.41b)
Debt / EBITDA = -0.76 (Net Debt -260.0m / EBITDA 340.0m)
Debt / FCF = -0.60 (Net Debt -260.0m / FCF TTM 431.0m)
Total Stockholder Equity = 4.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.11% (Net Income 61.0m / Total Assets 5.23b)
RoE = 0.93% (Net Income TTM 61.0m / Total Stockholder Equity 6.57b)
RoCE = 0.95% (EBIT 63.0m / Capital Employed (Equity 6.57b + L.T.Debt 80.0m))
RoIC = 1.24% (NOPAT 60.4m / Invested Capital 4.85b)
WACC = 11.60% (E(8.31b)/V(8.84b) * Re(12.13%) + D(523.0m)/V(8.84b) * Rd(3.25%) * (1-Tc(0.04)))
Discount Rate = 12.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 41.40 | Cagr: 1.13%
[DCF] Terminal Value 68.21% ; FCFF base≈340.2m ; Y1≈390.0m ; Y5≈574.0m
[DCF] Fair Price = 31.84 (EV 5.48b - Net Debt -260.0m = Equity 5.74b / Shares 180.2m; r=11.60% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 87.86 | EPS CAGR: 11.04% | SUE: 0.61 | # QB: 0
Revenue Correlation: 99.45 | Revenue CAGR: 14.30% | SUE: 0.25 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.45 | Chg30d=-14.34% | Revisions=-33% | Analysts=7
EPS next Quarter (2026-09-30): EPS=0.67 | Chg30d=+2.67% | Revisions=+50% | Analysts=7
EPS current Year (2026-12-31): EPS=2.31 | Chg30d=+3.74% | Revisions=+45% | GrowthEPS=+40.6% | GrowthRev=+15.3%
EPS next Year (2027-12-31): EPS=3.02 | Chg30d=+1.36% | Revisions=+27% | GrowthEPS=+30.9% | GrowthRev=+13.1%
[Analyst] Revisions Ratio: +50%