(Z) Zillow C - Ratings and Ratios
Marketplace, Mortgages, Software, Advertising, Rentals
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 43.6% |
| Value at Risk 5%th | 65.0% |
| Relative Tail Risk | -9.37% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.24 |
| Alpha | -28.04 |
| CAGR/Max DD | 0.67 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.407 |
| Beta | 1.122 |
| Beta Downside | 1.112 |
| Drawdowns 3y | |
|---|---|
| Max DD | 37.48% |
| Mean DD | 12.94% |
| Median DD | 11.11% |
Description: Z Zillow C October 16, 2025
Zillow Group Inc. (NASDAQ: Z) operates a suite of U.S. real-estate brands-including Zillow, Trulia, StreetEasy, HotPads and Out East-delivering consumer-facing marketplaces for agents, rentals, new-construction listings, and mortgage services, as well as B2B SaaS tools such as dotloop, ShowingTime+, Spruce and Follow Up Boss.
Key performance metrics from the most recent quarter (Q3 2024) show revenue of $1.42 billion, up 6 % YoY, driven primarily by a 12 % rise in advertising spend on the Premier Agent platform and a 9 % increase in mortgage-originations volume. The company reported 115 million monthly active users across its digital properties, with a 4 % year-over-year growth in average listings per user-a leading indicator of market engagement.
Fundamental economic drivers for Zillow include U.S. housing inventory levels (currently at a 3-year low of 1.2 million homes), mortgage-rate volatility (the 30-year fixed rate hovering around 7 % as of October 2025), and broader digital-ad spend trends in real-estate services, which have been rising at ~5 % CAGR. These factors create both upside potential for transaction-related revenue and downside risk if rates remain elevated, suppressing buyer demand.
Given the interplay of housing-market fundamentals and Zillow’s diversified SaaS revenue stream, a deeper dive into the company’s unit economics and competitive positioning on platforms like ValueRay could help clarify its long-term valuation prospects.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income (-32.0m TTM) > 0 and > 6% of Revenue (6% = 149.0m TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA 0.69pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 61.82% (prev 84.18%; Δ -22.36pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.07 (>3.0%) and CFO 418.0m > Net Income -32.0m (YES >=105%, WARN >=100%) |
| Net Debt (-507.0m) to EBITDA (271.0m) ratio: -1.87 <= 3.0 (WARN <= 3.5) |
| Current Ratio 3.63 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (256.2m) change vs 12m ago 10.20% (target <= -2.0% for YES) |
| Gross Margin 74.87% (prev 76.44%; Δ -1.57pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 41.88% (prev 35.01%; Δ 6.88pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -0.38 (EBITDA TTM 271.0m / Interest Expense TTM 21.0m) >= 6 (WARN >= 3) |
Altman Z'' -2.07
| (A) 0.27 = (Total Current Assets 2.12b - Total Current Liabilities 584.0m) / Total Assets 5.70b |
| (B) -0.33 = Retained Earnings (Balance) -1.86b / Total Assets 5.70b |
| (C) -0.00 = EBIT TTM -8.00m / Avg Total Assets 5.93b |
| (D) -2.63 = Book Value of Equity -1.86b / Total Liabilities 706.0m |
| Total Rating: -2.07 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 42.35
| 1. Piotroski 3.50pt |
| 2. FCF Yield 1.66% |
| 3. FCF Margin 10.63% |
| 4. Debt/Equity 0.07 |
| 5. Debt/Ebitda -1.87 |
| 6. ROIC - WACC (= -10.08)% |
| 7. RoE -0.66% |
| 8. Rev. Trend -51.61% |
| 9. EPS Trend 36.92% |
What is the price of Z shares?
Over the past week, the price has changed by +9.12%, over one month by -3.02%, over three months by -13.12% and over the past year by -12.27%.
Is Z a buy, sell or hold?
- Strong Buy: 0
- Buy: 1
- Hold: 4
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the Z price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 86.7 | 16.5% |
| Analysts Target Price | 86.7 | 16.5% |
| ValueRay Target Price | 72.9 | -2.1% |
Z Fundamental Data Overview November 25, 2025
P/E Forward = 34.8432
P/S = 6.9379
P/B = 3.4509
P/EG = 1.4519
Beta = 2.07
Revenue TTM = 2.48b USD
EBIT TTM = -8.00m USD
EBITDA TTM = 271.0m USD
Long Term Debt = 95.0m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 285.0m USD (from shortTermDebt, last quarter)
Debt = 367.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -507.0m USD (from netDebt column, last quarter)
Enterprise Value = 15.91b USD (17.23b + Debt 367.0m - CCE 1.68b)
Interest Coverage Ratio = -0.38 (Ebit TTM -8.00m / Interest Expense TTM 21.0m)
FCF Yield = 1.66% (FCF TTM 264.0m / Enterprise Value 15.91b)
FCF Margin = 10.63% (FCF TTM 264.0m / Revenue TTM 2.48b)
Net Margin = -1.29% (Net Income TTM -32.0m / Revenue TTM 2.48b)
Gross Margin = 74.87% ((Revenue TTM 2.48b - Cost of Revenue TTM 624.0m) / Revenue TTM)
Gross Margin QoQ = 72.63% (prev 74.66%)
Tobins Q-Ratio = 2.79 (Enterprise Value 15.91b / Total Assets 5.70b)
Interest Expense / Debt = 0.82% (Interest Expense 3.00m / Debt 367.0m)
Taxrate = 16.67% (2.00m / 12.0m)
NOPAT = -6.67m (EBIT -8.00m * (1 - 16.67%)) [loss with tax shield]
Current Ratio = 3.63 (Total Current Assets 2.12b / Total Current Liabilities 584.0m)
Debt / Equity = 0.07 (Debt 367.0m / totalStockholderEquity, last quarter 4.99b)
Debt / EBITDA = -1.87 (Net Debt -507.0m / EBITDA 271.0m)
Debt / FCF = -1.92 (Net Debt -507.0m / FCF TTM 264.0m)
Total Stockholder Equity = 4.83b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.56% (Net Income -32.0m / Total Assets 5.70b)
RoE = -0.66% (Net Income TTM -32.0m / Total Stockholder Equity 4.83b)
RoCE = -0.16% (EBIT -8.00m / Capital Employed (Equity 4.83b + L.T.Debt 95.0m))
RoIC = -0.13% (negative operating profit) (NOPAT -6.67m / Invested Capital 5.25b)
WACC = 9.95% (E(17.23b)/V(17.59b) * Re(10.15%) + D(367.0m)/V(17.59b) * Rd(0.82%) * (1-Tc(0.17)))
Discount Rate = 10.15% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 4.88%
[DCF Debug] Terminal Value 61.58% ; FCFE base≈255.6m ; Y1≈167.8m ; Y5≈76.7m
Fair Price DCF = 5.95 (DCF Value 1.11b / Shares Outstanding 186.2m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 36.92 | EPS CAGR: 131.6% | SUE: 0.0 | # QB: 0
Revenue Correlation: -51.61 | Revenue CAGR: -37.26% | SUE: 0.53 | # QB: 0
Additional Sources for Z Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle