External reports (aggregated public sources), Value Investors Club

Value Investors Club (VIC)

External reports (aggregated public sources)

Value Investors Club

Equity Bottom-Up

Key points (machine generated)<ul><li>The author recommends a long position in Zillow, arguing that negative perceptions are overstated.</li><li>Zillow's profitability is expected to improve with its residential super-app strategy, potentially doubling or tripling stock price.</li><li>The investment thesis has become less risky since early 2022, with potential for a rebound in housing turnover.</li></ul>This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Key points (machine generated)The author recommends a long position in Zillow, arguing that negative perceptions are overstated.Zillow's profitability is expected to improve with its residential super-app strategy, potentially doubling or tripling stock price.The investment thesis has become less risky since early 2022, with potential for a rebound in housing turnover.This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Zillow Group Inc (ZG) - Tuesday, Jul 15, 2025

SPAC Deep Dive, subSPAC

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SPAC Deep Dive

Each week we’ll identify and break down for you SPACs that are capturing market share and making an impact.

Equity Capital Markets

<ul><li>PropertyGuru is now the leading property technology platform in Southeast Asia</li><li>The company now serves 37 million buyers across 16 countries and works with 50,000 partner agents across its network</li><li>PropertyGuru is set to go public over the next few months through a SPAC merger with Bridgetown 2 Holdings, in a deal that values the firm at $1.78 billion</li></ul>

PropertyGuru is now the leading property technology platform in Southeast AsiaThe company now serves 37 million buyers across 16 countries and works with 50,000 partner agents across its networkPropertyGuru is set to go public over the next few months through a SPAC merger with Bridgetown 2 Holdings, in a deal that values the firm at $1.78 billion

Will PropertyGuru Face the Same Fate as Zillow

Analysis on GARP with strong economic moats, Moat Investing

Moat Investing

Analysis on GARP with strong economic moats

We are a group of experienced investors that like to dig deeper into stocks to find growth stories at a reasonable price with strong economic moats. We also aim to conduct high-quality analysis by doing deep dive on valuations, key business drivers, risk/reward, and different future scenarios.

GARP with strong economic moats

<ul>
<li>Zillow Homes, their house flipping business, represents approximately 55-60% of revenues as a whole which is difficult to value.</li>
<li>IMT and their Mortgages segment are possible MOAT’s and represent growing margins, however, Zillow Homes may entail some challenges.</li>
<li>Free Cash Flow valuation is very subjective and relying only on multiples-based approaches for valuation reduces our conviction on recommending buying the stock.</li>
<li>Things we are curious about in the future are the impact of the cooling real estate market, improvements in operational efficiency, and the acquisition of ShowingTime.</li>
</ul>


Zillow Homes, their house flipping business, represents approximately 55-60% of revenues as a whole which is difficult to value.
IMT and their Mortgages segment are possible MOAT’s and represent growing margins, however, Zillow Homes may entail some challenges.
Free Cash Flow valuation is very subjective and relying only on multiples-based approaches for valuation reduces our conviction on recommending buying the stock.
Things we are curious about in the future are the impact of the cooling real estate market, improvements in operational efficiency, and the acquisition of ShowingTime.


Zillow: A Tricky Valuation For The Zillow Homes Segment

We aggregate key quotes from earnings, The Transcript

The Transcript

We aggregate key quotes from earnings

Aggregate Key Quotes from Earnings

Thematic (Sector/Industry)

The economy is booming and everyone should enjoy it. The American economy is benefitting from tremendous amounts of pent-up demand and in some of the hardest-hit industries' activity is beginning to tick back up above 2019 levels. Along with that boom, there are clear signs of inflation and concerns about overheating. Even Janet Yellen seemed concerned for a few hours last week.

The economy is booming and everyone should enjoy it. The American economy is benefitting from tremendous amounts of pent-up demand and in some of the hardest-hit industries' activity is beginning to tick back up above 2019 levels. Along with that boom, there are clear signs of inflation and concerns about overheating. Even Janet Yellen seemed concerned for a few hours last week.

United States

Zillow Group, Inc. provides e-commerce services. The Company provides information about homes, real estate listings, and mortgages through their website and mobile applications. Zillow serves homeowners, buyers, sellers, renters, and real estate professionals throughout the United States.

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Zillow Group Inc C (Z US)

Zillow Group Inc (ZG) - Tuesday, Jul 15, 2025

The author advocates for a long position in Zillow, citing overstated concerns and anticipating improved profitability and stock growth as the...

Value Investors Club (VIC)

Will PropertyGuru Face the Same Fate as Zillow

PropertyGuru is now the leading property technology platform in Southeast Asia. The company now serves 37 million buyers across 16 countries and...

subSPAC

Zillow: A Tricky Valuation For The Zillow Homes Segment

Zillow Homes, their house flipping business, represents approximately 55-60% of revenues as a whole which is difficult to value. IMT and their...

Moat Investing

The Transcript 05.10.21: Pent-up Demand

The economy is booming and everyone should enjoy it. The American economy is benefitting from tremendous amounts of pent-up demand and in some of...

The Transcript

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)