Zillow Group, Inc. Class C (Z) DCF Valuation
A discounted-cash-flow model values Zillow Group, Inc. Class C (Z) at about $87.84 (TGM base case). Today's price of $35.45 sits below that range — by these conservative assumptions it screens as potentially undervalued.
Reverse DCF: at today's $35.45, the market is pricing in roughly -8.2%/yr free-cash-flow growth over the next decade (at a 10% required return) — versus its actual 5-year FCF CAGR of +9.3%. The price assumes a slowdown from its track record — a potential value signal if growth holds.
Current Price
$35.45
Fair-Value Range
$87.84
Market-Implied Growth
-8.2%/yr
vs +9.3% 5Y actual
Z DCF Fair Value Calculator
Edit the assumptions to see how they change the estimated fair value. Illustrative model — not investment advice. Defaults to a conservative base case; the analyst (FMP) DCF, where available, is shown as a reference below.
Base inputs: FCF $1.3B · 0.24B shares · net cash $316.0M
Estimated Fair Value
$87.84
+147.8% vs $35.45
Sensitivity — fair value by discount rate × terminal growth
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $35.45; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.0% | $109 | $114 | $121 | $129 | $138 |
| 9.0% | $93.68 | $97.45 | $102 | $107 | $113 |
| 10.0% | $82.12 | $84.81 | $87.84 | $91.32 | $95.32 |
| 11.0% | $73.04 | $75.01 | $77.20 | $79.67 | $82.47 |
| 12.0% | $65.72 | $67.20 | $68.83 | $70.64 | $72.67 |