S&P GLOBAL INC (SPGI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPGI - US78409V1044 - Common Stock
493.6 USD
+2.69 (+0.55%)
494.47 USD
+0.87 (+0.18%)
Overall SPGI gets a fundamental rating of 5 out of 10. We evaluated SPGI against 237 industry peers in the Capital Markets industry. While SPGI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. SPGI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
SPGI had positive earnings in the past year.
In the past year SPGI had a positive cash flow from operations.
SPGI had positive earnings in each of the past 5 years.
Each year in the past 5 years SPGI had a positive operating cash flow.
1.2 Ratios
SPGI has a better Return On Assets (7.06%) than 82.70% of its industry peers.
Looking at the Return On Equity, with a value of 12.69%, SPGI is in the better half of the industry, outperforming 70.04% of the companies in the same industry.
SPGI's Return On Invested Capital of 9.20% is amongst the best of the industry. SPGI outperforms 85.23% of its industry peers.
SPGI had an Average Return On Invested Capital over the past 3 years of 7.04%. This is in line with the industry average of 6.95%.
The 3 year average ROIC (7.04%) for SPGI is below the current ROIC(9.20%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.06% | ||
| ROE | 12.69% | ||
| ROIC | 9.2% |
ROA(3y)5.33%
ROA(5y)10.95%
ROE(3y)9.41%
ROE(5y)127.31%
ROIC(3y)7.04%
ROIC(5y)17.3%
1.3 Margins
SPGI has a better Profit Margin (28.10%) than 71.73% of its industry peers.
SPGI's Profit Margin has declined in the last couple of years.
SPGI's Operating Margin of 42.03% is fine compared to the rest of the industry. SPGI outperforms 75.95% of its industry peers.
In the last couple of years the Operating Margin of SPGI has declined.
The Gross Margin of SPGI (62.66%) is better than 73.00% of its industry peers.
SPGI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.03% | ||
| PM (TTM) | 28.1% | ||
| GM | 62.66% |
OM growth 3Y-9.24%
OM growth 5Y-3.73%
PM growth 3Y-9.39%
PM growth 5Y-3.07%
GM growth 3Y-2.06%
GM growth 5Y-1.12%
2. Health
2.1 Basic Checks
Compared to 1 year ago, SPGI has less shares outstanding
The number of shares outstanding for SPGI has been increased compared to 5 years ago.
The debt/assets ratio for SPGI has remained at the same level compared to a year ago.
2.2 Solvency
SPGI has a debt to FCF ratio of 2.08. This is a good value and a sign of high solvency as SPGI would need 2.08 years to pay back of all of its debts.
SPGI has a better Debt to FCF ratio (2.08) than 86.08% of its industry peers.
SPGI has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.34, SPGI is in the better half of the industry, outperforming 69.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 2.08 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.97 indicates that SPGI may have some problems paying its short term obligations.
SPGI's Current ratio of 0.97 is in line compared to the rest of the industry. SPGI outperforms 40.51% of its industry peers.
SPGI has a Quick Ratio of 0.97. This is a bad value and indicates that SPGI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of SPGI (0.97) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
SPGI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.80%, which is quite good.
The Earnings Per Share has been growing by 10.51% on average over the past years. This is quite good.
The Revenue has grown by 9.04% in the past year. This is quite good.
The Revenue has been growing by 16.23% on average over the past years. This is quite good.
EPS 1Y (TTM)14.8%
EPS 3Y4.67%
EPS 5Y10.51%
EPS Q2Q%21.59%
Revenue 1Y (TTM)9.04%
Revenue growth 3Y19.64%
Revenue growth 5Y16.23%
Sales Q2Q%8.76%
3.2 Future
SPGI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.10% yearly.
The Revenue is expected to grow by 7.09% on average over the next years.
EPS Next Y14.49%
EPS Next 2Y12.95%
EPS Next 3Y12.6%
EPS Next 5Y12.1%
Revenue Next Year8.11%
Revenue Next 2Y7.68%
Revenue Next 3Y7.54%
Revenue Next 5Y7.09%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 28.53, the valuation of SPGI can be described as expensive.
Based on the Price/Earnings ratio, SPGI is valued a bit more expensive than the industry average as 71.73% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 25.47, SPGI is valued at the same level.
A Price/Forward Earnings ratio of 24.63 indicates a rather expensive valuation of SPGI.
65.40% of the companies in the same industry are cheaper than SPGI, based on the Price/Forward Earnings ratio.
SPGI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.53 | ||
| Fwd PE | 24.63 |
4.2 Price Multiples
68.78% of the companies in the same industry are more expensive than SPGI, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SPGI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.59 | ||
| EV/EBITDA | 21.41 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of SPGI may justify a higher PE ratio.
A more expensive valuation may be justified as SPGI's earnings are expected to grow with 12.60% in the coming years.
PEG (NY)1.97
PEG (5Y)2.71
EPS Next 2Y12.95%
EPS Next 3Y12.6%
5. Dividend
5.1 Amount
With a yearly dividend of 0.78%, SPGI is not a good candidate for dividend investing.
SPGI's Dividend Yield is slightly below the industry average, which is at 8.60.
With a Dividend Yield of 0.78, SPGI pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
5.2 History
The dividend of SPGI is nicely growing with an annual growth rate of 9.40%!
SPGI has been paying a dividend for at least 10 years, so it has a reliable track record.
SPGI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)9.4%
Div Incr Years34
Div Non Decr Years34
5.3 Sustainability
27.50% of the earnings are spent on dividend by SPGI. This is a low number and sustainable payout ratio.
The dividend of SPGI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP27.5%
EPS Next 2Y12.95%
EPS Next 3Y12.6%
493.6
+2.69 (+0.55%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners90.16%
Inst Owner Change-0.96%
Ins Owners0.03%
Ins Owner Change-0.63%
Market Cap150.70B
Revenue(TTM)15.01B
Net Income(TTM)4.22B
Analysts84.71
Price Target620.46 (25.7%)
Short Float %0.89%
Short Ratio1.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
Yearly Dividend3.56
Dividend Growth(5Y)9.4%
DP27.5%
Div Incr Years34
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.04%
Min EPS beat(2)2.89%
Max EPS beat(2)5.18%
EPS beat(4)4
Avg EPS beat(4)4.17%
Min EPS beat(4)2.35%
Max EPS beat(4)6.25%
EPS beat(8)7
Avg EPS beat(8)4.34%
EPS beat(12)10
Avg EPS beat(12)3.5%
EPS beat(16)11
Avg EPS beat(16)2.01%
Revenue beat(2)1
Avg Revenue beat(2)-0.06%
Min Revenue beat(2)-0.44%
Max Revenue beat(2)0.32%
Revenue beat(4)3
Avg Revenue beat(4)0.14%
Min Revenue beat(4)-0.44%
Max Revenue beat(4)0.53%
Revenue beat(8)6
Avg Revenue beat(8)0.39%
Revenue beat(12)8
Avg Revenue beat(12)0.29%
Revenue beat(16)8
Avg Revenue beat(16)-1.39%
PT rev (1m)-2.54%
PT rev (3m)-2.18%
EPS NQ rev (1m)2.54%
EPS NQ rev (3m)3.07%
EPS NY rev (1m)1.48%
EPS NY rev (3m)2.36%
Revenue NQ rev (1m)1.51%
Revenue NQ rev (3m)1.85%
Revenue NY rev (1m)0.46%
Revenue NY rev (3m)1.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.53 | ||
| Fwd PE | 24.63 | ||
| P/S | 10.04 | ||
| P/FCF | 27.59 | ||
| P/OCF | 26.7 | ||
| P/B | 4.53 | ||
| P/tB | N/A | ||
| EV/EBITDA | 21.41 |
EPS(TTM)17.3
EY3.5%
EPS(NY)20.04
Fwd EY4.06%
FCF(TTM)17.89
FCFY3.62%
OCF(TTM)18.48
OCFY3.74%
SpS49.17
BVpS108.87
TBVpS-57.29
PEG (NY)1.97
PEG (5Y)2.71
Graham Number205.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.06% | ||
| ROE | 12.69% | ||
| ROCE | 11.7% | ||
| ROIC | 9.2% | ||
| ROICexc | 9.49% | ||
| ROICexgc | 320.83% | ||
| OM | 42.03% | ||
| PM (TTM) | 28.1% | ||
| GM | 62.66% | ||
| FCFM | 36.38% |
ROA(3y)5.33%
ROA(5y)10.95%
ROE(3y)9.41%
ROE(5y)127.31%
ROIC(3y)7.04%
ROIC(5y)17.3%
ROICexc(3y)7.24%
ROICexc(5y)31.92%
ROICexgc(3y)428.86%
ROICexgc(5y)N/A
ROCE(3y)8.95%
ROCE(5y)21.99%
ROICexgc growth 3YN/A
ROICexgc growth 5Y-1.07%
ROICexc growth 3Y-51.31%
ROICexc growth 5Y-29.01%
OM growth 3Y-9.24%
OM growth 5Y-3.73%
PM growth 3Y-9.39%
PM growth 5Y-3.07%
GM growth 3Y-2.06%
GM growth 5Y-1.12%
F-Score7
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 2.08 | ||
| Debt/EBITDA | 1.52 | ||
| Cap/Depr | 15.4% | ||
| Cap/Sales | 1.21% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 75.32% | ||
| Profit Quality | 129.47% | ||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | N/A |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)10.62%
Cap/Depr(5y)17.68%
Cap/Sales(3y)0.94%
Cap/Sales(5y)0.85%
Profit Quality(3y)119.24%
Profit Quality(5y)124.96%
High Growth Momentum
Growth
EPS 1Y (TTM)14.8%
EPS 3Y4.67%
EPS 5Y10.51%
EPS Q2Q%21.59%
EPS Next Y14.49%
EPS Next 2Y12.95%
EPS Next 3Y12.6%
EPS Next 5Y12.1%
Revenue 1Y (TTM)9.04%
Revenue growth 3Y19.64%
Revenue growth 5Y16.23%
Sales Q2Q%8.76%
Revenue Next Year8.11%
Revenue Next 2Y7.68%
Revenue Next 3Y7.54%
Revenue Next 5Y7.09%
EBIT growth 1Y14.33%
EBIT growth 3Y8.58%
EBIT growth 5Y11.89%
EBIT Next Year12.93%
EBIT Next 3Y9.71%
EBIT Next 5Y8.95%
FCF growth 1Y62.24%
FCF growth 3Y16.02%
FCF growth 5Y15.9%
OCF growth 1Y61.74%
OCF growth 3Y16.5%
OCF growth 5Y15.43%
S&P GLOBAL INC / SPGI FAQ
Can you provide the ChartMill fundamental rating for S&P GLOBAL INC?
ChartMill assigns a fundamental rating of 5 / 10 to SPGI.
What is the valuation status of S&P GLOBAL INC (SPGI) stock?
ChartMill assigns a valuation rating of 3 / 10 to S&P GLOBAL INC (SPGI). This can be considered as Overvalued.
What is the profitability of SPGI stock?
S&P GLOBAL INC (SPGI) has a profitability rating of 7 / 10.
How financially healthy is S&P GLOBAL INC?
The financial health rating of S&P GLOBAL INC (SPGI) is 4 / 10.
What is the expected EPS growth for S&P GLOBAL INC (SPGI) stock?
The Earnings per Share (EPS) of S&P GLOBAL INC (SPGI) is expected to grow by 14.49% in the next year.