S&P GLOBAL INC (SPGI) Stock Fundamental Analysis
NYSE:SPGI - US78409V1044 - Common Stock
552.44 USD
-4.59 (-0.82%)
552.44 USD
0 (0%)
SPGI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 237 industry peers in the Capital Markets industry. SPGI has an excellent profitability rating, but 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.
SPGI had a positive operating cash flow in the past year.
SPGI had positive earnings in each of the past 5 years.
In the past 5 years SPGI always reported a positive cash flow from operatings.
1.2 Ratios
SPGI's Return On Assets of 6.64% is amongst the best of the industry. SPGI outperforms 82.70% of its industry peers.
SPGI has a Return On Equity of 11.98%. This is in the better half of the industry: SPGI outperforms 65.40% of its industry peers.
SPGI has a Return On Invested Capital of 8.65%. This is amongst the best in the industry. SPGI outperforms 84.39% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SPGI is in line with the industry average of 7.69%.
The 3 year average ROIC (7.04%) for SPGI is below the current ROIC(8.65%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.64% | ||
| ROE | 11.98% | ||
| ROIC | 8.65% |
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
With a decent Profit Margin value of 27.30%, SPGI is doing good in the industry, outperforming 69.62% of the companies in the same industry.
SPGI's Profit Margin has declined in the last couple of years.
SPGI has a Operating Margin of 40.70%. This is in the better half of the industry: SPGI outperforms 70.46% of its industry peers.
SPGI's Operating Margin has declined in the last couple of years.
SPGI has a Gross Margin of 62.19%. This is in the better half of the industry: SPGI outperforms 70.04% of its industry peers.
SPGI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.7% | ||
| PM (TTM) | 27.3% | ||
| GM | 62.19% |
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
The Debt to FCF ratio of SPGI is 2.10, which is a good value as it means it would take SPGI, 2.10 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.10, SPGI belongs to the top of the industry, outperforming 85.65% of the companies in the same industry.
A Debt/Equity ratio of 0.34 indicates that SPGI is not too dependend on debt financing.
SPGI's Debt to Equity ratio of 0.34 is fine compared to the rest of the industry. SPGI outperforms 71.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 2.1 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
SPGI has a Current Ratio of 0.98. This is a bad value and indicates that SPGI is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.98, SPGI is in line with its industry, outperforming 42.62% of the companies in the same industry.
SPGI has a Quick Ratio of 0.98. This is a bad value and indicates that SPGI is not financially healthy enough and could expect problems in meeting its short term obligations.
SPGI has a Quick ratio (0.98) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.38% over the past year.
Measured over the past years, SPGI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.51% on average per year.
The Revenue has grown by 10.72% in the past year. This is quite good.
Measured over the past years, SPGI shows a quite strong growth in Revenue. The Revenue has been growing by 16.23% on average per year.
EPS 1Y (TTM)14.38%
EPS 3Y4.67%
EPS 5Y10.51%
EPS Q2Q%9.65%
Revenue 1Y (TTM)10.72%
Revenue growth 3Y19.64%
Revenue growth 5Y16.23%
Sales Q2Q%5.8%
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 10.84% yearly.
SPGI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.38% yearly.
EPS Next Y10.29%
EPS Next 2Y11%
EPS Next 3Y11.22%
EPS Next 5Y10.84%
Revenue Next Year6.23%
Revenue Next 2Y6.66%
Revenue Next 3Y6.93%
Revenue Next 5Y6.38%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 33.56, the valuation of SPGI can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of SPGI indicates a slightly more expensive valuation: SPGI is more expensive than 73.84% of the companies listed in the same industry.
SPGI is valuated rather expensively when we compare the Price/Earnings ratio to 26.76, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 28.54 indicates a quite expensive valuation of SPGI.
69.20% of the companies in the same industry are cheaper than SPGI, based on the Price/Forward Earnings ratio.
SPGI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 34.91, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.56 | ||
| Fwd PE | 28.54 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SPGI indicates a somewhat cheap valuation: SPGI is cheaper than 67.09% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as SPGI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.29 | ||
| EV/EBITDA | 24.98 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SPGI does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of SPGI may justify a higher PE ratio.
PEG (NY)3.26
PEG (5Y)3.19
EPS Next 2Y11%
EPS Next 3Y11.22%
5. Dividend
5.1 Amount
SPGI has a yearly dividend return of 0.68%, which is pretty low.
SPGI's Dividend Yield is slightly below the industry average, which is at 7.61.
Compared to an average S&P500 Dividend Yield of 2.36, SPGI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.68% |
5.2 History
The dividend of SPGI is nicely growing with an annual growth rate of 9.40%!
SPGI has paid a dividend for at least 10 years, which is 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
28.68% of the earnings are spent on dividend by SPGI. This is a low number and sustainable payout ratio.
The dividend of SPGI is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP28.68%
EPS Next 2Y11%
EPS Next 3Y11.22%
552.44
-4.59 (-0.82%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners89.34%
Inst Owner Change-0.1%
Ins Owners0.03%
Ins Owner Change4.71%
Market Cap169.43B
Analysts85.16
Price Target629.3 (13.91%)
Short Float %0.97%
Short Ratio2.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.68% |
Yearly Dividend3.56
Dividend Growth(5Y)9.4%
DP28.68%
Div Incr Years34
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.62%
Min EPS beat(2)2.35%
Max EPS beat(2)2.89%
EPS beat(4)4
Avg EPS beat(4)4.04%
Min EPS beat(4)2.35%
Max EPS beat(4)6.25%
EPS beat(8)7
Avg EPS beat(8)4.11%
EPS beat(12)10
Avg EPS beat(12)3.3%
EPS beat(16)11
Avg EPS beat(16)2.33%
Revenue beat(2)2
Avg Revenue beat(2)0.23%
Min Revenue beat(2)0.13%
Max Revenue beat(2)0.32%
Revenue beat(4)4
Avg Revenue beat(4)0.78%
Min Revenue beat(4)0.13%
Max Revenue beat(4)2.14%
Revenue beat(8)7
Avg Revenue beat(8)0.44%
Revenue beat(12)8
Avg Revenue beat(12)0%
Revenue beat(16)9
Avg Revenue beat(16)-1.17%
PT rev (1m)4.8%
PT rev (3m)4.8%
EPS NQ rev (1m)0.4%
EPS NQ rev (3m)-1.35%
EPS NY rev (1m)0%
EPS NY rev (3m)0.45%
Revenue NQ rev (1m)0.76%
Revenue NQ rev (3m)-0.29%
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.56 | ||
| Fwd PE | 28.54 | ||
| P/S | 11.53 | ||
| P/FCF | 31.29 | ||
| P/OCF | 30.35 | ||
| P/B | 5.06 | ||
| P/tB | N/A | ||
| EV/EBITDA | 24.98 |
EPS(TTM)16.46
EY2.98%
EPS(NY)19.36
Fwd EY3.5%
FCF(TTM)17.66
FCFY3.2%
OCF(TTM)18.2
OCFY3.3%
SpS47.93
BVpS109.21
TBVpS-57.56
PEG (NY)3.26
PEG (5Y)3.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.64% | ||
| ROE | 11.98% | ||
| ROCE | 10.99% | ||
| ROIC | 8.65% | ||
| ROICexc | 8.95% | ||
| ROICexgc | 331.58% | ||
| OM | 40.7% | ||
| PM (TTM) | 27.3% | ||
| GM | 62.19% | ||
| FCFM | 36.84% |
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%
ROICexcg growth 3YN/A
ROICexcg 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-Score6
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 2.1 | ||
| Debt/EBITDA | 1.59 | ||
| Cap/Depr | 14.21% | ||
| Cap/Sales | 1.14% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.93% | ||
| Profit Quality | 134.94% | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | N/A |
F-Score6
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)14.38%
EPS 3Y4.67%
EPS 5Y10.51%
EPS Q2Q%9.65%
EPS Next Y10.29%
EPS Next 2Y11%
EPS Next 3Y11.22%
EPS Next 5Y10.84%
Revenue 1Y (TTM)10.72%
Revenue growth 3Y19.64%
Revenue growth 5Y16.23%
Sales Q2Q%5.8%
Revenue Next Year6.23%
Revenue Next 2Y6.66%
Revenue Next 3Y6.93%
Revenue Next 5Y6.38%
EBIT growth 1Y14.01%
EBIT growth 3Y8.58%
EBIT growth 5Y11.89%
EBIT Next Year11.38%
EBIT Next 3Y9%
EBIT Next 5Y8.46%
FCF growth 1Y70.18%
FCF growth 3Y16.02%
FCF growth 5Y15.9%
OCF growth 1Y69.7%
OCF growth 3Y16.5%
OCF growth 5Y15.43%