S&P GLOBAL INC (SPGI)
US78409V1044 - Common Stock
SPGI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 220 industry peers in the Capital Markets industry. SPGI has an average financial health and profitability rating. SPGI is valied quite expensively at the moment, while 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.
In the past 5 years SPGI has always been profitable.
Each year in the past 5 years SPGI had a positive operating cash flow.
1.2 Ratios
SPGI has a Return On Assets of 5.88%. This is in the better half of the industry: SPGI outperforms 76.04% of its industry peers.
SPGI has a Return On Equity (10.45%) which is comparable to the rest of the industry.
SPGI has a better Return On Invested Capital (7.73%) than 77.88% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SPGI is significantly above the industry average of 6.99%.
The last Return On Invested Capital (7.73%) for SPGI is well below the 3 year average (14.45%), which needs to be investigated, but indicates that SPGI had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.88% | ||
| ROE | 10.45% | ||
| ROIC | 7.73% |
ROA(3y)9.91%
ROA(5y)13.42%
ROE(3y)55.14%
ROE(5y)213.63%
ROIC(3y)14.45%
ROIC(5y)21.39%
1.3 Margins
SPGI has a better Profit Margin (25.80%) than 63.13% of its industry peers.
In the last couple of years the Profit Margin of SPGI has declined.
SPGI has a better Operating Margin (40.09%) than 67.74% of its industry peers.
In the last couple of years the Operating Margin of SPGI has declined.
The Gross Margin of SPGI (68.70%) is better than 70.97% of its industry peers.
SPGI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.09% | ||
| PM (TTM) | 25.8% | ||
| GM | 68.7% |
OM growth 3Y-10.61%
OM growth 5Y-4.71%
PM growth 3Y-12.56%
PM growth 5Y-7.65%
GM growth 3Y-2.39%
GM growth 5Y-1.69%
2. Health
2.1 Basic Checks
SPGI has less shares outstanding than it did 1 year ago.
SPGI has more shares outstanding than it did 5 years ago.
SPGI has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.56 indicates that SPGI is not in any danger for bankruptcy at the moment.
SPGI has a Altman-Z score of 4.56. This is amongst the best in the industry. SPGI outperforms 86.18% of its industry peers.
SPGI has a debt to FCF ratio of 2.22. This is a good value and a sign of high solvency as SPGI would need 2.22 years to pay back of all of its debts.
SPGI has a Debt to FCF ratio of 2.22. This is amongst the best in the industry. SPGI outperforms 83.87% 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.
The Debt to Equity ratio of SPGI (0.34) is better than 75.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | 4.56 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
SPGI has a Current Ratio of 0.94. 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 Current ratio of 0.94. This is comparable to the rest of the industry: SPGI outperforms 43.78% of its industry peers.
A Quick Ratio of 0.94 indicates that SPGI may have some problems paying its short term obligations.
SPGI's Quick ratio of 0.94 is in line compared to the rest of the industry. SPGI outperforms 43.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 25.37% over the past year.
SPGI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.21% yearly.
The Revenue has grown by 12.09% in the past year. This is quite good.
SPGI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.83% yearly.
EPS 1Y (TTM)25.37%
EPS 3Y2.56%
EPS 5Y8.21%
EPS Q2Q%21.18%
Revenue 1Y (TTM)12.09%
Revenue growth 3Y18.86%
Revenue growth 5Y14.83%
Sales Q2Q%15.92%
3.2 Future
Based on estimates for the next years, SPGI will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.92% on average per year.
SPGI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.32% yearly.
EPS Next Y23.56%
EPS Next 2Y16.71%
EPS Next 3Y15.14%
EPS Next 5Y11.92%
Revenue Next Year12.61%
Revenue Next 2Y9.49%
Revenue Next 3Y8.88%
Revenue Next 5Y7.32%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
SPGI is valuated quite expensively with a Price/Earnings ratio of 33.49.
Based on the Price/Earnings ratio, SPGI is valued a bit more expensive than the industry average as 74.19% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 27.54. SPGI is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 29.39, which means the current valuation is very expensive for SPGI.
Based on the Price/Forward Earnings ratio, SPGI is valued a bit more expensive than the industry average as 73.73% of the companies are valued more cheaply.
SPGI is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.49 | ||
| Fwd PE | 29.39 |
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 63.13% of the companies listed in the same industry.
SPGI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.45 | ||
| EV/EBITDA | 24.89 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of SPGI may justify a higher PE ratio.
SPGI's earnings are expected to grow with 15.14% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.42
PEG (5Y)4.08
EPS Next 2Y16.71%
EPS Next 3Y15.14%
5. Dividend
5.1 Amount
SPGI has a yearly dividend return of 0.75%, which is pretty low.
SPGI's Dividend Yield is slightly below the industry average, which is at 9.57.
With a Dividend Yield of 0.75, SPGI pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
5.2 History
On average, the dividend of SPGI grows each year by 11.99%, which is quite nice.
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)11.99%
Div Incr Years34
Div Non Decr Years34
5.3 Sustainability
32.01% of the earnings are spent on dividend by SPGI. This is a low number and sustainable payout ratio.
SPGI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP32.01%
EPS Next 2Y16.71%
EPS Next 3Y15.14%
S&P GLOBAL INC
NYSE:SPGI (12/24/2024, 7:38:47 PM)
After market: 504.75 0 (0%)504.75
+6.5 (+1.3%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners90%
Inst Owner Change-0.14%
Ins Owners0.04%
Ins Owner Change-10.72%
Market Cap156.62B
Analysts84.83
Price Target595.69 (18.02%)
Short Float %1.33%
Short Ratio3.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
Dividend Growth(5Y)11.99%
DP32.01%
Div Incr Years34
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.61%
Min EPS beat(2)4.68%
Max EPS beat(2)8.53%
EPS beat(4)3
Avg EPS beat(4)4.5%
Min EPS beat(4)-2.48%
Max EPS beat(4)8.53%
EPS beat(8)6
Avg EPS beat(8)3.17%
EPS beat(12)7
Avg EPS beat(12)1.3%
EPS beat(16)11
Avg EPS beat(16)3.04%
Revenue beat(2)2
Avg Revenue beat(2)1.93%
Min Revenue beat(2)1.72%
Max Revenue beat(2)2.14%
Revenue beat(4)3
Avg Revenue beat(4)0.64%
Min Revenue beat(4)-1.41%
Max Revenue beat(4)2.14%
Revenue beat(8)5
Avg Revenue beat(8)0.37%
Revenue beat(12)5
Avg Revenue beat(12)-1.9%
Revenue beat(16)9
Avg Revenue beat(16)-0.68%
PT rev (1m)0.92%
PT rev (3m)7.97%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.02%
EPS NY rev (1m)0.02%
EPS NY rev (3m)4.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.85%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)2.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.49 | ||
| Fwd PE | 29.39 | ||
| P/S | 11.38 | ||
| P/FCF | 30.45 | ||
| P/OCF | 29.65 | ||
| P/B | 4.61 | ||
| P/tB | N/A | ||
| EV/EBITDA | 24.89 |
EPS(TTM)15.07
EY2.99%
EPS(NY)17.18
Fwd EY3.4%
FCF(TTM)16.58
FCFY3.28%
OCF(TTM)17.03
OCFY3.37%
SpS44.37
BVpS109.55
TBVpS-57.52
PEG (NY)1.42
PEG (5Y)4.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.88% | ||
| ROE | 10.45% | ||
| ROCE | 10.06% | ||
| ROIC | 7.73% | ||
| ROICexc | 7.98% | ||
| ROICexgc | 319.64% | ||
| OM | 40.09% | ||
| PM (TTM) | 25.8% | ||
| GM | 68.7% | ||
| FCFM | 37.36% |
ROA(3y)9.91%
ROA(5y)13.42%
ROE(3y)55.14%
ROE(5y)213.63%
ROIC(3y)14.45%
ROIC(5y)21.39%
ROICexc(3y)28.82%
ROICexc(5y)38.93%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)18.8%
ROCE(5y)27.83%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-52.22%
ROICexc growth 5Y-32.13%
OM growth 3Y-10.61%
OM growth 5Y-4.71%
PM growth 3Y-12.56%
PM growth 5Y-7.65%
GM growth 3Y-2.39%
GM growth 5Y-1.69%
F-Score8
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 2.22 | ||
| Debt/EBITDA | 1.71 | ||
| Cap/Depr | 11.95% | ||
| Cap/Sales | 1.01% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.06% | ||
| Profit Quality | 144.82% | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 4.56 |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)13.65%
Cap/Depr(5y)26.85%
Cap/Sales(3y)0.79%
Cap/Sales(5y)1.02%
Profit Quality(3y)110.35%
Profit Quality(5y)121.13%
High Growth Momentum
Growth
EPS 1Y (TTM)25.37%
EPS 3Y2.56%
EPS 5Y8.21%
EPS Q2Q%21.18%
EPS Next Y23.56%
EPS Next 2Y16.71%
EPS Next 3Y15.14%
EPS Next 5Y11.92%
Revenue 1Y (TTM)12.09%
Revenue growth 3Y18.86%
Revenue growth 5Y14.83%
Sales Q2Q%15.92%
Revenue Next Year12.61%
Revenue Next 2Y9.49%
Revenue Next 3Y8.88%
Revenue Next 5Y7.32%
EBIT growth 1Y11.45%
EBIT growth 3Y6.25%
EBIT growth 5Y9.43%
EBIT Next Year25.51%
EBIT Next 3Y13.82%
EBIT Next 5Y9.82%
FCF growth 1Y117.32%
FCF growth 3Y0.72%
FCF growth 5Y12.83%
OCF growth 1Y117.41%
OCF growth 3Y1.32%
OCF growth 5Y12.44%