S&P GLOBAL INC (SPGI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPGI - US78409V1044 - Common Stock
529.45 USD
+3.71 (+0.71%)
529.45 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to SPGI. SPGI was compared to 235 industry peers in the Capital Markets industry. While SPGI has a great profitability rating, there are some minor concerns on its financial health. 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.
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
With an excellent Return On Assets value of 7.06%, SPGI belongs to the best of the industry, outperforming 82.77% of the companies in the same industry.
SPGI's Return On Equity of 12.69% is fine compared to the rest of the industry. SPGI outperforms 71.01% of its industry peers.
SPGI has a better Return On Invested Capital (9.20%) than 85.29% 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 7.07%.
The last Return On Invested Capital (9.20%) for SPGI is above the 3 year average (7.04%), which is a sign of increasing profitability.
| 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
The Profit Margin of SPGI (28.10%) is better than 73.11% of its industry peers.
In the last couple of years the Profit Margin of SPGI has declined.
SPGI has a better Operating Margin (42.03%) than 76.47% of its industry peers.
In the last couple of years the Operating Margin of SPGI has declined.
SPGI's Gross Margin of 62.66% is fine compared to the rest of the industry. SPGI outperforms 73.11% 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
SPGI has less shares outstanding than it did 1 year ago.
The number of shares outstanding for SPGI has been increased compared to 5 years ago.
SPGI has about the same debt/assets ratio as last year.
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's Debt to FCF ratio of 2.08 is amongst the best of the industry. SPGI outperforms 86.13% of its industry peers.
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 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 2.08 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
SPGI has a Current 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.
SPGI has a Current ratio of 0.97. This is comparable to the rest of the industry: SPGI outperforms 41.60% 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.
SPGI has a Quick ratio of 0.97. This is comparable to the rest of the industry: SPGI outperforms 42.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.80% over the past year.
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.
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)14.8%
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 12.15% yearly.
The Revenue is expected to grow by 7.21% on average over the next years.
EPS Next Y15.63%
EPS Next 2Y13.48%
EPS Next 3Y12.91%
EPS Next 5Y12.15%
Revenue Next Year8.46%
Revenue Next 2Y7.89%
Revenue Next 3Y7.7%
Revenue Next 5Y7.21%
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
The Price/Earnings ratio is 30.60, which means the current valuation is very expensive for SPGI.
Based on the Price/Earnings ratio, SPGI is valued a bit more expensive than 71.85% of the companies in the same industry.
SPGI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
SPGI is valuated quite expensively with a Price/Forward Earnings ratio of 26.17.
SPGI's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. SPGI is more expensive than 64.71% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of SPGI to the average of the S&P500 Index (23.46), we can say SPGI is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.6 | ||
| Fwd PE | 26.17 |
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 68.91% of the companies listed in the same industry.
SPGI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.36 | ||
| EV/EBITDA | 22.69 |
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 12.91% in the coming years.
PEG (NY)1.96
PEG (5Y)2.91
EPS Next 2Y13.48%
EPS Next 3Y12.91%
5. Dividend
5.1 Amount
With a yearly dividend of 0.73%, SPGI is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.65, SPGI is paying slightly less dividend.
With a Dividend Yield of 0.73, SPGI pays less dividend than the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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 2Y13.48%
EPS Next 3Y12.91%
529.45
+3.71 (+0.71%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners90.36%
Inst Owner Change-0.97%
Ins Owners0.03%
Ins Owner Change-0.63%
Market Cap160.32B
Revenue(TTM)15.01B
Net Income(TTM)4.22B
Analysts84.12
Price Target615.6 (16.27%)
Short Float %0.88%
Short Ratio1.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
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)-0.78%
PT rev (3m)-3.03%
EPS NQ rev (1m)-0.02%
EPS NQ rev (3m)3.13%
EPS NY rev (1m)0.99%
EPS NY rev (3m)3.31%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)1.9%
Revenue NY rev (1m)0.33%
Revenue NY rev (3m)1.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.6 | ||
| Fwd PE | 26.17 | ||
| P/S | 10.68 | ||
| P/FCF | 29.36 | ||
| P/OCF | 28.41 | ||
| P/B | 4.82 | ||
| P/tB | N/A | ||
| EV/EBITDA | 22.69 |
EPS(TTM)17.3
EY3.27%
EPS(NY)20.23
Fwd EY3.82%
FCF(TTM)18.04
FCFY3.41%
OCF(TTM)18.64
OCFY3.52%
SpS49.58
BVpS109.77
TBVpS-57.77
PEG (NY)1.96
PEG (5Y)2.91
Graham Number206.71
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 Y15.63%
EPS Next 2Y13.48%
EPS Next 3Y12.91%
EPS Next 5Y12.15%
Revenue 1Y (TTM)9.04%
Revenue growth 3Y19.64%
Revenue growth 5Y16.23%
Sales Q2Q%8.76%
Revenue Next Year8.46%
Revenue Next 2Y7.89%
Revenue Next 3Y7.7%
Revenue Next 5Y7.21%
EBIT growth 1Y14.33%
EBIT growth 3Y8.58%
EBIT growth 5Y11.89%
EBIT Next Year16.15%
EBIT Next 3Y10.8%
EBIT Next 5Y9.42%
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 2 / 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 15.63% in the next year.