S&P GLOBAL INC (SPGI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPGI - US78409V1044 - Common Stock
539.65 USD
+6.75 (+1.27%)
539.49 USD
-0.16 (-0.03%)
We assign a fundamental rating of 5 out of 10 to SPGI. SPGI was compared to 235 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 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.
SPGI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SPGI's Return On Assets of 7.06% is amongst the best of the industry. SPGI outperforms 82.98% 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 71.06% of the companies in the same industry.
The Return On Invested Capital of SPGI (9.20%) is better than 84.68% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SPGI is in line with the industry average of 7.14%.
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
The Profit Margin of SPGI (28.10%) is better than 73.62% of its industry peers.
In the last couple of years the Profit Margin of SPGI has declined.
Looking at the Operating Margin, with a value of 42.03%, SPGI is in the better half of the industry, outperforming 76.17% of the companies in the same industry.
In the last couple of years the Operating Margin of SPGI has declined.
The Gross Margin of SPGI (62.66%) is better than 73.62% 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.
Compared to 1 year ago, SPGI has about the same debt to assets ratio.
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 Debt to FCF ratio of 2.08. This is amongst the best in the industry. SPGI outperforms 85.53% 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.
SPGI has a Debt to Equity ratio of 0.34. This is in the better half of the industry: SPGI outperforms 72.34% 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 (0.97) which is in line with its industry peers.
A Quick Ratio of 0.97 indicates that SPGI may have some problems paying its short term obligations.
SPGI's Quick ratio of 0.97 is in line compared to the rest of the industry. SPGI outperforms 42.13% 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.
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.
Looking at the last year, SPGI shows a quite strong growth in Revenue. The Revenue has grown by 9.04% in the last year.
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
The Earnings Per Share is expected to grow by 12.15% on average over the next years. This is quite good.
SPGI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.21% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
A Price/Earnings ratio of 31.19 indicates a quite expensive valuation of SPGI.
Based on the Price/Earnings ratio, SPGI is valued a bit more expensive than 70.64% of the companies in the same industry.
When comparing the Price/Earnings ratio of SPGI to the average of the S&P500 Index (27.17), we can say SPGI is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 26.67, the valuation of SPGI can be described as expensive.
63.83% 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 23.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.19 | ||
| Fwd PE | 26.67 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPGI is valued a bit cheaper than the industry average as 68.51% of the companies are valued more expensively.
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 | 29.92 | ||
| EV/EBITDA | 22.83 |
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.
SPGI has a very decent profitability rating, which may justify a higher PE ratio.
SPGI's earnings are expected to grow with 12.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)2
PEG (5Y)2.97
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.
SPGI's Dividend Yield is slightly below the industry average, which is at 6.39.
Compared to an average S&P500 Dividend Yield of 1.94, SPGI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
5.2 History
On average, the dividend of SPGI grows each year by 9.40%, which is quite nice.
SPGI has been paying a dividend for at least 10 years, so it has 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.
SPGI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP27.5%
EPS Next 2Y13.48%
EPS Next 3Y12.91%
539.65
+6.75 (+1.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners90.29%
Inst Owner Change0%
Ins Owners0.03%
Ins Owner Change-0.63%
Market Cap163.41B
Revenue(TTM)15.01B
Net Income(TTM)4.22B
Analysts84.12
Price Target615.6 (14.07%)
Short Float %1.6%
Short Ratio2.99
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-DateN/A
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)-3.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.07%
EPS NY rev (1m)0%
EPS NY rev (3m)3.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.93%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.19 | ||
| Fwd PE | 26.67 | ||
| P/S | 10.89 | ||
| P/FCF | 29.92 | ||
| P/OCF | 28.96 | ||
| P/B | 4.92 | ||
| P/tB | N/A | ||
| EV/EBITDA | 22.83 |
EPS(TTM)17.3
EY3.21%
EPS(NY)20.23
Fwd EY3.75%
FCF(TTM)18.04
FCFY3.34%
OCF(TTM)18.64
OCFY3.45%
SpS49.58
BVpS109.77
TBVpS-57.77
PEG (NY)2
PEG (5Y)2.97
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 for 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.
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.
Is the dividend of S&P GLOBAL INC sustainable?
The dividend rating of S&P GLOBAL INC (SPGI) is 5 / 10 and the dividend payout ratio is 27.5%.