S&P GLOBAL INC (SPGI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPGI - US78409V1044 - Common Stock
541.94 USD
+0.38 (+0.07%)
541.94 USD
0 (0%)
Taking everything into account, SPGI scores 5 out of 10 in our fundamental rating. SPGI was compared to 235 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. While showing a medium growth rate, SPGI is valued expensive at the moment.
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
With an excellent Return On Assets value of 7.06%, SPGI belongs to the best of the industry, outperforming 82.98% of the companies in the same industry.
The Return On Equity of SPGI (12.69%) is better than 71.06% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.20%, SPGI belongs to the top of the industry, outperforming 84.68% of the companies in the same industry.
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
Looking at the Profit Margin, with a value of 28.10%, SPGI is in the better half of the industry, outperforming 73.62% of the companies in the same industry.
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.
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.
Looking at the Debt to FCF ratio, with a value of 2.08, SPGI belongs to the top of the industry, outperforming 85.53% 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 has a better Debt to Equity ratio (0.34) than 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's Current ratio of 0.97 is in line compared to the rest of the industry. SPGI outperforms 41.70% 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 42.13% 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.
SPGI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.51% yearly.
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
Based on estimates for the next years, SPGI will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.15% on average per year.
Based on estimates for the next years, SPGI will show a small growth in Revenue. The Revenue will grow by 7.21% on average per year.
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.
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 31.33, 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 71.49% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of SPGI to the average of the S&P500 Index (27.19), we can say SPGI is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 26.79, the valuation of SPGI can be described as expensive.
SPGI's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. SPGI is more expensive than 65.11% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.88, SPGI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.33 | ||
| Fwd PE | 26.79 |
4.2 Price Multiples
SPGI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SPGI is cheaper than 68.51% of the companies in the same industry.
SPGI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.05 | ||
| EV/EBITDA | 23.18 |
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.
A more expensive valuation may be justified as SPGI's earnings are expected to grow with 12.91% in the coming years.
PEG (NY)2
PEG (5Y)2.98
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 6.39, SPGI is paying slightly less dividend.
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
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 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
SPGI pays out 27.50% of its income as dividend. This is a 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%
541.94
+0.38 (+0.07%)
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 Cap164.10B
Revenue(TTM)15.01B
Net Income(TTM)4.22B
Analysts84.12
Price Target615.6 (13.59%)
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 | 31.33 | ||
| Fwd PE | 26.79 | ||
| P/S | 10.93 | ||
| P/FCF | 30.05 | ||
| P/OCF | 29.08 | ||
| P/B | 4.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | 23.18 |
EPS(TTM)17.3
EY3.19%
EPS(NY)20.23
Fwd EY3.73%
FCF(TTM)18.04
FCFY3.33%
OCF(TTM)18.64
OCFY3.44%
SpS49.58
BVpS109.77
TBVpS-57.77
PEG (NY)2
PEG (5Y)2.98
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%.