Thomson Reuters Valuation

Q: What is the Fair Price of 0Q89 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

0Q89 (CA$226.5) is trading above our estimate of [[fair value]] (CA$166.74)

Is 0Q89 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0Q89 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0Q89 (CA$226.5) is trading above our estimate of fair value (CA$166.74)

Significantly Below Fair Value: 0Q89 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0Q89?

Key metric: As 0Q89 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0Q89. This is calculated by dividing 0Q89's market cap by their current earnings.
What is 0Q89's PE Ratio?
PE Ratio	32.6x
Earnings	US$2.23b
Market Cap	US$72.76b

0Q89 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	10.3x
Enterprise Value/EBITDA	35.9x
PEG Ratio	-27.6x

Price to Earnings Ratio vs Peers

How does 0Q89's PE Ratio compare to its peers?

The above table shows the PE ratio for 0Q89 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	36.7x
REL RELX	36.5x	8.1%	UK£69.1b
EXPN Experian	37x	12.7%	UK£34.9b
ITRK Intertek Group	23.5x	10.2%	UK£7.3b
DATA GlobalData	49.8x	27.7%	UK£1.6b
0Q89 Thomson Reuters	32.6x	-1.2%	CA$101.8b

Price-To-Earnings vs Peers: 0Q89 is good value based on its Price-To-Earnings Ratio (32.6x) compared to the peer average (36.7x).

Price to Earnings Ratio vs Industry

How does 0Q89's PE Ratio compare vs other companies in the GB Professional Services Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
IBPO iEnergizer	1.7x	n/a	US$140.06m
TEK Tekcapital	1.5x	n/a	US$20.71m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 0Q89 is expensive based on its Price-To-Earnings Ratio (32.6x) compared to the UK Professional Services industry average (23.3x).

Price to Earnings Ratio vs Fair Ratio

What is 0Q89's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0Q89 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	32.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 0Q89's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0Q89 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CA$226.50	CA$240.23 +6.1%	11.6%	CA$278.49	CA$195.98	n/a	7
Nov ’25	CA$230.40	CA$234.40 +1.7%	10.4%	CA$265.99	CA$194.75	n/a	7
Oct ’25	CA$230.22	CA$228.48 -0.8%	10.9%	CA$260.48	CA$186.27	n/a	7
Sep ’25	n/a	CA$227.11 0%	8.8%	CA$254.12	CA$188.55	n/a	8
Aug ’25	CA$228.43	CA$230.40 +0.9%	8.8%	CA$256.51	CA$190.33	n/a	8
Jul ’25	CA$228.52	CA$227.45 -0.5%	9.3%	CA$257.45	CA$187.71	n/a	8
Jun ’25	n/a	CA$225.63 0%	9.2%	CA$256.06	CA$186.70	n/a	8
May ’25	n/a	CA$219.46 0%	10.3%	CA$246.44	CA$174.65	n/a	8
Apr ’25	CA$212.62	CA$216.94 +2.0%	10.4%	CA$244.14	CA$173.03	n/a	8
Mar ’25	CA$213.76	CA$206.10 -3.6%	10.6%	CA$243.93	CA$162.71	n/a	8
Feb ’25	CA$200.66	CA$189.62 -5.5%	11.1%	CA$220.57	CA$152.06	n/a	9
Jan ’25	n/a	CA$184.30 0%	10.3%	CA$217.98	CA$152.56	n/a	9
Dec ’24	n/a	CA$182.58 0%	9.4%	CA$218.04	CA$152.59	n/a	9
Nov ’24	CA$166.63	CA$187.79 +12.7%	6.6%	CA$197.53	CA$155.83	CA$230.40	9
Oct ’24	n/a	CA$186.09 0%	10.2%	CA$222.22	CA$147.22	CA$230.22	8
Sep ’24	CA$173.59	CA$189.07 +8.9%	10.4%	CA$225.43	CA$148.38	n/a	8
Aug ’24	CA$177.85	CA$181.21 +1.9%	10.5%	CA$213.89	CA$144.95	CA$228.43	8
Jul ’24	n/a	CA$181.45 0%	10.5%	CA$214.18	CA$145.15	CA$228.52	8
Jun ’24	n/a	CA$186.06 0%	10.3%	CA$222.08	CA$153.11	n/a	7
May ’24	CA$187.15	CA$178.23 -4.8%	7.2%	CA$195.98	CA$154.11	n/a	7
Apr ’24	CA$180.56	CA$178.24 -1.3%	7.3%	CA$196.05	CA$153.89	CA$212.62	7
Mar ’24	n/a	CA$178.24 0%	7.3%	CA$196.05	CA$153.89	CA$213.76	7
Feb ’24	n/a	CA$168.17 0%	6.7%	CA$190.95	CA$151.09	CA$200.66	7
Jan ’24	CA$158.60	CA$165.75 +4.5%	8.4%	CA$186.25	CA$144.18	n/a	7
Dec ’23	CA$161.55	CA$165.24 +2.3%	8.6%	CA$188.53	CA$143.60	n/a	7
Nov ’23	CA$147.34	CA$169.85 +15.3%	8.1%	CA$194.70	CA$144.90	CA$166.63	7

Analyst Forecast: Target price is less than 20% higher than the current share price.