Experian Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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 EXPN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EXPN (£36.57) is trading below our estimate of fair value (£38.65)

Significantly Below Fair Value: EXPN is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for EXPN. This is calculated by dividing EXPN's market cap by their current earnings.
What is EXPN's PE Ratio?
PE Ratio	35.9x
Earnings	US$1.18b
Market Cap	US$42.31b

EXPN 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	6.4x
Enterprise Value/EBITDA	21.3x
PEG Ratio	2.8x

Price to Earnings Ratio vs Peers

How does EXPN's PE Ratio compare to its peers?

The above table shows the PE ratio for EXPN 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	33.6x
REL RELX	35.7x	8.1%	UK£67.6b
ITRK Intertek Group	23.5x	10.2%	UK£7.2b
DATA GlobalData	49.8x	27.7%	UK£1.6b
DWF DWF Group	25.4x	47.9%	UK£316.4m
EXPN Experian	35.9x	12.6%	UK£33.4b

Price-To-Earnings vs Peers: EXPN is good value based on its Price-To-Earnings Ratio (35.9x) compared to the peer average (36.3x).

Price to Earnings Ratio vs Industry

How does EXPN'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	1.8x	n/a	US$25.09m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: EXPN is expensive based on its Price-To-Earnings Ratio (35.9x) compared to the UK Professional Services industry average (23.1x).

Price to Earnings Ratio vs Fair Ratio

What is EXPN'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.

EXPN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	35.9x
Fair PE Ratio	36.6x

Price-To-Earnings vs Fair Ratio: EXPN is good value based on its Price-To-Earnings Ratio (35.9x) compared to the estimated Fair Price-To-Earnings Ratio (36.6x).

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 EXPN 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	UK£36.57	UK£44.04 +20.4%	9.1%	UK£52.37	UK£37.22	n/a	15
Nov ’25	UK£38.42	UK£43.97 +14.5%	9.4%	UK£53.93	UK£37.28	n/a	15
Oct ’25	UK£39.56	UK£41.07 +3.8%	9.7%	UK£52.47	UK£34.14	n/a	15
Sep ’25	UK£36.84	UK£40.17 +9.0%	12.2%	UK£48.41	UK£24.91	n/a	15
Aug ’25	UK£35.79	UK£39.99 +11.7%	11.9%	UK£48.14	UK£24.77	n/a	16
Jul ’25	UK£36.48	UK£39.04 +7.0%	11.9%	UK£44.15	UK£25.05	n/a	16
Jun ’25	UK£36.07	UK£38.08 +5.6%	14.1%	UK£43.61	UK£24.94	n/a	17
May ’25	UK£32.20	UK£36.27 +12.6%	13.6%	UK£43.20	UK£25.35	n/a	17
Apr ’25	UK£34.54	UK£35.47 +2.7%	14.0%	UK£42.91	UK£25.24	n/a	16
Mar ’25	UK£33.58	UK£33.79 +0.6%	14.7%	UK£42.54	UK£25.02	n/a	14
Feb ’25	UK£33.22	UK£32.89 -1.0%	14.1%	UK£42.45	UK£24.96	n/a	15
Jan ’25	UK£32.02	UK£31.54 -1.5%	13.6%	UK£39.66	UK£24.24	n/a	15
Dec ’24	UK£29.24	UK£31.30 +7.0%	13.2%	UK£39.72	UK£24.28	n/a	15
Nov ’24	UK£24.89	UK£33.18 +33.3%	13.6%	UK£42.62	UK£26.43	UK£38.42	14
Oct ’24	UK£26.91	UK£33.29 +23.7%	13.6%	UK£42.37	UK£26.28	UK£39.56	14
Sep ’24	UK£27.68	UK£32.59 +17.8%	12.9%	UK£41.11	UK£25.50	UK£36.84	15
Aug ’24	UK£29.89	UK£32.08 +7.3%	12.3%	UK£40.24	UK£24.96	UK£35.79	16
Jul ’24	UK£30.18	UK£31.02 +2.8%	12.1%	UK£37.28	UK£24.49	UK£36.48	16
Jun ’24	UK£28.42	UK£31.57 +11.1%	11.9%	UK£37.84	UK£24.86	UK£36.07	17
May ’24	UK£28.10	UK£31.41 +11.8%	12.6%	UK£38.59	UK£24.42	UK£32.20	16
Apr ’24	UK£26.60	UK£32.38 +21.7%	11.8%	UK£39.46	UK£24.97	UK£34.54	16
Mar ’24	UK£28.15	UK£33.13 +17.7%	11.6%	UK£40.26	UK£25.48	UK£33.58	16
Feb ’24	UK£29.77	UK£32.51 +9.2%	11.9%	UK£39.34	UK£24.90	UK£33.22	16
Jan ’24	UK£28.13	UK£30.56 +8.6%	18.2%	UK£38.64	UK£14.08	UK£32.02	16
Dec ’23	UK£29.54	UK£31.24 +5.7%	18.0%	UK£38.58	UK£14.45	UK£29.24	16
Nov ’23	UK£26.88	UK£31.64 +17.7%	17.1%	UK£37.95	UK£15.05	UK£24.89	16

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.