NYSE:CCC

Stock Analysis Report

Executive Summary

Clarivate Analytics Plc, an information services and analytics company, provides structured information and analytics for discovery, protection, and commercialization of scientific research, innovations, and brands.

Rewards

Earnings are forecast to grow 79.7% per year

Revenue grew by 0.9% over the past year

Risk Analysis

No risks detected for CCC from our risk checks.


Snowflake Analysis

Moderate growth potential with imperfect balance sheet.


Similar Companies

Share Price & News

How has Clarivate Analytics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CCC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-10.8%

CCC

-6.6%

US Professional Services

-7.6%

US Market


1 Year Return

n/a

CCC

18.9%

US Professional Services

10.2%

US Market

Return vs Industry: Insufficient data to determine how CCC performed against the US Professional Services industry.

Return vs Market: Insufficient data to determine how CCC performed against the US Market.


Shareholder returns

CCCIndustryMarket
7 Day-10.8%-6.6%-7.6%
30 Day-2.6%-3.4%-4.5%
90 Day14.7%3.9%-0.6%
1 Yearn/a19.8%18.9%12.5%10.2%
3 Yearn/a49.5%45.5%37.1%28.3%
5 Yearn/a70.1%62.1%60.8%43.2%

Price Volatility Vs. Market

How volatile is Clarivate Analytics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Clarivate Analytics undervalued compared to its fair value and its price relative to the market?

4.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: CCC ($20.85) is trading above our estimate of fair value ($16.65)

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


Price To Earnings Ratio

PE vs Industry: CCC is unprofitable, so we can't compare its PE Ratio to the Professional Services industry average.

PE vs Market: CCC is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CCC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CCC is overvalued based on its PB Ratio (4.6x) compared to the US Professional Services industry average (2.6x).


Next Steps

Future Growth

How is Clarivate Analytics forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

79.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CCC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: CCC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CCC's is expected to become profitable in the next 3 years.

Revenue vs Market: CCC's revenue (3.8% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: CCC's revenue (3.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CCC's Return on Equity is forecast to be low in 3 years time (3.3%).


Next Steps

Past Performance

How has Clarivate Analytics performed over the past 5 years?

31.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: CCC is currently unprofitable.

Growing Profit Margin: CCC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if CCC's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare CCC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CCC is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (10.6%).


Return on Equity

High ROE: CCC has a negative Return on Equity (-12.36%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Clarivate Analytics's financial position?


Financial Position Analysis

Short Term Liabilities: CCC's short term assets ($361.3M) do not cover its short term liabilities ($560.3M).

Long Term Liabilities: CCC's short term assets ($361.3M) do not cover its long term liabilities ($1.7B).


Debt to Equity History and Analysis

Debt Level: CCC's debt to equity ratio (96.5%) is considered high.

Reducing Debt: Insufficient data to determine if CCC's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: CCC has a low level of unsold assets or inventory.

Debt Coverage by Assets: CCC's debt is not covered by short term assets (assets are 0.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable CCC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CCC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.5% per year.


Next Steps

Dividend

What is Clarivate Analytics's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%4.0%industryaverage1.0%forecastin3Years0%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate CCC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CCC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CCC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CCC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CCC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Jerre Stead (76yo)

0.7yrs

Tenure

0

Mr. Jerre L. Stead has been the Chairman and Chief Executive Officer of Markit Ltd. since July 12, 2016. Mr. Stead serves as an Executive Director and Executive Chairman of Clarivate Analytics Plc since Ma ...


Leadership Team

NamePositionTenureCompensationOwnership
Jerre Stead
Executive Chairman & CEO0.7yrsno data1.06% $73.0m
Richard Hanks
Chief Financial Officer2.9yrsno datano data
Michael Morhardt
Executive Vice President of Commercial Performance & Operations0yrsno datano data
Christie Archbold
Chief Accounting Officer0yrsno datano data
Randall Harvey
Chief Technology Officer0.6yrsno datano data
Anthony Gerstein
Head of Investor Relations0yrsno datano data
Stephen Hartman
General Counsel5.6yrsno data0.040% $2.7m
Julia Mair
Chief Marketing Officer0yrsno datano data
Andrea Degutis
Chief Human Resources Officer0yrsno datano data
Mukhtar Ahmed
President of Science Group2.1yrsno data0.040% $2.7m

2.1yrs

Average Tenure

54.5yo

Average Age

Experienced Management: CCC's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jerre Stead
Executive Chairman & CEO0.7yrsno data1.06% $73.0m
Anthony Munk
Independent Director3.3yrsno datano data
Karen Mills
Independent Director0.8yrsno datano data
Konstantin Gilis
Independent Director1.1yrsno datano data
Balakrishnan Iyer
Independent Director0.8yrsno data0.077% $5.3m
Charles Moran
Independent Director0yrsno datano data
Martin Broughton
Independent Director0.8yrsno data0.077% $5.3m
Matthew Scattarella
Independent Director0.8yrsno datano data
Sheryl von Blucher
Independent Director0.8yrsno data0.98% $67.7m
Charles Neral
Independent Director2.6yrsno data0.0079% $544.9k

0.8yrs

Average Tenure

62yo

Average Age

Experienced Board: CCC's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: CCC only recently listed within the past 12 months, with total shares outstanding growing by 2072.4% in the past year..


Top Shareholders

Company Information

Clarivate Analytics Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Clarivate Analytics Plc
  • Ticker: CCC
  • Exchange: NYSE
  • Founded:
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: US$6.897b
  • Shares outstanding: 334.47m
  • Website: https://www.clarivate.com

Number of Employees


Location

  • Clarivate Analytics Plc
  • Friars House
  • 160 Blackfriars Road
  • London
  • Greater London
  • SE1 8EZ
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CCCNYSE (New York Stock Exchange)YesCommon StockUSUSDMay 2019
16ADB (Deutsche Boerse AG)YesCommon StockDEEURMay 2019

Biography

Clarivate Analytics Plc, an information services and analytics company, provides structured information and analytics for discovery, protection, and commercialization of scientific research, innovations, and brands. It offers Web of Science products and services to organizations that plan, fund, implement, and utilize research, such as Web of Science, InCites, Journal Citation Reports, EndNote, ScholarOne, Converis, Publons, and Kopernio; and Life Sciences Products, including Cortellis, Newport, and Integrity to pharmaceutical and biotechnology companies. The company also provides Derwent products, which includes Derwent Innovation, Techstreet, and IP Professional Services that provide various analytics capabilities and data visualization tools to enhance the IP-driven decisions; CompuMark products, such as trademark screening, searching, and watching products and services for businesses and law firms; and MarkMonitor, a technology service, including domain management and brand protection services. It serves government and academic institutions, life science companies, and R&D corporations. The company is headquartered in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 03:03
End of Day Share Price2020/02/26 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.