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Market Cap

US$17.0b

Last Updated

2021/05/07 23:44 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: CLVT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: CLVT's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

0.1%

CLVT

0.01%

US Professional Services

-0.3%

US Market


1 Year Return

18.0%

CLVT

40.9%

US Professional Services

50.2%

US Market

Return vs Industry: CLVT underperformed the US Professional Services industry which returned 41.3% over the past year.

Return vs Market: CLVT underperformed the US Market which returned 51.8% over the past year.


Shareholder returns

CLVTIndustryMarket
7 Day0.1%0.01%-0.3%
30 Day6.3%6.0%2.2%
90 Day-6.0%8.5%3.8%
1 Year18.0%18.0%42.0%40.9%52.7%50.2%
3 Yearn/a67.8%63.2%63.4%53.1%
5 Yearn/a146.0%129.2%129.6%104.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

9.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CLVT ($27.96) is trading below our estimate of fair value ($30.97)

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


Price To Earnings Ratio

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

PE vs Market: CLVT 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 CLVT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CLVT is good value based on its PB Ratio (1.8x) compared to the US Professional Services industry average (3.2x).


Future Growth

How is Clarivate forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

86.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CLVT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

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

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

Revenue vs Market: CLVT's revenue (14.9% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: CLVT's revenue (14.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CLVT's Return on Equity is forecast to be low in 3 years time (4.3%).


Past Performance

How has Clarivate performed over the past 5 years?

49.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: CLVT is currently unprofitable.

Growing Profit Margin: CLVT is currently unprofitable.


Past Earnings Growth Analysis

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

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

Earnings vs Industry: CLVT is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (11%).


Return on Equity

High ROE: CLVT has a negative Return on Equity (-1.11%), as it is currently unprofitable.


Financial Health

How is Clarivate's financial position?


Financial Position Analysis

Short Term Liabilities: CLVT's short term assets ($1.3B) do not cover its short term liabilities ($1.6B).

Long Term Liabilities: CLVT's short term assets ($1.3B) do not cover its long term liabilities ($4.0B).


Debt to Equity History and Analysis

Debt Level: CLVT's debt to equity ratio (36.4%) is considered satisfactory.

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


Balance Sheet


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 CLVT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CLVT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 108.3% per year.


Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if CLVT'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 CLVT'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?

2.7yrs

Average management tenure


CEO

Jerre Stead (77 yo)

1.92yrs

Tenure

US$20,672,203

Compensation

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 Plc since May 13, 2019...


CEO Compensation Analysis

Compensation vs Market: Jerre's total compensation ($USD20.67M) is above average for companies of similar size in the US market ($USD11.15M).

Compensation vs Earnings: Jerre's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: CLVT's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: CLVT's board of directors are not considered experienced ( 2 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: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 66.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: Clarivate Plc
  • Ticker: CLVT
  • Exchange: NYSE
  • Founded: NaN
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: US$17.002b
  • Shares outstanding: 608.08m
  • Website: https://www.clarivate.com

Number of Employees


Location

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

Listings


Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 23:44
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.