Equifax
Equifax Inc. provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The last earnings update was 61 days ago. More info.
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EFX Share Price and Events
7 Day Returns
1 Year Returns
EFX Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Equifax (EFX) | -0.9% | 10.9% | 20.3% | 5% | 6.8% | 79% |
| US Professional Services | -0% | 5.8% | 16% | 10.4% | 7.5% | 16.8% |
| US Market | -0.1% | 3.7% | 10.2% | 7.6% | 38.1% | 46.4% |
1 Year Return vs Industry and Market
- EFX underperformed the Professional Services industry which returned 10.4% over the past year.
- EFX underperformed the Market in United States of America which returned 7.6% over the past year.
Value
Is Equifax undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Equifax
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Equifax.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 18 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Professional Services Unlevered Beta | Simply Wall St/ S&P Global | 0.95 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.954 (1 + (1- 21%) (17.35%)) |
1.057 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.06 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.057 * 5.96%) |
9.03% |
Discounted Cash Flow Calculation for NYSE:EFX using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Equifax is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 9.03%) |
|
|---|---|---|---|
| 2019 | 373.55 | Analyst x4 | 342.61 |
| 2020 | 561.24 | Analyst x8 | 472.12 |
| 2021 | 788.50 | Analyst x4 | 608.36 |
| 2022 | 883.00 | Analyst x2 | 624.84 |
| 2023 | 954.00 | Analyst x2 | 619.17 |
| 2024 | 1,013.47 | Est @ 6.23% | 603.29 |
| 2025 | 1,065.99 | Est @ 5.18% | 582.00 |
| 2026 | 1,113.39 | Est @ 4.45% | 557.53 |
| 2027 | 1,157.17 | Est @ 3.93% | 531.46 |
| 2028 | 1,198.49 | Est @ 3.57% | 504.85 |
| Present value of next 10 years cash flows | $5,446.23 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $1,198.49 × (1 + 2.73%) ÷ (9.03% – 2.73%) |
$19,541.84 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $19,541.84 ÷ (1 + 9.03%)10 |
$8,231.70 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $5,446.23 + $8,231.70 |
$13,677.93 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $13,677.93 / 121.36 |
$112.7 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $112.70 |
| Current discount | Discount to share price of
$125.14
= -1 x ($125.14 - $112.70) / $112.70 |
-11% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Equifax is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Equifax's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Equifax's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $2.49 |
| NYSE:EFX Share Price ** | NYSE (2019-04-23) in USD | $125.14 |
| United States of America Professional Services Industry PE Ratio | Median Figure of 37 Publicly-Listed Professional Services Companies | 22.8x |
| United States of America Market PE Ratio | Median Figure of 3,080 Publicly-Listed Companies | 18.03x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Equifax.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:EFX Share Price ÷ EPS (both in USD) = 125.14 ÷ 2.49 |
50.26x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Equifax is overvalued based on earnings compared to the US Professional Services industry average.
- Equifax is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Equifax's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 50.26x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 18 Analysts |
26.7%per year |
| United States of America Professional Services Industry PEG Ratio | Median Figure of 33 Publicly-Listed Professional Services Companies | 1.68x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.55x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 50.26x ÷ 26.7% |
1.88x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Equifax is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Equifax's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $25.77 |
| NYSE:EFX Share Price * | NYSE (2019-04-23) in USD | $125.14 |
| United States of America Professional Services Industry PB Ratio | Median Figure of 55 Publicly-Listed Professional Services Companies | 2.28x |
| United States of America Market PB Ratio | Median Figure of 5,185 Publicly-Listed Companies | 1.92x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:EFX Share Price ÷ Book Value per Share (both in USD) = 125.14 ÷ 25.77 |
4.86x |
* Primary Listing of Equifax.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Equifax is overvalued based on assets compared to the US Professional Services industry average.
Value checks
We assess Equifax's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check) Equifax has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is Equifax expected to perform in the next 1 to 3 years based on estimates from 18 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Equifax's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Equifax's earnings growth is expected to exceed the United States of America market average.
- Equifax's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:EFX Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 18 Analysts | 26.7% |
| NYSE:EFX Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 18 Analysts | 4.4% |
| United States of America Professional Services Industry Earnings Growth Rate | Market Cap Weighted Average | 22.6% |
| United States of America Professional Services Industry Revenue Growth Rate | Market Cap Weighted Average | 5.2% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.5% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 18 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 4,357 | 1 | ||
| 2022-12-31 | 4,120 | 1 | ||
| 2021-12-31 | 3,882 | 1,236 | 679 | 5 |
| 2020-12-31 | 3,695 | 865 | 571 | 18 |
| 2019-12-31 | 3,489 | 685 | 447 | 18 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 3,412 | 672 | 300 |
| 2018-09-30 | 3,415 | 715 | 447 |
| 2018-06-30 | 3,416 | 842 | 504 |
| 2018-03-31 | 3,396 | 832 | 525 |
| 2017-12-31 | 3,362 | 816 | 587 |
| 2017-09-30 | 3,325 | 888 | 538 |
| 2017-06-30 | 3,294 | 854 | 575 |
| 2017-03-31 | 3,249 | 819 | 540 |
| 2016-12-31 | 3,145 | 823 | 489 |
| 2016-09-30 | 3,010 | 750 | 478 |
| 2016-06-30 | 2,873 | 751 | 463 |
| 2016-03-31 | 2,740 | 747 | 443 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 18 Analyst Estimates (S&P Global) | See Below |
All data from Equifax Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 7.17 | 7.17 | 7.17 | 1.00 |
| 2022-12-31 | 6.54 | 6.54 | 6.54 | 1.00 |
| 2021-12-31 | 5.80 | 5.95 | 5.64 | 2.00 |
| 2020-12-31 | 4.69 | 5.65 | 3.67 | 10.00 |
| 2019-12-31 | 3.67 | 4.86 | 2.32 | 11.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 2.49 |
| 2018-09-30 | 3.71 |
| 2018-06-30 | 4.20 |
| 2018-03-31 | 4.37 |
| 2017-12-31 | 4.89 |
| 2017-09-30 | 4.48 |
| 2017-06-30 | 4.79 |
| 2017-03-31 | 4.52 |
| 2016-12-31 | 4.10 |
| 2016-09-30 | 4.01 |
| 2016-06-30 | 3.90 |
| 2016-03-31 | 3.74 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Equifax's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Equifax has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Equifax performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Equifax's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
- Equifax's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Equifax's 1-year earnings growth is negative, it can't be compared to the US Professional Services industry average.
Earnings and Revenue History
All data from Equifax Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 3,412.10 | 299.80 | 1,232.90 | |
| 2018-09-30 | 3,415.20 | 446.50 | 1,182.10 | |
| 2018-06-30 | 3,415.80 | 504.40 | 1,129.00 | |
| 2018-03-31 | 3,395.70 | 524.90 | 1,098.10 | |
| 2017-12-31 | 3,362.20 | 587.30 | 1,089.10 | |
| 2017-09-30 | 3,324.90 | 538.00 | 988.20 | |
| 2017-06-30 | 3,294.30 | 574.50 | 905.70 | |
| 2017-03-31 | 3,248.80 | 540.00 | 910.80 | |
| 2016-12-31 | 3,144.90 | 488.80 | 918.10 | |
| 2016-09-30 | 3,010.10 | 477.70 | 923.70 | |
| 2016-06-30 | 2,873.30 | 462.80 | 907.50 | |
| 2016-03-31 | 2,740.10 | 442.90 | 894.50 | |
| 2015-12-31 | 2,663.60 | 429.10 | 863.60 | |
| 2015-09-30 | 2,621.90 | 415.20 | 835.20 | |
| 2015-06-30 | 2,567.90 | 390.00 | 815.80 | |
| 2015-03-31 | 2,503.70 | 371.80 | 780.60 | |
| 2014-12-31 | 2,436.40 | 367.40 | 751.70 | |
| 2014-09-30 | 2,390.30 | 346.10 | 728.80 | |
| 2014-06-30 | 2,348.90 | 337.50 | 704.40 | |
| 2014-03-31 | 2,321.90 | 335.20 | 707.40 | |
| 2013-12-31 | 2,303.90 | 333.40 | 706.50 | |
| 2013-09-30 | 2,259.20 | 301.20 | 701.10 | |
| 2013-06-30 | 2,207.20 | 294.00 | 689.20 | |
| 2013-03-31 | 2,133.60 | 277.60 | 659.50 | |
| 2012-12-31 | 2,073.00 | 266.60 | 634.80 | |
| 2012-09-30 | 2,048.90 | 295.00 | 619.40 | |
| 2012-06-30 | 2,019.30 | 284.80 | 599.60 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Equifax has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Equifax used its assets less efficiently than the US Professional Services industry average last year based on Return on Assets.
- Equifax's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Equifax's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Equifax has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Equifax's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Equifax's finances.
The net worth of a company is the difference between its assets and liabilities.
- Equifax is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Equifax's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Equifax Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 3,155.70 | 2,635.50 | 223.60 |
| 2018-09-30 | 3,241.50 | 2,632.50 | 253.40 |
| 2018-06-30 | 3,279.70 | 2,632.40 | 327.40 |
| 2018-03-31 | 3,336.90 | 2,628.10 | 249.30 |
| 2017-12-31 | 3,239.00 | 2,704.30 | 336.40 |
| 2017-09-30 | 3,165.70 | 2,706.50 | 315.40 |
| 2017-06-30 | 3,081.40 | 2,832.30 | 403.90 |
| 2017-03-31 | 2,952.20 | 2,669.20 | 123.20 |
| 2016-12-31 | 2,721.30 | 2,672.20 | 129.30 |
| 2016-09-30 | 2,787.40 | 2,843.00 | 111.50 |
| 2016-06-30 | 2,583.40 | 2,946.20 | 96.80 |
| 2016-03-31 | 2,532.80 | 3,069.20 | 96.80 |
| 2015-12-31 | 2,350.40 | 1,187.70 | 93.30 |
| 2015-09-30 | 2,267.50 | 1,332.70 | 108.50 |
| 2015-06-30 | 2,206.60 | 1,480.90 | 84.20 |
| 2015-03-31 | 2,189.70 | 1,523.30 | 95.00 |
| 2014-12-31 | 2,234.60 | 1,526.10 | 128.30 |
| 2014-09-30 | 2,371.00 | 1,554.60 | 116.20 |
| 2014-06-30 | 2,441.20 | 1,555.40 | 94.50 |
| 2014-03-31 | 2,395.50 | 1,634.00 | 101.40 |
| 2013-12-31 | 2,341.00 | 1,442.00 | 235.90 |
| 2013-09-30 | 2,193.40 | 1,444.20 | 131.90 |
| 2013-06-30 | 2,120.00 | 1,505.60 | 104.90 |
| 2013-03-31 | 2,044.50 | 1,622.30 | 107.60 |
| 2012-12-31 | 1,959.20 | 1,730.70 | 146.80 |
| 2012-09-30 | 1,883.20 | 968.30 | 267.20 |
| 2012-06-30 | 1,827.90 | 968.80 | 183.10 |
- Equifax's level of debt (83.5%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (61.7% vs 83.5% today).
- Debt is well covered by operating cash flow (25.5%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 4.1x coverage).
Financial health checks
We assess Equifax's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Equifax has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Equifax's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Equifax
shares you are expected to receive
$25
in your first year as a dividend.
Dividend Amount
- Equifax's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
- Equifax's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 18 Analyst Estimates (S&P Global) | See Below |
| United States of America Professional Services Industry Average Dividend Yield | Market Cap Weighted Average of 20 Stocks | 1.5% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2008 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 1.71 | 4.00 |
| 2020-12-31 | 1.63 | 10.00 |
| 2019-12-31 | 1.59 | 10.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-20 | 1.560 | 1.349 |
| 2018-11-09 | 1.560 | 1.555 |
| 2018-08-07 | 1.560 | 1.260 |
| 2018-05-03 | 1.560 | 1.281 |
| 2018-03-01 | 1.560 | 1.317 |
| 2017-11-09 | 1.560 | 1.332 |
| 2017-08-04 | 1.560 | 1.332 |
| 2017-05-04 | 1.560 | 1.120 |
| 2017-04-27 | 1.560 | 1.147 |
| 2017-04-26 | 1.560 | 1.135 |
| 2017-02-22 | 1.560 | 1.157 |
| 2017-02-08 | 1.560 | 1.210 |
| 2016-11-03 | 1.320 | 1.112 |
| 2016-08-05 | 1.320 | 1.008 |
| 2016-05-05 | 1.320 | 1.038 |
| 2016-04-29 | 1.320 | 1.098 |
| 2016-04-27 | 1.320 | 1.103 |
| 2016-02-24 | 1.320 | 1.181 |
| 2016-02-10 | 1.320 | 1.323 |
| 2015-11-05 | 1.160 | 1.085 |
| 2015-10-22 | 1.160 | 1.091 |
| 2015-10-21 | 1.160 | 1.109 |
| 2015-05-01 | 1.160 | 1.163 |
| 2015-02-11 | 1.160 | 1.241 |
| 2014-11-06 | 1.000 | 1.227 |
| 2014-08-08 | 1.000 | 1.319 |
| 2014-05-02 | 1.000 | 1.380 |
| 2014-02-13 | 1.000 | 1.439 |
| 2013-11-07 | 0.880 | 1.290 |
| 2013-08-01 | 0.880 | 1.423 |
| 2013-05-02 | 0.880 | 1.439 |
| 2013-02-06 | 0.880 | 1.545 |
| 2012-11-08 | 0.720 | 1.324 |
| 2012-08-17 | 0.720 | 1.501 |
| 2012-05-03 | 0.720 | 1.551 |
| 2012-02-10 | 0.720 | 1.652 |
| 2011-11-03 | 0.640 | 1.695 |
| 2011-08-15 | 0.640 | 2.005 |
| 2011-05-05 | 0.640 | 1.838 |
| 2011-02-11 | 0.640 | 1.727 |
| 2010-11-08 | 0.640 | 1.798 |
| 2010-08-17 | 0.160 | 0.513 |
| 2010-05-07 | 0.160 | 0.531 |
| 2010-02-05 | 0.160 | 0.472 |
| 2009-11-06 | 0.160 | 0.522 |
| 2009-08-14 | 0.160 | 0.572 |
| 2009-05-08 | 0.160 | 0.600 |
| 2009-04-24 | 0.160 | 0.554 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Equifax's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are covered by earnings (1.6x coverage).
- Dividends after 3 years are expected to be well covered by earnings (3.9x coverage).
Income/ dividend checks
We assess Equifax's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Equifax afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Equifax has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $20,013,712 |
| AGE | 60 |
| TENURE AS CEO | 1 years |
CEO Bio
Mr. Mark W. Begor serves as the Chief Executive Officer and Director of Equifax Inc. since April 16, 2018. He served as Managing Director of Industrial and Business Services Group at Warburg Pincus LLC since June 27, 2016 and had been its Managing Partner since June 2016. Mr. Begor worked with Warburg Pincus' portfolio companies to accelerate growth and enhance operations, as well as help to identify and evaluate investment opportunities. He joined Warburg Pincus from General Electric ("GE"), where he spent 35 years. His roles during his tenure at GE, also included leadership positions in Commercial Real Estate, Capital Restructuring Operations and U.S. Consumer Credit Card businesses. He served as the Chief Executive Officer and President at GE Energy Management, Inc. from April 2014 to October 1, 2015. Mr. Begor served as the President and Chief Executive Officer of GE Real Estate (also known as GE Capital Real Estate) from April 1, 2011 to April 2014. He served as Chief Executive Officer & President of GE Capital Restructuring Operations at General Electric Company since April 1, 2011. He served as the Chief Executive Officer and President of Retail Finance & Restructuring Operations at GE Corporate Financial Services, Inc. and General Electric Company since 2008. He served as the Chief Executive Officer and President at GE Capital Retail Bank (formerly GE Money Bank, Synchrony Bank) (Stamford, CT) since 2003. Mr. Begor joined GE Money as the Chief Operating Officer in January 2002. He was a Senior Vice President of GE Consumer Finance Americas Operations at General Electric Co. since July 2005. He served as the Chief Executive Officer and President of GE Money Americas at General Electric Co. He also served as GE's Investor Relations leader. Beyond his operating experience, he oversaw a large number of acquisitions and dispositions during his GE career. At NBCUniversal Media, LLC, he served as an Executive Vice President, Head of Business Development and Chief Financial Officer from April 1998 to 2002. Mr. Begor worked at ValueVision Media Inc. (now EVINE Live Inc.). Mr. Begor was responsible for its global finance, accounting, tax and information technology activities. He began his career at GE in 1980 and held various financial positions in GE and GE Plastics, including Manager of Finance and Business Development for GE Plastics Pacific in Singapore and as General Manager of Global Sourcing and Petrochemicals operations at GE Plastics since October 1993. From 1989 to 1993, Mr. Begor worked in a variety of roles at GE Plastics, including three years in Singapore as the Chief Financial Officer and Business Development Leader. From August 1995 to March 1998, he was the Head/Manager of Investor Communications at GE. Mr. Begor was a Corporate Officer at GE since December 1996. He was a Member of Corporate Audit Staff at GE. He serves as a Director of BAC COM - GECF INC. Mr. Begor serves on Corporate Executive Council of GE. He serves on the Boards of MasterCard International. Mr. Begor is a Director of Crossmark, Hygiena, and Service Logic and was that of Total Safety. He served as a Director of Fair Isaac Corporation since March 21, 2016 until April 2, 2018. Mr. Begor serves as a Director of Kids in Crisis and St. Luke's School. He served as a Director of General Electric Capital Corporation (now GE Capital Global Holdings, LLC) and General Electric Capital Services, Inc. He served as Director of NBCUniversal Media, LLC and NBC Internet, Inc. since November 1999. He served as a Member of the Board of Managers of Snap LLC since November 1999. Mr. Begor was twice named Investor Relations Officer of the Year by Investor Relations magazine. He is a graduate of GE's Financial Management Program. Mr. Begor received an M.B.A. from Rensselaer Polytechnic Institute and a B.S. in Finance and Marketing from Syracuse University.
CEO Compensation
- Insufficient data for Mark to compare compensation growth.
- Mark's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Equifax management team in years:
- The average tenure for the Equifax management team is less than 2 years, this suggests a new team.
Management Team
Mark Begor
CEO & Director
$20M
60
1 yrs
John Gamble
Corporate VP & CFO
$4M
55
4.9 yrs
Bryson Koehler
Chief Technology Officer
$6M
42
0.8 yrs
John Kelley
Corporate VP
$3M
57
6.3 yrs
Paulino do Rego Barros
Executive
$4M
62
0.2 yrs
Jamil Farshchi
Chief Information Security Officer
$4M
40
1.2 yrs
Andy Bodea
Chief Global Operations Officer
9 yrs
James Griggs
Chief Accounting Officer & Corporate Controller
0.6 yrs
Mark Rohrwasser
Chief Information Officer for Equifax international business unit
1.6 yrs
Trevor Burns
Senior Vice President of Investor relations
1.3 yrs
Board of Directors Tenure
Average tenure and age of the Equifax board of directors in years:
- The average tenure for the Equifax board of directors is less than 3 years, this suggests a new board.
Board of Directors
Mark Feidler
Independent Chairman of the Board
$330K
61
1.6 yrs
Mark Begor
CEO & Director
$20M
60
1 yrs
Siri Marshall
Independent Director
$288K
69
12.7 yrs
John McKinley
Independent Director
$290K
60
10.5 yrs
Rob Marcus
Independent Director
$290K
52
5.4 yrs
Tom Hough
Independent Director
$296K
63
2.5 yrs
Elane Stock
Independent Director
$294K
53
2.3 yrs
Scott McGregor
Independent Director
$277K
62
1.5 yrs
Bob Selander
Independent Director
$423K
68
1.1 yrs
Heather Wilson
Independent Director
46
0.2 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 30. May 18 | Buy | Mark Begor | Individual | 25. May 18 | 25. May 18 | 8,700 | $115.01 | $1,000,627 | ||
Management checks
We assess Equifax's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Equifax has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Read This Before Selling Equifax Inc. (NYSE:EFX) Shares
The Last 12 Months Of Insider Transactions At Equifax. … CEO & Director Mark Begor made the biggest insider purchase in the last 12 months. … In this case we're pleased to report that the insider bought shares at close to current prices
Simply Wall St - – Full articleWhat Should Investors Know About Equifax Inc.'s (NYSE:EFX) Growth?
Based on Equifax Inc.'s (NYSE:EFX) earnings update in December 2018,. … the consensus outlook from analysts appear fairly confident, … the past 5-year average growth rate of 7.9%
Simply Wall St - – Full articleWhat Does Equifax Inc.'s (NYSE:EFX) P/E Ratio Tell You?
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Equifax has a price to earnings ratio of 47.59, based on the last twelve months. … How Do I Calculate Equifax's Price To Earnings Ratio
Simply Wall St - – Full articleAt US$111, Is It Time To Put Equifax Inc. (NYSE:EFX) On Your Watch List?
led the NYSE gainers with a relatively large price hike in the past couple of weeks. … With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price … However, could the stock still be trading at a relatively cheap price?
Simply Wall St - – Full articleIntroducing Equifax, A Stock That Climbed 55% In The Last Five Years
To wit, the Equifax share price has climbed 55% in five years, easily topping the market return of 40% (ignoring dividends). … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. … Equifax's earnings per share are down 2.0% per year, despite strong share price performance over five years.
Simply Wall St - – Full articleShould You Be Impressed By Equifax Inc.'s (NYSE:EFX) ROE?
This article is for those who would like to learn about Return On Equity (ROE). … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.14 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleEquifax Inc.’s (NYSE:EFX) Investment Returns Are Lagging Its Industry
In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Simply Wall St - – Full articleDoes Equifax Inc (NYSE:EFX) Generate Enough Cash?
I’ve analysed below, the health and outlook of Equifax’s cash flow, which will help you understand the stock from a cash standpoint. … Equifax generates cash through its day-to-day business, which needs to be reinvested into the company in order for it to continue operating. … There are two methods I will use to evaluate the quality of Equifax’s FCF: firstly, I will measure its FCF yield relative to the market index yield; secondly, I will examine whether its operating cash flow will continue to grow into the future, which will give us a sense of sustainability
Simply Wall St - – Full articleIs Now An Opportune Moment To Examine Equifax Inc (NYSE:EFX)?
saw significant share price volatility over the past couple of months on the NYSE, rising to the highs of $138.06 and falling to the lows of $96.62. … A question to answer is whether Equifax's current trading price of $96.62 reflective of the actual value of the? … Let’s take a look at Equifax’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change
Simply Wall St - – Full articleIs Equifax Inc (NYSE:EFX) Attractive At Its Current PE Ratio?
I am writing today to help inform people who are new to the stock market. … and want to learn about the link between company’s fundamentals and stock market performance. … I will deconstruct the P/E ratio and highlight what you need to be careful of when using the P/E ratio
Simply Wall St - – Full articleCompany Info
Description
Equifax Inc. provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services. The International segment provides information service products, which include consumer and commercial services, such as credit and financial information, and credit scoring and modeling; and credit and other marketing products and services, as well as offers information, technology, and services to support debt collections and recovery management. The Workforce Solutions segment provides employment, income, and social security number verification services; and payroll-based transaction and employment tax management services. The Global Consumer Solutions segment offers credit information, credit monitoring, and identity theft protection products directly to consumers through Internet. The company serves customers in financial service, mortgage, employers, consumer, commercial, telecommunication, retail, automotive, utility, brokerage, healthcare, and insurance industries, as well as state and federal governments. The company operates in the United States, Canada, Australia, New Zealand, India, the United Kingdom, Spain, Portugal, Argentina, Chile, Costa Rica, Ecuador, El Salvador, Honduras, Mexico, Paraguay, Peru, Uruguay, Brazil, the Republic of Ireland, Russia, India, Cambodia, Malaysia, Singapore, and the United Arab Emirates. Equifax Inc. was founded in 1899 and is headquartered in Atlanta, Georgia.
Details
| Name: | Equifax Inc. |
| EFX | |
| Exchange: | NYSE |
| Founded: | 1899 |
| $15,187,613,847 | |
| 121,364,982 | |
| Website: | http://www.equifax.com |
| Address: |
Equifax Inc. 1550 Peachtree Street, N.W., Atlanta, Georgia, 30309, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | EFX | Common Stock | New York Stock Exchange | US | USD | 02. Jan 1969 | |
| DB | EFX | Common Stock | Deutsche Boerse AG | DE | EUR | 02. Jan 1969 | |
| LSE | 0II3 | Common Stock | London Stock Exchange | GB | USD | 02. Jan 1969 |
Number of employees
Current staff
Industry
| Research and Consulting Services | |
| Commercial Services |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/23 23:36 |
| End of day share price update: | 2019/04/23 00:00 |
| Last estimates confirmation: | 2019/04/21 |
| Last earnings filing: | 2019/02/21 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
