IHS Markit
Market Cap
US$31.9b
Last Updated
2020/02/20 02:19 UTC
Data Sources
Company Financials +
Executive Summary
IHS Markit Ltd. provides critical information, analytics, and solutions for various industries and markets that drive economies worldwide.
Snowflake Analysis
Mediocre balance sheet with limited growth.
Similar Companies
Share Price & News
How has IHS Markit's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INFO has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.0%
INFO
1.4%
US Professional Services
0.5%
US Market
1 Year Return
52.8%
INFO
31.4%
US Professional Services
20.3%
US Market
Return vs Industry: INFO exceeded the US Professional Services industry which returned 31.4% over the past year.
Return vs Market: INFO exceeded the US Market which returned 20.3% over the past year.
Shareholder returns
| INFO | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.0% | 1.4% | 0.5% |
| 30 Day | 1.2% | 3.8% | 2.0% |
| 90 Day | 12.9% | 14.0% | 9.4% |
| 1 Year | 53.1%52.8% | 32.6%31.4% | 22.8%20.3% |
| 3 Year | 101.5%101.1% | 63.6%58.3% | 50.1%40.4% |
| 5 Year | 142.9%142.4% | 83.3%73.3% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is IHS Markit's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
What To Know Before Buying IHS Markit Ltd. (NYSE:INFO) For Its Dividend1 week ago | Simply Wall St
The Independent Director of IHS Markit Ltd. (NYSE:INFO), Richard Roedel, Just Sold 39% Of Their Holding2 weeks ago | Simply Wall St
Is IHS Markit Ltd. (NYSE:INFO) Expensive For A Reason? A Look At Its Intrinsic ValueValuation
Is IHS Markit undervalued compared to its fair value and its price relative to the market?
64.46x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: INFO ($81.11) is trading above our estimate of fair value ($62.1)
Significantly Below Fair Value: INFO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: INFO is poor value based on its PE Ratio (64.5x) compared to the Professional Services industry average (20.5x).
PE vs Market: INFO is poor value based on its PE Ratio (64.5x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: INFO is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: INFO is overvalued based on its PB Ratio (3.8x) compared to the US Professional Services industry average (2.7x).
Next Steps
Future Growth
How is IHS Markit forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
19.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INFO's forecast earnings growth (19.8% per year) is above the savings rate (1.7%).
Earnings vs Market: INFO's earnings (19.8% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: INFO's earnings are forecast to grow, but not significantly.
Revenue vs Market: INFO's revenue (4.7% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: INFO's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INFO's Return on Equity is forecast to be low in 3 years time (16.5%).
Next Steps
Past Performance
How has IHS Markit performed over the past 5 years?
26.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INFO has high quality earnings.
Growing Profit Margin: INFO's current net profit margins (11.4%) are lower than last year (13.5%).
Past Earnings Growth Analysis
Earnings Trend: INFO's earnings have grown significantly by 26.8% per year over the past 5 years.
Accelerating Growth: INFO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: INFO had negative earnings growth (-7.3%) over the past year, making it difficult to compare to the Professional Services industry average (10.6%).
Return on Equity
High ROE: INFO's Return on Equity (5.9%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is IHS Markit's financial position?
Financial Position Analysis
Short Term Liabilities: INFO's short term assets ($1.3B) do not cover its short term liabilities ($2.0B).
Long Term Liabilities: INFO's short term assets ($1.3B) do not cover its long term liabilities ($5.7B).
Debt to Equity History and Analysis
Debt Level: INFO's debt to equity ratio (60.7%) is considered high.
Reducing Debt: INFO's debt to equity ratio has reduced from 85.4% to 60.7% over the past 5 years.
Debt Coverage: INFO's debt is well covered by operating cash flow (24.4%).
Interest Coverage: INFO's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
Inventory Level: INFO has a low level of unsold assets or inventory.
Debt Coverage by Assets: INFO's debt is not covered by short term assets (assets are 0.3x debt).
Next Steps
Dividend
What is IHS Markit's current dividend yield, its reliability and sustainability?
0.84%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: INFO's dividend (0.84%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: INFO's dividend (0.84%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether INFO's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if INFO's dividend payments are increasing as they only just started paying a dividend.
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 INFO'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?
1.6yrs
Average management tenure
CEO
Lance Uggla (57yo)
2.2yrs
Tenure
US$11,184,705
Compensation
Mr. Lance Uggla serves as Director at Mastercard Incorporated since June 25, 2019. He serves as Chairman and Chief Executive Officer at IHS Markit Ltd. Mr. Uggla served as the President of Markit Ltd. sinc ...
CEO Compensation Analysis
Compensation vs Market: Lance's total compensation ($USD11.18M) is about average for companies of similar size in the US market ($USD10.78M).
Compensation vs Earnings: Lance's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 2.2yrs | US$11.18m | 0.32% $102.2m | |
| CFO & Executive VP | 0yrs | US$2.89m | 0.050% $15.9m | |
| Executive VP | 1.1yrs | US$1.90m | 0.013% $4.0m | |
| Executive VP & President of Financial Services | 0yrs | US$2.62m | 0.046% $14.6m | |
| Senior VP & Chief Accounting Officer | 3yrs | no data | 0.0049% $1.6m | |
| CTO & Chief Data Scientist | 2.1yrs | no data | no data | |
| Vice President | 0yrs | no data | no data | |
| Vice President of Sales | 0.8yrs | no data | no data | |
| Executive VP & Chief People Officer | 1.1yrs | no data | no data | |
| Senior Vice President of Energy Insight | 0yrs | no data | no data |
1.6yrs
Average Tenure
48.5yo
Average Age
Experienced Management: INFO's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 2.2yrs | US$11.18m | 0.32% $102.2m | |
| Independent Director | 10.1yrs | US$292.46k | 0.00051% $162.5k | |
| Independent Director | 3.6yrs | US$277.46k | 0.0037% $1.2m | |
| Independent Director | 8.1yrs | US$290.59k | 0.00090% $286.8k | |
| Lead Director | 3.6yrs | US$324.34k | 0.019% $6.1m | |
| Independent Director | 5.1yrs | US$269.96k | 0.0035% $1.1m | |
| Independent Director | 7.3yrs | US$299.96k | 0.013% $4.2m | |
| Independent Director | 16.1yrs | US$299.96k | 0.013% $4.0m | |
| Independent Director | 6.4yrs | US$269.96k | 0.0041% $1.3m | |
| Independent Director | 2.1yrs | US$247.44k | 0.00015% $47.8k |
5.8yrs
Average Tenure
64.5yo
Average Age
Experienced Board: INFO's board of directors are considered experienced (5.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: INFO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
IHS Markit Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: IHS Markit Ltd.
- Ticker: INFO
- Exchange: NYSE
- Founded: 1959
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: US$31.872b
- Shares outstanding: 392.95m
- Website: https://www.ihsmarkit.com
Number of Employees
Location
- IHS Markit Ltd.
- Ropemaker Place
- 4th Floor
- London
- Greater London
- EC2Y 9LY
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| INFO | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Nov 2005 |
| 0M3 | BST (Boerse-Stuttgart) | Yes | Common Stock | DE | EUR | Nov 2005 |
| 0M3 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 2005 |
| 0UAI | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Nov 2005 |
| INFO N | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Nov 2005 |
| I1NF34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 2 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
IHS Markit Ltd. provides critical information, analytics, and solutions for various industries and markets that drive economies worldwide. The company’s information, analytics, and solutions enhance operational efficiency and offer deep insights for customers in business, finance, and government. Its Financial Services segment offers pricing and reference data, indices, valuation and trading services, trade processing, enterprise software, and managed services to traders, portfolio managers, risk managers, research professionals, and other financial market participants, as well as operations, compliance, and enterprise data managers. The company’s Transportation segment provides authoritative analysis, as well as sales and production forecasts for light vehicles, medium and heavy commercial vehicles, powertrains, components, and technology systems; and predictive analytics and marketing automation software. It also offers comprehensive data on ships, as well as monthly import and export statistics on approximately 100 countries. The company’s Resources segment provides upstream services, including technical information, analytical tools, and market forecasting and consulting for the upstream industry; and downstream information, such as market forecasting, midstream market analysis and supply chain data, refining and marketing economics, and oil product pricing information for the chemical, refined products, agriculture, and power industries. It also offers data for manufacturing processes, as well as capital expenditure, cost, price, production, trade, demand, and capacity industry analysis and forecasts. The company’s Consolidated Markets & Solutions segment provides discovery technologies, research tools, and software-based engineering decision engines; performance and analysis for technology, media, and telecom industries; and economic and risk data, forecast, and analytic tools. The company was founded in 1959 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/20 02:19 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/11/30 |
| Annual Earnings | 2019/11/30 |
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.