IHS Markit
Market Cap
US$30.1b
Last Updated
2020/07/03 23:54 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.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with imperfect balance sheet.
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
4.3%
INFO
3.6%
US Professional Services
1.6%
US Market
1 Year Return
17.4%
INFO
10.5%
US Professional Services
4.8%
US Market
Return vs Industry: INFO exceeded the US Professional Services industry which returned 10.5% over the past year.
Return vs Market: INFO exceeded the US Market which returned 4.8% over the past year.
Shareholder returns
| INFO | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.3% | 3.6% | 1.6% |
| 30 Day | 4.4% | 3.3% | 2.3% |
| 90 Day | 23.2% | 32.6% | 29.5% |
| 1 Year | 17.9%17.4% | 11.3%10.5% | 7.1%4.8% |
| 3 Year | 72.1%71.3% | 52.4%47.8% | 37.1%28.1% |
| 5 Year | 112.2%111.3% | 81.0%71.8% | 67.2%48.6% |
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
1 day ago | Simply Wall St
Robert Kelly Is The Independent Lead Director of IHS Markit Ltd. (NYSE:INFO) And They Just Picked Up 6.6% More Shares5 days ago | Simply Wall St
Do Its Financials Have Any Role To Play In Driving IHS Markit Ltd.'s (NYSE:INFO) Stock Up Recently?2 weeks ago | Simply Wall St
How Much Are IHS Markit Ltd. (NYSE:INFO) Insiders Taking Off The Table?Valuation
Is IHS Markit undervalued compared to its fair value and its price relative to the market?
37.74x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: INFO ($75.85) is trading above our estimate of fair value ($56.11)
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 (37.7x) compared to the Professional Services industry average (19.1x).
PE vs Market: INFO is poor value based on its PE Ratio (37.7x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: INFO is poor value based on its PEG Ratio (58.5x)
Price to Book Ratio
PB vs Industry: INFO is overvalued based on its PB Ratio (3.7x) 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 18 analysts?
0.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INFO's forecast earnings growth (0.6% per year) is below the savings rate (2.2%).
Earnings vs Market: INFO's earnings (0.6% per year) are forecast to grow slower than the US market (22.8% per year).
High Growth Earnings: INFO's earnings are forecast to grow, but not significantly.
Revenue vs Market: INFO's revenue (6.4% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: INFO's revenue (6.4% 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 (12.6%).
Next Steps
Past Performance
How has IHS Markit performed over the past 5 years?
31.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INFO has a large one-off gain of $357.2M impacting its May 31 2005 financial results.
Growing Profit Margin: INFO's current net profit margins (18.4%) are higher than last year (10.5%).
Past Earnings Growth Analysis
Earnings Trend: INFO's earnings have grown significantly by 31.1% per year over the past 5 years.
Accelerating Growth: INFO's earnings growth over the past year (79.7%) exceeds its 5-year average (31.1% per year).
Earnings vs Industry: INFO earnings growth over the past year (79.7%) exceeded the Professional Services industry 11%.
Return on Equity
High ROE: INFO's Return on Equity (9.8%) is considered low.
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 ($1.8B).
Long Term Liabilities: INFO's short term assets ($1.3B) do not cover its long term liabilities ($6.2B).
Debt to Equity History and Analysis
Debt Level: INFO's debt to equity ratio (66.3%) is considered high.
Reducing Debt: INFO's debt to equity ratio has reduced from 99.4% to 66.3% over the past 5 years.
Debt Coverage: INFO's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: INFO's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
Next Steps
Dividend
What is IHS Markit current dividend yield, its reliability and sustainability?
0.90%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: INFO's dividend (0.9%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: INFO's dividend (0.9%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Stability and Growth of Payments
Stable Dividend: INFO is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: INFO is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: INFO is not paying a notable dividend for the US market.
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?
1.5yrs
Average management tenure
CEO
Lance Uggla (58yo)
2.58yrs
Tenure
US$13,067,316
Compensation
Mr. Lance Uggla serves as Director at Mastercard Incorporated since June 25, 2019. He serves as Chairman and Chief Executive Officer at IHS Markit Ltd. Mr. Uggla served as the President of Markit Ltd. sinc ...
CEO Compensation Analysis
Compensation vs Market: Lance's total compensation ($USD13.07M) is about average for companies of similar size in the US market ($USD11.50M).
Compensation vs Earnings: Lance's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 2.58yrs | US$13.07m | 0.31% $91.8m | |
| CFO & Executive VP | 0.42yr | US$2.91m | 0.033% $9.9m | |
| Executive VP | 1.5yrs | US$2.45m | 0.0063% $1.9m | |
| Executive VP & President of Financial Services | no data | US$2.76m | 0.032% $9.5m | |
| Senior VP & Chief Accounting Officer | 3.42yrs | no data | 0.0049% $1.5m | |
| CTO & Chief Data Scientist | 2.5yrs | no data | no data | |
| Vice President | no data | no data | no data | |
| Vice President of Sales | 1.25yrs | no data | no data | |
| VP and Global Head of Refining & Marketing | 0.25yr | no data | no data | |
| Executive VP & Chief People Officer | 1.5yrs | no data | no data |
1.5yrs
Average Tenure
49.5yo
Average Age
Experienced Management: INFO's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 2.58yrs | US$13.07m | 0.31% $91.8m | |
| Independent Director | 10.5yrs | US$299.98k | 0.0043% $1.3m | |
| Independent Director | 4yrs | US$269.98k | 0.0044% $1.3m | |
| Independent Director | 8.5yrs | US$287.48k | 0.00090% $270.9k | |
| Independent Lead Director | 4yrs | US$319.98k | 0.020% $6.1m | |
| Independent Director | 5.5yrs | US$274.98k | 0.0035% $1.1m | |
| Independent Director | 7.67yrs | US$299.98k | 0.013% $3.9m | |
| Vice Chairman | no data | US$9.30m | 0.022% $6.6m | |
| Independent Director | 6.83yrs | US$269.98k | 0.0048% $1.4m | |
| Independent Director | 2.5yrs | US$269.98k | 0.00090% $270.9k |
5.5yrs
Average Tenure
65.5yo
Average Age
Experienced Board: INFO's board of directors are considered experienced (5.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: INFO insiders have bought more shares than they have sold 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$30.098b
- Shares outstanding: 396.81m
- 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 | 2020/07/03 23:54 |
| End of Day Share Price | 2020/07/02 00:00 |
| Earnings | 2020/05/31 |
| 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.