MSCI Inc., together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. More Details
Imperfect balance sheet with questionable track record.
Share Price & News
How has MSCI's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MSCI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MSCI's weekly volatility (5%) has been stable over the past year.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: MSCI exceeded the US Capital Markets industry which returned 15.7% over the past year.
Return vs Market: MSCI exceeded the US Market which returned 19.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is MSCI's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In MSCI Inc. (NYSE:MSCI)
2 months ago | Simply Wall StResults: MSCI Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
2 months ago | Simply Wall StWhat Makes MSCI Inc. (NYSE:MSCI) A Great Dividend Stock?
Is MSCI undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MSCI ($415.3) is trading above our estimate of fair value ($212.16)
Significantly Below Fair Value: MSCI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MSCI is poor value based on its PE Ratio (61.5x) compared to the US Capital Markets industry average (27.1x).
PE vs Market: MSCI is poor value based on its PE Ratio (61.5x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: MSCI is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: MSCI has negative assets, so we can't compare its PB Ratio to the US Capital Markets industry average.
How is MSCI forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MSCI's forecast earnings growth (13% per year) is above the savings rate (2%).
Earnings vs Market: MSCI's earnings (13% per year) are forecast to grow slower than the US market (21.5% per year).
High Growth Earnings: MSCI's earnings are forecast to grow, but not significantly.
Revenue vs Market: MSCI's revenue (9% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: MSCI's revenue (9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MSCI's Return on Equity is forecast to be high in 3 years time
How has MSCI performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MSCI has high quality earnings.
Growing Profit Margin: MSCI's current net profit margins (34.3%) are lower than last year (39.2%).
Past Earnings Growth Analysis
Earnings Trend: MSCI's earnings have grown significantly by 21.9% per year over the past 5 years.
Accelerating Growth: MSCI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MSCI had negative earnings growth (-4.1%) over the past year, making it difficult to compare to the Capital Markets industry average (4.9%).
Return on Equity
High ROE: MSCI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is MSCI's financial position?
Financial Position Analysis
Short Term Liabilities: MSCI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MSCI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MSCI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MSCI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MSCI's debt is well covered by operating cash flow (24.3%).
Interest Coverage: MSCI's interest payments on its debt are well covered by EBIT (5.7x coverage).
What is MSCI current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MSCI's dividend (0.75%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: MSCI's dividend (0.75%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MSCI has been paying a dividend for less than 10 years.
Growing Dividend: MSCI's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.8%), MSCI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MSCI's dividends in 3 years are forecast to be well covered by earnings (44.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Henry Fernandez (62 yo)
Mr. Henry A. Fernandez serves as Independent Director at Royalty Pharma plc since July 30, 2020. He has been the Chairman of the Board at MSCI Inc. since October 2007 and has been its Chief Executive Offic...
CEO Compensation Analysis
Compensation vs Market: Henry's total compensation ($USD9.26M) is about average for companies of similar size in the US market ($USD10.56M).
Compensation vs Earnings: Henry's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chairman & CEO||23yrs||US$9.26m||2.43% |
|President & COO||3.25yrs||US$5.37m||0.32% |
|Chief Financial Officer||0.33yr||US$1.95m||0.012% |
|MD & Chief Human Resources Officer||6.75yrs||US$2.55m||0.029% |
|Executive Officer||0.33yr||US$4.21m||0.0065% |
|Principal Accounting Officer||2.42yrs||no data||0.010% |
|CTO & Head of Engineering||2.5yrs||US$6.29m||no data|
|Head of Investor Relations & Treasurer||1.33yrs||no data||no data|
|General Counsel||1yr||no data||0.014% |
|Global Head of Research & Product Development||9.42yrs||US$3.23m||no data|
|Managing Director and Head of Korea Operations||8.75yrs||no data||no data|
|MD and Head of Europe||7.25yrs||no data||no data|
Experienced Management: MSCI's management team is considered experienced (2.9 years average tenure).
|Chairman & CEO||23yrs||US$9.26m||2.43% |
|Lead Independent Director||2.75yrs||US$322.25k||0.018% |
|Independent Director||11.33yrs||US$296.43k||0.0064% |
|Independent Director||5.83yrs||US$276.79k||0.0083% |
|Independent Director||0.92yr||no data||0.00033% |
|Independent Director||12.92yrs||US$267.55k||0.014% |
|Independent Director||3.83yrs||US$266.79k||0.0041% |
|Independent Director||14yrs||US$271.79k||0.022% |
|Independent Director||3.17yrs||US$256.79k||0.0029% |
|Independent Director||0.92yr||no data||0.000080% |
Experienced Board: MSCI's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MSCI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MSCI Inc.'s company bio, employee growth, exchange listings and data sources
- Name: MSCI Inc.
- Ticker: MSCI
- Exchange: NYSE
- Founded: 1998
- Industry: Financial Exchanges and Data
- Sector: Diversified Financials
- Market Cap: US$34.426b
- Shares outstanding: 82.90m
- Website: https://www.msci.com
Number of Employees
- MSCI Inc.
- 7 World Trade Center
- 49th Floor
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MSCI||NYSE (New York Stock Exchange)||Yes||New Common Stock||US||USD||Nov 2007|
|3HM||DB (Deutsche Boerse AG)||Yes||New Common Stock||DE||EUR||Nov 2007|
|MSCI *||BMV (Bolsa Mexicana de Valores)||Yes||New Common Stock||MX||MXN||Nov 2007|
|M1SC34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 4 REPR 1 COM||BR||BRL||Jan 2020|
MSCI Inc., together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Anal...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/18 23:45|
|End of Day Share Price||2021/01/15 00:00|
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.