MSCI Inc.

NYSE:MSCI Stock Report

Market Cap: US$44.6b

MSCI Valuation

Is MSCI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MSCI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$535.68
Fair Value
7.2% overvalued intrinsic discount
13
Number of Analysts

Below Fair Value: MSCI ($574.35) is trading above our estimate of fair value ($535.68)

Significantly Below Fair Value: MSCI is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MSCI?

Key metric: As MSCI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MSCI. This is calculated by dividing MSCI's market cap by their current earnings.
What is MSCI's PE Ratio?
PE Ratio40.2x
EarningsUS$1.11b
Market CapUS$44.63b

Price to Earnings Ratio vs Peers

How does MSCI's PE Ratio compare to its peers?

The above table shows the PE ratio for MSCI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average39.6x
NDAQ Nasdaq
42.5x13.1%US$47.5b
TW Tradeweb Markets
55.2x15.9%US$30.6b
CME CME Group
25.7x4.1%US$90.4b
ICE Intercontinental Exchange
34.8x10.5%US$95.9b
MSCI MSCI
40.2x10.3%US$44.6b

Price-To-Earnings vs Peers: MSCI is expensive based on its Price-To-Earnings Ratio (40.2x) compared to the peer average (39.6x).

Price to Earnings Ratio vs Industry

How does MSCI's PE Ratio compare vs other companies in the US Capital Markets Industry?

20 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ADX Adams Diversified Equity Fund
3.7xn/aUS$2.34b
CET Central Securities
4.8xn/aUS$1.39b
ASA ASA Gold and Precious Metals
4.3xn/aUS$485.84m
FRMO FRMO
2xn/aUS$423.50m
MSCI 40.2xIndustry Avg. 20.9xNo. of Companies74PE020406080100+
20 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MSCI is expensive based on its Price-To-Earnings Ratio (40.2x) compared to the US Capital Markets industry average (22x).

Price to Earnings Ratio vs Fair Ratio

What is MSCI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MSCI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio40.2x
Fair PE Ratio20.2x

Price-To-Earnings vs Fair Ratio: MSCI is expensive based on its Price-To-Earnings Ratio (40.2x) compared to the estimated Fair Price-To-Earnings Ratio (20.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MSCI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$574.35
US$657.00
+14.4%
9.0%US$723.00US$530.00n/a13
Feb ’26US$596.77
US$657.38
+10.2%
9.0%US$723.00US$530.00n/a13
Jan ’26US$600.01
US$656.64
+9.4%
9.4%US$723.00US$510.00n/a14
Dec ’25US$609.63
US$640.38
+5.0%
9.1%US$700.00US$510.00n/a13
Nov ’25US$577.95
US$638.31
+10.4%
9.1%US$700.00US$510.00n/a13
Oct ’25US$575.75
US$599.46
+4.1%
9.6%US$700.00US$500.00n/a13
Sep ’25US$580.59
US$587.92
+1.3%
7.5%US$650.00US$500.00n/a13
Aug ’25US$547.90
US$587.33
+7.2%
8.4%US$650.00US$495.00n/a12
Jul ’25US$479.31
US$553.85
+15.6%
10.1%US$642.00US$460.00n/a13
Jun ’25US$495.18
US$553.85
+11.8%
10.1%US$642.00US$460.00n/a13
May ’25US$470.03
US$553.69
+17.8%
12.2%US$642.00US$405.00n/a14
Apr ’25US$554.83
US$612.51
+10.4%
11.9%US$700.00US$470.00n/a15
Mar ’25US$565.48
US$612.64
+8.3%
12.0%US$700.00US$470.00n/a16
Feb ’25US$604.30
US$621.39
+2.8%
10.5%US$700.00US$470.00US$596.7716
Jan ’25US$565.65
US$552.89
-2.3%
9.9%US$640.00US$440.00US$600.0116
Dec ’24US$527.70
US$543.77
+3.0%
9.4%US$640.00US$440.00US$609.6316
Nov ’24US$471.85
US$540.88
+14.6%
9.3%US$640.00US$440.00US$577.9516
Oct ’24US$513.08
US$572.57
+11.6%
10.5%US$650.00US$440.00US$575.7516
Sep ’24US$541.39
US$578.57
+6.9%
10.8%US$650.00US$440.00US$580.5916
Aug ’24US$545.94
US$575.42
+5.4%
10.8%US$650.00US$440.00US$547.9017
Jul ’24US$469.29
US$539.06
+14.9%
9.2%US$600.00US$412.00US$479.3117
Jun ’24US$466.97
US$552.44
+18.3%
11.8%US$730.00US$412.00US$495.1816
May ’24US$483.03
US$555.29
+15.0%
12.3%US$730.00US$412.00US$470.0314
Apr ’24US$559.69
US$570.14
+1.9%
11.3%US$730.00US$412.00US$554.8314
Mar ’24US$515.45
US$565.86
+9.8%
11.7%US$730.00US$412.00US$565.4814
Feb ’24US$554.52
US$561.71
+1.3%
10.2%US$672.00US$412.00US$604.3014
Analyst Price Target
Consensus Narrative from 13 Analysts
US$657.00
Fair Value
12.6% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/20 05:54
End of Day Share Price 2025/02/20 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MSCI Inc. is covered by 35 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Manav PatnaikBarclays
Arnaud Maurice GiblatBNP Paribas Exane