| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
SPGI Stock Overview
S&P Global Inc., together with its subsidiaries, provides ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide.
Rewards
Risk Analysis
No risks detected for SPGI from our risk checks.
S&P Global Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$416.93 |
| 52 Week High | US$484.21 |
| 52 Week Low | US$303.50 |
| Beta | 0.98 |
| 1 Month Change | -11.99% |
| 3 Month Change | -6.80% |
| 1 Year Change | 32.30% |
| 3 Year Change | 120.24% |
| 5 Year Change | 245.45% |
| Change since IPO | 5,650.76% |
Recent News & Updates
S&P Global Is An Exceptional Growth Stock
SPGI has rallied 132% since my previous article, about three years ago. Nevertheless, the stock still has several growth drivers in place. Global debt has skyrocketed due to the unprecedented fiscal stimulus packages offered by governments in response to the pandemic. This is a major growth driver for SPGI.
Shareholder Returns
| SPGI | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -3.6% | -5.1% | -6.1% |
| 1Y | 32.3% | 23.4% | 4.2% |
Return vs Industry: SPGI exceeded the US Capital Markets industry which returned 23.4% over the past year.
Return vs Market: SPGI exceeded the US Market which returned 4.2% over the past year.
Price Volatility
| SPGI volatility | |
|---|---|
| SPGI Average Weekly Movement | 3.3% |
| Capital Markets Industry Average Movement | 0.7% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: SPGI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SPGI's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1860 | 23,000 | Doug Peterson | https://www.spglobal.com |
S&P Global Inc., together with its subsidiaries, provides ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. The company operates through four segments: S&P Global Ratings (Ratings), S&P Global Market Intelligence (Market Intelligence), S&P Global Platts (Platts), and S&P Dow Jones Indices (Indices). The Ratings segment offers credit ratings, research, and analytics to investors, corporations, governments, municipalities, commercial and investment banks, insurance companies, asset managers, and other debt issuers.
S&P Global Fundamentals Summary
| SPGI fundamental statistics | |
|---|---|
| Market Cap | US$100.43b |
| Earnings (TTM) | US$2.80b |
| Revenue (TTM) | US$8.08b |
35.8x
P/E Ratio12.4x
P/S RatioIs SPGI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SPGI income statement (TTM) | |
|---|---|
| Revenue | US$8.08b |
| Cost of Revenue | US$2.17b |
| Gross Profit | US$5.91b |
| Expenses | US$3.11b |
| Earnings | US$2.80b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 11.64 |
| Gross Margin | 73.17% |
| Net Profit Margin | 34.71% |
| Debt/Equity Ratio | 83.9% |
How did SPGI perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield26%
Payout RatioValuation
Is S&P Global undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SPGI ($416.93) is trading below our estimate of fair value ($905.99)
Significantly Below Fair Value: SPGI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPGI is poor value based on its PE Ratio (35.8x) compared to the US Capital Markets industry average (14.4x).
PE vs Market: SPGI is poor value based on its PE Ratio (35.8x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: SPGI is poor value based on its PEG Ratio (4.5x)
Price to Book Ratio
PB vs Industry: SPGI is overvalued based on its PB Ratio (54.4x) compared to the US Capital Markets industry average (35.5x).
Future Growth
How is S&P Global forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
8.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPGI's forecast earnings growth (8% per year) is above the savings rate (2%).
Earnings vs Market: SPGI's earnings (8% per year) are forecast to grow slower than the US market (12.9% per year).
High Growth Earnings: SPGI's earnings are forecast to grow, but not significantly.
Revenue vs Market: SPGI's revenue (5.6% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: SPGI's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SPGI's Return on Equity is forecast to be very high in 3 years time (483.3%).
Past Performance
How has S&P Global performed over the past 5 years?
7.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPGI has high quality earnings.
Growing Profit Margin: SPGI's current net profit margins (34.7%) are higher than last year (33.2%).
Past Earnings Growth Analysis
Earnings Trend: SPGI's earnings have grown by 7.5% per year over the past 5 years.
Accelerating Growth: SPGI's earnings growth over the past year (15.5%) exceeds its 5-year average (7.5% per year).
Earnings vs Industry: SPGI earnings growth over the past year (15.5%) underperformed the Capital Markets industry 84.5%.
Return on Equity
High ROE: SPGI's Return on Equity (59.4%) is considered outstanding.
Financial Health
How is S&P Global's financial position?
Financial Position Analysis
Short Term Liabilities: SPGI's short term assets ($7.6B) exceed its short term liabilities ($3.4B).
Long Term Liabilities: SPGI's short term assets ($7.6B) exceed its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: SPGI has more cash than its total debt.
Reducing Debt: SPGI's debt to equity ratio has reduced from 275.9% to 83.9% over the past 5 years.
Debt Coverage: SPGI's debt is well covered by operating cash flow (88.7%).
Interest Coverage: SPGI's interest payments on its debt are well covered by EBIT (34.7x coverage).
Balance Sheet
Dividend
What is S&P Global current dividend yield, its reliability and sustainability?
0.74%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SPGI's dividend (0.74%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: SPGI's dividend (0.74%) is low compared to the top 25% of dividend payers in the US market (3.61%).
Stability and Growth of Payments
Stable Dividend: SPGI's dividends per share have been stable in the past 10 years.
Growing Dividend: SPGI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.6%), SPGI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SPGI's dividends in 3 years are forecast to be well covered by earnings (23.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Doug Peterson (63 yo)
8.17yrs
Tenure
US$15,077,269
Compensation
Mr. Douglas L. Peterson, also known as Doug, M.B.A., has been the Chief Executive Officer and President of S&P Global Inc. since November 1, 2013 and has been its Executive Director since July 11, 2013. Mr...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD15.08M) is above average for companies of similar size in the US market ($USD11.47M).
Compensation vs Earnings: Doug's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: SPGI's management team is considered experienced (4.8 years average tenure).
Board Members
Experienced Board: SPGI's board of directors are considered experienced (7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
S&P Global Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: S&P Global Inc.
- Ticker: SPGI
- Exchange: NYSE
- Founded: 1860
- Industry: Financial Exchanges and Data
- Sector: Diversified Financials
- Implied Market Cap: US$100.428b
- Shares outstanding: 240.87m
- Website: https://www.spglobal.com
Number of Employees
Location
- S&P Global Inc.
- 55 Water Street
- New York
- New York
- 10041
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/23 23:24 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.