Valuation MSCI, Inc.

Equities

Market Closed - Nyse Other stock markets 04:00:01 2025-01-24 pm EST			5-day change	1st Jan Change
620.72 ^USD	+0.77%		+1.42%	+3.45%

Jan. 22	Wells Fargo Adjusts Price Target on MSCI to $623 From $600, Maintains Equalweight Rating	MT
Jan. 21	JPMorgan Adjusts Price Target on MSCI to $700 From $680, Keeps Overweight Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	21,870	37,015	50,514	37,194	44,738	48,647	48,647	-
Change	-	69.25%	36.47%	-26.37%	20.28%	8.74%	0%	-
Enterprise Value (EV) ¹	23,599	39,081	53,254	40,713	48,784	52,610	52,528	52,477
Change	-	65.6%	36.27%	-23.55%	19.83%	7.84%	-0.16%	-0.1%
P/E ratio	39.2x	62.7x	70.4x	43.4x	39.3x	44.9x	39.1x	34.3x
PBR	-285x	-83.2x	-309x	-36.9x	-60.5x	-68.7x	-63.7x	-47.6x
PEG	-	7.8x	3.2x	1.9x	1.1x	-11.67x	2.7x	2.4x
Capitalization / Revenue	14x	21.8x	24.7x	16.5x	17.7x	17x	15.6x	14.3x
EV / Revenue	15.1x	23.1x	26.1x	18.1x	19.3x	18.4x	16.8x	15.4x
EV / EBITDA	27.7x	40.2x	44.5x	30.6x	32x	30.8x	27.8x	25.2x
EV / EBIT	31.2x	44.2x	49.6x	33.7x	35.2x	34.4x	30.7x	27.6x
EV / FCF	36x	51.4x	60.3x	39.8x	42.6x	39.3x	36.8x	33x
FCF Yield	2.78%	1.95%	1.66%	2.51%	2.35%	2.55%	2.72%	3.03%
Dividend per Share ²	2.52	2.92	3.64	4.58	5.52	6.374	7.196	8.041
Rate of return	0.98%	0.65%	0.59%	0.98%	0.98%	1.03%	1.16%	1.3%
EPS ²	6.59	7.12	8.7	10.72	14.39	13.84	15.87	18.1
Distribution rate	38.2%	41%	41.8%	42.7%	38.4%	46.1%	45.4%	44.4%
Net sales ¹	1,558	1,695	2,044	2,249	2,529	2,860	3,123	3,413
EBITDA ¹	850.5	971.5	1,197	1,330	1,523	1,711	1,889	2,082
EBIT ¹	755.7	884.8	1,073	1,208	1,385	1,527	1,710	1,899
Net income ¹	563.6	601.8	726	870.6	1,149	1,094	1,237	1,391
Net Debt ¹	1,730	2,066	2,740	3,518	4,046	3,964	3,881	3,831
Reference price ²	258.18	446.53	612.69	465.17	565.65	620.72	620.72	620.72
Nbr of stocks (in thousands)	84,707	82,895	82,447	79,958	79,091	78,371	78,371	-
Announcement Date	1/30/20	1/28/21	1/27/22	1/31/23	1/30/24	-	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield	Capi. ($)
MSCI, INC.	44.52x	18.27x	30.54x	+1.03%	48.27B
S&P GLOBAL, INC.	42.54x	12x	24.37x	+0.71%	159B
THOMSON REUTERS CORPORATION	42.15x	10.32x	27.06x	+1.32%	74.12B
WOLTERS KLUWER N.V.	38.38x	7.33x	22.87x	+1.32%	41.98B
EQUIFAX INC.	52.31x	6.71x	20.71x	+0.58%	33.33B
TRANSUNION	62.88x	5.56x	15.56x	+0.45%	18.71B
FACTSET RESEARCH SYSTEMS, INC.	29.82x	8.04x	20.17x	+0.91%	17.66B
COMPUTERSHARE LIMITED	19.62x	4.35x	11.03x	+2.71%	12.58B
DUN & BRADSTREET HOLDINGS, INC.	1603.93x	3.43x	8.77x	+1.76%	5.04B
CLARIVATE PLC	-9.62x	3.17x	7.69x	-.--%	3.91B
Average	192.65x	7.92x	18.88x	+1.08%	41.48B
Weighted average by Cap.	61.24x	10.65x	23.80x	+0.97%