S&P Global provides the global capital and commodity markets with independent benchmarks, credit ratings, portfolio and enterprise risk solutions, and analytics. The company was founded in 1888 and is based in New York, New York.
SPGI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for S&P Global Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that S&P Global Inc ranked in the 43th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of S&P Global Inc, consider:
The company has produced more trailing twelve month cash flow than 91.34% of its sector Financial Services.
The business' balance sheet reveals debt to be 5% of the company's capital (with equity being the remaining amount). Approximately merely 16.17% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
SPGI's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 42.87% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
TIPT, HMN, SAFT, BRO, and RLI can be thought of as valuation peers to SPGI, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
SINGAPORE, Sept. 29, 2020 /PRNewswire/ -- S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced that Petronet LNG Limited has adopted the Platts West India Marker (WIM) for a tender to buy an LNG…
Summary List Placement Work won't return to normal for most companies until after 2021. But financial firms may be slower to bring employees back than other industries. A new survey of more than 200 companies from Bank of America found that only 30% of employees at financial firms will return to normal work settings by the end of 2020, compared with 45% in other industries. By the end of 2021, the survey found only 67% of financial firm employees will return to normal work, compared with 75% for all other sectors. Big banks have been predicting a slow return to the office for a while. Many of the largest firms have hundreds of thousands of employees that need to get back to work, S&P Global reported . JPMorgan, for example, has more than 200,000 employees working remotely right now. Bri...
Seven ways to inform better decisions with TCFD reporting Steven Bullock Mon, 09/28/2020 - 00:00 This article is sponsored by Trucost, part of S&P Global . The Task Force on Climate-related Financial Disclosures (TCFD) is helping to bring transparency to climate risk throughout capital markets, with the aim of making markets more efficient and economies more stable and resilient. Many stakeholders are involved in the initiative, across corporations and financial institutions. Each can apply TCFD reporting intelligence to inform better decisions in different ways. Image of seven stakeholders; Source: Trucost, part of S&P Global. 1. Finance director: Developing a business case to increase capital expenditure on carbon-mitigation projects A global manufacturing company wanted to undertake ...
HOUSTON and NEW YORK, Sept. 21, 2020 /PRNewswire/ -- S&P Global Platts ("Platts"), the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced the launch of the first-to-market Sustainable Aviation Fuel (SAF) price…
(Sept 22): An index manager of S&P Global Inc. was charged on Tuesday with being part of an insider-trading scheme that netted more than US$900,000 in illegal profits by trading hours ahead of public announcements that companies would be added or removed from a popular stock market index.