Company Valuation: MSCI, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 50,514 37,194 44,738 47,024 43,110 38,964 - -
Change - -26.37% 20.28% 5.11% -8.32% -9.62% - -
Enterprise Value (EV) 1 53,254 40,713 48,784 51,125 48,797 44,796 44,618 44,376
Change - -23.55% 19.83% 4.8% -4.55% -8.2% -0.4% -0.54%
P/E 70.4x 43.4x 39.3x 42.7x 36.6x 26.8x 24.7x 21.7x
PBR -309x -36.9x -60.5x -49.6x -15.9x -14.6x -14.3x -14.2x
PEG - 1.9x 1.1x -18.07x 3.1x 1x 2.84x 1.6x
Capitalization / Revenue 24.7x 16.5x 17.7x 16.5x 13.8x 11.1x 10.2x 9.42x
EV / Revenue 26.1x 18.1x 19.3x 17.9x 15.6x 12.7x 11.7x 10.7x
EV / EBITDA 44.5x 30.6x 32x 29.8x 25.6x 20.7x 18.7x 17.1x
EV / EBIT 49.6x 33.7x 35.2x 33.4x 28.5x 22.7x 20.5x 18.5x
EV / FCF 60.3x 39.8x 42.6x 36.9x 33.5x 27.9x 25.1x 22.7x
FCF Yield 1.66% 2.51% 2.35% 2.71% 2.99% 3.58% 3.99% 4.41%
Dividend per Share 2 3.64 4.58 5.52 6.4 7.2 8.225 9.293 10.57
Rate of return 0.59% 0.98% 0.98% 1.07% 1.25% 1.53% 1.73% 1.97%
EPS 2 8.7 10.72 14.39 14.05 15.69 19.96 21.7 24.68
Distribution rate 41.8% 42.7% 38.4% 45.6% 45.9% 41.2% 42.8% 42.8%
Net sales 1 2,044 2,249 2,529 2,856 3,134 3,516 3,823 4,134
EBITDA 1 1,197 1,330 1,523 1,716 1,906 2,166 2,380 2,599
EBIT 1 1,073 1,208 1,385 1,529 1,714 1,970 2,182 2,401
Net income 1 726 870.6 1,149 1,109 1,202 1,446 1,547 1,725
Net Debt 1 2,740 3,518 4,046 4,101 5,687 5,832 5,655 5,412
Reference price 2 612.69 465.17 565.65 600.01 573.73 535.95 535.95 535.95
Nbr of stocks (in thousands) 82,447 79,958 79,091 78,371 75,140 72,700 - -
Announcement Date 1/27/22 1/31/23 1/30/24 1/29/25 1/28/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.85x12.74x20.68x1.53% 38.96B
23.96x8.71x16.51x1.02% 114B
27.17x9.86x18.5x0.94% 76.44B
24.09x5.48x13.74x2.63% 42.34B
17.9x3.73x10.33x2.36% 28.75B
17.06x2.58x10.62x2.75% 17.72B
13.08x3.02x9.06x3.98% 17.01B
20.93x3.18x10.04x1.6% 16.45B
20.27x4.75x11.86x3.27% 16.08B
14.87x3.21x9.09x0.8% 12.16B
Average 20.62x 5.73x 13.04x 2.09% 37.98B
Weighted average by Cap. 23.07x 7.50x 15.24x 1.66%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. MSCI Stock
  4. Valuation MSCI, Inc.