Company Valuation: Morningstar, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 14,738 9,193 12,222 14,442 8,938 8,260 - -
Change - -37.62% 32.95% 18.16% -38.11% -7.58% - -
Enterprise Value (EV) 1 14,738 10,003 12,806 14,589 9,482 9,285 8,945 8,829
Change - -32.13% 28.02% 13.93% -35.01% -2.08% -3.66% -1.3%
P/E - 132x 87x 39.2x 24.5x 20.5x 17.9x 15x
PBR - - - 8.97x 7.51x 7.67x 6.27x 6.21x
PEG - - 1x 0x 7.25x 0.9x 1.2x 0.8x
Capitalization / Revenue - 4.91x 6x 6.35x 3.65x 3.11x 2.94x 2.77x
EV / Revenue - 5.35x 6.28x 6.41x 3.88x 3.5x 3.19x 2.96x
EV / EBITDA - 25.1x 29x 23.9x 13.2x 11.2x 9.84x 8.69x
EV / EBIT - 33.5x - 29.5x 16.3x 13.3x 11.7x 10.3x
EV / FCF - 59.4x 64.9x 32.5x 21.4x 18.4x 14.9x 13.6x
FCF Yield - 1.68% 1.54% 3.08% 4.67% 5.44% 6.73% 7.37%
Dividend per Share 2 - 1.44 1.5 1.67 1.88 2.003 2.203 2.921
Rate of return - 0.66% 0.52% 0.5% 0.87% 0.9% 0.99% 1.31%
EPS 2 - 1.64 3.29 8.58 8.87 10.86 12.44 14.87
Distribution rate - 87.8% 45.6% 19.5% 21.2% 18.4% 17.7% 19.6%
Net sales 1 - 1,871 2,039 2,275 2,446 2,654 2,808 2,980
EBITDA 1 - 398.8 440.9 611.2 716.5 830.9 909.2 1,017
EBIT 1 - 298.9 - 493.8 582.9 696.1 766.6 860.1
Net income 1 193.3 70.5 141.1 369.9 374.2 415.2 463.3 530.9
Net Debt 1 - 809.2 583.4 147.6 543.9 1,025 684.7 568.5
Reference price 2 341.99 216.59 286.24 336.76 217.31 222.62 222.62 222.62
Nbr of stocks (in thousands) 43,095 42,446 42,700 42,884 41,129 37,104 - -
Announcement Date 24/02/22 23/02/23 22/02/24 26/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.78x3.42x10.93x0.93% 8.06B
27.17x9.66x18.16x0.87% 130B
29.19x10.63x20.03x0.87% 82.29B
30.21x6.71x17.11x2.22% 50.16B
30.52x14.07x22.96x1.33% 43.25B
21.21x4.28x11.84x1.99% 33.73B
16.1x3.59x10.76x3.22% 20.82B
26.96x3.81x11.93x1.27% 20.6B
19.24x2.87x11.81x2.44% 19.98B
22.04x5.18x12.93x3.01% 17.48B
Average 24.24x 6.42x 14.85x 1.82% 42.66B
Weighted average by Cap. 26.51x 8.32x 17.08x 1.46%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Morningstar, Inc.

Historical PBR trend

Valuation ratios - PBR - Morningstar, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Morningstar, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Morningstar, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Morningstar, Inc.
  1. Stock Market
  2. Stocks
  3. MORN Stock
  4. Valuation Morningstar, Inc.