Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

IHS Markit

BST:0M3
Snowflake Description

Solid track record with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0M3
BST
$24B
Market Cap
  1. Home
  2. DE
  3. Commercial Services
Company description

IHS Markit Ltd. provides critical information, analytics, and solutions for various industries and markets that drive economies worldwide. The last earnings update was 7 days ago. More info.


Add to Portfolio Compare Print
  • IHS Markit has significant price volatility in the past 3 months.
0M3 Share Price and Events
7 Day Returns
11.9%
BST:0M3
13.1%
Europe Professional Services
9.9%
DE Market
1 Year Returns
13.7%
BST:0M3
-6.6%
Europe Professional Services
-17.5%
DE Market
0M3 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
IHS Markit (0M3) 11.9% -11.2% -17.8% 13.7% 41.7% -
Europe Professional Services 13.1% -14.3% -18.7% -6.6% 3.9% 23.3%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • 0M3 outperformed the Professional Services industry which returned -6.6% over the past year.
  • 0M3 outperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
0M3
Industry
5yr Volatility vs Market

0M3 Value

 Is IHS Markit undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of IHS Markit to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for IHS Markit.

BST:0M3 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 19 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:0M3
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.79
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.785 (1 + (1- 19%) (23.43%))
0.956
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.956 * 6.07%)
5.41%

Discounted Cash Flow Calculation for BST:0M3 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for IHS Markit is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BST:0M3 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 5.41%)
2020 1,057.02 Analyst x9 1,002.75
2021 1,266.22 Analyst x8 1,139.54
2022 1,290.55 Analyst x2 1,101.81
2023 1,304.87 Est @ 1.11% 1,056.84
2024 1,313.47 Est @ 0.66% 1,009.20
2025 1,318.00 Est @ 0.34% 960.69
2026 1,319.64 Est @ 0.12% 912.50
2027 1,319.24 Est @ -0.03% 865.39
2028 1,317.42 Est @ -0.14% 819.83
2029 1,314.61 Est @ -0.21% 776.08
Present value of next 10 years cash flows $9,644.00
BST:0M3 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $1,314.61 × (1 + -0.39%) ÷ (5.41% – -0.39%)
$22,570.34
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $22,570.34 ÷ (1 + 5.41%)10
$13,324.36
BST:0M3 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $9,644.00 + $13,324.36
$22,968.36
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $22,968.36 / 398.92
$57.58
BST:0M3 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:0M3 represents 0.92469x of NYSE:INFO
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.92469x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 57.58 x 0.92469
€53.24
Value per share (EUR) From above. €53.24
Current discount Discount to share price of €55.50
= -1 x (€55.50 - €53.24) / €53.24
-4.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of IHS Markit is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for IHS Markit's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are IHS Markit's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:0M3 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2020-02-29) in USD $2.20
NYSE:INFO Share Price ** NYSE (2020-03-31) in USD $60.02
Europe Professional Services Industry PE Ratio Median Figure of 89 Publicly-Listed Professional Services Companies 14.26x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of IHS Markit.

BST:0M3 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:INFO Share Price ÷ EPS (both in USD)

= 60.02 ÷ 2.20

27.27x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • IHS Markit is overvalued based on earnings compared to the Europe Professional Services industry average.
  • IHS Markit is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does IHS Markit's expected growth come at a high price?
Raw Data
BST:0M3 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 27.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts
-6.2%per year
Europe Professional Services Industry PEG Ratio Median Figure of 54 Publicly-Listed Professional Services Companies 1.06x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

BST:0M3 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 27.27x ÷ -6.2%

-4.41x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • IHS Markit earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on IHS Markit's assets?
Raw Data
BST:0M3 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2020-02-29) in USD $20.98
NYSE:INFO Share Price * NYSE (2020-03-31) in USD $60.02
Europe Professional Services Industry PB Ratio Median Figure of 122 Publicly-Listed Professional Services Companies 1.57x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
BST:0M3 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:INFO Share Price ÷ Book Value per Share (both in USD)

= 60.02 ÷ 20.98

2.86x

* Primary Listing of IHS Markit.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • IHS Markit is overvalued based on assets compared to the Europe Professional Services industry average.
X
Value checks
We assess IHS Markit's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. IHS Markit has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

0M3 Future Performance

 How is IHS Markit expected to perform in the next 1 to 3 years based on estimates from 19 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-6.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is IHS Markit expected to grow at an attractive rate?
  • IHS Markit's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of -0.4%.
Growth vs Market Checks
  • IHS Markit's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • IHS Markit's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:0M3 Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:0M3 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts -6.2%
BST:0M3 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 19 Analysts 5.3%
Europe Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 7%
Europe Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:0M3 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:0M3 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-11-30 4,816 1,590 864 6
2021-11-30 4,574 1,584 819 19
2020-11-30 4,304 1,281 935 19
2020-03-31
BST:0M3 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2020-02-29 4,449 1,183 878
2019-11-30 4,415 1,251 503
2019-08-31 4,362 1,383 381
2019-05-31 4,251 1,317 446
2019-02-28 4,124 1,275 411
2018-11-30 4,009 1,290 542
2018-08-31 3,886 1,175 566
2018-05-31 3,790 1,096 608
2018-02-28 3,688 914 592
2017-11-30 3,600 962 417
2017-08-31 3,529 882 399
2017-05-31 3,349 761 223

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • IHS Markit's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • IHS Markit's revenue is expected to grow by 5.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:0M3 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below

All data from IHS Markit Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:0M3 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-11-30 2.22 2.34 2.12 3.00
2021-11-30 2.13 3.48 1.80 14.00
2020-11-30 2.32 3.19 1.55 14.00
2020-03-31
BST:0M3 Past Financials Data
Date (Data in USD Millions) EPS *
2020-02-29 2.20
2019-11-30 1.26
2019-08-31 0.96
2019-05-31 1.12
2019-02-28 1.04
2018-11-30 1.38
2018-08-31 1.43
2018-05-31 1.53
2018-02-28 1.49
2017-11-30 1.04
2017-08-31 0.99
2017-05-31 0.57

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • IHS Markit is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess IHS Markit's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
IHS Markit has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

0M3 Past Performance

  How has IHS Markit performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare IHS Markit's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • IHS Markit has delivered over 20% year on year earnings growth in the past 5 years.
  • IHS Markit's 1-year earnings growth exceeds its 5-year average (113.6% vs 30%)
  • IHS Markit's earnings growth has exceeded the Europe Professional Services industry average in the past year (113.6% vs 5.4%).
Earnings and Revenue History
IHS Markit's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from IHS Markit Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:0M3 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2020-02-29 4,449.00 878.00 1,216.60
2019-11-30 4,414.60 502.70 1,200.70
2019-08-31 4,362.00 381.40 1,206.00
2019-05-31 4,250.70 445.80 1,191.00
2019-02-28 4,123.50 410.70 1,197.00
2018-11-30 4,009.20 542.30 1,187.20
2018-08-31 3,886.10 566.20 1,155.60
2018-05-31 3,789.80 607.60 1,143.00
2018-02-28 3,687.60 592.20 1,118.50
2017-11-30 3,599.70 416.90 1,102.90
2017-08-31 3,528.80 399.30 1,057.00
2017-05-31 3,348.70 222.70 1,056.60
2017-02-28 3,030.50 168.20 988.60
2016-11-30 2,734.80 143.60 907.10
2016-08-31 2,416.70 102.90 867.20
2016-05-31 2,249.88 190.48 799.69
2016-02-29 2,218.92 192.35 795.35
2015-11-30 2,184.30 188.90 795.30
2015-08-31 2,059.91 185.03 766.31
2015-05-31 2,058.14 174.67 777.50
2015-02-28 2,069.21 183.49 778.48
2014-11-30 2,079.80 178.00 789.80
2014-08-31 2,208.15 175.24 828.45
2014-05-31 2,132.43 152.19 796.51
2014-02-28 1,982.56 139.59 736.48
2013-11-30 1,692.00 116.52 642.07
2013-08-31 1,695.31 137.43 608.69
2013-05-31 1,600.64 158.04 567.86

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • IHS Markit has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • IHS Markit used its assets more efficiently than the Europe Professional Services industry average last year based on Return on Assets.
  • IHS Markit has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess IHS Markit's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
IHS Markit has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

0M3 Health

 How is IHS Markit's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up IHS Markit's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • IHS Markit's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • IHS Markit's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of IHS Markit's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from IHS Markit Company Filings, last reported 1 month ago.

BST:0M3 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2020-02-29 8,383.10 5,206.10 143.90
2019-11-30 8,430.90 5,118.90 111.50
2019-08-31 8,250.90 5,052.40 124.10
2019-05-31 8,403.20 5,250.40 109.50
2019-02-28 8,350.00 5,589.30 133.20
2018-11-30 8,026.40 5,671.80 120.00
2018-08-31 7,898.50 6,060.70 154.40
2018-05-31 7,776.60 4,461.30 159.00
2018-02-28 8,170.70 4,279.90 156.00
2017-11-30 8,023.50 4,189.10 133.80
2017-08-31 7,771.70 4,000.50 153.80
2017-05-31 7,666.90 3,999.70 162.50
2017-02-28 7,749.90 3,728.70 154.80
2016-11-30 8,142.10 3,383.90 138.90
2016-08-31 8,510.30 3,266.00 200.70
2016-05-31 2,255.94 2,961.32 345.54
2016-02-29 2,139.16 2,998.20 60.50
2015-11-30 2,200.90 2,131.80 291.60
2015-08-31 2,190.98 2,107.71 263.61
2015-05-31 2,163.15 2,150.69 225.88
2015-02-28 2,142.75 1,992.35 209.72
2014-11-30 2,159.55 1,842.36 153.16
2014-08-31 2,111.17 1,911.88 261.81
2014-05-31 2,027.33 1,867.90 221.00
2014-02-28 1,940.82 2,037.20 205.06
2013-11-30 1,906.96 2,174.59 258.37
2013-08-31 1,802.37 2,309.77 271.00
2013-05-31 1,612.86 1,011.82 267.13
  • IHS Markit's level of debt (62.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (93.1% vs 62.1% today).
  • Debt is well covered by operating cash flow (22.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.8x coverage).
X
Financial health checks
We assess IHS Markit's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. IHS Markit has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

0M3 Dividends

 What is IHS Markit's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.13%
Current annual income from IHS Markit dividends. Estimated to be 0.78% next year.
If you bought €2,000 of IHS Markit shares you are expected to receive €23 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • IHS Markit's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.68%).
  • IHS Markit's dividend is below the markets top 25% of dividend payers in Germany (4.97%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:0M3 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
Europe Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 69 Stocks 3.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:0M3 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-11-30 0.28 3.00
2021-11-30 0.52 10.00
2020-11-30 0.47 10.00
2020-03-31
BST:0M3 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-01-17 0.680 0.989

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether IHS Markit has stable dividend payments.
  • IHS Markit only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of IHS Markit's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (12.9x coverage).
Future Payout to shareholders
  • No need to calculate the sustainability of IHS Markit's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess IHS Markit's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can IHS Markit afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. IHS Markit has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

0M3 Management

 What is the CEO of IHS Markit's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Lance Uggla
COMPENSATION $13,067,316
AGE 57
TENURE AS CEO 2.3 years
CEO Bio

Mr. Lance Uggla serves as Director at Mastercard Incorporated since June 25, 2019. He serves as Chairman and Chief Executive Officer at IHS Markit Ltd. Mr. Uggla served as the President of Markit Ltd. since July 12, 2016. Mr. Uggla founded Markit in 2003 and served as its Chief Executive Officer from 2003 to July 12, 2016. He was responsible for leading Markit’s strategic development and managing its day-to-day operations. He has extensive experience in the management of Global Debt Capital Markets teams and Founder of Markit Group. He served as the Head of Europe and Asia at Toronto-Dominion Securities. Prior to joining Toronto-Dominion Securities in 1995, he served as Head of Global Fixed Income at CIBC World Markets. Mr. Uggla served as the Chairman of Markit Ltd. until July 12, 2016. He served as Vice Chair of Toronto-Dominion Securities. He serves as a Director of IHS Markit Ltd. He has been a Director of Markit Ltd., since July 12, 2016. Mr. Uggla served as a Director of Markit Group Limited since 2003 until July 12, 2016. He served as a Director of Markit Ltd since 2003. He graduated from Simon Fraser University in Canada with a BBA and holds an MSc from the London School of Economics.

CEO Compensation
  • Lance's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Lance's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the IHS Markit management team in years:

1.7
Average Tenure
48.5
Average Age
  • The average tenure for the IHS Markit management team is less than 2 years, this suggests a new team.
Management Team

Lance Uggla

TITLE
Chairman & CEO
COMPENSATION
$13M
AGE
57
TENURE
2.3 yrs

Jonathan Gear

TITLE
CFO & Executive VP
COMPENSATION
$3M
AGE
48

Sari Granat

TITLE
Executive VP
COMPENSATION
$2M
AGE
48
TENURE
1.2 yrs

Adam Kansler

TITLE
Executive VP & President of Financial Services
COMPENSATION
$3M
AGE
49

Michael Easton

TITLE
Senior VP & Chief Accounting Officer
AGE
46
TENURE
3 yrs

Yaacov Mutnikas

TITLE
CTO & Chief Data Scientist
AGE
64
TENURE
2.2 yrs

Eric Boyer

TITLE
Vice President

Napoleon Rumteen

TITLE
Vice President of Sales
TENURE
0.8 yrs

Ronnie West

TITLE
Executive VP & Chief People Officer
TENURE
1.2 yrs

Atul Arya

TITLE
Senior Vice President of Energy Insight
Board of Directors Tenure

Average tenure and age of the IHS Markit board of directors in years:

5.8
Average Tenure
64.5
Average Age
  • The tenure for the IHS Markit board of directors is about average.
Board of Directors

Lance Uggla

TITLE
Chairman & CEO
COMPENSATION
$13M
AGE
57
TENURE
2.3 yrs

Jean-Paul Montupet

TITLE
Independent Director
COMPENSATION
$287K
AGE
71
TENURE
8.2 yrs

Debby McWhinney

TITLE
Independent Director
COMPENSATION
$275K
AGE
63
TENURE
5.2 yrs

Dinyar Devitre

TITLE
Independent Director
COMPENSATION
$300K
AGE
72
TENURE
7.3 yrs

Bill Ford

TITLE
Independent Director
COMPENSATION
$300K
AGE
58
TENURE
10.2 yrs

Bob Kelly

TITLE
Lead Director
COMPENSATION
$320K
AGE
64
TENURE
3.7 yrs

Rich Roedel

TITLE
Independent Director
COMPENSATION
$295K
AGE
70
TENURE
16.2 yrs

Ruann Ernst

TITLE
Independent Director
COMPENSATION
$270K
AGE
72
TENURE
3.7 yrs

Jim Rosenthal

TITLE
Independent Director
COMPENSATION
$270K
AGE
65
TENURE
6.4 yrs

Nicoletta Giadrossi

TITLE
Independent Director
COMPENSATION
$270K
AGE
52
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • IHS Markit individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
20. Feb 20 Sell Edouard Tavernier Individual 18. Feb 20 18. Feb 20 -1,370 €74.27 €-101,745
18. Feb 20 Sell Adam Kansler Individual 14. Feb 20 14. Feb 20 -53,820 €74.37 €-4,002,327
03. Feb 20 Sell Richard Roedel Individual 30. Jan 20 30. Jan 20 -31,000 €72.44 €-2,245,558
21. Jan 20 Sell Ruann Ernst Individual 16. Jan 20 16. Jan 20 -2,500 €70.03 €-175,079
14. May 19 Sell Lance Uggla Individual 13. May 19 13. May 19 -30,000 €48.52 €-1,455,641
X
Management checks
We assess IHS Markit's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. IHS Markit has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

0M3 News

Simply Wall St News

0M3 Company Info

Description

IHS Markit Ltd. provides critical information, analytics, and solutions for various industries and markets that drive economies worldwide. The company’s information, analytics, and solutions enhance operational efficiency and offer deep insights for customers in business, finance, and government. Its Financial Services segment offers pricing and reference data, indices, valuation and trading services, trade processing, enterprise software, and managed services to traders, portfolio managers, risk managers, research professionals, and other financial market participants, as well as operations, compliance, and enterprise data managers. The company’s Transportation segment provides authoritative analysis, as well as sales and production forecasts for light vehicles, medium and heavy commercial vehicles, powertrains, components, and technology systems; and predictive analytics and marketing automation software. It also offers comprehensive data on ships, as well as monthly import and export statistics on approximately 100 countries. The company’s Resources segment provides upstream services, including technical information, analytical tools, and market forecasting and consulting for the upstream industry; and downstream information, such as market forecasting, midstream market analysis and supply chain data, refining and marketing economics, and oil product pricing information for the chemical, refined products, agriculture, and power industries. It also offers data for manufacturing processes, as well as capital expenditure, cost, price, production, trade, demand, and capacity industry analysis and forecasts. The company’s Consolidated Markets & Solutions segment provides discovery technologies, research tools, and software-based engineering decision engines; performance and analysis for technology, media, and telecom industries; and economic and risk data, forecast, and analytic tools. The company was founded in 1959 and is headquartered in London, the United Kingdom.

Details
Name: IHS Markit Ltd.
0M3
Exchange: BST
Founded: 1959
$21,780,835,877
398,916,408
Website: http://www.ihsmarkit.com
Address: IHS Markit Ltd.
Ropemaker Place,
4th Floor,
London,
Greater London, EC2Y 9LY,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE INFO Common Stock New York Stock Exchange US USD 11. Nov 2005
DB 0M3 Common Stock Deutsche Boerse AG DE EUR 11. Nov 2005
BST 0M3 Common Stock Boerse-Stuttgart DE EUR 11. Nov 2005
LSE 0UAI Common Stock London Stock Exchange GB USD 11. Nov 2005
BMV INFO N Common Stock Bolsa Mexicana de Valores MX MXN 11. Nov 2005
BOVESPA I1NF34 BDR EACH 2 REPR 1 COM Bolsa de Valores de Sao Paulo BR BRL 27. Jan 2020
Number of employees
Current staff
Staff numbers
15,500
IHS Markit employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 23:59
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/30
Last earnings filing: 2020/03/24
Last earnings reported: 2020/02/29
Last annual earnings reported: 2019/11/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.