Morningstar Inc (MORN) vs peers

$224.89

Latest weekly close · Market cap $8.6B

MORN's EV/EBITDA is 12.2x, compared with 20.1x at the middle of 6 peers.

Peer group: Financial Exchanges & Data. Updated .

MORN and Financial Exchanges & Data, ranked by EV/EBITDA
StockEV/EBITDAOwn 5-year percentile
MORNMorningstar Inc12.2×14
COINCoinbase46.8×75
MSCIMSCI Inc.27.0×8
MCOMoody's Corporation21.6×13
CBOECboe Global Markets18.5×59
SPGIS&P Global17.2×n/a, not ranked
FDSFactSet14.6×26
CMECME Groupn/an/a, not ranked
Peer median20.1×
How to read this comparison

Up to eight covered companies in the same industry, largest market value first.

EV/EBITDA divides enterprise value (market value plus debt, minus cash) by EBITDA over the last twelve months. The peer median leaves out MORN and stocks without a reading.

Each percentile compares a stock with its own weekly readings over the last five years, so 20 means its EV/EBITDA is above 20% of its own past readings. It needs at least 26 weeks of history. It is not a rank against the other stocks in this table.

Different growth rates, margins and financial risks can explain different multiples. Stocks without positive EBITDA have no reading.

MORN versus the peer median

-39%

MORN
12.2×
Peer median
20.1×
Own 5-year median
26.3×

Source: SEC company filings and weekly market prices. Multiples use the last twelve months of financial results. Updated .

How the valuation data is built