Thomson Reuters Corp
TSX:TRI

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Thomson Reuters Corp
TSX:TRI
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Price: 267.55 CAD 1.06% Market Closed
Market Cap: 120.5B CAD

Relative Value

The Relative Value of one TRI stock under the Base Case scenario is 147.37 CAD. Compared to the current market price of 267.55 CAD, Thomson Reuters Corp is Overvalued by 45%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TRI Relative Value
Base Case
147.37 CAD
Overvaluation 45%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
6
Median 3Y
9.1
Median 5Y
8.4
Industry
1.3
Forward
11.4
vs History
17
vs Industry
15
Median 3Y
32.6
Median 5Y
28.8
Industry
19.2
Forward
49.5
vs History
1
vs Industry
13
Median 3Y
29.4
Median 5Y
28.5
Industry
13.4
vs History
9
vs Industry
9
Median 3Y
52.4
Median 5Y
39.5
Industry
18.3
vs History
0
vs Industry
11
Median 3Y
5.4
Median 5Y
4.2
Industry
2.3
vs History
0
vs Industry
5
Median 3Y
9.5
Median 5Y
8.8
Industry
1.4
Forward
11.5
vs History
0
vs Industry
11
Median 3Y
9.8
Median 5Y
8.9
Industry
3.3
vs History
1
vs Industry
11
Median 3Y
25.6
Median 5Y
24.9
Industry
10.1
Forward
29.4
vs History
11
vs Industry
10
Median 3Y
37.2
Median 5Y
36.2
Industry
13.5
Forward
39.7
vs History
4
vs Industry
12
Median 3Y
30.7
Median 5Y
29.7
Industry
12.7
vs History
22
vs Industry
10
Median 3Y
41
Median 5Y
40.1
Industry
14.9
vs History
0
vs Industry
13
Median 3Y
3.5
Median 5Y
2.8
Industry
1.7

Multiples Across Competitors

TRI Competitors Multiples
Thomson Reuters Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Thomson Reuters Corp
TSX:TRI
120.5B CAD 11.9 40 29.4 41.1
UK
Relx PLC
LSE:REL
76.2B GBP 8.1 39.4 22.6 28.8
IE
Experian PLC
LSE:EXPN
36B GBP 6.4 41.3 164.4 231
US
Verisk Analytics Inc
NASDAQ:VRSK
44.1B USD 15.3 46.1 29.7 37
UK
IHS Markit Ltd
F:0M3
37.9B EUR 9.1 35.3 26.1 39
NL
Wolters Kluwer NV
AEX:WKL
37.4B EUR 6.3 34.7 20.9 27.9
US
Equifax Inc
NYSE:EFX
34.8B USD 6.1 56.9 22.4 37
US
CoStar Group Inc
NASDAQ:CSGP
32.6B USD 11.6 277.8 178.6 6 166.4
US
Leidos Holdings Inc
NYSE:LDOS
20.5B USD 1.2 15.3 11.1 12.8
CH
SGS SA
SIX:SGSN
16.6B CHF 2.4 28.6 13.5 20.4
US
TransUnion
NYSE:TRU
17.9B USD 4.2 48.8 16.6 27.6
P/S Multiple
Revenue Growth P/S to Growth
CA
Thomson Reuters Corp
TSX:TRI
Average P/S: 7.5
11.9
7%
1.7
UK
Relx PLC
LSE:REL
8.1
7%
1.2
IE
Experian PLC
LSE:EXPN
6.4
9%
0.7
US
Verisk Analytics Inc
NASDAQ:VRSK
15.3
8%
1.9
UK
I
IHS Markit Ltd
F:0M3
9.1
N/A N/A
NL
Wolters Kluwer NV
AEX:WKL
6.3
7%
0.9
US
Equifax Inc
NYSE:EFX
6.1
10%
0.6
US
CoStar Group Inc
NASDAQ:CSGP
11.6
14%
0.8
US
Leidos Holdings Inc
NYSE:LDOS
1.2
4%
0.3
CH
SGS SA
SIX:SGSN
2.4
6%
0.4
US
TransUnion
NYSE:TRU
4.2
9%
0.5
P/E Multiple
Earnings Growth PEG
CA
Thomson Reuters Corp
TSX:TRI
Average P/E: 60.4
40
1%
40
UK
Relx PLC
LSE:REL
39.4
16%
2.5
IE
Experian PLC
LSE:EXPN
41.3
22%
1.9
US
Verisk Analytics Inc
NASDAQ:VRSK
46.1
10%
4.6
UK
I
IHS Markit Ltd
F:0M3
35.3
N/A N/A
NL
Wolters Kluwer NV
AEX:WKL
34.7
10%
3.5
US
Equifax Inc
NYSE:EFX
56.9
36%
1.6
US
CoStar Group Inc
NASDAQ:CSGP
277.8
77%
3.6
US
Leidos Holdings Inc
NYSE:LDOS
15.3
9%
1.7
CH
SGS SA
SIX:SGSN
28.6
15%
1.9
US
TransUnion
NYSE:TRU
48.8
59%
0.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Thomson Reuters Corp
TSX:TRI
Average EV/EBITDA: 48.7
29.4
7%
4.2
UK
Relx PLC
LSE:REL
22.6
10%
2.3
IE
Experian PLC
LSE:EXPN
164.4
11%
14.9
US
Verisk Analytics Inc
NASDAQ:VRSK
29.7
9%
3.3
UK
I
IHS Markit Ltd
F:0M3
26.1
N/A N/A
NL
Wolters Kluwer NV
AEX:WKL
20.9
7%
3
US
Equifax Inc
NYSE:EFX
22.4
16%
1.4
US
CoStar Group Inc
NASDAQ:CSGP
178.6
88%
2
US
Leidos Holdings Inc
NYSE:LDOS
11.1
5%
2.2
CH
SGS SA
SIX:SGSN
13.5
11%
1.2
US
TransUnion
NYSE:TRU
16.6
18%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Thomson Reuters Corp
TSX:TRI
Average EV/EBIT: 606.3
41.1
9%
4.6
UK
Relx PLC
LSE:REL
28.8
13%
2.2
IE
Experian PLC
LSE:EXPN
231
N/A N/A
US
Verisk Analytics Inc
NASDAQ:VRSK
37
10%
3.7
UK
I
IHS Markit Ltd
F:0M3
39
N/A N/A
NL
Wolters Kluwer NV
AEX:WKL
27.9
10%
2.8
US
Equifax Inc
NYSE:EFX
37
24%
1.5
US
CoStar Group Inc
NASDAQ:CSGP
6 166.4
450%
13.7
US
Leidos Holdings Inc
NYSE:LDOS
12.8
6%
2.1
CH
SGS SA
SIX:SGSN
20.4
13%
1.6
US
TransUnion
NYSE:TRU
27.6
26%
1.1