Stock fact sheet · data as of
S&P Global Inc. (SPGI): fair value, margin of safety and Wheel Score
Ticker symbol SPGI · Financial Services · Financial - Data & Stock Exchanges · United States · Growth Quality
Is SPGI undervalued?
At 481.69 (close of 5 Nov 2026), SPGI trades 56% over the GLS average fair value of 308.18, with 3 of 9 models above the price. The stock earns none of the Wheel Score's Value points at this price. That is a statement about price against trailing fundamentals, not about the company's prospects - the Wall Street View and the Growth tab on the Quote page carry the forward numbers.
There is a wide gap between DDM (56.94) and Payback Time (553.89). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, SPGI is clearly faster-growing than it is cheap, so the nightly engine files it under Growth (value score 16, growth score 54, out of 100). It also carries the Quality tag (Quality = moat 7.5+ out of 10 and Piotroski 7+).
Nine valuation models for SPGI
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 267.74 | -44% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 161.37 | -66% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 501.25 | +4% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 183.60 | -62% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 363.04 | -25% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 495.63 | +3% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 553.89 | +15% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 56.94 | -88% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 190.12 | -61% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -64.68 | -113% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 512.14 | +6% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
S&P Global Inc. scores 8 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the "Piotroski 6 or more" Wheel Trade Filter with room to spare. A GLS Moat score of 8.2/10 puts SPGI among the more durable businesses we track: over up to ten years its returns on capital have stayed high, its margins steady and its balance sheet sound.
Returns on capital are moderate - ROIC 9.8%, ROE 14.3%, ROA 7.3% - with debt at 0.45 times equity and a free-cash-flow yield of 4.0%.
The dividend yield is 0.80% with a payout ratio of 23% - a small yield that leaves most of the earnings in the business. Revenue comes mainly from Ratings 41%, Market Intelligence 41%, Indices 18% (quarter Q3 FY2026).
Institutional ownership scores 10/10, insider activity 10/10 and Congressional trading 7/10 on the GLS smart-money scales; the last recorded Congressional buy was on 27 Aug 2026.
| Piotroski F-score | 8 / 9 | ROIC | 9.8% |
|---|---|---|---|
| GLS Moat | 8.2 / 10 | ROE | 14.3% |
| Debt / equity | 0.45 | ROA | 7.3% |
| Free-cash-flow yield | 4.0% | Payout ratio | 23% |
| Institutions | 10 / 10 | Insiders · Congress | 10 · 7 / 10 |
Wheel Score 45: Weak
With a Wheel Score of 45 S&P Global Inc. sits in the Weak band. It fails filter 3, below fair value - trades 56% above our fair value; Value (weak) is its weakest part.
Implied volatility is 30% on the near-the-money contracts 20-60 days out: enough to pass the 25-80% Wheel Trade Filter, but under the 35-60% sweet spot the score rewards most. Chain open interest is 27,931 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 2.5M shares a day on a market cap of $139.6B, with a beta of 1.03; the Stability part of the Wheel Score rates that strong.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Fails | trades 56% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 56% above fair value | |
| Premium | Good | implied volatility 30% | |
| Moat | Strong | moat 8.2/10 | |
| Health | Strong | Piotroski 8/9 | |
| Red Flags | Strong | Red Flags score 100/100 | |
| Option trading | Good | 3,390 contracts a day, 27,931 open interest | |
| Stability | Strong | beta 1.03, $139.6B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for SPGI in the nightly calendar. The shares go ex-dividend on 25 Nov 2026 (0.9700 per share), so a covered call sold before then carries a small early-assignment risk around that date.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Financial - Data & Stock Exchanges
The 12 companies below are the closest to S&P Global Inc. by market cap within the Financial - Data & Stock Exchanges industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CME CME Group Inc. | 308.27 | 224.77 | -37% | 40Weak | $110.3B |
| ICE Intercontinental Exchange, Inc. | 174.92 | 156.07 | -12% | 41Weak | $97.8B |
| MCO Moody's Corporation | 528.34 | 363.95 | -45% | 41Weak | $91.1B |
| NDAQ Nasdaq, Inc. | 109.70 | 62.37 | -76% | 44Weak | $61.3B |
| MSCI MSCI Inc. | 674.30 | 388.95 | -73% | 38Weak | $49.0B |
| COIN Coinbase Global, Inc. | 151.50 | 148.21 | -2% | 33Weak | $40.1B |
| CBOE Cboe Global Markets, Inc. | 345.21 | 234.08 | -47% | 45Weak | $36.0B |
| TRU TransUnion | 82.13 | 92.99 | +12% | 78Good | $15.7B |
| FDS FactSet Research Systems Inc. | 342.19 | 283.81 | -21% | 44Weak | $12.1B |
| MORN Morningstar, Inc. | 244.25 | 295.15 | +17% | 50Fair | $9.1B |
| OTCM OTC Markets Group Inc. | 52.45 | 47.22 | -11% | 25No options | $629M |
| VALU Value Line, Inc. | 44.40 | 25.42 | -75% | 22No options | $417M |
⚖ Compare SPGI with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about SPGI
Is SPGI undervalued right now?
No: at 481.69 the stock trades 56% above the GLS average fair value of 308.18 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of SPGI and what does it mean?
SPGI scores 45 out of 100 (Weak) - it fails Wheel Trade Filter 3. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for SPGI?
308.18 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does S&P Global Inc. report earnings next?
No upcoming earnings date is recorded for SPGI in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does SPGI have listed options, and how liquid are they?
Yes. The nightly snapshot found 1,010 listed contracts with 27,931 open interest across all expiries and implied volatility of 30% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.