After the Refinitiv acquisition, London Stock Exchange Group is vertically integrated, from pretrading data and analytics over trading venues down to post-trade clearing and reporting, albeit dominated by its data business. Importantly, its assets form a strong symbiotic relationship wherein intellectual property generated within one strengthens the offering of the other, inducing demand for the group’s services.
LSEG is a fully integrated financial exchange group with core assets along the financial markets value chain.
Wide margins and opaque pricing practices by index providers could intensify regulatory oversight.
|
Metric
|
LSEG
|
ENX
|
MSCI
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.23 | 21.27 | 29.29 |
Price/Book Value | 2.11 | 3.44 | — |
Price/Sales | 4.29 | 8.41 | 12.16 |
Price/Cash Flow | 9.59 | 17.92 | 24.18 |
|
Metric
|
LSEG
|
ENX
|
MSCI
|
|---|---|---|---|
Quick Ratio | 0.01 | 0.00 | 0.77 |
Current Ratio | 1.00 | 1.00 | 0.89 |
Interest Coverage | 6.59 | 41.55 | 7.13 |
|
Metric
|
LSEG
|
ENX
|
MSCI
|
|---|---|---|---|
Return on Assets (Normalized) | 0.32% | 0.22% | 25.07% |
Return on Equity (Normalized) | 13.33% | 17.94% | — |
Return on Invested Capital (Normalized) | 8.39% | 10.49% | 42.55% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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United States