Morningstar, Inc. (MORN) vs TransUnion (TRU)

Morningstar, Inc. and TransUnion are both Financial Data & Stock Exchanges companies. TransUnion is the larger, with a market value of $13.0B against $7.4B — 1.8× the size. TransUnion trades at the lower P/E: 18.1× against 18.5×. TransUnion grew revenue faster over the last twelve months: 12.4% against 9.33%. Morningstar, Inc. has the higher net margin (16.4% vs 15.1%) and the higher return on invested capital (17.1% vs 5.99%). Both pay a dividend; TransUnion yields more (0.60% vs 0.55%). Across the 23 metrics below, Morningstar, Inc. leads on 13 and TransUnion on 10.

Valuation

Metric MORN TRU Financial Data & Stock Exchanges median
P/E 18.47 18.06 21.77
P/S 2.89 2.72 7.79
P/B 7.23 2.66 3.85
Price to free cash flow 14.89 16.88 18.75
EV/EBITDA 10.70 11.73 15.55
EV/Sales 3.35 3.64 6.94
Earnings yield 5.42% 5.54% 4.49%
Free cash flow yield 6.72% 5.92% 4.68%

Profitability

Metric MORN TRU Financial Data & Stock Exchanges median
Gross margin 62.24% 58.73% 70.90%
Operating margin 23.53% 18.67% 29.55%
Net margin 16.43% 15.08% 23.21%
Free cash flow margin 19.38% 16.09% 29.05%
Return on equity 31.96% 15.34% 15.34%
Return on assets 11.13% 6.33% 6.82%
Return on invested capital 17.05% 5.99% 9.96%

Growth

Metric MORN TRU Financial Data & Stock Exchanges median
Revenue growth (TTM) 9.33% 12.37% 9.16%
EPS growth (last fiscal year) 3.38% 60.00% —
Revenue growth, 5-year CAGR 11.97% 12.58% 7.76%
Net income growth, 5-year CAGR 10.85% 5.82% 9.78%

Health

Metric MORN TRU Financial Data & Stock Exchanges median
Debt to equity 1.67 1.07 0.48
Current ratio 1.06 1.90 1.06
Net debt to EBITDA 0.76 2.83 1.08

Dividend

Metric MORN TRU Financial Data & Stock Exchanges median
Dividend yield 0.55% 0.60% 1.16%
Payout ratio 2.75 0.38 0.42

Size

Metric MORN TRU Financial Data & Stock Exchanges median
Market cap 7.37b 13.04b 27.94b

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