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Equifax and Transunion Face Market Downturn, Yet Appear Undervalued

Published 2023-10-24, 04:06 p/m
© Reuters.
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In recent financial news, prominent U.S. credit bureaus, Equifax Inc (NYSE:EFX). and TransUnion (NYSE:TRU), have both been experiencing significant losses. However, analysis of their performance metrics suggests that both companies may be undervalued.

Today, Equifax Inc. reported daily losses of -4.07% and three-month losses of -16.24%. Despite these setbacks, the company's P/E ratio of 4.25 suggests a modest undervaluation. Equifax's revenue is primarily sourced from its workforce solutions and overseas operations, contributing to one-third and over 20% respectively. The company's market cap stands at $21.20 billion, with a stock price of $171.75 and a GuruFocus Value (GF Value) of $225.44, further signifying potential undervaluation.

However, Equifax's financial strength has been rated 5/10 by GuruFocus due to a low Piotroski F-Score of 0.03. Nonetheless, the company has shown consistent profitability over the past decade, with 9 out of the past 10 years reporting profits. Its annual revenue stands at $5.10 billion with an operating margin of $4.25.

TransUnion (NYSE:TRU), another leading U.S credit bureau, has also faced market challenges with daily losses of 20.56% and three-month losses of 19.14%. Despite these figures, the company appears significantly undervalued against its GF Value of $125.83. TransUnion's international operations across 30 countries contribute to a quarter of its revenue.

The company's financial strength has been questioned due to a low cash-to-debt ratio of 0.08 in the Business Services industry. Yet it has demonstrated fair profitability with an eight out of ten-year profitability record and an operating margin of 16.45%. TransUnion's growth metrics include a 3-year average annual revenue growth rate of 14.4% and a 3-year average EBITDA growth rate of 8.4%.

However, a comparison between its Return on Invested Capital (ROIC) of 3.99 and Weighted Average Cost of Capital (WACC) of 10.06 over the past year indicates suboptimal profitability. Despite this, TransUnion's 30-Year Financials provide more detailed insights into its long-term stock performance, which may be beneficial for investors seeking high-quality companies with potential above-average returns.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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