Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
MORNthis companyMorningstar, Inc.	$245.46	24.33×	7.45×	3.72×	13.77×	4.0%	61.0%	21.5%	15.3%	30.6%	15.4%	4.9%	1.15×	1.28×	13.17×	0.99×	0.8%	8	3.92	3	B+
FDSFactSet Research Systems Inc.	$327.50	21.43×	5.71×	4.62×	13.96×	10.2%	50.6%	28.3%	21.5%	26.6%	16.0%	6.2%	0.77×	1.43×	12.8×	0.6×	1.4%	7	4.36	3	B+
ICEIntercontinental Exchange, Inc.	$173.91	27.92×	3.2×	7.32×	16.85×	-11.8%	61.9%	38.7%	26.1%	11.4%	7.0%	4.6%	0.7×	2.93×	6.27×	1.02×	1.2%	7	0.77	3	B
MCOMoody's Corporation	$506.00	37.21×	22.57×	11.85×	24.51×	-66.1%	68.2%	44.8%	31.9%	60.7%	21.0%	2.8%	1.81×	1.26×	18.28×	1.74×	0.8%	8	7.81	3	B-
MSCIMSCI Inc.	$648.46	36.82×	-16.68×	14.12×	25.93×	-52.8%	82.4%	54.7%	38.4%	-45.3%	35.3%	3.5%	-2.39×	3.01×	8.16×	0.9×	1.3%	6	6.42	2	C
SPGIS&P Global Inc.	$469.41	35.62×	5.1×	10.39×	22.32×	-46.4%	70.2%	42.2%	29.2%	14.3%	9.2%	3.4%	0.45×	1.62×	22.57×	0.82×	0.7%	8	4.88	3	B
Peer median	—	35.62×	5.1×	10.39×	22.32×	-46.4%	68.2%	42.2%	29.2%	14.3%	16.0%	3.5%	0.7×	1.62×	12.8×	0.9×	1.2%	7	4.88	3	—