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Clarivate PLC Ordinary Shares CLVT

Morningstar Rating
$5.91 +0.07 (1.20%)
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Company Report

Clarivate Earnings: Shares Fall Despite In-Line Results; Shares Undervalued

No-moat Clarivate’s first-quarter results were broadly in line with FactSet consensus and management guidance. Nevertheless, shares fell 11% on the day. We surmise the market was hoping for better near-term indications of a revenue growth inflection. While performance remains challenged, this was in our expectations so we don’t expect to make a material change to our $7.80 per share fair value estimate. At current levels, the shares now look undervalued.

Price vs Fair Value

CLVT is trading at a 51% premium.
Price
$5.91
Fair Value
$1.50
Uncertainty
High
1-Star Price
$75.42
5-Star Price
$3.33
Economic Moat
Tkzl
Capital Allocation
Qflp

Bulls Say, Bears Say

Bulls

Clarivate's market-leading products such as Web of Science and Derwent have high customer loyalty.

Bears

Clarivate is losing market share in some of its key markets as underinvestment has allowed competitors to take advantage of new market opportunities.

Is it the right time to buy, sell, or hold?
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News

Trading Information

Previous Close Price
$5.84
Day Range
$5.815.93
52-Week Range
$5.8110.03
Bid/Ask
$5.78 / $6.80
Market Cap
$3.95 Bil
Volume/Avg
4.0 Mil / 4.6 Mil

Key Statistics

Price/Earnings (Normalized)
7.78
Price/Sales
1.51
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Clarivate is a data, information, and software workflow solutions company serving customers primarily in academia, government, law, life sciences, and healthcare. The company was formerly part of Thomson Reuters before being sold to private equity as an independent company in 2016. In 2019, Clarivate went public on the New York Stock Exchange. Around half of the company’s revenue is generated in the Americas while Europe, Middle East, and Africa account for around a quarter.
Sector
Technology
Industry
Information Technology Services
Stock Style Box
Mid Core
Total Number of Employees
12,000

Competitors

Valuation

Metric
CLVT
TRI
RELX
Price/Earnings (Normalized)
7.7846.0031.03
Price/Book Value
0.887.0619.08
Price/Sales
1.5111.407.47
Price/Cash Flow
5.5237.6526.60
Price/Earnings
CLVT
TRI
RELX

Financial Strength

Metric
CLVT
TRI
RELX
Quick Ratio
0.730.840.45
Current Ratio
0.860.970.52
Interest Coverage
−2.6310.518.62
Quick Ratio
CLVT
TRI
RELX

Profitability

Metric
CLVT
TRI
RELX
Return on Assets (Normalized)
4.31%8.20%14.24%
Return on Equity (Normalized)
11.21%14.24%61.55%
Return on Invested Capital (Normalized)
7.52%11.04%23.47%
Return on Assets
CLVT
TRI
RELX
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