Intertek Is Still in a Strong Position as the Premium TIC and Assurance Firm; Shares Are Undervalued

Intertek is the third-largest testing, inspection, and certification firm with global offerings covering a variety of sectors, from consumer products to natural resources. The industry is highly fragmented, with only four global firms and a slew of regional and local players. This gives large players such as Intertek an advantage, especially with multinational clients. Intertek’s portfolio of over 1,000 government accreditations, authorizations, and certifications is another advantage, providing a significant barrier to entry.