Intertek Group PLC ITRK

Morningstar Rating
GBX5,875.00 +5.00 (0.09%)
View Full Chart

Company Report

EQT Partners' Takeover of Intertek Continues on Schedule

Intertek is the third-largest testing, inspection, and certification firm globally, with 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.

Price vs Fair Value

ITRK is trading at a LOCK|!&z<q< premium.
Price
GBX5,870.00
Fair Value
LOCK|XZ
Uncertainty
LOCK|XbYx
1-Star Price
LOCK|WZ.l@
5-Star Price
LOCK|>Fr
Economic Moat
LOCK|<R
Capital Allocation
LOCK|l@qTb&$

Bulls Say, Bears Say

Bulls

Intertek is positioned to benefit from structural growth trends in the TIC market, including more regulation, greater demand for sustainability, and increased outsourcing.

Bears

Greater competition for bolt-on acquisitions reduces the number of targets for Intertek while making them more expensive.

News

Trading Information

Previous Close Price
GBX5,870.00
Day Range
GBX5,870.00–5,880.00
52-Week Range
GBX3,519.42–5,880.00
Bid/Ask
GBX3,806.00 / GBX0.00
Shares Outstanding
153.50M
Market Cap
GBX901.79B
Volume/Avg
843,701 / 1M

Key Statistics

Price/Earnings (Normalized)
25.35
Price/Sales
2.59
Dividend Yield (Trailing)
2.81%
Dividend Yield (Forward)
2.81%
Dividend Payment Schedule
Jun, Oct
Total Yield
4.91%

Company Profile

Intertek is one of the largest and oldest companies in the testing, inspection, and certification industry. Its primary activities include testing products and materials, inspecting sites/industrial equipment, and certifying products and systems to ensure compliance with global/company standards. Now set to be taken over by EQT Partners, a Swedish private equity fund, Intertek is one of only three TIC companies operating globally across multiple industries.
Sector
Industrials
Industry
Specialty Business Services
Stock Style Box
Mid Core
Total Number of Employees
45,425

Competitors

Valuation

Metric
ITRK
BVI
SGSN
Price/Earnings (Normalized)
25.3520.5425.55
Price/Book Value
8.507.1218.44
Price/Sales
2.591.822.55
Price/Cash Flow
15.2612.2415.45
Price/Earnings
ITRK
BVI
SGSN

Financial Strength

Metric
ITRK
BVI
SGSN
Quick Ratio
1.081.100.93
Current Ratio
1.101.290.95
Interest Coverage
9.088.1911.63
Quick Ratio
ITRK
BVI
SGSN

Profitability

Metric
ITRK
BVI
SGSN
Return on Assets (Normalized)
11.07%9.35%9.61%
Return on Equity (Normalized)
38.17%40.08%88.73%
Return on Invested Capital (Normalized)
16.24%15.36%13.55%
Return on Assets
ITRK
BVI
SGSN

Specialty Business Services Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Cintas Corp
CTAS
LOCK|!K!XR%xLOCK|!@$78B
RELX PLC
RLXXF
—LOCK|^^$58B
RELX PLC ADR
RELX
LOCK|?%XSJp$VLOCK|Kl<$58B
Thomson Reuters Corp
TRI
LOCK|@@GqCRvLOCK|m%^tV$43B
Copart Inc
CPRT
LOCK|Sq^V!NLOCK|@H$$25B
Global Payments Inc
GPN
LOCK|>J@W&>LOCK|KM$R$21B
RB Global Inc
RBA
LOCK|%bc!!$%LOCK|Z^M$Z$15B
Aramark
ARMK
LOCK|LnS$!?LOCK|Nq&$14B
UL Solutions Inc Class A common stock
ULS
LOCK|J>?Bn<LOCK|>l^k$13B
Rentokil Initial PLC ADR
RTO
LOCK|t^#>r?LOCK|?!jy$10B

Sponsor Center