MSCI MSCI

capital_markets · 2026-10-14

N/A

too hard · 58

Owner-earnings value—

Price$560.82

Margin of safety —

Quality gate · 58/100

Returns on capital 0/30

Consistency 18.8/22

Margins / pricing power 16/16

Balance sheet 12.5/16

Cash conversion 5.0/10

Capital allocation 5.8/6

⚠ negative book equity · weak through-cycle ROE (-93%)

Median ROE-93.2%

Gross margin83.0%

FCF conversion116%

Share count / yr-2.7%

Profitable years4/4

Moat & management

Owner-earnings inputs

Owner earnings (TTM)	1.36B
Owner-earnings yield	3.3%
Free-cash-flow yield	3.7%
Growth used (normalized)	8.0%
Terminal growth	3.0%
Discount rate (hurdle)	—

⚠ financial — owner earnings ≈ net income · financial — valued by residual income (ROE vs cost of equity on book equity) · insufficient data (need price, shares, book equity, net income)

Date	Quality	Price	Value	MoS	Rating
2026-10-14	58	$560.82	—	—	N/A
2026-09-07	58	$573.01	—	—	N/A
2026-07-30	58	$582.92	—	—	N/A
2026-07-02	58	$582.03	—	—	N/A
2026-06-25	62	$577.29	—	—	N/A
2026-06-23	62	$581.51	—	—	N/A

Date

Quality

Price

Value

MoS

Rating

2026-10-14

$560.82

—

N/A

2026-09-07

$573.01

—

N/A

2026-07-30

$582.92

—

N/A

2026-07-02

$582.03

—

N/A

2026-06-25

$577.29

—

N/A

2026-06-23

$581.51

—

N/A

Quality gate · 58/100

Moat & management

Owner-earnings inputs

History