Valuation Trading Multiples & Precedent Transactions: Financial Data and Analytics Providers
Valuation benchmarks for Financial Data and Analytics Providers. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Financial Data and Analytics Providers Market Context & Valuation Drivers
Companies in this public trading comparables group are providers of financial information, ratings, identity data, and analytics delivered via subscription platforms and data licensing. Their business models center on recurring revenue from market data feeds, credit scoring, benchmarks, and workflow software. They are grouped together because they monetize proprietary datasets and analytics at scale, serving as valuation benchmarks for data-centric, high-margin information services.
Typical offerings include market data and financial content delivered through terminals and APIs; equity and fixed-income index creation and licensing; credit ratings and credit risk scoring; portfolio analytics for performance and risk; identity verification and fraud detection; data management, integration and workflow; financial close and intercompany accounting automation; and marketing data activation and identity resolution. Monetization spans subscription access, licensing fees, and usage-based data services.
Primary customers include banks and lenders, asset managers and investment firms, and enterprise/e-commerce companies with risk, finance, or marketing needs. Key valuation drivers are ARR and subscription mix, net revenue retention, margin structure and operating leverage, index and ratings licensing stability, and data coverage breadth. Outcomes include improved risk decisioning, compliance efficiency, portfolio performance insights, and finance process automation.
2. Valuation Analysis: Public Trading Comps & Multiples for Financial Data and Analytics Providers companies
2.1 - Public Peer Groups & Median Valuation Multiples for Financial Data and Analytics Providers sector
Comparable group 1: Financial Data and Analytics Providers
BlackLine
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of cloud-based solutions to automate and streamline accounting and finance operations, supporting critical processes such as financial close management, accounts receivable automation, and intercompany accounting. Enhances operational efficiency with secure and scalable platform functionalities.
- Key Products:
- Financial Close Management: Centralized workspace for account reconciliations
- Accounts Receivable Automation: Automation solutions including cash application and credit management
- Intercompany Accounting: Tools for managing intercompany transactions and settlements
- Task Management: Platforms to create and manage accounting task lists
- Compliance Management: Integrated solution for compliance-related initiatives and visibility over control self-assessments.
Equifax
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of global data, analytics, and technology solutions, offering a range of consumer and business information services including credit reporting, identity protection, and workforce management to help organizations make informed financial decisions and manage risk effectively.
- Key Products:
- Credit Risk: Solutions for assessing and managing consumer and business credit risk
- Identity & Fraud: Tools for identity verification and fraud prevention
- Data-driven Marketing: Services for targeted marketing and customer acquisition
- Workforce Management: Solutions for employment and income verification
- Mortgage Services: Products to support the mortgage lending process.