MORN PE Ratio & Valuation,Is MORN Overvalued

MORN Relative Valuation

MORN's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, MORN is overvalued; if below, it's undervalued.

Historical Valuation

Morningstar Inc (MORN) is now in the Fair zone, suggesting that its current forward PE ratio of 21.02 is considered Fairly compared with the five-year average of 36.24. The fair price of Morningstar Inc (MORN) is between 129.84 to 576.76 according to relative valuation methord.

Relative Value

Fair Zone

129.84-576.76

Current Price：214.10

Fair

21.02

12.17

EV/EBITDA

Morningstar Inc. (MORN) has a current EV/EBITDA of 12.17. The 5-year average EV/EBITDA is 17.13. The thresholds are as follows: Strongly Undervalued below -1.90, Undervalued between -1.90 and 7.62, Fairly Valued between 26.65 and 7.62, Overvalued between 26.65 and 36.17, and Strongly Overvalued above 36.17. The current Forward EV/EBITDA of 12.17 falls within the Historic Trend Line -Fairly Valued range.

15.06

EV/EBIT

Morningstar Inc. (MORN) has a current EV/EBIT of 15.06. The 5-year average EV/EBIT is 23.36. The thresholds are as follows: Strongly Undervalued below -8.24, Undervalued between -8.24 and 7.56, Fairly Valued between 39.16 and 7.56, Overvalued between 39.16 and 54.96, and Strongly Overvalued above 54.96. The current Forward EV/EBIT of 15.06 falls within the Historic Trend Line -Fairly Valued range.

3.46

Morningstar Inc. (MORN) has a current PS of 3.46. The 5-year average PS is 4.05. The thresholds are as follows: Strongly Undervalued below -0.37, Undervalued between -0.37 and 1.84, Fairly Valued between 6.25 and 1.84, Overvalued between 6.25 and 8.46, and Strongly Overvalued above 8.46. The current Forward PS of 3.46 falls within the Historic Trend Line -Fairly Valued range.

14.54

P/OCF

Morningstar Inc. (MORN) has a current P/OCF of 14.54. The 5-year average P/OCF is 17.25. The thresholds are as follows: Strongly Undervalued below -1.77, Undervalued between -1.77 and 7.74, Fairly Valued between 26.76 and 7.74, Overvalued between 26.76 and 36.26, and Strongly Overvalued above 36.26. The current Forward P/OCF of 14.54 falls within the Historic Trend Line -Fairly Valued range.

18.92

P/FCF

Morningstar Inc. (MORN) has a current P/FCF of 18.92. The 5-year average P/FCF is 23.79. The thresholds are as follows: Strongly Undervalued below -3.06, Undervalued between -3.06 and 10.37, Fairly Valued between 37.22 and 10.37, Overvalued between 37.22 and 50.65, and Strongly Overvalued above 50.65. The current Forward P/FCF of 18.92 falls within the Historic Trend Line -Fairly Valued range.

Morningstar Inc (MORN) has a current Price-to-Book (P/B) ratio of 5.87. Compared to its 3-year average P/B ratio of 8.19 , the current P/B ratio is approximately -28.33% higher. Relative to its 5-year average P/B ratio of 8.26, the current P/B ratio is about -28.90% higher. Morningstar Inc (MORN) has a Forward Free Cash Flow (FCF) yield of approximately 4.48%. Compared to its 3-year average FCF yield of 2.54%, the current FCF yield is approximately 76.29% lower. Relative to its 5-year average FCF yield of 2.60% , the current FCF yield is about 71.92% lower.

5.87

P/B

Median3y

8.19

Median5y

8.26

4.48

FCF Yield

Median3y

2.54

Median5y

2.60

Competitors Valuation Multiple

The average P/S ratio for MORN's competitors is 9.69, providing a benchmark for relative valuation. Morningstar Inc Corp (MORN) exhibits a P/S ratio of 3.46, which is -64.28% above the industry average. Given its robust revenue growth of 8.43%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of MORN decreased by 36.42% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 569.40M to 617.40M.

The secondary factor is the P/E Change, contributed -15.45%to the performance.

Overall, the performance of MORN in the past 1 year is driven by Revenue Growth. Which is more sustainable.

8.43%

569.40M → 617.40M

Revenue Growth

-29.40%

21.02 → 14.84

Margin Expansion

-15.45%

28.79 → 24.34

P/E Change

-36.42%

336.76 → 214.10

Mkt Cap Growth

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Frequently Asked Questions

Is Morningstar Inc (MORN) currently overvalued or undervalued?

What is Morningstar Inc (MORN) fair value?

MORN's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Morningstar Inc (MORN) is between 129.84 to 576.76 according to relative valuation methord.

How does MORN's valuation metrics compare to the industry average?

What is the current P/B ratio for Morningstar Inc (MORN) as of Dec 15 2025?

As of Dec 15 2025, Morningstar Inc (MORN) has a P/B ratio of 5.87. This indicates that the market values MORN at 5.87 times its book value.

What is the current FCF Yield for Morningstar Inc (MORN) as of Dec 15 2025?

As of Dec 15 2025, Morningstar Inc (MORN) has a FCF Yield of 4.48%. This means that for every dollar of Morningstar Inc’s market capitalization, the company generates 4.48 cents in free cash flow.

What is the current Forward P/E ratio for Morningstar Inc (MORN) as of Dec 15 2025?

As of Dec 15 2025, Morningstar Inc (MORN) has a Forward P/E ratio of 21.02. This means the market is willing to pay $21.02 for every dollar of Morningstar Inc’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for Morningstar Inc (MORN) as of Dec 15 2025?

As of Dec 15 2025, Morningstar Inc (MORN) has a Forward P/S ratio of 3.46. This means the market is valuing MORN at $3.46 for every dollar of expected revenue over the next 12 months.

MORN Valuation