TRIThomson Reuters Corporation

$103.23-34% 1Y

Is the price fair?

Mixed

Growth expectations in line with delivery. That is the only one of 3 checks this filer's data supports, so take it as a single data point rather than a settled answer.

1 neutral, 2 without data
What the price assumes~+6% a yearderived · Jun 30, 2025

Priced for ~6% a year FCF growth. Roughly in line with its three-year revenue growth of 9% a year.

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What TRI's price assumes

Thomson Reuters Corporation trades at 22.6× earnings against 25.9× for the median Specialty Business Services name, cheaper than its own group.

22.6

Trailing P/E · Specialty Business Services median 25.9 · cheaper than the typical name in its group

Price / sales
9.63

Price / sales · as of 2025-Q2

Free cash flow yield
4.9%

Free cash flow yield · Specialty Business Services median 7.8%

Growth the price implies
+6.0%

Growth the price implies · The price pays for +6.0% free cash flow growth a year for a decade; the business has delivered +32% a year over the last three.

Details›
Price / bookas of 2025-Q2
6.91
EV / EBITas of 2025-Q2
34.7
EV / salesas of 2025-Q2
9.76
Industrials median P/E440 names
26.5
Specialty Business Services median P/E28 names
25.9
Free cash flow, trailing twelve months
$1.72B
Market capitalisation
$35.4B
3-year revenue growth
+9.3%
3-year free cash flow growth
+32%

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.