S&P Global edges higher in pre-market amid valuation debate and recent debt offering

S&P Global Inc. is trading higher in pre-market, up 0.99% to $504.81, despite a recent Simply Wall St analysis arguing the stock is significantly overvalued based on intrinsic value estimates.

• The analysis estimates the intrinsic value at $316.55 per share, suggesting the stock is overvalued by about 57.9%.
• The company recently priced $1 billion in senior notes, including $600 million of 4.250% notes due 2031, securing low-cost, long-term funding.
• SPGI trades at roughly 35.9x earnings, which is noted as significantly higher than the industry-average multiple.