Intrinsic value of Equifax - EFX

Previous Close

$122.84

  Intrinsic Value

$74.14

stock screener

  Rating & Target

sell

-40%

Previous close

$122.84

 
Intrinsic value

$74.14

 
Up/down potential

-40%

 
Rating

sell

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of EFX stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  18.06
  3.90
  4.01
  4.11
  4.20
  4.28
  4.35
  4.42
  4.47
  4.53
  4.57
  4.62
  4.65
  4.69
  4.72
  4.75
  4.77
  4.80
  4.82
  4.83
  4.85
  4.87
  4.88
  4.89
  4.90
  4.91
  4.92
  4.93
  4.94
  4.94
  4.95
Revenue, $m
  3,145
  3,268
  3,399
  3,538
  3,687
  3,845
  4,012
  4,189
  4,376
  4,575
  4,784
  5,005
  5,238
  5,483
  5,742
  6,015
  6,302
  6,604
  6,922
  7,257
  7,609
  7,979
  8,368
  8,778
  9,208
  9,660
  10,136
  10,635
  11,160
  11,712
  12,292
Variable operating expenses, $m
 
  2,403
  2,483
  2,569
  2,660
  2,757
  2,859
  2,968
  3,083
  3,205
  3,333
  3,071
  3,214
  3,365
  3,524
  3,691
  3,867
  4,052
  4,248
  4,453
  4,669
  4,896
  5,135
  5,386
  5,650
  5,928
  6,220
  6,526
  6,848
  7,187
  7,543
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  2,327
  2,403
  2,483
  2,569
  2,660
  2,757
  2,859
  2,968
  3,083
  3,205
  3,333
  3,071
  3,214
  3,365
  3,524
  3,691
  3,867
  4,052
  4,248
  4,453
  4,669
  4,896
  5,135
  5,386
  5,650
  5,928
  6,220
  6,526
  6,848
  7,187
  7,543
Operating income, $m
  818
  865
  916
  970
  1,027
  1,088
  1,153
  1,221
  1,293
  1,370
  1,451
  1,934
  2,024
  2,118
  2,218
  2,324
  2,435
  2,552
  2,674
  2,804
  2,940
  3,083
  3,233
  3,391
  3,558
  3,732
  3,916
  4,109
  4,312
  4,525
  4,749
EBITDA, $m
  1,087
  1,354
  1,408
  1,466
  1,527
  1,593
  1,662
  1,735
  1,813
  1,895
  1,982
  2,073
  2,170
  2,271
  2,379
  2,492
  2,611
  2,736
  2,868
  3,006
  3,152
  3,305
  3,467
  3,636
  3,815
  4,002
  4,199
  4,406
  4,623
  4,852
  5,092
Interest expense (income), $m
  85
  112
  119
  126
  133
  142
  150
  159
  169
  179
  190
  201
  213
  226
  239
  253
  268
  283
  300
  317
  335
  354
  374
  395
  418
  441
  466
  491
  518
  547
  577
Earnings before tax, $m
  728
  753
  797
  844
  894
  946
  1,003
  1,062
  1,125
  1,191
  1,261
  1,733
  1,811
  1,893
  1,980
  2,071
  2,167
  2,268
  2,375
  2,487
  2,605
  2,729
  2,859
  2,996
  3,140
  3,291
  3,451
  3,618
  3,793
  3,978
  4,172
Tax expense, $m
  233
  203
  215
  228
  241
  256
  271
  287
  304
  322
  341
  468
  489
  511
  534
  559
  585
  612
  641
  671
  703
  737
  772
  809
  848
  889
  932
  977
  1,024
  1,074
  1,126
Net income, $m
  489
  550
  582
  616
  652
  691
  732
  775
  821
  869
  921
  1,265
  1,322
  1,382
  1,445
  1,512
  1,582
  1,656
  1,733
  1,815
  1,901
  1,992
  2,087
  2,187
  2,292
  2,403
  2,519
  2,641
  2,769
  2,904
  3,046

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  129
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  6,664
  6,793
  7,066
  7,356
  7,665
  7,993
  8,341
  8,709
  9,099
  9,510
  9,945
  10,405
  10,889
  11,400
  11,938
  12,504
  13,101
  13,730
  14,391
  15,087
  15,819
  16,588
  17,398
  18,249
  19,144
  20,084
  21,072
  22,111
  23,202
  24,349
  25,554
Adjusted assets (=assets-cash), $m
  6,535
  6,793
  7,066
  7,356
  7,665
  7,993
  8,341
  8,709
  9,099
  9,510
  9,945
  10,405
  10,889
  11,400
  11,938
  12,504
  13,101
  13,730
  14,391
  15,087
  15,819
  16,588
  17,398
  18,249
  19,144
  20,084
  21,072
  22,111
  23,202
  24,349
  25,554
Revenue / Adjusted assets
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
  0.481
Average production assets, $m
  1,588
  1,650
  1,716
  1,787
  1,862
  1,942
  2,026
  2,115
  2,210
  2,310
  2,416
  2,527
  2,645
  2,769
  2,900
  3,037
  3,182
  3,335
  3,496
  3,665
  3,842
  4,029
  4,226
  4,433
  4,650
  4,879
  5,119
  5,371
  5,636
  5,915
  6,207
Working capital, $m
  -587
  -137
  -143
  -149
  -155
  -161
  -168
  -176
  -184
  -192
  -201
  -210
  -220
  -230
  -241
  -253
  -265
  -277
  -291
  -305
  -320
  -335
  -351
  -369
  -387
  -406
  -426
  -447
  -469
  -492
  -516
Total debt, $m
  2,672
  2,700
  2,861
  3,033
  3,216
  3,411
  3,617
  3,835
  4,066
  4,311
  4,569
  4,841
  5,128
  5,431
  5,750
  6,086
  6,440
  6,813
  7,205
  7,617
  8,051
  8,508
  8,988
  9,493
  10,023
  10,581
  11,167
  11,783
  12,430
  13,110
  13,825
Total liabilities, $m
  4,001
  4,029
  4,190
  4,362
  4,545
  4,740
  4,946
  5,164
  5,395
  5,640
  5,898
  6,170
  6,457
  6,760
  7,079
  7,415
  7,769
  8,142
  8,534
  8,946
  9,380
  9,837
  10,317
  10,822
  11,352
  11,910
  12,496
  13,112
  13,759
  14,439
  15,154
Total equity, $m
  2,663
  2,765
  2,876
  2,994
  3,120
  3,253
  3,395
  3,545
  3,703
  3,871
  4,048
  4,235
  4,432
  4,640
  4,859
  5,089
  5,332
  5,588
  5,857
  6,140
  6,438
  6,752
  7,081
  7,427
  7,791
  8,174
  8,576
  8,999
  9,443
  9,910
  10,401
Total liabilities and equity, $m
  6,664
  6,794
  7,066
  7,356
  7,665
  7,993
  8,341
  8,709
  9,098
  9,511
  9,946
  10,405
  10,889
  11,400
  11,938
  12,504
  13,101
  13,730
  14,391
  15,086
  15,818
  16,589
  17,398
  18,249
  19,143
  20,084
  21,072
  22,111
  23,202
  24,349
  25,555
Debt-to-equity ratio
  1.003
  0.980
  0.990
  1.010
  1.030
  1.050
  1.070
  1.080
  1.100
  1.110
  1.130
  1.140
  1.160
  1.170
  1.180
  1.200
  1.210
  1.220
  1.230
  1.240
  1.250
  1.260
  1.270
  1.280
  1.290
  1.290
  1.300
  1.310
  1.320
  1.320
  1.330
Adjusted equity ratio
  0.388
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407
  0.407

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  489
  550
  582
  616
  652
  691
  732
  775
  821
  869
  921
  1,265
  1,322
  1,382
  1,445
  1,512
  1,582
  1,656
  1,733
  1,815
  1,901
  1,992
  2,087
  2,187
  2,292
  2,403
  2,519
  2,641
  2,769
  2,904
  3,046
Depreciation, amort., depletion, $m
  269
  489
  492
  496
  500
  505
  509
  514
  520
  525
  531
  140
  146
  153
  160
  168
  176
  184
  193
  202
  212
  223
  233
  245
  257
  270
  283
  297
  311
  327
  343
Funds from operations, $m
  840
  1,038
  1,074
  1,112
  1,153
  1,196
  1,241
  1,289
  1,341
  1,395
  1,452
  1,404
  1,468
  1,535
  1,605
  1,680
  1,758
  1,840
  1,927
  2,018
  2,114
  2,214
  2,320
  2,432
  2,549
  2,672
  2,802
  2,938
  3,081
  3,231
  3,389
Change in working capital, $m
  44
  -5
  -6
  -6
  -6
  -7
  -7
  -7
  -8
  -8
  -9
  -9
  -10
  -10
  -11
  -11
  -12
  -13
  -13
  -14
  -15
  -16
  -16
  -17
  -18
  -19
  -20
  -21
  -22
  -23
  -24
Cash from operations, $m
  796
  1,044
  1,079
  1,118
  1,159
  1,202
  1,248
  1,297
  1,348
  1,403
  1,460
  1,414
  1,478
  1,545
  1,616
  1,691
  1,770
  1,853
  1,940
  2,032
  2,128
  2,230
  2,337
  2,449
  2,567
  2,691
  2,822
  2,959
  3,103
  3,254
  3,413
Maintenance CAPEX, $m
  0
  -88
  -91
  -95
  -99
  -103
  -107
  -112
  -117
  -122
  -128
  -133
  -140
  -146
  -153
  -160
  -168
  -176
  -184
  -193
  -202
  -212
  -223
  -233
  -245
  -257
  -270
  -283
  -297
  -311
  -327
New CAPEX, $m
  -174
  -62
  -66
  -71
  -75
  -80
  -84
  -89
  -95
  -100
  -106
  -112
  -118
  -124
  -131
  -138
  -145
  -153
  -161
  -169
  -178
  -187
  -197
  -207
  -217
  -228
  -240
  -252
  -265
  -279
  -293
Cash from investing activities, $m
  -1,976
  -150
  -157
  -166
  -174
  -183
  -191
  -201
  -212
  -222
  -234
  -245
  -258
  -270
  -284
  -298
  -313
  -329
  -345
  -362
  -380
  -399
  -420
  -440
  -462
  -485
  -510
  -535
  -562
  -590
  -620
Free cash flow, $m
  -1,180
  894
  922
  953
  985
  1,020
  1,056
  1,096
  1,137
  1,181
  1,227
  1,169
  1,220
  1,275
  1,332
  1,393
  1,457
  1,524
  1,595
  1,670
  1,748
  1,831
  1,918
  2,009
  2,105
  2,206
  2,312
  2,424
  2,541
  2,664
  2,793
Issuance/(repayment) of debt, $m
  1,298
  157
  162
  172
  183
  194
  206
  218
  231
  244
  258
  272
  287
  303
  319
  336
  354
  373
  392
  413
  434
  456
  480
  505
  531
  558
  586
  616
  647
  680
  714
Issuance/(repurchase) of shares, $m
  32
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  1,346
  157
  162
  172
  183
  194
  206
  218
  231
  244
  258
  272
  287
  303
  319
  336
  354
  373
  392
  413
  434
  456
  480
  505
  531
  558
  586
  616
  647
  680
  714
Total cash flow (excl. dividends), $m
  194
  1,050
  1,084
  1,125
  1,168
  1,214
  1,263
  1,314
  1,368
  1,425
  1,485
  1,441
  1,508
  1,578
  1,652
  1,729
  1,811
  1,897
  1,987
  2,082
  2,182
  2,287
  2,398
  2,514
  2,635
  2,764
  2,898
  3,039
  3,188
  3,344
  3,508
Retained Cash Flow (-), $m
  -352
  -102
  -111
  -118
  -126
  -133
  -142
  -150
  -159
  -168
  -177
  -187
  -197
  -208
  -219
  -231
  -243
  -256
  -269
  -283
  -298
  -313
  -329
  -346
  -364
  -383
  -402
  -423
  -444
  -467
  -490
Prev. year cash balance distribution, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  948
  973
  1,007
  1,043
  1,081
  1,121
  1,164
  1,209
  1,257
  1,308
  1,254
  1,310
  1,370
  1,433
  1,498
  1,568
  1,641
  1,718
  1,799
  1,884
  1,974
  2,068
  2,167
  2,271
  2,381
  2,496
  2,617
  2,744
  2,877
  3,018
Discount rate, %
 
  7.10
  7.46
  7.83
  8.22
  8.63
  9.06
  9.51
  9.99
  10.49
  11.01
  11.57
  12.14
  12.75
  13.39
  14.06
  14.76
  15.50
  16.27
  17.09
  17.94
  18.84
  19.78
  20.77
  21.81
  22.90
  24.04
  25.25
  26.51
  27.83
  29.22
PV of cash for distribution, $m
 
  885
  843
  803
  760
  714
  666
  616
  565
  512
  460
  376
  331
  288
  247
  208
  173
  142
  114
  90
  69
  53
  39
  28
  20
  14
  9
  6
  4
  2
  1
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Equifax Inc. is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data. It uses statistical techniques and software tools to analyze all available data, creating customized insights, decision-making solutions and processing services for its clients. It helps consumers understand, manage and protect their personal information and make more informed financial decisions. The Company also provides information, technology and services to support debt collections and recovery management.

FINANCIAL RATIOS  of  Equifax (EFX)

Valuation Ratios
P/E Ratio 30.1
Price to Sales 4.7
Price to Book 5.5
Price to Tangible Book
Price to Cash Flow 18.5
Price to Free Cash Flow 23.7
Growth Rates
Sales Growth Rate 18.1%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 19.2%
Cap. Spend. - 3 Yr. Gr. Rate 16%
Financial Strength
Quick Ratio 0
Current Ratio 0
LT Debt to Equity 78.4%
Total Debt to Equity 100.3%
Interest Coverage 10
Management Effectiveness
Return On Assets 9.8%
Ret/ On Assets - 3 Yr. Avg. 9.7%
Return On Total Capital 11.1%
Ret/ On T. Cap. - 3 Yr. Avg. 10.9%
Return On Equity 19.7%
Return On Equity - 3 Yr. Avg. 18.3%
Asset Turnover 0.6
Profitability Ratios
Gross Margin 64.6%
Gross Margin - 3 Yr. Avg. 65.5%
EBITDA Margin 34.4%
EBITDA Margin - 3 Yr. Avg. 34.3%
Operating Margin 26%
Oper. Margin - 3 Yr. Avg. 26.1%
Pre-Tax Margin 23.1%
Pre-Tax Margin - 3 Yr. Avg. 23.5%
Net Profit Margin 15.5%
Net Profit Margin - 3 Yr. Avg. 15.6%
Effective Tax Rate 32%
Eff/ Tax Rate - 3 Yr. Avg. 32.9%
Payout Ratio 32.3%

EFX stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the EFX stock intrinsic value calculation we used $3145 million for the last fiscal year's total revenue generated by Equifax. The default revenue input number comes from 2016 income statement of Equifax. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our EFX stock valuation model: a) initial revenue growth rate of 3.9% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 7.1%, whose default value for EFX is calculated based on our internal credit rating of Equifax, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Equifax.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of EFX stock the variable cost ratio is equal to 74%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for EFX stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 4.4% for Equifax.

Corporate tax rate of 27% is the nominal tax rate for Equifax. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the EFX stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for EFX are equal to 50.5%.

Life of production assets of 18.1 years is the average useful life of capital assets used in Equifax operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for EFX is equal to -4.2%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $2663 million for Equifax - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 121.947 million for Equifax is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Equifax at the current share price and the inputted number of shares is $15.0 billion.

RELATED COMPANIES Price Int.Val. Rating
SPGI S&P Global 178.64 59.63  str.sell
MCO Moody's 157.58 56.94  str.sell
DNB Dun&Bradstreet 118.01 14.58  str.sell
CLGX CoreLogic 47.41 38.69  hold
TRU TransUnion 57.86 38.09  sell
ADP Automatic Data 120.90 127.74  hold
PAYX Paychex 68.91 59.57  hold

COMPANY NEWS

▶ Report: Equifax was 2017's most-complained-about finance company (Video)   [Jan-16-18 01:50PM  American City Business Journals]
▶ [$$] Boards Seek Bigger Role in Thwarting Hackers   [12:11AM  The Wall Street Journal]
▶ [$$] Editor's News Picks   [02:40PM  The Wall Street Journal]
▶ After Equifax, Boards Rethink Cybersecurity   [01:07PM  The Wall Street Journal]
▶ Yahoo Finance Live: Market Movers - Jan 10th, 2018   [12:04PM  Yahoo Finance Video]
▶ [$$] Boards Seek Bigger Role in Thwarting Hackers   [10:39AM  The Wall Street Journal]
▶ Victims still reeling from Equifax data breach   [Jan-09-18 07:00PM  CBS News Videos]
▶ Georgia's best and worst stocks of 2017 (Slideshow)   [01:10PM  American City Business Journals]
▶ [$$] Report From the Cyberwar Front Lines   [Dec-29-17 11:30PM  The Wall Street Journal]
▶ Meet the Americans stood up to big corporations in 2017   [Dec-28-17 09:14AM  MarketWatch]
▶ 2018 could be even worse for consumers   [Dec-26-17 08:07AM  Yahoo Finance]
▶ Why 2018 could be a rough one for consumers   [06:00AM  Yahoo Finance Video]
▶ Data Breach Exposes 123 Million U.S. Households   [Dec-22-17 02:59PM  Fortune]
▶ 10 Winners and Losers That Will Define 2017   [11:40AM  InvestorPlace]
▶ 6 Stocks With Negative Performances   [02:56PM  GuruFocus.com]
▶ 123M American households exposed to data breach   [10:49AM  Yahoo Finance Video]
▶ 5 Top Financial Sector Stories of 2017   [Dec-19-17 05:03PM  Motley Fool]
▶ 9 Best Dividend Stocks to Buy for Every Investor   [Dec-18-17 03:27PM  InvestorPlace]
▶ Boards Respond to Equifax as Defining Moment of Cybersecurity Governance   [Dec-13-17 06:47AM  The Wall Street Journal]
▶ Uber paid 20-year-old $10K to keep data breach secret: Reuters   [Dec-07-17 11:05AM  Yahoo Finance Video]
▶ ETFs with exposure to Equifax, Inc. : November 27, 2017   [Nov-27-17 01:16PM  Capital Cube]
▶ Report: National class action lawsuit filed in Atlanta against Equifax   [Nov-22-17 03:25PM  American City Business Journals]
▶ Uber paid hackers $100K to keep breach a secret   [10:56AM  Yahoo Finance Video]
▶ Equifax to Meet With Investors in Atlanta   [Nov-20-17 05:30PM  PR Newswire]
▶ The latest employee perk you might want or even need   [Nov-19-17 03:33PM  MarketWatch]
▶ Equifax to Meet With Investors in Europe   [Nov-17-17 01:10PM  PR Newswire]
▶ [$$] Experian: credit where due   [Nov-15-17 12:49PM  Financial Times]
▶ [$$] Legislators Grow Wary of Breach Blame-Game   [07:22AM  The Wall Street Journal]
▶ How Much Will Equifax Pay?   [05:01AM  Bloomberg]
▶ Tenable CEO doesn't think much of the Equifax, Yahoo cyber breach explanations   [Nov-13-17 08:15PM  American City Business Journals]
▶ Want 6% Return? Equifax Has Your Back!   [04:36PM  Barrons.com]
▶ [$$] Editor's News Picks   [07:19AM  The Wall Street Journal]
▶ Equifax warns on post-breach costs, revenue hit   [Nov-10-17 10:51PM  Reuters]
▶ Equifax lays out hack-related costs   [03:32PM  CNBC Videos]
▶ Thank You, Hackers   [03:01PM  Bloomberg]
Financial statements of EFX
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.