Clarivate Plc operates as an information services provider in the Americas, the Middle East, Africa, Europe, and the Asia Pacific. It operates through three segments: Academia & Government, Life Sciences & Healthcare, and Intellectual Property. The company provides scientific and academic research, a connect data, solutions, and expertise so that research institutions can thrive; ProQuest One solutions provide access to multidisciplinary curated content across a variety of formats including data bases, dissertations, news, primary sources, books, and video; Alma, Polari, and Vega, a solution provides a proven, flexible, and unified library services platform for libraries to effectively manage their resources and unique materials. It offers IPFolio and FoundationIP, manages platform that allows companies to secure, manage, and protect their IP assets through advanced workflow automation technology, superior data and analytics, and unparalleled industry expertise and support; patent services; Derwent Innovation patent search software helps patent professionals make faster, more patentability, freedom-to-operate, and validity decisions; and CompuMark trademark search solutions as well as trademark watch and other managed services. In addition, the company provides Cortellis, a suite of products equip customers with the intelligence needed to make decisions spanning the entire drug development lifecycle. It serves corporations, universities, law firms, government agencies, public libraries, and other professional services organizations. The company was formerly known as Clarivate Analytics Plc and changed its name to Clarivate Plc in May 2020. Clarivate Plc was founded in 1864 and is headquartered in London, the United Kingdom.
Market Valuation | Analysts offer mixed views on Clarivate's prospects, with price targets ranging from $4.00 to $6.00, reflecting uncertainty in the company's turnaround efforts |
Strategic Shifts | Delve into Clarivate's transition from transactional to subscription-based revenue models, a move aimed at long-term stability but with short-term risks |
IP Segment Potential | Explore the growth opportunities in Clarivate's Intellectual Property division, expected to benefit from favorable comparisons and patent renewal timing |
Turnaround Challenges | Clarivate faces headwinds as it implements a new Value Creation Plan amid declining revenues and slowing subscription growth in its Analytics & Governance segment |
Metrics to compare | CLVT | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipCLVTPeersSector | |
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P/E Ratio | −4.3x | 19.7x | 12.0x | |
PEG Ratio | −0.11 | 0.39 | 0.03 | |
Price / Book | 0.6x | 3.1x | 1.4x | |
Price / LTM Sales | 1.2x | 1.1x | 1.2x | |
Upside (Analyst Target) | 17.9% | 12.0% | 17.8% | |
Fair Value Upside | Unlock | 15.9% | 7.6% | Unlock |