<div id="readability-page-1"><div><p>MSCI (MSCI) has kicked off a heated debate by reviewing whether companies with more than 50% of their assets in Bitcoin and other digital tokens still belong in its flagship equity indexes.</p> <p>See our latest analysis for MSCI.</p> <p>The review lands at an interesting moment for MSCI, with a 30 day share price return of 4.52 percent helping the stock claw back some of its year to date softness. A 5 year total shareholder return above 40 percent shows the longer term story is still intact even as momentum has cooled.</p> <p>If this kind of structural shift in indexing has you rethinking your opportunity set, it could be a good time to explore fast growing stocks with high insider ownership.</p> <p>With revenue and earnings still growing at a healthy clip and the share price sitting about 13 percent below analyst targets, yet trading at a premium to intrinsic value, is MSCI a bargain in waiting or is future growth already priced in?</p> <h2>Most Popular Narrative Narrative: 11.5% Undervalued</h2> <p>Compared with the last close of $581.75, the most widely followed narrative points to a higher fair value, framing MSCI as modestly mispriced but not speculative.</p> <blockquote> <p><em>The analysts have a consensus price target of $619.071 for MSCI based on their expectations of its future earnings growth, profit margins and other risk factors. However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $700.0, and the most bearish reporting a price target of just $520.0.</em></p> </blockquote> <p>Read the complete narrative.</p> <p>Want to see what is powering that valuation gap? The storyline leans on steady revenue compounding, rising margins, and a premium earnings multiple that rivals market leaders.</p> <p><strong>Result: Fair Value of $657.56 (UNDERVALUED)</strong></p> <p>Have a read of the narrative in full and understand what's behind the forecasts.</p> <p>However, slower sustainability demand and potential fee compression in passive products could challenge MSCI's premium multiple if growth falls short of expectations.</p> <p>Find out about the key risks to this MSCI narrative.</p> <h2>Another Lens on Value</h2> <p>Step back from fair value estimates and the picture looks tougher. At 35.7 times earnings, MSCI trades above both Capital Markets peers at 25.7 times and a fair ratio of 16.7 times. This points to real de rating risk if growth or sentiment slips.</p> <p>See what the numbers say about this price — find out in our valuation breakdown.</p> <figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/dc58abd2-d497-458d-8aa9-f8ba23e1e0b1/chart/pe-multiple-vs-industry?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/dc58abd2-d497-458d-8aa9-f8ba23e1e0b1/chart/pe-multiple-vs-industry"/><figcaption>NYSE:MSCI PE Ratio as at Dec 2025</figcaption></figure><h2> Build Your Own MSCI Narrative</h2> <p>If you see the story differently or want to dig into the numbers yourself, you can build a personalized view in minutes: Do it your way.</p> <p>A great starting point for your MSCI research is our analysis highlighting 2 key rewards and 1 important warning sign that could impact your investment decision.</p> <h2>Looking for more investment ideas?</h2> <p>Do not stop at one opportunity. Your next market winner could be hiding in plain sight, and the Simply Wall St Screener helps you uncover it fast.</p> <ul> <li>Capture potential multibaggers early by targeting these 3630 penny stocks with strong financials that already back up their promise with solid financials.</li> <li>Position yourself at the cutting edge of innovation by focusing on these 24 AI penny stocks in the artificial intelligence space.</li> <li>Explore stronger income potential by filtering for these 10 dividend stocks with yields &gt; 3% that can add income to your portfolio.</li> </ul> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data     and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your     financial situation. We aim to bring you long-term focused analysis driven by fundamental data.     Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.     Simply Wall St has no position in any stocks mentioned.</em></p><div><p>Mobile Infrastructure for Defense and Disaster</p><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p><p>Get the investor briefing before the next round of contracts</p><p><span>Sponsored On Behalf of CiTech</span></p></div></div></div>

MSCI

<p>MSCI is reviewing the inclusion of firms with over 50% assets in digital tokens in its indexes. Despite a recent 4.52% share price increase, MSCI's valuation is debated, with analysts' price targets ranging from $520 to $700. The stock is seen as undervalued with a fair value of $657.56, but faces risks from slower sustainability demand and fee compression. MSCI trades at a high PE ratio, indicating potential de-rating risk if growth falters.</p>

Reassessing MSCI (MSCI) Valuation as It Weighs Excluding High Digital-Asset Firms from Indexes