<div id="readability-page-1"><div><p>Experian, founded in 1826, is a multinational data broker and consumer credit reporting company headquartered in Dublin, Ireland. The company provides credit scoring, data analytics, marketing solutions, and identity fraud prevention services to consumers and businesses across North America, Latin America, UK and Ireland, EMEA and Asia Pacific. The company operates through two segments including Business-to-Business and Customer Services.</p><h2> Simplifying home buying</h2><p> Experian announced its multi-year partnership with Haysto and its brand Picnic, a modern mortgage service company, to leverage Haysto's digital mortgage technology with its advanced analytics. With the objective to deliver personalized mortgage services to over 15 million UK customers, this collaboration would simplify the home-buying process and improve eligibility to diverse financial profiles. In addition, by launching innovations like Mortgage Co-Pilot, the company aims to strengthen its Customer Services segment, improve digital engagement, and reaffirm its commitment to financial inclusion.</p><h2> Consistent growth trajectory</h2><p> Experian posted decent performance over FY 22-25, achieving a revenue CAGR of 6.2%, reaching 7.5 billion US dollars in FY 25, propelled by robust demand for credit and data analytics, expansion of membership, cloud transformation, and strategic acquisitions. EBITDA surged at a CAGR of 8.3% to USD 2.3bn. Consequently, its EBITDA margin expanded from 28.9% to 30.0%.</p><p> Over FY 22-25, FCF grew from USD 1.1bn to USD 1.5bn, supported by improvement in cash inflow from operations from USD 1.8bn to USD 2.0bn. This led to rise in cash and cash equivalent from USD 179.0m to USD 368.0m.</p><p> Experian delivered consistent revenue and earnings growth over H1 26, driven by positive trajectory across the core business segments, improved demand across North America, Latin America, and EMEA and Asia Pacific regions, AI-driven automation, and better product platforms. In addition, the benchmark EBIT margin trended upwards by 100bp.</p><p> In comparison, Equifax Inc., a global peer, reported a revenue CAGR of 4.9% over FY 21-24, reaching USD 5.7bn in FY 24. EBITDA grew at CAGR of 2.6% to USD 1.8bn, with its margin contracting from 33.1% to 30.9%.</p><h2> Peer valuation gap</h2><p> Over the past year, the company declared annual dividends of USD 0.6, with a dividend yield of 1.4%.</p><p> Experian is currently trading at a P/E of 27.7x, based on the FY 26 estimated EPS of USD 1.6, which is lower than its 3-year historical average of 36.4x and that of Equifax’s valuation of 38.9x. The company is currently trading at an EV/EBITDA multiple of 15.3x, based on FY 26, estimated EBITDA of USD 3.0bn, which is lower than its 3-year historical average of 16.9x and Equifax (16.1x).</p><p> Experian is monitored by 17 analysts, 16 of whom have ‘Buy’ ratings and one has ‘Hold’ rating for an average target price of USD 57.3, implying 26.5% upside potential over the share's current price.</p><p> Analysts’ views are supported by an estimated EBITDA CAGR of 10.4% over FY 25-28, reaching USD 3.5bn, with margin of 36.1% in FY 28. In addition, analysts estimate a net profit CAGR of 18.1% to USD 1.9bn. In comparison, for Equifax, analysts estimate an EBITDA CAGR of 10.5% and net profit CAGR of 22.3% over FY 24-27.</p><p>Overall, Experian presented sustained growth and resilience through technological advancement and strategic partnerships. The company's trajectory reflects robust fundamentals underpinning sustainable growth. However, it faces regulatory scrutiny over data privacy and consumer protection compliance, alongside intensifying competition in the credit reporting and data analytics markets.</p></div></div>

益百利

<p>益百利宣布与 Haysto 达成多年合作伙伴关系，利用数字抵押贷款技术和先进分析，旨在简化超过 1500 万英国客户的购房流程。这一合作是益百利增强其客户服务部门和促进金融包容性战略的一部分。该公司表现出持续增长，预计 2022 财年至 2025 财年的收入年均增长率为 6.2%，息税折旧摊销前利润（EBITDA）年均增长率为 8.3%。尽管面临监管挑战和竞争，分析师对其股价持乐观态度，预计有 26.5% 的上涨潜力</p>

益百利携手合作伙伴推动抵押贷款创新