FACTSET RESEARCH SYSTEMS INC (FDS)
US3030751057 - Common Stock
Overall FDS gets a fundamental rating of 5 out of 10. We evaluated FDS against 218 industry peers in the Capital Markets industry. FDS scores excellent on profitability, but there are some minor concerns on its financial health. FDS is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
FDS had positive earnings in the past year.
FDS had a positive operating cash flow in the past year.
FDS had positive earnings in each of the past 5 years.
Each year in the past 5 years FDS had a positive operating cash flow.
1.2 Ratios
FDS has a better Return On Assets (13.24%) than 93.95% of its industry peers.
FDS has a Return On Equity of 28.09%. This is amongst the best in the industry. FDS outperforms 93.95% of its industry peers.
FDS has a Return On Invested Capital of 16.94%. This is amongst the best in the industry. FDS outperforms 93.95% of its industry peers.
FDS had an Average Return On Invested Capital over the past 3 years of 14.84%. This is significantly above the industry average of 7.00%.
The 3 year average ROIC (14.84%) for FDS is below the current ROIC(16.94%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.24% | ||
| ROE | 28.09% | ||
| ROIC | 16.94% |
ROA(3y)11.65%
ROA(5y)14.16%
ROE(3y)28.93%
ROE(5y)33.54%
ROIC(3y)14.84%
ROIC(5y)16.9%
1.3 Margins
The Profit Margin of FDS (24.38%) is better than 62.79% of its industry peers.
FDS's Profit Margin has been stable in the last couple of years.
With a Operating Margin value of 32.05%, FDS perfoms like the industry average, outperforming 55.35% of the companies in the same industry.
In the last couple of years the Operating Margin of FDS has remained more or less at the same level.
FDS has a Gross Margin (54.07%) which is comparable to the rest of the industry.
FDS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.05% | ||
| PM (TTM) | 24.38% | ||
| GM | 54.07% |
OM growth 3Y2.47%
OM growth 5Y0.98%
PM growth 3Y-0.98%
PM growth 5Y-0.16%
GM growth 3Y-6.57%
GM growth 5Y0.11%
2. Health
2.1 Basic Checks
Compared to 1 year ago, FDS has about the same amount of shares outstanding.
The number of shares outstanding for FDS has been reduced compared to 5 years ago.
FDS has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of FDS is 2.22, which is a good value as it means it would take FDS, 2.22 years of fcf income to pay off all of its debts.
FDS has a better Debt to FCF ratio (2.22) than 81.40% of its industry peers.
A Debt/Equity ratio of 0.65 indicates that FDS is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.65, FDS is in the better half of the industry, outperforming 65.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
FDS has a Current Ratio of 1.25. This is a normal value and indicates that FDS is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.25, FDS perfoms like the industry average, outperforming 58.60% of the companies in the same industry.
FDS has a Quick Ratio of 1.25. This is a normal value and indicates that FDS is financially healthy and should not expect problems in meeting its short term obligations.
FDS's Quick ratio of 1.25 is in line compared to the rest of the industry. FDS outperforms 58.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
FDS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.37%, which is quite good.
The Earnings Per Share has been growing by 10.47% on average over the past years. This is quite good.
FDS shows a small growth in Revenue. In the last year, the Revenue has grown by 5.64%.
The Revenue has been growing by 8.95% on average over the past years. This is quite good.
EPS 1Y (TTM)13.37%
EPS 3Y14.53%
EPS 5Y10.47%
EPS Q2Q%27.65%
Revenue 1Y (TTM)5.64%
Revenue growth 3Y11.45%
Revenue growth 5Y8.95%
Sales Q2Q%4.93%
3.2 Future
FDS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.21% yearly.
Based on estimates for the next years, FDS will show a small growth in Revenue. The Revenue will grow by 6.40% on average per year.
EPS Next Y5.28%
EPS Next 2Y7.1%
EPS Next 3Y7.76%
EPS Next 5Y9.21%
Revenue Next Year5.06%
Revenue Next 2Y5.48%
Revenue Next 3Y5.56%
Revenue Next 5Y6.4%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 29.54, which means the current valuation is very expensive for FDS.
Based on the Price/Earnings ratio, FDS is valued a bit more expensive than the industry average as 69.77% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 28.53. FDS is around the same levels.
The Price/Forward Earnings ratio is 28.06, which means the current valuation is very expensive for FDS.
FDS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. FDS is more expensive than 69.77% of the companies in the same industry.
FDS is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.40, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.54 | ||
| Fwd PE | 28.06 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FDS is valued a bit cheaper than the industry average as 66.51% of the companies are valued more expensively.
FDS's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.03 | ||
| EV/EBITDA | 23.08 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FDS does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of FDS may justify a higher PE ratio.
PEG (NY)5.6
PEG (5Y)2.82
EPS Next 2Y7.1%
EPS Next 3Y7.76%
5. Dividend
5.1 Amount
FDS has a yearly dividend return of 0.84%, which is pretty low.
FDS's Dividend Yield is slightly below the industry average, which is at 9.01.
Compared to an average S&P500 Dividend Yield of 2.22, FDS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
5.2 History
The dividend of FDS is nicely growing with an annual growth rate of 8.60%!
FDS has paid a dividend for at least 10 years, which is a reliable track record.
FDS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.6%
Div Incr Years24
Div Non Decr Years24
5.3 Sustainability
28.05% of the earnings are spent on dividend by FDS. This is a low number and sustainable payout ratio.
The dividend of FDS is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP28.05%
EPS Next 2Y7.1%
EPS Next 3Y7.76%
FACTSET RESEARCH SYSTEMS INC
NYSE:FDS (11/18/2024, 4:20:02 PM)
After market: 485.93 0 (0%)485.93
+2.03 (+0.42%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap18.46B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.54 | ||
| Fwd PE | 28.06 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)5.6
PEG (5Y)2.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.24% | ||
| ROE | 28.09% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 32.05% | ||
| PM (TTM) | 24.38% | ||
| GM | 54.07% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)13.37%
EPS 3Y14.53%
EPS 5Y
EPS Q2Q%
EPS Next Y5.28%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5.64%
Revenue growth 3Y11.45%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y