FACTSET RESEARCH SYSTEMS INC (FDS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FDS - US3030751057 - Common Stock
293 USD
+0.97 (+0.33%)
294.23 USD
+1.23 (+0.42%)
Taking everything into account, FDS scores 6 out of 10 in our fundamental rating. FDS was compared to 237 industry peers in the Capital Markets industry. Both the health and profitability get an excellent rating, making FDS a very profitable company, without any liquidiy or solvency issues. FDS is not valued too expensively and it also shows a decent growth rate. These ratings could make FDS a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
FDS had positive earnings in the past year.
In the past year FDS had a positive cash flow from operations.
Each year in the past 5 years FDS has been profitable.
Each year in the past 5 years FDS had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FDS (13.87%) is better than 94.09% of its industry peers.
Looking at the Return On Equity, with a value of 27.31%, FDS belongs to the top of the industry, outperforming 93.25% of the companies in the same industry.
FDS's Return On Invested Capital of 16.34% is amongst the best of the industry. FDS outperforms 91.56% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FDS is significantly above the industry average of 7.00%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.87% | ||
| ROE | 27.31% | ||
| ROIC | 16.34% |
ROA(3y)12.98%
ROA(5y)13.36%
ROE(3y)28.1%
ROE(5y)30.68%
ROIC(3y)16.37%
ROIC(5y)16.42%
1.3 Margins
Looking at the Profit Margin, with a value of 25.72%, FDS is in the better half of the industry, outperforming 64.56% of the companies in the same industry.
In the last couple of years the Profit Margin of FDS has remained more or less at the same level.
FDS has a better Operating Margin (32.23%) than 62.03% of its industry peers.
In the last couple of years the Operating Margin of FDS has grown nicely.
With a decent Gross Margin value of 52.72%, FDS is doing good in the industry, outperforming 62.45% of the companies in the same industry.
FDS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.23% | ||
| PM (TTM) | 25.72% | ||
| GM | 52.72% |
OM growth 3Y3.26%
OM growth 5Y1.84%
PM growth 3Y6.11%
PM growth 5Y0.6%
GM growth 3Y-0.03%
GM growth 5Y-0.28%
2. Health
2.1 Basic Checks
The number of shares outstanding for FDS has been reduced compared to 1 year ago.
Compared to 5 years ago, FDS has less shares outstanding
FDS has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.03 indicates that FDS is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.03, FDS belongs to the top of the industry, outperforming 84.39% of the companies in the same industry.
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.
The Debt to FCF ratio of FDS (2.22) is better than 84.81% of its industry peers.
FDS has a Debt/Equity ratio of 0.63. This is a neutral value indicating FDS is somewhat dependend on debt financing.
FDS's Debt to Equity ratio of 0.63 is fine compared to the rest of the industry. FDS outperforms 61.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | 5.03 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
FDS has a Current Ratio of 1.40. 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 decent Current ratio value of 1.40, FDS is doing good in the industry, outperforming 65.82% of the companies in the same industry.
A Quick Ratio of 1.40 indicates that FDS should not have too much problems paying its short term obligations.
FDS has a better Quick ratio (1.40) than 66.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 1.4 |
3. Growth
3.1 Past
FDS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.16%.
Measured over the past years, FDS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.32% on average per year.
FDS shows a small growth in Revenue. In the last year, the Revenue has grown by 5.39%.
FDS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.22% yearly.
EPS 1Y (TTM)3.16%
EPS 3Y8.16%
EPS 5Y9.32%
EPS Q2Q%8.29%
Revenue 1Y (TTM)5.39%
Revenue growth 3Y7.98%
Revenue growth 5Y9.22%
Sales Q2Q%6.17%
3.2 Future
The Earnings Per Share is expected to grow by 8.85% on average over the next years. This is quite good.
The Revenue is expected to grow by 5.31% on average over the next years.
EPS Next Y3.3%
EPS Next 2Y5.83%
EPS Next 3Y6.65%
EPS Next 5Y8.85%
Revenue Next Year5.3%
Revenue Next 2Y5.37%
Revenue Next 3Y5.46%
Revenue Next 5Y5.31%
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
A Price/Earnings ratio of 17.27 indicates a rather expensive valuation of FDS.
Compared to the rest of the industry, the Price/Earnings ratio of FDS is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.43, FDS is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 16.71, the valuation of FDS can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FDS is on the same level as its industry peers.
FDS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.66, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.27 | ||
| Fwd PE | 16.71 |
4.2 Price Multiples
83.12% of the companies in the same industry are more expensive than FDS, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as FDS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.76 | ||
| EV/EBITDA | 13.2 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of FDS may justify a higher PE ratio.
PEG (NY)5.23
PEG (5Y)1.85
EPS Next 2Y5.83%
EPS Next 3Y6.65%
5. Dividend
5.1 Amount
FDS has a Yearly Dividend Yield of 1.51%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.13, FDS is paying slightly less dividend.
FDS's Dividend Yield is comparable with the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
5.2 History
On average, the dividend of FDS grows each year by 7.85%, which is quite nice.
FDS has been paying a dividend for at least 10 years, so it has a reliable track record.
FDS has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)7.85%
Div Incr Years25
Div Non Decr Years25
5.3 Sustainability
FDS pays out 26.79% of its income as dividend. This is a sustainable payout ratio.
FDS's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP26.79%
EPS Next 2Y5.83%
EPS Next 3Y6.65%
293
+0.97 (+0.33%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners100.75%
Inst Owner Change3.04%
Ins Owners0.38%
Ins Owner Change2.62%
Market Cap10.96B
Revenue(TTM)2.32B
Net Income(TTM)597.04M
Analysts51.85
Price Target347.27 (18.52%)
Short Float %7.36%
Short Ratio3.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
Yearly Dividend4.23
Dividend Growth(5Y)7.85%
DP26.79%
Div Incr Years25
Div Non Decr Years25
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.21%
Min EPS beat(2)-2.87%
Max EPS beat(2)-1.55%
EPS beat(4)2
Avg EPS beat(4)-0.29%
Min EPS beat(4)-2.87%
Max EPS beat(4)1.83%
EPS beat(8)5
Avg EPS beat(8)2.35%
EPS beat(12)8
Avg EPS beat(12)1.43%
EPS beat(16)11
Avg EPS beat(16)2.83%
Revenue beat(2)0
Avg Revenue beat(2)-0.27%
Min Revenue beat(2)-0.42%
Max Revenue beat(2)-0.13%
Revenue beat(4)0
Avg Revenue beat(4)-0.48%
Min Revenue beat(4)-0.98%
Max Revenue beat(4)-0.13%
Revenue beat(8)1
Avg Revenue beat(8)-0.36%
Revenue beat(12)1
Avg Revenue beat(12)-0.62%
Revenue beat(16)5
Avg Revenue beat(16)-0.25%
PT rev (1m)-0.55%
PT rev (3m)-19.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.01%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.27 | ||
| Fwd PE | 16.71 | ||
| P/S | 4.72 | ||
| P/FCF | 17.76 | ||
| P/OCF | 15.1 | ||
| P/B | 5.01 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.2 |
EPS(TTM)16.97
EY5.79%
EPS(NY)17.53
Fwd EY5.98%
FCF(TTM)16.5
FCFY5.63%
OCF(TTM)19.41
OCFY6.62%
SpS62.05
BVpS58.43
TBVpS-27.11
PEG (NY)5.23
PEG (5Y)1.85
Graham Number149.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.87% | ||
| ROE | 27.31% | ||
| ROCE | 19.78% | ||
| ROIC | 16.34% | ||
| ROICexc | 18.04% | ||
| ROICexgc | 272.31% | ||
| OM | 32.23% | ||
| PM (TTM) | 25.72% | ||
| GM | 52.72% | ||
| FCFM | 26.59% |
ROA(3y)12.98%
ROA(5y)13.36%
ROE(3y)28.1%
ROE(5y)30.68%
ROIC(3y)16.37%
ROIC(5y)16.42%
ROICexc(3y)18.7%
ROICexc(5y)20.73%
ROICexgc(3y)690.47%
ROICexgc(5y)490.38%
ROCE(3y)19.82%
ROCE(5y)19.87%
ROICexgc growth 3Y2.77%
ROICexgc growth 5Y22.71%
ROICexc growth 3Y7.12%
ROICexc growth 5Y-9.81%
OM growth 3Y3.26%
OM growth 5Y1.84%
PM growth 3Y6.11%
PM growth 5Y0.6%
GM growth 3Y-0.03%
GM growth 5Y-0.28%
F-Score6
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 2.22 | ||
| Debt/EBITDA | 1.51 | ||
| Cap/Depr | 69% | ||
| Cap/Sales | 4.69% | ||
| Interest Coverage | 13.65 | ||
| Cash Conversion | 80.16% | ||
| Profit Quality | 103.42% | ||
| Current Ratio | 1.4 | ||
| Quick Ratio | 1.4 | ||
| Altman-Z | 5.03 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)56.07%
Cap/Depr(5y)52.96%
Cap/Sales(3y)3.83%
Cap/Sales(5y)3.62%
Profit Quality(3y)114.25%
Profit Quality(5y)117.82%
High Growth Momentum
Growth
EPS 1Y (TTM)3.16%
EPS 3Y8.16%
EPS 5Y9.32%
EPS Q2Q%8.29%
EPS Next Y3.3%
EPS Next 2Y5.83%
EPS Next 3Y6.65%
EPS Next 5Y8.85%
Revenue 1Y (TTM)5.39%
Revenue growth 3Y7.98%
Revenue growth 5Y9.22%
Sales Q2Q%6.17%
Revenue Next Year5.3%
Revenue Next 2Y5.37%
Revenue Next 3Y5.46%
Revenue Next 5Y5.31%
EBIT growth 1Y6%
EBIT growth 3Y11.5%
EBIT growth 5Y11.22%
EBIT Next Year10.95%
EBIT Next 3Y7.87%
EBIT Next 5Y8.7%
FCF growth 1Y0.46%
FCF growth 3Y8.22%
FCF growth 5Y7.59%
OCF growth 1Y3.7%
OCF growth 3Y10.5%
OCF growth 5Y7.5%
FACTSET RESEARCH SYSTEMS INC / FDS FAQ
What is the ChartMill fundamental rating of FACTSET RESEARCH SYSTEMS INC (FDS) stock?
ChartMill assigns a fundamental rating of 6 / 10 to FDS.
What is the valuation status of FACTSET RESEARCH SYSTEMS INC (FDS) stock?
ChartMill assigns a valuation rating of 4 / 10 to FACTSET RESEARCH SYSTEMS INC (FDS). This can be considered as Fairly Valued.
What is the profitability of FDS stock?
FACTSET RESEARCH SYSTEMS INC (FDS) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for FDS stock?
The Earnings per Share (EPS) of FACTSET RESEARCH SYSTEMS INC (FDS) is expected to grow by 3.3% in the next year.
How sustainable is the dividend of FACTSET RESEARCH SYSTEMS INC (FDS) stock?
The dividend rating of FACTSET RESEARCH SYSTEMS INC (FDS) is 6 / 10 and the dividend payout ratio is 26.79%.