FACTSET RESEARCH SYSTEMS INC (FDS) Stock Fundamental Analysis
USA - NYSE:FDS - US3030751057 - Common Stock
361.84 USD
-8.66 (-2.34%)
361.84 USD
0 (0%)
Taking everything into account, FDS scores 5 out of 10 in our fundamental rating. FDS was compared to 238 industry peers in the Capital Markets industry. While FDS has a great profitability rating, there are some minor concerns on its financial health. While showing a medium growth rate, FDS is valued expensive at the moment.
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.
In the past 5 years FDS has always been profitable.
FDS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of FDS (12.28%) is better than 93.28% of its industry peers.
FDS has a Return On Equity of 24.73%. This is amongst the best in the industry. FDS outperforms 91.60% of its industry peers.
The Return On Invested Capital of FDS (14.95%) is better than 91.60% 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 7.61%.
The last Return On Invested Capital (14.95%) for FDS is above the 3 year average (14.84%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.28% | ||
| ROE | 24.73% | ||
| ROIC | 14.95% |
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
FDS has a better Profit Margin (23.30%) than 60.92% of its industry peers.
In the last couple of years the Profit Margin of FDS has remained more or less at the same level.
FDS has a Operating Margin (30.71%) which is in line with its industry peers.
In the last couple of years the Operating Margin of FDS has remained more or less at the same level.
Looking at the Gross Margin, with a value of 53.33%, FDS is in the better half of the industry, outperforming 61.76% 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 | 30.71% | ||
| PM (TTM) | 23.3% | ||
| GM | 53.33% |
OM growth 3Y2.47%
OM growth 5Y0.98%
PM growth 3Y-0.98%
PM growth 5Y-0.16%
GM growth 3Y2.24%
GM growth 5Y0.11%
2. Health
2.1 Basic Checks
The number of shares outstanding for FDS remains at a similar level compared to 1 year ago.
FDS has less shares outstanding than it did 5 years ago.
FDS has a better debt/assets ratio than last year.
2.2 Solvency
FDS has a debt to FCF ratio of 2.48. This is a good value and a sign of high solvency as FDS would need 2.48 years to pay back of all of its debts.
FDS's Debt to FCF ratio of 2.48 is amongst the best of the industry. FDS outperforms 84.45% of its industry peers.
FDS has a Debt/Equity ratio of 0.66. This is a neutral value indicating FDS is somewhat dependend on debt financing.
FDS has a better Debt to Equity ratio (0.66) than 62.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 2.48 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.47 indicates that FDS should not have too much problems paying its short term obligations.
The Current ratio of FDS (1.47) is better than 63.45% of its industry peers.
FDS has a Quick Ratio of 1.47. 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 1.47 is fine compared to the rest of the industry. FDS outperforms 63.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.52% over the past year.
Measured over the past years, FDS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.47% on average per year.
Looking at the last year, FDS shows a small growth in Revenue. The Revenue has grown by 5.07% in the last year.
Measured over the past years, FDS shows a quite strong growth in Revenue. The Revenue has been growing by 8.95% on average per year.
EPS 1Y (TTM)6.52%
EPS 3Y14.53%
EPS 5Y10.47%
EPS Q2Q%-2.29%
Revenue 1Y (TTM)5.07%
Revenue growth 3Y11.45%
Revenue growth 5Y8.95%
Sales Q2Q%5.94%
3.2 Future
The Earnings Per Share is expected to grow by 8.13% on average over the next years. This is quite good.
Based on estimates for the next years, FDS will show a small growth in Revenue. The Revenue will grow by 5.52% on average per year.
EPS Next Y4.71%
EPS Next 2Y6.01%
EPS Next 3Y6.53%
EPS Next 5Y8.13%
Revenue Next Year5.83%
Revenue Next 2Y5.78%
Revenue Next 3Y5.64%
Revenue Next 5Y5.52%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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 21.72 indicates a rather expensive valuation of FDS.
The rest of the industry has a similar Price/Earnings ratio as FDS.
Compared to an average S&P500 Price/Earnings ratio of 27.30, FDS is valued a bit cheaper.
FDS is valuated rather expensively with a Price/Forward Earnings ratio of 19.57.
FDS's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.73. FDS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.72 | ||
| Fwd PE | 19.57 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FDS indicates a somewhat cheap valuation: FDS is cheaper than 79.83% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FDS is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.73 | ||
| EV/EBITDA | 16.71 |
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.
FDS has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.62
PEG (5Y)2.07
EPS Next 2Y6.01%
EPS Next 3Y6.53%
5. Dividend
5.1 Amount
FDS has a Yearly Dividend Yield of 1.19%.
Compared to an average industry Dividend Yield of 7.96, FDS is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.41, FDS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
5.2 History
On average, the dividend of FDS grows each year by 8.63%, 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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.63%
Div Incr Years25
Div Non Decr Years25
5.3 Sustainability
FDS pays out 29.59% of its income as dividend. This is a sustainable payout ratio.
FDS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP29.59%
EPS Next 2Y6.01%
EPS Next 3Y6.53%
361.84
-8.66 (-2.34%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners95.68%
Inst Owner Change-0.65%
Ins Owners0.22%
Ins Owner Change0.1%
Market Cap13.68B
Analysts52.86
Price Target434.02 (19.95%)
Short Float %5.57%
Short Ratio5.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
Yearly Dividend3.97
Dividend Growth(5Y)8.63%
DP29.59%
Div Incr Years25
Div Non Decr Years25
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.14%
Min EPS beat(2)-1.55%
Max EPS beat(2)1.83%
EPS beat(4)3
Avg EPS beat(4)1%
Min EPS beat(4)-1.55%
Max EPS beat(4)2.27%
EPS beat(8)5
Avg EPS beat(8)0.55%
EPS beat(12)8
Avg EPS beat(12)1.39%
EPS beat(16)11
Avg EPS beat(16)2.74%
Revenue beat(2)0
Avg Revenue beat(2)-0.56%
Min Revenue beat(2)-0.98%
Max Revenue beat(2)-0.13%
Revenue beat(4)1
Avg Revenue beat(4)0.08%
Min Revenue beat(4)-0.98%
Max Revenue beat(4)1.79%
Revenue beat(8)1
Avg Revenue beat(8)-0.42%
Revenue beat(12)2
Avg Revenue beat(12)-0.46%
Revenue beat(16)6
Avg Revenue beat(16)-0.18%
PT rev (1m)-4.45%
PT rev (3m)-3.8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.27%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)-0.14%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)0.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.72 | ||
| Fwd PE | 19.57 | ||
| P/S | 5.98 | ||
| P/FCF | 23.73 | ||
| P/OCF | 20.2 | ||
| P/B | 6.35 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.71 |
EPS(TTM)16.66
EY4.6%
EPS(NY)18.49
Fwd EY5.11%
FCF(TTM)15.25
FCFY4.21%
OCF(TTM)17.91
OCFY4.95%
SpS60.49
BVpS57
TBVpS-27.87
PEG (NY)4.62
PEG (5Y)2.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.28% | ||
| ROE | 24.73% | ||
| ROCE | 18.39% | ||
| ROIC | 14.95% | ||
| ROICexc | 16.53% | ||
| ROICexgc | 231.49% | ||
| OM | 30.71% | ||
| PM (TTM) | 23.3% | ||
| GM | 53.33% | ||
| FCFM | 25.21% |
ROA(3y)11.65%
ROA(5y)14.16%
ROE(3y)28.93%
ROE(5y)33.54%
ROIC(3y)14.84%
ROIC(5y)16.9%
ROICexc(3y)17.3%
ROICexc(5y)22.8%
ROICexgc(3y)672.42%
ROICexgc(5y)448.23%
ROCE(3y)18.25%
ROCE(5y)20.78%
ROICexcg growth 3Y123.88%
ROICexcg growth 5Y43.1%
ROICexc growth 3Y-15.06%
ROICexc growth 5Y-11.86%
OM growth 3Y2.47%
OM growth 5Y0.98%
PM growth 3Y-0.98%
PM growth 5Y-0.16%
GM growth 3Y2.24%
GM growth 5Y0.11%
F-Score6
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 2.48 | ||
| Debt/EBITDA | 1.62 | ||
| Cap/Depr | 56.09% | ||
| Cap/Sales | 4.41% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.78% | ||
| Profit Quality | 108.18% | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | N/A |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)46.21%
Cap/Depr(5y)54.56%
Cap/Sales(3y)3.19%
Cap/Sales(5y)3.73%
Profit Quality(3y)120.69%
Profit Quality(5y)120.1%
High Growth Momentum
Growth
EPS 1Y (TTM)6.52%
EPS 3Y14.53%
EPS 5Y10.47%
EPS Q2Q%-2.29%
EPS Next Y4.71%
EPS Next 2Y6.01%
EPS Next 3Y6.53%
EPS Next 5Y8.13%
Revenue 1Y (TTM)5.07%
Revenue growth 3Y11.45%
Revenue growth 5Y8.95%
Sales Q2Q%5.94%
Revenue Next Year5.83%
Revenue Next 2Y5.78%
Revenue Next 3Y5.64%
Revenue Next 5Y5.52%
EBIT growth 1Y-1.81%
EBIT growth 3Y14.2%
EBIT growth 5Y10.02%
EBIT Next Year14.24%
EBIT Next 3Y8.89%
EBIT Next 5Y7.44%
FCF growth 1Y2.11%
FCF growth 3Y7.56%
FCF growth 5Y10.82%
OCF growth 1Y5.62%
OCF growth 3Y8.05%
OCF growth 5Y10.39%