FACTSET RESEARCH SYSTEMS INC (FDS) Stock Fundamental Analysis
NYSE:FDS - New York Stock Exchange, Inc. - US3030751057 - Common Stock - Currency: USD
FDS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 233 industry peers in the Capital Markets industry. FDS scores excellent on profitability, but 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
In the past year FDS was profitable.
FDS had a positive operating cash flow in the past year.
Each year in the past 5 years FDS has been profitable.
FDS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FDS has a Return On Assets of 12.28%. This is amongst the best in the industry. FDS outperforms 92.70% of its industry peers.
FDS has a better Return On Equity (24.73%) than 92.70% of its industry peers.
With an excellent Return On Invested Capital value of 14.95%, FDS belongs to the best of the industry, outperforming 89.70% of the companies in the same industry.
FDS had an Average Return On Invested Capital over the past 3 years of 14.84%. This is significantly above the industry average of 7.86%.
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
The Profit Margin of FDS (23.30%) is better than 64.38% 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.
FDS's Gross Margin of 53.33% is in line compared to the rest of the industry. FDS outperforms 58.80% of its industry peers.
In the last couple of years the Gross Margin of FDS has remained more or less at the same level.
| 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
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.
The debt/assets ratio for FDS has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of FDS is 2.48, which is a good value as it means it would take FDS, 2.48 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FDS (2.48) is better than 81.55% of its industry peers.
A Debt/Equity ratio of 0.66 indicates that FDS is somewhat dependend on debt financing.
FDS has a Debt to Equity ratio of 0.66. This is in the better half of the industry: FDS outperforms 64.38% 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.
With a Current ratio value of 1.47, FDS perfoms like the industry average, outperforming 59.66% of the companies in the same industry.
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 in line compared to the rest of the industry. FDS outperforms 59.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
FDS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.52%.
The Earnings Per Share has been growing by 10.47% on average over the past years. This is quite good.
Looking at the last year, FDS shows a small growth in Revenue. The Revenue has grown by 5.07% in the last year.
FDS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.95% yearly.
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
Based on estimates for the next years, FDS will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.16% on average per year.
FDS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.66% yearly.
EPS Next Y4.72%
EPS Next 2Y6.26%
EPS Next 3Y6.76%
EPS Next 5Y8.16%
Revenue Next Year5.83%
Revenue Next 2Y5.82%
Revenue Next 3Y5.71%
Revenue Next 5Y5.66%
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 decreasing.
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
With a Price/Earnings ratio of 26.41, FDS can be considered very expensive at the moment.
Based on the Price/Earnings ratio, FDS is valued a bit more expensive than the industry average as 65.67% of the companies are valued more cheaply.
FDS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.41.
FDS is valuated rather expensively with a Price/Forward Earnings ratio of 23.69.
Based on the Price/Forward Earnings ratio, FDS is valued a bit more expensive than 62.66% of the companies in the same industry.
FDS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 35.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.41 | ||
| Fwd PE | 23.69 |
4.2 Price Multiples
72.53% 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 | 28.86 | ||
| EV/EBITDA | 20.32 |
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)5.6
PEG (5Y)2.52
EPS Next 2Y6.26%
EPS Next 3Y6.76%
5. Dividend
5.1 Amount
FDS has a yearly dividend return of 0.98%, which is pretty low.
FDS's Dividend Yield is slightly below the industry average, which is at 7.77.
With a Dividend Yield of 0.98, FDS pays less dividend than the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.98% |
5.2 History
The dividend of FDS is nicely growing with an annual growth rate of 8.63%!
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 2Y6.26%
EPS Next 3Y6.76%
440.01
-6.2 (-1.39%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners95.35%
Inst Owner Change-0.02%
Ins Owners0.22%
Ins Owner Change0.25%
Market Cap16.64B
Analysts52.86
Price Target450.06 (2.28%)
Short Float %3.6%
Short Ratio3.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.98% |
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)-0.24%
PT rev (3m)-1.29%
EPS NQ rev (1m)0.27%
EPS NQ rev (3m)0.17%
EPS NY rev (1m)-0.13%
EPS NY rev (3m)-0.51%
Revenue NQ rev (1m)0.25%
Revenue NQ rev (3m)0.12%
Revenue NY rev (1m)0.3%
Revenue NY rev (3m)0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.41 | ||
| Fwd PE | 23.69 | ||
| P/S | 7.27 | ||
| P/FCF | 28.86 | ||
| P/OCF | 24.56 | ||
| P/B | 7.72 | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.32 |
EPS(TTM)16.66
EY3.79%
EPS(NY)18.58
Fwd EY4.22%
FCF(TTM)15.25
FCFY3.47%
OCF(TTM)17.91
OCFY4.07%
SpS60.49
BVpS57
TBVpS-27.87
PEG (NY)5.6
PEG (5Y)2.52
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 Y4.72%
EPS Next 2Y6.26%
EPS Next 3Y6.76%
EPS Next 5Y8.16%
Revenue 1Y (TTM)5.07%
Revenue growth 3Y11.45%
Revenue growth 5Y8.95%
Sales Q2Q%5.94%
Revenue Next Year5.83%
Revenue Next 2Y5.82%
Revenue Next 3Y5.71%
Revenue Next 5Y5.66%
EBIT growth 1Y-1.81%
EBIT growth 3Y14.2%
EBIT growth 5Y10.02%
EBIT Next Year13.16%
EBIT Next 3Y8.72%
EBIT Next 5Y7.5%
FCF growth 1Y2.11%
FCF growth 3Y7.56%
FCF growth 5Y10.82%
OCF growth 1Y5.62%
OCF growth 3Y8.05%
OCF growth 5Y10.39%