FACTSET RESEARCH SYSTEMS INC (FDS) Stock Fundamental Analysis
NYSE:FDS - New York Stock Exchange, Inc. - US3030751057 - Common Stock - Currency: USD
Overall FDS gets a fundamental rating of 6 out of 10. We evaluated FDS against 230 industry peers in the Capital Markets industry. FDS gets an excellent profitability rating and is at the same time showing great financial health properties. FDS is quite expensive at the moment. It does show a decent growth rate. With these ratings, FDS could be worth investigating further for quality investing!.
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.
In the past 5 years FDS always reported a positive cash flow from operatings.
1.2 Ratios
FDS's Return On Assets of 12.79% is amongst the best of the industry. FDS outperforms 94.35% of its industry peers.
The Return On Equity of FDS (26.38%) is better than 93.04% of its industry peers.
Looking at the Return On Invested Capital, with a value of 15.38%, FDS belongs to the top of the industry, outperforming 92.17% 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 7.09%.
The 3 year average ROIC (14.84%) for FDS is below the current ROIC(15.38%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.79% | ||
| ROE | 26.38% | ||
| ROIC | 15.38% |
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
Looking at the Profit Margin, with a value of 24.07%, FDS is in the better half of the industry, outperforming 63.04% of the companies in the same industry.
FDS's Profit Margin has been stable in the last couple of years.
The Operating Margin of FDS (31.54%) is comparable to the rest of the industry.
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 54.15%, FDS is in the better half of the industry, outperforming 63.04% of the companies in the same industry.
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 | 31.54% | ||
| PM (TTM) | 24.07% | ||
| GM | 54.15% |
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
The number of shares outstanding for FDS remains at a similar level 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 6.35 indicates that FDS is not in any danger for bankruptcy at the moment.
The Altman-Z score of FDS (6.35) is better than 90.43% of its industry peers.
FDS has a debt to FCF ratio of 2.61. This is a good value and a sign of high solvency as FDS would need 2.61 years to pay back of all of its debts.
The Debt to FCF ratio of FDS (2.61) is better than 81.74% of its industry peers.
FDS has a Debt/Equity ratio of 0.72. This is a neutral value indicating FDS is somewhat dependend on debt financing.
The Debt to Equity ratio of FDS (0.72) is better than 65.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 2.61 | ||
| Altman-Z | 6.35 |
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.
Looking at the Current ratio, with a value of 1.47, FDS is in the better half of the industry, outperforming 64.35% of the companies in the same industry.
A Quick Ratio of 1.47 indicates that FDS should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.47, FDS is in the better half of the industry, outperforming 64.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.29% over the past year.
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 4.66% 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)11.29%
EPS 3Y14.53%
EPS 5Y10.47%
EPS Q2Q%1.42%
Revenue 1Y (TTM)4.66%
Revenue growth 3Y11.45%
Revenue growth 5Y8.95%
Sales Q2Q%4.53%
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 8.28% yearly.
FDS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.66% yearly.
EPS Next Y4.78%
EPS Next 2Y6.12%
EPS Next 3Y6.82%
EPS Next 5Y8.28%
Revenue Next Year5.61%
Revenue Next 2Y5.74%
Revenue Next 3Y5.68%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 25.65, FDS can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of FDS indicates a slightly more expensive valuation: FDS is more expensive than 65.22% of the companies listed in the same industry.
FDS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.85.
With a Price/Forward Earnings ratio of 23.21, FDS is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FDS indicates a slightly more expensive valuation: FDS is more expensive than 63.48% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of FDS to the average of the S&P500 Index (20.77), we can say FDS is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.65 | ||
| Fwd PE | 23.21 |
4.2 Price Multiples
73.91% of the companies in the same industry are more expensive than FDS, based on the Enterprise Value to EBITDA ratio.
FDS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.88 | ||
| EV/EBITDA | 19.59 |
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)5.37
PEG (5Y)2.45
EPS Next 2Y6.12%
EPS Next 3Y6.82%
5. Dividend
5.1 Amount
FDS has a yearly dividend return of 0.97%, which is pretty low.
Compared to an average industry Dividend Yield of 8.31, FDS is paying slightly less dividend.
With a Dividend Yield of 0.97, FDS pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.97% |
5.2 History
On average, the dividend of FDS grows each year by 8.63%, which is quite nice.
FDS has paid a dividend for at least 10 years, which is 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)8.63%
Div Incr Years25
Div Non Decr Years25
5.3 Sustainability
FDS pays out 28.63% 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.
DP28.63%
EPS Next 2Y6.12%
EPS Next 3Y6.82%
429.89
-2.33 (-0.54%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners96.16%
Inst Owner Change1.65%
Ins Owners0.22%
Ins Owner Change0.6%
Market Cap16.31B
Analysts52.14
Price Target455.79 (6.02%)
Short Float %3.79%
Short Ratio4.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.97% |
Yearly Dividend3.97
Dividend Growth(5Y)8.63%
DP28.63%
Div Incr Years25
Div Non Decr Years25
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.64%
Min EPS beat(2)1.45%
Max EPS beat(2)1.83%
EPS beat(4)4
Avg EPS beat(4)4.1%
Min EPS beat(4)1.45%
Max EPS beat(4)10.85%
EPS beat(8)6
Avg EPS beat(8)1.25%
EPS beat(12)9
Avg EPS beat(12)2.79%
EPS beat(16)11
Avg EPS beat(16)2.72%
Revenue beat(2)0
Avg Revenue beat(2)-0.68%
Min Revenue beat(2)-0.98%
Max Revenue beat(2)-0.37%
Revenue beat(4)1
Avg Revenue beat(4)-0.14%
Min Revenue beat(4)-0.99%
Max Revenue beat(4)1.79%
Revenue beat(8)1
Avg Revenue beat(8)-0.47%
Revenue beat(12)3
Avg Revenue beat(12)-0.33%
Revenue beat(16)6
Avg Revenue beat(16)-0.21%
PT rev (1m)-3.23%
PT rev (3m)-6.51%
EPS NQ rev (1m)-0.04%
EPS NQ rev (3m)-2.85%
EPS NY rev (1m)-0.45%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.65%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.65 | ||
| Fwd PE | 23.21 | ||
| P/S | 7.24 | ||
| P/FCF | 28.88 | ||
| P/OCF | 24.65 | ||
| P/B | 7.93 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.59 |
EPS(TTM)16.76
EY3.9%
EPS(NY)18.53
Fwd EY4.31%
FCF(TTM)14.88
FCFY3.46%
OCF(TTM)17.44
OCFY4.06%
SpS59.4
BVpS54.2
TBVpS-29.61
PEG (NY)5.37
PEG (5Y)2.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.79% | ||
| ROE | 26.38% | ||
| ROCE | 18.91% | ||
| ROIC | 15.38% | ||
| ROICexc | 16.65% | ||
| ROICexgc | 198.1% | ||
| OM | 31.54% | ||
| PM (TTM) | 24.07% | ||
| GM | 54.15% | ||
| FCFM | 25.06% |
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 3Y-6.57%
GM growth 5Y0.11%
F-Score7
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 2.61 | ||
| Debt/EBITDA | 1.64 | ||
| Cap/Depr | 52.03% | ||
| Cap/Sales | 4.3% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.76% | ||
| Profit Quality | 104.11% | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 6.35 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)57.25%
Cap/Depr(5y)80.33%
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)11.29%
EPS 3Y14.53%
EPS 5Y10.47%
EPS Q2Q%1.42%
EPS Next Y4.78%
EPS Next 2Y6.12%
EPS Next 3Y6.82%
EPS Next 5Y8.28%
Revenue 1Y (TTM)4.66%
Revenue growth 3Y11.45%
Revenue growth 5Y8.95%
Sales Q2Q%4.53%
Revenue Next Year5.61%
Revenue Next 2Y5.74%
Revenue Next 3Y5.68%
Revenue Next 5Y5.66%
EBIT growth 1Y3.76%
EBIT growth 3Y14.2%
EBIT growth 5Y10.02%
EBIT Next Year13.42%
EBIT Next 3Y8.89%
EBIT Next 5Y7.48%
FCF growth 1Y2.95%
FCF growth 3Y7.56%
FCF growth 5Y10.82%
OCF growth 1Y7.66%
OCF growth 3Y8.05%
OCF growth 5Y10.39%