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.
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
The Return On Assets of FDS (12.79%) is better than 94.35% of its industry peers.
FDS's Return On Equity of 26.38% is amongst the best of the industry. FDS outperforms 93.04% of its industry peers.
The Return On Invested Capital of FDS (15.38%) is better than 91.74% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FDS is significantly above the industry average of 7.27%.
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
With a decent Profit Margin value of 24.07%, FDS is doing good in the industry, outperforming 65.22% of the companies in the same industry.
FDS's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 31.54%, FDS is in line with its industry, outperforming 55.65% of the companies in the same industry.
FDS's Operating Margin has been stable in the last couple of years.
FDS has a Gross Margin of 54.15%. This is in the better half of the industry: FDS outperforms 62.61% 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 | 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
Compared to 1 year ago, FDS has about the same amount of shares outstanding.
FDS has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, FDS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.68 indicates that FDS is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.68, FDS belongs to the top of the industry, outperforming 89.57% of the companies in the same industry.
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.
FDS has a better Debt to FCF ratio (2.61) than 80.87% 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.
With a decent Debt to Equity ratio value of 0.72, FDS is doing good in the industry, outperforming 65.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 2.61 | ||
| Altman-Z | 6.68 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
FDS has a Current 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 has a Current ratio of 1.47. This is in the better half of the industry: FDS outperforms 64.35% 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 has a better Quick ratio (1.47) than 64.35% 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 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.
FDS shows a small growth in Revenue. In the last year, the Revenue has grown by 4.66%.
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
Based on estimates for the next years, FDS will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.28% 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 Y4.85%
EPS Next 2Y6.17%
EPS Next 3Y6.85%
EPS Next 5Y8.28%
Revenue Next Year5.56%
Revenue Next 2Y5.71%
Revenue Next 3Y5.64%
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
Based on the Price/Earnings ratio of 27.61, the valuation of FDS can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of FDS indicates a slightly more expensive valuation: FDS is more expensive than 68.26% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.91, FDS is valued at the same level.
Based on the Price/Forward Earnings ratio of 24.96, the valuation of FDS can be described as rather expensive.
Based on the Price/Forward Earnings ratio, FDS is valued a bit more expensive than the industry average as 64.35% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 21.85. FDS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.61 | ||
| Fwd PE | 24.96 |
4.2 Price Multiples
FDS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FDS is cheaper than 72.17% of the companies 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 | 31.1 | ||
| EV/EBITDA | 20.94 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
FDS has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)5.69
PEG (5Y)2.64
EPS Next 2Y6.17%
EPS Next 3Y6.85%
5. Dividend
5.1 Amount
FDS has a yearly dividend return of 0.94%, which is pretty low.
FDS's Dividend Yield is slightly below the industry average, which is at 8.11.
Compared to an average S&P500 Dividend Yield of 2.36, FDS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
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
28.63% of the earnings are spent on dividend by FDS. This is a low number and sustainable payout ratio.
FDS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP28.63%
EPS Next 2Y6.17%
EPS Next 3Y6.85%
462.8
-1.19 (-0.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners96.16%
Inst Owner Change-0.1%
Ins Owners0.22%
Ins Owner Change0.48%
Market Cap17.56B
Analysts52.14
Price Target455.16 (-1.65%)
Short Float %3.62%
Short Ratio4.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
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)-0.17%
PT rev (3m)-5.84%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.79%
EPS NY rev (1m)0.07%
EPS NY rev (3m)-0.73%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)0.55%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)0.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.61 | ||
| Fwd PE | 24.96 | ||
| P/S | 7.79 | ||
| P/FCF | 31.1 | ||
| P/OCF | 26.54 | ||
| P/B | 8.54 | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.94 |
EPS(TTM)16.76
EY3.62%
EPS(NY)18.54
Fwd EY4.01%
FCF(TTM)14.88
FCFY3.22%
OCF(TTM)17.44
OCFY3.77%
SpS59.4
BVpS54.2
TBVpS-29.61
PEG (NY)5.69
PEG (5Y)2.64
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 | 6.68 |
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 Y4.85%
EPS Next 2Y6.17%
EPS Next 3Y6.85%
EPS Next 5Y8.28%
Revenue 1Y (TTM)4.66%
Revenue growth 3Y11.45%
Revenue growth 5Y8.95%
Sales Q2Q%4.53%
Revenue Next Year5.56%
Revenue Next 2Y5.71%
Revenue Next 3Y5.64%
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%