FACTSET RESEARCH SYSTEMS INC (FDS)
US3030751057 - Common Stock
FDS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 210 industry peers in the Capital Markets industry. FDS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. FDS is quite expensive at the moment. It does show a decent growth rate. This makes FDS very considerable 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.
In the past 5 years FDS always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 12.26%, FDS belongs to the top of the industry, outperforming 91.83% of the companies in the same industry.
FDS has a Return On Equity of 27.16%. This is amongst the best in the industry. FDS outperforms 93.75% of its industry peers.
FDS's Return On Invested Capital of 16.46% is amongst the best of the industry. FDS outperforms 91.83% of its industry peers.
FDS had an Average Return On Invested Capital over the past 3 years of 16.61%. This is significantly above the industry average of 8.34%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.26% | ||
| ROE | 27.16% | ||
| ROIC | 16.46% |
ROA(3y)13.22%
ROA(5y)16.03%
ROE(3y)32.68%
ROE(5y)38.42%
ROIC(3y)16.61%
ROIC(5y)19.64%
1.3 Margins
FDS's Profit Margin of 22.72% is in line compared to the rest of the industry. FDS outperforms 55.29% of its industry peers.
In the last couple of years the Profit Margin of FDS has grown nicely.
FDS has a Operating Margin of 31.81%. This is comparable to the rest of the industry: FDS outperforms 53.37% of its industry peers.
FDS's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 53.01%, FDS perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
In the last couple of years the Gross Margin of FDS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.81% | ||
| PM (TTM) | 22.72% | ||
| GM | 53.01% |
OM growth 3Y2.2%
OM growth 5Y2.98%
PM growth 3Y-3.47%
PM growth 5Y2.56%
GM growth 3Y-1.13%
GM growth 5Y5.27%
2. Health
2.1 Basic Checks
The number of shares outstanding for FDS remains at a similar level compared to 1 year ago.
The number of shares outstanding for FDS has been reduced compared to 5 years ago.
Compared to 1 year ago, FDS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.24 indicates that FDS is not in any danger for bankruptcy at the moment.
FDS's Altman-Z score of 6.24 is amongst the best of the industry. FDS outperforms 91.83% of its industry peers.
FDS has a debt to FCF ratio of 2.44. This is a good value and a sign of high solvency as FDS would need 2.44 years to pay back of all of its debts.
FDS's Debt to FCF ratio of 2.44 is fine compared to the rest of the industry. FDS outperforms 79.81% of its industry peers.
A Debt/Equity ratio of 0.83 indicates that FDS is somewhat dependend on debt financing.
FDS's Debt to Equity ratio of 0.83 is in line compared to the rest of the industry. FDS outperforms 56.73% of its industry peers.
Even though the debt/equity ratio score it not favorable for FDS, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 2.44 | ||
| Altman-Z | 6.24 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
FDS has a Current Ratio of 1.79. 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 1.79, FDS is doing good in the industry, outperforming 66.35% of the companies in the same industry.
FDS has a Quick Ratio of 1.79. This is a normal value and indicates that FDS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.79, FDS is in the better half of the industry, outperforming 66.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.79 |
3. Growth
3.1 Past
FDS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.59%.
The Earnings Per Share has been growing by 11.18% on average over the past years. This is quite good.
The Revenue has been growing slightly by 7.26% in the past year.
Measured over the past years, FDS shows a quite strong growth in Revenue. The Revenue has been growing by 9.09% on average per year.
EPS 1Y (TTM)2.59%
EPS 3Y10.11%
EPS 5Y11.18%
EPS growth Q2Q11.05%
Revenue 1Y (TTM)7.26%
Revenue growth 3Y11.76%
Revenue growth 5Y9.09%
Revenue growth Q2Q5.99%
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 9.67% yearly.
FDS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.27% yearly.
EPS Next Y11.28%
EPS Next 2Y10.57%
EPS Next 3Y10.41%
EPS Next 5Y9.67%
Revenue Next Year5.55%
Revenue Next 2Y5.92%
Revenue Next 3Y6.26%
Revenue Next 5Y6.27%
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
FDS is valuated quite expensively with a Price/Earnings ratio of 27.93.
Compared to the rest of the industry, the Price/Earnings ratio of FDS indicates a slightly more expensive valuation: FDS is more expensive than 73.08% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.25. FDS is around the same levels.
The Price/Forward Earnings ratio is 23.71, which indicates a rather expensive current valuation of FDS.
69.23% of the companies in the same industry are cheaper than FDS, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.67. FDS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.93 | ||
| Fwd PE | 23.71 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FDS is valued a bit cheaper than the industry average as 62.98% of the companies are valued more expensively.
FDS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.31 | ||
| EV/EBITDA | 21.44 |
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)2.48
PEG (5Y)2.5
EPS Next 2Y10.57%
EPS Next 3Y10.41%
5. Dividend
5.1 Amount
With a yearly dividend of 0.91%, FDS is not a good candidate for dividend investing.
FDS's Dividend Yield is slightly below the industry average, which is at 7.77.
With a Dividend Yield of 0.91, FDS pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.91% |
5.2 History
On average, the dividend of FDS grows each year by 9.49%, 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)9.49%
Div Incr Years18
Div Non Decr Years18
5.3 Sustainability
29.69% of the earnings are spent on dividend by FDS. This is a low number and sustainable payout ratio.
The dividend of FDS is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP29.69%
EPS Next 2Y10.57%
EPS Next 3Y10.41%
FACTSET RESEARCH SYSTEMS INC
NYSE:FDS (4/25/2024, 10:17:29 AM)
420.6
-2.23 (-0.53%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap16.03B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.91% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.93 | ||
| Fwd PE | 23.71 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.48
PEG (5Y)2.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.26% | ||
| ROE | 27.16% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 31.81% | ||
| PM (TTM) | 22.72% | ||
| GM | 53.01% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.79 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)2.59%
EPS 3Y10.11%
EPS 5Y
EPS growth Q2Q
EPS Next Y11.28%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)7.26%
Revenue growth 3Y11.76%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y