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%)
FDS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 238 industry peers in the Capital Markets industry. While FDS belongs to the best of the industry regarding profitability, 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.
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
With an excellent Return On Assets value of 12.28%, FDS belongs to the best of the industry, outperforming 93.28% of the companies in the same industry.
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.
FDS's Return On Invested Capital of 14.95% is amongst the best of the industry. FDS outperforms 91.60% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FDS is significantly above the industry average of 7.61%.
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 61.76% of its industry peers.
In the last couple of years the Profit Margin of FDS has remained more or less at the same level.
The Operating Margin of FDS (30.71%) is comparable to the rest of the industry.
FDS's Operating Margin has been stable in the last couple of years.
FDS has a better Gross Margin (53.33%) than 61.76% 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
FDS has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for FDS has been reduced compared to 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 has a better Debt to FCF ratio (2.48) than 84.45% of its industry peers.
A Debt/Equity ratio of 0.66 indicates that FDS is somewhat dependend on debt financing.
The Debt to Equity ratio of FDS (0.66) is better 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
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's Current ratio of 1.47 is fine compared to the rest of the industry. FDS outperforms 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.
Looking at the Quick ratio, with a value of 1.47, FDS is in the better half of the industry, outperforming 63.87% 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 been growing slightly by 6.52% over the past year.
The Earnings Per Share has been growing by 10.47% on average over the past years. This is quite good.
The Revenue has been growing slightly by 5.07% in the past 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
Based on estimates for the next years, FDS will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.13% on average per year.
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 2Y5.82%
Revenue Next 3Y5.71%
Revenue Next 5Y5.52%
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 21.72, the valuation of FDS can be described as rather expensive.
FDS's Price/Earnings ratio is in line with the industry average.
FDS is valuated rather cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 19.57, the valuation of FDS can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FDS is on the same level as its industry peers.
FDS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.72 | ||
| Fwd PE | 19.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FDS is valued a bit cheaper than 78.15% of the companies in the same industry.
FDS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.73 | ||
| EV/EBITDA | 17.08 |
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%. Purely for dividend investing, there may be better candidates out there.
FDS's Dividend Yield is slightly below the industry average, which is at 8.21.
With a Dividend Yield of 1.19, FDS pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
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 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
29.59% 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.
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 Target444.79 (22.92%)
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)-2.08%
PT rev (3m)-1.41%
EPS NQ rev (1m)-0.04%
EPS NQ rev (3m)0.13%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)-0.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.12%
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 | 17.08 |
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 2Y5.82%
Revenue Next 3Y5.71%
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%