FactSet Research Systems Inc.

DB:FA1 Stock Report

Market Cap: €16.6b

FactSet Research Systems Valuation

Is FA1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FA1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€413.91
Fair Value
5.5% overvalued intrinsic discount
17
Number of Analysts

Below Fair Value: FA1 (€436.5) is trading above our estimate of fair value (€413.91)

Significantly Below Fair Value: FA1 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FA1?

Key metric: As FA1 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FA1. This is calculated by dividing FA1's market cap by their current earnings.
What is FA1's PE Ratio?
PE Ratio32.1x
EarningsUS$538.59m
Market CapUS$17.28b

Price to Earnings Ratio vs Peers

How does FA1's PE Ratio compare to its peers?

The above table shows the PE ratio for FA1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.3x
DB1 Deutsche Börse
24.3x5.4%€45.0b
DBK Deutsche Bank
13.4x22.0%€37.4b
DWS DWS Group GmbH KGaA
14.9x11.5%€9.8b
FTK flatexDEGIRO
16.4x9.0%€1.9b
FA1 FactSet Research Systems
32.1x8.8%€17.3b

Price-To-Earnings vs Peers: FA1 is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the peer average (17.3x).

Price to Earnings Ratio vs Industry

How does FA1's PE Ratio compare vs other companies in the DE Capital Markets Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SPT6 Sparta
2.9xn/aUS$210.54m
HXCK Ernst Russ
3.8x-19.3%US$209.84m
XE8 Black Sea Property
0.7xn/aUS$7.67m
No more companies available in this PE range
FA1 32.1xIndustry Avg. 18.9xNo. of Companies7PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FA1 is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the German Capital Markets industry average (18.9x).

Price to Earnings Ratio vs Fair Ratio

What is FA1's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FA1 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.1x
Fair PE Ratio17.2x

Price-To-Earnings vs Fair Ratio: FA1 is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the estimated Fair Price-To-Earnings Ratio (17.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FA1 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€436.50
€454.89
+4.2%
10.1%€520.08€378.42n/a17
Feb ’26€454.10
€450.23
-0.9%
10.1%€514.56€374.40n/a17
Jan ’26€464.30
€452.34
-2.6%
9.8%€514.08€374.05n/a17
Dec ’25€462.00
€438.40
-5.1%
10.2%€498.70€354.31n/a17
Nov ’25€416.90
€419.98
+0.7%
9.4%€464.17€344.20n/a17
Oct ’25€410.40
€413.01
+0.6%
8.8%€454.41€336.97n/a17
Sep ’25€374.70
€387.43
+3.4%
8.7%€449.40€319.07n/a17
Aug ’25€381.30
€398.64
+4.5%
8.6%€460.80€327.17n/a16
Jul ’25€380.90
€407.18
+6.9%
8.6%€465.70€330.65n/a16
Jun ’25€373.10
€409.83
+9.8%
8.0%€460.90€342.91n/a16
May ’25€393.40
€425.10
+8.1%
8.0%€469.35€349.20n/a17
Apr ’25€412.20
€424.28
+2.9%
8.0%€465.50€346.33n/a16
Mar ’25€425.60
€422.43
-0.7%
9.1%€466.90€347.37n/a16
Feb ’25€438.00
€414.82
-5.3%
9.0%€461.30€343.21€454.1016
Jan ’25€430.40
€413.49
-3.9%
8.7%€457.20€340.16€464.3016
Dec ’24€413.20
€400.94
-3.0%
9.6%€455.15€320.43€462.0016
Nov ’24€408.20
€411.03
+0.7%
9.7%€470.95€331.55€416.9016
Oct ’24€420.00
€411.08
-2.1%
9.5%€469.65€330.63€410.4016
Sep ’24€400.40
€402.97
+0.6%
10.1%€462.85€307.33€374.7017
Aug ’24€393.00
€401.87
+2.3%
10.5%€459.35€305.01€381.3017
Jul ’24€361.60
€398.27
+10.1%
10.5%€456.10€302.85€380.9017
Jun ’24€358.80
€400.70
+11.7%
12.0%€480.84€309.77€373.1016
May ’24€369.80
€394.76
+6.8%
12.9%€473.98€305.35€393.4014
Apr ’24€374.20
€400.63
+7.1%
12.9%€479.39€308.84€412.2014
Mar ’24€388.70
€396.76
+2.1%
13.6%€479.28€308.77€425.6013
Feb ’24€385.40
€396.76
+2.9%
13.6%€479.28€308.77€438.0013
Analyst Price Target
Consensus Narrative from 17 Analysts
€450.53
Fair Value
3.1% undervalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/12 01:47
End of Day Share Price 2025/02/12 00:00
Earnings2024/11/30
Annual Earnings2024/08/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

FactSet Research Systems Inc. is covered by 42 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Ishan MajumdarBaptista Research
Manav PatnaikBarclays