FactSet Research Systems Valuation

Q: How does FDS's PE Ratio compare to its peers?

Insufficient data to answer this question

Q: How does FDS's PE Ratio compare vs other companies in the US Capital Markets Industry?

Insufficient data to answer this question

Q: What is FDS'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.

Insufficient data to answer this question

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

Insufficient data to answer this question

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

Insufficient data to answer this question

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

Valuation Score

0/6

Valuation Score 0/6

Share Price vs Fair Value

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

Discounted Cash Flow

Simply Wall St

US$432.86

Fair Value

7.7% overvalued

Number of Analysts

Key Valuation Metric

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

Key metric:

The above table shows the Price to Earnings ratio for FDS. This is calculated by dividing FDS's market cap by their current earnings.
What is FDS's PE Ratio?
PE Ratio	32.9x
Earnings	US$538.59m
Market Cap	US$17.61b

FDS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	8.4x
Enterprise Value/EBITDA	22.2x
PEG Ratio	3.8x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for FDS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	40.2x
MORN Morningstar	43.5x	9.8%	US$14.0b
CBOE Cboe Global Markets	26.6x	6.6%	US$20.4b
TW Tradeweb Markets	60.8x	18.0%	US$30.5b
MKTX MarketAxess Holdings	30x	10.2%	US$8.3b
FDS FactSet Research Systems	32.9x	8.7%	US$17.6b

Price to Earnings Ratio vs Industry

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

22 Companies	Price / Earnings	Estimated Growth	Market Cap
ADX Adams Diversified Equity Fund	3.8x	n/a	US$2.34b
CET Central Securities	4.6x	n/a	US$1.33b
GAM General American Investors Company	4.4x	n/a	US$1.23b
FRMO FRMO	2.2x	n/a	US$462.68m

22 Companies		Estimated Growth	Market Cap

No more companies

Price to Earnings Ratio vs Fair Ratio

What is FDS'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.

FDS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	32.9x
Fair PE Ratio	17.1x

Analyst Price Targets

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

Analyst Price Target

Consensus Narrative from 17 Analysts

US$468.99

Fair Value

0.6% undervalued

Number of Analysts

Discover undervalued companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/21 00:55
End of Day Share Price	2025/01/21 00:00
Earnings	2024/11/30
Annual Earnings	2024/08/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

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.

Analyst	Institution
null null	Argus Research Company
Ishan Majumdar	Baptista Research
Manav Patnaik	Barclays