Factset Research Systems Inc (FDS)

Services-Computer Programming, Data Processing, Etc.

Latest Price

$329.57

TTM P/E

21.71

Normalized P/E

24.89

TTM Div Yield

1.02%

Fwd Div Yield

1.02%

Book Value

57.14

P/B Ratio

5.77

Valuation metrics

EPS: $14.57

Book value / share: $56.78

Formula: √(22.5 × EPS × BVPS)

Graham Number

$136.43

59% downside

Norm. op. income: $629M (median of 7yr)

Tax rate: 17%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$116.46

65% downside

Base FCF: $615M (median of recent 5yr)

Growth: 10%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$394.55

+20% upside

EPS: $14.57

Target P/E: 25×

Formula: EPS × P/E

P/E Fair Value

$364.25

+11% upside

100.0% held by institutions

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