FDS Stock Intrinsic Value – FACTSET RESEARCH SYSTEMS Reports Fourth Quarter FY2023 Earnings Results
September 22, 2023
🌥️Earnings Overview
On September 21 2023, FACTSET RESEARCH SYSTEMS ($NYSE:FDS) reported their fourth quarter earnings results for the fiscal year ending August 31 2023. Their total revenue was USD 535.8 million, a 7.3% increase compared to the same period in the previous year. Unfortunately, their net income decreased by 37.7%, totaling USD 65.1 million.
Stock Price
The stock opened at $421.9 and closed at $426.8, representing a 0.7% increase from its previous closing price of 423.8. The company’s stock reflected these results, as it closed higher on Thursday compared to the previous day’s close. Shareholders, as well as potential investors, should be encouraged by the company’s strong performance and outlook for the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for FDS. More…
| Total Revenues | Net Income | Net Margin |
| 2.09k | 468.13 | 23.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for FDS. More…
| Operations | Investing | Financing |
| 645.57 | -95.39 | -632.02 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for FDS. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.95k | 2.33k | 43.75 |
Key Ratios Snapshot
Some of the financial key ratios for FDS are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.8% | 14.3% | 31.2% |
| FCF Margin | ROE | ROA |
| 28.0% | 24.4% | 10.3% |
Analysis – FDS Stock Intrinsic Value
At GoodWhale, we recently performed an analysis of FACTSET RESEARCH SYSTEMS’ wellbeing. Our proprietary Valuation Line gave us the fair value of FACTSET RESEARCH SYSTEMS share at around $450.3. Despite this estimation, the stock is currently traded at $426.8, which means that it is undervalued by 5.2%. This could present an interesting investment opportunity for those looking to get a good deal on this stock. More…
Peers
Its main competitors are London Stock Exchange Group PLC, QuoteMedia Inc, and Euromoney Institutional Investor PLC. All three companies are major players in the financial data and analytics industry, with FactSet holding a slight edge in terms of market share.
– London Stock Exchange Group PLC ($LSE:LSEG)
London Stock Exchange Group PLC has a market cap of 40.89B as of 2022, a Return on Equity of 3.86%. The company operates a number of stock exchanges in the United Kingdom, including the London Stock Exchange, which is the largest stock exchange in Europe. In addition to stock exchanges, the company also provides trading, clearing, and settlement services for a variety of financial instruments.
– QuoteMedia Inc ($OTCPK:QMCI)
QuoteMedia, Inc. provides digital financial content and technology solutions for the financial services industry in North America and internationally. It operates in two segments, Content and Enterprise. The Content segment offers real-time stock market quotes, news, charts, and research data through its Quotestream product suite to retail and institutional investors, media, and individual investors; and web-based solutions and data products, including Stockhouse.com, an online investment community for Canadian investors. This segment also provides premium subscription-based data products, such as Portfolio123 and MarketQA, as well as content licensing services. The Enterprise segment offers data products and services to broker-dealers, investment advisors, and other financial institutions. This segment provides technology solutions to power trading platforms, client portals, and other Web-based applications; and data integration solutions that enable the distribution of real-time content on desktop applications, mobile devices, and third-party Web sites. The company was founded in 1999 and is headquartered in Montreal, Canada.
– Euromoney Institutional Investor PLC ($LSE:ERM)
Euromoney Institutional Investor PLC is a provider of business information and research for the global financial markets. The company has a market capitalization of 1.58 billion as of 2022 and a return on equity of 2.93%. The company’s products and services include news, analysis, and research on the global financial markets, as well as data and intelligence on companies, industries, and economies. Euromoney Institutional Investor PLC is headquartered in London, the United Kingdom.
Summary
FACTSET RESEARCH SYSTEMS reported an overall positive financial performance in the fourth quarter of FY2023, with total revenue increasing 7.3% year-over-year to USD 535.8 million.
However, net income fell 37.7% year-on-year to USD 65.1 million, suggesting a potential cause for concern for investors. Further analysis of the company’s balance sheet and income statement is necessary to make an informed investment decision on this stock. Investors should consider evaluating the company’s profitability, liquidity, and solvency ratios, and track key performance indicators such as sales, margins, and return on equity. Overall, FACTSET RESEARCH SYSTEMS has potential as a long-term investment, but a thorough assessment of the company is recommended before investing.
