Company Valuation: FactSet Research Systems, Inc.

Data adjusted to current consolidation scope
Fiscal Period: August 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 14,365 16,458 16,647 16,085 14,114 7,709 - -
Change - 14.57% 1.15% -3.38% -12.25% -45.38% - -
Enterprise Value (EV) 1 14,221 17,904 17,802 16,958 15,127 8,653 8,551 8,368
Change - 25.89% -0.57% -4.74% -10.8% -42.8% -1.18% -2.15%
P/E ratio 36.7x 42.3x 36.3x 30.4x 24x 13.8x 12x 10.7x
PBR 14.1x 12.4x 10.2x 8.39x 6.55x 3.54x 3.15x 2.92x
PEG - -39.84x 2.1x 1.9x 2x -8.4x 0.8x 0.9x
Capitalization / Revenue 9.03x 8.93x 7.98x 7.3x 6.08x 3.13x 2.96x 2.8x
EV / Revenue 8.94x 9.71x 8.54x 7.7x 6.52x 3.51x 3.29x 3.04x
EV / EBITDA 25.4x 27x 22.6x 19x 16.2x 9.22x 8.66x 8.05x
EV / EBIT 27.5x 28.7x 23.6x 20.4x 17.9x 10.1x 9.47x 8.72x
EV / FCF 28.8x 36.8x 30.4x 27.6x 24.5x 13.1x 12.5x 11.6x
FCF Yield 3.47% 2.72% 3.28% 3.62% 4.08% 7.6% 7.99% 8.6%
Dividend per Share 2 3.18 3.42 3.74 4.04 4.28 4.48 4.724 4.972
Rate of return 0.84% 0.79% 0.86% 0.96% 1.15% 2.12% 2.23% 2.35%
EPS 2 10.36 10.25 12.03 13.91 15.55 15.29 17.56 19.7
Distribution rate 30.7% 33.4% 31.1% 29% 27.5% 29.3% 26.9% 25.2%
Net sales 1 1,591 1,844 2,086 2,203 2,322 2,464 2,602 2,753
EBITDA 1 558.9 662 789.1 890.5 935 938.6 987.7 1,040
EBIT 1 517.7 624.4 755.2 832.7 843.4 855.6 903.5 959.8
Net income 1 399.6 396.9 468.1 537.1 597 568.2 634.5 690.4
Net Debt 1 -143.2 1,446 1,155 873.4 1,013 944.5 842.6 658.7
Reference price 2 380.22 433.34 436.41 422.84 373.32 211.60 211.60 211.60
Nbr of stocks (in thousands) 37,780 37,980 38,146 38,040 37,807 36,431 - -
Announcement Date 28/09/21 22/09/22 21/09/23 19/09/24 18/09/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.84x3.51x9.22x2.12% 770.88Cr
25.25x8.11x15.77x0.96% 12TCr
28.69x12.99x20.98x1.5% 3.92TCr
20.91x4.71x11.74x3.09% 3.7TCr
25.48x3.86x12.1x1.15% 2.15TCr
12.26x2.87x8.62x4.29% 1.65TCr
23.96x3.43x9.77x0.66% 1.31TCr
18.77x3.86x9.78x3.82% 1.2TCr
55.08x - - 0.52% 464.64Cr
Average 24.92x 5.42x 12.25x 2.01% 3.05TCr
Weighted average by Cap. 24.23x 7.15x 14.50x 1.67%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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