5 models fit FactSet Research Systems Inc. Common Stock and they disagree: 2 of 5 land within 15% of the average. The price is above every model.
Two or more of our models back this value.
Large premium(i)Silver67
Valued as a mature, profitable company: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
ACCE opinionFactSet Research Systems Inc. Common Stock (FDS)
Fair value (5 models)
$223
ACCE price target
$309
Rating
Overvalued
Horizon
12 months
Fair value published on 18 Oct 2026, 16:04 CEST; previously $300 since 14 Oct 2026, 00:00 CEST.
ACCE price target published on 10 Oct 2026, 00:00 CEST.
Rating published on 18 Oct 2026, 16:04 CEST.
Price used: $331 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
48.3% above
-32.6% to fair value
ACCE score
69
out of 100
Analysts
17% buy
18 covering
P/E
22.7x
forward 14.1x
1-year return
+15.5%
Dividend yield
1.35%
FactSet Research Systems Inc. Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
FactSet sells financial data, analytics and portfolio tools, mostly as multi-year subscriptions to buy-side and sell-side firms, with its Workstation platform and data feeds as the core product set. The moat is switching cost: once a portfolio manager's models, screens and compliance workflows run on FactSet, replacing it means retraining analysts and rebuilding integrations, which keeps retention high and pricing steady. Revenue growth of 6.3% is modest, but the business converts it well, with a 24.7% operating margin and a 25.5% return on equity that point to a capital-light model. The stock trades at 20.7 times trailing earnings but 13.9 times forward, a gap that implies the market expects earnings to rise meaningfully, so the question for the deeper look is whether the margin and growth assumptions behind that forward multiple hold up in the next few reporting periods.