Market Pulse59Neutral

FactSet Research Systems Inc.Opportunity Rank #76(FDS) Intrinsic Value & DCF Analysis (2026)

Current Price

$223.98

Last updated: May 08, 2026

Price vs Intrinsic Value

$223.98
Price
$356.09
Intrinsic Value
Undervalued by 59%MOS: $284.87

Fundamental Score

70/100
Bullish

Weighted across 6 signals

Narrative Score

63/100
Improving

No change vs previous

Trend Score

43/100
Weak

As of 2026-05-08

The intrinsic value of FactSet Research Systems Inc. (FDS) is estimated at $356.09 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $223.98, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 5.25% long-term growth rate and a 10.00% discount rate (calculated: 7.72%), reflecting expected future free cash flow and cost of capital.

The intrinsic value of FactSet Research Systems Inc. (FDS) is estimated at $356.09 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $223.98, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 5.25% long-term growth rate and a 10.00% discount rate (calculated: 7.72%), reflecting expected future free cash flow and cost of capital.

Valuation Details

$356.09
▲ 58.98% upside
20% margin of safety: $284.87
Years: 10Growth Rate: 5.25%
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Capital Efficiency

Average Quarterly ROIC
4.98%
Cost of Capital (estimated)9%
Value StatusUnderperforming Capital

The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.

Complete historical ROIC is available with
.

Fundamental Details

70/100
BullishWeighted across 6 signals
DCF Discount
59.0% discount to price
100
FCF Yield
11.2% trailing FCF yield
100
ROIC vs WACC
ROIC 5.0% vs WACC 9.0% (0.6x)
28
Net Debt / FCF
1.2x net debt to FCF
54
Buybacks
Share count shrinking
80
FCF CAGR (5Y)
9.4% 5Y FCF CAGR
72
Strengths: DCF Discount, FCF Yield. Concerns: ROIC vs WACC.

Narrative Details

63/100
Improving
Vs 6-Month Baseline:Above Avg (69th pct)Weighted across 4 recent drivers
Trend: StableConfidence: 89%Updated: 16h ago
Sources: 58 (52 News · 6 Analyst)
Drivers(last 30 days)
41 news sentiment+1.2
8 regulatory scrutiny+0.1
3 earnings beat+0.0
6 analyst reiterations0.0

Trend Details

43/100
WeakAs of 2026-05-08311 daily bars used
Distance from 52-Week High-52.8%
6M Relative Strength vs SPY-23.2%
3M Relative Strength vs SPY+1.1%
Price vs 21 EMA48 · -0.3%
Price vs 50 EMA46 · -0.7%
21 EMA vs 50 EMA47 · -0.4%
3M RS vs SPY54 · +1.1%
6M RS vs SPY7 · -23.2%
Distance from 52W High0 · -52.8%

Investment Coach

Updating... 1d ago
BUYConfidence: 62%
Thesis
FactSet Research Systems Inc. is undervalued with an estimated fair value 62.6% above its current price, supported by a strong fundamental score of 70 and a healthy free cash flow yield of 11.2%. Despite trailing its cost of capital, the company's improving narrative and solid buyback activity suggest potential for value realization.
Key Risk
The key risk is the negative spread between ROIC and WACC, indicating returns are currently below the company's cost of capital.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Track ROIC vs WACC spread for sustained improvement.
  • Follow narrative trend for meaningful shifts in the score direction.
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR: 5.25%5 Year CAGR: 8.21%

Free Cash Flow (in millions)

TTM20252024202320222021202020192018201720162015201420132012201120102009200820072006
$915$835$786$706$589$617$583$487$419$357$379$332$283$288$254$236$232$232$179$195$145

How Intrinziq Estimates Fair Value

Intrinziq estimates FactSet Research Systems Inc.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

FactSet Research Systems Inc.Financial Services

FactSet Research Systems Inc., a financial data and analytics company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth. It serves portfolio managers, investment banks, asset managers, wealth advisors, corporate clients, and other financial services entities. FactSet Research Systems Inc. was founded in 1978 and is headquartered in Norwalk, Connecticut.