Fundamental analysis FDS (Factset Research Systems Inc)

Updated on 09/07/2026

Method and analysis by Lubin Danilo, founder of Lubin Investment. Score computed automatically, with no human opinion.

We analyzed Factset Research Systems stock against the 10 quality criteria of Lubin Investment. The company gets a quality score of 8/10, meaning high quality, and a P/FCF valuation multiple of 17.0×.

This is the setup we look for: Factset Research Systems passes a large majority of our quality criteria while trading at a low free cash flow multiple. That is exactly the "quality company at the right price" profile, the one worth a closer look.

Sector: Financial Data & Stock Exchanges. Listing: US. Current price: 301.96 USD.

⭐ Current opportunity : Factset Research Systems Inc is in its historical low decile of valuation (P/FCF ≤ 10th percentile over 10 years, AND ratio < 25×). This is a potentially interesting entry point for long-term investors.

Lubin scoring methodology

Factset Research Systems Inc (FDS)'s score is calculated automatically from 10 objective financial criteria, with no human intervention or opinion. Each criterion is validated (YES / PARTIAL / NO) based on thresholds drawn from the financial literature (Warren Buffett, Michael Mauboussin, Aswath Damodaran). The final score is the sum of validations.

The thresholds come from the financial literature, not from our preferences: see the valuation work of Aswath Damodaran (NYU Stern) and the SEC investor education resources (investor.gov).

Factset Research Systems's accounts are public: you can check every figure in its official 10-K filings with the SEC (EDGAR).

The 10 quantitative criteria analyzed

1. Profitable: net margin > 5%
2. Growing revenue: revenue growing > 10%/year over 5 years
3. Growing earnings per share: FCF per share adjusted for stock-based compensation, > 10%/year over 5 years
4. Share count under control: stable or declining (net buybacks = value creation for shareholders)
5. Growing revenue per employee: revenue and revenue per employee both grow ≥ 10%/year over 5 years; partial when only one growth driver reaches its tier (fallback: free cash flow margin > 10% when employee history is unavailable)
6. Expanding margins: operating margin widens over 5 years (operating leverage)
7. Return on invested capital: Cash ROCE > 15% per year
8. Debt under control: net debt repayable in less than 3 years of free cash flow
9. Earnings converted to cash: free cash flow exceeds accounting net income
10. Net collection period: short or negative cash conversion cycle

Its price against peers

Against the 5 other Financial Data & Stock Exchanges stocks we have scored, Factset Research Systems trades at 17.0× its free cash flow, versus a median of 28.6× for that basket. On price alone, Factset Research Systems is therefore cheaper than its peers. That says nothing about its quality: at Lubin Investment, quality and price are judged separately, and a low multiple is only a bargain if the quality holds up.

Frequently asked questions

Is Factset Research Systems a quality stock?

Factset Research Systems gets a quality score of 8/10 (high quality), calculated over the 10 Lubin Investment criteria: profitability, revenue and free cash flow growth, share buybacks, margins, debt and return on capital.

How is Factset Research Systems's score calculated?

The score is the total of validated criteria (YES / PARTIAL / NO) using thresholds drawn from the financial literature (Warren Buffett, Mauboussin, Aswath Damodaran), automatically and with no human opinion.

What is Factset Research Systems's P/FCF?

The price-to-free-cash-flow (P/FCF) multiple of Factset Research Systems stock is 17.0×. At Lubin Investment, valuation is judged separately from quality.

Where to see Factset Research Systems's full analysis?

The full interactive analysis (10-criteria detail, history, P/FCF valuation, sector comparisons) is available at https://lubin-investment.com/analyse/FDS?lng=en.

Articles about Factset Research Systems

• FactSet Research (FDS): the financial data monopoly (2026-07-01)

Other stocks in the Financial Data & Stock Exchanges sector

• Euronext Athens Holding (EXAE.AT), score 10/10, P/FCF 8.5×
• Hong Kong Exchanges and Clearing (0388.HK), score 10/10, P/FCF 21.0×
• Singapore Exchange (S68.SI), score 9/10, P/FCF 30.2×
• MSCI (MSCI), score 9/10, P/FCF 28.6×

Go further

👉 See the full interactive analysis of FDS

Other resources : All stocks in the Financial Data & Stock Exchanges sector.