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FactSet Research Systems (FactSet Research Systems) Cyclically Adjusted Price-to-FCF : 34.77 (As of Jun. 08, 2024)


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What is FactSet Research Systems Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), FactSet Research Systems's current share price is $409.93. FactSet Research Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $11.79. FactSet Research Systems's Cyclically Adjusted Price-to-FCF for today is 34.77.

The historical rank and industry rank for FactSet Research Systems's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FDS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.61   Med: 37.77   Max: 54.67
Current: 34.76

During the past years, FactSet Research Systems's highest Cyclically Adjusted Price-to-FCF was 54.67. The lowest was 29.61. And the median was 37.77.

FDS's Cyclically Adjusted Price-to-FCF is ranked worse than
70.95% of 241 companies
in the Capital Markets industry
Industry Median: 18.37 vs FDS: 34.76

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

FactSet Research Systems's adjusted free cash flow per share data for the three months ended in Feb. 2024 was $3.153. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $11.79 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FactSet Research Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FactSet Research Systems's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FactSet Research Systems Cyclically Adjusted Price-to-FCF Chart

FactSet Research Systems Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.37 46.92 43.65 42.81 38.73

FactSet Research Systems Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.99 35.08 38.73 39.53 39.23

Competitive Comparison of FactSet Research Systems's Cyclically Adjusted Price-to-FCF

For the Financial Data & Stock Exchanges subindustry, FactSet Research Systems's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FactSet Research Systems's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, FactSet Research Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where FactSet Research Systems's Cyclically Adjusted Price-to-FCF falls into.



FactSet Research Systems Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

FactSet Research Systems's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=409.93/11.79
=34.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FactSet Research Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, FactSet Research Systems's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=3.153/130.9299*130.9299
=3.153

Current CPI (Feb. 2024) = 130.9299.

FactSet Research Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 2.143 100.373 2.795
201408 1.540 100.352 2.009
201411 1.567 99.635 2.059
201502 1.007 99.032 1.331
201505 2.328 100.333 3.038
201508 1.746 100.548 2.274
201511 1.348 100.135 1.763
201602 1.952 100.040 2.555
201605 2.152 101.355 2.780
201608 1.401 101.617 1.805
201611 0.962 101.829 1.237
201702 1.799 102.779 2.292
201705 2.137 103.256 2.710
201708 2.270 103.587 2.869
201711 1.392 104.072 1.751
201802 2.160 105.052 2.692
201805 3.060 106.148 3.774
201808 2.345 106.383 2.886
201811 0.948 106.338 1.167
201902 2.260 106.649 2.775
201905 3.804 108.048 4.610
201908 2.440 108.245 2.951
201911 1.788 108.519 2.157
202002 1.933 109.139 2.319
202005 3.637 108.175 4.402
202008 3.716 109.662 4.437
202011 1.833 109.793 2.186
202102 3.372 110.968 3.979
202105 3.161 113.576 3.644
202108 4.446 115.421 5.043
202111 1.665 117.269 1.859
202202 2.840 119.703 3.106
202205 4.560 123.323 4.841
202208 3.480 124.958 3.646
202211 2.279 125.607 2.376
202302 3.777 126.928 3.896
202305 4.949 128.314 5.050
202308 4.030 129.538 4.073
202311 3.589 129.548 3.627
202402 3.153 130.930 3.153

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


FactSet Research Systems  (NYSE:FDS) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


FactSet Research Systems Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of FactSet Research Systems's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


FactSet Research Systems (FactSet Research Systems) Business Description

Traded in Other Exchanges
Address
45 Glover Avenue, 7th Floor, Norwalk, CT, USA, 06850
FactSet provides financial data and portfolio analytics to the Global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients account for 82% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.
Executives
Frederick Philip Snow director, officer: Chief Executive Officer 45 GLOVER AVENUE, NORWALK CT 06850
Laurie Siegel director C/O VOLT INFORMATION SCIENCES, INC., 1133 AVENUE OF THE AMERICAS, 15TH FLOOR, NEW YORK NY 10036
Katherine M Stepp officer: Chief Technology Officer (CTO) FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Rachel Rebecca Stern officer: EVP, Chief Legal Officer 45 GLOVER AVENUE, NORWALK CT 06850
Robert J. Robie officer: EVP, Head of Trading&Analytics 45 GLOVER AVENUE, NORWALK CT 06850
Christopher R Ellis officer: EVP, Initiatives & P'ships FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Malcolm Frank director FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Goran Skoko officer: EVP, Wealth Solutions 45 GLOVER AVENUE, NORWALK CT 06850
Kristina W Karnovsky officer: EVP, Chief Product Officer 45 GLOVER AVENUE, NORWALK CT 06850
John Costigan officer: Chief Content Officer FACTSET RESEARCH SYSTEMS, 45 GLOVER AVENUE, NORWALK CT 06850
Catrina Harding officer: Chief People Officer FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Jonathan Reeve officer: EVP, Senior Head of CTS 601 MAIN AVENUE, NORWALK CT 06851
Shlomo Elisha Wiesel director FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Sheila B Jordan director 601 MERRITT 7, NORWALK CT 06851
Joseph Zimmel director 601 MERRITT 7, NORWALK CT 06851