In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
FactSet Research Systems's net current asset value per share for the quarter that ended in May. 2026 was MXN-694.53.
The historical rank and industry rank for FactSet Research Systems's Net Current Asset Value or its related term are showing as below:
MEX:FDS's Price-to-Net-Current-Asset-Value is not ranked *
in the Capital Markets industry.
Industry Median: 2.85 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
FactSet Research Systems (MEX:FDS) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
FactSet Research Systems Net Current Asset Value Related Terms
FactSet Research Systems Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for FactSet Research Systems's Net Current Asset Value 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.
FactSet Research Systems Net Current Asset Value Chart
MEX:FDS vs MORN, TRU, OTCM: Net Current Asset Value Comparison
For the Financial Data & Stock Exchanges subindustry, FactSet Research Systems's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, FactSet Research Systems's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where FactSet Research Systems's Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of MXN-694.53 mean?
FactSet Research Systems (MEX:FDS) has a Net Current Asset Value of MXN-694.53 as of May. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on FactSet Research Systems and its competitors. According to the industry distribution chart, FactSet Research Systems ranks #999999 out of 503 companies in the Capital Markets industry.
Is FactSet Research Systems' Net Current Asset Value too high?
FactSet Research Systems' current Net Current Asset Value is MXN-694.53. Based on the distribution chart, FactSet Research Systems ranks #999999 out of 503 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, FactSet Research Systems has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FactSet Research Systems' Net Current Asset Value compare to MORN and TRU?
According to the Capital Markets industry distribution chart, FactSet Research Systems ranks #999999 out of 503 companies for Net Current Asset Value. This places FactSet Research Systems in the lower half of its industry. The industry median Net Current Asset Value is 2.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Capital Markets company?
The median Net Current Asset Value among Capital Markets companies is 2.85, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on FactSet Research Systems and its competitors. For the Capital Markets industry, the median Net Current Asset Value is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FactSet Research Systems's current Net Current Asset Value is MXN-694.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FactSet Research Systems stock overvalued right now?
Based on GuruFocus' analysis, FactSet Research Systems (MEX:FDS) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN7,930.46, compared to a current price of MXN3,882.11 — trading 51% below its estimated fair value. The current Net Current Asset Value is MXN-694.53. FactSet Research Systems' overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For FactSet Research Systems (MEX:FDS), the current Net Current Asset Value is MXN-694.53 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is FactSet Research Systems (MEX:FDS) Overvalued in 2026?
Based on GuruFocus' analysis, FactSet Research Systems stock appears to be undervalued.
The current stock price of MXN3,882.11 is trading 51% below its estimated GF Value™ of MXN7,930.46.
GuruFocus considers FactSet Research Systems to be Significantly Undervalued.
Key valuation signals for MEX:FDS:
Net Current Asset Value: MXN-694.53
GF Value™: MXN7,930.46 vs. price of MXN3,882.11 (51% below fair value)
No single metric tells the full story. See the MEX:FDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 (including wealth and corporate clients) account for over 80% 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.
87GF Score
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