FactSet Research SystemsFDS +2.15%80 Return-on-Tangible-Asset is 48.55% as of May. 2026, which is 2% above its 10-year median of 47.63. GuruFocus rates FDS with a GF Scoreâ„¢ of 80/100 and a GF Valueâ„¢ of $508.67 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 815 Capital Markets companies, FactSet Research Systems ranks better than 99.02% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. FactSet Research Systems's annualizedNet Income for the quarter that ended in May. 2026 was $507 Mil. FactSet Research Systems's average total tangible assets for the quarter that ended in May. 2026 was $1,044 Mil. Therefore, FactSet Research Systems's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 was 48.55%.
The historical rank and industry rank for FactSet Research Systems's Return-on-Tangible-Asset or its related term are showing as below:
FDS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 30.88 Med: 47.63 Max: 78.66
Current: 52.77
During the past 13 years, FactSet Research Systems's highest Return-on-Tangible-Asset was 78.66%. The lowest was 30.88%. And the median was 47.63%.
FDS's Return-on-Tangible-Asset is ranked better than 99.02% of 815
companies
in the Capital Markets industry
Industry Median: 1.54
vs FDS: 52.77
FactSet Research Systems (NYSE:FDS) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companyÂ’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companyÂ’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
FactSet Research Systems Return-on-Tangible-Asset Related Terms
FactSet Research Systems Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for FactSet Research Systems's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart
FDS vs MORN, TRU, OTCM: Return-on-Tangible-Asset Comparison
For the Financial Data & Stock Exchanges subindustry, FactSet Research Systems's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, FactSet Research Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where FactSet Research Systems's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (May. 2026) net income data.
What does a Return-on-Tangible-Asset of 48.55% mean?
FactSet Research Systems (FDS) has a Return-on-Tangible-Asset of 48.55% as of May. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on FactSet Research Systems and its competitors. This is near median its historical median of 47.63. Over the past decade, FactSet Research Systems' Return-on-Tangible-Asset has ranged from 30.88 to 78.66. According to the industry distribution chart, FactSet Research Systems ranks #8 out of 815 companies in the Capital Markets industry, placing it in the top 1%.
Is FactSet Research Systems' Return-on-Tangible-Asset too high?
FactSet Research Systems' current Return-on-Tangible-Asset of 48.55% is near median its 10-year median of 47.63. Over the past 10 years, this metric has ranged from a low of 30.88 to a high of 78.66. The Capital Markets industry median Return-on-Tangible-Asset is 1.54. FactSet Research Systems' value of 48.55% is 3052.6% above this industry median. Based on the distribution chart, FactSet Research Systems ranks #8 out of 815 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, FactSet Research Systems has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FactSet Research Systems' Return-on-Tangible-Asset compare to MORN and TRU?
According to the Capital Markets industry distribution chart, FactSet Research Systems ranks #8 out of 815 companies for Return-on-Tangible-Asset. This places FactSet Research Systems in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.54. FactSet Research Systems' value of 48.55% is 3052.6% above this benchmark. Historically, FactSet Research Systems' own Return-on-Tangible-Asset has ranged from 30.88 to 78.66 over the past decade. While the company's 10-year median is 47.63 vs. the industry median of 1.54, FactSet Research Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.54, based on 815 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FactSet Research Systems's current Return-on-Tangible-Asset of 48.55% is 3052.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on FactSet Research Systems and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FactSet Research Systems's current Return-on-Tangible-Asset is 48.55%, which is near median its own 10-year median of 47.63. 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 (FDS) is currently considered Significantly Undervalued. The stock's GF Value™ is $508.67, compared to a current price of $247.11 — trading 51.4% below its estimated fair value. The current Return-on-Tangible-Asset is 48.55%, which is near median its 10-year median of 47.63 and 3052.6% above the Capital Markets industry median of 1.54. FactSet Research Systems' overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For FactSet Research Systems (FDS), the current Return-on-Tangible-Asset is 48.55% 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 (FDS) Overvalued in 2026?
Based on GuruFocus' analysis, FactSet Research Systems stock appears to be undervalued.
The current stock price of $247.11 is trading 51.4% below its estimated GF Value™ of $508.67.
GuruFocus considers FactSet Research Systems to be Significantly Undervalued.
Key valuation signals for FDS:
Return-on-Tangible-Asset: 48.55% (near median its 10-year median of 47.63)
GF Value™: $508.67 vs. price of $247.11 (51.4% below fair value)
Industry Position: 3052.6% above the Capital Markets median (#8 of 815)
No single metric tells the full story. See the 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.
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