FactSet Research Systems (FRA:FA1) Scaled Net Operating Assets: 0.79 (As of May. 2026)


FRA:FA1 FactSet Research Systems Inc FRA:FA1
80 GF Score
Price €218.10
GF Value €416.89
Valuation Significantly Undervalued
! 1 Warning Sign
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What is FactSet Research Systems Scaled Net Operating Assets?

FactSet Research Systems FRA:FA1 -0.46% 80 Scaled Net Operating Assets is 0.79 as of May. 2026. GuruFocus rates FRA:FA1 with a GF Score™ of 80/100 and a GF Value™ of €416.89 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

FactSet Research Systems's operating assets for the quarter that ended in May. 2026 was €3,328 Mil. FactSet Research Systems's operating liabilities for the quarter that ended in May. 2026 was €504 Mil. FactSet Research Systems's Total Assets for the quarter that ended in Feb. 2026 was €3,570 Mil. Therefore, FactSet Research Systems's scaled net operating assets (SNOA) for the quarter that ended in May. 2026 was 0.79.


FactSet Research Systems Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for FactSet Research Systems's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

FactSet Research Systems Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 1.57 0.70 0.75 0.79

FactSet Research Systems Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Scaled Net Operating Assets 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 0.74 0.76 0.80 0.79 0.79

FRA:FA1 vs MORN, TRU, OTCM: Scaled Net Operating Assets Comparison

For the Financial Data & Stock Exchanges subindustry, FactSet Research Systems's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, FactSet Research Systems's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where FactSet Research Systems's Scaled Net Operating Assets falls into.


FRA:FA1
80GF Score
FactSet Research Systems Inc FRA:FA1
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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FactSet Research Systems Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

FactSet Research Systems's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2025 )
=(Operating Assets (A: Aug. 2025 )-Operating Liabilities (A: Aug. 2025 ))/Total Assets (A: Aug. 2024 )
=(3392.343-480.481)/3677.921
=0.79

where

Operating Assets(A: Aug. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3697.37 - 305.027
=3392.343

Operating Liabilities(A: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1819.241 - 1310.288 - 28.472
=480.481

FactSet Research Systems's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: May. 2026 )
=(Operating Assets (Q: May. 2026 )-Operating Liabilities (Q: May. 2026 ))/Total Assets (Q: Feb. 2026 )
=(3327.923-504.24)/3569.976
=0.79

where

Operating Assets(Q: May. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3588.349 - 260.426
=3327.923

Operating Liabilities(Q: May. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1848.709 - 888.117 - 456.352
=504.24

* 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 Scaled Net Operating Assets of 0.79 mean?
FactSet Research Systems (FRA:FA1) has a Scaled Net Operating Assets of 0.79 as of May. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on FactSet Research Systems and its competitors.
Is FactSet Research Systems' Scaled Net Operating Assets too high?
FactSet Research Systems' current Scaled Net Operating Assets is 0.79. 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' Scaled Net Operating Assets compare to MORN and TRU?
FactSet Research Systems' Scaled Net Operating Assets of 0.79 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on FactSet Research Systems and its competitors. FactSet Research Systems's current Scaled Net Operating Assets is 0.79. 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 (FRA:FA1) is currently considered Significantly Undervalued. The stock's GF Value™ is €416.89, compared to a current price of €218.10 — trading 47.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.79. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For FactSet Research Systems (FRA:FA1), the current Scaled Net Operating Assets is 0.79 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 (FRA:FA1) Overvalued in 2026?

Based on GuruFocus' analysis, FactSet Research Systems stock appears to be undervalued. The current stock price of €218.10 is trading 47.7% below its estimated GF Value™ of €416.89. GuruFocus considers FactSet Research Systems to be Significantly Undervalued.

Key valuation signals for FRA:FA1:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: €416.89 vs. price of €218.10 (47.7% below fair value)
  • GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the FRA:FA1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FactSet Research Systems Business Description

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 (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.
80GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€218.10
Price
€416.89
GF Value