FactSet (FDS) Stock May Be 25% Undervalued After Private Markets Data Deal

FactSet Research Systems has seen a sharp swing in returns over the past few years, and the recent rebound in the share price puts fresh focus on whether the business is earning enough on its capital to support where the stock trades today. With the market now pricing in that story in real time, the question is how well those capital returns line up with the current valuation. Over the past 5 years the stock has fallen 21.2%, which puts real weight on the question of whether the returns the...