Who uses the fundamental chart? We added quick links in the dashboard to better help newbies do things on P123. One of the links is the "Price to Sales vs Hist Mean".
I think it's great. Check out that beautiful support forming for CRM where the Price2Sales now sits at the 3Y median. To get back to the median Price2Sales it implies a 46% upside.
I think the narrative that AI will be putting all these SaaS companies out of business created a huge buying opportunity. FDS is pretty good too 100%+ upside to get back to it's median.
AI agents and LLMs need good quality data. If the idea is that LLMs will just scrape data from the web and that actual people running any amount of money will ditch FactSet and go with high error and incomplete scraped data…I just don’t see it. High quality data is more important with AI agents. Garbage in - garbage out.
Good video here that discusses the risks of AI on SaaS. And why the market might be mispricing a lot of these as they dump on the whole industry without really understanding the nuances.
I agree. You cannot one-shot this (Factset) in the near, foreseeable future, but also the idea is AI can help a well funded competitor build a dataset over some years. Not soon, but eventually
100%+ upside to get back to it's median.
