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ACN trades against a final fair-value range of $186.15-$261.24, with the midpoint set by the accepted valuation synthesis rather than earlier draft model outputs. Fair value range: low $186, high $261, with mid-point at $223.
Stock analysis

ACN Accenture plc fair value $223–$261

ACN
By StockMarketAgent.AI team· supervised by
Przeanalizowano: 2026-05-10Następna aktualizacja: 2026-08-10Methodology v2.4Archetype: Mature dividendNYSE · Information Technology
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Cena
$180.42
▲ +43.03 (+23.85%)
Wartość godziwa
$223
$223–$261
Rekomendacja
Kupuj
confidence 88/100
Potencjał wzrostu
+23.9%
upside to fair value
Margines Bezpieczeństwa
$189.93
buy below · 15%
Kapitalizacja
$111.0B
P/E fwd 12.1
Awaryjny angielskiPL
Pokazujemy źródło angielskie podczas tłumaczenia
Ten raport nie został jeszcze przetłumaczony. Odśwież za kilka minut, gdy kolejka tłumaczeń go przetworzy.

§1 Podsumowanie wykonawcze

  • Composite fair value $223 with high case $261.
  • Implied upside of 23.9% to fair value.
  • Moat 9/10 · confidence 88/100 · Mature dividend.
  • Trades below fair value with a meaningful cushion to the midpoint.
Fair value
$223
Margin of safety
+19.3%
Confidence
88/100
Moat
9/10

Educational analysis only — not financial advice. Always do your own due diligence.

$180.42Price
FV $223.45
High $261.24

ACN trades against a final fair-value range of $186.15-$261.24, with the midpoint set by the accepted valuation synthesis rather than earlier draft model outputs.

  • High switching costs associated with
    High switching costs associated with deeply integrated enterprise IT and ERP systems.
  • Intangible assets derived from specialized
    Intangible assets derived from specialized industry expertise and a massive global delivery network.
  • Bull thesis
    The market is over-penalizing near-term macro headwinds, ignoring Accenture's deep structural integration into critical enterprise workflows.

§2 Scenariusz negatywny

A severe macroeconomic downturn triggers sweeping IT budget freezes, stalling cloud migrations and AI projects. Revenue contracts while high fixed labor costs compress operating margins below historical norms, dragging fair valueFair valueOur composite estimate of intrinsic per-share value, blended across DCF, exit-multiple, and reverse-DCF methods. Reported as a low/mid/high range to capture model uncertainty. down to the $186 floor.

Jak ta teza może się załamać

AI Displacement

· Medium

Agentic AI systems automate core coding and BPO tasks, collapsing Accenture's billable hour model and shrinking total addressable market.

FV impact
-25%
Trigger
3-5 years

Cloud Maturation

· High

Enterprise cloud migrations conclude sooner than expected, leaving a massive structural growth void unfulfilled by new AI initiatives.

FV impact
-15%
Trigger
2-3 years

Margin Collapse

· Low

Intense wage inflation and talent retention costs in global delivery centers severely compress historical operating margins.

FV impact
-20%
Trigger
1-2 years
Sygnały wczesnego ostrzegania do monitorowania
WskaźnikBieżącyPróg wyzwalania
Sequential declines in book-to-bill ratios consistently below 1.0x.MonitorDeterioration versus the report thesis
Unplanned, structural increases in bench time and utilization rate drops.MonitorDeterioration versus the report thesis
Deteriorating pricing power on large-scale managed services outsourcing contracts.MonitorDeterioration versus the report thesis
Rising voluntary attrition rates among key senior technical staff.MonitorDeterioration versus the report thesis
Slowing growth in the high-margin Song and Industry X divisions.MonitorDeterioration versus the report thesis

§3 Historia finansowa

Rachunek zysków i strat — ostatnich sześć okresów
PozycjaT−0T−1T−2T−3CAGR
Okres2022-08-312023-08-312024-08-312025-08-31Trend
Przychody$61.59B$64.11B$64.90B$69.67B+4.2%
Zysk brutto$19.70B$20.73B$21.16B$22.24B+4.1%
Zysk operacyjny$9.37B$9.87B$10.03B$10.84B+5.0%
Zysk netto$6.88B$6.87B$7.26B$7.68B+3.7%
EPS (rozwodniony)$10.71$10.77$11.44$12.15+4.3%
EBITDA$10.27B$10.25B$10.84B$11.87B+4.9%
R&D
SG&A$10.33B$10.86B$11.13B$11.39B+3.3%

Wyniki jakości

Wskaźnik Piotroski F
5 / 9
Złożony wynik jakości 0–9
Wskaźnik Altman Z
4.4
Ryzyko upadłości (>3 bezpieczne)
Wskaźnik Beneish M
-2.75
Ryzyko manipulacji wynikami
OCF / Zysk netto
1.49×
>1 wskazuje wysoką jakość wyników
Bramka jakości księgowej
Pass
Bramka skorygowana o sektor
ROIC
21.1%
Zwrot z zainwestowanego kapitału
Sekcja 3

Numbers analysis

Alokacja kapitału

Capital allocation should be evaluated against reinvestment needs, balance-sheet strength, and shareholder returns.

Subskrybenci indywidualni — od §411 kolejnych sekcji

Przeczytaj pełną analizę — 11 kolejnych sekcji.

Competitive moat, industry cycle, peer comparison, intrinsic valuation, sensitivity, scenarios, earnings decision tree, position management, investor perspectives, scorecard, and final recommendation.

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FAQ

ACN — frequently asked questions

  1. Based on our latest analysis, ACN looks meaningfully undervalued. The current price is $180 versus a composite fair-value midpoint of $223 (range $186–$261), which implies roughly 23.9% upside to the midpoint.
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