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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
Analiz edildi: 2026-05-10Sonraki güncelleme: 2026-08-10Methodology v2.4Archetype: Mature dividendNYSE · Information Technology
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Fiyat
$180.42
▲ +43.03 (+23.85%)
Gerçeğe uygun değer
$223
$223–$261
Tavsiye
Al
confidence 88/100
Yükseliş potansiyeli
+23.9%
upside to fair value
Güvenlik Marjı
$189.93
buy below · 15%
Piyasa Değeri
$111.0B
P/E fwd 12.1
İngilizce yedekTR
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§1 Yönetici özeti

  • 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 Olumsuz senaryo

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.

Bu tezin bozulabileceği yollar

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
İzlenecek erken uyarı sinyalleri
MetrikMevcutTetikleme eşiği
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 Mali geçmiş

Gelir tablosu — son altı dönem
KalemT−0T−1T−2T−3CAGR
Dönem2022-08-312023-08-312024-08-312025-08-31Trend
Gelir$61.59B$64.11B$64.90B$69.67B+4.2%
Brüt kâr$19.70B$20.73B$21.16B$22.24B+4.1%
Faaliyet kârı$9.37B$9.87B$10.03B$10.84B+5.0%
Net kâr$6.88B$6.87B$7.26B$7.68B+3.7%
EPS (sulandırılmış)$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%

Kalite puanları

Piotroski F-skor
5 / 9
0–9 kalite bileşkesi
Altman Z-skor
4.4
İflas riski (>3 güvenli)
Beneish M-skor
-2.75
Kazanç manipülasyonu riski
OCF / Net kâr
1.49×
>1 yüksek kazanç kalitesini gösterir
Muhasebe kalitesi kapısı
Pass
Sektöre göre ayarlanmış kapı
ROIC
21.1%
Yatırılan sermaye getirisi
Bölüm 3

Numbers analysis

Bireysel aboneler — §4 ve sonrası11 bölüm daha

Tam analizi okuyun — 11 bölüm daha.

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

Kapsanan her sembol için tam rapor
24 ay tavsiye arşivi
İzleme listesi brifingleri + tavsiye değişiklik uyarıları
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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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