Accenture plc (ACN) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-7.5%

$243.20

vs $263.01 price

Levered DCF

$302.31

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

4.51

Safe zone

Rating

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	13.89×	21.15×	29.55×	29.7×	26.54×	36.15×	29.88×	26.46×
P/B	3.68×	5.21×	7.59×	7.95×	8.26×	10.94×	8.98×	8.78×
P/S	1.57×	2.33×	3.31×	3.18×	2.96×	4.23×	3.44×	2.93×
EV / EBITDA	8.32×	13.04×	19.73×	19.35×	17.32×	21.52×	17.22×	16.79×
Gross margin	32.0%	31.9%	32.6%	32.3%	32.0%	32.4%	31.5%	30.8%
Operating margin	15.4%	14.7%	14.8%	13.7%	15.2%	15.1%	14.7%	14.6%
Net margin	11.3%	11.0%	11.2%	10.7%	11.2%	11.7%	11.5%	11.1%
Current ratio	1.43×	1.42×	1.1×	1.3×	1.23×	1.25×	1.4×	1.4×
Debt / equity	0.42×	0.26×	0.15×	0.12×	0.15×	0.18×	0.21×	0×
Interest coverage	37.59×	44.74×	162.73×	185.37×	197.95×	128.11×	196.96×	274.58×
Dividend yield	3.4%	2.3%	1.5%	1.4%	1.3%	1.0%	1.3%	1.5%
Payout ratio	47.7%	48.2%	44.6%	41.1%	35.7%	37.8%	39.8%	39.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	26.5%	24.6%	25.7%	26.7%	31.1%	30.2%	30.0%	33.2%
Return on invested capital	16.4%	17.0%	19.0%	19.8%	23.4%	20.8%	19.8%	26.1%
Return on assets	11.4%	11.7%	13.0%	13.4%	14.6%	13.7%	13.8%	16.0%
Free cash flow yield	10.0%	6.7%	4.0%	4.4%	4.8%	3.9%	5.0%	4.8%
Earnings yield	7.2%	4.7%	3.4%	3.4%	3.8%	2.8%	3.3%	3.8%
Enterprise value	$116.8B	$159.2B	$213.8B	$198.3B	$178B	$209B	$147.7B	$120.3B
Net debt / EBITDA	0.04×	-0.27×	-0.08×	-0.58×	-0.44×	-0.48×	-0.57×	-0.85×
Cash conversion cycle (days)	59	58	54	49	47	46	48	48