Market Cap
US$62.6b
Last Updated
2020/10/30 00:14 UTC
Data Sources
Company Financials +
Executive Summary
Fiserv, Inc., together with its subsidiaries, provides financial services technology worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Fiserv's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FISV has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-5.3%
FISV
-6.6%
US IT
-4.1%
US Market
1 Year Return
-10.4%
FISV
17.7%
US IT
12.0%
US Market
Return vs Industry: FISV underperformed the US IT industry which returned 17.7% over the past year.
Return vs Market: FISV underperformed the US Market which returned 12% over the past year.
Shareholder returns
| FISV | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.3% | -6.6% | -4.1% |
| 30 Day | -7.1% | -5.1% | -0.2% |
| 90 Day | -4.0% | -2.5% | 2.8% |
| 1 Year | -10.4%-10.4% | 18.9%17.7% | 14.6%12.0% |
| 3 Year | 50.8%50.8% | 78.4%71.6% | 35.8%26.8% |
| 5 Year | 99.7%99.7% | 135.4%117.1% | 75.2%55.6% |
Price Volatility Vs. Market
How volatile is Fiserv's share price compared to the market and industry in the last 5 years?
Simply Wall St News
13 hours ago | Simply Wall St
Are Fiserv, Inc.'s (NASDAQ:FISV) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?1 month ago | Simply Wall St
Fiserv (NASDAQ:FISV) Has A Somewhat Strained Balance Sheet2 months ago | Simply Wall St
Fiserv, Inc. (NASDAQ:FISV) Insiders Have Been SellingValuation
Is Fiserv undervalued compared to its fair value and its price relative to the market?
71.59x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FISV ($95.77) is trading above our estimate of fair value ($85.81)
Significantly Below Fair Value: FISV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FISV is poor value based on its PE Ratio (71.6x) compared to the US IT industry average (30.8x).
PE vs Market: FISV is poor value based on its PE Ratio (71.6x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: FISV is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: FISV is good value based on its PB Ratio (2.1x) compared to the US IT industry average (3.6x).
Next Steps
Future Growth
How is Fiserv forecast to perform in the next 1 to 3 years based on estimates from 27 analysts?
27.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FISV's forecast earnings growth (27.4% per year) is above the savings rate (2.2%).
Earnings vs Market: FISV's earnings (27.4% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FISV's revenue (5.2% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: FISV's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FISV's Return on Equity is forecast to be low in 3 years time (10.2%).
Next Steps
Past Performance
How has Fiserv performed over the past 5 years?
4.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FISV has a large one-off gain of $301.0M impacting its September 30 2020 financial results.
Growing Profit Margin: FISV's current net profit margins (6%) are lower than last year (12.1%).
Past Earnings Growth Analysis
Earnings Trend: FISV's earnings have grown by 4.1% per year over the past 5 years.
Accelerating Growth: FISV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FISV had negative earnings growth (-2.9%) over the past year, making it difficult to compare to the IT industry average (5.9%).
Return on Equity
High ROE: FISV's Return on Equity (2.8%) is considered low.
Next Steps
Financial Health
How is Fiserv's financial position?
Financial Position Analysis
Short Term Liabilities: FISV's short term assets ($14.0B) exceed its short term liabilities ($13.3B).
Long Term Liabilities: FISV's short term assets ($14.0B) do not cover its long term liabilities ($26.4B).
Debt to Equity History and Analysis
Debt Level: FISV's debt to equity ratio (62.9%) is considered high.
Reducing Debt: FISV's debt to equity ratio has reduced from 147.9% to 62.9% over the past 5 years.
Debt Coverage: FISV's debt is well covered by operating cash flow (20.8%).
Interest Coverage: FISV's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Fiserv current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FISV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FISV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FISV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FISV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FISV's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Frank Bisignano (61 yo)
0.25
Tenure
US$41,026,136
Compensation
Mr. Frank J. Bisignano serves as the Chief Executive Officer at Fiserv, Inc. July 1, 2020. Mr. Bisignano serves as the Chief Executive Officer at FDGS Group, LLC and FundsXpress Financial Network, Inc. Mr. ...
CEO Compensation Analysis
Compensation vs Market: Frank's total compensation ($USD41.03M) is above average for companies of similar size in the US market ($USD11.21M).
Compensation vs Earnings: Insufficient data to compare Frank's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.25yrs | US$27.60m | 0.0054% $ 3.4m | |
| President | 0.25yr | US$41.03m | 0.34% $ 215.4m | |
| CFO & Treasurer | 4.58yrs | US$7.31m | 0.0067% $ 4.2m | |
| Executive VP & Senior Group President | 1.25yrs | US$8.59m | 0.0054% $ 3.4m | |
| Executive VP & Senior Group President | 2.75yrs | US$8.48m | 0.0059% $ 3.7m | |
| President of Investment Services Division | 8.92yrs | no data | no data | |
| Chief Accounting Officer | 4.58yrs | no data | 0.0049% $ 3.0m | |
| Chief Information Officer | 2.75yrs | no data | no data | |
| Chief Administrative Officer | 1.25yrs | no data | 0.023% $ 14.5m | |
| Senior VP of Investor Relations | no data | no data | no data | |
| Chief Legal Officer & Secretary | 7.75yrs | US$1.70m | 0.0057% $ 3.6m | |
| Vice President of Corporate Communications | no data | no data | no data |
2.8yrs
Average Tenure
60yo
Average Age
Experienced Management: FISV's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.25yrs | US$27.60m | 0.0054% $ 3.4m | |
| President | 0.25yr | US$41.03m | 0.34% $ 215.4m | |
| Independent Director | 1.25yrs | US$23.25k | 0.0030% $ 1.9m | |
| Independent Lead Director | 1.75yrs | US$385.09k | 0.0013% $ 820.4k | |
| Independent Director | 1.25yrs | US$25.75k | 0.0045% $ 2.8m | |
| Independent Director | 13.17yrs | US$290.80k | 0.0057% $ 3.6m | |
| Independent Director | 8.25yrs | US$310.01k | 0.0030% $ 1.9m | |
| Independent Director | 5.92yrs | US$285.01k | 0.00042% $ 263.0k | |
| Independent Director | 1.25yrs | US$23.25k | 0.0010% $ 626.3k | |
| Independent Director | 2.58yrs | US$285.01k | 0.0010% $ 638.8k |
1.8yrs
Average Tenure
60.5yo
Average Age
Experienced Board: FISV's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Fiserv, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fiserv, Inc.
- Ticker: FISV
- Exchange: NasdaqGS
- Founded: 1984
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: US$62.626b
- Shares outstanding: 669.65m
- Website: https://www.fiserv.com
Number of Employees
Location
- Fiserv, Inc.
- 255 Fiserv Drive
- Brookfield
- Wisconsin
- 53045
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FISV | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Sep 1986 |
| FIV | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Sep 1986 |
| FIV | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Sep 1986 |
| 0IP9 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Sep 1986 |
| FISV * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Sep 1986 |
| FISV | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Sep 1986 |
| FIV | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | Sep 1986 |
| F1IS34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 2 REPR 1 COM | BR | BRL | Dec 2019 |
Biography
Fiserv, Inc., together with its subsidiaries, provides financial services technology worldwide. Its First Data segment provides merchant acquiring, e-commerce, mobile commerce, and other business solutions ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/30 00:14 |
| End of Day Share Price | 2020/10/29 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.