Market Cap
US$67.3b
Last Updated
2020/08/05 00:31 UTC
Data Sources
Company Financials +
Executive Summary
Fiserv, Inc., together with its subsidiaries, provides financial services technology worldwide.
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
-1.7%
FISV
2.4%
US IT
2.2%
US Market
1 Year Return
-5.1%
FISV
22.7%
US IT
16.2%
US Market
Return vs Industry: FISV underperformed the US IT industry which returned 23.1% over the past year.
Return vs Market: FISV underperformed the US Market which returned 15.9% over the past year.
Shareholder returns
| FISV | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.7% | 2.4% | 2.2% |
| 30 Day | 1.6% | 4.3% | 4.9% |
| 90 Day | -7.1% | 17.5% | 17.8% |
| 1 Year | -5.1%-5.1% | 23.9%22.7% | 18.7%16.2% |
| 3 Year | 61.6%61.6% | 102.9%95.1% | 41.1%32.0% |
| 5 Year | 125.1%125.1% | 148.7%128.7% | 74.5%55.7% |
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
2 months ago | Simply Wall St
Does Fiserv's (NASDAQ:FISV) Statutory Profit Adequately Reflect Its Underlying Profit?3 months ago | Simply Wall St
Why Fiserv, Inc.'s (NASDAQ:FISV) CEO Pay Matters To You3 months ago | Simply Wall St
Why Fiserv, Inc.’s (NASDAQ:FISV) Return On Capital Employed Looks UninspiringValuation
Is Fiserv undervalued compared to its fair value and its price relative to the market?
12.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FISV ($99.65) is trading below our estimate of fair value ($114.08)
Significantly Below Fair Value: FISV is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FISV is poor value based on its PE Ratio (54.9x) compared to the US IT industry average (30.6x).
PE vs Market: FISV is poor value based on its PE Ratio (54.9x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: FISV is poor value based on its PEG Ratio (1.9x)
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 22 analysts?
28.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FISV's forecast earnings growth (28.4% per year) is above the savings rate (2.2%).
Earnings vs Market: FISV's earnings (28.4% per year) are forecast to grow faster than the US market (22.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FISV's revenue (6.4% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: FISV's revenue (6.4% 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 (10.8%).
Next Steps
Past Performance
How has Fiserv performed over the past 5 years?
8.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FISV has high quality earnings.
Growing Profit Margin: FISV's current net profit margins (8.5%) are lower than last year (16.8%).
Past Earnings Growth Analysis
Earnings Trend: FISV's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: FISV's earnings growth over the past year (7.2%) is below its 5-year average (8.1% per year).
Earnings vs Industry: FISV earnings growth over the past year (7.2%) underperformed the IT industry 9.6%.
Return on Equity
High ROE: FISV's Return on Equity (3.2%) is considered low.
Next Steps
Financial Health
How is Fiserv's financial position?
Financial Position Analysis
Short Term Liabilities: FISV's short term assets ($12.9B) exceed its short term liabilities ($12.1B).
Long Term Liabilities: FISV's short term assets ($12.9B) do not cover its long term liabilities ($26.9B).
Debt to Equity History and Analysis
Debt Level: FISV's debt to equity ratio (63.6%) is considered high.
Reducing Debt: FISV's debt to equity ratio has reduced from 120% to 63.6% over the past 5 years.
Debt Coverage: FISV's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: FISV's interest payments on its debt are well covered by EBIT (3.2x 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?
2.6yrs
Average management tenure
CEO
Frank Bisignano (61 yo)
0.083
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 ($USD11.35M).
Compensation vs Earnings: Insufficient data to compare Frank's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.08yrs | US$27.60m | 0.019% $ 12.7m | |
| President | 0.083yr | US$41.03m | 0.21% $ 140.6m | |
| CFO & Treasurer | 4.42yrs | US$7.31m | 0.0067% $ 4.5m | |
| Executive VP & Senior Group President | 1.08yrs | US$8.59m | 0.0054% $ 3.6m | |
| Executive VP & Senior Group President | 2.58yrs | US$8.48m | 0.0059% $ 4.0m | |
| President of Investment Services Division | 8.75yrs | no data | no data | |
| Chief Accounting Officer | 4.42yrs | no data | 0.0049% $ 3.3m | |
| Chief Information Officer | 2.58yrs | no data | no data | |
| Chief Administrative Officer | 1.08yrs | no data | 0.019% $ 12.8m | |
| Senior VP of Investor Relations | no data | no data | no data | |
| Chief Legal Officer & Secretary | 7.58yrs | US$1.70m | 0.0057% $ 3.9m | |
| Vice President of Corporate Communications | no data | no data | no data |
2.6yrs
Average Tenure
60yo
Average Age
Experienced Management: FISV's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.08yrs | US$27.60m | 0.019% $ 12.7m | |
| President | 0.083yr | US$41.03m | 0.21% $ 140.6m | |
| Independent Director | 1.08yrs | US$23.25k | 0.0030% $ 2.0m | |
| Independent Lead Director | 1.58yrs | US$385.09k | 0.0013% $ 881.8k | |
| Independent Director | 1.08yrs | US$25.75k | 0.0045% $ 3.0m | |
| Independent Director | 13yrs | US$290.80k | 0.0057% $ 3.9m | |
| Independent Director | 8.08yrs | US$310.01k | 0.0030% $ 2.0m | |
| Independent Director | 5.75yrs | US$285.01k | 0.00042% $ 282.7k | |
| Independent Director | 1.08yrs | US$23.25k | 0.0010% $ 673.1k | |
| Independent Director | 2.5yrs | US$285.01k | 0.0010% $ 686.6k |
1.6yrs
Average Tenure
60.5yo
Average Age
Experienced Board: FISV's board of directors are not considered experienced ( 1.6 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: FISV insiders have only sold shares 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$67.310b
- Shares outstanding: 669.48m
- 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 | 2020/08/05 00:31 |
| End of Day Share Price | 2020/08/04 00:00 |
| Earnings | 2020/03/31 |
| 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.