Market Cap
US$72.4b
Last Updated
2019/10/16 23:35 UTC
Data Sources
Company Financials +
Executive Summary
Fiserv, Inc., together with its subsidiaries, provides financial services technology worldwide.
Snowflake
Fundamentals
Moderate growth potential with questionable track record.
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
Market Performance
7 Day Return
1.8%
FISV
1.6%
US IT
2.3%
US Market
1 Year Return
34.8%
FISV
23.3%
US IT
5.6%
US Market
Return vs Industry: FISV exceeded the US IT industry which returned 23.3% over the past year.
Return vs Market: FISV exceeded the US Market which returned 5.6% over the past year.
Shareholder returns
| FISV | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.8% | 1.6% | 2.3% |
| 30 Day | 2.8% | -0.08% | -1.0% |
| 90 Day | 10.0% | -2.6% | -0.7% |
| 1 Year | 34.8%34.8% | 24.6%23.3% | 7.9%5.6% |
| 3 Year | 113.5%113.5% | 97.9%89.8% | 45.6%36.3% |
| 5 Year | 232.0%232.0% | 155.5%132.0% | 65.8%47.6% |
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
6 days ago | Simply Wall St
Should We Worry About Fiserv, Inc.'s (NASDAQ:FISV) P/E Ratio?2 weeks ago | Simply Wall St
Does Fiserv, Inc.’s (NASDAQ:FISV) ROCE Reflect Well On The Business?1 month ago | Simply Wall St
A Look At The Intrinsic Value Of Fiserv, Inc. (NASDAQ:FISV)Valuation
Is Fiserv undervalued compared to its fair value and its price relative to the market?
43.93x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: FISV ($106.55) is trading above our estimate of fair value ($104.52)
Significantly Undervalued: 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 (43.9x) compared to the IT industry average (36.4x).
PE vs Market: FISV is poor value based on its PE Ratio (43.9x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: FISV is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: FISV is overvalued based on its PB Ratio (16.4x) compared to the US IT industry average (4.3x).
Next Steps
Future Growth
How is Fiserv forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
18.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FISV's forecast earnings growth (18% per year) is above the savings rate (2.7%).
Earnings vs Market: FISV's earnings (18% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: FISV's earnings are forecast to grow, but not significantly.
Revenue vs Market: FISV's revenue (14.4% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: FISV's revenue (14.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: FISV's Return on Equity is forecast to be low in 3 years time (11.4%).
Next Steps
Past Performance
How has Fiserv performed over the past 5 years?
12.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: FISV's earnings have grown by 12.2% 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 (-33.2%) over the past year, making it difficult to compare to the IT industry average (8.4%).
Return on Equity
High ROE: Whilst FISV's Return on Equity (37.75%) is high, this metric is skewed due to their high level of debt.
Return on Assets
ROA vs Industry: FISV has a higher Return on Assets than the IT industry average last year.
Return on Capital Employed
ROCE Improving: FISV's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Fiserv's financial position?
Financial Position Analysis
Short Term Liabilities: FISV's short term assets ($10.2B) exceeds its short term liabilities ($2.1B)
Long Term Liabilities: FISV's short term assets (10.2B) do not cover its long term liabilities (15.0B)
Debt to Equity History and Analysis
Debt Level: FISV's debt to equity ratio (539.6%) is considered high
Reducing Debt: FISV's debt to equity ratio has increased from 110.7% to 539.6% over the past 5 years.
Debt Coverage: FISV's debt is not well covered by operating cash flow (11%).
Interest Coverage: FISV's interest payments on its debt are well covered by EBIT (5.1x coverage).
Balance Sheet
Inventory Level: FISV has a low level of unsold assets or inventory.
Debt Coverage by Assets: FISV's debt is not covered by short term assets (assets are 0.7x debt).
Next Steps
Dividend
What is Fiserv's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate FISV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FISV's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
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
What is the CEO of Fiserv's salary, the management and board of directors tenure and is there insider trading?
5.2yrs
Average management tenure
CEO
Jeff Yabuki (59yo)
13.8yrs
Tenure
US$12,410,769
Compensation
Mr. Jeffery W. Yabuki, also known as Jeff, B.S., has been the Chief Executive Officer and Chairman of Fiserv, Inc. He has been a Director of First Data Corporation since July 29, 2019. He served as the Chi ...
CEO Compensation Analysis
Compensation vs. Market: Jeff's total compensation ($USD12.41M) is about average for companies of similar size in the US market ($USD11.23M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.2yrs
Average Tenure
59yo
Average Age
Experienced Management: FISV's management team is seasoned and experienced (5.2 years average tenure).
Board Age and Tenure
1.7yrs
Average Tenure
59.5yo
Average Age
Experienced Board: FISV's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: FISV insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 5,000 |
| Max Price | US$106.36 |
| Entity | Individual |
| Role | Chief Administrative Officer Chief Administrative Officer |
| Shares | 46,000 |
| Max Price | US$107.70 |
| Entity | Company |
| Shares | 2,000 |
| Max Price | US$88.95 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 50,000 |
| Max Price | US$84.85 |
Ownership Breakdown
Management Team
Jeff Yabuki (59yo)
Chairman & CEO
- Tenure: 13.8yrs
- Compensation: US$12.41m
Marc West (60yo)
Chief Information Officer
- Tenure: 1.8yrs
Byron Vielehr (56yo)
Executive VP & Senior Group President
- Tenure: 0yrs
- Compensation: US$5.29m
Frank Bisignano (60yo)
President
- Tenure: 0yrs
Guy Chiarello (59yo)
Chief Administrative Officer
- Tenure: 0yrs
Ken Best (48yo)
Chief Accounting Officer
- Tenure: 3.6yrs
Lynn McCreary (59yo)
Chief Legal Officer & Secretary
- Tenure: 6.8yrs
- Compensation: US$1.70m
Bob Hau (53yo)
CFO & Treasurer
- Tenure: 3.6yrs
- Compensation: US$4.27m
Cheryl Nash
President of Investment Services Division
- Tenure: 7.9yrs
Devin McGranahan (49yo)
Executive VP & Senior Group President
- Tenure: 0yrs
- Compensation: US$4.22m
Board Members
Heidi Miller (66yo)
Independent Director
- Tenure: 0.3yrs
Denis O'Leary (62yo)
Lead Director
- Tenure: 0yrs
- Compensation: US$310.04k
Jeff Yabuki (59yo)
Chairman & CEO
- Tenure: 13.8yrs
- Compensation: US$12.41m
Scott Nuttall (46yo)
Independent Director
- Tenure: 0.3yrs
Doyle Simons (55yo)
Independent Director
- Tenure: 12.2yrs
- Compensation: US$295.04k
Frank Bisignano (60yo)
President
- Tenure: 0yrs
Dennis Lynch (71yo)
Independent Director
- Tenure: 7.3yrs
- Compensation: US$306.11k
Alison Davis (58yo)
Independent Director
- Tenure: 4.9yrs
- Compensation: US$285.04k
Henrique De Castro (53yo)
Independent Director
- Tenure: 0.3yrs
Harry DiSimone (64yo)
Independent Director
- Tenure: 1.7yrs
- Compensation: US$314.90k
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$72.420b
- Shares outstanding: 679.69m
- 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 |
| 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 |
Biography
Fiserv, Inc., together with its subsidiaries, provides financial services technology worldwide. The company’s Payments and Industry Products segment provides electronic bill payment and presentment service ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/16 23:35 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.