NasdaqGS:FISV

Stock Analysis Report

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

-2.4%

NasdaqGS:FISV

-1.3%

US IT

-1.9%

US Market


1 Year Return

30.8%

NasdaqGS:FISV

17.3%

US IT

-3.3%

US Market

FISV outperformed the IT industry which returned 17.8% over the past year.

FISV outperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

FISVIndustryMarket
7 Day-2.4%-1.3%-1.9%
30 Day2.3%-4.6%-6.2%
90 Day20.5%5.9%0.3%
1 Year30.8%30.8%18.6%17.3%-1.1%-3.3%
3 Year102.3%102.3%96.0%87.7%37.9%28.9%
5 Year224.7%224.7%137.6%113.4%50.8%34.1%

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

Valuation

Is Fiserv undervalued based on future cash flows and its price relative to the stock market?

43.16x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Fiserv's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Fiserv's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Fiserv is overvalued based on earnings compared to the US IT industry average.

Fiserv is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Fiserv is poor value based on expected growth next year.


Price Based on Value of Assets

Fiserv is overvalued based on assets compared to the US IT industry average.


Next Steps

Future Growth

How is Fiserv expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

15.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Fiserv's revenue is expected to grow by 15.4% yearly, however this is not considered high growth (20% yearly).

Fiserv's earnings are expected to grow by 15.4% yearly, however this is not considered high growth (20% yearly).

Fiserv's revenue growth is expected to exceed the United States of America market average.

Fiserv's earnings growth is expected to exceed the United States of America market average.

Fiserv's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Fiserv is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


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

Fiserv's year on year earnings growth rate has been positive over the past 5 years.

Fiserv's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Fiserv's 1-year earnings growth is negative, it can't be compared to the US IT industry average.


Return on Equity

Whilst Fiserv has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.


Return on Assets

Fiserv used its assets more efficiently than the US IT industry average last year based on Return on Assets.


Return on Capital Employed

Fiserv's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Fiserv's financial position?


Financial Position Analysis

Fiserv is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Fiserv's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Fiserv's level of debt (539.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (110.7% vs 539.6% today).

Debt is not well covered by operating cash flow (11%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 5.1x coverage).


Balance Sheet

Low level of unsold assets.

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 and Payments Analysis

Unable to evaluate Fiserv's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Fiserv's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Fiserv has not reported any payouts.

Unable to verify if Fiserv's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Fiserv has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Fiserv's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Fiserv's salary, the management and board of directors tenure and is there insider trading?

3.4yrs

Average management tenure


CEO

Jeff Yabuki (59yo)

13.7yrs

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

Jeff's remuneration is about average for companies of similar size in United States of America.

Jeff's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.4yrs

Average Tenure

57.5yo

Average Age

The tenure for the Fiserv management team is about average.


Board Age and Tenure

5.9yrs

Average Tenure

59.5yo

Average Age

The tenure for the Fiserv board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$177,90023 May 19
Yabuki Family Foundation, Endowment Arm
EntityCompany
Shares2,000
Max PriceUS$88.95
SellUS$4,242,50021 Feb 19
Jeffery Yabuki
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares50,000
Max PriceUS$84.85

Ownership Breakdown


Management Team

  • Jeff Yabuki (59yo)

    Chairman & CEO

    • Tenure: 13.7yrs
    • Compensation: US$12.41m
  • Marc West (60yo)

    Chief Information Officer

    • Tenure: 1.6yrs
  • Byron Vielehr (56yo)

    Chief Administrative Officer

    • Tenure: 1.4yrs
    • Compensation: US$5.29m
  • Frank Bisignano (60yo)

    President

    • Tenure: 0.0yrs
  • Peter Poillon

    Senior VP of Investor Relations

    • Tenure: 0.0yrs
  • Ken Best (48yo)

    Chief Accounting Officer

    • Tenure: 3.4yrs
  • Lynn McCreary (59yo)

    Chief Legal Officer & Secretary

    • Tenure: 6.6yrs
    • Compensation: US$1.70m
  • Bob Hau (53yo)

    CFO & Treasurer

    • Tenure: 3.4yrs
    • Compensation: US$4.27m
  • Cheryl Nash

    President of Investment Services Division

    • Tenure: 7.8yrs
  • Devin McGranahan (49yo)

    Senior Group President of Billing and Payments

    • Tenure: 2.8yrs
    • Compensation: US$4.22m

Board Members

  • Heidi Miller (66yo)

    Director

    • Tenure: 0.0yrs
  • Denis O'Leary (62yo)

    Lead Director

    • Tenure: 0.0yrs
    • Compensation: US$310.04k
  • Jeff Yabuki (59yo)

    Chairman & CEO

    • Tenure: 13.7yrs
    • Compensation: US$12.41m
  • Scott Nuttall (46yo)

    Director

    • Tenure: 0.0yrs
  • Doyle Simons (55yo)

    Director

    • Tenure: 12.0yrs
    • Compensation: US$295.04k
  • Frank Bisignano (60yo)

    President

    • Tenure: 0.0yrs
  • Dennis Lynch (71yo)

    Director

    • Tenure: 7.1yrs
    • Compensation: US$306.11k
  • Alison Davis (58yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$285.04k
  • Henrique De Castro (53yo)

    Independent Director

    • Tenure: 0.1yrs
  • Harry DiSimone (64yo)

    Independent Director

    • Tenure: 1.5yrs
    • 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$71.149b
  • Shares outstanding: 679.69m
  • Website: https://www.fiserv.com

Number of Employees


Location

  • Fiserv, Inc.
  • 255 Fiserv Drive
  • Brookfield
  • Wisconsin
  • 53045
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FISVNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDSep 1986
FIVDB (Deutsche Boerse AG)YesCommon StockDEEURSep 1986
FISV *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNSep 1986
FISVWBAG (Wiener Boerse AG)YesCommon StockATEURSep 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 23:36
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.