Fair Isaac
Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions. The last earnings update was 77 days ago. More info.
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FICO Share Price and Events
7 Day Returns
1 Year Returns
FICO Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Fair Isaac (FICO) | 0.3% | 10.7% | 23.1% | 64.2% | 188.6% | 437.8% |
| US Software | 1.7% | 6.7% | 10.5% | 26.3% | 126.5% | 163.7% |
| US Market | 1.1% | 4.3% | 2.9% | 4.7% | 37.7% | 43.6% |
1 Year Return vs Industry and Market
- FICO outperformed the Software industry which returned 26.3% over the past year.
- FICO outperformed the Market in United States of America which returned 4.7% over the past year.
FICO Value
Is Fair Isaac undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Fair Isaac
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Fair Isaac.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 3 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9.5% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Software Unlevered Beta | Simply Wall St/ S&P Global | 1.12 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.12 (1 + (1- 21%) (8.37%)) |
1.13 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.13 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.13 * 5.96%) |
9.47% |
Discounted Cash Flow Calculation for NYSE:FICO using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Fair Isaac is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 9.47%) |
|
|---|---|---|---|
| 2020 | 223.56 | Est @ 4.44% | 204.23 |
| 2021 | 232.34 | Est @ 3.93% | 193.89 |
| 2022 | 240.63 | Est @ 3.57% | 183.45 |
| 2023 | 248.61 | Est @ 3.32% | 173.14 |
| 2024 | 256.41 | Est @ 3.14% | 163.14 |
| 2025 | 264.15 | Est @ 3.02% | 153.53 |
| 2026 | 271.89 | Est @ 2.93% | 144.36 |
| 2027 | 279.70 | Est @ 2.87% | 135.66 |
| 2028 | 287.61 | Est @ 2.83% | 127.44 |
| 2029 | 295.66 | Est @ 2.8% | 119.68 |
| Present value of next 10 years cash flows | $1,598.52 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2029
× (1 + g) ÷ (Discount Rate – g)
= $295.66 × (1 + 2.73%) ÷ (9.47% – 2.73%) |
$4,509.32 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $4,509.32 ÷ (1 + 9.47%)10 |
$1,825.30 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $1,598.52 + $1,825.30 |
$3,423.82 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $3,423.82 / 28.99 |
$118.1 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $118.10 |
| Current discount | Discount to share price of
$339.00
= -1 x ($339.00 - $118.10) / $118.10 |
-187% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Fair Isaac is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Fair Isaac's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Fair Isaac's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $5.20 |
| NYSE:FICO Share Price ** | NYSE (2019-07-16) in USD | $339 |
| United States of America Software Industry PE Ratio | Median Figure of 81 Publicly-Listed Software Companies | 52.12x |
| United States of America Market PE Ratio | Median Figure of 3,084 Publicly-Listed Companies | 17.98x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Fair Isaac.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:FICO Share Price ÷ EPS (both in USD) = 339 ÷ 5.20 |
65.24x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Fair Isaac is overvalued based on earnings compared to the US Software industry average.
- Fair Isaac is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Fair Isaac's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 65.24x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts |
15.2%per year |
| United States of America Software Industry PEG Ratio | Median Figure of 68 Publicly-Listed Software Companies | 3.08x |
| United States of America Market PEG Ratio | Median Figure of 2,125 Publicly-Listed Companies | 1.58x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 65.24x ÷ 15.2% |
4.3x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Fair Isaac is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Fair Isaac's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $8.52 |
| NYSE:FICO Share Price * | NYSE (2019-07-16) in USD | $339 |
| United States of America Software Industry PB Ratio | Median Figure of 223 Publicly-Listed Software Companies | 5.9x |
| United States of America Market PB Ratio | Median Figure of 5,240 Publicly-Listed Companies | 1.81x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:FICO Share Price ÷ Book Value per Share (both in USD) = 339 ÷ 8.52 |
39.8x |
* Primary Listing of Fair Isaac.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Fair Isaac is overvalued based on assets compared to the US Software industry average.
Value checks
We assess Fair Isaac's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Software industry average (and greater than 0)? (1 check) Fair Isaac has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
FICO Future Performance
How is Fair Isaac expected to perform in the next 1 to 3 years based on estimates from 3 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Fair Isaac's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Fair Isaac's earnings growth is expected to exceed the United States of America market average.
- Fair Isaac's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:FICO Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts | 15.2% |
| NYSE:FICO Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts | 7.8% |
| United States of America Software Industry Earnings Growth Rate | Market Cap Weighted Average | 18.1% |
| United States of America Software Industry Revenue Growth Rate | Market Cap Weighted Average | 11.9% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.1% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.5% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-09-30 | 1,550 | 1 | ||
| 2022-09-30 | 1,434 | 1 | ||
| 2021-09-30 | 1,341 | 230 | 2 | |
| 2020-09-30 | 1,242 | 190 | 3 | |
| 2019-09-30 | 1,138 | 169 | 3 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 1,084 | 242 | 152 |
| 2018-12-31 | 1,062 | 243 | 150 |
| 2018-09-30 | 1,032 | 223 | 142 |
| 2018-06-30 | 1,001 | 217 | 136 |
| 2018-03-31 | 973 | 204 | 129 |
| 2017-12-31 | 945 | 221 | 123 |
| 2017-09-30 | 932 | 226 | 128 |
| 2017-06-30 | 915 | 204 | 120 |
| 2017-03-31 | 923 | 217 | 130 |
| 2016-12-31 | 901 | 193 | 128 |
| 2016-09-30 | 881 | 210 | 109 |
| 2016-06-30 | 878 | 224 | 111 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
All data from Fair Isaac Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-09-30 | 10.94 | 10.94 | 10.94 | 1.00 |
| 2022-09-30 | 8.89 | 8.89 | 8.89 | 1.00 |
| 2021-09-30 | 7.37 | 7.59 | 7.14 | 2.00 |
| 2020-09-30 | 6.40 | 6.73 | 5.87 | 3.00 |
| 2019-09-30 | 5.61 | 5.70 | 5.45 | 3.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 5.20 |
| 2018-12-31 | 5.08 |
| 2018-09-30 | 4.79 |
| 2018-06-30 | 4.54 |
| 2018-03-31 | 4.26 |
| 2017-12-31 | 4.02 |
| 2017-09-30 | 4.16 |
| 2017-06-30 | 3.89 |
| 2017-03-31 | 4.19 |
| 2016-12-31 | 4.12 |
| 2016-09-30 | 3.52 |
| 2016-06-30 | 3.55 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Fair Isaac will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Fair Isaac's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Fair Isaac has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
FICO Past Performance
How has Fair Isaac performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Fair Isaac's year on year earnings growth rate has been positive over the past 5 years.
- Fair Isaac's 1-year earnings growth exceeds its 5-year average (17.3% vs 12.2%)
- Fair Isaac's earnings growth has not exceeded the US Software industry average in the past year (17.3% vs 22%).
Earnings and Revenue History
All data from Fair Isaac Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 1,084.34 | 151.76 | 399.08 | 140.00 |
| 2018-12-31 | 1,062.37 | 149.54 | 390.28 | 134.84 |
| 2018-09-30 | 1,032.48 | 142.42 | 380.36 | 128.38 |
| 2018-06-30 | 1,001.33 | 136.45 | 369.41 | 124.20 |
| 2018-03-31 | 972.81 | 129.32 | 354.82 | 119.56 |
| 2017-12-31 | 944.93 | 123.23 | 344.92 | 113.70 |
| 2017-09-30 | 932.17 | 128.26 | 339.80 | 110.87 |
| 2017-06-30 | 914.79 | 120.32 | 340.96 | 108.42 |
| 2017-03-31 | 922.58 | 130.08 | 344.05 | 107.00 |
| 2016-12-31 | 900.88 | 128.11 | 335.32 | 105.18 |
| 2016-09-30 | 881.36 | 109.45 | 328.94 | 103.67 |
| 2016-06-30 | 878.29 | 110.66 | 322.20 | 102.13 |
| 2016-03-31 | 848.88 | 95.58 | 309.68 | 101.33 |
| 2015-12-31 | 849.31 | 91.34 | 306.04 | 100.82 |
| 2015-09-30 | 838.78 | 86.50 | 300.00 | 98.82 |
| 2015-06-30 | 827.60 | 89.79 | 295.02 | 95.00 |
| 2015-03-31 | 815.84 | 90.43 | 291.93 | 92.63 |
| 2014-12-31 | 794.19 | 92.31 | 284.02 | 87.98 |
| 2014-09-30 | 788.99 | 94.88 | 278.20 | 83.44 |
| 2014-06-30 | 757.74 | 86.83 | 266.92 | 78.85 |
| 2014-03-31 | 743.90 | 85.91 | 264.03 | 74.18 |
| 2013-12-31 | 737.77 | 83.65 | 265.72 | 70.51 |
| 2013-09-30 | 743.44 | 90.10 | 268.40 | 66.97 |
| 2013-06-30 | 739.19 | 82.78 | 271.01 | 66.75 |
| 2013-03-31 | 715.90 | 83.91 | 261.47 | 63.07 |
| 2012-12-31 | 696.09 | 85.43 | 250.86 | 61.03 |
| 2012-09-30 | 676.42 | 92.00 | 238.52 | 59.53 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Whilst Fair Isaac made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
- Fair Isaac used its assets more efficiently than the US Software industry average last year based on Return on Assets.
- Fair Isaac has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Fair Isaac's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Fair Isaac has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
FICO Health
How is Fair Isaac's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Fair Isaac's finances.
The net worth of a company is the difference between its assets and liabilities.
- Fair Isaac's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Fair Isaac's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is not covered by short term assets, assets are 0.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Fair Isaac Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 247.48 | 822.37 | 76.89 |
| 2018-12-31 | 227.90 | 832.16 | 79.90 |
| 2018-09-30 | 263.74 | 763.94 | 90.02 |
| 2018-06-30 | 294.64 | 758.71 | 119.93 |
| 2018-03-31 | 370.70 | 703.87 | 107.87 |
| 2017-12-31 | 385.64 | 663.83 | 94.21 |
| 2017-09-30 | 426.54 | 604.80 | 105.62 |
| 2017-06-30 | 432.76 | 611.77 | 130.67 |
| 2017-03-31 | 427.10 | 625.72 | 115.85 |
| 2016-12-31 | 421.91 | 620.67 | 88.10 |
| 2016-09-30 | 446.83 | 570.62 | 75.93 |
| 2016-06-30 | 428.04 | 601.00 | 118.16 |
| 2016-03-31 | 425.38 | 611.00 | 85.37 |
| 2015-12-31 | 422.17 | 619.00 | 90.71 |
| 2015-09-30 | 437.00 | 608.00 | 86.12 |
| 2015-06-30 | 396.66 | 648.00 | 84.36 |
| 2015-03-31 | 381.16 | 658.00 | 86.84 |
| 2014-12-31 | 403.22 | 607.00 | 94.65 |
| 2014-09-30 | 454.61 | 546.00 | 105.08 |
| 2014-06-30 | 479.17 | 530.00 | 93.11 |
| 2014-03-31 | 533.58 | 483.00 | 108.18 |
| 2013-12-31 | 539.42 | 478.00 | 95.94 |
| 2013-09-30 | 530.68 | 470.00 | 83.18 |
| 2013-06-30 | 515.24 | 485.00 | 93.02 |
| 2013-03-31 | 530.23 | 504.00 | 131.15 |
| 2012-12-31 | 508.73 | 504.00 | 90.84 |
| 2012-09-30 | 474.41 | 504.00 | 93.62 |
- Fair Isaac's level of debt (332.3%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (90.7% vs 332.3% today).
- Debt is well covered by operating cash flow (29.4%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 5.9x coverage).
Financial health checks
We assess Fair Isaac's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Fair Isaac has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
FICO Dividends
What is Fair Isaac's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Fair Isaac
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Fair Isaac's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Fair Isaac's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
| United States of America Software Industry Average Dividend Yield | Market Cap Weighted Average of 22 Stocks | 1.3% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2017 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-09-30 | ||
| 2022-09-30 | ||
| 2021-09-30 | 0.00 | 1.00 |
| 2020-09-30 | 0.00 | 1.00 |
| 2019-09-30 | 0.00 | 1.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-04-30 | 0.000 | 0.000 |
| 2019-01-30 | 0.000 | 0.000 |
| 2018-11-09 | 0.000 | 0.000 |
| 2018-11-01 | 0.000 | 0.000 |
| 2018-07-26 | 0.000 | 0.000 |
| 2018-04-26 | 0.000 | 0.000 |
| 2018-01-25 | 0.000 | 0.000 |
| 2017-11-09 | 0.000 | 0.000 |
| 2017-11-01 | 0.000 | 0.000 |
| 2017-07-31 | 0.000 | 0.000 |
| 2017-02-16 | 0.080 | 0.060 |
| 2016-10-27 | 0.080 | 0.067 |
| 2016-08-25 | 0.080 | 0.063 |
| 2016-05-12 | 0.080 | 0.069 |
| 2016-02-25 | 0.080 | 0.077 |
| 2015-10-29 | 0.080 | 0.088 |
| 2015-08-27 | 0.080 | 0.093 |
| 2015-05-14 | 0.080 | 0.089 |
| 2015-02-25 | 0.080 | 0.091 |
| 2014-10-29 | 0.080 | 0.110 |
| 2014-08-20 | 0.080 | 0.140 |
| 2014-07-28 | 0.080 | 0.142 |
| 2014-02-12 | 0.080 | 0.141 |
| 2013-11-06 | 0.080 | 0.138 |
| 2013-08-21 | 0.080 | 0.147 |
| 2013-05-15 | 0.080 | 0.163 |
| 2013-02-13 | 0.080 | 0.178 |
| 2012-11-07 | 0.080 | 0.186 |
| 2012-08-22 | 0.080 | 0.180 |
| 2012-05-01 | 0.080 | 0.189 |
| 2012-02-08 | 0.080 | 0.192 |
| 2011-11-30 | 0.080 | 0.217 |
| 2011-08-24 | 0.080 | 0.302 |
| 2011-05-03 | 0.080 | 0.280 |
| 2011-02-02 | 0.080 | 0.281 |
| 2010-11-17 | 0.080 | 0.335 |
| 2010-08-25 | 0.080 | 0.330 |
| 2010-05-05 | 0.080 | 0.348 |
| 2010-02-03 | 0.080 | 0.335 |
| 2009-11-17 | 0.080 | 0.390 |
| 2009-08-25 | 0.080 | 0.374 |
| 2009-05-05 | 0.080 | 0.462 |
| 2009-02-04 | 0.080 | 0.596 |
| 2008-11-19 | 0.080 | 0.562 |
| 2008-08-27 | 0.080 | 0.450 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Fair Isaac has not reported any payouts.
- Unable to verify if Fair Isaac's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Fair Isaac's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Fair Isaac afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Fair Isaac has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
FICO Management
CEO
| COMPENSATION | $12,247,481 |
| AGE | 61 |
| TENURE AS CEO | 7.5 years |
CEO Bio
Mr. William J. Lansing, also known as Will, J.D., has been the Chief Executive Officer of Fair Isaac Corporation since January 27, 2012 and also serves as its President. Mr. Lansing serves as an Advisor at i-Hatch Ventures, LLC. Mr. Lansing served as the President and Chief Executive Officer of InfoSpace Inc. from February 2, 2009 to November 2010 and of ValueVision Media Inc. (also known as EVINE Live Inc.) from 2004 to October 26, 2007. He joined InfoSpace Inc. on February 2, 2009. Mr. Lansing served as a General Partner at General Atlantic Partners from September 2001 to 2003. Prior to General Atlantic, he served as the Chief Executive Officer at NBC Internet Inc. from March 2000 to August 2001. From March 1998 to March 2000, Mr. Lansing served as the President and Chief Executive Officer at Fingerhut Companies Inc. He joined Fingerhut in May 1998. Mr. Lansing served as the Vice President of Business Development at General Electric Co. from October 1996 to May 1998. He also served as a Member of General Electric's Corporate Executive Council. Prior to General Electric, Mr. Lansing served as the Chief Operating Officer and Executive Vice President of Prodigy Communications Corp. from January 1996 to October 1996. He was also a Partner at McKinsey & Company, Inc. from October 1986 to January 1996, where he was a leader of the Internet practice. Mr. Lansing also served as a Consultant at it as a securities lawyer. He has been Chairman of the Board for Shutterfly, Inc. since February 22, 2017. He served as the Chairman of Federated Direct, Inc. and Fingerhut Companies Inc. He has been a Director of Fair Isaac Corporation since February 2006. He serves as a Director of PCFlowers.com., BigStar.com, Freeshop.com and Mountainzone.com. He served as Lead Independent Director of Rightnow Technologies Inc. from June 2008 to January 25, 2012 and its Director since until January 25, 2012. He has been Director at EXE Technologies, Inc. since March 2002. Mr. Lansing was a Member of Advisory Board at Avangate B.V. since August 16, 2011 & 2Checkout.com, Inc. He served as an Executive Director of ValueVision Media Inc. until October 26, 2007. He serves as Director at Aptimus, Inc. He served as a Director at Select Comfort Corporation. He served as a Director of Digital River Inc. from November 1998 to May 28, 2009, NBC Internet since March 2000, BigStar Entertainment Inc., Net Perceptions Inc. from May 1999 to August 22, 2003, InfoSpace Inc. from February 2, 2009 to November 2010 and Perfect Commerce, Inc., Prior to the Acquisition by eScout.com. Mr. Lansing received a JD from Georgetown University in 1985 and a BA in English from Wesleyan University in 1980.
CEO Compensation
- Will's compensation has been consistent with company performance over the past year, both up more than 20%.
- Will's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Fair Isaac management team in years:
- The average tenure for the Fair Isaac management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Will Lansing
President
$12M
61
7.5 yrs
Mike Pung
Executive VP
$3M
56
8.7 yrs
Stuart Wells
Executive VP & Chief Product and Technology Officer
$4M
63
7.3 yrs
Wayne Huyard
Executive Vice President of Sales
$4M
60
4.7 yrs
Jim Wehmann
Executive Vice President of Scores
$4M
54
7.3 yrs
Michael Leonard
VP & Chief Accounting Officer
54
7.7 yrs
Claus Moldt
Chief Information Officer
3.3 yrs
Mark Scadina
Executive VP
$2M
50
12.1 yrs
Rich Deal
Executive VP & Chief Human Resources Officer
$998K
52
18.5 yrs
Andrew Jennings
Senior VP of Scores & Analytics and Head of FICO Labs
64
11.8 yrs
Board of Directors Tenure
Average tenure and age of the Fair Isaac board of directors in years:
- The tenure for the Fair Isaac board of directors is about average.
Board of Directors
Braden Kelly
Chairman of the Board
$487K
48
3.4 yrs
Will Lansing
President
$12M
61
13.4 yrs
Skip Battle
Director
$352K
75
22.9 yrs
Jim Kirsner
Director
$352K
75
12.4 yrs
David Rey
Director
$326K
68
7.8 yrs
Joanna Rees
Director
$311K
57
4.4 yrs
Marc McMorris
Director
$351K
51
3.8 yrs
Eva Manolis
Director
$467K
55
1.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 12. Mar 19 | Sell | Michael Pung | Individual | 12. Mar 19 | 12. Mar 19 | -4 | $255.00 | $-943 | ||
| 14. Feb 19 | Sell | Mark Scadina | Individual | 12. Feb 19 | 13. Feb 19 | -4,942 | $239.85 | $-1,185,103 | ||
| 12. Feb 19 | Sell | Wayne Huyard | Individual | 11. Feb 19 | 11. Feb 19 | -5,000 | $237.00 | $-1,179,563 | ||
| 06. Feb 19 | Sell | Wayne Huyard | Individual | 04. Feb 19 | 04. Feb 19 | -5,000 | $229.48 | $-1,147,388 | ||
| 15. Nov 18 | Buy | A. Battle | Individual | 13. Nov 18 | 13. Nov 18 | 5,230 | $191.84 | $996,688 | ||
| 17. Aug 18 | Sell | David Rey | Individual | 16. Aug 18 | 16. Aug 18 | -7,374 | $215.38 | $-1,588,212 | ||
Management checks
We assess Fair Isaac's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Fair Isaac has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
FICO News
Simply Wall St News
Fair Isaac Corporation (NYSE:FICO) Earns Among The Best Returns In Its Industry
Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Fair Isaac: 0.25 = US$221m ÷ (US$1.3b - US$437m) (Based on the trailing twelve months to March 2019.) So, Fair Isaac has an ROCE of 25%. … How Fair Isaac's Current Liabilities Impact Its ROCE Short term (or current) liabilities, are things like supplier invoices, overdrafts, or tax bills that need to be paid within 12 months. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.
Simply Wall St - – Full articleHave Investors Priced In Fair Isaac Corporation's (NYSE:FICO) Growth?
Fair Isaac is trading at price-to-earnings (PE) ratio of 60.95x, this also tells us the stock is overvalued based on current earnings compared to the Software industry average of 51.57x , and overvalued compared to the US market average ratio of 18.24x. … But, to properly examine the value of a high-growth stock such as Fair Isaac, we must reflect its earnings growth into the valuation. … This means that, when we account for Fair Isaac's growth, the stock can be viewed as overvalued , based on the fundamentals.
Simply Wall St - – Full articleHave Insiders Been Selling Fair Isaac Corporation (NYSE:FICO) Shares?
So shareholders might well want to know whether insiders have been buying or selling shares in Fair Isaac Corporation (NYSE:FICO). … See our latest analysis for Fair Isaac The Last 12 Months Of Insider Transactions At Fair Isaac Over the last year, we can see that the biggest insider sale was by the Director, David Rey, for US$1.6m worth of shares, at about US$215 per share. … It's heartening that insiders own plenty of stock, but we'd like to see more insider buying, since the last year of Fair Isaac insider transactions don't fill us with confidence.
Simply Wall St - – Full articleShould You Be Excited About Fair Isaac Corporation's (NYSE:FICO) 61% Return On Equity?
The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Fair Isaac: 61% = US$152m ÷ US$247m (Based on the trailing twelve months to March 2019.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … Does Fair Isaac Have A Good Return On Equity? … Fair Isaac's Debt And Its 61% ROE It seems that Fair Isaac uses a lot of debt to fund the business, since it has a high debt to equity ratio of 3.32.
Simply Wall St - – Full articleHere's Why I Think Fair Isaac (NYSE:FICO) Is An Interesting Stock
So if you're like me, you might be more interested in profitable, growing companies, like Fair Isaac (NYSE:FICO). … We would not expect to see insiders owning a large percentage of a US$8.5b company like Fair Isaac. … You can't deny that Fair Isaac has grown its earnings per share at a very impressive rate.
Simply Wall St - – Full articleIs Fair Isaac Corporation (NYSE:FICO) Potentially Undervalued?
Fair Isaac Corporation (NYSE:FICO), which is in the software business, and is based in United States,. … As a well-established company, which tends to be well-covered by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … Let’s take a look at Fair Isaac’s outlook and value based on the most recent financial data to see if the opportunity still exists
Simply Wall St - – Full articleDo You Like Fair Isaac Corporation (NYSE:FICO) At This P/E Ratio?
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … Based on the last twelve months, Fair Isaac's P/E ratio is 54.93. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleHere's What Fair Isaac Corporation's (NYSE:FICO) ROCE Can Tell Us
To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.
Simply Wall St - – Full articleDoes The Hype Around Fair Isaac Corporation's (NYSE:FICO) Growth Justify Its March Share Price?
Fair Isaac Corporation (NYSE:FICO) is considered a high-growth stock, but its last closing price of $263.38 left some investors wondering if this high future earnings potential can be rationalized by its current price tag. … What can we expect from Fair Isaac in the future. … According to the analysts covering the company, the following few years should bring about good growth prospects for Fair Isaac
Simply Wall St - – Full articleCan Fair Isaac Corporation's (NYSE:FICO) ROE Continue To Surpass The Industry Average?
Our data shows Fair Isaac has a return on equity of 66% for the last year. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.66 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleFICO Company Info
Description
Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions. The company offers analytical solutions, credit scoring, and credit account management products and services to banks, credit reporting agencies, credit card processing agencies, insurers, retailers, healthcare organizations, and public agencies. It operates through three segments: Applications, Scores, and Decision Management Software. The Applications segment offers pre-configured decision management applications designed for various business problems or processes, such as marketing, account origination, customer management, fraud, collection, and insurance claims management, as well as associated professional services. The Scores segment provides business-to-business scoring solutions and services, including myFICO solutions for consumers that give clients access to analytics to be integrated into their transaction streams and decision-making processes, as well as associated professional services. The Decision Management Software segment offers analytic and decision management software tools, as well as associated professional services. The company offers a portfolio of applications, tools, and services in the cloud to clients through its FICO Analytic Cloud, FICO Decision Management Suite, and FICO Decision Management Platform. Fair Isaac Corporation markets its products and services primarily through its direct sales organization; indirect channels; subsidiary sales organizations; and resellers and independent distributors, as well as online. It operates in the United States, the United Kingdom, and internationally. The company was formerly known as Fair Isaac & Company, Inc. and changed its name to Fair Isaac Corporation in July 1992. Fair Isaac Corporation was founded in 1956 and is headquartered in San Jose, California.
Details
| Name: | Fair Isaac Corporation |
| FICO | |
| Exchange: | NYSE |
| Founded: | 1956 |
| $9,827,618,814 | |
| 28,990,026 | |
| Website: | http://www.fico.com |
| Address: |
Fair Isaac Corporation 181 Metro Drive, Suite 700, San Jose, California, 95110, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | FICO | Common Stock | New York Stock Exchange | US | USD | 22. Jul 1987 | |
| DB | FRI | Common Stock | Deutsche Boerse AG | DE | EUR | 22. Jul 1987 | |
| LSE | 0TIQ | Common Stock | London Stock Exchange | GB | USD | 22. Jul 1987 |
Number of employees
Current staff
Industry
| Application Software | |
| Software |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/07/16 23:36 |
| End of day share price update: | 2019/07/16 00:00 |
| Last estimates confirmation: | 2019/07/08 |
| Last earnings filing: | 2019/04/30 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/09/30 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
