NYSE:FIS

Stock Analysis Report

Fidelity National Information Services

Executive Summary

Fidelity National Information Services, Inc.

Snowflake

Fundamentals

Reasonable growth potential average dividend payer.


Similar Companies

Share Price & News

How has Fidelity National Information Services's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.0%

FIS

-1.8%

US IT

1.0%

US Market


1 Year Return

24.9%

FIS

20.6%

US IT

8.0%

US Market

Return vs Industry: FIS exceeded the US IT industry which returned 20.6% over the past year.

Return vs Market: FIS exceeded the US Market which returned 8% over the past year.


Shareholder returns

FISIndustryMarket
7 Day-3.0%-1.8%1.0%
30 Day-2.3%-0.9%-0.07%
90 Day-1.0%-5.5%-1.0%
1 Year26.4%24.9%21.9%20.6%10.4%8.0%
3 Year77.0%70.5%93.3%85.4%46.2%36.7%
5 Year144.0%127.8%146.1%123.5%64.3%46.2%

Price Volatility Vs. Market

How volatile is Fidelity National Information Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Fidelity National Information Services undervalued compared to its fair value and its price relative to the market?

55.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FIS ($128.83) is trading above our estimate of fair value ($101.21)

Significantly Below Fair Value: FIS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FIS is poor value based on its PE Ratio (55.5x) compared to the IT industry average (37.1x).

PE vs Market: FIS is poor value based on its PE Ratio (55.5x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

PEG Ratio: FIS is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: FIS is overvalued based on its PB Ratio (4.2x) compared to the US IT industry average (4.3x).


Next Steps

Future Growth

How is Fidelity National Information Services forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?

30.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FIS's forecast earnings growth (30% per year) is above the savings rate (2.7%).

Earnings vs Market: FIS's earnings (30% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FIS's revenue (12.4% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: FIS's revenue (12.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FIS's Return on Equity is forecast to be low in 3 years time (7.4%).


Next Steps

Past Performance

How has Fidelity National Information Services performed over the past 5 years?

14.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: FIS's earnings have grown by 14% per year over the past 5 years.

Accelerating Growth: FIS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FIS had negative earnings growth (-45.6%) over the past year, making it difficult to compare to the IT industry average (9.8%).


Return on Equity

High ROE: FIS's Return on Equity (7.8%) is considered low.


Return on Assets

ROA vs Industry: FIS's Return on Assets is below or equal to the IT industry average last year.


Return on Capital Employed

ROCE Improving: FIS's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Fidelity National Information Services's financial position?


Financial Position Analysis

Short Term Liabilities: FIS's short term assets ($12.5B) exceeds its short term liabilities ($4.2B)

Long Term Liabilities: FIS's short term assets (12.5B) do not cover its long term liabilities (18.7B)


Debt to Equity History and Analysis

Debt Level: FIS's debt to equity ratio (182.6%) is considered high

Reducing Debt: FIS's debt to equity ratio has increased from 73.6% to 182.6% over the past 5 years.

Debt Coverage: FIS's debt is not well covered by operating cash flow (10.9%).

Interest Coverage: FIS's interest payments on its debt are well covered by EBIT (5.3x coverage).


Balance Sheet

Inventory Level: FIS has a low level of unsold assets or inventory.

Debt Coverage by Assets: FIS's debt is not covered by short term assets (assets are 0.7x debt).


Next Steps

Dividend

What is Fidelity National Information Services's current dividend yield, its reliability and sustainability?

1.09%

Current Dividend Yield


Dividend Yield vs Market

company1.1%marketbottom25%1.4%markettop25%3.7%industryaverage1.3%forecastin3Years1.1%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: FIS's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: FIS's dividend (1.09%) is low compared to the top 25% of dividend payers in the US market (3.68%).

Stable Dividend: FIS's dividends per share have been stable in the past 10 years.

Growing Dividend: FIS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (57.8%), FIS's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FIS's dividends in 3 years are forecast to be well covered by earnings (19.4% payout ratio).


Next Steps

Management

What is the CEO of Fidelity National Information Services's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

Gary Norcross (53yo)

4.8yrs

Tenure

US$18,442,389

Compensation

Mr. Gary Adam Norcross serves as the Executive Chairman, President and Chief Executive Officer of Fidelity National Information Services Inc., since May 30, 2018, March 2012 and January 1, 2015 respectivel ...


CEO Compensation Analysis

Compensation vs. Market: Gary's total compensation ($USD18.44M) is about average for companies of similar size in the US market ($USD11.18M).

Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: FIS's management team is considered experienced (2.8 years average tenure).


Board Age and Tenure

5.6yrs

Average Tenure

66.5yo

Average Age

Experienced Board: FIS's board of directors are considered experienced (5.6 years average tenure).


Insider Trading

Insider Buying: FIS insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$816,84020 Aug 19
Lisa Hook
EntityIndividual
Shares6,000
Max PriceUS$136.14
SellUS$1,355,15012 Aug 19
Gary Lauer
EntityIndividual
Shares9,981
Max PriceUS$135.77
SellUS$4,393,74012 Aug 19
Jeffrey Stiefler
EntityIndividual
Shares32,750
Max PriceUS$134.16
SellUS$2,079,48012 Aug 19
Lee Adrean
EntityIndividual
Shares15,500
Max PriceUS$134.16
SellUS$151,96211 Jun 19
James Stallings
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,240
Max PriceUS$122.55
BuyUS$544,14221 Mar 19
Alexander Navab
EntityIndividual
Shares5,075
Max PriceUS$107.22
BuyUS$31,42215 Feb 19
Brian Shea
EntityIndividual
Role
Member of the Board of Directors
Director
Shares310
Max PriceUS$101.43

Ownership Breakdown


Management Team

  • Marc Mayo (64yo)

    Corporate Executive VP & Chief Legal Officer

    • Tenure: 3.8yrs
    • Compensation: US$2.88m
  • Bruce Lowthers (54yo)

    President of Banking Solutions

    • Tenure: 1.8yrs
    • Compensation: US$4.06m
  • Ido Gileadi

    Chief Information Officer

    • Tenure: 5.8yrs
  • Charles Drucker (56yo)

    Executive Vice Chairman

    • Tenure: 0.3yrs
  • Gary Norcross (53yo)

    Executive Chairman

    • Tenure: 4.8yrs
    • Compensation: US$18.44m
  • Marianne Brown (60yo)

    Executive

    • Tenure: 0.3yrs
    • Compensation: US$6.83m
  • Woody Woodall (49yo)

    Corporate EVP & CFO

    • Tenure: 6.6yrs
    • Compensation: US$6.73m
  • Christopher Thompson (55yo)

    Chief Accounting Officer

    • Tenure: 0.2yrs
  • Peter Gunnlaugsson

    Senior Vice President of Corporate Finance & Investor Relations

    • Tenure: 0yrs
  • Stephanie Ferris (45yo)

    Chief Operating Officer

    • Tenure: 0.3yrs

Board Members

  • Louise Parent (69yo)

    Independent Director

    • Tenure: 2yrs
    • Compensation: US$358.33k
  • Les Muma (74yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: US$355.73k
  • Jim Stallings (64yo)

    Independent Director

    • Tenure: 6.5yrs
    • Compensation: US$372.48k
  • Keith Hughes (72yo)

    Lead Independent Director

    • Tenure: 1.7yrs
    • Compensation: US$493.71k
  • Stephan James (72yo)

    Independent Director

    • Tenure: 10yrs
    • Compensation: US$395.73k
  • David Hunt (73yo)

    Independent Director

    • Tenure: 18.3yrs
    • Compensation: US$407.73k
  • Charles Drucker (56yo)

    Executive Vice Chairman

    • Tenure: 0.3yrs
  • Brian Shea (58yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$209.79k
  • Gary Norcross (53yo)

    Executive Chairman

    • Tenure: 4.8yrs
    • Compensation: US$18.44m
  • Ellen Alemany (63yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$375.73k

Company Information

Fidelity National Information Services, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fidelity National Information Services, Inc.
  • Ticker: FIS
  • Exchange: NYSE
  • Founded: 1968
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: US$79.030b
  • Shares outstanding: 613.44m
  • Website: https://www.fisglobal.com

Number of Employees


Location

  • Fidelity National Information Services, Inc.
  • 601 Riverside Avenue
  • Jacksonville
  • Florida
  • 32204
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FISNYSE (New York Stock Exchange)YesCommon StockUSUSDFeb 2006
ZGYDB (Deutsche Boerse AG)YesCommon StockDEEURFeb 2006
FIS *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNFeb 2006
0ILWLSE (London Stock Exchange)YesCommon StockGBUSDFeb 2006

Biography

Fidelity National Information Services, Inc. operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Fina ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 00:06
End of Day Share Price2019/10/21 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.