Fidelity National Information Services
Market Cap
US$77.2b
Last Updated
2020/03/31 02:44 UTC
Data Sources
Company Financials +
Executive Summary
Fidelity National Information Services, Inc.
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Reasonable growth potential and fair value.
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
Stable Share Price: FIS's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
5.1%
FIS
8.3%
US IT
7.2%
US Market
1 Year Return
9.8%
FIS
-2.8%
US IT
-10.4%
US Market
Return vs Industry: FIS exceeded the US IT industry which returned -5% over the past year.
Return vs Market: FIS exceeded the US Market which returned -12.7% over the past year.
Shareholder returns
| FIS | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.1% | 8.3% | 7.2% |
| 30 Day | -10.3% | -12.6% | -12.6% |
| 90 Day | -9.9% | -15.2% | -19.4% |
| 1 Year | 11.0%9.8% | -1.8%-2.8% | -8.5%-10.4% |
| 3 Year | 64.1%58.3% | 63.1%56.0% | 15.8%8.3% |
| 5 Year | 97.1%84.5% | 92.0%75.1% | 35.8%21.0% |
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
1 week ago | Simply Wall St
How Much Did Fidelity National Information Services, Inc.'s (NYSE:FIS) CEO Pocket Last Year?3 weeks ago | Simply Wall St
Don't Buy Fidelity National Information Services, Inc. (NYSE:FIS) For Its Next Dividend Without Doing These Checks1 month ago | Simply Wall St
Is There An Opportunity With Fidelity National Information Services, Inc.'s (NYSE:FIS) 33% Undervaluation?Valuation
Is Fidelity National Information Services undervalued compared to its fair value and its price relative to the market?
30.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FIS ($120.1) is trading below our estimate of fair value ($180.43)
Significantly Below Fair Value: FIS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FIS is poor value based on its PE Ratio (179.3x) compared to the IT industry average (23.1x).
PE vs Market: FIS is poor value based on its PE Ratio (179.3x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: FIS is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: FIS is good value based on its PB Ratio (1.5x) compared to the US IT industry average (2.8x).
Next Steps
Future Growth
How is Fidelity National Information Services forecast to perform in the next 1 to 3 years based on estimates from 28 analysts?
55.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FIS's forecast earnings growth (54.9% per year) is above the savings rate (1.7%).
Earnings vs Market: FIS's earnings (54.9% per year) are forecast to grow faster than the US market (12.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FIS's revenue (11.3% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: FIS's revenue (11.3% 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 (5.4%).
Next Steps
Past Performance
How has Fidelity National Information Services performed over the past 5 years?
7.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FIS has a large one-off loss of $824.0M impacting its December 31 2019 financial results.
Growing Profit Margin: FIS's current net profit margins (2.9%) are lower than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: FIS's earnings have grown by 7.6% 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 (-64.8%) over the past year, making it difficult to compare to the IT industry average (13.4%).
Return on Equity
High ROE: FIS's Return on Equity (0.6%) is considered low.
Next Steps
Financial Health
How is Fidelity National Information Services's financial position?
Financial Position Analysis
Short Term Liabilities: FIS's short term assets ($8.7B) do not cover its short term liabilities ($10.4B).
Long Term Liabilities: FIS's short term assets ($8.7B) do not cover its long term liabilities ($24.0B).
Debt to Equity History and Analysis
Debt Level: FIS's debt to equity ratio (40.8%) is considered high.
Reducing Debt: FIS's debt to equity ratio has reduced from 75.5% to 40.8% over the past 5 years.
Debt Coverage: FIS's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: FIS's interest payments on its debt are well covered by EBIT (5.2x 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 0.4x debt).
Next Steps
Dividend
What is Fidelity National Information Services's current dividend yield, its reliability and sustainability?
1.12%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FIS's dividend (1.17%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: FIS's dividend (1.17%) is low compared to the top 25% of dividend payers in the US market (5.49%).
Stability and Growth of Payments
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 high payout ratio (209.1%), FIS's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FIS's dividends in 3 years are forecast to be well covered by earnings (19.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Gary Norcross (53yo)
5.17s
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 above average for companies of similar size in the US market ($USD11.74M).
Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 5.17yrs | US$18.44m | 0.11% $86.7m | |
| Corporate EVP & CFO | 7yrs | US$6.73m | 0.0092% $7.1m | |
| Corporate Executive VP & Chief Legal Officer | 4.25yrs | US$2.88m | 0.0032% $2.4m | |
| President of Banking Solutions | 2.17yrs | US$4.06m | 0.0033% $2.5m | |
| Chief Operating Officer | 0.67yr | no data | 0.00049% $378.4k | |
| Chief Accounting Officer | 0.58yr | no data | 0.0012% $949.8k | |
| Chief Information Officer | 6.17yrs | no data | no data | |
| Executive Vice President of Corporate Finance and Investor Relations | no data | no data | no data | |
| Chief Marketing | 3.83yrs | no data | no data | |
| Corporate Executive VP & Chief People Officer | 3.83yrs | no data | 0.00088% $679.5k |
3.8yrs
Average Tenure
54yo
Average Age
Experienced Management: FIS's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 5.17yrs | US$18.44m | 0.11% $86.7m | |
| Independent Director | 2.42yrs | US$358.33k | 0.00025% $193.0k | |
| Independent Director | 6.83yrs | US$372.48k | 0.0012% $911.2k | |
| Independent Director | 0.67yr | no data | 0.0027% $2.1m | |
| Director | 17.58yrs | US$493.71k | 0.0036% $2.8m | |
| Independent Director | 0.67yr | no data | 0.0011% $849.4k | |
| Lead Independent Director | 0.67yr | no data | 0.0048% $3.7m | |
| Independent Director | 18.67yrs | US$407.73k | 0.0026% $2.0m | |
| Director | 1.67yrs | US$209.79k | 0.00077% $594.6k | |
| Independent Director | 5.67yrs | US$375.73k | 0.0018% $1.4m |
2.1yrs
Average Tenure
66yo
Average Age
Experienced Board: FIS's board of directors are not considered experienced ( 2.1 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 35.7%.
Top Shareholders
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$77.219b
- Shares outstanding: 616.32m
- Website: https://www.fisglobal.com
Number of Employees
Location
- Fidelity National Information Services, Inc.
- 601 Riverside Avenue
- Jacksonville
- Florida
- 32204
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FIS | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Feb 2006 |
| ZGY | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 2006 |
| FIS * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Feb 2006 |
| 0ILW | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Feb 2006 |
| ZGY | BRSE (Berne Stock Exchange) | Yes | Common Stock | CH | CHF | Feb 2006 |
| ZGY | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | Feb 2006 |
| FNIS | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Feb 2006 |
| F1NI34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 4 COM | BR | BRL | Dec 2019 |
Biography
Fidelity National Information Services, Inc. operates as a financial services technology company in the United States and internationally. It operates through three segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions. The Merchant Solutions segment offers merchant acquiring, integrated payment, and global e-commerce solutions. The Banking Solutions segment provides core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail payment solutions; wealth and retirement solutions; and item processing and output services. The Capital Market Solutions segment offers securities processing and finance, global trading, asset management and insurance, and corporate liquidity solutions. The company was founded in 1968 and is headquartered in Jacksonville, Florida.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 02:44 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/12/31 |
| 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.