NYSE:FIS

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Fidelity National Information Services

Executive Summary

Fidelity National Information Services, Inc. More Details

Rewards

Trading at 21% below our estimate of its fair value

Earnings are forecast to grow 48.14% per year

Risk Analysis

No risks detected for FIS from our risk checks.


Snowflake Analysis

Fair value with moderate growth potential.


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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: FIS's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

3.4%

FIS

1.0%

US IT

1.4%

US Market


1 Year Return

-10.3%

FIS

21.9%

US IT

22.6%

US Market

Return vs Industry: FIS underperformed the US IT industry which returned 22.3% over the past year.

Return vs Market: FIS underperformed the US Market which returned 22.8% over the past year.


Shareholder returns

FISIndustryMarket
7 Day3.4%1.0%1.4%
30 Day-0.9%-0.9%4.9%
90 Day-7.5%10.6%14.6%
1 Year-9.5%-10.3%23.1%21.9%25.4%22.6%
3 Year36.1%31.6%86.9%79.9%46.8%37.0%
5 Year144.0%129.5%220.3%198.2%132.0%106.1%

Long-Term 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?

21.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FIS ($133.6) is trading below our estimate of fair value ($169.01)

Significantly Below Fair Value: FIS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FIS is unprofitable, so we can't compare its PE Ratio to the US IT industry average.

PE vs Market: FIS is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FIS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FIS is good value based on its PB Ratio (1.7x) compared to the US IT industry average (4.9x).


Next Steps

Future Growth

How is Fidelity National Information Services forecast to perform in the next 1 to 3 years based on estimates from 33 analysts?

48.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FIS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: FIS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: FIS's is expected to become profitable in the next 3 years.

Revenue vs Market: FIS's revenue (7.1% per year) is forecast to grow slower than the US market (10.5% per year).

High Growth Revenue: FIS's revenue (7.1% 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 (8.6%).


Next Steps

Past Performance

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

-9.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FIS is currently unprofitable.

Growing Profit Margin: FIS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FIS is unprofitable, and losses have increased over the past 5 years at a rate of 9.2% per year.

Accelerating Growth: Unable to compare FIS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FIS is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (4.2%).


Return on Equity

High ROE: FIS has a negative Return on Equity (-0.19%), as it is currently unprofitable.


Next Steps

Financial Health

How is Fidelity National Information Services's financial position?


Financial Position Analysis

Short Term Liabilities: FIS's short term assets ($9.9B) do not cover its short term liabilities ($12.8B).

Long Term Liabilities: FIS's short term assets ($9.9B) do not cover its long term liabilities ($21.2B).


Debt to Equity History and Analysis

Debt Level: FIS's debt to equity ratio (39.8%) is considered satisfactory.

Reducing Debt: FIS's debt to equity ratio has reduced from 76.4% to 39.8% over the past 5 years.

Debt Coverage: FIS's debt is not well covered by operating cash flow (18.8%).

Interest Coverage: FIS is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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

1.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FIS's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: FIS's dividend (1.05%) is low compared to the top 25% of dividend payers in the US market (3.86%).


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: FIS is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: FIS's dividends in 3 years are forecast to be well covered by earnings (22% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.7yrs

Average management tenure


CEO

Gary Norcross (54 yo)

6yrs

Tenure

US$27,658,117

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 ($USD27.66M) is above average for companies of similar size in the US market ($USD10.55M).

Compensation vs Earnings: Gary's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Gary Norcross
Executive Chairman6yrsUS$27.66m0.12%
$ 102.2m
James Woodall
Corporate Executive VP & CFO7.83yrsUS$12.81m0.016%
$ 13.2m
Bruce Lowthers
President of Banking & Merchant Solutions3yrsUS$11.22m0.0090%
$ 7.5m
Ido Gileadi
Chief Operating Officer0.25yrno data0.0041%
$ 3.4m
Christopher Thompson
Corporate Senior VP & Chief Accounting Officer1.42yrsno data0.0013%
$ 1.0m
Nathan Rozof
Executive Vice President of Corporate Finance & Investor Relationsno datano datano data
Marc Mayo
Corporate Executive VP & Chief Legal Officer5.08yrsUS$2.88m0.0060%
$ 5.0m
Nidhi Tuli
Head of Corporate Communications0.33yrno datano data
Ellyn Raftery
Chief Marketing4.67yrsno datano data
Lenore Williams
Corporate Executive VP & Chief People Officer4.75yrsno data0.0026%
$ 2.1m
Gregory Montana
Chief Risk Officer & Corporate Executive VP8.75yrsUS$1.61m0.0024%
$ 2.0m
Kathleen Thompson
Finance Operations Officer1.42yrsno datano data

4.7yrs

Average Tenure

55yo

Average Age

Experienced Management: FIS's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gary Norcross
Executive Chairman6yrsUS$27.66m0.12%
$ 102.2m
Gary Lauer
Independent Director1.5yrsUS$215.03k0.0023%
$ 1.9m
Louise Parent
Independent Director3.25yrsUS$379.08k0.00045%
$ 373.0k
James Stallings
Independent Director7.75yrsUS$369.94k0.0014%
$ 1.1m
Lee Adrean
Independent Director1.5yrsUS$227.53k0.0029%
$ 2.4m
Keith Hughes
Independent Director18.42yrsUS$447.86k0.0033%
$ 2.7m
Lisa Hook
Independent Director1.5yrsUS$242.53k0.0013%
$ 1.1m
Jeffrey Stiefler
Lead Independent Director1.5yrsUS$230.03k0.0049%
$ 4.1m
Brian Shea
Independent Director2.58yrsUS$355.63k0.00077%
$ 638.3k
Ellen Alemany
Independent Director6.58yrsUS$379.94k0.0055%
$ 4.6m
Jeffrey Goldstein
Director1yrno datano data

2.6yrs

Average Tenure

66yo

Average Age

Experienced Board: FIS's board of directors are not considered experienced ( 2.6 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 not been meaningfully diluted in the past year.


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$82.900b
  • Shares outstanding: 620.51m
  • 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
ZGYXTRA (XETRA Trading Platform)YesCommon StockDEEURFeb 2006
ZGYDB (Deutsche Boerse AG)YesCommon StockDEEURFeb 2006
FIS *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNFeb 2006
0ILWLSE (London Stock Exchange)YesCommon StockGBUSDFeb 2006
FNISWBAG (Wiener Boerse AG)YesCommon StockATEURFeb 2006
F1NI34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 16 REP 1 COMBRBRLDec 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 So...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 00:42
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.