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Fidelity National Information Services

Market Cap

US$94.4b

Last Updated

2021/04/22 20:10 UTC

Data Sources

Company Financials +

Executive Summary

Fidelity National Information Services, Inc. More Details


Snowflake Analysis

Mediocre balance sheet 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 +/- 4% a week.

Volatility Over Time: FIS's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-0.2%

FIS

-1.5%

US IT

-0.7%

US Market


1 Year Return

25.8%

FIS

65.4%

US IT

58.2%

US Market

Return vs Industry: FIS underperformed the US IT industry which returned 60.7% over the past year.

Return vs Market: FIS underperformed the US Market which returned 55% over the past year.


Shareholder returns

FISIndustryMarket
7 Day-0.2%-1.5%-0.7%
30 Day7.3%5.7%3.2%
90 Day18.1%5.4%4.4%
1 Year27.0%25.8%67.0%65.4%61.0%58.2%
3 Year65.8%60.5%110.3%102.6%66.1%55.5%
5 Year146.4%132.1%207.8%186.9%120.9%96.2%

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?

597.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FIS ($151.78) is trading above our estimate of fair value ($138.99)

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 (594.6x) compared to the US IT industry average (40.2x).

PE vs Market: FIS is poor value based on its PE Ratio (594.6x) compared to the US market (22.3x).


Price to Earnings Growth Ratio

PEG Ratio: FIS is poor value based on its PEG Ratio (16.7x)


Price to Book Ratio

PB vs Industry: FIS is good value based on its PB Ratio (1.9x) compared to the US IT industry average (5x).


Future Growth

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

35.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FIS's forecast earnings growth (35.6% per year) is above the savings rate (2%).

Earnings vs Market: FIS's earnings (35.6% per year) are forecast to grow faster than the US market (17.8% per year).

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

Revenue vs Market: FIS's revenue (7.1% per year) is forecast to grow slower than the US market (9.7% 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 (7.1%).


Past Performance

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

-13.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FIS has a large one-off loss of $994.0M impacting its December 31 2020 financial results.

Growing Profit Margin: FIS's current net profit margins (1.3%) are lower than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: FIS's earnings have declined by 13.2% 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 (-46.7%) over the past year, making it difficult to compare to the IT industry average (8.4%).


Return on Equity

High ROE: FIS's Return on Equity (0.3%) is considered low.


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 ($12.4B).

Long Term Liabilities: FIS's short term assets ($9.9B) do not cover its long term liabilities ($22.0B).


Debt to Equity History and Analysis

Debt Level: FIS's debt to equity ratio (40.4%) is considered high.

Reducing Debt: FIS's debt to equity ratio has reduced from 120.6% to 40.4% over the past 5 years.

Debt Coverage: FIS's debt is well covered by operating cash flow (22.2%).

Interest Coverage: FIS's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Dividend

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

1.02%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FIS's dividend (1.03%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: FIS's dividend (1.03%) is low compared to the top 25% of dividend payers in the US market (3.48%).


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 (548.5%), 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 (21.6% payout ratio).


Next Steps

Management

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

1.9yrs

Average management tenure


CEO

Gary Norcross (54 yo)

6.25yrs

Tenure

US$17,905,009

Compensation

Mr. Gary Adam Norcross serves as the Executive Chairman and Chief Executive Officer of Fidelity National Information Services Inc., since May 30, 2018 and January 1, 2015 respectively and served as its Pre...


CEO Compensation Analysis

Compensation vs Market: Gary's total compensation ($USD17.91M) is above average for companies of similar size in the US market ($USD11.18M).

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


Leadership Team

Experienced Management: FIS's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: FIS's board of directors are not considered experienced ( 2.8 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$94.425b
  • Shares outstanding: 622.12m
  • Website: https://www.fisglobal.com

Number of Employees


Location

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

Listings


Biography

Fidelity National Information Services, Inc. provides technology solutions for merchants, banks, and capital markets firms worldwide. It operates through Merchant Solutions, Banking Solutions, and Capital ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/22 20:10
End of Day Share Price2021/04/21 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.