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Fidelity National Information Services NYSE:FIS Stock Report

Last Price


Market Cap







23 Jun, 2022


Company Financials +
FIS fundamental analysis
Snowflake Score
Future Growth3/6
Past Performance2/6
Financial Health4/6

FIS Stock Overview

Fidelity National Information Services, Inc.

Fidelity National Information Services Competitors













Price History & Performance

Summary of all time highs, changes and price drops for Fidelity National Information Services
Historical stock prices
Current Share PriceUS$92.93
52 Week HighUS$152.20
52 Week LowUS$85.00
1 Month Change-7.54%
3 Month Change-4.64%
1 Year Change-36.25%
3 Year Change-23.41%
5 Year Change9.57%
Change since IPO137.25%

Recent News & Updates

Jun 21

Fidelity National Information Services: Even Cheaper, And Beating The Index

I wrote about Fidelity National Information over half a year ago back in November of 2021. Since that article, the company may be down - but less than index. Despite what seems like a negative trend, Fidelity National Information has a not-insignificant upside based on some real appealing fundamentals. I will clarify the upside here - and show you why I'm LONG FIS - aside from why it's fallen less than index.

Shareholder Returns


Return vs Industry: FIS matched the US IT industry which returned -35.5% over the past year.

Return vs Market: FIS underperformed the US Market which returned -20.8% over the past year.

Price Volatility

Is FIS's price volatile compared to industry and market?
FIS volatility
FIS Average Weekly Movement5.0%
IT Industry Average Movement9.8%
Market Average Movement7.9%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: FIS is not significantly more volatile than the rest 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.

About the Company

196865,000Gary Norcross

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 Market Solutions segments. The Merchant Solutions segment offers enterprise acquiring, software-led small- to medium-sized businesses acquiring, and global e-commerce solutions.

Fidelity National Information Services Fundamentals Summary

How do Fidelity National Information Services's earnings and revenue compare to its market cap?
FIS fundamental statistics
Market CapUS$56.50b
Earnings (TTM)US$910.00m
Revenue (TTM)US$14.15b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FIS income statement (TTM)
Cost of RevenueUS$8.81b
Gross ProfitUS$5.34b
Other ExpensesUS$4.43b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)1.50
Gross Margin37.75%
Net Profit Margin6.43%
Debt/Equity Ratio40.7%

How did FIS perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is FIS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FIS?

Other financial metrics that can be useful for relative valuation.

FIS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.3x
Enterprise Value/EBITDA18.1x
PEG Ratio2.5x

Price to Earnings Ratio vs Peers

How does FIS's PE Ratio compare to its peers?

FIS PE Ratio vs Peers
The above table shows the PE ratio for FIS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average30x

Price-To-Earnings vs Peers: FIS is expensive based on its Price-To-Earnings Ratio (62.1x) compared to the peer average (30x).

Price to Earnings Ratio vs Industry

How does FIS's PE Ratio compare vs other companies in the U.S. IT Industry?

Price-To-Earnings vs Industry: FIS is expensive based on its Price-To-Earnings Ratio (62.1x) compared to the US IT industry average (27.5x)

Price to Earnings Ratio vs Fair Ratio

What is FIS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FIS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio62.1x
Fair PE Ratio43.1x

Price-To-Earnings vs Fair Ratio: FIS is expensive based on its Price-To-Earnings Ratio (62.1x) compared to the estimated Fair Price-To-Earnings Ratio (43.1x).

Share Price vs Fair Value

What is the Fair Price of FIS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FIS ($92.93) is trading below our estimate of fair value ($197.44)

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

Price to Earnings Growth Ratio

PEG Ratio: FIS is poor value based on its PEG Ratio (2.5x)

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Future Growth

How is Fidelity National Information Services forecast to perform in the next 1 to 3 years based on estimates from 32 analysts?

Future Growth Score


Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FIS's forecast earnings growth (24.9% per year) is above the savings rate (1.9%).

Earnings vs Market: FIS's earnings (24.9% per year) are forecast to grow faster than the US market (13.8% per year).

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

Revenue vs Market: FIS's revenue (6.7% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: FIS's revenue (6.7% 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 (10.8%).

Discover growth companies

Past Performance

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

Past Performance Score


Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FIS has high quality earnings.

Growing Profit Margin: FIS became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: FIS's earnings have declined by 30.1% per year over the past 5 years.

Accelerating Growth: FIS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FIS has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (21.4%).

Return on Equity

High ROE: FIS's Return on Equity (1.9%) is considered low.

Discover strong past performing companies

Financial Health

How is Fidelity National Information Services's financial position?

Financial Health Score


Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: FIS's short term assets ($10.1B) do not cover its short term liabilities ($13.8B).

Long Term Liabilities: FIS's short term assets ($10.1B) do not cover its long term liabilities ($20.2B).

Debt to Equity History and Analysis

Debt Level: FIS's net debt to equity ratio (37.4%) is considered satisfactory.

Reducing Debt: FIS's debt to equity ratio has reduced from 95.2% to 40.7% over the past 5 years.

Debt Coverage: FIS's debt is well covered by operating cash flow (25.3%).

Interest Coverage: FIS's interest payments on its debt are well covered by EBIT (7.7x coverage).

Balance Sheet

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

Dividend Score


Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: FIS's dividend (2.02%) is higher than the bottom 25% of dividend payers in the US market (1.63%).

High Dividend: FIS's dividend (2.02%) is low compared to the top 25% of dividend payers in the US market (4.34%).

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.

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (110.5%), FIS's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (32.6%), FIS's dividend payments are well covered by cash flows.

Discover strong dividend paying companies


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


Average management tenure


Gary Norcross (55 yo)





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 ($USD25.02M) is above average for companies of similar size in the US market ($USD13.69M).

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 considered experienced (3.1 years average tenure).

Board Members

Experienced Board: FIS's board of directors are considered experienced (3.5 years average tenure).


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 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
  • Implied Market Cap: US$56.496b
  • Shares outstanding: 607.95m
  • Website:

Number of Employees


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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/23 00:00
End of Day Share Price2022/06/23 00:00
Annual Earnings2021/12/31

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.