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Fiserv Inc FI

Morningstar Rating
$148.80 +0.18 (0.12%)
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Company Report

Fiserv Has Successfully Adapted to Industry Changes

Fiserv’s merger with First Data in 2019 kicked off a string of three similar deals that took place in short order. We don’t believe Fiserv’s move was especially attractive relative to the other two, and we don’t believe the company materially strengthened its competitive position as a result. However, we do think there was a valid strategic rationale for these deals.

Price vs Fair Value

FI is trading at a 6% discount.
Price
$148.62
Fair Value
$411.00
Uncertainty
Medium
1-Star Price
$586.60
5-Star Price
$336.80
Economic Moat
Wynhsx
Capital Allocation
Syxdrkp

Bulls Say, Bears Say

Bulls

The bank technology business is very stable, characterized by high amounts of recurring revenue and long-term contracts.

Bears

Since it was built through acquisitions, Fiserv has to maintain multiple core processing platforms, which could limit margins and hamper the quality of its offerings.

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News

Trading Information

Previous Close Price
$148.62
Day Range
$148.00149.77
52-Week Range
$109.12159.99
Bid/Ask
$143.82 / $152.17
Market Cap
$87.61 Bil
Volume/Avg
2.8 Mil / 2.5 Mil

Key Statistics

Price/Earnings (Normalized)
19.42
Price/Sales
4.72
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
5.46%

Company Profile

Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for us banks and credit unions, with a focus on small and midsize banks. Through the merger with First Data in 2019, Fiserv also provides payment processing services for merchants. About 10% of the company’s revenue is generated internationally.
Sector
Technology
Industry
Information Technology Services
Stock Style Box
Large Core
Total Number of Employees
42,000

Competitors

Valuation

Metric
FI
FIS
GPN
Price/Earnings (Normalized)
19.4214.8311.72
Price/Book Value
2.912.141.38
Price/Sales
4.724.213.31
Price/Cash Flow
14.849.2610.97
Price/Earnings
FI
FIS
GPN

Financial Strength

Metric
FI
FIS
GPN
Quick Ratio
0.140.140.39
Current Ratio
1.040.750.99
Interest Coverage
4.851.802.60
Quick Ratio
FI
FIS
GPN

Profitability

Metric
FI
FIS
GPN
Return on Assets (Normalized)
5.61%13.19%5.66%
Return on Equity (Normalized)
15.41%33.35%12.18%
Return on Invested Capital (Normalized)
10.09%18.98%7.94%
Return on Assets
FI
FIS
GPN
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FIS
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CTSH
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GIB
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BR
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