FISERV INC (FI) Stock Fundamental Analysis
USA - NYSE:FI - US3377381088 - Common Stock
131.8 USD
-1.07 (-0.81%)
131.973 USD
+0.17 (+0.13%)
FI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 101 industry peers in the Financial Services industry. While FI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FI had positive earnings in the past year.
FI had a positive operating cash flow in the past year.
In the past 5 years FI has always been profitable.
FI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 4.14%, FI is doing good in the industry, outperforming 74.26% of the companies in the same industry.
FI's Return On Equity of 13.40% is fine compared to the rest of the industry. FI outperforms 71.29% of its industry peers.
FI has a better Return On Invested Capital (9.23%) than 81.19% of its industry peers.
FI had an Average Return On Invested Capital over the past 3 years of 7.07%. This is in line with the industry average of 7.65%.
The last Return On Invested Capital (9.23%) for FI is above the 3 year average (7.07%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.14% | ||
| ROE | 13.4% | ||
| ROIC | 9.23% |
ROA(3y)3.48%
ROA(5y)2.7%
ROE(3y)10.02%
ROE(5y)7.46%
ROIC(3y)7.07%
ROIC(5y)5.33%
1.3 Margins
FI has a better Profit Margin (16.01%) than 67.33% of its industry peers.
FI's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 30.05%, FI is in the better half of the industry, outperforming 74.26% of the companies in the same industry.
In the last couple of years the Operating Margin of FI has grown nicely.
The Gross Margin of FI (61.14%) is better than 74.26% of its industry peers.
FI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.05% | ||
| PM (TTM) | 16.01% | ||
| GM | 61.14% |
OM growth 3Y26.51%
OM growth 5Y12.26%
PM growth 3Y23.02%
PM growth 5Y11.79%
GM growth 3Y6.82%
GM growth 5Y4.7%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FI is creating some value.
Compared to 1 year ago, FI has less shares outstanding
Compared to 5 years ago, FI has less shares outstanding
The debt/assets ratio for FI is higher compared to a year ago.
2.2 Solvency
FI has a debt to FCF ratio of 5.74. This is a neutral value as FI would need 5.74 years to pay back of all of its debts.
The Debt to FCF ratio of FI (5.74) is better than 66.34% of its industry peers.
FI has a Debt/Equity ratio of 1.11. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.11, FI is in line with its industry, outperforming 42.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 5.74 | ||
| Altman-Z | N/A |
ROIC/WACC1.18
WACC7.85%
2.3 Liquidity
FI has a Current Ratio of 1.09. This is a normal value and indicates that FI is financially healthy and should not expect problems in meeting its short term obligations.
FI's Current ratio of 1.09 is in line compared to the rest of the industry. FI outperforms 52.48% of its industry peers.
A Quick Ratio of 1.09 indicates that FI should not have too much problems paying its short term obligations.
FI has a Quick ratio of 1.09. This is comparable to the rest of the industry: FI outperforms 52.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.44% over the past year.
FI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.28% yearly.
Looking at the last year, FI shows a small growth in Revenue. The Revenue has grown by 6.73% in the last year.
Measured over the past years, FI shows a quite strong growth in Revenue. The Revenue has been growing by 14.96% on average per year.
EPS 1Y (TTM)15.44%
EPS 3Y16.49%
EPS 5Y18.28%
EPS Q2Q%15.96%
Revenue 1Y (TTM)6.73%
Revenue growth 3Y8.03%
Revenue growth 5Y14.96%
Sales Q2Q%8.39%
3.2 Future
The Earnings Per Share is expected to grow by 15.81% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.85% on average over the next years.
EPS Next Y19.08%
EPS Next 2Y17.61%
EPS Next 3Y17.15%
EPS Next 5Y15.81%
Revenue Next Year8.41%
Revenue Next 2Y8.25%
Revenue Next 3Y8.05%
Revenue Next 5Y6.85%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.99 indicates a correct valuation of FI.
FI's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.38. FI is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 10.80, which indicates a very decent valuation of FI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FI is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of FI to the average of the S&P500 Index (22.86), we can say FI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.99 | ||
| Fwd PE | 10.8 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FI indicates a somewhat cheap valuation: FI is cheaper than 70.30% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FI indicates a somewhat cheap valuation: FI is cheaper than 70.30% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.89 | ||
| EV/EBITDA | 10.67 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of FI may justify a higher PE ratio.
FI's earnings are expected to grow with 17.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.73
PEG (5Y)0.77
EPS Next 2Y17.61%
EPS Next 3Y17.15%
5. Dividend
5.1 Amount
No dividends for FI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
131.8
-1.07 (-0.81%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners95.85%
Inst Owner Change135.46%
Ins Owners0.11%
Ins Owner Change0.03%
Market Cap71.65B
Analysts83.81
Price Target187.41 (42.19%)
Short Float %1.2%
Short Ratio1.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.62%
Min EPS beat(2)-1.34%
Max EPS beat(2)0.09%
EPS beat(4)1
Avg EPS beat(4)-1.04%
Min EPS beat(4)-1.7%
Max EPS beat(4)0.09%
EPS beat(8)2
Avg EPS beat(8)-0.77%
EPS beat(12)2
Avg EPS beat(12)-1.65%
EPS beat(16)3
Avg EPS beat(16)-1.6%
Revenue beat(2)0
Avg Revenue beat(2)-3.42%
Min Revenue beat(2)-3.95%
Max Revenue beat(2)-2.9%
Revenue beat(4)0
Avg Revenue beat(4)-3.56%
Min Revenue beat(4)-4.07%
Max Revenue beat(4)-2.9%
Revenue beat(8)0
Avg Revenue beat(8)-3.48%
Revenue beat(12)3
Avg Revenue beat(12)-1.67%
Revenue beat(16)7
Avg Revenue beat(16)-0.3%
PT rev (1m)0.07%
PT rev (3m)-16.53%
EPS NQ rev (1m)0.04%
EPS NQ rev (3m)-2.49%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.12%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-0.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.99 | ||
| Fwd PE | 10.8 | ||
| P/S | 3.39 | ||
| P/FCF | 13.89 | ||
| P/OCF | 10.58 | ||
| P/B | 2.84 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.67 |
EPS(TTM)9.42
EY7.15%
EPS(NY)12.2
Fwd EY9.26%
FCF(TTM)9.49
FCFY7.2%
OCF(TTM)12.46
OCFY9.45%
SpS38.84
BVpS46.39
TBVpS-41.7
PEG (NY)0.73
PEG (5Y)0.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.14% | ||
| ROE | 13.4% | ||
| ROCE | 11.09% | ||
| ROIC | 9.23% | ||
| ROICexc | 9.39% | ||
| ROICexgc | 63.37% | ||
| OM | 30.05% | ||
| PM (TTM) | 16.01% | ||
| GM | 61.14% | ||
| FCFM | 24.43% |
ROA(3y)3.48%
ROA(5y)2.7%
ROE(3y)10.02%
ROE(5y)7.46%
ROIC(3y)7.07%
ROIC(5y)5.33%
ROICexc(3y)7.22%
ROICexc(5y)5.43%
ROICexgc(3y)52.66%
ROICexgc(5y)40.98%
ROCE(3y)8.53%
ROCE(5y)6.42%
ROICexcg growth 3Y34.49%
ROICexcg growth 5Y29.52%
ROICexc growth 3Y39.63%
ROICexc growth 5Y32.38%
OM growth 3Y26.51%
OM growth 5Y12.26%
PM growth 3Y23.02%
PM growth 5Y11.79%
GM growth 3Y6.82%
GM growth 5Y4.7%
F-Score8
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 5.74 | ||
| Debt/EBITDA | 2.97 | ||
| Cap/Depr | 52% | ||
| Cap/Sales | 7.65% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.66% | ||
| Profit Quality | 152.62% | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | N/A |
F-Score8
WACC7.85%
ROIC/WACC1.18
Cap/Depr(3y)47.28%
Cap/Depr(5y)41.23%
Cap/Sales(3y)7.76%
Cap/Sales(5y)7.3%
Profit Quality(3y)136.25%
Profit Quality(5y)192.63%
High Growth Momentum
Growth
EPS 1Y (TTM)15.44%
EPS 3Y16.49%
EPS 5Y18.28%
EPS Q2Q%15.96%
EPS Next Y19.08%
EPS Next 2Y17.61%
EPS Next 3Y17.15%
EPS Next 5Y15.81%
Revenue 1Y (TTM)6.73%
Revenue growth 3Y8.03%
Revenue growth 5Y14.96%
Sales Q2Q%8.39%
Revenue Next Year8.41%
Revenue Next 2Y8.25%
Revenue Next 3Y8.05%
Revenue Next 5Y6.85%
EBIT growth 1Y17.5%
EBIT growth 3Y36.67%
EBIT growth 5Y29.06%
EBIT Next Year36.42%
EBIT Next 3Y17.4%
EBIT Next 5Y12.47%
FCF growth 1Y52.53%
FCF growth 3Y20.77%
FCF growth 5Y19.54%
OCF growth 1Y40.47%
OCF growth 3Y18.02%
OCF growth 5Y18.86%