Stock Analysis on Net

Fidelity National Information Services Inc. (NYSE:FIS)

Common Stock Valuation Ratios (Price Multiples)

Microsoft Excel LibreOffice Calc

Current Valuation Ratios

Fidelity National Information Services Inc., current price multiples

Microsoft Excel LibreOffice Calc
Fidelity National Information Services Inc. Accenture PLC Adobe Inc. Autodesk Inc. Automatic Data Processing Inc. Fiserv Inc. International Business Machines Corp. Intuit Inc. Mastercard Inc. Microsoft Corp. Oracle Corp. PayPal Holdings Inc. salesforce.com inc. ServiceNow Inc. Visa Inc. Software & Services Information Technology
Selected Financial Data
Current share price (P) $118.04
No. shares of common stock outstanding 608,937,161
Growth rate (g) -3.32%
 
Earnings per share (EPS) $0.26
Next year expected EPS $0.25
Operating profit per share $0.91
Sales per share $20.61
Book value per share (BVPS) $80.96
Valuation Ratios (Price Multiples)
Price to earnings (P/E) 454.93 37.84 47.09 47.17 37.10 75.20 21.53 75.64 57.03 38.01 17.04 49.89 55.93 891.73 36.77 50.85 47.19
Price to next year expected earnings 470.53 30.80 38.45 56.44 31.86 62.62 19.29 56.44 32.30 32.70 13.26 43.85 53.52 992.26 30.28 44.06 39.92
Price to operating profit (P/OP) 130.22 29.33 58.46 90.60 28.99 38.90 17.74 62.39 45.25 33.31 15.39 63.74 500.57 531.39 28.64 41.97 40.11
Price to sales (P/S) 5.73 4.42 19.25 15.04 6.42 4.85 1.63 16.19 23.90 13.86 5.79 9.77 10.72 23.38 18.78 11.14 10.34
Price to book value (P/BV) 1.46 11.44 18.67 59.03 17.00 2.23 5.84 15.80 57.21 16.40 44.71 10.47 5.49 37.28 12.04 13.33 15.13

Based on: 10-K (reporting date: 2020-12-31).

If the company price multiple is lower then the price multiple of benchmark then company stock is relatively undervalued.
Otherwise, if the company price multiple is higher then the price multiple of benchmark then company stock is relatively overvalued.


Historical Valuation Ratios (Summary)

Fidelity National Information Services Inc., historical price multiples

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Price to earnings (P/E) 527.80 324.25 40.89 24.61 48.10
Price to operating profit (P/OP) 151.07 99.72 23.73 21.76 21.05
Price to sales (P/S) 6.64 9.35 4.11 3.56 2.96
Price to book value (P/BV) 1.69 1.95 3.39 3.00 2.80

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Fidelity National Information Services Inc. P/E ratio increased from 2018 to 2019 and from 2019 to 2020.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Fidelity National Information Services Inc. P/OP ratio increased from 2018 to 2019 and from 2019 to 2020.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Fidelity National Information Services Inc. P/S ratio increased from 2018 to 2019 but then slightly decreased from 2019 to 2020 not reaching 2018 level.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Fidelity National Information Services Inc. P/BV ratio decreased from 2018 to 2019 and from 2019 to 2020.

Price to Earnings (P/E)

Fidelity National Information Services Inc., historical P/E calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
No. shares of common stock outstanding1 621,128,642 616,321,624 322,920,584 331,179,313 328,780,510
Selected Financial Data (US$)
Net earnings attributable to FIS common stockholders (in millions) 158  298  846  1,319  568 
Earnings per share (EPS)2 0.25 0.48 2.62 3.98 1.73
Share price1, 3 134.26 156.78 107.12 98.03 83.09
Valuation Ratio
P/E ratio4 527.80 324.25 40.89 24.61 48.10
Benchmarks
P/E Ratio, Competitors5
Accenture PLC 28.32 24.58 24.10 26.18 18.07
Adobe Inc. 41.69 57.17 46.11 57.41 46.80
Autodesk Inc. 152.72
Automatic Data Processing Inc. 23.49 31.75 36.29 28.56 27.41
Fiserv Inc. 80.62 82.54 27.96 23.57 26.51
International Business Machines Corp. 19.30 13.35 14.25 25.07 14.29
Intuit Inc. 49.52 48.17 46.88 37.26 29.60
Mastercard Inc. 52.84 42.21 38.62 46.33 29.12
Microsoft Corp. 35.04 26.86 50.00 26.25 26.08
Oracle Corp. 16.69 16.89 45.90 22.49 18.53
PayPal Holdings Inc. 75.10 57.19 51.82 50.54 35.24
salesforce.com inc. 1,204.70 107.70 731.11 324.94
ServiceNow Inc. 978.47 106.89
Visa Inc. 40.76 32.08 30.03 37.19 30.68
P/E Ratio, Sector
Software & Services 39.90 31.63 40.02 31.97 25.23
P/E Ratio, Industry
Information Technology 33.18 24.94 24.44 24.79 20.44

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).

1 Data adjusted for splits and stock dividends.

2 2020 Calculation
EPS = Net earnings attributable to FIS common stockholders ÷ No. shares of common stock outstanding
= 158,000,000 ÷ 621,128,642 = 0.25

3 Closing price as at the filing date of Fidelity National Information Services Inc. Annual Report.

4 2020 Calculation
P/E ratio = Share price ÷ EPS
= 134.26 ÷ 0.25 = 527.80

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Fidelity National Information Services Inc. P/E ratio increased from 2018 to 2019 and from 2019 to 2020.

Price to Operating Profit (P/OP)

Fidelity National Information Services Inc., historical P/OP calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
No. shares of common stock outstanding1 621,128,642 616,321,624 322,920,584 331,179,313 328,780,510
Selected Financial Data (US$)
Operating income (in millions) 552  969  1,458  1,492  1,298 
Operating profit per share2 0.89 1.57 4.52 4.51 3.95
Share price1, 3 134.26 156.78 107.12 98.03 83.09
Valuation Ratio
P/OP ratio4 151.07 99.72 23.73 21.76 21.05
Benchmarks
P/OP Ratio, Competitors5
Accenture PLC 22.21 18.63 16.75 19.47 15.44
Adobe Inc. 51.75 51.63 42.06 44.86 36.62
Autodesk Inc. 95.51 9,893.24
Automatic Data Processing Inc. 18.44 24.07 23.42 21.27 18.67
Fiserv Inc. 41.70 45.81 18.93 19.17 17.06
International Business Machines Corp. 15.90 11.94 9.41 12.22 12.94
Intuit Inc. 41.56 40.45 37.92 25.94 23.33
Mastercard Inc. 41.92 35.46 31.07 27.39 20.52
Microsoft Corp. 29.30 24.54 23.63 24.93 21.70
Oracle Corp. 12.17 13.83 12.83 16.52 13.09
PayPal Holdings Inc. 95.94 51.72 48.58 42.65 31.13
salesforce.com inc. 511.08 223.46 395.31 908.77 411.51
ServiceNow Inc. 583.07 1,590.30
Visa Inc. 31.45 25.83 23.88 20.52 23.32
P/OP Ratio, Sector
Software & Services 32.93 27.35 23.37 23.18 19.78
P/OP Ratio, Industry
Information Technology 28.20 21.49 17.43 18.37 15.81

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).

1 Data adjusted for splits and stock dividends.

2 2020 Calculation
Operating profit per share = Operating income ÷ No. shares of common stock outstanding
= 552,000,000 ÷ 621,128,642 = 0.89

3 Closing price as at the filing date of Fidelity National Information Services Inc. Annual Report.

4 2020 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 134.26 ÷ 0.89 = 151.07

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Fidelity National Information Services Inc. P/OP ratio increased from 2018 to 2019 and from 2019 to 2020.

Price to Sales (P/S)

Fidelity National Information Services Inc., historical P/S calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
No. shares of common stock outstanding1 621,128,642 616,321,624 322,920,584 331,179,313 328,780,510
Selected Financial Data (US$)
Revenue (in millions) 12,552  10,333  8,423  9,123  9,241 
Sales per share2 20.21 16.77 26.08 27.55 28.11
Share price1, 3 134.26 156.78 107.12 98.03 83.09
Valuation Ratio
P/S ratio4 6.64 9.35 4.11 3.56 2.96
Benchmarks
P/S Ratio, Competitors5
Accenture PLC 3.26 2.72 2.35 2.45 2.13
Adobe Inc. 17.04 15.11 13.23 13.32 9.34
Autodesk Inc. 10.00 13.21 13.95 9.09 5.14
Automatic Data Processing Inc. 3.97 5.13 4.41 4.00 3.51
Fiserv Inc. 5.20 7.24 5.70 5.16 4.48
International Business Machines Corp. 1.47 1.63 1.56 1.82 2.12
Intuit Inc. 11.78 11.05 9.52 6.99 6.17
Mastercard Inc. 22.14 20.30 15.13 14.51 10.97
Microsoft Corp. 10.85 8.38 7.51 6.19 5.13
Oracle Corp. 4.33 4.74 4.41 5.56 4.45
PayPal Holdings Inc. 14.71 7.91 6.90 6.93 4.55
salesforce.com inc. 8.88 9.00 8.89 6.96 7.09
ServiceNow Inc. 25.66 19.36 16.63 14.55 10.50
Visa Inc. 20.27 16.86 15.01 13.57 12.19
P/S Ratio, Sector
Software & Services 8.74 7.37 6.15 5.51 4.51
P/S Ratio, Industry
Information Technology 7.27 5.72 4.76 4.58 3.74

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).

1 Data adjusted for splits and stock dividends.

2 2020 Calculation
Sales per share = Revenue ÷ No. shares of common stock outstanding
= 12,552,000,000 ÷ 621,128,642 = 20.21

3 Closing price as at the filing date of Fidelity National Information Services Inc. Annual Report.

4 2020 Calculation
P/S ratio = Share price ÷ Sales per share
= 134.26 ÷ 20.21 = 6.64

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Fidelity National Information Services Inc. P/S ratio increased from 2018 to 2019 but then slightly decreased from 2019 to 2020 not reaching 2018 level.

Price to Book Value (P/BV)

Fidelity National Information Services Inc., historical P/BV calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
No. shares of common stock outstanding1 621,128,642 616,321,624 322,920,584 331,179,313 328,780,510
Selected Financial Data (US$)
Total FIS stockholders’ equity (in millions) 49,300  49,440  10,215  10,835  9,741 
Book value per share (BVPS)2 79.37 80.22 31.63 32.72 29.63
Share price1, 3 134.26 156.78 107.12 98.03 83.09
Valuation Ratio
P/BV ratio4 1.69 1.95 3.39 3.00 2.80
Benchmarks
P/BV Ratio, Competitors5
Accenture PLC 8.51 8.15 9.44 10.08 9.83
Adobe Inc. 16.53 16.03 12.76 11.50 7.37
Autodesk Inc. 25.18 7.94
Automatic Data Processing Inc. 10.07 13.48 17.00 12.45 9.13
Fiserv Inc. 2.39 2.24 14.47 10.75 9.70
International Business Machines Corp. 5.24 6.04 7.40 8.20 9.30
Intuit Inc. 17.71 20.00 24.12 26.72 24.96
Mastercard Inc. 53.00 58.15 41.94 33.17 20.90
Microsoft Corp. 13.11 10.30 10.02 7.69 6.08
Oracle Corp. 14.01 8.59 3.84 3.90 3.49
PayPal Holdings Inc. 15.76 8.33 6.93 5.67 3.36
salesforce.com inc. 4.48 7.66 9.93 7.78 9.45
ServiceNow Inc. 40.91 31.48 39.04 48.15 37.74
Visa Inc. 12.23 11.17 9.10 7.61 5.59
P/BV Ratio, Sector
Software & Services 10.46 9.10 9.41 7.70 6.28
P/BV Ratio, Industry
Information Technology 10.64 8.31 7.59 5.88 4.73

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).

1 Data adjusted for splits and stock dividends.

2 2020 Calculation
BVPS = Total FIS stockholders’ equity ÷ No. shares of common stock outstanding
= 49,300,000,000 ÷ 621,128,642 = 79.37

3 Closing price as at the filing date of Fidelity National Information Services Inc. Annual Report.

4 2020 Calculation
P/BV ratio = Share price ÷ BVPS
= 134.26 ÷ 79.37 = 1.69

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Fidelity National Information Services Inc. P/BV ratio decreased from 2018 to 2019 and from 2019 to 2020.