Fidelity National Information Services Inc Stock Research

Market Summary

USD54.33+2.16

Market Closed

4.14%

FIS Alerts

2 major insider buys and 1 major insider sales recently.
Big fall in earnings (Y/Y)
Losses in recent quarter

FIS Stock Price

FIS RSI Chart

FIS Valuation

Market Cap

31.6B

Price/Earnings (Trailing)

-1.89

Price/Sales (Trailing)

2.17

EV/EBITDA

-3.58

Price/Free Cashflow

8.6

FIS Price/Sales (Trailing)

FIS Profitability

EBT Margin

-112.41%

Return on Equity

-61.43%

Return on Assets

-26.42%

Free Cashflow Yield

11.63%

FIS Fundamentals

FIS Revenue

Revenue (TTM)

14.5B

Revenue Y/Y

1.14%

Revenue Q/Q

3.05%

FIS Earnings

Earnings (TTM)

-16.7B

Earnings Y/Y

-6.1K%

Earnings Q/Q

-7.1K%

Price Action

52 Week Range

48.57106.17

(Low)(High)

Last 7 days

1.8%

Last 30 days

-17.7%

Last 90 days

-23.1%

Trailing 12 Months

-48.1%

FIS Financial Health

Current Ratio

0.79

Debt/Equity

0.52

Debt/Cashflow

0.28

FIS Investor Care

Dividend Yield

3.6%

Dividend/Share (TTM)

1.88

Buy Backs (1Y)

1.31%

Diluted EPS (TTM)

-27.68

Peers (Alternatives to Fidelity National Information Services)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MA	346.7B	22.2B	1.12%	-0.53%	34.91	15.59	17.76%	14.31%
ACN	178.1B	62.4B	6.44%	-15.57%	25.26	2.86	16.08%	13.77%
FIS	31.6B	14.5B	-17.67%	-48.12%	-1.89	2.17	4.69%	-4109.59%
GPN	27.1B	9.0B	-8.03%	-24.82%	243.49	3.02	5.30%	-88.45%
AKAM	12.0B	3.6B	5.44%	-36.79%	22.88	3.31	4.49%	-19.64%
MID-CAP
WEX	7.7B	2.4B	-7.20%	2.82%	46.25	3.29	27.02%	23.58%
EXLS	5.4B	1.4B	-2.08%	11.67%	37.44	3.79	25.82%	24.58%
MMS	4.7B	4.7B	-5.95%	2.12%	24.63	0.99	6.04%	-32.08%
WU	4.1B	4.5B	-14.81%	-41.79%	4.53	0.92	-11.74%	13.01%
SMALL-CAP
MGI	1.0B	1.3B	-3.96%	-1.98%	29.44	0.77	2.06%	190.24%
CNDT	733.6M	3.9B	-15.58%	-33.99%	-4.03	0.19	-6.81%	-550.00%
CASS	589.7M	182.5M	-10.24%	16.97%	16.9	3.23	18.38%	22.02%
IIIV	558.6M	330.0M	-1.30%	-13.83%	-31.25	1.69	30.19%	-260.46%

Financials for Fidelity National Information Services

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	0.3%	14,528	14,487	14,390	14,146	13,877
Gross Profit	1.7%	5,708	5,612	5,485	5,340	5,195
S&GA Expenses	1.4%	4,118	4,060	4,072	3,967	3,938
EBITDA	-322.9%	-12,185	5,466	5,479	5,757	-
EBITDA Margin	-322.3%	-0.84*	0.38*	0.38*	0.41*	-
Earnings Before Taxes	-1363.0%	-16,331	1,293	1,150	1,432	789
EBT Margin	-1359.5%	-1.12*	0.09*	0.08*	0.10*	-
Interest Expenses	37.0%	300	219	249	248	216
Net Income	-1884.4%	-16,720	937	846	910	417
Net Income Margin	-1879.4%	-1.15*	0.06*	0.06*	0.06*	-
Free Cahsflow	2.9%	3,671	3,568	4,516	4,511	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-19.2%	63,278	78,317	79,620	81,198	82,931
Current Assets	21.0%	12,818	10,593	10,706	10,145	10,708
Cash Equivalents	13.3%	2,188	1,932	1,688	1,547	2,010
Net PPE	2.7%	862	839	881	901	949
Goodwill	-32.8%	34,276	51,014	52,004	52,988	53,330
Liabilities	9.4%	35,872	32,802	32,930	33,988	35,399
Current Liabilities	18.7%	16,224	13,671	15,528	13,777	14,466
. Short Term Borrowings	56.8%	3,797	2,422	3,642	2,682	3,911
Long Term Debt	5.2%	14,207	13,509	11,755	14,208	14,825
Shareholder's Equity	-40.0%	27,218	45,328	46,515	47,036	47,347
Retained Earnings	-660.1%	-14,971	2,673	2,709	2,721	2,889
Additional Paid-In Capital	0.0%	46,735	46,726	46,634	46,536	46,466
Accumulated Depreciation	-10.2%	1,472	1,639	1,610	1,571	-
Shares Outstanding	-0.5%	605	608	610	-	-
Minority Interest	-11.1%	8.00	9.00	9.00	10.00	11.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	0.7%	3,939	3,911	4,866	4,870	4,810
Share Based Compensation	-17.6%	215	261	287	283	383
Cashflow From Investing	72.2%	-373	-1,342	-1,577	-1,740	-1,771
Cashflow From Financing	-85.0%	-2,573	-1,391	-1,885	-2,242	-2,538
Dividend Payments	3.9%	1,138	1,095	1,049	1,004	961
Buy Backs	39.3%	1,938	1,391	1,584	1,697	2,114

Risks for FIS

What is the probability of a big loss on FIS?

49.6%

Probability that Fidelity National Information Services stock will be more than 20% underwater in next one year

43.9%

Probability that Fidelity National Information Services stock will be more than 30% underwater in next one year.

11.9%

Probability that Fidelity National Information Services stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FIS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Fidelity National Information Services was unfortunately bought at previous high price.

Drawdowns

Returns for FIS

Cumulative Returns on FIS

4.1%

10-Year Cumulative Returns

-1.6%

7-Year Cumulative Returns

-10.6%

5-Year Cumulative Returns

-24.6%

3-Year Cumulative Returns

What are the long-term rolling returns for FIS?

FIve years rolling returns for Fidelity National Information Services.

Annualized Returns

Which funds bought or sold FIS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-27	Neo Ivy Capital Management	sold off	-100	-94,000	-	-%
2023-03-23	ETF MANAGERS GROUP, LLC	reduced	-2.73	-3,089,010	21,291,000	1.00%
2023-03-23	MetLife Investment Management, LLC	reduced	-4.01	-1,685,040	10,513,700	0.08%
2023-03-22	Pictet North America Advisors SA	sold off	-100	-8,103,600	-	-%
2023-03-17	American Portfolios Advisors	reduced	-13.75	-94,957	233,639	0.01%
2023-03-15	B. Riley Wealth Advisors, Inc.	added	3.26	-56,708	706,292	0.02%
2023-03-13	Claro Advisors LLC	added	33.8	-3,329	378,671	0.12%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	6.91	-5,424,130	129,932,000	0.14%
2023-03-06	Aldebaran Financial Inc.	unchanged	-	-66,142	572,858	0.62%
2023-03-06	NORTH STAR ASSET MANAGEMENT INC	added	1.77	-1,301,340	13,783,700	0.86%

Latest Funds Activity

Are funds buying FIS calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own FIS

No. of Funds

FIS Alerts

2 major insider buys and 1 major insider sales recently.
Big fall in earnings (Y/Y)
Losses in recent quarter

Fidelity National Information Services News

Schedule 13G FIlings of Fidelity National Information Services

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2023	capital international investors	4.5%	26,435,625	SC 13G/A
Feb 09, 2023	vanguard group inc	8.43%	50,045,611	SC 13G/A
Jan 24, 2023	blackrock inc.	9.6%	57,168,949	SC 13G/A
Feb 14, 2022	price t rowe associates inc /md/	1.2%	7,845,951	SC 13G/A
Feb 11, 2022	capital international investors	5.8%	35,311,160	SC 13G
Feb 03, 2022	blackrock inc.	8.8%	53,774,624	SC 13G/A
Feb 16, 2021	price t rowe associates inc /md/	5.0%	31,543,795	SC 13G/A
Feb 10, 2021	vanguard group inc	7.89%	48,952,977	SC 13G/A
Jan 29, 2021	blackrock inc.	6.9%	43,071,431	SC 13G/A
Feb 14, 2020	massachusetts financial services co /ma/	3.5%	21,669,912	SC 13G/A

FIS Fair Value

Fidelity National Information Services fair value in different scenarios

The table shows the Fair Value estimates for Fidelity National Information Services for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	33.94 -37.53%	41.51 -23.60%	51.44 -5.32%	63.77 17.38%	74.93 37.92%
Current Inflation	42.02 -22.66%	49.64 -8.63%	63.63 17.12%	83.37 53.45%	94.58 74.08%
Very High Inflation	30.54 -43.79%	35.59 -34.49%	41.96 -22.77%	50.18 -7.64%	57.42 5.69%

Historical Fidelity National Information Services Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Fidelity National Information Services

View All Filings

Date Filed	Form Type	Document
Mar 24, 2023	4	Insider Trading
Mar 24, 2023	4	Insider Trading
Mar 09, 2023	4	Insider Trading
Mar 07, 2023	144	Notice of Insider Sale Intent
Mar 03, 2023	8-K	Current Report
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading

Latest Insider Trading transactions for FIS

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-22	D'Silva Vijay	acquired	-	-	526	-
2023-03-22	LAMNECK KENNETH T	acquired	-	-	526	-
2023-03-07	Hoag Erik D	acquired	356,001	62.92	5,658	cevp chief financial officer
2023-03-07	Hoag Erik D	sold	-361,433	63.88	-5,658	cevp chief financial officer
2023-03-01	Gileadi Ido	acquired	-	-	2,520	chief operating officer
2023-03-01	Ferris Stephanie	sold (taxes)	-86,119	63.37	-1,359	ceo and president
2023-03-01	Williams Lenore D	acquired	-	-	1,575	cevp, chief people officer
2023-03-01	Ferris Stephanie	acquired	-	-	5,600	ceo and president
2023-03-01	Gileadi Ido	sold (taxes)	-41,380	63.37	-653	chief operating officer
2023-03-01	Hoag Erik D	sold (taxes)	-24,460	63.37	-386	cevp chief financial officer

About Fidelity National Information Services

FIS Income Statement

2022-12-31

Consolidated Statements of Earnings (loss) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Revenue	$ 14,528	$ 13,877	$ 12,552
Cost of revenue	8,820	8,682	8,348
Gross profit	5,708	5,195	4,204
Selling, general and administrative expenses	4,118	3,938	3,516
Asset impairments	17,709	202	136
Operating income	(16,119)	1,055	552
Other income (expense):
Interest income	25	2	5
Interest expense	(300)	(216)	(339)
Other income (expense), net	63	(52)	48
Total other income (expense), net	(212)	(266)	(286)
Earnings (loss) before income taxes and equity method investment earnings (loss)	(16,331)	789	266
Provision (benefit) for income taxes	377	371	96
Equity method investment earnings (loss)	0	6	(6)
Net earnings (loss)	(16,708)	424	164
Net (earnings) loss attributable to noncontrolling interest	(12)	(7)	(6)
Net earnings (loss) attributable to FIS common stockholders	$ (16,720)	$ 417	$ 158
Net earnings (loss) per share-basic attributable to FIS common stockholders (in dollars per share)	$ (27.68)	$ 0.68	$ 0.26
Weighted average shares outstanding-basic (in shares)	604	616	619
Net earnings (loss) per share-diluted attributable to FIS common stockholders (in dollars per share)	$ (27.68)	$ 0.67	$ 0.25
Weighted average shares outstanding-diluted (in shares)	604	621	627

FIS Balance Sheet

2022-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 2,188	$ 2,010
Settlement assets	5,855	4,020
Trade receivables, net of allowance for credit losses of $75 and $76, respectively	3,699	3,772
Other receivables	493	355
Prepaid expenses and other current assets	583	551
Total current assets	12,818	10,708
Property and equipment, net	862	949
Goodwill	34,276	53,330
Intangible assets, net	8,956	11,539
Software, net	3,238	3,299
Other noncurrent assets	2,048	2,137
Deferred contract costs, net	1,080	969
Total assets	63,278	82,931
Current liabilities:
Accounts payable, accrued and other liabilities	2,754	2,864
Settlement payables	6,752	5,295
Deferred revenue	788	779
Short-term borrowings	3,797	3,911
Current portion of long-term debt	2,133	1,617
Total current liabilities	16,224	14,466
Long-term debt, excluding current portion	14,207	14,825
Deferred income taxes	3,550	4,193
Other noncurrent liabilities	1,891	1,915
Total liabilities	35,872	35,399
Redeemable noncontrolling interest	180	174
FIS stockholders’ equity:
Preferred stock, $0.01 par value, 200 shares authorized, none issued and outstanding as of December 31, 2022 and 2021	0	0
Common stock, $0.01 par value, 750 shares authorized, 630 and 625 shares issued as of December 31, 2022 and 2021, respectively	6	6
Additional paid in capital	46,735	46,466
(Accumulated deficit) retained earnings	(14,971)	2,889
Accumulated other comprehensive earnings (loss)	(360)	252
Treasury stock, $0.01 par value, 39 and 16 common shares as of December 31, 2022 and 2021, respectively, at cost	(4,192)	(2,266)
Total FIS stockholders’ equity	27,218	47,347
Noncontrolling interest	8	11
Total equity	27,226	47,358
Total liabilities, redeemable noncontrolling interest and equity	$ 63,278	$ 82,931