Is Fidelity National Information Services, Inc. (FIS) undervalued or overvalued?

Our model estimates a fair value of about $80 against a price of $36.01 (Undervalued, +121% to fair value). It blends a 10-year DCF, sector multiples and earnings-power value and is a model estimate, not advice.

What is the X-Ray Score for FIS?

Fidelity National Information Services, Inc. has an X-Ray Score of 36 out of 100, built from valuation, growth, profitability, financial health and dividend lenses ranked against Financials peers.

Where does the data for FIS come from?

Financial statements come from SEC EDGAR filings, prices from exchange price feeds, and industry betas and equity risk premium from Damodaran Online (NYU Stern).

Fidelity National Information Services, Inc. (FIS)

Financials · Transaction & Payment Processing Services · US stock · S&P 500 component

$36.01 ▼ -0.12 (0.33%)

At close 16 Oct 2026 · USD · Volume 4,706,000

Compare with JKHY Historical data Research report SEC filings

Fair valueUndervalued

$80 +120.9% to fair value

$40fair band $56–$103$119

Day's range

$35.66 – $36.66

52-week range

$32.10 – $66.44

About Fidelity National Information Services, Inc.

Fidelity National Information Services, known as FIS, provides technology for banks, credit unions, capital markets firms and other financial institutions. Its offerings include core banking software, payments and card processing, digital banking, fraud and risk tools, and trading and capital markets systems. Customers are financial institutions, along with the businesses and consumers they serve.

FIS earns revenue from software licences, recurring processing fees and services charged to financial institutions. Revenue is $12.2 billion over the last twelve months, with growth of 3.2% a year across three years. The operating margin is 15.7%, and the business earns a profit of 4% on the capital invested in it. It carries net debt of 4.9 times EBITDA, and the dividend yield is 4.8%. On the site's X-Ray Score it receives 36 out of 100.

Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.

Price chart

Historical data & CSV

52-wk range $32.10 – $66.44Volume 4,706,000Daily, split-adjusted

Vitals

Market cap$18.6B

52-week range$32.10 – $66.44

Volume (last day)4,706,000

P/E (TTM)5.5

EBIT / EV yield4.9%

Free-cash-flow yield–

Dividend yield4.8%

Revenue (TTM)$12.2B

Net income (TTM)$3.4B

Operating margin15.7%

Return on capital3.9%

Debt incl. leases$21.2B

Cash & securities$744M

Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.

Fair value estimate

$80model spread $31 – $80

Undervalued +120.9% to fair value

Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.

Price $36

Undervalued < $56Fair $56 – $103Overvalued > $103

10-year DCF (market-scaled) · excluded

$4

Peer multiples

$45

Earnings power floor (not blended)

$2

Fundamentals-adjusted multiple

$114

Growth the price implies

8.6%/yr

A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.

What this means

Weak business, but the price is low

Our models put fair value above today's price, but models can be wrong, so check the business first. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.

Before you invest · decision checklist

I understand how this company makes money Business quality is average or better 15 The price is not above fair value $80 fair value Debt looks manageable 4.9× EBITDA Revenue has been growing 3.2% a year Profits are backed by cash There are no red flags none raised I know what share of my savings this would be

Ticked boxes are filled in from our data; the rest are yours to answer.

The five-lens scan

Every score explained in one sentence, ranked against Financials peers. Open a lens to see the numbers behind it.

Valuation Fair

66/100

Priced about in line with its sector.

See the numbers →

EBIT / EV yield4.9%

Fair value vs price2.2×

Growth Weak

43/100

Growing slower than most of its sector.

See the numbers →

Revenue growth (3y)3.2%

Growth consistency100%

Profitability Weak

25/100

Earns lower returns on its capital than most peers.

See the numbers →

Return on invested capital3.9%

Operating margin15.7%

Gross profitability9.9%

Financial health Weak

6/100

Balance sheet is more stretched than most peers.

See the numbers →

Piotroski F-Score4 / 9

Net debt / EBITDA4.9×

Interest cover3.2×

Dividends Weak

35/100

Dividend is modest or less certain than peers.

See the numbers →

Dividend yield4.8%

Dividend growth-9.4%

Quarterly results: last 6 quarters

+2.6%

Mar '25

+5.1%

Jun '25

+5.7%

Sep '25

+8.2%

Dec '25

+30.1%

Mar '26

+29.1%

Jun '26

Revenue against the same quarter a year earlier. Latest quarter revenue $3.4B, diluted EPS $0.45.

Compare with peers

JKHY Jack Henry & Associate...65 PYPL PayPal Holdings, Inc.65 MA Mastercard Inc60 CPAY Corpay, Inc.54

Other Transaction & Payment Processing Services companies by X-Ray Score.

Fundamentals checklist

● 2 Good · ● 0 Average · ● 10 Bad

Cash quality

Risk models

Altman Z''Bad

Piotroski F-ScoreBad

Growth

Revenue growth (3y)Bad

Growth consistencyGood

Balance sheet

Current ratioBad

Net debt / EBITDABad

Interest coverBad

Valuation

Fair value vs priceGood

EBIT / EV yieldBad

Profitability

Return on invested capitalBad

Operating marginBad

Gross profitabilityBad

Each check is graded against the company's sector, not a fixed number. Checklist score 28/100.

Financials

	FY21	FY22	FY23	FY24	FY25
Revenue	$9.3B	$9.7B	$9.8B	$10.1B	$10.7B
Operating income	$1.0B	$1.2B	$1.4B	$1.7B	$1.7B
Net income	$417M	−$16.8B	−$6.7B	$1.5B	$382M
Operating cash flow	$4.8B	$3.9B	$4.3B	–	–
Operating margin	11.1%	12.1%	14.7%	16.9%	16.3%
Free cash flow	$4.5B	$3.7B	$4.2B	–	–
Diluted EPS	$0.67	$-27.74	$-11.26	$2.61	$0.73

Fiscal years, from SEC filings.

Technical summary

Daily

Bearish

5 bullish · 3 neutral · 8 bearish

Weekly

Strongly bearish

0 bullish · 1 neutral · 11 bearish

Monthly

Strongly bearish

0 bullish · 1 neutral · 7 bearish

Moving averages (daily)

SMA 10	34.63	Bullish
EMA 10	35.00	Bullish
SMA 20	34.38	Bullish
EMA 20	35.18	Bullish
SMA 50	37.77	Bearish
EMA 50	37.04	Bearish
SMA 100	39.22	Bearish
EMA 100	39.57	Bearish
SMA 200	44.30	Bearish
EMA 200	44.76	Bearish

Oscillators (daily)

RSI (14)	52.88	Neutral
MACD (12, 26)	-0.61	Bearish
Momentum (12)	9.45	Bullish
Stochastic %K (14)	78.04	Neutral
Williams %R (14)	-21.96	Neutral
CCI (20)	127.1	Bearish

Pivot points (classic, last session)

34.56

35.11

35.56

Pivot

36.11

36.56

37.11

37.56

Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.

Dividends

Paid, last 12 months

1.72 USD

Yield on today's price

4.78%

Frequency

Quarterly

Next ex-dividend date

Not announced

Ex-dividend date	Amount per share
11 Sep 2026	0.4400
11 Jun 2026	0.4400
10 Mar 2026	0.4400
9 Dec 2025	0.4000
10 Sep 2025	0.4000
10 Jun 2025	0.4000
11 Mar 2025	0.4000
9 Dec 2024	0.3600
10 Sep 2024	0.3600
10 Jun 2024	0.3600
7 Mar 2024	0.3600
7 Dec 2023	0.5200