Fiserv Inc (FISV)
Financials · Transaction & Payment Processing Services · US stock · S&P 500 component
$47.55
▲ +0.34 (0.72%)
Fair valueData under review
$126
$63fair band $88–$164$189
Day's range
$47.14 – $47.92
52-week range
$43.87 – $128.78
About Fiserv Inc
Fiserv provides payment and financial technology to banks, credit unions and merchants. It runs the core systems that financial institutions use for accounts, loans and digital banking, processes card and electronic payments, and supplies the Clover point-of-sale platform to small businesses. Customers are therefore financial institutions and merchants of all sizes, and its business spans both merchant payments and bank technology.
Revenue is largely recurring, coming from processing fees, software and service charges, and fees tied to payment volumes. It was $20.9 billion over the last twelve months, with growth of 6.1% a year across the last three years. The operating margin is 22.3%, and the business earns a profit of 7% on the capital invested in it. Net debt is 5.8 times EBITDA, and no dividend is paid. On the site's X-Ray Score it receives 49 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
52-wk range $43.87 – $128.78Volume 4,951,600Daily, split-adjusted
Vitals
Market cap$25.4B
52-week range$43.87 – $128.78
Volume (last day)4,951,600
P/E (TTM)9.2
EBIT / EV yield8.8%
Free-cash-flow yield15.5%
Dividend yieldNo dividend
Revenue (TTM)$20.9B
Net income (TTM)$2.8B
Operating margin22.3%
Return on capital7.2%
Debt incl. leases$27.9B
Cash & securities$627M
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
$126model spread $113 – $141
Data under review
+0.0% 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 $48
Undervalued < $88Fair $88 – $164Overvalued > $164
10-year DCF (market-scaled)
$164
Peer multiples
$71
Earnings power floor (not blended)
$68
Fundamentals-adjusted multiple
$143
Growth the price implies
-2.5%/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
Read the lenses below
The price sits inside our fair-value band. 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
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
Strong
80/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield8.8%
Free-cash-flow yield15.5%
Fair value vs price2.7×
Growth
Weak
41/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)6.1%
EPS growth (3y)17.5%
Growth consistency80%
Profitability
Weak
46/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital7.2%
Operating margin22.3%
Financial health
Weak
21/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA5.8×
Interest cover3.0×
Dividends
None
–/100
Pays no dividend.
See the numbers →
Quarterly results: last 6 quarters
+5.1%
Mar '25
+8.0%
Jun '25
+0.9%
Sep '25
+0.6%
Dec '25
-2.0%
Mar '26
-4.1%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $5.3B, diluted EPS $1.17.
Compare with peers
JKHY Jack Henry & Associate...65 PYPL PayPal Holdings, Inc.65 MA Mastercard Inc60 CPAY Corpay, Inc.54Other Transaction & Payment Processing Services companies by X-Ray Score.
Fundamentals checklist
● 3 Good · ● 7 Average · ● 5 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldGood
Risk models
Altman Z''Average
Piotroski F-ScoreBad
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Average
Revenue growth (3y)Average
Growth consistencyBad
Balance sheet
Current ratioAverage
Net debt / EBITDABad
Interest coverBad
Valuation
Fair value vs priceGood
EBIT / EV yieldAverage
Profitability
Return on invested capitalBad
Operating marginAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 48/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $16.2B | $17.7B | $19.1B | $20.5B | $21.2B |
| Operating income | $2.3B | $3.7B | $5.0B | $5.9B | $5.8B |
| Net income | $1.3B | $2.5B | $3.1B | $3.1B | $3.5B |
| Operating cash flow | $4.0B | $4.6B | $5.2B | $6.6B | $6.1B |
| Operating margin | 14.1% | 21.1% | 26.3% | 28.7% | 27.5% |
| Free cash flow | $2.9B | $3.1B | $3.8B | $5.1B | $4.3B |
| Diluted EPS | $1.99 | $3.91 | $4.98 | $5.38 | $6.34 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
5 bullish · 1 neutral · 10 bearish
Weekly
Strongly bearish
0 bullish · 1 neutral · 11 bearish
Monthly
Strongly bearish
0 bullish · 1 neutral · 7 bearish
Moving averages (daily)
| SMA 10 | 46.20 | Bullish |
| EMA 10 | 46.47 | Bullish |
| SMA 20 | 45.97 | Bullish |
| EMA 20 | 46.78 | Bullish |
| SMA 50 | 49.43 | Bearish |
| EMA 50 | 48.63 | Bearish |
| SMA 100 | 50.75 | Bearish |
| EMA 100 | 51.57 | Bearish |
| SMA 200 | 55.67 | Bearish |
| EMA 200 | 62.65 | Bearish |
Oscillators (daily)
| RSI (14) | 51.78 | Neutral |
| MACD (12, 26) | -0.71 | Bearish |
| Momentum (12) | 5.25 | Bullish |
| Stochastic %K (14) | 90.86 | Bearish |
| Williams %R (14) | -9.14 | Bearish |
| CCI (20) | 211.0 | Bearish |
Pivot points (classic, last session)
S3 46.37 | S2 46.76 | S1 47.15 | Pivot 47.54 | R1 47.93 | R2 48.32 | R3 48.71 |
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.
FISV SEC filings
22 Sep 2026
8-KSEC EDGAR
Director or officer change
7 Aug 2026
10-QSEC EDGAR
Quarterly report
6 Aug 2026
8-KSEC EDGAR
Results of operations
7 Jul 2026
8-KSEC EDGAR
Director or officer change; Regulation FD disclosure
23 Jun 2026
8-KSEC EDGAR
Entered a material agreement; Other events
17 Jun 2026
8-KSEC EDGAR
Entered a material agreement
17 Jun 2026
424B5SEC EDGAR
424B5
16 Jun 2026
8-KSEC EDGAR
Regulation FD disclosure
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.