FIS

Fidelity National Information Services, Inc.

Finance/Real Estate, TMT


Presented:11/30/2021
Price:$104.50
Cap:$63.63B
Current Price:$89.05
Cap:$48.58B

Presented

Date11/30/2021
Price$104.50
Market Cap$63.63B
Ent Value$93.90B
P/E Ratio286.22x
Book Value$77.35
Div Yield1.45%
Shares O/S608.94M
Ave Daily Vol3,973,553
Short Int1.08%

Current

Price$89.05
Market Cap$48.58B
Fidelity National Information Services, Inc. engages in the business of technology, solutions and services for merchants, banks and capital markets businesses. It operates through the following segments: Merchant, Banking, and Capital Markets. The Merchant segment is focused on serving merchants of all sizes globally, enabling them to accept electronic payments, including credit, debit and prepaid payments originated at a physical point of sale as well as in card-not-present environments such as eCommerce and mobile. The Banking segment is focused on serving all sizes of financial institutions for core processing and ancillary applications solutions; digital solutions; fraud, risk management and compliance solutions; electronic funds transfer and network services; payment; wealth and retirement; item processing and output services solutions. The Capital Markets segment is focused on serving global financial services clients with array of buy- and sell-side solutions. The company was founded in 1968 and is headquartered in Jacksonville, FL.

Publicly traded companies mentioned herein: Adyen NV (ADYEN NA), Fidelity National Information Services Inc (FIS), Fiserv Inc (FISV), Global Payments Inc (GPN), Marqeta Inc (MQ), Mastercard Inc (MA)

Highlights

The presenter is long shares of Fidelity National Information Services Inc (FIS), believing that it is the time to be adding merchant acquirers, and further seeing FIS as the best opportunity in its peer group around the current $105 share price. It trades at 14x the Street’s forward earnings, and he feels it could rerate 17x – 18x simply through the passage of time and execution, allowing for 40% – 45% upside and limited downside over the next year or so.

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Idea Discussion

Commentor 1 - 2 weeks ago

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