FISV Analysis — TradeApes

FISERV INC (FISV)

Technology Diversified Services

$51.68 close · Jul 21, 2026

Below 50 SMA

52W -27.3% from High

Methodology Breakdown

Triangulated across multiple voting methods. The breakdown below shows each method's output and which ones voted on the final verdict.

Method	Value	Role
DCF (Base Case)	$77.45	REFERENCE
DCF (TTM-anchored)	$101.34	REFERENCE
Peer Multiples	$126.61	REFERENCE
Earnings Power Value	$39.47	REFERENCE
Book Value Anchor	$136.90	REFERENCE
Earnings Anchor	$86.26	REFERENCE
Cash Floor	$1.08	REFERENCE
NAV Anchor	$136.90	REFERENCE

Triangulation spread: 49% across voting methods.

📈

Undervalued -66.1%

Market cap (27.67B) is 66.1% below the bear-case DCF fair value (81.68B)

Jul 21

Health Score

Out of 100

Mixed

Pillar Scores

Financial Strength 60

Operating Trend 50

Valuation 65

Capital Allocation 55

Risk Management 70

Positives

↑ High FCF yield — above 7%, strong cash return relative to price paid +3.8

↑ Low leverage — net debt/EBITDA below 1× +2.5

↑ Free cash flow positive — business generates real spendable cash +2.5

Concerns

↓ Above historical median — trading above its own valuation average -2.5

↓ Thin interest coverage — EBIT covers interest just 2–4× -1.3

↓ Piotroski F-Score 0–3 — multiple financial weakness signals -1.3

Signal contribution: +12.1 from strengths -6.1 from concerns

Health Score Trend 8 snapshots

Cross-Check: Greenblatt Magic Formula

⚠ Divergent

Earnings Yield

18.6%

Rank 40 / 1256

Return on Capital

761.5%

Rank 37 / 1256

Combined Rank

100th pctl

1256 companies ranked

Magic Formula ranks this company higher than our composite. Our lower score is likely driven by factors the Magic Formula does not assess: cash flow quality, balance sheet risk, trend momentum, or sentiment signals.

Based on Joel Greenblatt's Magic Formula methodology. Not investment advice.

Financials

TTM Financials

Revenue ?Total sales generated from the company's primary business activities over the trailing twelve months.	21.09B
Gross Profit ?Revenue minus cost of goods sold. What remains before operating expenses — reflects pricing power and production efficiency.	—
Operating Income ?Profit from core business operations after all operating expenses (EBIT). Excludes interest and taxes.	5.34B
Net Income ?Bottom-line profit after all expenses, interest, and taxes are deducted from revenue.	3.20B
Free Cash Flow ?Operating cash flow minus capital expenditures. The actual cash the business generates after maintaining its assets — the truest measure of profitability.	4.13B
EBITDA ?Earnings before interest, taxes, depreciation & amortization. A proxy for operating cash earnings that strips out accounting and financing differences.	6.01B
Total Debt ?Combined short-term and long-term interest-bearing debt obligations. Compare against cash and earnings to gauge leverage risk.	1.32B
Cash & Equivalents ?Highly liquid assets on hand — cash, money market funds, and short-term securities. The company's immediate financial cushion.	829.0M

Valuation

Market Cap	27.67B
Enterprise Value	28.29B
EV / Revenue	1.3x
EV / EBITDA	4.7x
P/E (TTM)	8.6x
Forward P/E (extrapolated)	4.2x
PEG	1.1x
P/FCF	6.7x
FCF Yield	14.9%

EV/EBITDA vs history — 65% percentile (mid-range)

CheapMidExpensive

EV/Sales vs history — 58% percentile (mid-range)

CheapMidExpensive

P/Book vs history — 58% percentile (mid-range)

CheapMidExpensive

DCF Fair Value Range (base CAGR: 14.2%)

Bear

$152.56

Base

$226.16

Bull

$331.42

Bear $153 Current $51.68 (below range) Bull $331

Market is pricing in -15.3% FCF growth annually — base model assumes 14.2%

Key Metrics

Gross Margin ?Gross profit as a % of revenue. Measures how efficiently the company produces its goods or services — higher is better.	—
EBITDA Margin ?EBITDA as a % of revenue. Shows core operating profitability before accounting adjustments — useful for comparing across industries.	28.5%
Net Margin ?Net income as a % of revenue. The ultimate measure of overall profitability after every expense, interest payment, and tax is accounted for.	15.2%
FCF Margin ?Free cash flow as a % of revenue. Shows how much of each dollar of revenue converts into real, spendable cash.	19.6%
Revenue Growth (YoY) ?Year-over-year change in total revenue. Measures business momentum — sustained growth above 15% is typically considered strong.	1.9%
Net Income Growth (YoY) ?Year-over-year change in net income. Shows whether profits are growing faster or slower than revenue — a key indicator of improving or deteriorating quality.	-1.4%
Piotroski F-Score ?Score from 0–9 measuring financial strength across profitability, leverage, and efficiency signals. 8–9 = strong, 0–2 = distressed.	5 / 9
Altman Z-Score ?Bankruptcy risk model. Above 2.99 = safe zone, 1.81–2.99 = grey zone, below 1.81 = distress signal. Most useful for manufacturing companies.	1.25

Community Sentiment

Not enough ratings yet.
Be the first to rate this company below.

Quarterly Financials

Metric	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25	Q4 '25	Q3 '25	Q2 '25	Q1 '25	Q4 '23	Q3 '24	Q2 '24
Revenue ?Total quarterly sales from primary business operations.	5.03B	5.28B	5.26B	5.52B	5.13B	5.25B	5.22B	5.11B	4.88B	4.92B	4.87B	4.76B
Gross Profit ?Quarterly revenue minus cost of goods sold.	—	—	—	—	—	—	—	—	—	—	—	—
Operating Income ?Quarterly profit from core operations before interest and taxes (EBIT).	918.0M	1.29B	1.44B	1.70B	1.40B	1.67B	1.60B	1.43B	1.18B	1.45B	1.50B	1.13B
Net Income ?Quarterly bottom-line profit after all expenses and taxes.	571.0M	811.0M	792.0M	1.03B	851.0M	938.0M	564.0M	894.0M	735.0M	870.0M	952.0M	683.0M
FCF ?Quarterly free cash flow: operating cash minus capital expenditures.	141.0M	1.50B	1.30B	1.19B	313.0M	1.82B	1.84B	993.0M	411.0M	1.24B	1.20B	538.0M

Revenue & Free Cash Flow

Market Cap vs. DCF Fair Value Band

Shaded region = bear-to-bull DCF range. Line = actual market cap.

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Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Scores and valuations are derived from SEC filings and publicly available data. Always do your own research before making investment decisions.