Fiserv, Inc. (FISV) Fair Value & PE Analysis
Information Technology Services · NASDAQ
Current Price
$52.58
PE Ratio (TTM)
10.1x
Intrinsic Value
$60.24
+12.7% margin of safety
What Is Fiserv, Inc.'s Fair Value?
As of 2026-08-21, applying a 10.1x earnings multiple to Fiserv, Inc.'s (FISV) earnings per share of $5.23 yields a fair value estimate of $60.24 per share, versus a market price of $52.58.
Fair value from earnings multiples is sensitive to the multiple you choose. Across the sensitivity grid the estimate spans $45.06 to $77.98. This is a relative estimate anchored to earnings, not a statement of fact. For a cash flow based view, see the intrinsic value estimate on the DCF page.
How the PE model works · Recalculate in PE mode · FISV intrinsic value (DCF view)
Is Fiserv, Inc. (FISV) Overvalued?
At $52.58, FISV trades about 12.7% below its PE-based fair value estimate, a modest discount to its earnings power, though not enough to call it cheap outright.
COMPETITIVE MOAT
↑Deep Client Relationships
Fiserv's long-standing partnerships with financial institutions create significant switching costs. These relationships are built on integrated systems and trust, making it difficult for clients to move to competitors.
↑Scale and Network Effects
The company's vast network of interconnected financial institutions and merchants generates powerful network effects. This scale provides a data advantage and makes the platform more valuable as it grows.
↑Integrated Technology Ecosystem
Fiserv offers a comprehensive suite of financial technology solutions, creating an ecosystem that is difficult for clients to replicate. This integration fosters customer loyalty and deepens the lock-in effect.
INVESTMENT RISKS
↓Guidance Reset and Growth Concerns
The company has significantly lowered its 2026 outlook due to client delays and other headwinds. This signals a potential loss of pricing power and increased competitive pressure.
↓Margin Pressure and Revenue Decline
Q2 results showed a revenue decline and margin pressure, indicating challenges in maintaining profitability. This could be a sign of increased competition or an inability to pass on costs.
↓Leadership Transition Uncertainty
A new CEO has reset expectations shortly after taking the helm. This transition period can introduce strategic uncertainty and impact execution, potentially affecting long-term competitive positioning.
Base case
FISV base case PE valuation
Intrinsic Value
$60.24
Margin of safety
+12.7%
Expected annual return
+2.8%
Base case assumptions: 3.3% annual earnings growth, 10.05x target PE, 10% discount rate, 5 year projection. Data as of 2026-08-21.
This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.
Customize the FISV PE valuation
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for Fiserv, Inc. respond.
Open PE Calculator for FISVCompany Overview
Fiserv, Inc. is a global provider of technology solutions for payments and financial services. Its operations are structured into three primary segments: Acceptance, Fintech, and Payments. The Acceptance segment enables businesses to process transactions at the point of sale and through digital channels, offering mobile payment capabilities and robust security and fraud prevention tools. Key offerings include Carat, its omnichannel commerce platform; Clover, a cloud-native platform for point-of-sale and business management; and Clover Connect, designed for independent software vendors. This segment reaches clients via diverse distribution channels, including direct sales, agent networks, ISVs, and financial institution partnerships. The Fintech segment supports financial institutions in managing core functions like customer deposit and loan accounts, general ledgers, and central information repositories. Further services extend to digital banking, financial and risk management, specialized consulting, and item processing solutions. The Payments segment facilitates a wide array of card-based transactions, including processing for debit, credit, and prepaid cards. It also delivers security and fraud safeguards, card manufacturing, print services, and various network functionalities. Beyond cards, this segment offers digital payment solutions like bill payment, account-to-account transfers, person-to-person payments, and electronic billing, complemented by security features. Fiserv caters to a broad clientele, including businesses, banks, credit unions, other financial institutions, merchants, and corporate enterprises. Established in 1984, Fiserv, Inc. maintains its corporate headquarters in Brookfield, Wisconsin.
Financial Metrics — FISV PE Stock Valuation Data
PE Ratio (TTM)
10.1x
PEG Ratio
n/m
Earnings Yield
9.94%
ROE (TTM)
10.8%
Revenue/Share (TTM)
$38.94
Debt/Equity
1.04x
Frequently Asked Questions
What is the PE ratio of FISV?
The trailing twelve-month PE ratio of FISV reflects how much investors pay per dollar of Fiserv, Inc.'s earnings. This metric is most useful when compared to Information Technology Services peers and the company's own historical range.
Is FISV overvalued based on PE ratio?
FISV's PE of 10.1x combined with a PEG ratio of -0.77 provides a growth-adjusted perspective. FISV has negative earnings, so its PE and PEG ratios are not meaningful here and cannot tell you whether the stock is over or undervalued. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical Information Technology Services, a DCF analysis may be more appropriate.
How do I value FISV stock using PE ratio?
To value Fiserv, Inc. using PE: (1) Compare the current PE (10.1x) against the Information Technology Services median to assess relative pricing, (2) check the PEG ratio (-0.77) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
What is the PEG ratio of FISV?
FISV's PEG ratio is -0.77, calculated by dividing the PE ratio (10.1x) by the expected earnings growth rate. Because FISV has negative earnings, its PEG ratio is not meaningful and should not be read as a sign of under or overvaluation. Note that PEG accuracy depends on the reliability of growth estimates.
Should I use PE ratio or DCF for FISV stock valuation?
PE ratio gives a quick relative read — how FISV is priced versus Information Technology Services peers. DCF provides an absolute value based on projected free cash flows. For the most reliable valuation, use PE as a quick comparability screen and DCF for a deeper fundamental analysis. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
Learn More
- See FISV DCF Valuation → — Intrinsic value via Discounted Cash Flow analysis
- PE Methodology — Step-by-step guide to PE ratio stock valuation
- DCF Methodology — Guide to discounted cash flow analysis
- PE Ratio — Understanding the price-to-earnings ratio
- Intrinsic Value — How to evaluate stock fair value
Related PE Valuations
All Technology valuationsP/E and DCF value FISV with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-08-21. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.