What is Fidelity National Information Services, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Fidelity National Information Services, Inc.'s reported free cash flow gives $22.87 per share. The share price was $28.31 on November 10, 2026, 24% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -8.0% | 10.0% | $3.07 | -89% |
| Base | -3.0% | 9.0% | $22.87 | -19% |
| Bull | 2.0% | 8.0% | $59.81 | +111% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $36.26 | $40.23 | $45.08 | $51.14 | $58.94 |
| 8.0% | $26.35 | $28.93 | $31.97 | $35.62 | $40.08 |
| 9.0% | $19.08 | $20.84 | $22.87 | $25.24 | $28.04 |
| 10.0% | $13.49 | $14.75 | $16.16 | $17.79 | $19.66 |
| 11.0% | $9.08 | $9.99 | $11.02 | $12.17 | $13.48 |
Where the presets come from
Base: years 1 to 5 grow at Fidelity National Information Services, Inc.'s revenue growth rate over the last 5 fiscal years (-3.2% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions