Why we don't show a single “fair value” for FIS
Even the conservative scenario ($81.61) sits far above today's price — trailing cash flows may be cyclically elevated. The honest lens is the question below: what growth does today's price actually require? The model scenarios are listed further down for reference.
What would today's price require?
$39.42 is justified only if free cash flow grows about -17.7% a year (fading to 2.5% long-run) at a 8.2% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 0.5%/yr | 9.2% | $81.61 |
| Base case | 2.0%/yr | 8.2% | $103.74 |
| Optimistic | 5.0%/yr | 7.2% | $145.71 |
| Third-party model estimate (FMP) | independent reference · retrieved Sep 9, 2026 · assumptions not provided | $73.98 | |
The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.
Current Price
$39.42
Market-Implied Growth
-17.7%/yr
vs -5.1% 5Y actual
Base-Case Model Value
$103.74
model output — not a price target
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for FIS (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $3.2B · 0.52B shares · net debt $3.4B
Estimated Fair Value
$103.74
+163.2% vs $39.42
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 2.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $39.42; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 6.2% | $132 | $146 | $163 | $186 | $218 |
| 7.2% | $107 | $116 | $127 | $141 | $157 |
| 8.2% | $90.37 | $96.52 | $104 | $112 | $123 |
| 9.2% | $77.74 | $82.20 | $87.32 | $93.25 | $100 |
| 10.2% | $68.01 | $71.37 | $75.15 | $79.46 | $84.40 |
