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Fiserv, Inc. (FISV)
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Fiserv, Inc. (FISV) DCF Valuation

Transparent DCF models put Fiserv, Inc. (FISV)'s fair value in a range of $76.49$335.52 — the low end is TGM's conservative base case (5% FCF growth, 10% discount), the high end the analyst consensus (FMP). Today's price of $54.03 sits below that range — by these conservative assumptions it screens as potentially undervalued.

Reverse DCF: at today's $54.03, the market is pricing in roughly +2.3%/yr free-cash-flow growth over the next decade (at a 10% required return) — versus its actual 5-year FCF CAGR of +4.6%. The price assumes a slowdown from its track record — a potential value signal if growth holds.

Current Price

$54.03

Fair-Value Range

$76.49 – $335.52

Market-Implied Growth

+2.3%/yr

vs +4.6% 5Y actual

FISV DCF Fair Value Calculator

Edit the assumptions to see how they change the estimated fair value. Illustrative model — not investment advice. Defaults to a conservative base case; the analyst (FMP) DCF, where available, is shown as a reference below.

5%/yr
Historical FCF CAGR: 3Y 6.4% · 5Y 4.6% · 10Y 13.5%
10%
2.5%
10yr

Base inputs: FCF $4.1B · 0.53B shares · net debt $26.1B

Estimated Fair Value

$76.49

+41.6% vs $54.03

Current price$54.03
Analyst DCF (FMP)$335.52

Sensitivity — fair value by discount rate × terminal growth

How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $54.03; red = below. Your current case is outlined.

WACC ↓ / Terminal →1.50%2.00%2.50%3.00%3.50%
8.0%$107$115$124$136$150
9.0%$84.94$90.41$96.71$104$113
10.0%$68.20$72.08$76.49$81.52$87.33
11.0%$55.03$57.88$61.06$64.65$68.71
12.0%$44.42$46.56$48.93$51.55$54.49

About Fiserv, Inc.

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.

Milwaukee, WI
38,000 employees
Technology / Information Technology Services
Sector
Technology
Industry
Information Technology Services
CEO
Michael Patrick Lyons