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Fiserv CDR (CAD Hedged) (FI) Fair Value & Analysis

Technology · CA · Market cap C$36.2B (≈ $26.2B)

What is Fiserv CDR (CAD Hedged) really worth?

FC Fiserv CDR (CAD Hedged) FI · TO
Price from Jul 17, 2026C$5.13
Fair ValueC$8.07
Upside+57.3%
Quality64/100

A solid business, trading 36% below our fair value of C$8.07.

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Strengths

Healthy Growth (revenue 3y +6.1 %/yr)
Moderate debt · generates free cash flow

Risks

!Thin margins · 0.0% net margin
!Mixed vs. peers (5/11)
!Moderate moat 60/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range C$3.99 – C$12.80

Fair value as of: Aug 13, 2026

From 23 valuation models · updated 22 days ago

Share price +4.1% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The model range is unusually wide (C$3.99 to C$12.80). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid quality (64/100) at a price below fair value, the discount is the argument here, not the business quality.

Price vs Fair Value (7 months)

C$7.12 C$4.79 Fair Value C$8.07 Dec 2025 Jul 2026

White line = price, green steps = our fair value per fiscal year. As of Aug 13, 2026.

How to read this chart

7‑month range C$4.79 – C$7.12 · fair‑value band C$3.99 – C$12.80 · the C$5.13 price screens below the C$8.07 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Aug 13, 2026.

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Analysis

Fiserv CDR (CAD Hedged) (FI) currently trades at C$5.13, while our model-based Fair Value estimate is C$8.07, implying the stock looks roughly 36.4% undervalued today. The Quality Score stands at 64/100 (solid quality), in the Technology sector. Bull case: the Growth Earnings group reads highest at a median of C$11.32 per share, and 18 of the 23 models we run sit above the C$5.13 price. Bear case: the Asset-Based group reads lowest at C$2.45, and 5 of the 23 models stay below the price. Evidence for this calculation is low.

Net debt stands at C$26.1B. The stock trades on a trailing P/E of 10.2 (as of Jun 13, 2026). Fundamentals as of Aug 13, 2026

Our scenario range runs from C$3.99 (bear case) to C$12.80 (bull case); at C$5.13, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 29% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 69% fair-value upside, at 57%, FI screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF C$3.05 C$6.25 C$10.92 74
Growth DCF C$3.22 C$6.14 C$10.20 73
Owner Earnings C$3.94 C$7.57 C$12.88 71
All 23 models by family
DCF Models
FCF DCF C$3.05 C$6.25 C$10.92 74
Owner Earnings C$3.94 C$7.57 C$12.88 71
5Y Revenue Exit C$3.24 C$7.08 C$11.87 67
5Y EBITDA Exit C$8.37 C$16.37 C$25.49 70
5Y P/E Exit C$4.64 C$9.62 C$14.67 66
10Y Revenue Exit C$2.89 C$6.33 C$10.72 61
10Y EBITDA Exit C$6.34 C$12.67 C$20.81 63
10Y P/E Exit C$3.99 C$8.07 C$12.80 59
Earnings-Based
Graham-Dodd C$3.35 C$8.76 C$11.43 62
PEG = 1.0 C$1.67 C$2.38 C$3.10 55
EPV C$2.49 C$3.50 C$4.39 71
Multiples
P/E Multiple C$10.36 C$13.81 C$17.27 63
P/S Multiple C$6.29 C$8.39 C$10.48 58
P/B Multiple C$6.29 C$8.39 C$10.48 55
EV/EBIT C$10.95 C$15.80 C$20.64 65
EV/EBITDA C$13.36 C$19.02 C$24.67 67
EV/Revenue C$3.76 C$6.91 C$10.06 52
Asset-Based
NCAV (Graham) C$1.83 C$2.45 C$3.66 54
Growth DCF
Growth DCF C$3.22 C$6.14 C$10.20 73
Rev-Margin DCF C$3.24 C$7.11 C$11.37 67
Economic Profit
Residual Income C$3.52 C$4.39 C$10.19 61
ROIC Compounder C$2.49 C$3.50 C$4.97 68
Growth Earnings
Growth-Adj P/E C$7.92 C$11.32 C$14.71 65

Widest divergence: Growth Earnings (C$11.32) versus Asset-Based (C$2.45). Highest evidence: FCF DCF (74).

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Key figures & financial health

P/E ratio 10.2 as of Jun 13, 2026
P/S ratio 1.68 P/E × margin
Net margin 16.4% FY2025
Return on equity 1,364% TTM
Return on assets (EBIT) 6.1% avg 4y
Free cash flow C$4.3B FY2025
More key figures
Balance sheet & cash flow
Net debt C$26.1B FY2025 · ≈ 6.1 yrs of FCF

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 60 · Market factors (momentum, volatility) 23

Profitability 40
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 81
Earnings quality: real cash, not paper profit
Fin. Strength 27
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 36
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Fiserv, Inc. provides payments and financial services technology solutions in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through the Merchant Solutions and Financial Solutions segments.

Full company description

Fiserv, Inc. provides payments and financial services technology solutions in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through the Merchant Solutions and Financial Solutions segments. The company provides merchant acquiring and digital commerce services, mobile payment services, security and fraud protection solutions, stored-value solutions, software-as-a-service, and pay-by-bank solutions, as well as Clover, a point-of-sale and business management platform through various channels, including direct sales teams, strategic partnerships with agent sales forces, independent software vendors, independent sales organizations, financial institutions, and other strategic partners. It also offers debit card processing services, debit network services, security and fraud protection products, bill payment; person-to-person payments, account-to-account transfers, credit card processing services, prepaid card processing services, card production services, print services, government payment processing, student loan processing, and customer loan and deposit account processing; digital banking; financial and risk management; and professional services and consulting, check processing, automated clearing house, and real-time payments. It serves large enterprise, small business, banks, credit union, large financial institution, fintech, public sectors, and software providers. Fiserv, Inc. was incorporated in 1984 and is headquartered in Milwaukee, Wisconsin.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Fiserv CDR (CAD Hedged) reported revenue of $21.2B in FY2025 versus $17.7B in FY2022, a compound +6.1%/yr. Reported net income was $3.5B in FY2025, compounding +11.2%/yr from FY2022.

Growth Quality 76/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
C$21.2B
Latest YoY
+3.6%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.1%
Value creation/yr (3Y) Earnings growth per share (CAGR 3 years) plus dividend yield: value created per share and year.
+12.4% (12.4 + 0.0)
Revenue +6.1%/yr
FY22 $17.7B
FY23 $19.1B
FY24 $20.5B
FY25 $21.2B
Net income +11.2%/yr
FY22 $2.5B
FY23 $3.1B
FY24 $3.1B
FY25 $3.5B

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Cite: Fair Value Calculator (2026). "Fiserv CDR (CAD Hedged) Fair Value". https://www.fairvalue-calculator.com/stock/FI

Peer Group

Information Technology Services · 486 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 64 · Top 25%
Fair Value upside +57% · Top 25%
Return on assets 0% · Below median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Below median
Revenue growth 0% · Below median
Debt / equity 1.01× · Higher than 75% of peers

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/E (TTM) 10.2× · Cheaper than 75% of peers
P/B 1.01× · Cheaper than median
P/FCF 6.1× · Pricier than median
PEG 0.79× · Cheaper than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 34
FUTURE0 · sector 31
PAST0 · sector 33
HEALTH49 · sector 97
DIVIDEND0 · sector 36

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.59 $175.76 −25%
Accenture plc ACN $189.61 $334.27 +76%
Tata Consultancy Services Limited TCS ₹2,302 ₹3,473 +51%
Infosys Limited INFY ₹1,156 ₹1,958 +69%
HCL Technologies Limited HCLTECH ₹1,282 ₹1,722 +34%
Wipro Limited WIT $1.83 $3.51 +92%
Fidelity National Information Services, Inc FIS $41.34 $19.28 −53%
Cognizant Technology Solutions Corporation CTSH $64.04 $132.01 +106%
Capgemini SE CAP €109.45 €222.79 +104%
CDW Corporation CDW $153.92 $179.36 +17%

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Frequently asked questions

Is Fiserv CDR (CAD Hedged) (FI) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of C$8.07 versus the last price from Jul 17, 2026 of C$5.13, about +57% upside (undervalued).
What is the fair value of FI?
Our model-based fair value for Fiserv CDR (CAD Hedged) is C$8.07 (as of Aug 13, 2026), built from audited fundamentals. Last price (from Jul 17, 2026): C$5.13.
What is the quality score of FI?
Fiserv CDR (CAD Hedged) has a Quality Score of 64/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the net profit margin of FI?
The net profit margin of Fiserv CDR (CAD Hedged) is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
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