Q: I have difficulty determining certain financial metrics* for FISV. This is perhaps due to the closing by FISV of its acquisition of First Data in 2019 and the consolidation of statements . (FISV’s acquisition in December of ONDOT would not be a factor).
Data I have access to show a very low ROE, and a sky-high PEG.
1.*Would you have something more current on your systems for forward P/E , PEG, and projected ROE?
2. I had assumed FISV’s management was generally fine, but I see now that other FinTech and payment processor companies have done much better over the preceding ten years. Do you think FISV may have swallowed more than it can digest in terms of both debt, and in its ability to effectively merge operations?
3. If you had small positions in MA and FISV, to which one, if any, would you add? (perhaps not comparable) .
( Trading on Thursday 14Jan: MA dropped 5.6%, Visa -3.6%v, PYPL -1.11% , FISV -2% but SQ up 0.8%, and DFS up 1.5%. Struck me as puzzling or is this normal? )
Data I have access to show a very low ROE, and a sky-high PEG.
1.*Would you have something more current on your systems for forward P/E , PEG, and projected ROE?
2. I had assumed FISV’s management was generally fine, but I see now that other FinTech and payment processor companies have done much better over the preceding ten years. Do you think FISV may have swallowed more than it can digest in terms of both debt, and in its ability to effectively merge operations?
3. If you had small positions in MA and FISV, to which one, if any, would you add? (perhaps not comparable) .
( Trading on Thursday 14Jan: MA dropped 5.6%, Visa -3.6%v, PYPL -1.11% , FISV -2% but SQ up 0.8%, and DFS up 1.5%. Struck me as puzzling or is this normal? )
