Fidelity National Information Services (MIL:1FIS) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


MIL:1FIS Fidelity National Information Services Inc MIL:1FIS
43 GF Score
Price €36.12
GF Value €83.09
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Fidelity National Information Services Return-on-Tangible-Equity?

Fidelity National Information Services MIL:1FIS 43 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates MIL:1FIS with a GF Score™ of 43/100 and a GF Value™ of €83.09 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,476 Software companies, Fidelity National Information Services ranks better than 99.92% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Fidelity National Information Services's annualized net income for the quarter that ended in Mar. 2026 was €8,186 Mil. Fidelity National Information Services's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €-11,192 Mil. Therefore, Fidelity National Information Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Fidelity National Information Services's Return-on-Tangible-Equity or its related term are showing as below:

MIL:1FIS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -331.09   Med: -331.09   Max: -331.09
Current: Negative Tangible Equity

During the past 13 years, Fidelity National Information Services's highest Return-on-Tangible-Equity was -331.09%. The lowest was -331.09%. And the median was -331.09%.

MIL:1FIS's Return-on-Tangible-Equity is ranked better than
99.92% of 2476 companies
in the Software industry
Industry Median: 8.82 vs MIL:1FIS: Negative Tangible Equity

Fidelity National Information Services  (MIL:1FIS) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Fidelity National Information Services Return-on-Tangible-Equity Related Terms


Fidelity National Information Services Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Fidelity National Information Services's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fidelity National Information Services Return-on-Tangible-Equity Chart

Fidelity National Information Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity 0.00 -317.43 Negative Tangible Equity Negative Tangible Equity

Fidelity National Information Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity 0.00 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

MIL:1FIS vs CTSH, CDW, BR: Return-on-Tangible-Equity Comparison

For the Information Technology Services subindustry, Fidelity National Information Services's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fidelity National Information Services Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, Fidelity National Information Services's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Fidelity National Information Services's Return-on-Tangible-Equity falls into.


MIL:1FIS
43GF Score
Fidelity National Information Services Inc MIL:1FIS
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fidelity National Information Services Return-on-Tangible-Equity Calculation

Fidelity National Information Services's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=326.228/( (-5162.73+-6574.092 )/ 2 )
=326.228/-5868.411
=Negative Tangible Equity %

Fidelity National Information Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=8186.36/( (-6574.092+-15810.47)/ 2 )
=8186.36/-11192.281
=Negative Tangible Equity %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Fidelity National Information Services (MIL:1FIS) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Fidelity National Information Services and its competitors. According to the industry distribution chart, Fidelity National Information Services ranks #2 out of 2476 companies in the Software industry, placing it in the top 0.099999999999994%.
Is Fidelity National Information Services' Return-on-Tangible-Equity too high?
Fidelity National Information Services' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Fidelity National Information Services ranks #2 out of 2476 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Fidelity National Information Services has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fidelity National Information Services' Return-on-Tangible-Equity compare to CTSH and CDW?
According to the Software industry distribution chart, Fidelity National Information Services ranks #2 out of 2476 companies for Return-on-Tangible-Equity. This places Fidelity National Information Services in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.82, based on 2,476 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Fidelity National Information Services and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fidelity National Information Services's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity National Information Services stock overvalued right now?
Based on GuruFocus' analysis, Fidelity National Information Services (MIL:1FIS) is currently considered Possible Value Trap. The stock's GF Value™ is €83.09, compared to a current price of €36.12 — trading 56.5% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Fidelity National Information Services' overall GF Score™ is 43/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Fidelity National Information Services (MIL:1FIS), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fidelity National Information Services (MIL:1FIS) Overvalued in 2026?

Based on GuruFocus' analysis, Fidelity National Information Services stock appears to be undervalued. The current stock price of €36.12 is trading 56.5% below its estimated GF Value™ of €83.09. GuruFocus considers Fidelity National Information Services to be Possible Value Trap.

Key valuation signals for MIL:1FIS:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: €83.09 vs. price of €36.12 (56.5% below fair value)
  • GF Score™: 43/100 with 3 warning signs

No single metric tells the full story. See the MIL:1FIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fidelity National Information Services Business Description

Address 347 Riverside Avenue, Jacksonville, FL, USA, 32202
Fidelity National Information Services provides core processing and ancillary services to banks, but its business has expanded over time. By acquiring SunGard in 2015, the company now provides record-keeping and other services to investment firms. In a recent deal with Global Payments, FIS sold off its remaining interest in Worldpay and acquired Global Payment's issuer processing business.
43GF Score

Get the complete analysis for MIL:1FIS

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€36.12
Price
€83.09
GF Value