There's no rate to imply here.

The data isn't there yet — here's what's missing:

  • Caution:
    What is missing
    Fidelity National Information Services deconsolidated Worldpay — about 40% of the old company — after selling a majority stake in early 2024, and is now in the middle of a further three-way transaction with Global Payments. Our fair value compounds from five years of free cash flow, and those years span the company before and after Worldpay left. A five-year base that describes the go-forward FIS is several filings away.

TickerMath is an educational tool, not investment advice — it computes one model from SEC filings and can be wrong. How we compute this →