Accenture PLC (ACN) vs Fiserv, Inc. (FISV)

Accenture PLC and Fiserv, Inc. are both Information Technology Services companies. Accenture PLC is the larger, with a market value of $109.3B against $24.5B — 4.5× the size. Fiserv, Inc. trades at the lower P/E: 8.9× against 14.0×. Accenture PLC grew revenue faster over the last twelve months: 6.74% against −1.17%. Fiserv, Inc. has the higher net margin (13.4% vs 10.7%) and the lower return on invested capital (5.38% vs 23.7%). Across the 22 metrics below, Fiserv, Inc. leads on 13 and Accenture PLC on 9.

Valuation

Metric ACN FISV Information Technology Services median
P/E 13.95 8.92 14.63
P/S 1.47 1.19 1.13
P/B 3.27 0.92 2.10
Price to free cash flow 8.57 6.02 10.11
EV/EBITDA 7.84 6.52 8.56
EV/Sales 1.41 2.49 1.20
Earnings yield 7.17% 11.21% 4.56%
Free cash flow yield 11.67% 16.61% 4.37%

Profitability

Metric ACN FISV Information Technology Services median
Gross margin 32.01% 55.37% 31.05%
Operating margin 14.49% 22.33% 3.30%
Net margin 10.66% 13.42% 2.09%
Free cash flow margin 17.21% 19.71% 0.00%
Return on equity 24.13% 10.63% 4.12%
Return on assets 11.79% 3.45% 0.61%
Return on invested capital 23.66% 5.38% 0.57%

Growth

Metric ACN FISV Information Technology Services median
Revenue growth (TTM) 6.74% (1.17%) 7.12%
EPS growth (last fiscal year) 6.21% 17.84% —
Revenue growth, 5-year CAGR 9.47% 7.37% 7.71%
Net income growth, 5-year CAGR 8.49% 29.43% 0.00%

Health

Metric ACN FISV Information Technology Services median
Debt to equity 0.16 1.04 0.45
Current ratio 1.34 1.04 1.66
Net debt to EBITDA (0.50) 3.12 0.44

Dividend

Metric ACN FISV Information Technology Services median
Dividend yield 1.33% — 1.21%
Payout ratio 0.39 0.00 0.00

Size

Metric ACN FISV Information Technology Services median
Market cap 109.34b 24.46b 1.36b

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