FIDELITY NATIONAL FINANCIAL (FNF) Fundamental Analysis & Valuation
NYSE:FNF • US31620R3030
50.08 USD
-0.12 (-0.24%)
At close: Mar 6, 2026
50.08 USD
0 (0%)
After Hours: 3/6/2026, 8:19:17 PM
This FNF fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
FNF gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 149 industry peers in the Insurance industry. Both the profitability and the financial health of FNF get a neutral evaluation. Nothing too spectacular is happening here. FNF is valued quite cheap, but it does not seem to be growing. FNF also has an excellent dividend rating.
1. FNF Profitability Analysis
1.1 Basic Checks
- In the past year FNF was profitable.
- In the past year FNF had a positive cash flow from operations.
- FNF had positive earnings in each of the past 5 years.
- FNF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 1.10%, FNF is in line with its industry, outperforming 40.27% of the companies in the same industry.
- FNF has a better Return On Equity (13.99%) than 66.44% of its industry peers.
- FNF has a Return On Invested Capital (1.36%) which is in line with its industry peers.
- FNF had an Average Return On Invested Capital over the past 3 years of 1.58%. This is significantly below the industry average of 15.27%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 13.99% | ||
| ROIC | 1.36% |
ROA(3y)1.32%
ROA(5y)2.28%
ROE(3y)15.01%
ROE(5y)18.36%
ROIC(3y)1.58%
ROIC(5y)2.53%
1.3 Margins
- The Profit Margin of FNF (8.32%) is comparable to the rest of the industry.
- FNF's Profit Margin has declined in the last couple of years.
- FNF has a Operating Margin of 12.97%. This is comparable to the rest of the industry: FNF outperforms 56.38% of its industry peers.
- In the last couple of years the Operating Margin of FNF has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.97% | ||
| PM (TTM) | 8.32% | ||
| GM | N/A |
OM growth 3Y-15.37%
OM growth 5Y-3.18%
PM growth 3Y-19.69%
PM growth 5Y-5.88%
GM growth 3YN/A
GM growth 5YN/A
2. FNF Health Analysis
2.1 Basic Checks
- FNF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- FNF has less shares outstanding than it did 1 year ago.
- FNF has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, FNF has an improved debt to assets ratio.
2.2 Solvency
- FNF has a debt to FCF ratio of 0.78. This is a very positive value and a sign of high solvency as it would only need 0.78 years to pay back of all of its debts.
- FNF has a better Debt to FCF ratio (0.78) than 74.50% of its industry peers.
- A Debt/Equity ratio of 0.53 indicates that FNF is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.53, FNF is not doing good in the industry: 74.50% of the companies in the same industry are doing better.
- Even though the debt/equity ratio score it not favorable for FNF, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 0.78 | ||
| Altman-Z | N/A |
ROIC/WACC0.18
WACC7.61%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. FNF Growth Analysis
3.1 Past
- The Earnings Per Share has been growing slightly by 7.33% over the past year.
- Measured over the past years, FNF shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.28% on average per year.
EPS 1Y (TTM)7.33%
EPS 3Y-2.66%
EPS 5Y-1.28%
EPS Q2Q%5.22%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%11.88%
3.2 Future
- FNF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.08% yearly.
- Based on estimates for the next years, FNF will show a small growth in Revenue. The Revenue will grow by 6.51% on average per year.
EPS Next Y25.38%
EPS Next 2Y19.98%
EPS Next 3Y13.08%
EPS Next 5YN/A
Revenue Next Year9.57%
Revenue Next 2Y9.15%
Revenue Next 3Y6.51%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
4. FNF Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 10.06, the valuation of FNF can be described as very reasonable.
- The rest of the industry has a similar Price/Earnings ratio as FNF.
- FNF is valuated cheaply when we compare the Price/Earnings ratio to 26.29, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 8.02, the valuation of FNF can be described as reasonable.
- 69.80% of the companies in the same industry are more expensive than FNF, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.57, FNF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.06 | ||
| Fwd PE | 8.02 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FNF is on the same level as its industry peers.
- Based on the Price/Free Cash Flow ratio, FNF is valued cheaper than 87.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.39 | ||
| EV/EBITDA | 10.95 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- FNF's earnings are expected to grow with 13.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y19.98%
EPS Next 3Y13.08%
5. FNF Dividend Analysis
5.1 Amount
- FNF has a Yearly Dividend Yield of 4.14%, which is a nice return.
- FNF's Dividend Yield is a higher than the industry average which is at 2.68.
- Compared to an average S&P500 Dividend Yield of 1.82, FNF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.14% |
5.2 History
- The dividend of FNF is nicely growing with an annual growth rate of 7.83%!
- FNF has been paying a dividend for at least 10 years, so it has a reliable track record.
- FNF has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.83%
Div Incr Years13
Div Non Decr Years13
5.3 Sustainability
- 46.79% of the earnings are spent on dividend by FNF. This is a bit on the high side, but may be sustainable.
- FNF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP46.79%
EPS Next 2Y19.98%
EPS Next 3Y13.08%
FNF Fundamentals: All Metrics, Ratios and Statistics
50.08
-0.12 (-0.24%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)02-20 2026-02-20/bmo
Earnings (Next)N/A N/A
Inst Owners82.07%
Inst Owner Change-1.28%
Ins Owners5.57%
Ins Owner Change1.55%
Market Cap13.58B
Revenue(TTM)N/A
Net Income(TTM)1.17B
Analysts80
Price Target69.97 (39.72%)
Short Float %1.92%
Short Ratio3.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.14% |
Yearly Dividend2
Dividend Growth(5Y)7.83%
DP46.79%
Div Incr Years13
Div Non Decr Years13
Ex-Date03-17 2026-03-17 (0.52)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.18%
Min EPS beat(2)-12.86%
Max EPS beat(2)8.49%
EPS beat(4)2
Avg EPS beat(4)-6.86%
Min EPS beat(4)-29.93%
Max EPS beat(4)8.49%
EPS beat(8)3
Avg EPS beat(8)-9%
EPS beat(12)4
Avg EPS beat(12)-9.32%
EPS beat(16)7
Avg EPS beat(16)-5.16%
Revenue beat(2)2
Avg Revenue beat(2)5.68%
Min Revenue beat(2)1.74%
Max Revenue beat(2)9.63%
Revenue beat(4)3
Avg Revenue beat(4)-0.95%
Min Revenue beat(4)-18.71%
Max Revenue beat(4)9.63%
Revenue beat(8)6
Avg Revenue beat(8)5.08%
Revenue beat(12)9
Avg Revenue beat(12)4.29%
Revenue beat(16)12
Avg Revenue beat(16)5.78%
PT rev (1m)-2%
PT rev (3m)-1.72%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.7%
EPS NY rev (1m)0.2%
EPS NY rev (3m)5.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.06 | ||
| Fwd PE | 8.02 | ||
| P/S | 0.97 | ||
| P/FCF | 2.39 | ||
| P/OCF | 2.34 | ||
| P/B | 1.63 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.95 |
EPS(TTM)4.98
EY9.94%
EPS(NY)6.24
Fwd EY12.47%
FCF(TTM)20.91
FCFY41.76%
OCF(TTM)21.44
OCFY42.81%
SpS51.81
BVpS30.79
TBVpS-14.04
PEG (NY)0.4
PEG (5Y)N/A
Graham Number58.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 13.99% | ||
| ROCE | 1.79% | ||
| ROIC | 1.36% | ||
| ROICexc | 1.4% | ||
| ROICexgc | 2.05% | ||
| OM | 12.97% | ||
| PM (TTM) | 8.32% | ||
| GM | N/A | ||
| FCFM | 40.36% |
ROA(3y)1.32%
ROA(5y)2.28%
ROE(3y)15.01%
ROE(5y)18.36%
ROIC(3y)1.58%
ROIC(5y)2.53%
ROICexc(3y)1.64%
ROICexc(5y)2.69%
ROICexgc(3y)2.31%
ROICexgc(5y)3.65%
ROCE(3y)2.09%
ROCE(5y)3.35%
ROICexgc growth 3Y-29.6%
ROICexgc growth 5Y-41.63%
ROICexc growth 3Y-31.85%
ROICexc growth 5Y-35.75%
OM growth 3Y-15.37%
OM growth 5Y-3.18%
PM growth 3Y-19.69%
PM growth 5Y-5.88%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 0.78 | ||
| Debt/EBITDA | 3.31 | ||
| Cap/Depr | -28.77% | ||
| Cap/Sales | 1.02% | ||
| Interest Coverage | 8.44 | ||
| Cash Conversion | 438.36% | ||
| Profit Quality | 485.37% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC7.61%
ROIC/WACC0.18
Cap/Depr(3y)30.58%
Cap/Depr(5y)179.02%
Cap/Sales(3y)1.13%
Cap/Sales(5y)1.05%
Profit Quality(3y)692.82%
Profit Quality(5y)464.58%
High Growth Momentum
Growth
EPS 1Y (TTM)7.33%
EPS 3Y-2.66%
EPS 5Y-1.28%
EPS Q2Q%5.22%
EPS Next Y25.38%
EPS Next 2Y19.98%
EPS Next 3Y13.08%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%11.88%
Revenue Next Year9.57%
Revenue Next 2Y9.15%
Revenue Next 3Y6.51%
Revenue Next 5YN/A
EBIT growth 1Y61.27%
EBIT growth 3Y-19.01%
EBIT growth 5Y6.62%
EBIT Next Year61.87%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y3.9%
FCF growth 3Y18.98%
FCF growth 5Y45.43%
OCF growth 1Y4.01%
OCF growth 3Y18.55%
OCF growth 5Y43.47%
FIDELITY NATIONAL FINANCIAL / FNF FAQ
What is the fundamental rating for FNF stock?
ChartMill assigns a fundamental rating of 4 / 10 to FNF.
What is the valuation status of FIDELITY NATIONAL FINANCIAL (FNF) stock?
ChartMill assigns a valuation rating of 7 / 10 to FIDELITY NATIONAL FINANCIAL (FNF). This can be considered as Undervalued.
What is the profitability of FNF stock?
FIDELITY NATIONAL FINANCIAL (FNF) has a profitability rating of 3 / 10.
What is the valuation of FIDELITY NATIONAL FINANCIAL based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FIDELITY NATIONAL FINANCIAL (FNF) is 10.06 and the Price/Book (PB) ratio is 1.63.
How sustainable is the dividend of FIDELITY NATIONAL FINANCIAL (FNF) stock?
The dividend rating of FIDELITY NATIONAL FINANCIAL (FNF) is 8 / 10 and the dividend payout ratio is 46.79%.