Discover Revenue to Assets vs Book Value per Share Analysis

DFS Stock  USD 128.00  2.58  2.06%   
Trend analysis of Discover Financial Services balance sheet accounts such as Total Stockholder Equity of 10.5 B or Net Debt of 5.6 B provides information on Discover Financial's total assets, liabilities, and equity, which is the actual value of Discover Financial to its prevalent stockholders. By breaking down trends over time using Discover Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Discover Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

About Discover Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Discover Financial at a specified time, usually calculated after every quarter, six months, or one year. Discover Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Discover Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Discover currently owns. An asset can also be divided into two categories, current and non-current.

Discover Financial Balance Sheet Chart

Discover Financial Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Discover Financial uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Discover Financial's Non Currrent Assets Other are comparatively stable compared to the past year. Net Receivables is likely to gain to about 126.5 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 18.1 B in 2024.

Total Assets

Total assets refers to the total amount of Discover Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Discover Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Discover Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Discover Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Discover Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Enterprise Value Multiple is likely to gain to 238.72 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 B in 2024.
 2023 2024 (projected)
Total Revenue20.6B21.6B
Interest Expense860M1.3B

Discover Financial fundamental ratios Correlations

0.650.93-0.050.51-0.820.54-0.830.560.060.13-0.570.830.810.060.730.250.140.70.670.46-0.340.860.15-0.49-0.32
0.650.70.47-0.09-0.340.04-0.350.380.650.6-0.330.360.37-0.040.650.290.290.970.490.45-0.010.830.15-0.57-0.31
0.930.70.070.46-0.680.52-0.740.650.010.02-0.430.670.760.150.670.220.160.690.540.47-0.210.850.17-0.52-0.23
-0.050.470.07-0.380.35-0.130.30.250.360.250.21-0.37-0.23-0.21-0.370.520.640.38-0.380.490.090.170.0-0.53-0.04
0.51-0.090.46-0.38-0.640.81-0.750.47-0.62-0.61-0.340.60.770.10.250.180.15-0.050.350.37-0.540.3-0.11-0.220.19
-0.82-0.34-0.680.35-0.64-0.550.95-0.420.180.020.82-0.98-0.9-0.09-0.66-0.17-0.01-0.48-0.78-0.260.59-0.530.080.210.31
0.540.040.52-0.130.81-0.55-0.740.76-0.52-0.43-0.360.450.79-0.090.170.550.460.080.090.7-0.680.370.01-0.56-0.14
-0.83-0.35-0.740.3-0.750.95-0.74-0.620.280.120.75-0.89-0.99-0.14-0.64-0.32-0.16-0.46-0.67-0.430.67-0.610.010.360.32
0.560.380.650.250.47-0.420.76-0.62-0.3-0.28-0.310.280.690.160.20.70.670.370.040.69-0.50.560.15-0.61-0.18
0.060.650.010.36-0.620.18-0.520.28-0.30.910.04-0.08-0.3-0.40.37-0.050.00.610.210.030.410.290.18-0.19-0.15
0.130.60.020.25-0.610.02-0.430.12-0.280.91-0.150.05-0.17-0.340.410.05-0.050.630.290.030.170.280.21-0.17-0.53
-0.57-0.33-0.430.21-0.340.82-0.360.75-0.310.04-0.15-0.76-0.71-0.05-0.54-0.19-0.03-0.53-0.64-0.220.61-0.320.250.190.4
0.830.360.67-0.370.6-0.980.45-0.890.28-0.080.05-0.760.830.040.70.03-0.120.490.80.21-0.460.53-0.09-0.2-0.24
0.810.370.76-0.230.77-0.90.79-0.990.69-0.3-0.17-0.710.830.130.60.380.240.470.610.51-0.680.630.0-0.43-0.3
0.06-0.040.15-0.210.1-0.09-0.09-0.140.16-0.4-0.34-0.050.040.130.13-0.18-0.24-0.080.17-0.38-0.080.20.020.39-0.11
0.730.650.67-0.370.25-0.660.17-0.640.20.370.41-0.540.70.60.13-0.13-0.230.70.850.06-0.10.730.16-0.14-0.29
0.250.290.220.520.18-0.170.55-0.320.7-0.050.05-0.190.030.38-0.18-0.130.940.3-0.10.68-0.620.330.18-0.54-0.38
0.140.290.160.640.15-0.010.46-0.160.670.0-0.05-0.03-0.120.24-0.24-0.230.940.25-0.210.68-0.440.270.13-0.55-0.07
0.70.970.690.38-0.05-0.480.08-0.460.370.610.63-0.530.490.47-0.080.70.30.250.580.45-0.140.790.08-0.55-0.4
0.670.490.54-0.380.35-0.780.09-0.670.040.210.29-0.640.80.610.170.85-0.1-0.210.58-0.13-0.250.580.030.12-0.24
0.460.450.470.490.37-0.260.7-0.430.690.030.03-0.220.210.51-0.380.060.680.680.45-0.13-0.420.460.01-0.97-0.16
-0.34-0.01-0.210.09-0.540.59-0.680.67-0.50.410.170.61-0.46-0.68-0.08-0.1-0.62-0.44-0.14-0.25-0.42-0.180.340.250.43
0.860.830.850.170.3-0.530.37-0.610.560.290.28-0.320.530.630.20.730.330.270.790.580.46-0.180.3-0.51-0.32
0.150.150.170.0-0.110.080.010.010.150.180.210.25-0.090.00.020.160.180.130.080.030.010.340.3-0.03-0.23
-0.49-0.57-0.52-0.53-0.220.21-0.560.36-0.61-0.19-0.170.19-0.2-0.430.39-0.14-0.54-0.55-0.550.12-0.970.25-0.51-0.030.17
-0.32-0.31-0.23-0.040.190.31-0.140.32-0.18-0.15-0.530.4-0.24-0.3-0.11-0.29-0.38-0.07-0.4-0.24-0.160.43-0.32-0.230.17
Click cells to compare fundamentals

Discover Financial Account Relationship Matchups

Discover Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets114.0B112.9B110.2B131.6B151.6B86.8B
Short Long Term Debt Total25.7B21.2B20.2B20.1B21.3B18.1B
Total Stockholder Equity11.9B10.9B13.4B14.6B14.8B10.5B
Net Debt8.1B(4.5B)2.0B(997M)9.6B5.6B
Other Assets83.5B70.1B80.9B107.6B151.5B159.1B
Common Stock Shares Outstanding345M320M307M300M254M342.2M
Liabilities And Stockholders Equity114.0B112.9B110.2B131.6B151.6B86.8B
Non Current Liabilities Total25.7B21.2B19.0B117.0B130.6B137.1B
Other Stockholder Equity(9.9B)(10.2B)(12.3B)(14.6B)(16.5B)(15.6B)
Total Liab25.7B21.2B96.8B117.0B136.8B143.6B
Other Current Liab57.6B66.7B(1.3B)19.8B4.0B3.8B
Total Current Liabilities62.9B70.9B1.3B23.6B6.2B5.9B
Other Liab199M227M198M212M190.8M181.3M
Property Plant And Equipment Net1.1B1.0B983M1.0B1.1B818.5M
Retained Earnings21.3B20.0B24.8B28.5B30.4B32.0B
Accounts Payable3.7B3.9B72.4B5.3B6.1B11.2B
Cash17.6B25.7B18.2B21.1B11.7B13.2B
Non Current Assets Total12.1B13.5B8.1B13.5B148.1B155.5B
Non Currrent Assets Other(933M)(2.2B)(1.9B)(2.1B)133.4B140.0B
Long Term Debt25.7B21.2B19.0B20.1B20.6B17.4B
Cash And Short Term Investments18.4B28.4B20.3B10.6B13.8B11.2B
Net Receivables92.5B944M914M104.7B120.5B126.5B
Short Term Investments875M2.7B2.0B1.7B2.1B1.7B
Inventory(94.6B)(2.1B)(4.7B)(107.5B)(96.7B)(91.9B)
Other Current Assets2.0B2.1B4.7B2.8B3.5B4.5B
Property Plant And Equipment Gross1.1B1.0B2.8B2.9B3.1B3.3B
Total Current Assets18.4B29.3B21.2B10.6B3.5B3.3B
Accumulated Other Comprehensive Income(119M)45M(94M)(339M)(225M)(213.8M)
Short Term Debt5.2B4.2B1.3B3.8B2.2B2.1B
Intangible Assets161M155M95M255M293.3M190.1M
Property Plant Equipment1.1B1.0B983M1.0B1.2B734.0M
Treasury Stock(14.1B)(14.4B)(16.7B)(19.1B)(17.1B)(16.3B)
Retained Earnings Total Equity21.3B20.0B24.8B28.5B32.7B34.4B
Deferred Long Term Liab32M23M24M33M36.8M19.3M
Net Tangible Assets10.9B9.5B13.2B13.3B15.3B11.1B
Long Term Debt Total25.7B21.2B18.5B20.1B23.1B24.7B

Discover Financial Investors Sentiment

The influence of Discover Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Discover. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Discover Financial's public news can be used to forecast risks associated with an investment in Discover. The trend in average sentiment can be used to explain how an investor holding Discover can time the market purely based on public headlines and social activities around Discover Financial Services. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Discover Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Discover Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Discover Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Discover Financial.

Discover Financial Implied Volatility

    
  30.18  
Discover Financial's implied volatility exposes the market's sentiment of Discover Financial Services stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Discover Financial's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Discover Financial stock will not fluctuate a lot when Discover Financial's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Discover Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Discover Financial's short interest history, or implied volatility extrapolated from Discover Financial options trading.

Pair Trading with Discover Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Discover Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Discover Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Discover Stock

  0.67MA Mastercard Financial Report 25th of April 2024 PairCorr
  0.65TW Tradeweb Markets Financial Report 25th of April 2024 PairCorr

Moving against Discover Stock

  0.69WAVS Western AcquisitionPairCorr
  0.68DHIL Diamond Hill InvestmentPairCorr
  0.67MCBC Macatawa Bank Fiscal Quarter End 31st of March 2024 PairCorr
  0.6MBCN Middlefield Banc Fiscal Quarter End 31st of March 2024 PairCorr
  0.6MBWM Mercantile Bank Fiscal Quarter End 31st of March 2024 PairCorr
The ability to find closely correlated positions to Discover Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Discover Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Discover Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Discover Financial Services to buy it.
The correlation of Discover Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Discover Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Discover Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Discover Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Discover Financial is a strong investment it is important to analyze Discover Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Discover Financial's future performance. For an informed investment choice regarding Discover Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Discover Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Discover Financial information on this page should be used as a complementary analysis to other Discover Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Discover Stock analysis

When running Discover Financial's price analysis, check to measure Discover Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Discover Financial is operating at the current time. Most of Discover Financial's value examination focuses on studying past and present price action to predict the probability of Discover Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discover Financial's price. Additionally, you may evaluate how the addition of Discover Financial to your portfolios can decrease your overall portfolio volatility.
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Is Discover Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Discover Financial. If investors know Discover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Discover Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.59)
Dividend Share
2.7
Earnings Share
11.26
Revenue Per Share
38.748
Quarterly Revenue Growth
(0.19)
The market value of Discover Financial is measured differently than its book value, which is the value of Discover that is recorded on the company's balance sheet. Investors also form their own opinion of Discover Financial's value that differs from its market value or its book value, called intrinsic value, which is Discover Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Discover Financial's market value can be influenced by many factors that don't directly affect Discover Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Discover Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Discover Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Discover Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.