Fifth Z Score
FITB   USA Stock  USD 36.38 0.06 0.17% 
Fifth Z Score Analysis
Fifth Third's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..2018  2019  2020  2021 (projected)  
Net Income  2.19 B  2.51 B  1.43 B  1.73 B 
Gross Profit  6.72 B  7.86 B  6.51 B  7.06 B 
Z Score  =  Sum Of   5 Factors 
Current Fifth Third Z Score  0.6 
Most of Fifth Third's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fifth Third Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

Fifth Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Fifth Third is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Fifth Third's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fifth Third's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fifth Third's interrelated accounts and indicators.
0.61  0.34  0.84  0.57  0.58  0.61  
0.61  0.68  0.53  1.0  0.98  1.0  
0.34  0.68  0.1  0.69  0.66  0.67  
0.84  0.53  0.1  0.47  0.47  0.54  
0.57  1.0  0.69  0.47  0.97  1.0  
0.58  0.98  0.66  0.47  0.97  0.97  
0.61  1.0  0.67  0.54  1.0  0.97 
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
According to the company's disclosures, Fifth Third Bancorp has a Z Score of 0.6. This is 75.1% lower than that of the Financial Services sector and significantly higher than that of the Banksâ€”Regional industry. The z score for all United States stocks is 93.12% higher than that of the company.
Fifth Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fifth Third's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fifth Third could also be used in its relative valuation, which is a method of valuing Fifth Third by comparing valuation metrics of similar companies.Fifth Third is currently under evaluation in z score category among related companies.
Fifth Third Current Valuation Drivers
We derive many important indicators used in calculating different scores of Fifth Third from analyzing Fifth Third's financial statements. These drivers represent accounts that assess Fifth Third's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Fifth Third's important valuation drivers and their relationship over time.
2016  2017  2018  2019  2020  2021 (projected)  
Net Income Per Employee  87.41 K  121.05 K  125.77 K  126.43 K  71.61 K  74.96 K  
Revenue Per Employee  385.01 K  425.55 K  457.25 K  492.73 K  421.65 K  386.2 K  
Average Assets  142.88 B  141.4 B  142.49 B  169.28 B  198.74 B  185.59 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  2.67 B  3.32 B  3.12 B  3.67 B  2.29 B  2.78 B  
Earnings Before Interest Taxes and Depreciation Amortization USD  2.67 B  3.32 B  3.12 B  3.67 B  2.29 B  2.78 B  
Average Equity  16.51 B  16.35 B  16.12 B  20.68 B  22.57 B  21.24 B  
Enterprise Value  38.72 B  39.05 B  31.22 B  37.95 B  33.22 B  35.65 B  
Free Cash Flow  1.86 B  1.29 B  2.78 B  1.61 B  46 M  47.21 M  
Invested Capital  154.67 B  155.33 B  156.86 B  176.89 B  212.94 B  199.74 B  
Invested Capital Average  156.94 B  154.27 B  153.77 B  178.75 B  208.83 B  196.58 B  
Market Capitalization  20.38 B  21.41 B  15.43 B  21.82 B  19.64 B  20.18 B  
Tangible Asset Value  139.01 B  138.75 B  142.61 B  163.92 B  199.63 B  185.3 B 
Fifth Fundamentals
Return On Equity  9.33 %  
Return On Asset  1.06 %  
Profit Margin  28.00 %  
Current Valuation  40.36 B  
Shares Outstanding  702.11 M  
Shares Owned by Insiders  0.42 %  
Shares Owned by Institutions  83.55 %  
Number of Shares Shorted  10.68 M  
Price to Earning  13.34 X  
Price to Book  1.26 X  
Price to Sales  3.44 X  
Revenue  7.41 B  
Gross Profit  6.55 B  
EBITDA  2.05 B  
Net Income  1.96 B  
Cash and Equivalents  6.37 B  
Cash per Share  9.04 X  
Total Debt  17.9 B  
Debt to Equity  7.90 %  
Book Value Per Share  28.78 X  
Cash Flow from Operations  (428 M)  
Short Ratio  2.12 X  
Earnings Per Share  2.72 X  
Price to Earnings To Growth  (3.83) X  
Number of Employees  19.82 K  
Beta  1.59  
Market Capitalization  25.5 B  
Total Asset  141.05 B  
Retained Earnings  16.29 B  
Z Score  0.6  
Five Year Return  2.95 %  
Last Dividend Paid  1.08 
About Fifth Third Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fifth Third Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fifth Third using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fifth Third Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. Fifth Thirds common stock is traded on the NASDAQ Global Select Market under the symbol FITB. Fifth Third operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 19819 people.
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Please check Fifth Third Piotroski F Score and Fifth Third Valuation analysis. Note that the Fifth Third Bancorp information on this page should be used as a complementary analysis to other Fifth Third'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third'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 Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third Bancorp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine Fifth Third value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third'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.