Provident Financial Services Stock Return On Equity
| PFS Stock | USD 15.20 0.74 5.12% |
Provident Financial Services fundamentals help investors to digest information that contributes to Provident Financial's financial success or failures. It also enables traders to predict the movement of Provident Stock. The fundamental analysis module provides a way to measure Provident Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Provident Financial stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.08 | 0.05 |
Provident | Return On Equity |
Provident Financial Services Company Return On Equity Analysis
Provident Financial's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Provident Financial Return On Equity | 0.0719 |
Most of Provident Financial's fundamental indicators, such as Return On Equity, 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, Provident Financial Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Provident Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Provident Financial is extremely important. It helps to project a fair market value of Provident Stock properly, considering its historical fundamentals such as Return On Equity. Since Provident Financial'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 Provident Financial'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 Provident Financial's interrelated accounts and indicators.
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Provident Return On Equity Historical Pattern
Today, most investors in Provident Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Provident Financial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Provident Financial return on equity as a starting point in their analysis.
Provident Financial Return On Equity |
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Provident Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Provident Financial Services has a Return On Equity of 0.0719. This is 95.04% lower than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 123.19% lower than that of the firm.
Provident Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Provident Financial's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Provident Financial could also be used in its relative valuation, which is a method of valuing Provident Financial by comparing valuation metrics of similar companies.Provident Financial is currently under evaluation in return on equity category among related companies.
Provident Financial Current Valuation Drivers
We derive many important indicators used in calculating different scores of Provident Financial from analyzing Provident Financial's financial statements. These drivers represent accounts that assess Provident Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Provident Financial's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.6B | 1.2B | 1.9B | 1.6B | 1.3B | 975.3M | |
| Enterprise Value | 2.5B | 1.9B | 1.8B | 2.8B | 3.1B | 1.8B |
Provident Fundamentals
| Return On Equity | 0.0719 | ||||
| Return On Asset | 0.0086 | ||||
| Profit Margin | 0.27 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 3.28 B | ||||
| Shares Outstanding | 75.93 M | ||||
| Shares Owned By Insiders | 3.54 % | ||||
| Shares Owned By Institutions | 74.95 % | ||||
| Number Of Shares Shorted | 4.79 M | ||||
| Price To Earning | 12.34 X | ||||
| Price To Book | 0.63 X | ||||
| Price To Sales | 2.35 X | ||||
| Revenue | 695.65 M | ||||
| Gross Profit | 496.95 M | ||||
| EBITDA | 2.95 M | ||||
| Net Income | 128.4 M | ||||
| Cash And Equivalents | 381.36 M | ||||
| Cash Per Share | 5.13 X | ||||
| Total Debt | 1.98 B | ||||
| Debt To Equity | 0.30 % | ||||
| Book Value Per Share | 22.41 X | ||||
| Cash Flow From Operations | 173.4 M | ||||
| Short Ratio | 6.76 X | ||||
| Earnings Per Share | 1.60 X | ||||
| Price To Earnings To Growth | 1.84 X | ||||
| Target Price | 17.2 | ||||
| Number Of Employees | 1.11 K | ||||
| Beta | 1.06 | ||||
| Market Capitalization | 1.15 B | ||||
| Total Asset | 14.21 B | ||||
| Retained Earnings | 974.54 M | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 4.16 % | ||||
| Net Asset | 14.21 B | ||||
| Last Dividend Paid | 0.96 |
About Provident Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Provident Financial Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Provident Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Provident Financial Services 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.
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Check out Provident Financial Piotroski F Score and Provident Financial Altman Z Score analysis. Note that the Provident Financial information on this page should be used as a complementary analysis to other Provident 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Provident Stock analysis
When running Provident Financial's price analysis, check to measure Provident 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 Provident Financial is operating at the current time. Most of Provident Financial's value examination focuses on studying past and present price action to predict the probability of Provident 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 Provident Financial's price. Additionally, you may evaluate how the addition of Provident Financial to your portfolios can decrease your overall portfolio volatility.
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Is Provident 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 Provident Financial. If investors know Provident 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 Provident 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 (0.21) | Dividend Share 0.96 | Earnings Share 1.6 | Revenue Per Share 5.883 | Quarterly Revenue Growth (0.08) |
The market value of Provident Financial is measured differently than its book value, which is the value of Provident that is recorded on the company's balance sheet. Investors also form their own opinion of Provident Financial's value that differs from its market value or its book value, called intrinsic value, which is Provident 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 Provident Financial's market value can be influenced by many factors that don't directly affect Provident 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 Provident Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Provident Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Provident 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.