Fifth Enterprise Value vs Book Value per Share Analysis
FITB Stock | USD 36.55 0.30 0.83% |
Fifth Third financial indicator trend analysis is much more than just examining Fifth Third Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fifth Third Bancorp is a good investment. Please check the relationship between Fifth Third Enterprise Value and its Book Value Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fifth Third Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Enterprise Value vs Book Value Per Share
Enterprise Value vs Book Value per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fifth Third Bancorp Enterprise Value account and Book Value per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fifth Third's Enterprise Value and Book Value per Share is 0.75. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Book Value per Share in the same time period over historical financial statements of Fifth Third Bancorp, assuming nothing else is changed. The correlation between historical values of Fifth Third's Enterprise Value and Book Value per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Fifth Third Bancorp are associated (or correlated) with its Book Value per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value per Share has no effect on the direction of Enterprise Value i.e., Fifth Third's Enterprise Value and Book Value per Share go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Enterprise Value
Enterprise Value (or EV) is usually referred to as Fifth Third theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Fifth Third Bancorp debt, but would also pocket its cash. Enterprise Value is more accurate representation of Fifth Third value than its market capitalization because it takes into account all of Fifth Third Bancorp existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most indicators from Fifth Third's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fifth Third Bancorp 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 Fifth Third Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At present, Fifth Third's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 88.39, whereas Selling General Administrative is forecasted to decline to about 1.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 4.3B | 4.2B | 9.6B | 10.1B | Interest Expense | 441M | 978M | 989M | 1.0B |
Fifth Third fundamental ratios Correlations
Click cells to compare fundamentals
Fifth Third Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fifth Third fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 720.1M | 719.7M | 711.2M | 695.0M | 687.7M | 606.5M | |
Total Assets | 169.4B | 204.7B | 211.1B | 207.5B | 214.6B | 225.3B | |
Short Long Term Debt Total | 16.0B | 16.2B | 12.8B | 18.6B | 20.0B | 12.4B | |
Other Current Liab | (1.0B) | (1.2B) | (980M) | (512M) | 93.1B | 97.7B | |
Total Current Liabilities | 1.0B | 1.2B | 980M | 4.3B | 100.1B | 105.1B | |
Total Stockholder Equity | 21.2B | 23.1B | 22.2B | 17.3B | 19.2B | 11.0B | |
Property Plant And Equipment Net | 2.8B | 2.9B | 2.7B | 2.8B | 3.3B | 1.9B | |
Net Debt | 12.7B | 13.0B | 9.8B | 15.1B | 16.9B | 10.2B | |
Retained Earnings | 18.3B | 18.4B | 20.2B | 21.7B | 23.0B | 24.1B | |
Cash | 3.3B | 3.1B | 3.0B | 3.5B | 3.1B | 2.3B | |
Non Current Assets Total | 47.1B | 79.7B | 82.1B | 72.0B | 185.2B | 194.5B | |
Non Currrent Assets Other | (47.1B) | (79.7B) | (82.1B) | 1.8B | 145.5B | 152.8B | |
Other Assets | 77.6B | 48.0B | 50.3B | 66.8B | 76.8B | 56.0B | |
Cash And Short Term Investments | 41.3B | 74.1B | 75.7B | 62.4B | (3.1B) | (3.0B) | |
Net Receivables | 3.4B | 2.9B | 3.1B | 2.7B | 5.6B | 5.9B | |
Liabilities And Stockholders Equity | 169.4B | 204.7B | 211.1B | 207.5B | 214.6B | 225.3B | |
Non Current Liabilities Total | 15.0B | 15.0B | 11.8B | 4.3B | 95.3B | 100.1B | |
Other Stockholder Equity | (2.1B) | (2.0B) | (3.4B) | (3.4B) | (3.5B) | (3.3B) | |
Total Liab | 148.2B | 181.6B | 188.9B | 190.1B | 195.4B | 205.2B | |
Total Current Assets | 44.6B | 77.0B | 78.7B | 68.7B | 29.3B | 22.5B | |
Short Term Debt | 1.0B | 1.2B | 980M | 4.8B | 7.0B | 7.3B | |
Accumulated Other Comprehensive Income | 1.2B | 2.6B | 1.2B | (5.1B) | (4.5B) | (4.3B) | |
Property Plant And Equipment Gross | 3.3B | 3.3B | 2.7B | 2.8B | 7.1B | 7.5B | |
Other Liab | 2.4B | 3.4B | 4.3B | 1.5B | 1.4B | 2.7B | |
Accounts Payable | 2.4B | 2.6B | 169.3B | 1.8B | 1.6B | 1.6B | |
Long Term Debt | 15.0B | 15.0B | 11.8B | 13.7B | 16.4B | 12.7B | |
Short Term Investments | 38.0B | 70.9B | 72.7B | 59.9B | 71.8B | 75.4B | |
Inventory | (8.8B) | (40.4B) | (41.8B) | (12.4B) | (2.4B) | (2.6B) | |
Treasury Stock | (5.7B) | (5.7B) | (7.0B) | (7.1B) | (6.4B) | (6.1B) | |
Intangible Assets | 1.2B | 795M | 1.3B | 1.9B | 1.9B | 1.0B | |
Property Plant Equipment | 2.8B | 2.1B | 2.7B | 2.2B | 2.5B | 2.6B | |
Good Will | 4.3B | 4.3B | 4.5B | 4.9B | 4.9B | 3.0B | |
Other Current Assets | 8.8B | 40.4B | 41.8B | 15.9B | 29.3B | 44.6B | |
Retained Earnings Total Equity | 18.3B | 18.4B | 20.2B | 21.7B | 24.9B | 13.6B | |
Net Tangible Assets | 15.0B | 16.6B | 15.4B | 10.1B | 11.6B | 13.6B |
Fifth Third Investors Sentiment
The influence of Fifth Third'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 Fifth. 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 Fifth Third's public news can be used to forecast risks associated with an investment in Fifth. The trend in average sentiment can be used to explain how an investor holding Fifth can time the market purely based on public headlines and social activities around Fifth Third Bancorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Fifth Third'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 Fifth Third'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 Fifth Third's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Fifth Third.
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 Fifth Third 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, Fifth Third's short interest history, or implied volatility extrapolated from Fifth Third options trading.
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When running Fifth Third's price analysis, check to measure Fifth Third'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 Fifth Third is operating at the current time. Most of Fifth Third's value examination focuses on studying past and present price action to predict the probability of Fifth Third's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fifth Third's price. Additionally, you may evaluate how the addition of Fifth Third to your portfolios can decrease your overall portfolio volatility.
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Is Fifth Third'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 Fifth Third. If investors know Fifth 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 Fifth Third 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 (0.10) | Dividend Share 1.38 | Earnings Share 3.22 | Revenue Per Share 11.899 | Quarterly Revenue Growth (0.02) |
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'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 Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment 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.