First Internet Price To Earning vs. Cash Per Share

INBK Stock  USD 31.05  0.34  1.11%   
Based on First Internet's profitability indicators, First Internet Bancorp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in May. Profitability indicators assess First Internet's ability to earn profits and add value for shareholders. At this time, First Internet's Days Sales Outstanding is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.29 this year, although the value of Operating Cash Flow Sales Ratio is projected to rise to (0.01). At this time, First Internet's Net Income Per Share is quite stable compared to the past year. Net Income Per E B T is expected to rise to 1.79 this year, although the value of Income Tax Expense is projected to rise to (3.3 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.80.9
Fairly Down
Slightly volatile
Net Profit Margin0.03010.0316
Notably Down
Very volatile
Operating Profit Margin0.950.9098
Sufficiently Up
Pretty Stable
Pretax Profit Margin0.01760.0186
Notably Down
Pretty Stable
Return On Assets0.00150.0016
Notably Down
Pretty Stable
Return On Equity0.0220.0232
Notably Down
Very volatile
For First Internet profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Internet to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Internet Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Internet's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Internet Bancorp over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Is First Internet'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 First Internet. If investors know First 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 First Internet 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
(0.30)
Dividend Share
0.24
Earnings Share
1.87
Revenue Per Share
11.036
Quarterly Revenue Growth
0.707
The market value of First Internet Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Internet's value that differs from its market value or its book value, called intrinsic value, which is First Internet'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 First Internet's market value can be influenced by many factors that don't directly affect First Internet'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 First Internet's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Internet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Internet'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.

First Internet Bancorp Cash Per Share vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining First Internet's current stock value. Our valuation model uses many indicators to compare First Internet value to that of its competitors to determine the firm's financial worth.
First Internet Bancorp is rated below average in price to earning category among related companies. It is rated third overall in cash per share category among related companies fabricating about  3.13  of Cash Per Share per Price To Earning. At this time, First Internet's Cash Per Share is quite stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value First Internet by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Internet's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Internet's earnings, one of the primary drivers of an investment's value.

First Cash Per Share vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

First Internet

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
7.59 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

First Internet

Cash Per Share

 = 

Total Cash

Average Shares

 = 
23.79 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

First Cash Per Share Comparison

First Internet is currently under evaluation in cash per share category among related companies.

First Internet Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in First Internet, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Internet will eventually generate negative long term returns. The profitability progress is the general direction of First Internet's change in net profit over the period of time. It can combine multiple indicators of First Internet, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-29.4 M-27.9 M
Operating Income242 M254.1 M
Income Before Tax4.9 M4.7 M
Total Other Income Expense Net4.9 M5.2 M
Net Income8.4 M13.6 M
Income Tax Expense-3.5 M-3.3 M
Net Income Applicable To Common Shares40.9 M42.9 M
Net Income From Continuing Ops10.6 M10.1 M
Net Interest Income76.8 M70.2 M
Interest Income218.8 M133.8 M
Change To Netincome29.8 M31.3 M
Net Income Per Share 0.95  1.40 
Income Quality(0.34)(0.32)
Net Income Per E B T 1.70  1.79 

First Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on First Internet. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First Internet position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First Internet's important profitability drivers and their relationship over time.

Use First Internet in pair-trading

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 First Internet 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 First Internet will appreciate offsetting losses from the drop in the long position's value.

First Internet Pair Trading

First Internet Bancorp Pair Trading Analysis

The ability to find closely correlated positions to First Internet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Internet 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 First Internet - 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 First Internet Bancorp to buy it.
The correlation of First Internet 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 First Internet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Internet Bancorp 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 First Internet 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

Use Investing Themes to Complement your First Internet position

In addition to having First Internet in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Banking Thematic Idea Now

Banking
Banking Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banking Theme or any other thematic opportunities.
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When determining whether First Internet Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Internet Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about First Internet Bancorp Stock:
Check out Risk vs Return Analysis.
Note that the First Internet Bancorp information on this page should be used as a complementary analysis to other First Internet'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running First Internet's price analysis, check to measure First Internet'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 First Internet is operating at the current time. Most of First Internet's value examination focuses on studying past and present price action to predict the probability of First Internet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Internet's price. Additionally, you may evaluate how the addition of First Internet to your portfolios can decrease your overall portfolio volatility.
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To fully project First Internet's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Internet Bancorp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include First Internet's income statement, its balance sheet, and the statement of cash flows.
Potential First Internet investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although First Internet investors may work on each financial statement separately, they are all related. The changes in First Internet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Internet's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.