Cit Group Stock Return On Equity
CIT Group fundamentals help investors to digest information that contributes to CIT's financial success or failures. It also enables traders to predict the movement of CIT Stock. The fundamental analysis module provides a way to measure CIT'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 CIT stock.
CIT |
CIT Group Company Return On Equity Analysis
CIT'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 CIT Return On Equity | 11.98 |
Most of CIT'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, CIT Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, CIT Group has a Return On Equity of 11.98. This is much higher than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The return on equity for all United States stocks is notably lower than that of the firm.
CIT Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CIT'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 CIT could also be used in its relative valuation, which is a method of valuing CIT by comparing valuation metrics of similar companies.CIT is currently under evaluation in return on equity category among its peers.
CIT Fundamentals
Return On Equity | 11.98 | |||
Return On Asset | 1.24 | |||
Profit Margin | 25.80 % | |||
Operating Margin | 41.40 % | |||
Current Valuation | 7.13 B | |||
Shares Outstanding | 99.17 M | |||
Shares Owned By Insiders | 1.09 % | |||
Shares Owned By Institutions | 94.43 % | |||
Number Of Shares Shorted | 5.72 M | |||
Price To Earning | 7.78 X | |||
Price To Book | 0.94 X | |||
Price To Sales | 1.91 X | |||
Revenue | 2.77 B | |||
Gross Profit | 1.62 B | |||
EBITDA | 901.42 M | |||
Net Income | 684.7 M | |||
Cash And Equivalents | 4.87 B | |||
Cash Per Share | 49.14 X | |||
Total Debt | 6.17 B | |||
Debt To Equity | 1.69 % | |||
Book Value Per Share | 56.97 X | |||
Cash Flow From Operations | 923.2 M | |||
Short Ratio | 11.84 X | |||
Earnings Per Share | 6.88 X | |||
Price To Earnings To Growth | 0.66 X | |||
Number Of Employees | 3.81 K | |||
Beta | 1.47 | |||
Market Capitalization | 5.31 B | |||
Total Asset | 67.4 B | |||
Retained Earnings | 1.99 B | |||
Five Year Return | 2.76 % | |||
Last Dividend Paid | 1.4 |
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in CIT Stock
If you are still planning to invest in CIT Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CIT's history and understand the potential risks before investing.
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