Provident Financial Services Stock Beta
| PQ3 Stock | EUR 19.90 0.10 0.50% |
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.
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Provident Financial Services Company Beta Analysis
Provident Financial's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Provident Financial Beta | 0.97 |
Most of Provident Financial's fundamental indicators, such as Beta, 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.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Provident Financial Services has a Beta of 0.9732. This is 18.68% higher than that of the Financial Services sector and 10.59% higher than that of the Savings & Cooperative Banks industry. The beta for all Germany stocks is notably lower than that of the firm.
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Provident Financial returns are very sensitive to returns on the market. As the market goes up or down, Provident Financial is expected to follow.
Provident Fundamentals
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0127 | |||
| Profit Margin | 0.35 % | |||
| Operating Margin | 0.51 % | |||
| Current Valuation | 1.73 B | |||
| Shares Outstanding | 75.17 M | |||
| Shares Owned By Insiders | 6.32 % | |||
| Shares Owned By Institutions | 71.43 % | |||
| Price To Earning | 10.84 X | |||
| Price To Book | 1.06 X | |||
| Price To Sales | 3.05 X | |||
| Revenue | 505.34 M | |||
| Gross Profit | 496.95 M | |||
| Net Income | 175.65 M | |||
| Cash And Equivalents | 207.69 M | |||
| Cash Per Share | 3.20 X | |||
| Total Debt | 1.35 B | |||
| Book Value Per Share | 21.48 X | |||
| Cash Flow From Operations | 158.18 M | |||
| Earnings Per Share | 2.22 X | |||
| Target Price | 25.4 | |||
| Number Of Employees | 35 | |||
| Beta | 0.97 | |||
| Market Capitalization | 1.69 B | |||
| Total Asset | 13.78 B | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 2.84 % | |||
| Net Asset | 13.78 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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Additional Information and Resources on Investing in Provident Stock
When determining whether Provident Financial is a strong investment it is important to analyze Provident Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Provident Financial's future performance. For an informed investment choice regarding Provident Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.