Definity Financial Price To Book vs. Shares Outstanding
| DFY Stock | 58.53 0.13 0.22% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.8 | 0.9 |
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| Return On Assets | 0.0506 | 0.0482 |
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| Return On Equity | 0.0662 | 0.1229 |
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For Definity Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Definity Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Definity Financial Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Definity Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Definity Financial Corp over time as well as its relative position and ranking within its peers.
Definity |
Definity Financial Corp Shares Outstanding vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Definity Financial's current stock value. Our valuation model uses many indicators to compare Definity Financial value to that of its competitors to determine the firm's financial worth. Definity Financial Corp is one of the top stocks in price to book category among its peers. It also is one of the top stocks in shares outstanding category among its peers creating about 52,785,941 of Shares Outstanding per Price To Book. As of the 30th of November 2024, Common Stock Shares Outstanding is likely to grow to about 125.5 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Definity Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Definity Financial'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.Definity Shares Outstanding vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Definity Financial |
| = | 2.17 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Definity Financial |
| = | 114.59 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Definity Shares Outstanding Comparison
Definity Financial is currently under evaluation in shares outstanding category among its peers.
Definity Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Definity Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Definity Financial will eventually generate negative long term returns. The profitability progress is the general direction of Definity Financial's change in net profit over the period of time. It can combine multiple indicators of Definity Financial, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -27 M | -25.6 M | |
| Operating Income | -4.4 M | -4.2 M | |
| Income Before Tax | 467.2 M | 490.6 M | |
| Total Other Income Expense Net | 467.2 M | 490.6 M | |
| Net Income Applicable To Common Shares | 290.5 M | 305 M | |
| Net Income | 350.1 M | 367.6 M | |
| Income Tax Expense | 112.7 M | 118.3 M | |
| Interest Income | 185.4 M | 145.9 M | |
| Net Income From Continuing Ops | 354.5 M | 267.9 M | |
| Net Interest Income | 5.7 M | 3.2 M | |
| Change To Netincome | -22.1 M | -21 M | |
| Net Income Per Share | 3.04 | 3.20 | |
| Income Quality | 1.00 | 0.95 | |
| Net Income Per E B T | 0.75 | 0.61 |
Definity Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Definity Financial. 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 Definity Financial 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 Definity Financial's important profitability drivers and their relationship over time.
Use Definity Financial 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 Definity Financial 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 Definity Financial will appreciate offsetting losses from the drop in the long position's value.Definity Financial Pair Trading
Definity Financial Corp Pair Trading Analysis
The ability to find closely correlated positions to Definity Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Definity Financial 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 Definity Financial - 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 Definity Financial Corp to buy it.
The correlation of Definity Financial 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 Definity Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Definity Financial Corp 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 Definity Financial 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.Use Investing Themes to Complement your Definity Financial position
In addition to having Definity Financial 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?
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Other Information on Investing in Definity Stock
To fully project Definity Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Definity Financial Corp 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 Definity Financial's income statement, its balance sheet, and the statement of cash flows.