CIT  valuation analysis

Basics
Name: CIT Group Inc
Description: CIT Group Inc. operates as the holding company for CIT Bank, N.A. that provides banking and related services to commercial and individual customers. (more)
Industry: Banks-Regional
Last 10Q10Qs are quarterly reports which contain a company's financial figures. We use these to calculate the FFER.: Jan 26, 2021
Market cap: $5.08B (694th)
Sales(TTM): $2.42B (671st)
Earnings(TTM): -$615.30M (1304th)

Value
FFER: 0.75 (why)
Actual price: $51.47
FFEThis is CIT Group Inc's the estimated price. FFEs are the denominator of the FFER ratio.: $69.70
Quantile: CIT is cheap given its fundamentals.
Prices as of EOD 2021-04-14
Price & Estimates
Sales & Earnings history (TTM)
Notable
  • CIT Group Inc's earnings decreased from $529.90M to -$615.30M in the last year.
  • CIT Group Inc's operating income decreased from $623.90M to -$703.40M in the last year.
Earnings / MarketCap
CIT Group Inc
"Banks-Regional" industry
Sales / MarketCap
CIT Group Inc
"Banks-Regional" industry
Book / MarketCap
CIT Group Inc
"Banks-Regional" industry
Equity / Assets
CIT Group Inc
"Banks-Regional" industry