CIT Group Inc (CIT) Fundamental Analysis & Valuation

NYSE:CIT

53.5
+2.16 (+4.21%)
At close: Jan 3, 2022
53.82
+0.32 (+0.6%)
After Hours: 1/3/2022, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This CIT fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

2

Taking everything into account, CIT scores 2 out of 10 in our fundamental rating. CIT was compared to 381 industry peers in the Banks industry. Both the profitability and financial health of CIT have multiple concerns. CIT has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

0

1. CIT Profitability Analysis

1.1 Basic Checks

  • CIT had positive earnings in the past year.
CIT Yearly Net Income VS EBIT VS OCF VS FCFCIT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 0 1B 2B

1.2 Ratios

Industry RankSector Rank
ROA 1.31%
ROE 11.58%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
CIT Yearly ROA, ROE, ROICCIT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 0 5 -5 -10

1.3 Margins

  • The Operating Margin and Gross Margin are not available for CIT so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) 28.46%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
CIT Yearly Profit, Operating, Gross MarginsCIT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 0 10 -10 20 -20 -30

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1

2. CIT Health Analysis

2.1 Basic Checks

  • The number of shares outstanding for CIT has been increased compared to 1 year ago.
  • CIT has a better debt/assets ratio than last year.
CIT Yearly Shares OutstandingCIT Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 50M 100M 150M 200M
CIT Yearly Total Debt VS Total AssetsCIT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 20B 40B 60B

2.2 Solvency

  • CIT has a Debt/Equity ratio of 0.69. This is a neutral value indicating CIT is somewhat dependend on debt financing.
Industry RankSector Rank
Debt/Equity 0.69
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACCN/A
CIT Yearly LT Debt VS Equity VS FCFCIT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 0 2B 4B 6B 8B 10B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A

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4

3. CIT Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 455.37% over the past year.
  • Looking at the last year, CIT shows a small growth in Revenue. The Revenue has grown by 6.45% in the last year.
  • The Revenue has been growing slightly by 5.14% on average over the past years.
EPS 1Y (TTM)455.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%104.76%
Revenue 1Y (TTM)6.45%
Revenue growth 3Y-0.98%
Revenue growth 5Y5.14%
Sales Q2Q%-6.18%

3.2 Future

  • Based on estimates for the next years, CIT will show a very strong growth in Earnings Per Share. The EPS will grow by 25.51% on average per year.
  • CIT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.10% yearly.
EPS Next Y359.06%
EPS Next 2Y86.6%
EPS Next 3Y53.57%
EPS Next 5Y25.51%
Revenue Next Year4.36%
Revenue Next 2Y0.45%
Revenue Next 3Y4.22%
Revenue Next 5Y4.1%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
CIT Yearly Revenue VS EstimatesCIT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B
CIT Yearly EPS VS EstimatesCIT Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5

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5

4. CIT Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 8.51, which indicates a very decent valuation of CIT.
  • CIT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.71.
  • With a Price/Forward Earnings ratio of 11.72, the valuation of CIT can be described as very reasonable.
  • CIT is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 8.51
Fwd PE 11.72
CIT Price Earnings VS Forward Price EarningsCIT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
CIT Per share dataCIT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • CIT's earnings are expected to grow with 53.57% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y86.6%
EPS Next 3Y53.57%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. CIT Dividend Analysis

5.1 Amount

  • CIT has a Yearly Dividend Yield of 2.73%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average S&P500 Dividend Yield of 1.82, CIT pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.73%

5.2 History

  • The dividend of CIT is nicely growing with an annual growth rate of 31.91%!
  • CIT has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)31.91%
Div Incr YearsN/A
Div Non Decr YearsN/A
CIT Yearly Dividends per shareCIT Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • CIT pays out 23.91% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of CIT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP23.91%
EPS Next 2Y86.6%
EPS Next 3Y53.57%
CIT Yearly Income VS Free CF VS DividendCIT Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 0 200M -200M 400M -400M -600M -800M
CIT Dividend Payout.CIT Dividend Payout, showing the Payout Ratio.CIT Dividend Payout.PayoutRetained Earnings

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CIT Fundamentals: All Metrics, Ratios and Statistics

CIT Group Inc

NYSE:CIT (1/3/2022, 8:04:00 PM)

After market: 53.82 +0.32 (+0.6%)

53.5

+2.16 (+4.21%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)N/A
Earnings (Next)02-01
Inst Owners0%
Inst Owner Change0%
Ins Owners2.6%
Ins Owner Change0%
Market Cap5.28B
Revenue(TTM)2.51B
Net Income(TTM)714.80M
Analysts49.09
Price Target53.65 (0.28%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.73%
Yearly Dividend1.4
Dividend Growth(5Y)31.91%
DP23.91%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 8.51
Fwd PE 11.72
P/S 2.1
P/FCF N/A
P/OCF N/A
P/B 0.85
P/tB N/A
EV/EBITDA N/A
EPS(TTM)6.29
EY11.76%
EPS(NY)4.56
Fwd EY8.53%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS25.47
BVpS62.62
TBVpSN/A
PEG (NY)0.02
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 1.31%
ROE 11.58%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 28.46%
GM N/A
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y0%
ROICexgc growth 5Y0%
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 0.69
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)455.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%104.76%
EPS Next Y359.06%
EPS Next 2Y86.6%
EPS Next 3Y53.57%
EPS Next 5Y25.51%
Revenue 1Y (TTM)6.45%
Revenue growth 3Y-0.98%
Revenue growth 5Y5.14%
Sales Q2Q%-6.18%
Revenue Next Year4.36%
Revenue Next 2Y0.45%
Revenue Next 3Y4.22%
Revenue Next 5Y4.1%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A

CIT Group Inc / CIT FAQ

What is the ChartMill fundamental rating of CIT Group Inc (CIT) stock?

ChartMill assigns a fundamental rating of 5 / 10 to CIT.


Can you provide the valuation status for CIT Group Inc?

ChartMill assigns a valuation rating of 9 / 10 to CIT Group Inc (CIT). This can be considered as Undervalued.


How profitable is CIT Group Inc (CIT) stock?

CIT Group Inc (CIT) has a profitability rating of 4 / 10.


What is the valuation of CIT Group Inc based on its PE and PB ratios?

The Price/Earnings (PE) ratio for CIT Group Inc (CIT) is 8.51 and the Price/Book (PB) ratio is 0.85.


Can you provide the financial health for CIT stock?

The financial health rating of CIT Group Inc (CIT) is 1 / 10.