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CIT Group Inc (CIT) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:CIT - Common Stock

53.5
+2.16 (+4.21%)
Last: 1/3/2022, 8:04:00 PM
53.82
+0.32 (+0.6%)
After Hours: 1/3/2022, 8:04:00 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to CIT. CIT was compared to 387 industry peers in the Banks industry. Both the profitability and financial health of CIT have multiple concerns. CIT has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year CIT was profitable.
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 2015 2016 2017 2018 2019 2020 0 1B -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 2015 2016 2017 2018 2019 2020 0 5 -5 -10

1.3 Margins

CIT does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
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 2015 2016 2017 2018 2019 2020 0 20 -20 40

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1

2. Health

2.1 Basic Checks

CIT has more shares outstanding than it did 1 year ago.
CIT has a better debt/assets ratio than last year.
CIT Yearly Shares OutstandingCIT Yearly Shares OutstandingYearly Shares Outstanding 2015 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 2015 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 2015 2016 2017 2018 2019 2020 0 5B 10B

2.3 Liquidity

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

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4

3. Growth

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.
Measured over the past years, CIT shows a small growth in Revenue. The Revenue has been growing by 5.14% on average per year.
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

The Earnings Per Share is expected to grow by 25.51% on average over the next years. This is a very strong growth
Based on estimates for the next years, CIT will show a small growth in Revenue. The Revenue will grow by 4.10% on average per year.
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

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
CIT Yearly Revenue VS EstimatesCIT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 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 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5

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5

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 8.51, the valuation of CIT can be described as very reasonable.
The average S&P500 Price/Earnings ratio is at 25.47. CIT is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 11.72, the valuation of CIT can be described as very reasonable.
The average S&P500 Price/Forward Earnings ratio is at 34.42. CIT is valued rather cheaply when compared to this.
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 10 20 30

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

CIT's 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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4

5. Dividend

5.1 Amount

CIT has a Yearly Dividend Yield of 2.73%. Purely for dividend investing, there may be better candidates out there.
CIT's Dividend Yield is comparable with the S&P500 average which is at 2.41.
Industry RankSector Rank
Dividend Yield 2.73%

5.2 History

On average, the dividend of CIT grows each year by 31.91%, which is quite nice.
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 2015 2016 2017 2018 2019 2020 2021 0.2 0.4 0.6 0.8 1

5.3 Sustainability

23.91% of the earnings are spent on dividend by CIT. This is a low number and 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 2015 2016 2017 2018 2019 2020 0 500M -500M 1B -1B -1.5B
CIT Dividend Payout.CIT Dividend Payout, showing the Payout Ratio.CIT Dividend Payout.PayoutRetained Earnings

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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 N/A
Earnings (Next)02-01 2022-02-01/bmo
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.


What is the valuation status of CIT Group Inc (CIT) stock?

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 earnings growth outlook for CIT Group Inc?

The Earnings per Share (EPS) of CIT Group Inc (CIT) is expected to grow by 359.06% in the next year.


Is the dividend of CIT Group Inc sustainable?

The dividend rating of CIT Group Inc (CIT) is 7 / 10 and the dividend payout ratio is 23.91%.