EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Provident Financial Services's Enterprise Value is $3,091.2 Mil.
Provident Financial Services's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $165.9 Mil. Therefore, Provident Financial Services's EV-to-FCF for today is 18.63.
The historical rank and industry rank for Provident Financial Services's EV-to-FCF or its related term are showing as below:
PFS'
s EV-to-FCF Range Over the Past 10 Years
Min: 9.99 Med: 20.09 Max: 34.83
Current: 18.63
During the past 13 years, the highest EV-to-FCF of Provident Financial Services was 34.83. The lowest was 9.99. And the median was 20.09.
PFS's EV-to-FCF is ranked worse than 82.59% of 1126
companies
in the Banks industry
Industry Median: 5.58
vs PFS: 18.63
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-04-25), Provident Financial Services's stock price is $15.55.
Provident Financial Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.600. Therefore, Provident Financial Services's PE Ratio for today is 9.72.
Provident Financial Services EV-to-FCF Historical Data
The historical data trend for Provident Financial Services's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Provident Financial Services's EV-to-FCF
For the Banks - Regional subindustry, Provident Financial Services's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Provident Financial Services's EV-to-FCF Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Provident Financial Services's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Provident Financial Services's EV-to-FCF falls into.
Provident Financial Services's current Enterprise Value is $3,091.2 Mil.
Provident Financial Services's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $165.9 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Provident Financial Services's PE Ratio for today is calculated as:
Provident Financial Services's share price for today is $15.55.
Provident Financial Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.600.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Provident Financial Services EV-to-FCF Related Terms
Thank you for viewing the detailed overview of Provident Financial Services's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Provident Financial Services (Provident Financial Services) Business Description
Provident Financial Services Inc is the holding company for The Provident Bank, a community-oriented bank. The company provides a comprehensive array of financial products and services through its network of branches throughout northern and central New Jersey, and certain counties in Pennsylvania. The company's strategy emphasizes growing high-return businesses in nonstandard markets, and maintaining a secured capital structure. Commercial loans represent a plurality of the company's loans, followed by construction loans. The majority of the revenue-generating activities that are components of non-interest income are These revenue streams can generally be classified into three broad categories: wealth management revenue, insurance agency income, and banking service charges and other fees.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PFS has been successfully added to your 