Wells Fargo & CompanyFind Ratings Reports
WELLS FARGO & CO's gross profit margin for the second quarter of its fiscal year 2021 has significantly increased when compared to the same period a year ago. Sales and net income have grown, and although the growth in revenues has outpaced the average competitor within the subsector, the net income growth has not.
During the same period, stockholders' equity ("net worth") has increased by 6.62% from the same quarter last year.
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|Income Statement||Q2 FY21||Q2 FY20|
|Net Sales ($mil)||21163.0||20207.0|
|Net Income ($mil)||6040.0||-3846.0|
|Balance Sheet||Q2 FY21||Q2 FY20|
|Cash & Equiv. ($mil)||344322.0||341792.0|
|Total Assets ($mil)||1945996.0||1968766.0|
|Total Debt ($mil)||229996.0||296531.0|
|Profitability||Q2 FY21||Q2 FY20|
|Gross Profit Margin||101.73||43.31|
|Return on Assets||0.8||0.23|
|Return on Equity||7.51||1.52|
|Debt||Q2 FY21||Q2 FY20|
|Share Data||Q2 FY21||Q2 FY20|
|Shares outstanding (mil)||4108.0||4119.56|
|Div / share||0.1||0.51|
|Book value / share||46.56||43.55|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||2.6765072E7||3.2820216E7|
HOLD. WELLS FARGO & CO's P/E ratio indicates a significant discount compared to an average of 24.02 for the Credit Intermediation and Related Activities subsector and a significant discount compared to the S&P 500 average of 34.29. Conducting a second comparison, its price-to-book ratio of 0.99 indicates a significant discount versus the S&P 500 average of 4.57 and a discount versus the subsector average of 1.33. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. Upon assessment of these and other key valuation criteria, WELLS FARGO & CO proves to trade at a discount to investment alternatives.
|WFC 13.28||Peers 12.80||WFC NM||Peers 3.70|
Average. An average P/E ratio can signify an subsector neutral price for a stock and an average growth expectation.
WFC is trading at a valuation on par with its peers.
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
WFC's P/CF is negative making the measure meaningless.
|WFC 12.87||Peers 12.68||WFC 0.01||Peers 0.40|
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.
WFC is trading at a discount to its peers.
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
WFC trades at a significant discount to its peers.
|WFC 0.99||Peers 1.33||WFC 496.55||Peers 78.19|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
WFC is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
WFC is expected to have an earnings growth rate that significantly exceeds its peers.
|WFC 2.35||Peers 3.06||WFC -12.17||Peers -9.01|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
WFC is trading at a discount to its subsector on this measurement.
Lower. A sales growth rate that trails the subsector implies that a company is losing market share.
WFC significantly trails its peers on the basis of sales growth.