Washington Federal Price To Sales vs. Price To Book

WAFD Stock  USD 35.86  0.07  0.19%   
Taking into consideration Washington Federal's profitability measurements, Washington Federal is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Washington Federal's ability to earn profits and add value for shareholders.

Washington Federal Price To Sales Ratio

44.76

The current year's Price To Sales Ratio is expected to grow to 44.76. The current year's Days Sales Outstanding is expected to grow to 69.14. At present, Washington Federal's Total Other Income Expense Net is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 201.6 M, whereas Net Income is forecasted to decline to about 145.5 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin22.321.24
Sufficiently Up
Slightly volatile
Net Profit Margin3.463.296
Sufficiently Up
Slightly volatile
Pretax Profit Margin4.434.2189
Sufficiently Up
Slightly volatile
Return On Assets0.00680.0071
Notably Down
Slightly volatile
Return On Equity0.130.0667
Way Up
Pretty Stable
For Washington Federal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Washington Federal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Washington Federal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Washington Federal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Washington Federal over time as well as its relative position and ranking within its peers.
  
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For information on how to trade Washington Stock refer to our How to Trade Washington Stock guide.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Washington Federal. If investors know Washington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Washington Federal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Earnings Share
2.5
Revenue Per Share
9.483
Quarterly Revenue Growth
0.245
Return On Assets
0.0079
The market value of Washington Federal is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Federal's value that differs from its market value or its book value, called intrinsic value, which is Washington Federal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Washington Federal's market value can be influenced by many factors that don't directly affect Washington Federal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Washington Federal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Federal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Federal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Washington Federal Price To Book vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Washington Federal's current stock value. Our valuation model uses many indicators to compare Washington Federal value to that of its competitors to determine the firm's financial worth.
Washington Federal is rated below average in price to sales category among its peers. It is rated below average in price to book category among its peers fabricating about  0.26  of Price To Book per Price To Sales. The ratio of Price To Sales to Price To Book for Washington Federal is roughly  3.84 . At present, Washington Federal's Price To Sales Ratio is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Washington Federal by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Washington Price To Book vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Washington Federal

P/S

 = 

MV Per Share

Revenue Per Share

 = 
4.15 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Washington Federal

P/B

 = 

MV Per Share

BV Per Share

 = 
1.08 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Washington Price To Book Comparison

Washington Federal is currently under evaluation in price to book category among its peers.

Washington Federal Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Washington Federal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Washington Federal will eventually generate negative long term returns. The profitability progress is the general direction of Washington Federal's change in net profit over the period of time. It can combine multiple indicators of Washington Federal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income55.9 M58.6 M
Operating Income-1.1 B-1 B
Net Income200 M145.5 M
Income Tax Expense56 M52.2 M
Income Before Tax256.1 M208.5 M
Total Other Income Expense Net1.4 B1.4 B
Net Income Applicable To Common Shares296 M164.2 M
Net Income From Continuing Ops200 M201.6 M
Net Interest Income660.8 M565.3 M
Interest Income1.4 B790.8 M
Change To Netincome8.1 M7.6 M
Net Income Per Share 2.69  2.83 
Income Quality 2.20  2.31 
Net Income Per E B T 0.78  0.55 

Washington Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Washington Federal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Washington Federal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Washington Federal's important profitability drivers and their relationship over time.

Use Washington Federal in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Washington Federal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Washington Federal will appreciate offsetting losses from the drop in the long position's value.

Washington Federal Pair Trading

Washington Federal Pair Trading Analysis

The ability to find closely correlated positions to Washington Federal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Washington Federal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Washington Federal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Washington Federal to buy it.
The correlation of Washington Federal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Washington Federal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Washington Federal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Washington Federal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Washington Federal position

In addition to having Washington Federal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Government Funds Thematic Idea Now

Government Funds
Government Funds Theme
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
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When determining whether Washington Federal is a strong investment it is important to analyze Washington Federal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Washington Federal's future performance. For an informed investment choice regarding Washington Stock, refer to the following important reports:
Check out Your Current Watchlist.
For information on how to trade Washington Stock refer to our How to Trade Washington Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
To fully project Washington Federal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Washington Federal at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Washington Federal's income statement, its balance sheet, and the statement of cash flows.
Potential Washington Federal investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Washington Federal investors may work on each financial statement separately, they are all related. The changes in Washington Federal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Washington Federal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.