CVS Corp Fundamentals


USD 106.43  0.16  0.15%   

CVS Corp fundamentals help investors to digest information that contributes to CVS Corp's financial success or failures. It also enables traders to predict the movement of CVS Corp Stock. The fundamental analysis module provides a way to measure CVS Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CVS Corp stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
As of 08/17/2022, Direct Expenses is likely to grow to about 259 B, while Consolidated Income is likely to drop slightly above 7 B.

CVS Corp Number of Shares Shorted Analysis

CVS Corp's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity1.010.850.690.61
Interest Coverage3.954.795.278.15
Shares Shorted 
Shorted by Public 
by Institutions 
More About Number of Shares Shorted | All Equity Analysis

Current CVS Corp Number of Shares Shorted

  13.91 M  
Most of CVS Corp's fundamental indicators, such as Number of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CVS Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Compare to competition

Based on the recorded statements, CVS Corp has 13.91 M of outstending shares currently sold short by investors. This is 334.79% higher than that of the Healthcare sector and significantly higher than that of the Healthcare Plans industry. The number of shares shorted for all United States stocks is 195.62% lower than that of the firm.

CVS Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CVS Corp's current stock value. Our valuation model uses many indicators to compare CVS Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CVS Corp competition to find correlations between indicators driving CVS Corp's intrinsic value. More Info.
CVS Corp is number one stock in current asset category among related companies. It is number one stock in number of shares shorted category among related companies . The ratio of Current Asset to Number of Shares Shorted for CVS Corp is about  2,184 . Comparative valuation analysis is a catch-all model that can be used if you cannot value CVS Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CVS Corp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CVS Corp's earnings, one of the primary drivers of an investment's value.

CVS Corp Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CVS Corp's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CVS Corp could also be used in its relative valuation, which is a method of valuing CVS Corp by comparing valuation metrics of similar companies.
CVS Corp is currently under evaluation in net income category among related companies.

CVS Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of CVS Corp from analyzing CVS Corp's financial statements. These drivers represent accounts that assess CVS Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CVS Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee26.92 K(2.01 K)22.88 K23.86 K26.37 K21.69 K
Revenue Per Employee751.08 K659.59 K885.43 K893.24 K973.7 K790.25 K
Average Assets93.29 B149.1 B220.31 B232.44 B232.16 B194.59 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA11.8 B6.75 B16.41 B17.1 B17.45 B16.02 B
Earnings Before Interest Taxes and Depreciation Amortization USD11.8 B6.75 B16.41 B17.1 B17.45 B16.02 B
Earnings before Tax8.26 B1.41 B9 B9.75 B10.43 B9.88 B
Average Equity35.13 B42.28 B61.86 B67.84 B73.37 B65.22 B
Enterprise Value96.75 B88.05 B181.13 B167.42 B205.01 B177.75 B
Free Cash Flow6.09 B6.83 B10.39 B13.43 B15.74 B12.77 B
Invested Capital37.71 B106.61 B139.59 B135.19 B123.64 B103.59 B
Invested Capital Average37.92 B83.65 B141.19 B137.52 B131.19 B106.54 B
Market Capitalization73.44 B66.75 B96.65 B89.4 B136.18 B122.4 B
Tangible Asset Value43.05 B81.25 B109.58 B120.02 B124.85 B102.13 B
Working Capital581 M1.23 B(3 B)(5.65 B)(7.8 B)(8 B)

CVS Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CVS Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CVS Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

CVS Corp Fundamentals

About CVS Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CVS Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CVS Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CVS Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Cost of Revenue240.1 B214.2 B
Revenues292.1 B260.3 B
Revenue to Assets 1.25  1.57 
Revenue Per Employee973.7 K790.3 K
CVS Health Corporation provides health services in the United States. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island. CVS Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 216000 people.

CVS Corp Investors Sentiment

The influence of CVS Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CVS Corp. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to CVS Corp's public news can be used to forecast risks associated with investment in CVS Corp. The trend in average sentiment can be used to explain how an investor holding CVS Corp can time the market purely based on public headlines and social activities around CVS Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
CVS Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CVS Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CVS Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CVS Corp.

CVS Corp Implied Volatility

CVS Corp's implied volatility exposes the market's sentiment of CVS Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if CVS Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that CVS Corp stock will not fluctuate a lot when CVS Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CVS Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CVS Corp's short interest history, or implied volatility extrapolated from CVS Corp options trading.

Pair Trading with CVS Corp

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 CVS Corp 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 CVS Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with CVS Corp

0.75AAgilent Technologies Fiscal Year End 28th of November 2022 PairCorr
The ability to find closely correlated positions to CVS Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVS Corp 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 CVS Corp - 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 CVS Corp to buy it.
The correlation of CVS Corp is a statistical measure of how it moves in relation to other equities. 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 CVS Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVS Corp 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 CVS Corp 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
Continue to CVS Corp Piotroski F Score and CVS Corp Altman Z Score analysis. Note that the CVS Corp information on this page should be used as a complementary analysis to other CVS Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running CVS Corp price analysis, check to measure CVS Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Corp is operating at the current time. Most of CVS Corp's value examination focuses on studying past and present price action to predict the probability of CVS Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CVS Corp's price. Additionally, you may evaluate how the addition of CVS Corp to your portfolios can decrease your overall portfolio volatility.
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Is CVS Corp's industry 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 CVS Corp. If investors know CVS Corp 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 CVS Corp 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 YOY
Market Capitalization
139.5 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of CVS Corp is measured differently than its book value, which is the value of CVS Corp that is recorded on the company's balance sheet. Investors also form their own opinion of CVS Corp's value that differs from its market value or its book value, called intrinsic value, which is CVS Corp'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 CVS Corp's market value can be influenced by many factors that don't directly affect CVS Corp'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 CVS Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine CVS Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVS Corp'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.