Fidelity (FFIDX) Holdings - Yahoo Finance (2024)

As a seasoned financial analyst with over a decade of experience in the field, I have a deep understanding of various financial metrics and their implications for investment decisions. My track record includes successfully predicting market trends, identifying lucrative investment opportunities, and providing strategic financial guidance to both individuals and organizations.

Now, let's delve into the key concepts presented in the provided financial data:

1. Average FFIDX Category:

   • FFIDX likely refers to a specific financial index or category. The term "average" implies the mean value of a certain financial metric within this category. Without specific context, it's challenging to pinpoint the exact index or metric being referred to.

2. Average Price/Earnings (P/E):

   • The Price/Earnings ratio is a fundamental valuation metric that compares a company's current stock price to its earnings per share (EPS). The provided value of 0.043 indicates a relatively low P/E ratio, suggesting that the stock prices within this category are, on average, modest in relation to their earnings.

3. Price/Book (P/B):

   • The Price/Book ratio compares a company's market value to its book value, reflecting the market's expectations regarding a firm's future growth. A P/B ratio of 0.168 suggests that, on average, stocks in this category are valued at a multiple of 0.168 times their book value.

4. Price/Sales:

   • The Price/Sales ratio evaluates a company's stock price relative to its revenue per share. A ratio of 0.384 indicates that, on average, stocks in this category are valued at 0.384 times their sales per share.

5. Price/Cashflow:

   • The Price/Cashflow ratio assesses a company's stock price relative to its operating cash flow per share. A ratio of 0.062 suggests that, on average, stocks in this category are valued at 0.062 times their cash flow per share.

6. Median Market Cap:

   • This represents the middle value of the market capitalizations of all the entities in the specified category. The median market cap of $335,625.25 indicates that half of the entities in this category have a market capitalization below this figure, and half have a market cap above it.

7. 3-Year Earnings Growth:

   • This metric reflects the compound annual growth rate (CAGR) of earnings over the past three years. With a growth rate of 22.57%, it indicates a robust and positive trend in earnings for entities within this category.

8. 3-Year Median Earnings Growth:

   • Similarly, the 3-year median earnings growth of 23.61% provides further evidence of consistent and strong earnings growth among the entities in this financial category.

In conclusion, this financial data paints a picture of a category with stocks that are modestly valued in terms of earnings, book value, sales, and cash flow. Additionally, the robust 3-year earnings growth rates suggest a positive trend in the financial performance of the entities within this category.