Financial data analysis helps to check if markets are presently mispricing Fortune Brands Home. We are able to interpolate and collect twenty-five available fundamental indicators for Fortune Brands Home, which can be compared to its peers. The stock experiences a normal upward fluctuation. Check odds of Fortune Brands to be traded at 82.22 in 90 days. Key indicators impacting Fortune Brands' financial strength include:
Understanding current and past Fortune Brands Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fortune Brands' financial statements are interrelated, with each one affecting the others. For example, an increase in Fortune Brands' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Fortune Brands' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fortune Brands Home. Check Fortune Brands' Beneish M Score to see the likelihood of Fortune Brands' management manipulating its earnings.
You should never invest in Fortune Brands without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Fortune Stock, because this is throwing your money away. Analyzing the key information contained in Fortune Brands' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Fortune Brands Key Financial Ratios
There are many critical financial ratios that Fortune Brands' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Fortune Brands Home reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Fortune Brands's current stock value. Our valuation model uses many indicators to compare Fortune Brands value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortune Brands competition to find correlations between indicators driving Fortune Brands's intrinsic value. More Info.
Fortune Brands Home is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.37 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Fortune Brands Home is roughly 2.67 . 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 Fortune Brands' earnings, one of the primary drivers of an investment's value.
Fortune Brands Home Systematic Risk
Fortune Brands' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fortune Brands volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Fortune Brands Home correlated with the market. If Beta is less than 0 Fortune Brands generally moves in the opposite direction as compared to the market. If Fortune Brands Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fortune Brands Home is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fortune Brands is generally in the same direction as the market. If Beta > 1 Fortune Brands moves generally in the same direction as, but more than the movement of the benchmark.
Fortune Brands Home Total Assets Over Time
Fortune Brands Thematic Clasifications
Fortune Brands Home is part of Furniture investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Furniture manufacturers. Companies producing and selling home and office furniture
This theme covers Furniture manufacturers. Companies producing and selling home and office furniture. Get More Thematic Ideas
Fortune Brands December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fortune Brands help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fortune Brands Home. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fortune Brands Home based on widely used predictive technical indicators. In general, we focus on analyzing Fortune Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fortune Brands's daily price indicators and compare them against related drivers.
When running Fortune Brands' price analysis, check to measure Fortune Brands' 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 Fortune Brands is operating at the current time. Most of Fortune Brands' value examination focuses on studying past and present price action to predict the probability of Fortune Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortune Brands' price. Additionally, you may evaluate how the addition of Fortune Brands to your portfolios can decrease your overall portfolio volatility.