Foremost Lithium Resource Stock Book Value Per Share

FMST Stock

1.43 0.15 11.72%

Foremost Lithium Resource fundamentals help investors to digest information that contributes to Foremost Lithium's financial success or failures. It also enables traders to predict the movement of Foremost Stock. The fundamental analysis module provides a way to measure Foremost Lithium'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 Foremost Lithium stock.

	Last Reported	Projected for Next Year
Book Value Per Share	2.92	3.07
Tangible Book Value Per Share	2.92	3.07

Book Value Per Share is likely to gain to 3.07 in 2024. Tangible Book Value Per Share is likely to gain to 3.07 in 2024.

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Foremost Lithium Resource Company Book Value Per Share Analysis

Foremost Lithium's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Foremost Lithium Book Value Per Share

2.50 X

Most of Foremost Lithium's fundamental indicators, such as Book Value Per Share, 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, Foremost Lithium Resource is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Foremost Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Foremost Lithium is extremely important. It helps to project a fair market value of Foremost Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Foremost Lithium's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Foremost Lithium's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Foremost Lithium's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Total Liab	Total Current Assets	Net Receivables	Short Term Debt	Current Deferred Revenue	Short Term Investments	Common Stock	Net Tangible Assets	Net Invested Capital	Long Term Investments	Short Long Term Debt	Capital Stock	Net Working Capital	Property Plant Equipment	Long Term Debt
Total Assets		1.0	0.12	-0.93	0.99	0.97	0.52	0.91	0.86	-0.96	0.59	0.9	0.84	0.85	-0.89	0.85	0.88	-0.68	0.84	-0.72
Total Stockholder Equity	1.0		0.09	-0.94	0.99	0.96	0.54	0.92	0.83	-0.96	0.59	0.91	0.82	0.82	-0.87	0.83	0.86	-0.65	0.83	-0.71
Net Debt	0.12	0.09		-0.06	0.13	0.25	-0.76	-0.1	0.33	-0.07	0.37	0.11	0.33	0.34	-0.36	0.36	0.33	-0.36	0.33	-0.17
Retained Earnings	-0.93	-0.94	-0.06		-0.95	-0.84	-0.47	-0.91	-0.64	0.86	-0.77	-0.97	-0.79	-0.69	0.81	-0.63	-0.77	0.49	-0.79	0.51
Accounts Payable	0.99	0.99	0.13	-0.95		0.96	0.5	0.91	0.82	-0.95	0.64	0.92	0.83	0.82	-0.88	0.82	0.86	-0.65	0.83	-0.69
Total Liab	0.97	0.96	0.25	-0.84	0.96		0.44	0.84	0.94	-0.94	0.55	0.82	0.87	0.91	-0.93	0.94	0.92	-0.77	0.87	-0.77
Total Current Assets	0.52	0.54	-0.76	-0.47	0.5	0.44		0.64	0.36	-0.55	-0.02	0.41	0.27	0.31	-0.28	0.33	0.31	-0.23	0.28	-0.35
Net Receivables	0.91	0.92	-0.1	-0.91	0.91	0.84	0.64		0.73	-0.85	0.54	0.88	0.77	0.72	-0.82	0.71	0.77	-0.66	0.77	-0.5
Short Term Debt	0.86	0.83	0.33	-0.64	0.82	0.94	0.36	0.73		-0.83	0.36	0.65	0.8	0.93	-0.88	1.0	0.88	-0.91	0.81	-0.71
Current Deferred Revenue	-0.96	-0.96	-0.07	0.86	-0.95	-0.94	-0.55	-0.85	-0.83		-0.49	-0.82	-0.82	-0.84	0.84	-0.83	-0.88	0.61	-0.83	0.81
Short Term Investments	0.59	0.59	0.37	-0.77	0.64	0.55	-0.02	0.54	0.36	-0.49		0.77	0.69	0.48	-0.67	0.35	0.6	-0.24	0.68	-0.22
Common Stock	0.9	0.91	0.11	-0.97	0.92	0.82	0.41	0.88	0.65	-0.82	0.77		0.83	0.75	-0.8	0.64	0.8	-0.52	0.82	-0.39
Net Tangible Assets	0.84	0.82	0.33	-0.79	0.83	0.87	0.27	0.77	0.8	-0.82	0.69	0.83		0.93	-0.95	0.8	0.98	-0.66	1.0	-0.55
Net Invested Capital	0.85	0.82	0.34	-0.69	0.82	0.91	0.31	0.72	0.93	-0.84	0.48	0.75	0.93		-0.9	0.93	0.97	-0.81	0.93	-0.6
Long Term Investments	-0.89	-0.87	-0.36	0.81	-0.88	-0.93	-0.28	-0.82	-0.88	0.84	-0.67	-0.8	-0.95	-0.9		-0.88	-0.96	0.76	-0.95	0.66
Short Long Term Debt	0.85	0.83	0.36	-0.63	0.82	0.94	0.33	0.71	1.0	-0.83	0.35	0.64	0.8	0.93	-0.88		0.88	-0.91	0.8	-0.72
Capital Stock	0.88	0.86	0.33	-0.77	0.86	0.92	0.31	0.77	0.88	-0.88	0.6	0.8	0.98	0.97	-0.96	0.88		-0.72	0.99	-0.66
Net Working Capital	-0.68	-0.65	-0.36	0.49	-0.65	-0.77	-0.23	-0.66	-0.91	0.61	-0.24	-0.52	-0.66	-0.81	0.76	-0.91	-0.72		-0.65	0.43
Property Plant Equipment	0.84	0.83	0.33	-0.79	0.83	0.87	0.28	0.77	0.81	-0.83	0.68	0.82	1.0	0.93	-0.95	0.8	0.99	-0.65		-0.57
Long Term Debt	-0.72	-0.71	-0.17	0.51	-0.69	-0.77	-0.35	-0.5	-0.71	0.81	-0.22	-0.39	-0.55	-0.6	0.66	-0.72	-0.66	0.43	-0.57

Click cells to compare fundamentals

The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Competition

Predict Foremost Lithium

Book Value Per Share Over Time

Foremost Common Stock Shares Outstanding

Common Stock Shares Outstanding

4.74 Million

At this time, Foremost Lithium's Common Stock Shares Outstanding is comparatively stable compared to the past year.

In accordance with the recently published financial statements, the book value per share of Foremost Lithium Resource is about 2.502 times. This is 99.5% lower than that of the Chemicals sector and significantly higher than that of the Materials industry. The book value per share for all United States stocks is 99.87% higher than that of the company.

Foremost Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Foremost Lithium's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Foremost Lithium could also be used in its relative valuation, which is a method of valuing Foremost Lithium by comparing valuation metrics of similar companies.

Foremost Lithium is currently under evaluation in book value per share category among its peers.

Foremost Fundamentals

	Return On Equity	-0.4
	Return On Asset	-0.13
	Current Valuation	15.2 M
	Shares Outstanding	6.87 M
	Shares Owned By Insiders	27.19 %
	Shares Owned By Institutions	0.03 %
	Number Of Shares Shorted	74.55 K
	Price To Book	1.63 X
	EBITDA	(1.17 M)
	Net Income	(4.47 M)
	Total Debt	1.14 M
	Book Value Per Share	2.50 X
	Cash Flow From Operations	(3.79 M)
	Short Ratio	5.35 X
	Earnings Per Share	(0.72) X
	Target Price	5.46
	Beta	1.51
	Market Capitalization	14.08 M
	Total Asset	16.6 M
	Retained Earnings	(21.48 M)
	Working Capital	(1.25 M)
	Net Asset	16.6 M

About Foremost Lithium Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Foremost Lithium Resource's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Foremost Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Foremost Lithium Resource 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.

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Additional Tools for Foremost Stock Analysis

When running Foremost Lithium's price analysis, check to measure Foremost Lithium'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 Foremost Lithium is operating at the current time. Most of Foremost Lithium's value examination focuses on studying past and present price action to predict the probability of Foremost Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foremost Lithium's price. Additionally, you may evaluate how the addition of Foremost Lithium to your portfolios can decrease your overall portfolio volatility.

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