First Trust Mortgage Fund Book Value Per Share
| FMY Fund | USD 12.22 0.06 0.49% |
First Trust Mortgage fundamentals help investors to digest information that contributes to First Trust's financial success or failures. It also enables traders to predict the movement of First Fund. The fundamental analysis module provides a way to measure First Trust'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 First Trust fund.
First |
First Trust Mortgage Fund Book Value Per Share Analysis
First Trust'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.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current First Trust Book Value Per Share | 14.45 X |
Most of First Trust'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, First Trust Mortgage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
In accordance with the recently published financial statements, the book value per share of First Trust Mortgage is about 14.45 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The book value per share for all United States funds is notably lower than that of the firm.
First Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Trust's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of First Trust could also be used in its relative valuation, which is a method of valuing First Trust by comparing valuation metrics of similar companies.First Trust is currently under evaluation in book value per share among similar funds.
First Fundamentals
| Return On Equity | -3.7 | |||
| Return On Asset | 1.95 | |||
| Profit Margin | (81.33) % | |||
| Operating Margin | 70.32 % | |||
| Current Valuation | 42.71 M | |||
| Shares Outstanding | 4.21 M | |||
| Shares Owned By Insiders | 32.58 % | |||
| Shares Owned By Institutions | 81.79 % | |||
| Number Of Shares Shorted | 560 | |||
| Price To Earning | 44.96 X | |||
| Price To Book | 0.80 X | |||
| Price To Sales | 18.56 X | |||
| Revenue | 2.61 M | |||
| Gross Profit | 2.64 M | |||
| Net Income | (2.13 M) | |||
| Cash And Equivalents | 3.43 M | |||
| Cash Per Share | 0.81 X | |||
| Current Ratio | 3.47 X | |||
| Book Value Per Share | 14.45 X | |||
| Short Ratio | 0.08 X | |||
| Earnings Per Share | 0.26 X | |||
| Number Of Employees | 12 | |||
| Beta | 0.25 | |||
| Market Capitalization | 54.85 M | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 9.20 % | |||
| One Year Return | 11.96 % | |||
| Three Year Return | 3.74 % | |||
| Five Year Return | 2.74 % | |||
| Last Dividend Paid | 0.66 |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust Mortgage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Trust Mortgage based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in First Fund
First Trust financial ratios help investors to determine whether First Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Trust security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |