First Of Return On Asset vs. Price To Sales

FLIC Stock  USD 14.03  0.18  1.30%   
Considering the key profitability indicators obtained from First Of's historical financial statements, First Of's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess First Of's ability to earn profits and add value for shareholders. The current year's EV To Sales is expected to grow to 9.04, whereas Price To Sales Ratio is forecasted to decline to 3.08. At present, First Of's Net Income Applicable To Common Shares is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 35.3 M, whereas Accumulated Other Comprehensive Income is projected to grow to (54.8 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.790.89
Fairly Down
Slightly volatile
Net Profit Margin0.240.2806
Fairly Down
Pretty Stable
Operating Profit Margin0.750.4599
Way Up
Slightly volatile
Pretax Profit Margin0.320.3151
Fairly Up
Very volatile
Return On Assets0.00590.0062
Notably Down
Slightly volatile
Return On Equity0.130.069
Way Up
Pretty Stable
For First Of profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Of to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First of Long utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Of's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First of Long over time as well as its relative position and ranking within its peers.
  
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Is Regional Banks space 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 First Of. If investors know First 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 First Of 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
(0.33)
Dividend Share
0.84
Earnings Share
0.87
Revenue Per Share
3.761
Quarterly Revenue Growth
(0.09)
The market value of First of Long is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Of's value that differs from its market value or its book value, called intrinsic value, which is First Of'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 First Of's market value can be influenced by many factors that don't directly affect First Of'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 First Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Of'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.

First of Long Price To Sales vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining First Of's current stock value. Our valuation model uses many indicators to compare First Of value to that of its competitors to determine the firm's financial worth.
First of Long is rated below average in return on asset category among its peers. It is rated below average in price to sales category among its peers fabricating about  786.09  of Price To Sales per Return On Asset. At present, First Of's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. 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 First Of's earnings, one of the primary drivers of an investment's value.

First Price To Sales vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

First Of

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0047
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

First Of

P/S

 = 

MV Per Share

Revenue Per Share

 = 
3.69 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

First Price To Sales Comparison

First Of is currently under evaluation in price to sales category among its peers.

First Of Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in First Of, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Of will eventually generate negative long term returns. The profitability progress is the general direction of First Of's change in net profit over the period of time. It can combine multiple indicators of First Of, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-57.7 M-54.8 M
Operating Income43 M37.7 M
Income Before Tax29.5 M24.7 M
Total Other Income Expense Net-13.5 M-14.2 M
Net Income26.2 M19.4 M
Income Tax Expense3.2 M5.2 M
Net Income Applicable To Common Shares54 M56.7 M
Net Income From Continuing Ops26.2 M35.3 M
Net Interest Income86.9 M106.6 M
Interest Income155.5 M139.4 M
Change To Netincome2.6 M1.3 M
Net Income Per Share 1.16  0.66 
Income Quality 1.23  1.02 
Net Income Per E B T 0.89  0.61 

First Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on First Of. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First Of position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First Of's important profitability drivers and their relationship over time.

Use First Of in pair-trading

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 First Of 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 First Of will appreciate offsetting losses from the drop in the long position's value.

First Of Pair Trading

First of Long Pair Trading Analysis

The ability to find closely correlated positions to First Of could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Of 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 First Of - 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 First of Long to buy it.
The correlation of First Of is a statistical measure of how it moves in relation to other instruments. 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 First Of moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First of Long 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 First Of 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

Use Investing Themes to Complement your First Of position

In addition to having First Of in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Emerging Markets ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Emerging Markets ETFs theme has 29 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Emerging Markets ETFs Theme or any other thematic opportunities.
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When determining whether First of Long offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Of's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Of Long Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Of Long Stock:
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You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
To fully project First Of's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First of Long at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include First Of's income statement, its balance sheet, and the statement of cash flows.
Potential First Of investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although First Of investors may work on each financial statement separately, they are all related. The changes in First Of's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Of's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.