First Trust Valuation
| FFA Etf | USD 20.93 0.21 0.99% |
At this time, the entity appears to be fairly valued. First Trust Enhanced shows a prevailing Real Value of $21.24 per share. The current price of the entity is $20.93. Our model computes the value of First Trust Enhanced from reviewing the entity fundamentals such as Operating Margin of 32.98 %, shares owned by insiders of 5.57 %, and Shares Outstanding of 19.98 M as well as analyzing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that First Trust's price fluctuation is very steady at this time. Calculation of the real value of First Trust Enhanced is based on 3 months time horizon. Increasing First Trust's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since First Trust is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Etf. However, First Trust's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 20.93 | Real 21.24 | Hype 20.93 |
The real value of First Etf, also known as its intrinsic value, is the underlying worth of First Trust Enhanced ETF, which is reflected in its stock price. It is based on First Trust's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of First Trust's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of First Trust Enhanced helps investors to forecast how First etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of First Trust more accurately as focusing exclusively on First Trust's fundamentals will not take into account other important factors: First Trust Total Value Analysis
First Trust Enhanced is currently forecasted to have company total value of 308.47 M with market capitalization of 387.67 M, debt of 0, and cash on hands of 1.74 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the First Trust fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
308.47 M | 387.67 M | 0 | 1.74 M |
First Trust Investor Information
The fund generated five year return of 13.0%. First Trust Enhanced last dividend was 1.26 per share. Based on the key indicators related to First Trust's liquidity, profitability, solvency, and operating efficiency, First Trust Enhanced is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in January.First Trust Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. First Trust has an asset utilization ratio of 2.92 percent. This suggests that the ETF is making $0.0292 for each dollar of assets. An increasing asset utilization means that First Trust Enhanced is more efficient with each dollar of assets it utilizes for everyday operations.First Trust Ownership Allocation
First Trust holds a total of 19.98 Million outstanding shares. 30% of First Trust Enhanced outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.First Trust Profitability Analysis
The company reported the last year's revenue of 6.72 M. Reported Net Loss for the year was (46.26 M) with profit before taxes, overhead, and interest of 6.07 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates First Trust's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in First Trust and how it compares across the competition.
About First Trust Valuation
The etf valuation mechanism determines First Trust's current worth on a weekly basis. Our valuation model uses a comparative analysis of First Trust. We calculate exposure to First Trust's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of First Trust's related companies.First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors. It invests in stocks of companies across diversified market capitalizations. The fund also writes covered call options. It benchmarks the performance of its portfolio against the SP 500 Index. The fund was formerly known as First TrustFiduciary Asset Management Covered Call Fund. First Trust Enhanced Equity Income Fund was formed on August 26, 2004 and is domiciled in the United States.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Enhanced. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of First Trust Enhanced 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust'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 Trust's market value can be influenced by many factors that don't directly affect First Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust'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.