First Trust Valuation
| FMY Fund | USD 12.42 0.13 1.06% |
At this time, the entity appears to be overvalued. First Trust Mortgage shows a prevailing Real Value of $11.67 per share. The current price of the fund is $12.42. We determine the value of First Trust Mortgage from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will submerge.
Overvalued
Today
Please note that First Trust's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. First Trust Mortgage shows a prevailing Real Value of $11.67 per share. The current price of the fund is $12.42. We determine the value of First Trust Mortgage from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will submerge.
Since First Trust is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Fund. 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 12.42 | Real 11.67 | Hype 12.42 | Naive 12.56 |
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, news, and other external factors that may influence First Trust's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of First Trust Mortgage helps investors to forecast how First fund'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 Mortgage is currently expected to have company total value of 42.71 M with market capitalization of 54.85 M, debt of 0, and cash on hands of 3.43 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 |
42.71 M | 54.85 M | 0 | 3.43 M |
First Trust Asset Utilization
One of the ways to look at asset utilization of First is to check how much profit was generated for every dollar of assets it reports. First Trust Mortgage utilizes its assets almost 1.95 percent, getting $0.0195 for each dollar of assets held by the entity. A positive asset utilization denotes the company is slightly more effective with each dollar of assets it shows. Put another way, asset utilization of First Trust shows how effective it operates for each dollar spent on its assets.First Trust Ownership Allocation
The market capitalization of First Trust Mortgage is $54.85 Million. The majority of First Trust Mortgage outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in First Trust Mortgage to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in First Trust. Please pay attention to any change in the institutional holdings of First Trust Mortgage as this could imply that something significant has changed or is about to change at the company. Also note that almost six hundred four thousand nine hundred seventy-seven invesors are currently shorting First Trust expressing very little confidence in its future performance.First Trust Profitability Analysis
The company reported the last year's revenue of 2.61 M. Reported Net Loss for the year was (2.13 M) with profit before taxes, overhead, and interest of 2.64 M.First Trust Past Distributions to stockholders
About First Trust Valuation
Our relative 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 Mortgage Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Brookfield Investment Management Inc. The fund invests in fixed income markets. It seeks to invest in fixed income securities including mortgage-backed securities, consisting of pass-through certificates, collateralized mortgage obligations, residential mortgage-backed securities, and commercial mortgage-backed securities. The fund was formerly known as the First TrustFIDAC Mortgage Income Fund. First Trust Mortgage Income Fund was formed on May 25, 2005 and is domiciled in United States.
A single share of First Trust represents a small ownership stake in the entity. As a stockholder of First, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
First Trust Dividends Analysis For Valuation
Please note that First Trust has scaled down on payment of dividends at this time.
There are various types of dividends First Trust can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of First shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from First Trust Mortgage directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When First pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of First Trust by the value of the dividends paid out.
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.
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