Fortune Financial Statements From 2010 to 2025
| FT Stock | CAD 0.09 0.01 5.56% |
Check Fortune Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortune Minerals' main balance sheet or income statement drivers, such as , as well as many indicators such as . Fortune financial statements analysis is a perfect complement when working with Fortune Minerals Valuation or Volatility modules.
Fortune |
Fortune Minerals Limited Company Current Valuation Analysis
Fortune Minerals' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Fortune Minerals Current Valuation | 61.97 M |
Most of Fortune Minerals' fundamental indicators, such as Current Valuation, 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, Fortune Minerals Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Fortune Minerals Limited has a Current Valuation of 61.97 M. This is 99.46% lower than that of the Metals & Mining sector and 99.68% lower than that of the Materials industry. The current valuation for all Canada stocks is 99.63% higher than that of the company.
Fortune Minerals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fortune Minerals's current stock value. Our valuation model uses many indicators to compare Fortune Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortune Minerals competition to find correlations between indicators driving Fortune Minerals's intrinsic value. More Info.Fortune Minerals Limited is rated # 5 in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fortune Minerals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fortune Minerals' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Fortune Minerals Financial Statements
Fortune Minerals investors utilize fundamental indicators, such as revenue or net income, to predict how Fortune Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. Fortune Minerals Limited was founded in 1988 and is headquartered in London, Canada. FORTUNE MNRL operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. It employs 6 people.
Other Information on Investing in Fortune Stock
Fortune Minerals financial ratios help investors to determine whether Fortune Stock 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 Fortune with respect to the benefits of owning Fortune Minerals security.