First Trust Financial Statements From 2010 to 2024
| FXU Etf | USD 41.12 0.61 1.51% |
Check First Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Trust's main balance sheet or income statement drivers, such as , as well as many indicators such as . First financial statements analysis is a perfect complement when working with First Trust Valuation or Volatility modules.
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First Trust Utilities ETF Price To Sales Analysis
First Trust's 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.
Current First Trust Price To Sales | 1.34 X |
Most of First Trust's fundamental indicators, such as Price To Sales, 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 Utilities is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Based on the latest financial disclosure, First Trust Utilities has a Price To Sales of 1.34 times. This is 59.52% higher than that of the First Trust family and significantly higher than that of the Utilities category. The price to sales for all United States etfs is notably lower than that of the firm.
First Trust Utilities Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Trust's current stock value. Our valuation model uses many indicators to compare First Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Trust competition to find correlations between indicators driving First Trust's intrinsic value. More Info.First Trust Utilities is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for First Trust Utilities is roughly 13.74 . Comparative valuation analysis is a catch-all technique that is used if you cannot value First Trust by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About First Trust Financial Statements
First Trust shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although First Trust investors may analyze each financial statement separately, they are all interrelated. The changes in First Trust's assets and liabilities, for example, are also reflected in the revenues and expenses on on First Trust's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund will normally invest at least 90 percent of its net assets in the common stocks that comprise the index. Utilities Alphadex is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of First Trust Correlation against competitors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of First Trust Utilities 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.