First Asset Financial Statements From 2010 to 2024
| ZXM Etf | CAD 42.42 0.24 0.57% |
Check First Asset financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Asset'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 Asset Valuation or Volatility modules.
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First Asset Morningstar ETF Price To Earning Analysis
First Asset's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current First Asset Price To Earning | 14.60 X |
Most of First Asset's fundamental indicators, such as Price To Earning, 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 Asset Morningstar is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, First Asset Morningstar has a Price To Earning of 14.6 times. This is much higher than that of the First Asset Investment Management Inc family and significantly higher than that of the International Equity category. The price to earning for all Canada etfs is notably lower than that of the firm.
First Asset Morningstar Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Asset's current stock value. Our valuation model uses many indicators to compare First Asset value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Asset competition to find correlations between indicators driving First Asset's intrinsic value. More Info.First Asset Morningstar is rated first in price to earning as compared to similar ETFs. It is rated first in beta as compared to similar ETFs totaling about 0.06 of Beta per Price To Earning. The ratio of Price To Earning to Beta for First Asset Morningstar is roughly 16.22 . Comparative valuation analysis is a catch-all model that can be used if you cannot value First Asset by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Asset's Etf. 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 First Asset Financial Statements
First Asset investors utilize fundamental indicators, such as revenue or net income, to predict how First Etf 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.
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar Developed Markets ex-North America Target Momentum Index, net of expenses. CI FA is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in First Etf
First Asset financial ratios help investors to determine whether First Etf 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 Asset security.