Forte Biosciences Stock Net Asset
| FBRX Stock | USD 16.08 0.08 0.50% |
Forte Biosciences fundamentals help investors to digest information that contributes to Forte Biosciences' financial success or failures. It also enables traders to predict the movement of Forte Stock. The fundamental analysis module provides a way to measure Forte Biosciences' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Forte Biosciences stock.
Forte | Net Asset |
Forte Biosciences Company Net Asset Analysis
Forte Biosciences' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Forte Biosciences Net Asset | 38.98 M |
Most of Forte Biosciences' fundamental indicators, such as Net Asset, 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, Forte Biosciences is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Forte Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Forte Biosciences is extremely important. It helps to project a fair market value of Forte Stock properly, considering its historical fundamentals such as Net Asset. Since Forte Biosciences' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Forte Biosciences' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Forte Biosciences' interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Forte Total Assets
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Based on the recorded statements, Forte Biosciences has a Net Asset of 38.98 M. This is much higher than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The net asset for all United States stocks is notably lower than that of the firm.
Forte Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forte Biosciences' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forte Biosciences could also be used in its relative valuation, which is a method of valuing Forte Biosciences by comparing valuation metrics of similar companies.Forte Biosciences is currently under evaluation in net asset category among its peers.
Forte Biosciences ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Forte Biosciences' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Forte Biosciences' managers, analysts, and investors.Environmental | Governance | Social |
Forte Biosciences Institutional Holders
Institutional Holdings refers to the ownership stake in Forte Biosciences that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Forte Biosciences' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Forte Biosciences' value.| Shares | Ubs Group Ag | 2024-06-30 | 24.3 K | Goldman Sachs Group Inc | 2024-06-30 | 20.8 K | Tower Research Capital Llc | 2024-06-30 | 15.8 K | Geode Capital Management, Llc | 2024-09-30 | 14.3 K | Group One Trading, Lp | 2024-06-30 | 14 K | Hsbc Holdings Plc | 2024-06-30 | 10.7 K | Adar1 Capital Management Llc | 2024-09-30 | 6 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.8 K | Advisor Group Holdings, Inc. | 2024-06-30 | 1.1 K | Blackrock Inc | 2024-06-30 | 174.9 K | Tybourne Capital Management (hk) Ltd | 2024-09-30 | 145 K |
Forte Fundamentals
| Return On Equity | -1.71 | ||||
| Return On Asset | -0.81 | ||||
| Current Valuation | 7.03 M | ||||
| Shares Outstanding | 1.46 M | ||||
| Shares Owned By Insiders | 10.94 % | ||||
| Shares Owned By Institutions | 54.05 % | ||||
| Number Of Shares Shorted | 982 | ||||
| Price To Book | 2.50 X | ||||
| EBITDA | (32.48 M) | ||||
| Net Income | (31.48 M) | ||||
| Cash And Equivalents | 38.55 M | ||||
| Cash Per Share | 1.89 X | ||||
| Total Debt | 3.67 M | ||||
| Current Ratio | 25.67 X | ||||
| Book Value Per Share | 24.30 X | ||||
| Cash Flow From Operations | (28.71 M) | ||||
| Short Ratio | 0.09 X | ||||
| Earnings Per Share | (16.38) X | ||||
| Target Price | 107.0 | ||||
| Number Of Employees | 11 | ||||
| Beta | 1.46 | ||||
| Market Capitalization | 23.39 M | ||||
| Total Asset | 38.98 M | ||||
| Retained Earnings | (118.52 M) | ||||
| Working Capital | 34.66 M | ||||
| Net Asset | 38.98 M |
About Forte Biosciences Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forte Biosciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forte Biosciences using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forte Biosciences based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Forte Biosciences' price analysis, check to measure Forte Biosciences' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forte Biosciences is operating at the current time. Most of Forte Biosciences' value examination focuses on studying past and present price action to predict the probability of Forte Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forte Biosciences' price. Additionally, you may evaluate how the addition of Forte Biosciences to your portfolios can decrease your overall portfolio volatility.