First Trust California Etf Fundamentals
| FCAL Etf | USD 49.94 0.20 0.40% |
First Trust California fundamentals help investors to digest information that contributes to First Trust's financial success or failures. It also enables traders to predict the movement of First Etf. The fundamental analysis module provides a way to measure First Trust's 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 First Trust etf.
First |
First Trust California 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 | 3.29 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 California 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.
| Competition |
Based on the latest financial disclosure, First Trust California has a Price To Sales of 3.29 times. This is 291.67% higher than that of the First Trust family and significantly higher than that of the Muni California Long category. The price to sales for all United States etfs is notably lower than that of the firm.
First Trust California 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 California 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 0.03 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for First Trust California is roughly 36.75 . 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.Did you try this?
Run Portfolio Holdings Now
Portfolio HoldingsCheck your current holdings and cash postion to detemine if your portfolio needs rebalancing |
| All Next | Launch Module |
Fund Asset Allocation for First Trust
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.Asset allocation divides First Trust's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
First Fundamentals
| Return On Equity | 0.035 | |||
| Return On Asset | 0.41 | |||
| Profit Margin | 9.54 % | |||
| Operating Margin | 28.33 % | |||
| Current Valuation | 304.37 M | |||
| Shares Outstanding | 29.23 M | |||
| Shares Owned By Insiders | 20.29 % | |||
| Shares Owned By Institutions | 46.70 % | |||
| Number Of Shares Shorted | 372.79 K | |||
| Price To Earning | 43.37 X | |||
| Price To Book | 1.18 X | |||
| Price To Sales | 3.29 X | |||
| Revenue | 74.21 M | |||
| Gross Profit | 77.16 M | |||
| EBITDA | 24.59 M | |||
| Net Income | 6.06 M | |||
| Cash And Equivalents | 74.8 M | |||
| Cash Per Share | 2.56 X | |||
| Total Debt | 133.83 M | |||
| Debt To Equity | 7.06 % | |||
| Book Value Per Share | 8.01 X | |||
| Cash Flow From Operations | 18.3 M | |||
| Short Ratio | 6.10 X | |||
| Earnings Per Share | 0.20 X | |||
| Price To Earnings To Growth | 2.72 X | |||
| Number Of Employees | 263 | |||
| Beta | 0.89 | |||
| Market Capitalization | 248.13 M | |||
| Total Asset | 116.31 M | |||
| Retained Earnings | 33.45 M | |||
| One Year Return | 6.20 % | |||
| Three Year Return | (0.40) % | |||
| Five Year Return | 1.10 % | |||
| Net Asset | 116.31 M | |||
| Last Dividend Paid | 0.12 | |||
| Bond Positions Weight | 1.95 % |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust California's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Trust California based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.The fund seeks to achieve its investment objectives by investing at least 80 percent of its net assets in municipal debt securities that pay interest that is exempt from regular federal income taxes and California income taxes. California Municipal is traded on NASDAQ Exchange in the United States.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out First Trust Piotroski F Score and First Trust Altman Z Score analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of First Trust California 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.