Forum Energy Metals Stock Fundamentals
| FMC Stock | CAD 0.07 0.01 12.50% |
Forum Energy Metals fundamentals help investors to digest information that contributes to Forum Energy's financial success or failures. It also enables traders to predict the movement of Forum Stock. The fundamental analysis module provides a way to measure Forum Energy'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 Forum Energy stock.
At this time, Forum Energy's Depreciation And Amortization is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 7.8 M in 2024, despite the fact that EBIT is likely to grow to (5.5 M). Forum | Select Account or Indicator |
Forum Energy Metals Company Current Valuation Analysis
Forum Energy's 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 Forum Energy Current Valuation | 16.35 M |
Most of Forum Energy's 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, Forum Energy Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Forum Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Forum Energy is extremely important. It helps to project a fair market value of Forum Stock properly, considering its historical fundamentals such as Current Valuation. Since Forum Energy's 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 Forum Energy's 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 Forum Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Forum Energy Metals has a Current Valuation of 16.35 M. This is 99.86% lower than that of the Metals & Mining sector and 99.92% lower than that of the Materials industry. The current valuation for all Canada stocks is 99.9% higher than that of the company.
Forum Energy Metals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Forum Energy's current stock value. Our valuation model uses many indicators to compare Forum Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Forum Energy competition to find correlations between indicators driving Forum Energy's intrinsic value. More Info.Forum Energy Metals is rated # 4 in return on equity category among its peers. It is rated # 3 in return on asset category among its peers . At this time, Forum Energy's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Forum Energy's earnings, one of the primary drivers of an investment's value.Forum Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forum Energy's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forum Energy could also be used in its relative valuation, which is a method of valuing Forum Energy by comparing valuation metrics of similar companies.Forum Energy is currently under evaluation in current valuation category among its peers.
Forum Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Forum Energy from analyzing Forum Energy's financial statements. These drivers represent accounts that assess Forum Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Forum Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 13.7M | 28.8M | 18.8M | 26.7M | 24.0M | 25.2M | |
| Enterprise Value | 13.5M | 25.7M | 17.7M | 25.3M | 22.7M | 23.9M |
Forum Fundamentals
| Return On Equity | -2.57 | ||||
| Return On Asset | -1.22 | ||||
| Current Valuation | 16.35 M | ||||
| Shares Outstanding | 294.56 M | ||||
| Shares Owned By Insiders | 4.98 % | ||||
| Shares Owned By Institutions | 0.21 % | ||||
| Number Of Shares Shorted | 88.47 K | ||||
| Price To Book | 6.19 X | ||||
| EBITDA | (6.46 M) | ||||
| Net Income | (5.36 M) | ||||
| Cash And Equivalents | 208.44 K | ||||
| Total Debt | 1.27 M | ||||
| Debt To Equity | 2.90 % | ||||
| Current Ratio | 1.17 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (6.7 M) | ||||
| Short Ratio | 0.34 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Beta | 1.17 | ||||
| Market Capitalization | 22.09 M | ||||
| Total Asset | 3.45 M | ||||
| Retained Earnings | (66.04 M) | ||||
| Working Capital | 1.02 M | ||||
| Net Asset | 3.45 M |
About Forum Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forum Energy Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forum Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forum Energy Metals 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 151.6 K | 134.8 K | |
| Cost Of Revenue | 21.8 K | 20.7 K |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Forum Stock Analysis
When running Forum Energy's price analysis, check to measure Forum Energy's 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 Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.