First Trust Mortgage Fund Fundamentals
| FMY Fund | USD 11.85 0.02 0.17% |
First Trust Mortgage 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 Fund. 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 fund.
First |
First Trust Mortgage Fund 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 | 18.56 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 Mortgage 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 Mortgage has a Price To Sales of 18.56 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to sales for all United States funds is notably lower than that of the firm.
First Trust Mortgage 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 Mortgage is rated below average in price to earning among similar funds. It is rated below average in price to book among similar funds fabricating about 0.02 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for First Trust Mortgage is roughly 56.20 . 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 First Trust's earnings, one of the primary drivers of an investment's value.First Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Trust's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of First Trust could also be used in its relative valuation, which is a method of valuing First Trust by comparing valuation metrics of similar companies.First Trust is currently under evaluation in price to sales among similar funds.
First Fundamentals
| Return On Equity | -3.7 | |||
| Return On Asset | 1.95 | |||
| Profit Margin | (81.33) % | |||
| Operating Margin | 70.32 % | |||
| Current Valuation | 42.71 M | |||
| Shares Outstanding | 4.21 M | |||
| Shares Owned By Insiders | 32.58 % | |||
| Shares Owned By Institutions | 81.79 % | |||
| Number Of Shares Shorted | 560 | |||
| Price To Earning | 44.96 X | |||
| Price To Book | 0.80 X | |||
| Price To Sales | 18.56 X | |||
| Revenue | 2.61 M | |||
| Gross Profit | 2.64 M | |||
| Net Income | (2.13 M) | |||
| Cash And Equivalents | 3.43 M | |||
| Cash Per Share | 0.81 X | |||
| Current Ratio | 3.47 X | |||
| Book Value Per Share | 14.45 X | |||
| Short Ratio | 0.08 X | |||
| Earnings Per Share | 0.26 X | |||
| Number Of Employees | 12 | |||
| Beta | 0.25 | |||
| Market Capitalization | 54.85 M | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 6.70 % | |||
| One Year Return | 13.35 % | |||
| Three Year Return | 3.00 % | |||
| Five Year Return | 2.29 % | |||
| Last Dividend Paid | 0.66 |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust Mortgage'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 Mortgage based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.First Trust Mortgage Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Brookfield Investment Management Inc. The fund invests in fixed income markets. It seeks to invest in fixed income securities including mortgage-backed securities, consisting of pass-through certificates, collateralized mortgage obligations, residential mortgage-backed securities, and commercial mortgage-backed securities. The fund was formerly known as the First TrustFIDAC Mortgage Income Fund. First Trust Mortgage Income Fund was formed on May 25, 2005 and is domiciled in United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in First Fund
First Trust financial ratios help investors to determine whether First Fund 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 Trust security.
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