Fortitude Group Stock Return On Equity
Fortitude Group fundamentals help investors to digest information that contributes to Fortitude's financial success or failures. It also enables traders to predict the movement of Fortitude Stock. The fundamental analysis module provides a way to measure Fortitude'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 Fortitude stock.
Fortitude |
Fortitude Group Company Return On Equity Analysis
Fortitude's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Fortitude Group has a Return On Equity of 0.0. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The return on equity for all United States stocks is 100.0% lower than that of the firm.
Fortitude Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortitude's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fortitude could also be used in its relative valuation, which is a method of valuing Fortitude by comparing valuation metrics of similar companies.Fortitude is currently under evaluation in return on equity category among its peers.
Fortitude Fundamentals
| Current Valuation | 513.03 K | ||||
| Shares Outstanding | 570.04 M | ||||
| EBITDA | (560.62 K) | ||||
| Net Income | (376.71 K) | ||||
| Cash And Equivalents | 307 | ||||
| Total Debt | 38.5 K | ||||
| Debt To Equity | 2.17 % | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | (47.25 K) | ||||
| Earnings Per Share | 0.02 X | ||||
| Beta | 27.5 | ||||
| Market Capitalization | 50.67 K | ||||
| Total Asset | 1.38 M | ||||
| Retained Earnings | (23.73 M) | ||||
| Working Capital | 349 K | ||||
| Current Asset | 412 K | ||||
| Current Liabilities | 63 K | ||||
| Net Asset | 1.38 M |
Also Currently Popular
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.When determining whether Fortitude Group is a strong investment it is important to analyze Fortitude's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortitude's future performance. For an informed investment choice regarding Fortitude Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortitude. If investors know Fortitude will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortitude listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Fortitude Group is measured differently than its book value, which is the value of Fortitude that is recorded on the company's balance sheet. Investors also form their own opinion of Fortitude's value that differs from its market value or its book value, called intrinsic value, which is Fortitude'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 Fortitude's market value can be influenced by many factors that don't directly affect Fortitude'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 Fortitude's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortitude is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortitude'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.