Fortune Minerals Limited Stock Net Income
| FT Stock | CAD 0.09 0.00 0.00% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Fortune Minerals' long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Net Loss | -3.6 M | -3.8 M | |
| Net Loss | -3.6 M | -3.8 M | |
| Net Loss | -3.6 M | -3.8 M | |
| Net Loss | (0.01) | (0.01) | |
| Net Income Per E B T | 0.90 | 0.94 |
Fortune | Net Income |
Fortune Minerals Limited Company Net Income Analysis
Fortune Minerals' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Fortune Minerals Net Income | (3.61 M) |
Most of Fortune Minerals' fundamental indicators, such as Net Income, 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, Fortune Minerals Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Fortune Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Fortune Minerals is extremely important. It helps to project a fair market value of Fortune Stock properly, considering its historical fundamentals such as Net Income. Since Fortune Minerals' 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 Fortune Minerals' 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 Fortune Minerals' interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Fortune Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Fortune Minerals Limited reported net income of (3.61 Million). This is 70.02% lower than that of the Metals & Mining sector and 100.29% lower than that of the Materials industry. The net income for all Canada stocks is 100.63% higher than that of the company.
Fortune Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortune Minerals' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fortune Minerals could also be used in its relative valuation, which is a method of valuing Fortune Minerals by comparing valuation metrics of similar companies.Fortune Minerals is currently under evaluation in net income category among its peers.
Fortune Fundamentals
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.37 | ||||
| Current Valuation | 61.97 M | ||||
| Shares Outstanding | 584.95 M | ||||
| Shares Owned By Insiders | 5.20 % | ||||
| Number Of Shares Shorted | 233.46 K | ||||
| Price To Earning | 85.00 X | ||||
| Price To Book | 0.54 X | ||||
| Price To Sales | 191.21 X | ||||
| Gross Profit | (41.1 K) | ||||
| EBITDA | (2.43 M) | ||||
| Net Income | (3.61 M) | ||||
| Cash And Equivalents | 1.59 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 12.73 M | ||||
| Debt To Equity | 11.90 % | ||||
| Current Ratio | 6.51 X | ||||
| Book Value Per Share | (0.02) X | ||||
| Cash Flow From Operations | (186.52 K) | ||||
| Short Ratio | 0.51 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Target Price | 0.42 | ||||
| Beta | -0.7 | ||||
| Market Capitalization | 49.72 M | ||||
| Total Asset | 4.82 M | ||||
| Retained Earnings | (211.36 M) | ||||
| Working Capital | (13.47 M) | ||||
| Net Asset | 4.82 M |
About Fortune Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortune Minerals Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortune Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortune Minerals Limited 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.
Other Information on Investing in Fortune Stock
Fortune Minerals financial ratios help investors to determine whether Fortune Stock 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 Fortune with respect to the benefits of owning Fortune Minerals security.