Fortune Bay Corp Stock Net Income
| FTBYF Stock | USD 0.19 0.01 5.56% |
Fortune Bay Corp fundamentals help investors to digest information that contributes to Fortune Bay's financial success or failures. It also enables traders to predict the movement of Fortune OTC Stock. The fundamental analysis module provides a way to measure Fortune Bay'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 Fortune Bay otc stock.
Fortune |
Fortune Bay Corp OTC Stock Net Income Analysis
Fortune Bay's 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 Bay Net Income | (1.83 M) |
Most of Fortune Bay's 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 Bay Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the recorded statements, Fortune Bay Corp reported net income of (1.83 Million). This is 84.81% lower than that of the Metals & Mining sector and 98.68% lower than that of the Materials industry. The net income for all United States stocks is 100.32% 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 Bay's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Fortune Bay could also be used in its relative valuation, which is a method of valuing Fortune Bay by comparing valuation metrics of similar companies.Fortune Bay is currently under evaluation in net income category among its peers.
Fortune Fundamentals
| Return On Equity | -0.0534 | |||
| Return On Asset | -0.043 | |||
| Current Valuation | 10.79 M | |||
| Shares Outstanding | 42.91 M | |||
| Shares Owned By Insiders | 14.31 % | |||
| Shares Owned By Institutions | 1.51 % | |||
| Price To Earning | (13.86) X | |||
| Price To Book | 0.65 X | |||
| Gross Profit | (149.51 K) | |||
| EBITDA | (1.87 M) | |||
| Net Income | (1.83 M) | |||
| Cash And Equivalents | 3.63 M | |||
| Cash Per Share | 0.09 X | |||
| Total Debt | 190.58 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 3.09 X | |||
| Book Value Per Share | 0.55 X | |||
| Cash Flow From Operations | (1.65 M) | |||
| Earnings Per Share | (0.04) X | |||
| Beta | 1.49 | |||
| Market Capitalization | 9.23 M | |||
| Total Asset | 24.8 M | |||
| Z Score | 28.8 | |||
| Net Asset | 24.8 M |
About Fortune Bay Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortune Bay Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortune Bay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortune Bay Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
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Other Information on Investing in Fortune OTC Stock
Fortune Bay financial ratios help investors to determine whether Fortune OTC 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 Bay security.