Putnam Etf Trust Etf Net Income
| FTPA Etf | USD 8.69 0.03 0.35% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Putnam ETF's long-term financial health and intrinsic value.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Putnam ETF Trust ETF Net Income Analysis
Putnam ETF'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 Putnam ETF Net Income | 4.83 M |
Most of Putnam ETF'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, Putnam ETF Trust 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, Putnam ETF Trust reported net income of 4.83 M. This is 99.62% lower than that of the Financial Services family and significantly higher than that of the Shell Companies category. The net income for all United States etfs is 99.15% higher than that of the company.
Putnam Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Putnam ETF's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Putnam ETF could also be used in its relative valuation, which is a method of valuing Putnam ETF by comparing valuation metrics of similar companies.Putnam ETF is currently under evaluation in net income as compared to similar ETFs.
Putnam Fundamentals
| Return On Asset | -0.0057 | |||
| Current Valuation | 341.89 M | |||
| Shares Outstanding | 25.69 M | |||
| Shares Owned By Insiders | 1.34 % | |||
| Shares Owned By Institutions | 94.30 % | |||
| Number Of Shares Shorted | 20.92 K | |||
| Price To Earning | 76.35 X | |||
| Price To Book | 1.43 X | |||
| Net Income | 4.83 M | |||
| Cash And Equivalents | 167.52 K | |||
| Current Ratio | 3.82 X | |||
| Book Value Per Share | (0.33) X | |||
| Cash Flow From Operations | (1.3 M) | |||
| Short Ratio | 0.17 X | |||
| Earnings Per Share | 0.13 X | |||
| Market Capitalization | 347.33 M | |||
| Total Asset | 251 | |||
| Net Asset | 251 |
About Putnam ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Putnam ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Putnam ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Putnam ETF Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
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 Putnam ETF Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Putnam Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Putnam Etf Trust Etf. Highlighted below are key reports to facilitate an investment decision about Putnam Etf Trust Etf:Check out Putnam ETF Piotroski F Score and Putnam ETF Altman Z Score analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of Putnam ETF Trust is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam ETF's value that differs from its market value or its book value, called intrinsic value, which is Putnam ETF'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 Putnam ETF's market value can be influenced by many factors that don't directly affect Putnam ETF'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 Putnam ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam ETF'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.