Fortrea Holdings Stock Fundamentals
| FTRE Stock | 21.55 0.86 4.16% |
Fortrea Holdings fundamentals help investors to digest information that contributes to Fortrea Holdings' financial success or failures. It also enables traders to predict the movement of Fortrea Stock. The fundamental analysis module provides a way to measure Fortrea Holdings' 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 Fortrea Holdings stock.
At present, Fortrea Holdings' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 427.8 M, whereas Selling General Administrative is forecasted to decline to about 332 M. Fortrea | Select Account or Indicator |
Fortrea Holdings Company Profit Margin Analysis
Fortrea Holdings' Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Fortrea Holdings Profit Margin | (0.10) % |
Most of Fortrea Holdings' fundamental indicators, such as Profit Margin, 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, Fortrea Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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Fortrea Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, Fortrea Holdings has a Profit Margin of -0.1008%. This is 99.1% lower than that of the Life Sciences Tools & Services sector and 99.13% lower than that of the Health Care industry. The profit margin for all United States stocks is 92.06% lower than that of the firm.
Fortrea Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fortrea Holdings's current stock value. Our valuation model uses many indicators to compare Fortrea Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortrea Holdings competition to find correlations between indicators driving Fortrea Holdings's intrinsic value. More Info.Fortrea Holdings is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . At present, Fortrea Holdings' Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Fortrea Holdings by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Fortrea Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortrea Holdings' direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fortrea Holdings could also be used in its relative valuation, which is a method of valuing Fortrea Holdings by comparing valuation metrics of similar companies.Fortrea Holdings is currently under evaluation in profit margin category among its peers.
Fortrea Holdings ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fortrea Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fortrea Holdings' managers, analysts, and investors.Environmental | Governance | Social |
Fortrea Fundamentals
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0105 | ||||
| Profit Margin | (0.10) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 3.03 B | ||||
| Shares Outstanding | 89.7 M | ||||
| Shares Owned By Insiders | 0.28 % | ||||
| Shares Owned By Institutions | 99.72 % | ||||
| Number Of Shares Shorted | 5.51 M | ||||
| Price To Book | 1.28 X | ||||
| Price To Sales | 0.65 X | ||||
| Revenue | 3.11 B | ||||
| EBITDA | 166.9 M | ||||
| Net Income | (3.4 M) | ||||
| Total Debt | 1.68 B | ||||
| Book Value Per Share | 16.87 X | ||||
| Cash Flow From Operations | 167.4 M | ||||
| Short Ratio | 3.87 X | ||||
| Earnings Per Share | (2.44) X | ||||
| Target Price | 24.31 | ||||
| Number Of Employees | 15.5 K | ||||
| Market Capitalization | 1.93 B | ||||
| Total Asset | 4.36 B | ||||
| Retained Earnings | (49.1 M) | ||||
| Working Capital | 477.2 M | ||||
| Net Asset | 4.36 B |
About Fortrea Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortrea Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortrea Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortrea Holdings 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 241.4 M | 218.6 M | |
| Total Revenue | 3.1 B | 3.3 B | |
| Cost Of Revenue | 2.7 B | 2.7 B | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 35.01 | 26.76 | |
| Ebit Per Revenue | 0.02 | 0.02 |
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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.When determining whether Fortrea Holdings is a strong investment it is important to analyze Fortrea Holdings' 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 Fortrea Holdings' future performance. For an informed investment choice regarding Fortrea Stock, refer to the following important reports:Check out Fortrea Holdings Piotroski F Score and Fortrea Holdings Altman Z Score analysis. For information on how to trade Fortrea Stock refer to our How to Trade Fortrea Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Life Sciences Tools & Services 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 Fortrea Holdings. If investors know Fortrea 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 Fortrea Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Earnings Share (2.44) | Revenue Per Share 33.34 | Quarterly Revenue Growth (0.06) | Return On Assets (0.01) |
The market value of Fortrea Holdings is measured differently than its book value, which is the value of Fortrea that is recorded on the company's balance sheet. Investors also form their own opinion of Fortrea Holdings' value that differs from its market value or its book value, called intrinsic value, which is Fortrea Holdings' 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 Fortrea Holdings' market value can be influenced by many factors that don't directly affect Fortrea Holdings' 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 Fortrea Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortrea Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortrea Holdings' 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.