Fundamental Income Net Etf Book Value Per Share
| NETL Etf | USD 25.49 0.13 0.51% |
Fundamental Income Net fundamentals help investors to digest information that contributes to Fundamental Income's financial success or failures. It also enables traders to predict the movement of Fundamental Etf. The fundamental analysis module provides a way to measure Fundamental Income'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 Fundamental Income etf.
Fundamental |
Fundamental Income Net ETF Book Value Per Share Analysis
Fundamental Income's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of Fundamental Income Net is about 0.0 times. This indicator is about the same for the Exchange Traded Concepts average (which is currently at 0.0) family and about the same as Real Estate (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Fundamental Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fundamental Income's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Fundamental Income could also be used in its relative valuation, which is a method of valuing Fundamental Income by comparing valuation metrics of similar companies.Fundamental Income is currently under evaluation in book value per share as compared to similar ETFs.
Fund Asset Allocation for Fundamental Income
The fund invests 99.43% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Fundamental Income's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Fundamental Fundamentals
| Return On Asset | 2.82 | |||
| Profit Margin | (7.66) % | |||
| Operating Margin | 8.35 % | |||
| Current Valuation | 3.22 B | |||
| Shares Outstanding | 69.52 M | |||
| Shares Owned By Insiders | 14.73 % | |||
| Shares Owned By Institutions | 83.60 % | |||
| Number Of Shares Shorted | 4.23 M | |||
| Price To Earning | 27.49 X | |||
| Price To Book | 5.34 X | |||
| Price To Sales | 8.45 X | |||
| Revenue | 409.59 M | |||
| Gross Profit | 208.32 M | |||
| EBITDA | 99.52 M | |||
| Net Income | (31.38 M) | |||
| Cash And Equivalents | 242.37 M | |||
| Cash Per Share | 3.49 X | |||
| Total Debt | 8.12 M | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 2.73 X | |||
| Cash Flow From Operations | 126.56 M | |||
| Short Ratio | 6.30 X | |||
| Earnings Per Share | (0.82) X | |||
| Price To Earnings To Growth | 1.65 X | |||
| Number Of Employees | 645 | |||
| Beta | 1.03 | |||
| Market Capitalization | 3.46 B | |||
| Total Asset | 93.91 M | |||
| Retained Earnings | (55.19 M) | |||
| Working Capital | 215.22 M | |||
| Current Asset | 339.64 M | |||
| Current Liabilities | 124.42 M | |||
| One Year Return | 19.00 % | |||
| Three Year Return | (1.60) % | |||
| Five Year Return | 2.70 % | |||
| Net Asset | 93.91 M | |||
| Last Dividend Paid | 0.19 | |||
| Equity Positions Weight | 99.43 % |
About Fundamental Income Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fundamental Income Net's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fundamental Income using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fundamental Income Net 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Fundamental Income Piotroski F Score and Fundamental Income Altman Z Score analysis. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of Fundamental Income Net is measured differently than its book value, which is the value of Fundamental that is recorded on the company's balance sheet. Investors also form their own opinion of Fundamental Income's value that differs from its market value or its book value, called intrinsic value, which is Fundamental Income'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 Fundamental Income's market value can be influenced by many factors that don't directly affect Fundamental Income'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 Fundamental Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fundamental Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fundamental Income'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.