Fortrea Holdings Net Worth
Fortrea Holdings Net Worth Breakdown | FTRE |
Fortrea Holdings Net Worth Analysis
Fortrea Holdings' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Fortrea Holdings' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Fortrea Holdings' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Fortrea Holdings' net worth analysis. One common approach is to calculate Fortrea Holdings' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Fortrea Holdings' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Fortrea Holdings' net worth. This approach calculates the present value of Fortrea Holdings' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Fortrea Holdings' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Fortrea Holdings' net worth. This involves comparing Fortrea Holdings' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Fortrea Holdings' net worth relative to its peers.
To determine if Fortrea Holdings is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Fortrea Holdings' net worth research are outlined below:
| Fortrea Holdings had very high historical volatility over the last 90 days | |
| Fortrea Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 3.11 B. Net Loss for the year was (3.4 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Over 100.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Fortrea to Present at the Citi Global Healthcare Conference |
Fortrea Holdings Quarterly Good Will |
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Fortrea Holdings uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Fortrea Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Fortrea Holdings' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 12th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Follow Fortrea Holdings' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.93 B.Market Cap |
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Project Fortrea Holdings' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.02 | 0.02 |
When accessing Fortrea Holdings' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Fortrea Holdings' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Fortrea Holdings' profitability and make more informed investment decisions.
Please note, the presentation of Fortrea Holdings' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fortrea Holdings' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Fortrea Holdings' management manipulating its earnings.
Evaluate Fortrea Holdings' management efficiency
Fortrea Holdings has return on total asset (ROA) of (0.0105) % which means that it has lost $0.0105 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1359) %, meaning that it created substantial loss on money invested by shareholders. Fortrea Holdings' management efficiency ratios could be used to measure how well Fortrea Holdings manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.0021. In addition to that, Return On Capital Employed is expected to decline to 0.02. At present, Fortrea Holdings' Intangibles To Total Assets are projected to slightly decrease based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 18.94, whereas Non Current Assets Total are forecasted to decline to about 2.5 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 19.58 | 34.57 | |
| Tangible Book Value Per Share | (11.96) | (11.36) | |
| Enterprise Value Over EBITDA | 27.97 | 29.37 | |
| Price Book Value Ratio | 1.78 | 0.94 | |
| Enterprise Value Multiple | 27.97 | 29.37 | |
| Price Fair Value | 1.78 | 0.94 |
The strategic initiatives led by Fortrea Holdings' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Enterprise Value Revenue 1.0038 | Revenue 3 B | Quarterly Revenue Growth (0.06) | Revenue Per Share 33.34 | Return On Equity (0.14) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Fortrea Holdings insiders, such as employees or executives, is commonly permitted as long as it does not rely on Fortrea Holdings' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Fortrea Holdings insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Fortrea Holdings Corporate Filings
| 14th of November 2024 Other Reports | ViewVerify | |
13A | 12th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
8K | 8th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 13th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Fortrea Holdings Earnings per Share Projection vs Actual
Fortrea Holdings Corporate Management
| Hima Inguva | Head Development | Profile | |
| Amanda Warren | Chief Officer | Profile | |
| Stillman Hanson | General Secretary | Profile | |
| Robert Parks | Chief Officer | Profile | |
| Jill McConnell | Chief Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortrea Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Fortrea Stock refer to our How to Trade Fortrea Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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.