First Mining Book Value Per Share vs. Current Valuation
| FF Stock | CAD 0.13 0.01 7.14% |
Book Value Per Share | First Reported 2010-12-31 | Previous Quarter 0.28823468 | Current Value 0.19 | Quarterly Volatility 0.27074075 |
For First Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Mining Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Mining Gold over time as well as its relative position and ranking within its peers.
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First Mining Gold Current Valuation vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining First Mining's current stock value. Our valuation model uses many indicators to compare First Mining value to that of its competitors to determine the firm's financial worth. First Mining Gold is rated # 4 in book value per share category among its peers. It is rated # 2 in current valuation category among its peers reporting about 561,129,588 of Current Valuation per Book Value Per Share. At this time, First Mining's Book Value Per Share is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value First Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Mining's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.First Current Valuation vs. Book Value Per Share
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.
First Mining |
| = | 0.23 X |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
First Mining |
| = | 126.82 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
First Current Valuation vs Competition
First Mining Gold is rated # 2 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 395.06 Million. First Mining totals roughly 126.82 Million in current valuation claiming about 32% of all equities under Materials industry.
First Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Mining will eventually generate negative long term returns. The profitability progress is the general direction of First Mining's change in net profit over the period of time. It can combine multiple indicators of First Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 49.1 M | 51.5 M | |
| Operating Income | -9.6 M | -9.1 M | |
| Net Loss | -7 M | -7.4 M | |
| Income Tax Expense | -1.6 M | -1.5 M | |
| Income Before Tax | -7.1 M | -7.4 M | |
| Total Other Income Expense Net | 2.5 M | 2.6 M | |
| Net Loss | -7 M | -7.4 M | |
| Net Loss | -14.7 M | -15.4 M | |
| Interest Income | 941 K | 829.7 K | |
| Net Interest Income | 941 K | 988 K | |
| Change To Netincome | 13.8 M | 9.1 M | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.72 | 0.74 | |
| Net Income Per E B T | 0.99 | 1.30 |
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First Mining's important profitability drivers and their relationship over time.
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Other Information on Investing in First Stock
To fully project First Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Mining Gold at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include First Mining's income statement, its balance sheet, and the statement of cash flows.