Fortune Bay Price To Book vs. Cash Per Share
| FTBYF Stock | USD 0.22 0.02 8.33% |
For Fortune Bay profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fortune Bay to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fortune Bay Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fortune Bay's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fortune Bay Corp over time as well as its relative position and ranking within its peers.
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Fortune Bay Corp Cash Per Share vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fortune Bay's current stock value. Our valuation model uses many indicators to compare Fortune Bay value to that of its competitors to determine the firm's financial worth. Fortune Bay Corp is rated below average in price to book category among its peers. It is rated below average in cash per share category among its peers fabricating about 0.14 of Cash Per Share per Price To Book. The ratio of Price To Book to Cash Per Share for Fortune Bay Corp is roughly 7.22 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fortune Bay's earnings, one of the primary drivers of an investment's value.Fortune Cash Per Share vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
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| = | 0.65 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Fortune Bay |
| = | 0.09 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Fortune Cash Per Share Comparison
Fortune Bay is currently under evaluation in cash per share category among its peers.
Fortune Bay Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fortune Bay, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fortune Bay will eventually generate negative long term returns. The profitability progress is the general direction of Fortune Bay's change in net profit over the period of time. It can combine multiple indicators of Fortune Bay, 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.
Fortune Bay Corp. acquires, explores for, and develops mineral properties. It also owns 2 percent net smelter royalty in the Huizopa project located in the Sierra Madres in Chihuahua, Mexico. Fortune Bay is traded on OTC Exchange in the United States.
Fortune Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fortune Bay. 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 Fortune Bay 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 Fortune Bay's important profitability drivers and their relationship over time.
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 constituents at this time.
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Other Information on Investing in Fortune OTC Stock
To fully project Fortune Bay's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fortune Bay Corp 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 Fortune Bay's income statement, its balance sheet, and the statement of cash flows.