First Trust Valuation
| FCT Etf | USD 10.45 0.05 0.48% |
At this time, the entity appears to be fairly valued. First Trust Senior shows a prevailing Real Value of $10.36 per share. The current price of the entity is $10.45. Our model computes the value of First Trust Senior from reviewing the entity fundamentals such as Shares Outstanding of 25.96 M, profit margin of (55.20) %, and Current Valuation of 367.12 M as well as analyzing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that First Trust's price fluctuation is very steady at this time. Calculation of the real value of First Trust Senior is based on 3 months time horizon. Increasing First Trust's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
First Trust's intrinsic value may or may not be the same as its current market price of 10.45, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.45 | Real 10.36 | Hype 10.41 | Naive 10.45 |
The intrinsic value of First Trust's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence First Trust's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of First Trust Senior helps investors to forecast how First etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of First Trust more accurately as focusing exclusively on First Trust's fundamentals will not take into account other important factors: First Trust Total Value Analysis
First Trust Senior is currently forecasted to have company total value of 367.12 M with market capitalization of 331.6 M, debt of 116 M, and cash on hands of 918.37 K. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the First Trust fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
367.12 M | 331.6 M | 116 M | 918.37 K |
First Trust Investor Information
The fund last dividend was 0.83 per share. Based on the key indicators related to First Trust's liquidity, profitability, solvency, and operating efficiency, First Trust Senior is not in a good financial situation at this time. It has a very high risk of going through financial distress in March.First Trust Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. First Trust has an asset utilization ratio of 4.58 percent. This implies that the ETF is making $0.0458 for each dollar of assets. An increasing asset utilization means that First Trust Senior is more efficient with each dollar of assets it utilizes for everyday operations.First Trust Ownership Allocation
First Trust holds a total of 25.96 Million outstanding shares. The majority of First Trust Senior outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in First Trust Senior to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in First Trust. Please pay attention to any change in the institutional holdings of First Trust Senior as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.First Trust Profitability Analysis
The company reported the last year's revenue of 20.08 M. Reported Net Loss for the year was (11.08 M) with profit before taxes, overhead, and interest of 20.08 M.About First Trust Valuation
The etf valuation mechanism determines First Trust's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of First Trust Senior based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Trust. We calculate exposure to First Trust's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of First Trust's related companies.First Trust Senior Floating Rate Income Fund II is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund invests in the fixed income markets of the United States. It seeks to invest in a portfolio of senior secured floating rate corporate loans. The fund benchmarks the performance of its portfolio against the SPLSTA Leveraged Loan Index. It was formerly known as First TrustFour Corners Senior Floating Rate Income Fund II. First Trust Senior Floating Rate Income Fund II was formed on May 25, 2004 and is domiciled in the United States.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Senior. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of First Trust Senior is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust'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 First Trust's market value can be influenced by many factors that don't directly affect First Trust'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 First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust'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.