First Trust Valuation
| MFLX Etf | USD 17.23 0.02 0.12% |
At this time, the entity appears to be overvalued. First Trust Flexible shows a prevailing Real Value of $15.83 per share. The current price of the entity is $17.23. Our model computes the value of First Trust Flexible from reviewing the entity fundamentals such as Profit Margin of 0.0009 %, shares outstanding of 24.37 M, and Current Valuation of 335.96 M as well as analyzing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that First Trust's price fluctuation is very steady at this time. Calculation of the real value of First Trust Flexible 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.
Since First Trust is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Etf. However, First Trust's intrinsic value may or may not be the same as its current market price, 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 17.23 | Real 15.83 | Hype 17.23 | Naive 17.31 |
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 Flexible 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 Flexible is now expected to have valuation of 335.96 M with market capitalization of 593.52 M, debt of 10.85 M, and cash on hands of 214.23 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the First Trust fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
335.96 M | 593.52 M | 10.85 M | 214.23 M |
First Trust Investor Information
First Trust is is formed as Regulated Investment Company in the United States. ETF is managed and operated by The Bank of New York Mellon Corporation. The fund has 70 constituents across multiple sectors and instustries. The fund charges 0.75 percent management fee with a total expences of 0.88 percent of total asset. The fund maintains about 5.75% of assets in bonds. Based on the key indicators related to First Trust's liquidity, profitability, solvency, and operating efficiency, First Trust Flexible is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in December.First Trust Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of First suggests not a very effective usage of assets in November.First Trust Ownership Allocation
First Trust holds a total of 24.37 Million outstanding shares. First Trust Flexible shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 62.53 percent of First Trust Flexible outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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 previous year's revenue of 636.6 M. Net Income was 45.08 M with profit before overhead, payroll, taxes, and interest of 80.06 M.First Trust Past Distributions to stockholders
About First Trust Valuation
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.Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal CEF is traded on NASDAQ Exchange in the United States.
A single share of First Trust represents a small ownership stake in the entity. As a stockholder of First, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
First Trust Dividends Analysis For Valuation
Please note that First Trust has scaled down on payment of dividends at this time.
There are various types of dividends First Trust can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of First shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from First Trust Flexible directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When First pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of First Trust by the value of the dividends paid out.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Trust Flexible. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of First Trust Flexible 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.