First Trust Senior Etf Fundamentals
| FCT Etf | USD 10.32 0.01 0.1% |
First Trust Senior fundamentals help investors to digest information that contributes to First Trust's financial success or failures. It also enables traders to predict the movement of First Etf. The fundamental analysis module provides a way to measure First Trust's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Trust etf.
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First Trust Senior ETF Price To Sales Analysis
First Trust's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current First Trust Price To Sales | 13.16 X |
Most of First Trust's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Trust Senior is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, First Trust Senior has a Price To Sales of 13.16 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to sales for all United States etfs is notably lower than that of the firm.
First Trust Senior Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Trust's current stock value. Our valuation model uses many indicators to compare First Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Trust competition to find correlations between indicators driving First Trust's intrinsic value. More Info.First Trust Senior is one of the top ETFs in price to earning as compared to similar ETFs. It is rated # 2 ETF in price to book as compared to similar ETFs fabricating about 0.01 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for First Trust Senior is roughly 103.45 . Comparative valuation analysis is a catch-all technique that is used if you cannot value First Trust by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.First Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Trust's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of First Trust could also be used in its relative valuation, which is a method of valuing First Trust by comparing valuation metrics of similar companies.First Trust is currently under evaluation in price to sales as compared to similar ETFs.
First Fundamentals
| Return On Equity | -3.56 | ||||
| Return On Asset | 2.2 | ||||
| Profit Margin | (55.20) % | ||||
| Operating Margin | 80.30 % | ||||
| Current Valuation | 367.12 M | ||||
| Shares Outstanding | 25.96 M | ||||
| Shares Owned By Insiders | 13.80 % | ||||
| Shares Owned By Institutions | 80.12 % | ||||
| Number Of Shares Shorted | 47.1 K | ||||
| Price To Earning | 82.76 X | ||||
| Price To Book | 0.80 X | ||||
| Price To Sales | 13.16 X | ||||
| Revenue | 20.08 M | ||||
| Gross Profit | 20.08 M | ||||
| Net Income | (11.08 M) | ||||
| Cash And Equivalents | 918.37 K | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 116 M | ||||
| Debt To Equity | 0.39 % | ||||
| Current Ratio | 0.11 X | ||||
| Book Value Per Share | 12.71 X | ||||
| Cash Flow From Operations | 45.04 M | ||||
| Short Ratio | 0.36 X | ||||
| Earnings Per Share | 0.12 X | ||||
| Number Of Employees | 14 | ||||
| Beta | 0.59 | ||||
| Market Capitalization | 331.6 M | ||||
| Total Asset | 438.01 M | ||||
| Retained Earnings | (182.61 M) | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 6.96 % | ||||
| One Year Return | 9.37 % | ||||
| Three Year Return | 4.88 % | ||||
| Five Year Return | 4.63 % | ||||
| Last Dividend Paid | 0.83 |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust Senior's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Trust Senior based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
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Check out First Trust Piotroski F Score and First Trust Altman Z Score analysis. You can also try the Stocks Directory module to find actively traded stocks across global markets.
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.