Fortune Financial Statements From 2010 to 2024
| FTBYF Stock | USD 0.17 0.01 5.56% |
Check Fortune Bay financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortune Bay's main balance sheet or income statement drivers, such as , as well as many indicators such as . Fortune financial statements analysis is a perfect complement when working with Fortune Bay Valuation or Volatility modules.
Fortune |
Fortune Bay Corp OTC Stock Current Valuation Analysis
Fortune Bay's 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.
Current Fortune Bay Current Valuation | 10.79 M |
Most of Fortune Bay's fundamental indicators, such as Current Valuation, 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, Fortune Bay Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, Fortune Bay Corp has a Current Valuation of 10.79 M. This is 99.91% lower than that of the Metals & Mining sector and 99.73% lower than that of the Materials industry. The current valuation for all United States stocks is 99.94% higher than that of the company.
Fortune Bay Corp Fundamental Drivers Relationships
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. You can analyze the relationship between different fundamental ratios across Fortune Bay competition to find correlations between indicators driving Fortune Bay's intrinsic value. More Info.Fortune Bay Corp is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . 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.About Fortune Bay Financial Statements
Fortune Bay stakeholders use historical fundamental indicators, such as Fortune Bay's revenue or net income, to determine how well the company is positioned to perform in the future. Although Fortune Bay investors may analyze each financial statement separately, they are all interrelated. For example, changes in Fortune Bay's assets and liabilities are reflected in the revenues and expenses on Fortune Bay's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Fortune Bay Corp. Please read more on our technical analysis and fundamental analysis pages.
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.
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Other Information on Investing in Fortune OTC Stock
Fortune Bay financial ratios help investors to determine whether Fortune OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fortune with respect to the benefits of owning Fortune Bay security.