First Trust Exchange Traded Etf Current Valuation
| XIDE Etf | 29.99 0.12 0.40% |
Valuation analysis of First Trust Exchange helps investors to measure First Trust's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
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 Exchange 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.
The fair value of the First etf is determined by what a typical buyer is willing to pay for full or partial control of First Trust Exchange Traded. 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 29.99 | Real 29.97 | Hype 29.99 | Naive 30.12 |
The real value of First Etf, also known as its intrinsic value, is the underlying worth of First Trust Exchange ETF, which is reflected in its stock price. It is based on First Trust's financial performance, growth prospects, management team, or industry conditions. 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, or news.
Estimating the potential upside or downside of First Trust Exchange Traded 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 Exchange Traded ETF Current Valuation Analysis
First Trust'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 First Trust Current Valuation | 690.74 M |
Most of First Trust'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, First Trust Exchange Traded 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, First Trust Exchange Traded has a Current Valuation of 690.74 M. This is much higher than that of the family and significantly higher than that of the Defined Outcome category. The current valuation for all United States etfs is notably lower than that of the firm.
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First Fundamentals
| Return On Asset | 0.54 | |||
| Profit Margin | (7.52) % | |||
| Operating Margin | 0.61 % | |||
| Current Valuation | 690.74 M | |||
| Shares Outstanding | 79.25 M | |||
| Shares Owned By Insiders | 2.67 % | |||
| Shares Owned By Institutions | 73.80 % | |||
| Number Of Shares Shorted | 13.77 M | |||
| Price To Earning | 6.97 X | |||
| Price To Book | 0.11 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 2.97 B | |||
| Gross Profit | 484.83 M | |||
| EBITDA | 98.32 M | |||
| Net Income | (223.4 M) | |||
| Cash And Equivalents | 104.29 M | |||
| Cash Per Share | 1.32 X | |||
| Total Debt | 776.01 M | |||
| Debt To Equity | 5.04 % | |||
| Current Ratio | 1.41 X | |||
| Cash Flow From Operations | 28.02 M | |||
| Short Ratio | 4.90 X | |||
| Earnings Per Share | (2.89) X | |||
| Price To Earnings To Growth | (0.10) X | |||
| Number Of Employees | 9.99 K | |||
| Market Capitalization | 13.48 M | |||
| Total Asset | 2.15 B | |||
| Retained Earnings | (851.73 M) | |||
| Working Capital | 363.7 M | |||
| Current Asset | 1.22 B | |||
| Current Liabilities | 854.92 M | |||
| One Year Return | 4.80 % |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust Exchange Traded'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 Exchange Traded 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First Trust Exchange is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Trust Exchange Traded Etf. Highlighted below are key reports to facilitate an investment decision about First Trust Exchange Traded Etf:Check out First Trust Piotroski F Score and First Trust Altman Z Score analysis. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of First Trust Exchange 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.