Fuel Tech, Inc. Q3 2024 Earnings Call Transcript
| FTEK Stock | USD 1.01 0.01 1.00% |
About 51% of Fuel Tech's investor base is interested to short. The analysis of overall sentiment of trading Fuel Tech stock suggests that many investors are impartial at this time. Fuel Tech's investing sentiment shows overall attitude of investors towards Fuel Tech.
Fuel |
Operator Greetings, and welcome to the Fuel Tech Incorporated Third Quarter 2024 Financial Results Conference Call. Operator Instructions As a reminder, this conference is being recorded.
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Fuel Tech Fundamental Analysis
We analyze Fuel Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fuel Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fuel Tech based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Current Ratio
Current Ratio Comparative Analysis
Fuel Tech is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Fuel Tech Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fuel Tech stock to make a market-neutral strategy. Peer analysis of Fuel Tech could also be used in its relative valuation, which is a method of valuing Fuel Tech by comparing valuation metrics with similar companies.
Peers
Fuel Tech Related Equities
| CECO | CECO Environmental | 2.94 | ||||
| CHNR | China Natural | 1.69 | ||||
| SSHPF | Vow ASA | 0.00 | ||||
| CLWT | Euro Tech | 0.75 | ||||
| ZWS | Zurn Elkay | 0.87 | ||||
| ERII | Energy Recovery | 1.44 | ||||
| FSS | Federal Signal | 2.00 | ||||
| SCWO | 374Water Common | 3.39 |
Check out Fuel Tech Hype Analysis, Fuel Tech Correlation and Fuel Tech Performance. For more information on how to buy Fuel Stock please use our How to buy in Fuel Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fuel Tech. If investors know Fuel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fuel Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Fuel Tech is measured differently than its book value, which is the value of Fuel that is recorded on the company's balance sheet. Investors also form their own opinion of Fuel Tech's value that differs from its market value or its book value, called intrinsic value, which is Fuel Tech'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 Fuel Tech's market value can be influenced by many factors that don't directly affect Fuel Tech'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 Fuel Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fuel Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fuel Tech'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.