Fonix Mobile Book Value Per Share vs. Current Valuation

FNX Stock   215.50  4.50  2.13%   
Based on the measurements of profitability obtained from Fonix Mobile's financial statements, Fonix Mobile plc may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess Fonix Mobile's ability to earn profits and add value for shareholders.
For Fonix Mobile profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fonix Mobile to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fonix Mobile plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fonix Mobile's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fonix Mobile plc over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Fonix Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fonix Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fonix Mobile'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.

Fonix Mobile plc Current Valuation vs. Book Value Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Fonix Mobile's current stock value. Our valuation model uses many indicators to compare Fonix Mobile value to that of its competitors to determine the firm's financial worth.
Fonix Mobile plc is one of the top stocks in book value per share category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about  1,692,883,000  of Current Valuation per Book Value Per Share. 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 Fonix Mobile's earnings, one of the primary drivers of an investment's value.

Fonix Current Valuation vs. Book Value Per Share

Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Fonix Mobile

Book Value per Share

 = 

Common Equity

Average Shares

 = 
0.11 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.

Fonix Mobile

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
182.83 M
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.

Fonix Current Valuation vs Competition

Fonix Mobile plc is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is currently estimated at about 12.31 Billion. Fonix Mobile claims roughly 182.83 Million in current valuation contributing just under 2% to equities under Information Technology industry.

Fonix Mobile Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Fonix Mobile, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fonix Mobile will eventually generate negative long term returns. The profitability progress is the general direction of Fonix Mobile's change in net profit over the period of time. It can combine multiple indicators of Fonix Mobile, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income362 K380.1 K
Net Income Applicable To Common Shares10.1 M5.7 M
Income Tax Expense3.3 M3.4 M
Net Interest Income386.4 K405.7 K
Interest Income392.1 K411.8 K
Operating Income12.8 M8.6 M
Net Income From Continuing Ops10.1 M6.4 M
Income Before Tax13.9 M8.9 M
Total Other Income Expense Net1.2 M1.2 M
Net Income10.7 M7.2 M
Change To Netincome110.4 K96.8 K

Fonix Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Fonix Mobile. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Fonix Mobile position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Fonix Mobile's important profitability drivers and their relationship over time.

Use Fonix Mobile in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fonix Mobile position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fonix Mobile will appreciate offsetting losses from the drop in the long position's value.

Fonix Mobile Pair Trading

Fonix Mobile plc Pair Trading Analysis

The ability to find closely correlated positions to Fonix Mobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fonix Mobile when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fonix Mobile - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fonix Mobile plc to buy it.
The correlation of Fonix Mobile is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fonix Mobile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fonix Mobile plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fonix Mobile can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Fonix Mobile position

In addition to having Fonix Mobile in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Iron
Iron Theme
Companies involved in production of steel and iron. The Iron theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Iron Theme or any other thematic opportunities.
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Other Information on Investing in Fonix Stock

To fully project Fonix Mobile's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fonix Mobile plc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Fonix Mobile's income statement, its balance sheet, and the statement of cash flows.
Potential Fonix Mobile investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Fonix Mobile investors may work on each financial statement separately, they are all related. The changes in Fonix Mobile's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fonix Mobile's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.