First Trust Valuation
| FMY Fund | USD 12.20 0.07 0.58% |
At this time, the entity appears to be fairly valued. First Trust Mortgage shows a prevailing Real Value of $12.05 per share. The current price of the fund is $12.2. We determine the value of First Trust Mortgage from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will submerge.
Fairly Valued
Today
Please note that First Trust's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. First Trust Mortgage shows a prevailing Real Value of $12.05 per share. The current price of the fund is $12.2. We determine the value of First Trust Mortgage from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will submerge.
Since First Trust is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Fund. 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 12.2 | Real 12.05 | Hype 12.13 | Naive 12.2 |
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, news, and other external factors that may influence First Trust's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of First Trust Mortgage helps investors to forecast how First fund'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 Total Value Analysis
First Trust Mortgage is currently expected to have company total value of 42.71 M with market capitalization of 54.85 M, debt of 0, and cash on hands of 3.43 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the First Trust fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
42.71 M | 54.85 M | 0 | 3.43 M |
First Trust Asset Utilization
One of the ways to look at asset utilization of First is to check how much profit was generated for every dollar of assets it reports. First Trust Mortgage utilizes its assets almost 1.95 percent, getting $0.0195 for each dollar of assets held by the entity. A positive asset utilization denotes the company is slightly more effective with each dollar of assets it shows. Put another way, asset utilization of First Trust shows how effective it operates for each dollar spent on its assets.First Trust Ownership Allocation
The market capitalization of First Trust Mortgage is $54.85 Million. The majority of First Trust Mortgage outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in First Trust Mortgage to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in First Trust. Please pay attention to any change in the institutional holdings of First Trust Mortgage as this could imply that something significant has changed or is about to change at the company. Also note that almost six hundred four thousand nine hundred seventy-seven invesors are currently shorting First Trust expressing very little confidence in its future performance.First Trust Profitability Analysis
The company reported the last year's revenue of 2.61 M. Reported Net Loss for the year was (2.13 M) with profit before taxes, overhead, and interest of 2.64 M.About First Trust Valuation
Our relative valuation model uses a comparative analysis of First Trust. We calculate exposure to First Trust's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of First Trust's related companies.First Trust Mortgage Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. First Trust Mortgage Income Fund was formed on May 25, 2005 and is domiciled in United States. First TrustFidac operates under Asset Management classification in the United States and is traded on New York Stock Exchange.
Other Information on Investing in First Fund
First Trust financial ratios help investors to determine whether First Fund 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 First with respect to the benefits of owning First Trust security.
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