Fortress Biotech Stock Fundamentals
FBIO Stock | USD 1.90 0.04 2.06% |
Fortress Biotech fundamentals help investors to digest information that contributes to Fortress Biotech's financial success or failures. It also enables traders to predict the movement of Fortress Stock. The fundamental analysis module provides a way to measure Fortress Biotech's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fortress Biotech stock.
At this time, Fortress Biotech's Non Operating Income Net Other is very stable compared to the past year. As of the 31st of October 2024, Minority Interest is likely to grow to about 109.5 M, while Interest Expense is likely to drop about 6.5 M. Fortress | Select Account or Indicator |
Fortress Biotech Company Profit Margin Analysis
Fortress Biotech's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Fortress Biotech Profit Margin | (0.49) % |
Most of Fortress Biotech's fundamental indicators, such as Profit Margin, 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, Fortress Biotech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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Fortress Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, Fortress Biotech has a Profit Margin of -0.4925%. This is 95.61% lower than that of the Biotechnology sector and 97.86% lower than that of the Health Care industry. The profit margin for all United States stocks is 61.22% lower than that of the firm.
Fortress Biotech Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fortress Biotech's current stock value. Our valuation model uses many indicators to compare Fortress Biotech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortress Biotech competition to find correlations between indicators driving Fortress Biotech's intrinsic value. More Info.Fortress Biotech is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Fortress Biotech's Return On Equity is very stable compared to the past year. 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 Fortress Biotech's earnings, one of the primary drivers of an investment's value.Fortress Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortress Biotech's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fortress Biotech could also be used in its relative valuation, which is a method of valuing Fortress Biotech by comparing valuation metrics of similar companies.Fortress Biotech is currently under evaluation in profit margin category among its peers.
Fortress Biotech Current Valuation Drivers
We derive many important indicators used in calculating different scores of Fortress Biotech from analyzing Fortress Biotech's financial statements. These drivers represent accounts that assess Fortress Biotech's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Fortress Biotech's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 140.6M | 228.3M | 204.3M | 58.7M | 24.4M | 23.2M | |
Enterprise Value | 118.9M | 84.0M | (26.5M) | 7.7M | 32.1M | 53.6M |
Fortress Fundamentals
Return On Equity | -17.4 | ||||
Return On Asset | -0.36 | ||||
Profit Margin | (0.49) % | ||||
Operating Margin | (1.69) % | ||||
Current Valuation | 67.9 M | ||||
Shares Outstanding | 27.56 M | ||||
Shares Owned By Insiders | 21.20 % | ||||
Shares Owned By Institutions | 14.99 % | ||||
Number Of Shares Shorted | 2.57 M | ||||
Price To Earning | (2.92) X | ||||
Price To Book | 3.12 X | ||||
Price To Sales | 0.67 X | ||||
Revenue | 84.51 M | ||||
Gross Profit | (85.66 M) | ||||
EBITDA | (131.17 M) | ||||
Net Income | (60.64 M) | ||||
Cash And Equivalents | 208.35 M | ||||
Cash Per Share | 1.92 X | ||||
Total Debt | 88.59 M | ||||
Debt To Equity | 1.24 % | ||||
Current Ratio | 2.43 X | ||||
Book Value Per Share | 0.79 X | ||||
Cash Flow From Operations | (128.22 M) | ||||
Short Ratio | 2.99 X | ||||
Earnings Per Share | (27.73) X | ||||
Price To Earnings To Growth | (0.10) X | ||||
Target Price | 14.0 | ||||
Number Of Employees | 186 | ||||
Beta | 1.8 | ||||
Market Capitalization | 55.68 M | ||||
Total Asset | 167.53 M | ||||
Retained Earnings | (694.87 M) | ||||
Working Capital | 32.11 M | ||||
Current Asset | 99.94 M | ||||
Current Liabilities | 10.58 M | ||||
Net Asset | 167.53 M |
About Fortress Biotech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortress Biotech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortress Biotech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortress Biotech 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.
Please read more on our fundamental analysis page.Last Reported | Projected for Next Year | ||
Current Deferred Revenue | 843 K | 800.9 K | |
Total Revenue | 84.5 M | 46 M | |
Cost Of Revenue | 28.9 M | 29.4 M | |
Stock Based Compensation To Revenue | 0.20 | 0.19 | |
Sales General And Administrative To Revenue | 1.75 | 1.66 | |
Research And Ddevelopement To Revenue | 1.26 | 1.19 | |
Capex To Revenue | 0.10 | 0.09 | |
Revenue Per Share | 10.42 | 16.95 | |
Ebit Per Revenue | (1.65) | (1.73) |
Pair Trading with Fortress Biotech
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 Fortress Biotech 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 Fortress Biotech will appreciate offsetting losses from the drop in the long position's value.Moving together with Fortress Stock
Moving against Fortress Stock
0.45 | FLGC | Flora Growth Corp | PairCorr |
0.41 | BMY | Bristol Myers Squibb | PairCorr |
0.39 | EWTX | Edgewise Therapeutics | PairCorr |
The ability to find closely correlated positions to Fortress Biotech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortress Biotech 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 Fortress Biotech - 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 Fortress Biotech to buy it.
The correlation of Fortress Biotech 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 Fortress Biotech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortress Biotech 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 Fortress Biotech 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.Check out Fortress Biotech Piotroski F Score and Fortress Biotech Altman Z Score analysis. To learn how to invest in Fortress Stock, please use our How to Invest in Fortress Biotech guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Biotechnology 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 Fortress Biotech. If investors know Fortress 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 Fortress Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (27.73) | Revenue Per Share 6.15 | Quarterly Revenue Growth (0.14) | Return On Assets (0.36) | Return On Equity (17.40) |
The market value of Fortress Biotech is measured differently than its book value, which is the value of Fortress that is recorded on the company's balance sheet. Investors also form their own opinion of Fortress Biotech's value that differs from its market value or its book value, called intrinsic value, which is Fortress Biotech'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 Fortress Biotech's market value can be influenced by many factors that don't directly affect Fortress Biotech'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 Fortress Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortress Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortress Biotech'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.