Icon Financial Financial Statements From 2010 to 2024
| ICFSX Fund | USD 10.80 0.01 0.09% |
Check Icon Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Icon Financial's main balance sheet or income statement drivers, such as , as well as many indicators such as . Icon financial statements analysis is a perfect complement when working with Icon Financial Valuation or Volatility modules.
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Icon Financial Fund Mutual Fund Price To Sales Analysis
Icon Financial's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Icon Financial Price To Sales | 2.02 X |
Most of Icon Financial's fundamental indicators, such as Price To Sales, 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, Icon Financial Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Icon Financial Fund has a Price To Sales of 2.02 times. This is much higher than that of the ICON Funds family and significantly higher than that of the Financial category. The price to sales for all United States funds is notably lower than that of the firm.
Icon Financial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Icon Financial's current stock value. Our valuation model uses many indicators to compare Icon Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Icon Financial competition to find correlations between indicators driving Icon Financial's intrinsic value. More Info.Icon Financial Fund is rated second overall fund in price to earning among similar funds. It also is rated second overall fund in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Icon Financial Fund is roughly 11.75 . 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 Icon Financial's earnings, one of the primary drivers of an investment's value.About Icon Financial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Icon Financial income statement, its balance sheet, and the statement of cash flows. Icon Financial investors use historical funamental indicators, such as Icon Financial's revenue or net income, to determine how well the company is positioned to perform in the future. Although Icon Financial investors may use each financial statement separately, they are all related. The changes in Icon Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Icon Financial'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. We offer a historical overview of the basic patterns found on Icon Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Icon Financial. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the Consumer Discretionary, Consumer Staples and Financial sectors. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization. It is non-diversified.
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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.Other Information on Investing in Icon Mutual Fund
Icon Financial financial ratios help investors to determine whether Icon Mutual 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 Icon with respect to the benefits of owning Icon Financial security.
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