Future Fintech Group Stock Book Value Per Share
| FTFT Stock | USD 0.83 0.02 2.47% |
Future Fintech Group fundamentals help investors to digest information that contributes to Future Fintech's financial success or failures. It also enables traders to predict the movement of Future Stock. The fundamental analysis module provides a way to measure Future Fintech'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 Future Fintech stock.
| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.98 | 3.13 | |
| Tangible Book Value Per Share | 2.84 | 2.98 |
Future | Book Value Per Share |
Future Fintech Group Company Book Value Per Share Analysis
Future Fintech's 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.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Future Fintech Book Value Per Share | 2.16 X |
Most of Future Fintech's fundamental indicators, such as Book Value Per Share, 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, Future Fintech Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Future Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Future Fintech is extremely important. It helps to project a fair market value of Future Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Future Fintech's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Future Fintech's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Future Fintech's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
| Competition |
Future Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, the book value per share of Future Fintech Group is about 2.161 times. This is 94.73% lower than that of the Food Products sector and significantly higher than that of the Consumer Staples industry. The book value per share for all United States stocks is 99.89% higher than that of the company.
Future Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Future Fintech's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Future Fintech could also be used in its relative valuation, which is a method of valuing Future Fintech by comparing valuation metrics of similar companies.Future Fintech is currently under evaluation in book value per share category among related companies.
Future Fintech Current Valuation Drivers
We derive many important indicators used in calculating different scores of Future Fintech from analyzing Future Fintech's financial statements. These drivers represent accounts that assess Future Fintech's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Future Fintech's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 65.6M | 72.0M | 87.0M | 26.6M | 27.0M | 25.6M | |
| Enterprise Value | 103.6M | 72.4M | 38.1M | 5.1M | 10.4M | 9.8M |
Future Fundamentals
| Return On Equity | -0.69 | |||
| Return On Asset | -0.0885 | |||
| Profit Margin | (0.95) % | |||
| Operating Margin | (0.49) % | |||
| Current Valuation | 2 M | |||
| Shares Outstanding | 19.99 M | |||
| Shares Owned By Insiders | 24.00 % | |||
| Shares Owned By Institutions | 0.26 % | |||
| Number Of Shares Shorted | 336.57 K | |||
| Price To Earning | 0.14 X | |||
| Price To Book | 0.29 X | |||
| Price To Sales | 0.54 X | |||
| Revenue | 34.87 M | |||
| Gross Profit | 5.4 M | |||
| EBITDA | (9.93 M) | |||
| Net Income | (34.04 M) | |||
| Cash And Equivalents | 43.29 M | |||
| Cash Per Share | 0.59 X | |||
| Total Debt | 2.4 M | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 9.53 X | |||
| Book Value Per Share | 2.16 X | |||
| Cash Flow From Operations | (16.65 M) | |||
| Short Ratio | 8.74 X | |||
| Earnings Per Share | (2.37) X | |||
| Target Price | 4.0 | |||
| Number Of Employees | 66 | |||
| Beta | 0.93 | |||
| Market Capitalization | 16.2 M | |||
| Total Asset | 60.94 M | |||
| Retained Earnings | (185.93 M) | |||
| Working Capital | 36.76 M | |||
| Current Asset | 59.98 M | |||
| Current Liabilities | 34.02 M | |||
| Net Asset | 60.94 M |
About Future Fintech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Future Fintech Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Future Fintech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Future Fintech Group 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.
Pair Trading with Future Fintech
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 Future Fintech 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 Future Fintech will appreciate offsetting losses from the drop in the long position's value.Moving together with Future Stock
| 0.79 | LW | Lamb Weston Holdings Financial Report 23rd of July 2024 | PairCorr |
Moving against Future Stock
| 0.81 | VITL | Vital FarmsInc | PairCorr |
| 0.78 | BG | Bunge Limited | PairCorr |
| 0.76 | K | Kellanova | PairCorr |
| 0.73 | DOLE | Dole PLC | PairCorr |
| 0.65 | PM | Philip Morris Intern | PairCorr |
The ability to find closely correlated positions to Future Fintech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Future Fintech 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 Future Fintech - 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 Future Fintech Group to buy it.
The correlation of Future Fintech 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 Future Fintech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Future Fintech Group 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 Future Fintech 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 Future Fintech Piotroski F Score and Future Fintech Altman Z Score analysis. Note that the Future Fintech Group information on this page should be used as a complementary analysis to other Future Fintech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Future Stock analysis
When running Future Fintech's price analysis, check to measure Future Fintech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Future Fintech is operating at the current time. Most of Future Fintech's value examination focuses on studying past and present price action to predict the probability of Future Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Future Fintech's price. Additionally, you may evaluate how the addition of Future Fintech to your portfolios can decrease your overall portfolio volatility.
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Is Future Fintech's industry 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 Future Fintech. If investors know Future 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 Future Fintech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.37) | Revenue Per Share 2.282 | Quarterly Revenue Growth 0.509 | Return On Assets (0.09) | Return On Equity (0.69) |
The market value of Future Fintech Group is measured differently than its book value, which is the value of Future that is recorded on the company's balance sheet. Investors also form their own opinion of Future Fintech's value that differs from its market value or its book value, called intrinsic value, which is Future Fintech'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 Future Fintech's market value can be influenced by many factors that don't directly affect Future Fintech'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 Future Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Future Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Future Fintech'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.