Foremost Lithium Resource Stock Book Value Per Share
| FMSTW Stock | 0.92 0.08 8.00% |
Fundamental analysis of Foremost Lithium allows traders to better anticipate movements in Foremost Lithium's stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Foremost Lithium Resource Company Book Value Per Share Analysis
Foremost Lithium'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 Foremost Lithium Book Value Per Share | 2.39 X |
Most of Foremost Lithium'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, Foremost Lithium Resource is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
In accordance with the recently published financial statements, the book value per share of Foremost Lithium Resource is about 2.39 times. This is 99.52% lower than that of the Chemicals sector and 87.65% lower than that of the Materials industry. The book value per share for all United States stocks is 99.88% higher than that of the company.
Foremost Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Foremost Lithium'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 Foremost Lithium could also be used in its relative valuation, which is a method of valuing Foremost Lithium by comparing valuation metrics of similar companies.Foremost Lithium is currently under evaluation in book value per share category among its peers.
Foremost Fundamentals
| Return On Equity | -0.15 | ||||
| Return On Asset | -0.16 | ||||
| Number Of Shares Shorted | 1.9 K | ||||
| EBITDA | (3.32 M) | ||||
| Net Income | (3.62 M) | ||||
| Total Debt | 521.37 K | ||||
| Book Value Per Share | 2.39 X | ||||
| Cash Flow From Operations | (3.78 M) | ||||
| Beta | 2.28 | ||||
| Total Asset | 27.74 M | ||||
| Retained Earnings | (24.46 M) | ||||
| Working Capital | 2.26 M | ||||
| Net Asset | 27.74 M |
About Foremost Lithium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Foremost Lithium Resource's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Foremost Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Foremost Lithium Resource 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.
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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.Additional Tools for Foremost Stock Analysis
When running Foremost Lithium's price analysis, check to measure Foremost Lithium'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 Foremost Lithium is operating at the current time. Most of Foremost Lithium's value examination focuses on studying past and present price action to predict the probability of Foremost Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foremost Lithium's price. Additionally, you may evaluate how the addition of Foremost Lithium to your portfolios can decrease your overall portfolio volatility.