Quant Signals in Review For First Vanadium Corp. (TSXV:FVAN)
Date: Dec 18, 2018
The Price to Cash Flow for First Vanadium Corp. (TSXV:FVAN) is -25.940014. The price to cash flow formula is a useful tool investors can use in order to determine the value of a company. Generally, a higher P/CF ratio indicates that the company is less capital demanding and the lesser price to cash flow indicates that the company is more capital demanding.
Formula: Price to Cash Flow = Current Stock Price/ Cash Flow per Share
This ratio is calculated by dividing the market value of a company by cash from operating activities. Additionally, the price to earnings ratio is another popular way for analysts and investors to determine a company’s profitability. The price to earnings ratio for First Vanadium Corp. (TSXV:FVAN) is -16.159944. This ratio is found by taking the current share price and dividing by earnings per share.
Further, Price to Book ratio for First Vanadium Corp. TSXV:FVAN is 7.413795. A lower price to book ratio indicates that the stock might be undervalued.
Making ones way through the equity markets can be highly challenging. Investors might be reviewing strategies to see what has worked and what hasn’t worked in the past. After studying the broader economic factors that impact equity markets, it may be time to focus in on specific stocks to add to the portfolio. Investors may examine different sectors first in order to figure out where the majority of the growth potential lies. Doing all the necessary research on sectors can help pinpoint where the next major trend will be forming. This study may not lead to exact findings, but it may provide a better framework with which to operate moving forward in the stock market. Finding those big winners can take a lot of time and effort. Digging through the numbers may be cumbersome at times, but the rewards for sticking with it and putting in the work may pay off greatly down the line. Staying on top of economic news and the fundamentals of stocks in the portfolio on a consistent basis can help the investor better traverse the often rocky terrain that is the stock market.
In taking a look at some additional key numbers, First Vanadium Corp. (TSXV:FVAN) has a current ERP5 Rank of 16649. The ERP5 Rank may assist investors with spotting companies that are undervalued. This ranking uses four ratios. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC. When looking at the ERP5 ranking, it is generally considered the lower the value, the better.
The Gross Margin Score is calculated by looking at the Gross Margin and the overall stability of the company over the course of 8 years. The score is a number between one and one hundred (1 being best and 100 being the worst). The Gross Margin Score of First Vanadium Corp. (TSXV:FVAN) is 69. The more stable the company, the lower the score. If a company is less stable over the course of time, they will have a higher score.
First Vanadium Corp. (TSXV:FVAN) currently has a Montier C-score of -1. This indicator was developed by James Montier in an attempt to identify firms that were fixing the books in order to appear better on paper. The score ranges from zero to six where a 0 would indicate no evidence of book cooking, and a 6 would indicate a high likelihood. A C-score of -1 would indicate that there is not enough information available to calculate the score. Montier used six inputs in the calculation. These inputs included a growing difference between net income and cash flow from operations, increasing receivable days, growing day’s sales of inventory, increasing other current assets, decrease in depreciation relative to gross property plant and equipment, and high total asset growth.
