ARCA:FVL

Stock Analysis Report

First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund

Executive Summary

First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund is an exchange traded fund launched and managed by First Trust Advisors L.P.


Snowflake Analysis

Share Price & News

How has First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FVL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.8%

FVL

-1.5%

US Capital Markets

-1.1%

US Market


1 Year Return

13.6%

FVL

15.4%

US Capital Markets

17.8%

US Market

Return vs Industry: FVL underperformed the US Capital Markets industry which returned 15.4% over the past year.

Return vs Market: FVL underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

FVLIndustryMarket
7 Day-0.8%-1.5%-1.1%
30 Day0.8%1.0%1.5%
90 Day4.4%3.9%6.6%
1 Year14.6%13.6%17.6%15.4%20.2%17.8%
3 Year7.6%5.1%37.5%29.8%47.5%38.1%
5 Year13.1%9.5%78.9%62.4%71.2%52.4%

Price Volatility Vs. Market

How volatile is First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund undervalued compared to its fair value and its price relative to the market?

1.06x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: FVL ($23.57) is trading above our estimate of fair value ($11.06)

Significantly Below Fair Value: FVL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FVL is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: FVL is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FVL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FVL is good value based on its PB Ratio (1.1x) compared to the US Capital Markets industry average (6.6x).

Future Growth

How is First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.7%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund performed over the past 5 years?

-47.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FVL is currently unprofitable.

Growing Profit Margin: FVL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FVL is unprofitable, and losses have increased over the past 5 years at a rate of -47.7% per year.

Accelerating Growth: Unable to compare FVL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FVL is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).


Return on Equity

High ROE: FVL has a negative Return on Equity (-3.99%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed

Financial Health

How is First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: FVL has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if FVL's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: FVL has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if FVL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Financial Institutions Analysis

Asset Level: FVL's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if FVL has a sufficient allowance for bad loans.

Low Risk Liabilities: FVL reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if FVL has an acceptable proportion of non-loan assets held.

Low Risk Deposits: FVL has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if FVL has an appropriate level of bad loans.

Dividend

What is First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund's current dividend yield, its reliability and sustainability?

0.83%

Current Dividend Yield


Dividend Yield vs Market

company0.8%marketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: FVL's dividend (0.83%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: FVL's dividend (0.83%) is low compared to the top 25% of dividend payers in the US market (3.73%).


Stability and Growth of Payments

Stable Dividend: FVL is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: FVL is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: FVL is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FVL's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?

16.6yrs

Average management tenure


CEO

First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Roger Testin
Portfolio Manager & Member of Investment Committee17.1yrsno datano data
David McGarel
Portfolio Manager & Member of Investment Committee17.1yrsno datano data
Jon Erickson
Portfolio Manager & Member of Investment Committee17.1yrsno datano data
Daniel Lindquist
Chairman of Investment Committee & Portfolio Manager16.1yrsno datano data
Stan Ueland
Portfolio Manager & Member of Investment Committee14.1yrsno datano data
Chris Peterson
Portfolio Manager & Member of Investment Committee4.1yrsno datano data

16.6yrs

Average Tenure

49yo

Average Age

Experienced Management: FVL's management team is seasoned and experienced (16.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund
  • 120 East Liberty Drive
  • Suite 400
  • Wheaton
  • Illinois
  • 60187
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FVLARCA (NYSE Arca)YesCommon SharesUSUSDJun 2003

Biography

First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies across diversified market capitalization. It seeks to track the performance of the Value Line 100 Index, by using full replication technique. First Trust Exchange-Traded Fund - First Trust Value Line 100 Exchange-Traded Fund was formed on April 18, 2003 and is domiciled in the United States. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 02:37
End of Day Share Price2020/02/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.