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Fortune Rise Acquisition (Fortune Rise Acquisition) Price-to-Free-Cash-Flow : N/A (As of Jun. 16, 2024)


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What is Fortune Rise Acquisition Price-to-Free-Cash-Flow?

As of today (2024-06-16), Fortune Rise Acquisition's share price is $11.50. Fortune Rise Acquisition's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00. Hence, Fortune Rise Acquisition's Price-to-Free-Cash-Flow Ratio for today is N/A.

The historical rank and industry rank for Fortune Rise Acquisition's Price-to-Free-Cash-Flow or its related term are showing as below:

FRLAU's Price-to-Free-Cash-Flow is not ranked *
in the Diversified Financial Services industry.
Industry Median: 36.98
* Ranked among companies with meaningful Price-to-Free-Cash-Flow only.

Fortune Rise Acquisition's Free Cash Flow per Share for the three months ended in Mar. 2024 was $0.00. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $0.00.


Fortune Rise Acquisition Price-to-Free-Cash-Flow Historical Data

The historical data trend for Fortune Rise Acquisition's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fortune Rise Acquisition Price-to-Free-Cash-Flow Chart

Fortune Rise Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
- - -

Fortune Rise Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Fortune Rise Acquisition's Price-to-Free-Cash-Flow

For the Shell Companies subindustry, Fortune Rise Acquisition's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fortune Rise Acquisition's Price-to-Free-Cash-Flow Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fortune Rise Acquisition's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Fortune Rise Acquisition's Price-to-Free-Cash-Flow falls into.



Fortune Rise Acquisition Price-to-Free-Cash-Flow Calculation

Fortune Rise Acquisition's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=11.50/
=N/A

Fortune Rise Acquisition's Share Price of today is $11.50.
Fortune Rise Acquisition's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Fortune Rise Acquisition  (NAS:FRLAU) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Fortune Rise Acquisition Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Fortune Rise Acquisition's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortune Rise Acquisition (Fortune Rise Acquisition) Business Description

Traded in Other Exchanges
Address
13575 58th Street North, Suite 200, Clearwater, FL, USA, 33760
Website
Fortune Rise Acquisition Corp is a blank check company.

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