Top Financial Statements From 2010 to 2024
| TPGVF Stock | USD 0.31 0.01 3.33% |
Check Top Glove financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Top Glove's main balance sheet or income statement drivers, such as , as well as many indicators such as . Top financial statements analysis is a perfect complement when working with Top Glove Valuation or Volatility modules.
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Top Glove Company Return On Equity Analysis
Top Glove's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Top Glove Return On Equity | -0.0115 |
Most of Top Glove's fundamental indicators, such as Return On Equity, 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, Top Glove is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Top Glove has a Return On Equity of -0.0115. This is 99.95% lower than that of the Healthcare sector and 99.81% lower than that of the Medical Instruments & Supplies industry. The return on equity for all United States stocks is 96.29% lower than that of the firm.
Top Glove Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Top Glove's current stock value. Our valuation model uses many indicators to compare Top Glove value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Top Glove competition to find correlations between indicators driving Top Glove's intrinsic value. More Info.Top Glove is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Top Glove's earnings, one of the primary drivers of an investment's value.About Top Glove Financial Statements
Top Glove stakeholders use historical fundamental indicators, such as Top Glove's revenue or net income, to determine how well the company is positioned to perform in the future. Although Top Glove investors may analyze each financial statement separately, they are all interrelated. For example, changes in Top Glove's assets and liabilities are reflected in the revenues and expenses on Top Glove's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Top Glove. Please read more on our technical analysis and fundamental analysis pages.
Top Glove Corporation Bhd., an investment holding company, researches, develops, manufactures, and trades in gloves and rubber goods in Malaysia. Top Glove Corporation Bhd. was founded in 1991 and is headquartered in Shah Alam, Malaysia. Top Glove operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 17700 people.
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Other Information on Investing in Top Pink Sheet
Top Glove financial ratios help investors to determine whether Top Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Top with respect to the benefits of owning Top Glove security.