Techtronic Financial Statements From 2010 to 2024
| TTNDY Stock | USD 71.26 3.46 5.10% |
Check Techtronic Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Techtronic Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Techtronic financial statements analysis is a perfect complement when working with Techtronic Industries Valuation or Volatility modules.
Techtronic |
Techtronic Industries Ltd Company Return On Equity Analysis
Techtronic Industries' 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 Techtronic Industries Return On Equity | 0.25 |
Most of Techtronic Industries' 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, Techtronic Industries Ltd 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.
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Based on the latest financial disclosure, Techtronic Industries Ltd has a Return On Equity of 0.2477. This is 43.7% lower than that of the Industrials sector and 97.41% lower than that of the Tools & Accessories industry. The return on equity for all United States stocks is 179.9% lower than that of the firm.
Techtronic Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Techtronic Industries's current stock value. Our valuation model uses many indicators to compare Techtronic Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Techtronic Industries competition to find correlations between indicators driving Techtronic Industries's intrinsic value. More Info.Techtronic Industries Ltd is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.24 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Techtronic Industries Ltd is roughly 4.12 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Techtronic Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Techtronic Industries' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Techtronic Industries Financial Statements
Techtronic Industries investors use historical fundamental indicators, such as Techtronic Industries' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Techtronic Industries. Please read more on our technical analysis and fundamental analysis pages.
Techtronic Industries Company Limited engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floorcare and cleaning products worldwide. The company was founded in 1985 and is based in Kwai Chung, Hong Kong. Techtronic Industries operates under Tools Accessories classification in the United States and is traded on OTC Exchange. It employs 47568 people.
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When running Techtronic Industries' price analysis, check to measure Techtronic Industries' 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 Techtronic Industries is operating at the current time. Most of Techtronic Industries' value examination focuses on studying past and present price action to predict the probability of Techtronic Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Techtronic Industries' price. Additionally, you may evaluate how the addition of Techtronic Industries to your portfolios can decrease your overall portfolio volatility.