Twin Financial Statements From 2010 to 2024
| TWIN Stock | USD 12.51 0.12 0.95% |
Check Twin Disc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Twin Disc's main balance sheet or income statement drivers, such as , as well as many indicators such as . Twin financial statements analysis is a perfect complement when working with Twin Disc Valuation or Volatility modules.
Twin |
Twin Disc Incorporated Company Return On Equity Analysis
Twin Disc'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 Twin Disc Return On Equity | 0.0641 |
Most of Twin Disc'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, Twin Disc Incorporated 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, Twin Disc Incorporated has a Return On Equity of 0.0641. This is 85.43% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The return on equity for all United States stocks is 120.68% lower than that of the firm.
Twin Disc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Twin Disc's current stock value. Our valuation model uses many indicators to compare Twin Disc value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Twin Disc competition to find correlations between indicators driving Twin Disc's intrinsic value. More Info.Twin Disc Incorporated is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.40 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Twin Disc Incorporated is roughly 2.49 . 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 Twin Disc's earnings, one of the primary drivers of an investment's value.About Twin Disc Financial Statements
Twin Disc investors utilize fundamental indicators, such as revenue or net income, to predict how Twin Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment in the United States, the Netherlands, China, Australia, Italy, and internationally. The company was incorporated in 1918 and is headquartered in Racine, Wisconsin. Twin Disc operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 761 people.
Pair Trading with Twin Disc
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Twin Disc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Twin Disc will appreciate offsetting losses from the drop in the long position's value.Moving against Twin Stock
The ability to find closely correlated positions to Twin Disc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Twin Disc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Twin Disc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Twin Disc Incorporated to buy it.
The correlation of Twin Disc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Twin Disc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Twin Disc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Twin Disc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Twin Disc Correlation against competitors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Twin Disc. If investors know Twin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Twin Disc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Twin Disc is measured differently than its book value, which is the value of Twin that is recorded on the company's balance sheet. Investors also form their own opinion of Twin Disc's value that differs from its market value or its book value, called intrinsic value, which is Twin Disc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Twin Disc's market value can be influenced by many factors that don't directly affect Twin Disc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Twin Disc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Twin Disc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Twin Disc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.