Trident Digital Tech Stock Fundamentals
| TDTH Stock | 0.98 0.06 6.52% |
Trident Digital Tech fundamentals help investors to digest information that contributes to Trident Digital's financial success or failures. It also enables traders to predict the movement of Trident Stock. The fundamental analysis module provides a way to measure Trident Digital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Trident Digital stock.
As of now, Trident Digital's Total Operating Expenses is increasing as compared to previous years. The Trident Digital's current Reconciled Depreciation is estimated to increase to about 499.8 K, while Net Interest Income is forecasted to increase to (39.9 K). Trident | Select Account or Indicator |
Trident Digital Tech Company Return On Equity Analysis
Trident Digital'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 Trident Digital Return On Equity | -8.62 |
Most of Trident Digital'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, Trident Digital Tech 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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Trident Total Stockholder Equity
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Based on the latest financial disclosure, Trident Digital Tech has a Return On Equity of -8.6186. This is much lower than that of the IT Services sector and significantly lower than that of the Information Technology industry. The return on equity for all United States stocks is notably higher than that of the company.
Trident Digital Tech Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Trident Digital's current stock value. Our valuation model uses many indicators to compare Trident Digital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Trident Digital competition to find correlations between indicators driving Trident Digital's intrinsic value. More Info.Trident Digital Tech is currently regarded as top stock in return on equity category among its peers. It is rated third 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 Trident Digital's earnings, one of the primary drivers of an investment's value.Trident Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Trident Digital's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Trident Digital could also be used in its relative valuation, which is a method of valuing Trident Digital by comparing valuation metrics of similar companies.Trident Digital is currently under evaluation in return on equity category among its peers.
Trident Fundamentals
| Return On Equity | -8.62 | ||||
| Return On Asset | -0.5 | ||||
| Operating Margin | (5.14) % | ||||
| Current Valuation | 64.55 M | ||||
| Shares Outstanding | 58.3 M | ||||
| Shares Owned By Institutions | 0.03 % | ||||
| Number Of Shares Shorted | 178.13 K | ||||
| Price To Book | 139.90 X | ||||
| Price To Sales | 45.81 X | ||||
| Revenue | 1.38 M | ||||
| Gross Profit | 193.05 K | ||||
| EBITDA | (4.75 M) | ||||
| Total Debt | 73.81 K | ||||
| Book Value Per Share | 0.01 X | ||||
| Short Ratio | 0.12 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Number Of Employees | 50 | ||||
| Market Capitalization | 63.25 M | ||||
| Total Asset | 5.83 M | ||||
| Retained Earnings | (6.18 M) | ||||
| Working Capital | 1.98 M | ||||
| Net Asset | 5.83 M |
About Trident Digital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Trident Digital Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trident Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trident Digital Tech based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Total Revenue | 1.7 M | 1.2 M | |
| Cost Of Revenue | 1.4 M | 980.6 K |
Currently Active Assets on Macroaxis
When determining whether Trident Digital Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trident Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trident Digital Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trident Digital Tech Stock:Check out Trident Digital Piotroski F Score and Trident Digital Altman Z Score analysis. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is IT Consulting & Other Services 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 Trident Digital. If investors know Trident 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 Trident Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.08) | Revenue Per Share 0.022 | Quarterly Revenue Growth (0.21) | Return On Assets (0.51) | Return On Equity |
The market value of Trident Digital Tech is measured differently than its book value, which is the value of Trident that is recorded on the company's balance sheet. Investors also form their own opinion of Trident Digital's value that differs from its market value or its book value, called intrinsic value, which is Trident Digital'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 Trident Digital's market value can be influenced by many factors that don't directly affect Trident Digital'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 Trident Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trident Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trident Digital'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.