Tectonic Metals Stock Price To Earning
TECT Stock | CAD 0.05 0.01 11.11% |
Tectonic Metals fundamentals help investors to digest information that contributes to Tectonic Metals' financial success or failures. It also enables traders to predict the movement of Tectonic Stock. The fundamental analysis module provides a way to measure Tectonic Metals' 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 Tectonic Metals stock.
Tectonic | Price To Earning |
Tectonic Metals Company Price To Earning Analysis
Tectonic Metals' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Tectonic Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Tectonic Metals is extremely important. It helps to project a fair market value of Tectonic Stock properly, considering its historical fundamentals such as Price To Earning. Since Tectonic Metals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tectonic Metals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tectonic Metals' interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Tectonic Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Tectonic Metals has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The price to earning for all Canada stocks is 100.0% higher than that of the company.
Tectonic Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tectonic Metals from analyzing Tectonic Metals' financial statements. These drivers represent accounts that assess Tectonic Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tectonic Metals' important valuation drivers and their relationship over time.
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Market Cap | 7.7M | 9.4M | 12.7M | 30.2M | 27.2M | 28.5M | |
Enterprise Value | 6.0M | 6.0M | 11.7M | 27.7M | 24.9M | 26.1M |
Tectonic Fundamentals
Return On Equity | -3.28 | ||||
Return On Asset | -1.68 | ||||
Current Valuation | 17.42 M | ||||
Shares Outstanding | 419.85 M | ||||
Shares Owned By Insiders | 9.33 % | ||||
Shares Owned By Institutions | 20.48 % | ||||
Number Of Shares Shorted | 11.61 K | ||||
Price To Book | 9.89 X | ||||
EBITDA | (9.54 M) | ||||
Net Income | (9.6 M) | ||||
Cash And Equivalents | 8.67 M | ||||
Cash Per Share | 0.05 X | ||||
Total Debt | 1.1 M | ||||
Debt To Equity | 0.01 % | ||||
Current Ratio | 8.50 X | ||||
Book Value Per Share | 0.01 X | ||||
Cash Flow From Operations | (9.27 M) | ||||
Short Ratio | 0.03 X | ||||
Earnings Per Share | (0.01) X | ||||
Beta | 0.89 | ||||
Market Capitalization | 18.89 M | ||||
Total Asset | 3.75 M | ||||
Retained Earnings | (38.79 M) | ||||
Working Capital | 2 M | ||||
Net Asset | 3.75 M |
About Tectonic Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tectonic Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tectonic Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tectonic Metals 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.
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Additional Tools for Tectonic Stock Analysis
When running Tectonic Metals' price analysis, check to measure Tectonic Metals' 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 Tectonic Metals is operating at the current time. Most of Tectonic Metals' value examination focuses on studying past and present price action to predict the probability of Tectonic Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Metals' price. Additionally, you may evaluate how the addition of Tectonic Metals to your portfolios can decrease your overall portfolio volatility.