Tortoise Energy Infrastructure Stock Return On Asset
| TYG Stock | USD 43.70 1.19 2.65% |
Tortoise Energy Infrastructure fundamentals help investors to digest information that contributes to Tortoise Energy's financial success or failures. It also enables traders to predict the movement of Tortoise Stock. The fundamental analysis module provides a way to measure Tortoise Energy'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 Tortoise Energy stock.
The current Return On Assets is estimated to decrease to -0.04. Tortoise | Return On Asset |
Tortoise Energy Infrastructure Company Return On Asset Analysis
Tortoise Energy's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Tortoise Energy Return On Asset | 0.0077 |
Most of Tortoise Energy's fundamental indicators, such as Return On Asset, 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, Tortoise Energy Infrastructure is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tortoise Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Tortoise Energy is extremely important. It helps to project a fair market value of Tortoise Stock properly, considering its historical fundamentals such as Return On Asset. Since Tortoise Energy's 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 Tortoise Energy's 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 Tortoise Energy's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Tortoise Total Assets
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Based on the latest financial disclosure, Tortoise Energy Infrastructure has a Return On Asset of 0.0077. This is 101.64% lower than that of the Capital Markets sector and 99.71% lower than that of the Financials industry. The return on asset for all United States stocks is 105.5% lower than that of the firm.
Tortoise Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tortoise Energy's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tortoise Energy could also be used in its relative valuation, which is a method of valuing Tortoise Energy by comparing valuation metrics of similar companies.Tortoise Energy is currently under evaluation in return on asset category among its peers.
Tortoise Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tortoise Energy from analyzing Tortoise Energy's financial statements. These drivers represent accounts that assess Tortoise Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tortoise Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 262.0M | 325.3M | 397.6M | 302.6M | 348.0M | 330.6M | |
| Enterprise Value | 363.0M | 428.3M | 509.9M | 374.7M | 430.9M | 409.4M |
Tortoise Fundamentals
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.0077 | ||||
| Profit Margin | 7.72 % | ||||
| Operating Margin | 0.50 % | ||||
| Current Valuation | 445.69 M | ||||
| Shares Outstanding | 10.76 M | ||||
| Shares Owned By Insiders | 0.29 % | ||||
| Shares Owned By Institutions | 38.11 % | ||||
| Number Of Shares Shorted | 1.51 K | ||||
| Price To Earning | 3.92 X | ||||
| Price To Book | 1.08 X | ||||
| Price To Sales | 35.73 X | ||||
| Revenue | 15.76 M | ||||
| Gross Profit | 13.12 M | ||||
| EBITDA | (11.65 M) | ||||
| Net Income | (15.62 M) | ||||
| Cash And Equivalents | 15.13 K | ||||
| Total Debt | 72.1 M | ||||
| Debt To Equity | 0.29 % | ||||
| Current Ratio | 0.07 X | ||||
| Book Value Per Share | 40.48 X | ||||
| Cash Flow From Operations | 90.68 M | ||||
| Short Ratio | 0.05 X | ||||
| Earnings Per Share | 9.76 X | ||||
| Target Price | 34.0 | ||||
| Beta | 2.14 | ||||
| Market Capitalization | 486.58 M | ||||
| Total Asset | 492.65 M | ||||
| Retained Earnings | (218.46 M) | ||||
| Annual Yield | 0.10 % | ||||
| Net Asset | 492.65 M | ||||
| Last Dividend Paid | 2.84 |
About Tortoise Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tortoise Energy Infrastructure's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tortoise Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tortoise Energy Infrastructure 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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When determining whether Tortoise Energy Infr is a strong investment it is important to analyze Tortoise Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tortoise Energy's future performance. For an informed investment choice regarding Tortoise Stock, refer to the following important reports:Check out Tortoise Energy Piotroski F Score and Tortoise Energy Altman Z Score analysis. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Asset Management & Custody Banks 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 Tortoise Energy. If investors know Tortoise 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 Tortoise Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.097 | Dividend Share 2.84 | Earnings Share 9.76 | Revenue Per Share 1.265 | Quarterly Revenue Growth (0.25) |
The market value of Tortoise Energy Infr is measured differently than its book value, which is the value of Tortoise that is recorded on the company's balance sheet. Investors also form their own opinion of Tortoise Energy's value that differs from its market value or its book value, called intrinsic value, which is Tortoise Energy'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 Tortoise Energy's market value can be influenced by many factors that don't directly affect Tortoise Energy'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 Tortoise Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise Energy'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.