| By Ellen Johnson | | Macroaxis Story | |
TESSCO Technologies Return on Investment is comparatively stable at the moment as compared to the past year. TESSCO Technologies reported Return on Investment of 6.73 in 2022. Cash Flow Per Share is likely to gain to 1.09 in 2023, whereas Revenue Per Employee is likely to drop slightly above 710.3 K in 2023. While many traders today are more concerned about the preservation of capital over market returns, TESSCO Technologies Incorporated could be one exception. We will analyze why TESSCO Technologies investors may still consider a stake in the business. In this post, I will also go over a few different drivers affecting TESSCO Technologies' products and services, and explain how it may impact TESSCO Technologies private investors.
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We provide advice to complement the current
expert consensus on TESSCO Technologies. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available now.
How important is TESSCO Technologies's Liquidity
TESSCO Technologies
financial leverage refers to using borrowed capital as a funding source to finance TESSCO Technologies Incorporated ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. TESSCO Technologies financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to TESSCO Technologies' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of TESSCO Technologies' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between TESSCO Technologies's total debt and its cash.
Another Deeper Perspective
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The newest return on assets of TESSCO implies not a very effective usage of assets in May.
| 2012 | 2018 | 2022 | 2023 (projected) |
Receivables | 87.86 M | 75.55 M | 93.97 M | 80.48 M | Inventories | 72.32 M | 55.95 M | 71.85 M | 63.06 M |
TESSCO Technologies is estimated to stay under USD9.01 in June
Newest risk adjusted performance is at 0.11.
As of the 29th of May, TESSCO Technologies has the
risk adjusted performance of 0.1078, and Standard Deviation of 10.78. In connection with
fundamental indicators, the
technical analysis model makes it possible for you to check practical technical drivers of TESSCO Technologies, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to interpolate and collect eighteen
technical drivers for TESSCO Technologies Incorporated, which can be compared to its competition. Please validate
TESSCO Technologies treynor ratio and
expected short fall to decide if TESSCO Technologies is priced adequately, providing market reflects its prevalent price of 8.83 per share. Given that TESSCO Technologies has
treynor ratio of 40.04, we advise you to double-check TESSCO Technologies Incorporated's current market performance to make sure the company can sustain itself at some point in the future.
The Bottom Line
Whereas other companies in the communication equipment industry are either recovering or due for a correction, TESSCO may not be as strong as the others in terms of longer-term growth potentials. To summarize, as of the 29th of May 2023, our concluding 90 days advice on the firm is
Hold. We believe TESSCO Technologies is currently
overvalued with
low probability of distress for the next two years.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of TESSCO Technologies Incorporated. Please refer to our
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