Toughbuilt Industries Current Valuation vs. EBITDA
Based on Toughbuilt Industries' profitability indicators, Toughbuilt Industries may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in March. Profitability indicators assess Toughbuilt Industries' ability to earn profits and add value for shareholders.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Please note, there is a significant difference between Toughbuilt Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Toughbuilt Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toughbuilt Industries' 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.
For Toughbuilt Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Toughbuilt Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Toughbuilt Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Toughbuilt Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Toughbuilt Industries over time as well as its relative position and ranking within its peers.
Toughbuilt |
Toughbuilt Industries EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Toughbuilt Industries's current stock value. Our valuation model uses many indicators to compare Toughbuilt Industries value to that of its competitors to determine the firm's financial worth. Toughbuilt Industries is currently regarded number one company in current valuation category among its peers. It also is currently regarded as top stock in ebitda category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Toughbuilt Industries by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Toughbuilt Current Valuation vs. Competition
Toughbuilt Industries is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is at this time estimated at about 106.19 Billion. Toughbuilt Industries adds roughly 5.42 Million in current valuation claiming only tiny portion of stocks in Consumer Discretionary industry.
Toughbuilt EBITDA vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Toughbuilt Industries |
| = | 5.42 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Toughbuilt Industries |
| = | (47.5 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Toughbuilt EBITDA Comparison
Toughbuilt Industries is currently under evaluation in ebitda category among its peers.
Toughbuilt Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Toughbuilt Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Toughbuilt Industries will eventually generate negative long term returns. The profitability progress is the general direction of Toughbuilt Industries' change in net profit over the period of time. It can combine multiple indicators of Toughbuilt Industries, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
ToughBuilt Industries, Inc. designs, develops, manufactures, and distributes home improvement and construction products for the building industry in the United States and internationally. ToughBuilt Industries, Inc. was incorporated in 2012 and is based in Lake Forest, California. Toughbuilt Industries operates under Tools Accessories classification in the United States and is traded on NASDAQ Exchange. It employs 185 people.
Toughbuilt Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Toughbuilt Industries. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Toughbuilt Industries position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Toughbuilt Industries' important profitability drivers and their relationship over time.
Use Toughbuilt Industries in pair-trading
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 Toughbuilt Industries 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 Toughbuilt Industries will appreciate offsetting losses from the drop in the long position's value.Toughbuilt Industries Pair Trading
Toughbuilt Industries Pair Trading Analysis
The ability to find closely correlated positions to Becton Dickinson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Becton Dickinson 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 Becton Dickinson - 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 Becton Dickinson and to buy it.
The correlation of Becton Dickinson 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 Becton Dickinson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Becton Dickinson 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 Becton Dickinson 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.Use Investing Themes to Complement your Toughbuilt Industries position
In addition to having Toughbuilt Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Recreation Thematic Idea Now
Recreation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Recreation theme has 33 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recreation Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Toughbuilt Stock
If you are still planning to invest in Toughbuilt Industries check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Toughbuilt Industries' history and understand the potential risks before investing.
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