Tucows Return On Asset vs. Price To Earning

TCX Stock  USD 18.39  0.30  1.66%   
Based on Tucows' profitability indicators, Tucows Inc may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess Tucows' ability to earn profits and add value for shareholders. At this time, Tucows' Days Sales Outstanding is fairly stable compared to the past year. Days Of Sales Outstanding is likely to rise to 35.83 in 2024, whereas Price To Sales Ratio is likely to drop 0.82 in 2024. At this time, Tucows' Accumulated Other Comprehensive Income is fairly stable compared to the past year. Non Operating Income Net Other is likely to rise to about 22.1 M in 2024, despite the fact that Operating Income is likely to grow to (60.5 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.360.3208
Moderately Up
Slightly volatile
For Tucows profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tucows to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tucows Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tucows's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tucows Inc over time as well as its relative position and ranking within its peers.
  
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Is Internet Services & Infrastructure 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 Tucows. If investors know Tucows 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 Tucows 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
0.902
Earnings Share
(8.29)
Revenue Per Share
32.552
Quarterly Revenue Growth
0.061
Return On Assets
(0.04)
The market value of Tucows Inc is measured differently than its book value, which is the value of Tucows that is recorded on the company's balance sheet. Investors also form their own opinion of Tucows' value that differs from its market value or its book value, called intrinsic value, which is Tucows' 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 Tucows' market value can be influenced by many factors that don't directly affect Tucows' 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 Tucows' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tucows is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tucows' 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.

Tucows Inc Price To Earning vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Tucows's current stock value. Our valuation model uses many indicators to compare Tucows value to that of its competitors to determine the firm's financial worth.
Tucows Inc is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in price to earning 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 Tucows' earnings, one of the primary drivers of an investment's value.

Tucows Price To Earning vs. Return On Asset

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.

Tucows

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.039
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.
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.

Tucows

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
56.85 X
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.

Tucows Price To Earning Comparison

Tucows is currently under evaluation in price to earning category among its peers.

Tucows Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Tucows, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tucows will eventually generate negative long term returns. The profitability progress is the general direction of Tucows' change in net profit over the period of time. It can combine multiple indicators of Tucows, 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income1.7 M1.8 M
Operating Income-63.7 M-60.5 M
Income Before Tax-103.1 M-108.2 M
Total Other Income Expense Net-39.4 M-37.4 M
Net Loss-96.2 M-91.4 M
Income Tax Expense-6.9 M-6.5 M
Net Loss-31.7 M-30.1 M
Net Loss-86.3 M-82 M
Non Operating Income Net Other21.1 M22.1 M
Interest Income5.5 M2.8 M
Net Interest Income-35 M-33.3 M
Change To Netincome679.6 K713.6 K
Net Loss(8.85)(8.41)
Income Quality 0.05  0.05 
Net Income Per E B T 0.93  0.91 

Tucows Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Tucows. 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 Tucows 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 Tucows' important profitability drivers and their relationship over time.

Use Tucows 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 Tucows 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 Tucows will appreciate offsetting losses from the drop in the long position's value.

Tucows Pair Trading

Tucows Inc Pair Trading Analysis

The ability to find closely correlated positions to Tucows could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tucows 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 Tucows - 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 Tucows Inc to buy it.
The correlation of Tucows 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 Tucows moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tucows Inc 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 Tucows 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Tucows position

In addition to having Tucows 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.

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Obamacare
Obamacare Theme
Health care services and providers including hospitals, clinics and nursing homes that hope to benefit from Obamacare program. The Obamacare theme has 37 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 Obamacare Theme or any other thematic opportunities.
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Additional Tools for Tucows Stock Analysis

When running Tucows' price analysis, check to measure Tucows' 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 Tucows is operating at the current time. Most of Tucows' value examination focuses on studying past and present price action to predict the probability of Tucows' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tucows' price. Additionally, you may evaluate how the addition of Tucows to your portfolios can decrease your overall portfolio volatility.