Triple Flag Shares Outstanding vs. Price To Sales

TFPM Stock  USD 16.74  0.08  0.48%   
Considering the key profitability indicators obtained from Triple Flag's historical financial statements, Triple Flag Precious is yielding more profit at the present time then in previous quarter. It has a moderate likelihood of reporting better profitability numbers in January. Profitability indicators assess Triple Flag's ability to earn profits and add value for shareholders. At this time, Triple Flag's Price To Sales Ratio is very stable compared to the past year. As of the 5th of December 2024, Days Sales Outstanding is likely to grow to 51.33, while Sales General And Administrative To Revenue is likely to drop 0.08. At this time, Triple Flag's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 5th of December 2024, Interest Income is likely to grow to about 3.4 M, while Operating Income is likely to drop about 31.1 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.370.5003
Way Down
Slightly volatile
For Triple Flag profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Triple Flag to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Triple Flag Precious utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Triple Flag's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Triple Flag Precious over time as well as its relative position and ranking within its peers.
  
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Is Metals & Mining 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 Triple Flag. If investors know Triple 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 Triple Flag 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
0.005
Dividend Share
0.213
Earnings Share
(0.27)
Revenue Per Share
1.224
Quarterly Revenue Growth
0.491
The market value of Triple Flag Precious is measured differently than its book value, which is the value of Triple that is recorded on the company's balance sheet. Investors also form their own opinion of Triple Flag's value that differs from its market value or its book value, called intrinsic value, which is Triple Flag'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 Triple Flag's market value can be influenced by many factors that don't directly affect Triple Flag'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 Triple Flag's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triple Flag is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triple Flag'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.

Triple Flag Precious Price To Sales vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Triple Flag's current stock value. Our valuation model uses many indicators to compare Triple Flag value to that of its competitors to determine the firm's financial worth.
Triple Flag Precious is rated fifth in shares outstanding category among its peers. It is rated third in price to sales category among its peers . The ratio of Shares Outstanding to Price To Sales for Triple Flag Precious is about  14,656,174 . At this time, Triple Flag's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Triple Flag 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.

Triple Price To Sales vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Triple Flag

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
201.43 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Triple Flag

P/S

 = 

MV Per Share

Revenue Per Share

 = 
13.74 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Triple Price To Sales Comparison

Triple Flag is currently under evaluation in price to sales category among its peers.

Triple Flag Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Triple Flag, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Triple Flag will eventually generate negative long term returns. The profitability progress is the general direction of Triple Flag's change in net profit over the period of time. It can combine multiple indicators of Triple Flag, 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 Income14.7 M15.4 M
Net Interest Income-3.3 M-3.5 M
Interest Income3.2 M3.4 M
Operating Income52.1 M31.1 M
Net Income From Continuing Ops42 M28.5 M
Income Before Tax36.4 M32.1 M
Total Other Income Expense Net-15.7 M-14.9 M
Net Income Applicable To Common Shares63.3 M66.5 M
Net Income36.3 M25.1 M
Income Tax Expense107 K101.7 K
Change To Netincome11.1 M11.6 M
Net Income Per Share 0.18  0.19 
Income Quality 4.25  4.46 
Net Income Per E B T 1.00  0.68 

Triple Profitability Driver Comparison

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

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

Triple Flag Pair Trading

Triple Flag Precious Pair Trading Analysis

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

In addition to having Triple Flag 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 Developed Markets Basket ETFs Thematic Idea Now

Developed Markets Basket ETFs
Developed Markets Basket ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Developed Markets Basket ETFs theme has 24 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 Developed Markets Basket ETFs Theme or any other thematic opportunities.
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When determining whether Triple Flag Precious is a strong investment it is important to analyze Triple Flag'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 Triple Flag's future performance. For an informed investment choice regarding Triple Stock, refer to the following important reports:
Check out World Market Map.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
To fully project Triple Flag's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Triple Flag Precious at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Triple Flag's income statement, its balance sheet, and the statement of cash flows.
Potential Triple Flag investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Triple Flag investors may work on each financial statement separately, they are all related. The changes in Triple Flag's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Triple Flag's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.