Tattooed Chef Return On Equity vs. Price To Book

Considering the key profitability indicators obtained from Tattooed Chef's historical financial statements, Tattooed Chef may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Tattooed Chef's ability to earn profits and add value for shareholders.
For Tattooed Chef profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tattooed Chef to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tattooed Chef utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tattooed Chef's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tattooed Chef over time as well as its relative position and ranking within its peers.
  
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 main economic indicators.
Please note, there is a significant difference between Tattooed Chef's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tattooed Chef is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tattooed Chef'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.

Tattooed Chef Price To Book vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Tattooed Chef's current stock value. Our valuation model uses many indicators to compare Tattooed Chef value to that of its competitors to determine the firm's financial worth.
Tattooed Chef is rated below average in return on equity category among its peers. It also is rated below average in price to book category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Tattooed Chef 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.

Tattooed Price To Book vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Tattooed Chef

Return On Equity

 = 

Net Income

Total Equity

 = 
-1.04
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Tattooed Chef

P/B

 = 

MV Per Share

BV Per Share

 = 
0.72 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Tattooed Price To Book Comparison

Tattooed Chef is currently under evaluation in price to book category among its peers.

Tattooed Chef Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Tattooed Chef, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tattooed Chef will eventually generate negative long term returns. The profitability progress is the general direction of Tattooed Chef's change in net profit over the period of time. It can combine multiple indicators of Tattooed Chef, 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.
Tattooed Chef, Inc., a plant-based food company, produces and sells a portfolio of frozen foods. Tattooed Chef, Inc. is headquartered in Paramount, California. Tattooed Chef operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 800 people.

Tattooed Profitability Driver Comparison

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

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Tattooed Chef without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Tattooed Chef position

In addition to having Tattooed Chef 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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Shipping Containers
Shipping Containers Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 16 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 Shipping Containers 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 main economic indicators.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Other Consideration for investing in Tattooed Stock

If you are still planning to invest in Tattooed Chef 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 Tattooed Chef's history and understand the potential risks before investing.
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