Tomra Competitors

Stocks Norway . 
Stock . Tomra Systems ASA
TOM Stock  NOK 156.70  15.10  10.66%   
Tomra Systems ASA competes with Eidesvik Offshore, Kitron ASA, Havila Shipping, Elkem ASA, and Vow ASA; as well as few others. The company operates under Commercial Services & Supplies sector and is part of Industrials industry. Analyzing Tomra Systems competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Tomra Systems to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Tomra Systems Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Tomra Systems competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
154.24156.70159.16
Details
Intrinsic
Valuation
LowRealHigh
127.43129.88172.37
Details
Naive
Forecast
LowNextHigh
148.49150.95153.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
138.33147.23156.14
Details

Tomra Systems Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tomra Systems and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Tomra and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Tomra Systems ASA does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
XXL
+ 0.92
AZT
HAVI
+ 0.84
EIOF
AZT
+ 0.8
HAVI
AZT
+ 0.77
EIOF
VOW
+ 0.77
HAVI
XXL
+ 0.73
EIOF
  
High negative correlations   
XXL
- 0.8
NORTH
AZT
- 0.65
NORTH
EQVA
- 0.64
NORTH
NORTH
- 0.61
EIOF
NORTH
- 0.51
HAVI
EQVA
- 0.29
ELK

Risk-Adjusted Indicators

There is a big difference between Tomra Stock performing well and Tomra Systems Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Tomra Systems' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
EIOF  1.58 (0.45) 0.00 (1.34) 0.00 
 0.00 
 2.61 
(3.40)
 12.70 
KIT  1.19 (0.20) 0.00  9.51  0.00 
 0.00 
 2.29 
(3.11)
 8.18 
HAVI  3.37 (1.11) 0.00 (1.12) 0.00 
 0.00 
 7.57 
(5.88)
 29.98 
ELK  1.66 (0.19) 0.00 (0.37) 0.00 
 0.00 
 3.38 
(3.71)
 12.04 
VOW  5.65 (1.64) 0.00 (2.88) 0.00 
 0.00 
 7.78 
(15.59)
 66.61 
NORTH  1.20  0.00 (0.05) 0.11  1.57 
(1.44)
 2.77 
(3.57)
 7.51 
AZT  1.99 (0.54) 0.00  0.71  0.00 
 0.00 
 4.29 
(4.71)
 25.36 
EQVA  2.91  0.11  0.00  0.06  0.00 
 0.00 
 6.03 
(4.71)
 26.86 
XXL  4.29 (1.96) 0.00  0.72  0.00 
 0.00 
 5.00 
(8.54)
 72.03 
EQNR  1.36  0.00  0.00  0.13  0.00 
 0.00 
 2.88 
(3.22)
 8.36 
All Fundamental Data

Tomra Systems Competitive Analysis

The better you understand Tomra Systems competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tomra Systems' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Tomra Systems' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
TOM EIOF KIT HAVI ELK VOW NORTH AZT EQVA XXL
 10.66 
 156.70 
Tomra
 0.30 
 13.50 
Eidesvik
 0.39 
 30.28 
Kitron
 0.79 
 2.50 
Havila
 0.16 
 18.25 
Elkem
 14.29 
 1.80 
Vow
 3.57 
 2.70 
North
 0.30 
 13.26 
Arcticzymes
 1.64 
 4.80 
Eqva
 8.63 
 9.32 
XXL
Market Volatility
(90 Days Market Risk)
Very steady
Not too volatile
Very steady
Dangerous
Not too volatile
Extremely Dangerous
Moderately volatile
Somewhat reliable
Relatively risky
Unstable
Market Performance
(90 Days Performance)
Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Insignificant
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Below Average
Low
High
Low
Low
Low
Low
Low
Below Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Under Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Cautious Hold
Strong Buy
Sell
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Current Ratio
3.06
3.21
1.31
1.75
2.14
3.55
49.95
14.94
N/A
1.15
Net Asset
11.59 B
2.75 B
3.31 B
1.96 B
52.78 B
1.11 B
338.99 M
284.11 M
491.88 M
9.02 B
Profit Margin
0.0869
0.35
0.0402
0.3
0.21
0.52
N/A
0.24
N/A
-0.0643
EBITDA
2.39 B
58.65 M
330.79 M
275.82 M
13.48 B
357.9 M
(45.12 M)
62.89 M
(89.73 M)
1.2 B
Operating Margin
0.13
0.051
0.0623
0.11
0.26
0.0716
-143.76
0.27
0.3
-0.0553
Current Valuation
60.9 B
1.52 B
6.87 B
1.6 B
25.67 B
2.36 B
97.1 M
3.42 B
251.73 M
4.56 B
Price To Book
9.22
0.85
3.78
7.65
0.77
3.87
0.77
13.01
0.53
0.34
Five Year Return
1.75
2.13
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Retained Earnings
N/A
1.67 B
N/A
173 M
N/A
N/A
(698 M)
N/A
N/A
526 M
Current Asset
N/A
874 M
959 M
652 M
N/A
N/A
730 M
N/A
N/A
2.26 B
Beta
0.63
0.99
0.89
1.78
1.59
1.37
0.98
1.13
N/A
1.99
Number Of Employees
4.6 K
471
2.79 K
414
7.3 K
232
2
60
157
11
Shares Outstanding
295.24 M
62.15 M
196.96 M
23.78 M
635.52 M
113.84 M
117.25 M
50.57 M
71.71 M
281.47 M
Cash Flow From Operations
1.81 B
177.12 M
126.31 M
126.47 M
9.31 B
18 M
(15.6 M)
74.97 M
340.42 M
905 M
Annual Yield
0.0094
N/A
0.0089
N/A
0.16
N/A
0.16
N/A
N/A
0.16
Total Debt
1.62 B
1.1 B
206.23 M
1.63 B
10.33 B
251.4 M
2.54 M
14.47 M
4.57 M
1.93 B
Return On Equity
0.17
0.52
0.19
0.58
0.4
0.64
-0.038
0.13
-0.17
-0.12
Z Score
19.2
N/A
16.6
-2.4
1.2
5.4
59.0
88.2
31.0
1.0
Return On Asset
0.0731
0.0072
0.0496
0.0237
0.15
0.0255
-0.0351
0.0756
-0.0454
-0.0322
Book Value Per Share
21.42
9.66
7.39
-0.55
45.14
4.56
2.84
5.64
7.22
12.11
Current Liabilities
N/A
471 M
660 M
5.83 B
N/A
N/A
584 M
N/A
N/A
1.2 B
Total Asset
11.59 B
2.75 B
3.31 B
1.96 B
52.78 B
1.11 B
338.99 M
284.11 M
491.88 M
9.02 B
Debt To Equity
69.7
185.7
118.0
N/A
85.6
0.59
1.4
0.08
N/A
139.4
Target Price
201.38
12.0
27.5
0.5
44.4
22.0
1.1
N/A
N/A
5.29
Last Dividend Paid
1.65
N/A
0.25
N/A
6.0
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
83.82
N/A
49.07
1.09
27.78
7.89
0.01
20.32
1.5
53.62
Market Capitalization
53.36 B
745.8 M
5.56 B
496.92 M
24.28 B
2.35 B
263.82 M
2.13 B
229.47 M
985.71 M
Price To Earning
49.08
1.24
15.74
-0.06
6.16
88.42
34.04
45.11
N/A
21.17
Price To Earnings To Growth
6.94
N/A
115.75
N/A
N/A
N/A
N/A
N/A
N/A
1.04
Price To Sales
4.77
0.83
0.93
0.39
0.49
3.07
1838.92
25.59
N/A
0.13
Net Income
1.09 B
(15.75 M)
152.84 M
65.81 M
12.41 B
322.3 M
(27.83 M)
46.38 M
379.66 M
246 M
Earnings Per Share
3.49
3.46
0.88
6.39
16.77
2.95
0.29
0.9
1.14
0.32
Shares Owned By Insiders
0.07
81.18
15.47
71.07
55.4
62.5
61.06
34.44
78.91
14.6
Revenue
10.91 B
569.48 M
3.71 B
515.43 M
45.02 B
454.1 M
178 K
127.97 M
902.89 M
10.01 B
Working Capital
N/A
403 M
299 M
(5.18 B)
N/A
N/A
146 M
N/A
N/A
1.05 B
Cash And Equivalents
631.6 M
330.4 M
428.04 M
67.05 M
9.26 B
303 M
39.99 M
200.42 M
221.73 M
163 M
Cash Per Share
2.14
7.13
0.49
2.82
9.23
2.65
2.15
3.52
N/A
0.87
Gross Profit
6.56 B
296.44 M
1.26 B
189.12 M
23.64 B
171.6 M
178 K
132.48 M
273.23 M
2.72 B
Day Typical Price
154.43
13.48
30.25
2.53
18.33
1.86
2.75
13.32
4.6
9.62
Accumulation Distribution
0.0619
0.0103
0.0293
0.0462
0.0189
0.12
0.0493
0.0222
0.12
0.14
Market Facilitation Index
9.8
0.14
0.9
0.12
0.35
0.25
0.14
0.3
0.6
1.52
Daily Balance Of Power
1.540816
(0.29)
(0.13)
(0.17)
0.0857
(1.20)
(0.71)
(0.13)
(0.13)
(0.58)
Period Momentum Indicator
15.1
(0.04)
(0.12)
(0.02)
0.03
(0.30)
(0.10)
(0.04)
(0.08)
(0.88)
Rate Of Daily Change
1.11
1.0
1.0
0.99
1.0
0.86
0.96
1.0
0.98
0.91
Day Median Price
153.3
13.47
30.23
2.54
18.38
1.88
2.77
13.35
4.5
9.77
Price Action Indicator
10.95
0.01
(0.01)
(0.05)
(0.11)
(0.23)
(0.12)
(0.11)
0.26
(0.89)
Coefficient Of Variation
7472.56
(553.21)
(848.48)
(561.21)
(1,649)
(582.48)
5426.14
(520.18)
(4,268)
(401.60)
Mean Deviation
1.76
1.58
1.19
3.37
1.66
5.65
1.2
1.99
2.91
4.29
Jensen Alpha
0.0359
(0.45)
(0.20)
(1.11)
(0.19)
(1.64)
(0.0009)
(0.54)
0.107
(1.96)
Total Risk Alpha
(0.35)
(0.77)
(0.46)
(1.87)
(0.49)
(2.98)
(0.23)
(1.17)
(0.72)
(3.81)
Sortino Ratio
(0.04)
N/A
N/A
N/A
N/A
N/A
(0.05)
N/A
N/A
N/A
Downside Variance
5.44
N/A
N/A
N/A
N/A
N/A
3.84
N/A
N/A
N/A
Standard Deviation
2.43
2.25
1.65
5.57
2.21
9.09
1.64
3.34
3.98
9.4
Kurtosis
4.55
2.81
1.33
11.52
1.03
6.45
0.6021
13.85
2.91
32.72
Potential Upside
3.25
2.61
2.29
7.57
3.38
7.78
2.77
4.29
6.03
5.0
Treynor Ratio
(0.20)
(1.34)
9.51
(1.12)
(0.37)
(2.88)
0.1137
0.7144
0.0583
0.7197
Maximum Drawdown
8.97
12.7
8.18
29.98
12.04
66.61
7.51
25.36
26.86
72.03
Variance
5.91
5.06
2.72
31.0
4.88
82.71
2.69
11.17
15.87
88.34
Market Risk Adjusted Performance
(0.19)
(1.33)
9.52
(1.11)
(0.36)
(2.87)
0.1237
0.7244
0.0683
0.7297
Risk Adjusted Performance
0.0171
(0.13)
(0.08)
(0.13)
(0.04)
(0.12)
0.0194
(0.14)
(0.01)
(0.18)
Skewness
1.06
0.3573
(0.21)
(1.27)
(0.05)
0.1646
(0.33)
(2.45)
(0.38)
(5.24)
Semi Deviation
2.28
N/A
N/A
N/A
N/A
N/A
1.57
N/A
N/A
N/A
Information Ratio
(0.04)
(0.24)
(0.20)
(0.20)
(0.12)
(0.19)
(0.06)
(0.23)
(0.06)
(0.26)
Value At Risk
(3.49)
(3.40)
(3.11)
(5.88)
(3.71)
(15.59)
(3.57)
(4.71)
(4.71)
(8.54)
Expected Short fall
(1.69)
N/A
N/A
N/A
N/A
N/A
(1.44)
N/A
N/A
N/A
Downside Deviation
2.33
N/A
N/A
N/A
N/A
N/A
1.96
N/A
N/A
N/A
Semi Variance
5.22
N/A
N/A
N/A
N/A
N/A
2.46
N/A
N/A
N/A

Tomra Systems Competition Performance Charts

Five steps to successful analysis of Tomra Systems Competition

Tomra Systems' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Tomra Systems ASA in relation to its competition. Tomra Systems' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Tomra Systems in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Tomra Systems' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Tomra Systems ASA, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Tomra Systems position

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Electrical Equipment
Electrical Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electrical Equipment theme has 61 constituents at this time.
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Other Information on Investing in Tomra Stock

Tomra Systems financial ratios help investors to determine whether Tomra Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tomra with respect to the benefits of owning Tomra Systems security.
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