TESSCO Financial Statements From 2010 to 2024
| TESSDelisted Stock | USD 8.99 0.00 0.00% |
Check TESSCO Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TESSCO Technologies' main balance sheet or income statement drivers, such as , as well as many indicators such as . TESSCO financial statements analysis is a perfect complement when working with TESSCO Technologies Valuation or Volatility modules.
TESSCO |
TESSCO Technologies Incorporated Company Return On Equity Analysis
TESSCO Technologies' 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.
Current TESSCO Technologies Return On Equity | -0.0583 |
Most of TESSCO Technologies' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TESSCO Technologies Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, TESSCO Technologies Incorporated has a Return On Equity of -0.0583. This is 99.52% lower than that of the Communications Equipment sector and 98.84% lower than that of the Information Technology industry. The return on equity for all United States stocks is 81.19% lower than that of the firm.
TESSCO Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TESSCO Technologies's current stock value. Our valuation model uses many indicators to compare TESSCO Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TESSCO Technologies competition to find correlations between indicators driving TESSCO Technologies's intrinsic value. More Info.TESSCO Technologies Incorporated is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value TESSCO Technologies 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.About TESSCO Technologies Financial Statements
TESSCO Technologies shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although TESSCO Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in TESSCO Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on TESSCO Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
TESSCO Technologies Incorporated manufactures and distributes technology products and solutions for wireless infrastructure market in the United States and internationally. TESSCO Technologies Incorporated was founded in 1982 and is headquartered in Hunt Valley, Maryland. Tessco Tech operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 530 people.
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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 state. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in TESSCO Stock
If you are still planning to invest in TESSCO Technologies 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 TESSCO Technologies' history and understand the potential risks before investing.
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