Tredegar Good Will from 2010 to 2025

TG Stock  USD 7.90  0.07  0.88%   
Tredegar's Good Will is decreasing over the last several years with slightly volatile swings. Good Will is predicted to flatten to about 39 M. Good Will is an intangible asset that arises when Tredegar acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
1994-03-31
Previous Quarter
35.7 M
Current Value
35.7 M
Quarterly Volatility
58.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tredegar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tredegar's main balance sheet or income statement drivers, such as Interest Expense of 11 M, Total Revenue of 848.2 M or Gross Profit of 154.8 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0476 or PTB Ratio of 1.33. Tredegar financial statements analysis is a perfect complement when working with Tredegar Valuation or Volatility modules.
  
Check out the analysis of Tredegar Correlation against competitors.
For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.

Latest Tredegar's Good Will Growth Pattern

Below is the plot of the Good Will of Tredegar over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Tredegar's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tredegar's overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Tredegar Good Will Regression Statistics

Arithmetic Mean97,846,836
Geometric Mean83,848,680
Coefficient Of Variation53.50
Mean Deviation45,284,644
Median81,404,000
Standard Deviation52,343,465
Sample Variance2739.8T
Range146.4M
R-Value(0.68)
Mean Square Error1598T
R-Squared0.46
Significance0
Slope(7,421,395)
Total Sum of Squares41097.6T

Tredegar Good Will History

202539 M
202441.1 M
202335.7 M
202170.6 M
202067.7 M
201881.4 M
2017128.2 M

About Tredegar Financial Statements

Tredegar stakeholders use historical fundamental indicators, such as Tredegar's Good Will, to determine how well the company is positioned to perform in the future. Although Tredegar investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tredegar's assets and liabilities are reflected in the revenues and expenses on Tredegar's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tredegar. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will41.1 M39 M

Currently Active Assets on Macroaxis

Check out the analysis of Tredegar Correlation against competitors.
For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Commodity Chemicals 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 Tredegar. If investors know Tredegar 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 Tredegar 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
(0.83)
Earnings Share
(0.80)
Revenue Per Share
20.887
Quarterly Revenue Growth
0.095
Return On Assets
0.0281
The market value of Tredegar is measured differently than its book value, which is the value of Tredegar that is recorded on the company's balance sheet. Investors also form their own opinion of Tredegar's value that differs from its market value or its book value, called intrinsic value, which is Tredegar'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 Tredegar's market value can be influenced by many factors that don't directly affect Tredegar'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 Tredegar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tredegar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tredegar'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.