TPI Company Equity Multiplier from 2010 to 2024

TPIC Stock  USD 1.97  0.07  3.43%   
TPI Composites' Company Equity Multiplier is decreasing over the years with slightly volatile fluctuation. Overall, Company Equity Multiplier is projected to go to -6.25 this year. During the period from 2010 to 2024 TPI Composites Company Equity Multiplier annual values regression line had coefficient of variation of  172.92 and r-squared of  0.16. View All Fundamentals
 
Company Equity Multiplier  
First Reported
2010-12-31
Previous Quarter
(6.57)
Current Value
(6.25)
Quarterly Volatility
7.85049654
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TPI Composites financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TPI Composites' main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.9 M, Selling General Administrative of 31.1 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0 or Days Sales Outstanding of 54.5. TPI financial statements analysis is a perfect complement when working with TPI Composites Valuation or Volatility modules.
  
Check out the analysis of TPI Composites Correlation against competitors.
For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.

Latest TPI Composites' Company Equity Multiplier Growth Pattern

Below is the plot of the Company Equity Multiplier of TPI Composites over the last few years. It is TPI Composites' Company Equity Multiplier historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TPI Composites' overall financial position and show how it may be relating to other accounts over time.
Company Equity Multiplier10 Years Trend
Slightly volatile
   Company Equity Multiplier   
       Timeline  

TPI Company Equity Multiplier Regression Statistics

Arithmetic Mean4.54
Coefficient Of Variation172.92
Mean Deviation5.93
Median4.02
Standard Deviation7.85
Sample Variance61.63
Range25.6323
R-Value(0.40)
Mean Square Error55.69
R-Squared0.16
Significance0.14
Slope(0.70)
Total Sum of Squares862.82

TPI Company Equity Multiplier History

2024 -6.25
2023 -6.57
2022 19.06
2021 4.02
2020 4.76
2019 4.03
2018 2.74

About TPI Composites Financial Statements

TPI Composites stakeholders use historical fundamental indicators, such as TPI Composites' Company Equity Multiplier, to determine how well the company is positioned to perform in the future. Although TPI Composites investors may analyze each financial statement separately, they are all interrelated. For example, changes in TPI Composites' assets and liabilities are reflected in the revenues and expenses on TPI Composites' 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 TPI Composites. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Company Equity Multiplier(6.57)(6.25)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether TPI Composites offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TPI Composites' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tpi Composites Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tpi Composites Stock:
Check out the analysis of TPI Composites Correlation against competitors.
For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Heavy Electrical Equipment 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 TPI Composites. If investors know TPI 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 TPI Composites listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Revenue Per Share
28.054
Quarterly Revenue Growth
0.028
Return On Assets
(0.12)
Return On Equity
(3.53)
The market value of TPI Composites is measured differently than its book value, which is the value of TPI that is recorded on the company's balance sheet. Investors also form their own opinion of TPI Composites' value that differs from its market value or its book value, called intrinsic value, which is TPI Composites' 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 TPI Composites' market value can be influenced by many factors that don't directly affect TPI Composites' 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 TPI Composites' value and its price as these two are different measures arrived at by different means. Investors typically determine if TPI Composites is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TPI Composites' 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.