Toray Financial Statements From 2010 to 2024
TRYIF Stock | USD 5.60 0.00 0.00% |
Check Toray Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toray Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Toray financial statements analysis is a perfect complement when working with Toray Industries Valuation or Volatility modules.
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Toray Industries Company Return On Equity Analysis
Toray Industries' 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 Toray Industries Return On Equity | 0.0591 |
Most of Toray Industries' 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, Toray Industries 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.
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Based on the latest financial disclosure, Toray Industries has a Return On Equity of 0.0591. This is 98.36% lower than that of the Consumer Cyclical sector and 99.08% lower than that of the Textile Manufacturing industry. The return on equity for all United States stocks is 119.06% lower than that of the firm.
Toray Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Toray Industries's current stock value. Our valuation model uses many indicators to compare Toray Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Toray Industries competition to find correlations between indicators driving Toray Industries's intrinsic value. More Info.Toray Industries is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Toray Industries is roughly 2.13 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Toray Industries' earnings, one of the primary drivers of an investment's value.About Toray Industries Financial Statements
Toray Industries stakeholders use historical fundamental indicators, such as Toray Industries' revenue or net income, to determine how well the company is positioned to perform in the future. Although Toray Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Toray Industries' assets and liabilities are reflected in the revenues and expenses on Toray Industries' 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 Toray Industries. Please read more on our technical analysis and fundamental analysis pages.
Toray Industries, Inc., together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company was incorporated in 1926 and is headquartered in Tokyo, Japan. Toray Inds operates under Textile Manufacturing classification in the United States and is traded on OTC Exchange. It employs 48842 people.
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Other Information on Investing in Toray Pink Sheet
Toray Industries financial ratios help investors to determine whether Toray Pink Sheet 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 Toray with respect to the benefits of owning Toray Industries security.