Top GloveBhd Financials
| TGLVY Stock | USD 0.65 0.16 19.75% |
Top |
Understanding current and past Top GloveBhd Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Top GloveBhd's financial statements are interrelated, with each one affecting the others. For example, an increase in Top GloveBhd's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Top GloveBhd's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Top Glove. Check Top GloveBhd's Beneish M Score to see the likelihood of Top GloveBhd's management manipulating its earnings.
Top GloveBhd Stock Summary
Top GloveBhd competes with Sysmex Corp, Straumann Holding, Coloplast, Essilor International, and EssilorLuxottica. Top Glove Corporation Bhd., an investment holding company, researches, develops, manufactures, and trades in gloves and rubber goods in Malaysia. Top Glove Corporation Bhd. was founded in 1991 and is headquartered in Shah Alam, Malaysia. Top Glove operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 17700 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US8905341009 |
| Business Address | Top Glove Tower, |
| Sector | Healthcare |
| Industry | Medical Instruments & Supplies |
| Benchmark | Dow Jones Industrial |
| Website | www.topglove.com |
| Phone | 60 3 3362 3098 |
| Currency | USD - US Dollar |
Top GloveBhd Key Financial Ratios
Top GloveBhd's financial ratios allow both analysts and investors to convert raw data from Top GloveBhd's financial statements into concise, actionable information that can be used to evaluate the performance of Top GloveBhd over time and compare it to other companies across industries.| Return On Equity | -0.0115 | |||
| Return On Asset | -0.0117 | |||
| Beta | 0.34 | |||
| Z Score | 8.4 |
Top Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Top GloveBhd's current stock value. Our valuation model uses many indicators to compare Top GloveBhd value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Top GloveBhd competition to find correlations between indicators driving Top GloveBhd's intrinsic value. More Info.Top Glove is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Top GloveBhd by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Top GloveBhd's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Top GloveBhd Systematic Risk
Top GloveBhd's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Top GloveBhd volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Top GloveBhd correlated with the market. If Beta is less than 0 Top GloveBhd generally moves in the opposite direction as compared to the market. If Top GloveBhd Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Top GloveBhd is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Top GloveBhd is generally in the same direction as the market. If Beta > 1 Top GloveBhd moves generally in the same direction as, but more than the movement of the benchmark.
Top GloveBhd November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Top GloveBhd help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Top Glove. We use our internally-developed statistical techniques to arrive at the intrinsic value of Top Glove based on widely used predictive technical indicators. In general, we focus on analyzing Top Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Top GloveBhd's daily price indicators and compare them against related drivers.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 40.49 | |||
| Value At Risk | (10.10) | |||
| Potential Upside | 12.22 |
Additional Tools for Top Pink Sheet Analysis
When running Top GloveBhd's price analysis, check to measure Top GloveBhd's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Top GloveBhd is operating at the current time. Most of Top GloveBhd's value examination focuses on studying past and present price action to predict the probability of Top GloveBhd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top GloveBhd's price. Additionally, you may evaluate how the addition of Top GloveBhd to your portfolios can decrease your overall portfolio volatility.