Techtronic Industries Financials
| TTNDY Stock | USD 68.01 0.19 0.28% |
Techtronic |
Understanding current and past Techtronic Industries Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Techtronic Industries' financial statements are interrelated, with each one affecting the others. For example, an increase in Techtronic Industries' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Techtronic Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Techtronic Industries Ltd. Check Techtronic Industries' Beneish M Score to see the likelihood of Techtronic Industries' management manipulating its earnings.
Techtronic Industries Stock Summary
Techtronic Industries competes with SMC Corp, Hong Kong, AIA Group, and Techtronic Industries. Techtronic Industries Company Limited engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floorcare and cleaning products worldwide. The company was founded in 1985 and is based in Kwai Chung, Hong Kong. Techtronic Industries operates under Tools Accessories classification in the United States and is traded on OTC Exchange. It employs 47568 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US87873R1014 |
| Business Address | Kowloon Commerce Centre, |
| Sector | Industrials |
| Industry | Tools & Accessories |
| Benchmark | Dow Jones Industrial |
| Website | www.ttigroup.com |
| Phone | 852 2402 6888 |
| Currency | USD - US Dollar |
Techtronic Industries Key Financial Ratios
Techtronic Industries' financial ratios allow both analysts and investors to convert raw data from Techtronic Industries' financial statements into concise, actionable information that can be used to evaluate the performance of Techtronic Industries over time and compare it to other companies across industries.| Return On Equity | 0.25 | |||
| Return On Asset | 0.0601 | |||
| Target Price | 112.4 | |||
| Beta | 1.44 | |||
| Z Score | 15.4 |
Techtronic Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Techtronic Industries's current stock value. Our valuation model uses many indicators to compare Techtronic Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Techtronic Industries competition to find correlations between indicators driving Techtronic Industries's intrinsic value. More Info.Techtronic Industries Ltd is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.24 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Techtronic Industries Ltd is roughly 4.12 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Techtronic Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Techtronic Industries' 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.Techtronic Industries Systematic Risk
Techtronic Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Techtronic Industries 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Techtronic Industries correlated with the market. If Beta is less than 0 Techtronic Industries generally moves in the opposite direction as compared to the market. If Techtronic Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Techtronic Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Techtronic Industries is generally in the same direction as the market. If Beta > 1 Techtronic Industries moves generally in the same direction as, but more than the movement of the benchmark.
Techtronic Industries November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Techtronic Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Techtronic Industries Ltd. We use our internally-developed statistical techniques to arrive at the intrinsic value of Techtronic Industries Ltd based on widely used predictive technical indicators. In general, we focus on analyzing Techtronic Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Techtronic Industries's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.98 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 11.77 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 3.31 |
Additional Tools for Techtronic Pink Sheet Analysis
When running Techtronic Industries' price analysis, check to measure Techtronic Industries' 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 Techtronic Industries is operating at the current time. Most of Techtronic Industries' value examination focuses on studying past and present price action to predict the probability of Techtronic Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Techtronic Industries' price. Additionally, you may evaluate how the addition of Techtronic Industries to your portfolios can decrease your overall portfolio volatility.