Tomra Systems Asa Stock Gross Profit

0KV7 Stock   159.35  2.56  1.63%   
Tomra Systems ASA fundamentals help investors to digest information that contributes to Tomra Systems' financial success or failures. It also enables traders to predict the movement of Tomra Stock. The fundamental analysis module provides a way to measure Tomra Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tomra Systems stock.
Last ReportedProjected for Next Year
Gross Profit7.1 B5.5 B
Gross Profit is likely to drop to about 5.5 B in 2024.
  
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Tomra Systems ASA Company Gross Profit Analysis

Tomra Systems' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Tomra Systems Gross Profit

    
  7.13 B  
Most of Tomra Systems' fundamental indicators, such as Gross Profit, 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, Tomra Systems ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Tomra Systems ASA reported 7.13 B of gross profit. This is 76.14% higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The gross profit for all United Kingdom stocks is 73.95% higher than that of the company.

Tomra Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tomra Systems' direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tomra Systems could also be used in its relative valuation, which is a method of valuing Tomra Systems by comparing valuation metrics of similar companies.
Tomra Systems is currently under evaluation in gross profit category among its peers.

Tomra Fundamentals

About Tomra Systems Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tomra Systems ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tomra Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tomra Systems ASA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Tomra Stock Analysis

When running Tomra Systems' price analysis, check to measure Tomra Systems' 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 Tomra Systems is operating at the current time. Most of Tomra Systems' value examination focuses on studying past and present price action to predict the probability of Tomra Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tomra Systems' price. Additionally, you may evaluate how the addition of Tomra Systems to your portfolios can decrease your overall portfolio volatility.