Transcontinental Stock Fundamentals
| TCL-B Stock | CAD 18.01 0.76 4.41% |
Transcontinental fundamentals help investors to digest information that contributes to Transcontinental's financial success or failures. It also enables traders to predict the movement of Transcontinental Stock. The fundamental analysis module provides a way to measure Transcontinental's 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 Transcontinental stock.
At this time, Transcontinental's Gross Profit is comparatively stable compared to the past year. EBIT is likely to gain to about 184.6 M in 2024, whereas Total Revenue is likely to drop slightly above 2.2 B in 2024. Transcontinental | Select Account or Indicator |
Transcontinental Company Return On Equity Analysis
Transcontinental's 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 Transcontinental Return On Equity | 0.0616 |
Most of Transcontinental's 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, Transcontinental is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Transcontinental Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Transcontinental is extremely important. It helps to project a fair market value of Transcontinental Stock properly, considering its historical fundamentals such as Return On Equity. Since Transcontinental's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Transcontinental's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Transcontinental's interrelated accounts and indicators.
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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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Transcontinental Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Transcontinental has a Return On Equity of 0.0616. This is 86.0% lower than that of the Containers & Packaging sector and significantly higher than that of the Materials industry. The return on equity for all Canada stocks is 119.87% lower than that of the firm.
Transcontinental Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Transcontinental's current stock value. Our valuation model uses many indicators to compare Transcontinental value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Transcontinental competition to find correlations between indicators driving Transcontinental's intrinsic value. More Info.Transcontinental 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 0.70 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Transcontinental is roughly 1.42 . At this time, Transcontinental's Return On Equity is comparatively stable compared to the past year. 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 Transcontinental's earnings, one of the primary drivers of an investment's value.Transcontinental Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Transcontinental's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Transcontinental could also be used in its relative valuation, which is a method of valuing Transcontinental by comparing valuation metrics of similar companies.Transcontinental is currently under evaluation in return on equity category among its peers.
Transcontinental Fundamentals
| Return On Equity | 0.0616 | ||||
| Return On Asset | 0.0434 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 2.38 B | ||||
| Shares Outstanding | 13.36 M | ||||
| Shares Owned By Insiders | 94.00 % | ||||
| Number Of Shares Shorted | 219 | ||||
| Price To Earning | 7.19 X | ||||
| Price To Book | 0.77 X | ||||
| Price To Sales | 0.54 X | ||||
| Revenue | 2.94 B | ||||
| Gross Profit | 456.5 M | ||||
| EBITDA | 391.7 M | ||||
| Net Income | 85.9 M | ||||
| Cash And Equivalents | 197.3 M | ||||
| Cash Per Share | 2.27 X | ||||
| Total Debt | 1.06 B | ||||
| Debt To Equity | 0.68 % | ||||
| Current Ratio | 1.40 X | ||||
| Book Value Per Share | 22.08 X | ||||
| Cash Flow From Operations | 472.3 M | ||||
| Short Ratio | 0.77 X | ||||
| Earnings Per Share | 1.33 X | ||||
| Number Of Employees | 7.6 K | ||||
| Beta | 0.98 | ||||
| Market Capitalization | 1.55 B | ||||
| Total Asset | 3.7 B | ||||
| Retained Earnings | 1.23 B | ||||
| Working Capital | 574.1 M | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 4.20 % | ||||
| Net Asset | 3.7 B | ||||
| Last Dividend Paid | 0.9 |
About Transcontinental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Transcontinental's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Transcontinental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Transcontinental 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 9.4 M | 8.9 M | |
| Total Revenue | 3.4 B | 2.2 B | |
| Cost Of Revenue | 2.9 B | 1.4 B | |
| Sales General And Administrative To Revenue | 0.30 | 0.32 | |
| Capex To Revenue | 0.07 | 0.08 | |
| Revenue Per Share | 30.56 | 19.50 | |
| Ebit Per Revenue | 0.05 | 0.07 |
Pair Trading with Transcontinental
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Transcontinental position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Transcontinental will appreciate offsetting losses from the drop in the long position's value.Moving together with Transcontinental Stock
The ability to find closely correlated positions to Transcontinental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Transcontinental when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Transcontinental - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Transcontinental to buy it.
The correlation of Transcontinental is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Transcontinental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Transcontinental moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Transcontinental can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Transcontinental Stock Analysis
When running Transcontinental's price analysis, check to measure Transcontinental'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 Transcontinental is operating at the current time. Most of Transcontinental's value examination focuses on studying past and present price action to predict the probability of Transcontinental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcontinental's price. Additionally, you may evaluate how the addition of Transcontinental to your portfolios can decrease your overall portfolio volatility.