Tucows Inc Stock Return On Asset

TCX Stock  USD 16.27  0.47  2.97%   
Tucows Inc fundamentals help investors to digest information that contributes to Tucows' financial success or failures. It also enables traders to predict the movement of Tucows Stock. The fundamental analysis module provides a way to measure Tucows' 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 Tucows stock.
Return On Assets is likely to drop to -0.13 in 2024.
  
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Tucows Inc Company Return On Asset Analysis

Tucows' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Tucows Return On Asset

    
  -0.039  
Most of Tucows' fundamental indicators, such as Return On Asset, 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, Tucows Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Tucows Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Tucows is extremely important. It helps to project a fair market value of Tucows Stock properly, considering its historical fundamentals such as Return On Asset. Since Tucows' 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 Tucows' 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 Tucows' interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Tucows Total Assets

Total Assets

838.35 Million

At this time, Tucows' Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Tucows Inc has a Return On Asset of -0.039. This is 98.65% lower than that of the IT Services sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is 72.14% lower than that of the firm.

Tucows Return On Asset Peer Comparison

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

Tucows Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tucows from analyzing Tucows' financial statements. These drivers represent accounts that assess Tucows' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tucows' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap656.3M782.5M893.7M365.3M328.8M199.3M
Enterprise Value760.3M906.9M1.1B597.8M538.0M564.9M

Tucows ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tucows' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tucows' managers, analysts, and investors.
Environmental
Governance
Social

Tucows Fundamentals

About Tucows Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tucows Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tucows using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tucows Inc 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 Tucows Stock Analysis

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