1933 Industries Stock Fundamentals

TGIFF Stock  USD 0.01  0.0005  10.00%   
1933 Industries fundamentals help investors to digest information that contributes to 1933 Industries' financial success or failures. It also enables traders to predict the movement of 1933 OTC Stock. The fundamental analysis module provides a way to measure 1933 Industries' 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 1933 Industries otc stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

1933 Industries OTC Stock Return On Equity Analysis

1933 Industries' 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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current 1933 Industries Return On Equity

    
  -1.16  
Most of 1933 Industries' 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, 1933 Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Based on the latest financial disclosure, 1933 Industries has a Return On Equity of -1.1636. This is 95.15% lower than that of the Healthcare sector and significantly lower than that of the Drug Manufacturers—Specialty & Generic industry. The return on equity for all United States stocks is notably higher than that of the company.

1933 Industries Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining 1933 Industries's current stock value. Our valuation model uses many indicators to compare 1933 Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 1933 Industries competition to find correlations between indicators driving 1933 Industries's intrinsic value. More Info.
1933 Industries is rated third in return on equity category among its peers. It is rated fourth in return on asset category among its peers . 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 1933 Industries' earnings, one of the primary drivers of an investment's value.

1933 Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 1933 Industries' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of 1933 Industries could also be used in its relative valuation, which is a method of valuing 1933 Industries by comparing valuation metrics of similar companies.
1933 Industries is currently under evaluation in return on equity category among its peers.

1933 Fundamentals

About 1933 Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 1933 Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 1933 Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 1933 Industries based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
1933 Industries Inc., a cannabis company, engages in the cultivation and production of medical marijuana in the United States and Canada. The company was formerly known as Friday Night Inc. and changed its name to 1933 Industries Inc. in September 2018. Friday Night is traded on OTC Exchange in the United States.

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Other Information on Investing in 1933 OTC Stock

1933 Industries financial ratios help investors to determine whether 1933 OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 1933 with respect to the benefits of owning 1933 Industries security.