Toppoint Holdings Stock Net Income
| TOPP Stock | 0.89 0.03 3.26% |
Toppoint Holdings' fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Toppoint Stock price.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Toppoint Holdings Company Net Income Analysis
Toppoint Holdings' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Toppoint Holdings Net Income | 174.87 K |
Most of Toppoint Holdings' fundamental indicators, such as Net Income, 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, Toppoint Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Toppoint Holdings reported net income of 174.87 K. This is 99.93% lower than that of the Ground Transportation sector and significantly higher than that of the Industrials industry. The net income for all United States stocks is 99.97% higher than that of the company.
Toppoint Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Toppoint Holdings' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Toppoint Holdings could also be used in its relative valuation, which is a method of valuing Toppoint Holdings by comparing valuation metrics of similar companies.Toppoint Holdings is currently under evaluation in net income category among its peers.
Toppoint Fundamentals
| Return On Equity | -1.06 | ||||
| Return On Asset | -0.54 | ||||
| Profit Margin | (0.39) % | ||||
| Operating Margin | (0.94) % | ||||
| Current Valuation | 17.78 M | ||||
| Shares Outstanding | 17.5 M | ||||
| Shares Owned By Insiders | 68.04 % | ||||
| Shares Owned By Institutions | 0.12 % | ||||
| Number Of Shares Shorted | 35.75 K | ||||
| Price To Book | 1.88 X | ||||
| Price To Sales | 1.07 X | ||||
| Revenue | 16.04 M | ||||
| Gross Profit | 2.87 M | ||||
| EBITDA | 632.43 K | ||||
| Net Income | 174.87 K | ||||
| Total Debt | 1.71 M | ||||
| Book Value Per Share | 0.47 X | ||||
| Cash Flow From Operations | (593.73 K) | ||||
| Short Ratio | 0.84 X | ||||
| Earnings Per Share | (0.32) X | ||||
| Market Capitalization | 15.57 M | ||||
| Total Asset | 4.99 M | ||||
| Retained Earnings | 2.4 M | ||||
| Working Capital | 468.94 K | ||||
| Net Asset | 4.99 M |
About Toppoint Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Toppoint Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Toppoint Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Toppoint Holdings 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.
Pair Trading with Toppoint Holdings
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 Toppoint Holdings 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 Toppoint Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Toppoint Stock
| 0.73 | NMM | Navios Maritime Partners | PairCorr |
| 0.71 | PAL | Proficient Auto Logi | PairCorr |
| 0.67 | ZIG | ZIGUP plc | PairCorr |
| 0.58 | JBHT | JB Hunt Transport | PairCorr |
| 0.53 | LSTR | Landstar System | PairCorr |
The ability to find closely correlated positions to Toppoint Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toppoint Holdings 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 Toppoint Holdings - 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 Toppoint Holdings to buy it.
The correlation of Toppoint Holdings 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 Toppoint Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toppoint Holdings 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 Toppoint Holdings 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 Toppoint Stock Analysis
When running Toppoint Holdings' price analysis, check to measure Toppoint Holdings' 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 Toppoint Holdings is operating at the current time. Most of Toppoint Holdings' value examination focuses on studying past and present price action to predict the probability of Toppoint Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toppoint Holdings' price. Additionally, you may evaluate how the addition of Toppoint Holdings to your portfolios can decrease your overall portfolio volatility.