Techprecision Common Stock Gross Profit

TPCS Stock  USD 3.08  0.01  0.33%   
TechPrecision Common fundamentals help investors to digest information that contributes to TechPrecision Common's financial success or failures. It also enables traders to predict the movement of TechPrecision Stock. The fundamental analysis module provides a way to measure TechPrecision Common'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 TechPrecision Common stock.
Last ReportedProjected for Next Year
Gross Profit4.1 MM
Gross Profit Margin 0.13  0.22 
Gross Profit Margin is likely to gain to 0.22 in 2024, whereas Gross Profit is likely to drop slightly above 4 M in 2024.
  
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TechPrecision Common Company Gross Profit Analysis

TechPrecision Common's 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

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current TechPrecision Common Gross Profit

    
  3.38 M  
Most of TechPrecision Common's 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, TechPrecision Common is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

TechPrecision Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for TechPrecision Common is extremely important. It helps to project a fair market value of TechPrecision Stock properly, considering its historical fundamentals such as Gross Profit. Since TechPrecision Common'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 TechPrecision Common'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 TechPrecision Common's interrelated accounts and indicators.
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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, TechPrecision Common reported 3.38 M of gross profit. This is 99.92% lower than that of the Machinery sector and 98.03% lower than that of the Industrials industry. The gross profit for all United States stocks is 99.99% higher than that of the company.

TechPrecision Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TechPrecision Common's 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 TechPrecision Common could also be used in its relative valuation, which is a method of valuing TechPrecision Common by comparing valuation metrics of similar companies.
TechPrecision Common is currently under evaluation in gross profit category among its peers.

TechPrecision Common 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, TechPrecision Common's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to TechPrecision Common's managers, analysts, and investors.
Environmental
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TechPrecision Fundamentals

About TechPrecision Common Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for TechPrecision Stock Analysis

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