Thorney Techs Ltd Stock Fundamentals

TTG Stock  EUR 0.08  0.0005  0.63%   
THORNEY TECHS LTD fundamentals help investors to digest information that contributes to THORNEY TECHS's financial success or failures. It also enables traders to predict the movement of THORNEY Stock. The fundamental analysis module provides a way to measure THORNEY TECHS'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 THORNEY TECHS stock.
  
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THORNEY TECHS LTD Company Return On Equity Analysis

THORNEY TECHS'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current THORNEY TECHS Return On Equity

    
  -0.27  
Most of THORNEY TECHS'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, THORNEY TECHS LTD 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, THORNEY TECHS LTD has a Return On Equity of -0.2733. This is much lower than that of the sector and significantly lower than that of the Return On Equity industry. The return on equity for all Germany stocks is notably higher than that of the company.

THORNEY TECHS LTD Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining THORNEY TECHS's current stock value. Our valuation model uses many indicators to compare THORNEY TECHS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across THORNEY TECHS competition to find correlations between indicators driving THORNEY TECHS's intrinsic value. More Info.
THORNEY TECHS LTD 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 . 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 THORNEY TECHS's earnings, one of the primary drivers of an investment's value.

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THORNEY Fundamentals

About THORNEY TECHS Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze THORNEY TECHS LTD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of THORNEY TECHS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of THORNEY TECHS LTD 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.
Thorney Technologies Ltd invests in technology related companies. Thorney Technologies Ltd was founded in 2005 and is based in Melbourne, Australia. THORNEY TECHS is traded on Frankfurt Stock Exchange in Germany.

Currently Active Assets on Macroaxis

Other Information on Investing in THORNEY Stock

THORNEY TECHS financial ratios help investors to determine whether THORNEY 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 THORNEY with respect to the benefits of owning THORNEY TECHS security.