Touchstone International Revenue vs. Gross Profit

688013 Stock   19.10  0.14  0.73%   
Taking into consideration Touchstone International's profitability measurements, Touchstone International Medical may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Touchstone International's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
2019-03-31
Previous Quarter
60.2 M
Current Value
72.5 M
Quarterly Volatility
11.5 M
 
Covid
For Touchstone International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Touchstone International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Touchstone International Medical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Touchstone International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Touchstone International Medical over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Touchstone International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Touchstone International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Touchstone International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Touchstone International Gross Profit vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Touchstone International's current stock value. Our valuation model uses many indicators to compare Touchstone International value to that of its competitors to determine the firm's financial worth.
Touchstone International Medical is the top company in revenue category among its peers. It also is number one stock in gross profit category among its peers fabricating about  0.91  of Gross Profit per Revenue. The ratio of Revenue to Gross Profit for Touchstone International Medical is roughly  1.09 . At present, Touchstone International's Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Touchstone International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Touchstone International's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Touchstone Revenue vs. Competition

Touchstone International Medical is the top company in revenue category among its peers. Market size based on revenue of Health Care industry is presently estimated at about 8.73 Trillion. Touchstone International adds roughly 253.65 Million in revenue claiming only tiny portion of equities under Health Care industry.

Touchstone Gross Profit vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Touchstone International

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
253.65 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.

Touchstone International

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
232.04 M
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.

Touchstone Gross Profit Comparison

Touchstone International is currently under evaluation in gross profit category among its peers.

Touchstone International Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Touchstone International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Touchstone International will eventually generate negative long term returns. The profitability progress is the general direction of Touchstone International's change in net profit over the period of time. It can combine multiple indicators of Touchstone International, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income32.6 M34.5 M
Income Before Tax47.9 M42.9 M
Total Other Income Expense Net2.3 M2.1 M
Net Income52.7 M39.5 M
Income Tax Expense3.3 M4.8 M
Net Interest Income2.3 M2.4 M
Interest Income2.5 M2.6 M
Net Income From Continuing Ops47.3 M46 M
Net Income Applicable To Common Shares50 M44.5 M
Change To Netincome-13.6 M-13 M

Touchstone Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Touchstone International. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Touchstone International position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Touchstone International's important profitability drivers and their relationship over time.

Use Touchstone International in pair-trading

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 Touchstone International 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 Touchstone International will appreciate offsetting losses from the drop in the long position's value.

Touchstone International Pair Trading

Touchstone International Medical Pair Trading Analysis

The ability to find closely correlated positions to Touchstone International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Touchstone International 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 Touchstone International - 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 Touchstone International Medical to buy it.
The correlation of Touchstone International 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 Touchstone International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Touchstone International 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 Touchstone International 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Touchstone International position

In addition to having Touchstone International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Health Management Thematic Idea Now

Health Management
Health Management Theme
Major hospitals and healthcare providers. The Health Management theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Health Management Theme or any other thematic opportunities.
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Other Information on Investing in Touchstone Stock

To fully project Touchstone International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Touchstone International at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Touchstone International's income statement, its balance sheet, and the statement of cash flows.
Potential Touchstone International investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Touchstone International investors may work on each financial statement separately, they are all related. The changes in Touchstone International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Touchstone International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.