Tat Techno Net Income vs. Current Valuation
| TATT Stock | USD 22.01 0.35 1.57% |
Net Income | First Reported 1992-03-31 | Previous Quarter 2.6 M | Current Value 2.9 M | Quarterly Volatility 1.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.3 | 0.1974 |
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For Tat Techno profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tat Techno to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tat Techno utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tat Techno's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tat Techno over time as well as its relative position and ranking within its peers.
Tat |
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tat Techno. If investors know Tat will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tat Techno listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.667 | Earnings Share 0.73 | Revenue Per Share 13.671 | Quarterly Revenue Growth 0.363 | Return On Assets 0.037 |
The market value of Tat Techno is measured differently than its book value, which is the value of Tat that is recorded on the company's balance sheet. Investors also form their own opinion of Tat Techno's value that differs from its market value or its book value, called intrinsic value, which is Tat Techno's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tat Techno's market value can be influenced by many factors that don't directly affect Tat Techno's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tat Techno's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tat Techno is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tat Techno'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.
Tat Techno Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tat Techno's current stock value. Our valuation model uses many indicators to compare Tat Techno value to that of its competitors to determine the firm's financial worth. Tat Techno is rated below average in net income category among its peers. It is rated below average in current valuation category among its peers reporting about 53.07 of Current Valuation per Net Income. At this time, Tat Techno's Net Income is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Tat Techno by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Tat Current Valuation vs. Net Income
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.
Tat Techno |
| = | 4.67 M |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Tat Techno |
| = | 247.92 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Tat Current Valuation vs Competition
Tat Techno is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is at this time estimated at about 17.24 Billion. Tat Techno claims roughly 247.92 Million in current valuation contributing just under 2% to equities under Industrials industry.
Tat Techno Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tat Techno, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tat Techno will eventually generate negative long term returns. The profitability progress is the general direction of Tat Techno's change in net profit over the period of time. It can combine multiple indicators of Tat Techno, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 27 K | 28.4 K | |
| Operating Income | 5.6 M | 5.9 M | |
| Income Before Tax | 4.7 M | 5 M | |
| Total Other Income Expense Net | -897 K | -852.1 K | |
| Net Income | 4.7 M | 4.9 M | |
| Income Tax Expense | 576 K | 468.6 K | |
| Net Loss | -3.2 M | -3 M | |
| Net Income From Continuing Ops | 4.7 M | 4.9 M | |
| Interest Income | 353 K | 550.8 K | |
| Net Interest Income | -1.3 M | -1.3 M | |
| Change To Netincome | -712.8 K | -677.2 K | |
| Net Income Per Share | 0.52 | 0.55 | |
| Income Quality | 0.48 | 0.46 | |
| Net Income Per E B T | 0.98 | 0.89 |
Tat Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tat Techno. 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 Tat Techno 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 Tat Techno's important profitability drivers and their relationship over time.
Use Tat Techno 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 Tat Techno 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 Tat Techno will appreciate offsetting losses from the drop in the long position's value.Tat Techno Pair Trading
Tat Techno Pair Trading Analysis
The ability to find closely correlated positions to Tat Techno could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tat Techno 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 Tat Techno - 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 Tat Techno to buy it.
The correlation of Tat Techno 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 Tat Techno moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tat Techno 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 Tat Techno 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.Use Investing Themes to Complement your Tat Techno position
In addition to having Tat Techno 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?
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Construction Materials
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction Materials theme has 61 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 Construction Materials Theme or any other thematic opportunities.
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Additional Tools for Tat Stock Analysis
When running Tat Techno's price analysis, check to measure Tat Techno'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 Tat Techno is operating at the current time. Most of Tat Techno's value examination focuses on studying past and present price action to predict the probability of Tat Techno's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tat Techno's price. Additionally, you may evaluate how the addition of Tat Techno to your portfolios can decrease your overall portfolio volatility.