Tecan Return On Equity vs. Current Valuation
| TCHBF Stock | USD 277.00 0.00 0.00% |
For Tecan profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tecan to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tecan Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tecan's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tecan Group over time as well as its relative position and ranking within its peers.
Tecan |
Tecan Group Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tecan's current stock value. Our valuation model uses many indicators to compare Tecan value to that of its competitors to determine the firm's financial worth. Tecan Group is currently regarded as top stock in return on equity category among its peers. It also is currently regarded number one company in current valuation category among its peers reporting about 57,941,018,471 of Current Valuation per Return On Equity. 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 Tecan's earnings, one of the primary drivers of an investment's value.Tecan Current Valuation vs. Return On Equity
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.
Tecan |
| = | 0.0981 |
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.
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.
Tecan |
| = | 5.68 B |
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.
Tecan Current Valuation vs Competition
Tecan Group is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Medical Instruments & Supplies industry is at this time estimated at about 150.06 Billion. Tecan holds roughly 5.68 Billion in current valuation claiming about 4% of all equities under Medical Instruments & Supplies industry.
Tecan Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tecan, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tecan will eventually generate negative long term returns. The profitability progress is the general direction of Tecan's change in net profit over the period of time. It can combine multiple indicators of Tecan, 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.
Tecan Group AG provides laboratory instruments and solutions for pharmaceutical and biotechnology companies, university research departments, and forensic and diagnostic laboratories. Tecan Group AG was founded in 1980 and is headquartered in Mnnedorf, Switzerland. Tecan Ag operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 3291 people.
Tecan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tecan. 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 Tecan 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 Tecan's important profitability drivers and their relationship over time.
Use Tecan 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 Tecan 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 Tecan will appreciate offsetting losses from the drop in the long position's value.Tecan Pair Trading
Tecan Group Pair Trading Analysis
The ability to find closely correlated positions to Tecan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tecan 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 Tecan - 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 Tecan Group to buy it.
The correlation of Tecan 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 Tecan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tecan Group 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 Tecan 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 Tecan position
In addition to having Tecan 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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Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 37 constituents at this time.
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Other Information on Investing in Tecan Pink Sheet
To fully project Tecan's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tecan Group 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 Tecan's income statement, its balance sheet, and the statement of cash flows.