Toshiba Tec Current Valuation vs. Net Income
| TECA Stock | EUR 22.40 0.20 0.88% |
For Toshiba Tec profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Toshiba Tec to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Toshiba Tec utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Toshiba Tec's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Toshiba Tec over time as well as its relative position and ranking within its peers.
Toshiba |
Toshiba Tec Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Toshiba Tec's current stock value. Our valuation model uses many indicators to compare Toshiba Tec value to that of its competitors to determine the firm's financial worth. Toshiba Tec is rated fifth in current valuation category among its peers. It is currently regarded as top stock in net income category among its peers making up about 4.64 of Net Income per Current Valuation. 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 Toshiba Tec's earnings, one of the primary drivers of an investment's value.Toshiba Current Valuation vs. Competition
Toshiba Tec is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Computer Systems industry is at this time estimated at about 64.45 Billion. Toshiba Tec claims roughly 1.16 Billion in current valuation contributing just under 2% to stocks in Computer Systems industry.
Toshiba Net Income vs. Current Valuation
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.
Toshiba Tec |
| = | 1.16 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.
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.
Toshiba Tec |
| = | 5.38 B |
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.
Toshiba Net Income Comparison
Toshiba Tec is currently under evaluation in net income category among its peers.
Toshiba Tec Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Toshiba Tec, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Toshiba Tec will eventually generate negative long term returns. The profitability progress is the general direction of Toshiba Tec's change in net profit over the period of time. It can combine multiple indicators of Toshiba Tec, 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.
Toshiba Tec Corporation, together with its subsidiaries, develops, manufactures, sells, and maintains retail and printing solutions in Japan and internationally. Toshiba Tec Corporation is a subsidiary of Toshiba Corporation. Toshiba Tec operates under Computer Systems classification in Germany and traded on Frankfurt Stock Exchange. It employs 19780 people.
Toshiba Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Toshiba Tec. 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 Toshiba Tec 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 Toshiba Tec's important profitability drivers and their relationship over time.
Use Toshiba Tec 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 Toshiba Tec 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 Toshiba Tec will appreciate offsetting losses from the drop in the long position's value.Toshiba Tec Pair Trading
Toshiba Tec Pair Trading Analysis
The ability to find closely correlated positions to Toshiba Tec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toshiba Tec 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 Toshiba Tec - 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 Toshiba Tec to buy it.
The correlation of Toshiba Tec 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 Toshiba Tec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toshiba Tec 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 Toshiba Tec 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 Toshiba Tec position
In addition to having Toshiba Tec 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 Latest Gainers Thematic Idea Now
Latest Gainers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 229 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 Latest Gainers Theme or any other thematic opportunities.
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Other Information on Investing in Toshiba Stock
To fully project Toshiba Tec's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Toshiba Tec 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 Toshiba Tec's income statement, its balance sheet, and the statement of cash flows.