Tectonic Therapeutic, Current Valuation vs. EBITDA
| TECX Stock | 49.78 0.62 1.26% |
For Tectonic Therapeutic, profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tectonic Therapeutic, to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tectonic Therapeutic, utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tectonic Therapeutic,'s most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tectonic Therapeutic, over time as well as its relative position and ranking within its peers.
Tectonic |
Is Biotechnology 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 Tectonic Therapeutic,. If investors know Tectonic 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 Tectonic Therapeutic, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.07) |
The market value of Tectonic Therapeutic, is measured differently than its book value, which is the value of Tectonic that is recorded on the company's balance sheet. Investors also form their own opinion of Tectonic Therapeutic,'s value that differs from its market value or its book value, called intrinsic value, which is Tectonic Therapeutic,'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 Tectonic Therapeutic,'s market value can be influenced by many factors that don't directly affect Tectonic Therapeutic,'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 Tectonic Therapeutic,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Tectonic Therapeutic, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tectonic Therapeutic,'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.
Tectonic Therapeutic, EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tectonic Therapeutic,'s current stock value. Our valuation model uses many indicators to compare Tectonic Therapeutic, value to that of its competitors to determine the firm's financial worth. Tectonic Therapeutic, is rated second in current valuation category among its peers. It also is rated second in ebitda category among its peers . Tectonic Therapeutic, reported EBITDA of (43.17 Million) in 2023. 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 Tectonic Therapeutic,'s earnings, one of the primary drivers of an investment's value.Tectonic Current Valuation vs. Competition
Tectonic Therapeutic, is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is at this time estimated at about 349.78 Million. Tectonic Therapeutic, totals roughly 83.39 Million in current valuation claiming about 24% of equities under Health Care industry.
Tectonic EBITDA 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.
Tectonic Therapeutic, |
| = | 83.39 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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Tectonic Therapeutic, |
| = | (43.17 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Tectonic EBITDA Comparison
Tectonic Therapeutic, is currently under evaluation in ebitda category among its peers.
Tectonic Therapeutic, Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tectonic Therapeutic,, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tectonic Therapeutic, will eventually generate negative long term returns. The profitability progress is the general direction of Tectonic Therapeutic,'s change in net profit over the period of time. It can combine multiple indicators of Tectonic Therapeutic,, 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 | -11 K | -11.6 K | |
| Operating Income | -44.6 M | -46.9 M | |
| Income Before Tax | -42.8 M | -45 M | |
| Total Other Income Expense Net | 1.8 M | 1.9 M | |
| Net Loss | -42.8 M | -45 M | |
| Net Interest Income | 5.8 K | 6 K | |
| Interest Income | 171.3 K | 179.9 K | |
| Net Loss | -29 M | -30.4 M | |
| Income Tax Expense | 339.3 K | 301.6 K | |
| Net Loss | (11.59) | (12.17) | |
| Income Quality | 0.95 | 0.69 |
Tectonic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tectonic Therapeutic,. 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 Tectonic Therapeutic, 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 Tectonic Therapeutic,'s important profitability drivers and their relationship over time.
Use Tectonic Therapeutic, 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 Tectonic Therapeutic, 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 Tectonic Therapeutic, will appreciate offsetting losses from the drop in the long position's value.Tectonic Therapeutic, Pair Trading
Tectonic Therapeutic, Pair Trading Analysis
The ability to find closely correlated positions to Tectonic Therapeutic, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tectonic Therapeutic, 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 Tectonic Therapeutic, - 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 Tectonic Therapeutic, to buy it.
The correlation of Tectonic Therapeutic, 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 Tectonic Therapeutic, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tectonic Therapeutic, 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 Tectonic Therapeutic, 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 Tectonic Therapeutic, position
In addition to having Tectonic Therapeutic, 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
Major hospitals and healthcare providers. The Health Management theme has 40 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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Additional Tools for Tectonic Stock Analysis
When running Tectonic Therapeutic,'s price analysis, check to measure Tectonic Therapeutic,'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 Tectonic Therapeutic, is operating at the current time. Most of Tectonic Therapeutic,'s value examination focuses on studying past and present price action to predict the probability of Tectonic Therapeutic,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Therapeutic,'s price. Additionally, you may evaluate how the addition of Tectonic Therapeutic, to your portfolios can decrease your overall portfolio volatility.