Triple Flag Price To Book vs. Current Valuation
| TFPM Stock | 23.22 0.05 0.21% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.37 | 0.5003 |
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For Triple Flag profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Triple Flag to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Triple Flag Precious utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Triple Flag's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Triple Flag Precious over time as well as its relative position and ranking within its peers.
Triple |
Triple Flag Precious Current Valuation vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Triple Flag's current stock value. Our valuation model uses many indicators to compare Triple Flag value to that of its competitors to determine the firm's financial worth. Triple Flag Precious is rated third in price to book category among its peers. It is currently regarded number one company in current valuation category among its peers reporting about 2,403,214,936 of Current Valuation per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Triple Flag by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Triple Flag'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.Triple Current Valuation vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Triple Flag |
| = | 1.95 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
Triple Flag |
| = | 4.69 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.
Triple Current Valuation vs Competition
Triple Flag Precious is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 5.53 Billion. Triple Flag totals roughly 4.69 Billion in current valuation claiming about 85% of all equities under Materials industry.
Triple Flag Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Triple Flag, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Triple Flag will eventually generate negative long term returns. The profitability progress is the general direction of Triple Flag's change in net profit over the period of time. It can combine multiple indicators of Triple Flag, 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 | 14.7 M | 15.5 M | |
| Operating Income | 40.3 M | 42.3 M | |
| Income Before Tax | 36.4 M | 19.2 M | |
| Total Other Income Expense Net | -26.9 M | -25.5 M | |
| Net Income | 36.3 M | 25.1 M | |
| Income Tax Expense | 107 K | 101.7 K | |
| Net Income Applicable To Common Shares | 63.3 M | 66.5 M | |
| Net Interest Income | -4.1 M | -4.3 M | |
| Interest Income | 3.2 M | 3.4 M | |
| Net Income From Continuing Ops | 36.3 M | 27.4 M | |
| Change To Netincome | 11.1 M | 11.6 M | |
| Net Income Per Share | 0.18 | 0.19 | |
| Income Quality | 4.25 | 4.46 | |
| Net Income Per E B T | 1.00 | 0.68 |
Triple Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Triple Flag. 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 Triple Flag 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 Triple Flag's important profitability drivers and their relationship over time.
Use Triple Flag 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 Triple Flag 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 Triple Flag will appreciate offsetting losses from the drop in the long position's value.Triple Flag Pair Trading
Triple Flag Precious Pair Trading Analysis
The ability to find closely correlated positions to Triple Flag could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Triple Flag 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 Triple Flag - 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 Triple Flag Precious to buy it.
The correlation of Triple Flag 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 Triple Flag moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Triple Flag Precious 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 Triple Flag 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 Triple Flag position
In addition to having Triple Flag 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 Adviser Favorites Thematic Idea Now
Adviser Favorites
Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 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 Adviser Favorites Theme or any other thematic opportunities.
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To fully project Triple Flag's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Triple Flag Precious 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 Triple Flag's income statement, its balance sheet, and the statement of cash flows.