Tomra Systems Net Income vs. Current Valuation
| TMRAY Stock | USD 14.21 0.17 1.18% |
For Tomra Systems profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tomra Systems to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tomra Systems ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tomra Systems's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tomra Systems ASA over time as well as its relative position and ranking within its peers.
Tomra |
Tomra Systems ASA Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tomra Systems's current stock value. Our valuation model uses many indicators to compare Tomra Systems value to that of its competitors to determine the firm's financial worth. Tomra Systems ASA is currently regarded as top stock in net income category among its peers. It also is currently regarded number one company in current valuation category among its peers reporting about 5.59 of Current Valuation per Net Income. Comparative valuation analysis is a catch-all model that can be used if you cannot value Tomra Systems by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tomra Systems' Pink Sheet. 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.Tomra 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.
Tomra Systems |
| = | 1.09 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.
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.
Tomra Systems |
| = | 6.1 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.
Tomra Current Valuation vs Competition
Tomra Systems ASA is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Waste Management industry is at this time estimated at about 221.73 Billion. Tomra Systems holds roughly 6.1 Billion in current valuation claiming about 2.75% of Waste Management industry.
Tomra Systems Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tomra Systems, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tomra Systems will eventually generate negative long term returns. The profitability progress is the general direction of Tomra Systems' change in net profit over the period of time. It can combine multiple indicators of Tomra Systems, 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.
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. The company was founded in 1972 and is headquartered in Asker, Norway. TOMRA SYSTEMS operates under Waste Management classification in the United States and is traded on OTC Exchange. It employs 4600 people.
Tomra Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tomra Systems. 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 Tomra Systems 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 Tomra Systems' important profitability drivers and their relationship over time.
Use Tomra Systems 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 Tomra Systems 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 Tomra Systems will appreciate offsetting losses from the drop in the long position's value.Tomra Systems Pair Trading
Tomra Systems ASA Pair Trading Analysis
The ability to find closely correlated positions to Tomra Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tomra Systems 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 Tomra Systems - 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 Tomra Systems ASA to buy it.
The correlation of Tomra Systems 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 Tomra Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tomra Systems ASA 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 Tomra Systems 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 Tomra Systems position
In addition to having Tomra Systems 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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Additional Tools for Tomra Pink Sheet Analysis
When running Tomra Systems' price analysis, check to measure Tomra Systems' 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 Tomra Systems is operating at the current time. Most of Tomra Systems' value examination focuses on studying past and present price action to predict the probability of Tomra Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tomra Systems' price. Additionally, you may evaluate how the addition of Tomra Systems to your portfolios can decrease your overall portfolio volatility.