Taiga Building Products Stock Analysis
| TBL Stock | CAD 3.84 0.01 0.26% |
Taiga Building Products is fairly valued with Real Value of 3.82 and Hype Value of 3.84. The main objective of Taiga Building stock analysis is to determine its intrinsic value, which is an estimate of what Taiga Building Products is worth, separate from its market price. There are two main types of Taiga Building's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Taiga Building's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Taiga Building's stock to identify patterns and trends that may indicate its future price movements.
The Taiga Building stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Taiga Building is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Taiga Stock trading window is adjusted to America/Toronto timezone.
Taiga |
Taiga Stock Analysis Notes
About 72.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.94. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Taiga Building Products last dividend was issued on the 23rd of November 2023. The entity had 2:1 split on the 3rd of May 2005. Taiga Building Products Ltd. operates as a wholesale distributor of building products in Canada and the United States. As of September 29, 2018, Taiga Building Products Ltd. operates as a subsidiary of Avarga Limited. TAIGA BUILDING operates under Home Improvement Stores classification in Canada and is traded on Toronto Stock Exchange. It employs 574 people. To find out more about Taiga Building Products contact Russell Permann at 800 663 1470 or learn more at https://www.taigabuilding.com.Taiga Building Quarterly Total Revenue |
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Taiga Building Products Investment Alerts
| Taiga Building has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 72.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Taiga Building Products Faces Major Shareholding Change - TipRanks |
Taiga Largest EPS Surprises
Earnings surprises can significantly impact Taiga Building's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2001-10-18 | 2001-09-30 | 0.31 | 0.27 | -0.04 | 12 | ||
2001-05-23 | 2001-03-31 | 0.04 | 0.08 | 0.04 | 100 | ||
1996-07-24 | 1996-06-30 | 0.72 | 0.61 | -0.11 | 15 |
Taiga Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 415.59 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Taiga Building's market, we take the total number of its shares issued and multiply it by Taiga Building's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Taiga Profitablity
Taiga Building's profitability indicators refer to fundamental financial ratios that showcase Taiga Building's ability to generate income relative to its revenue or operating costs. If, let's say, Taiga Building is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Taiga Building's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Taiga Building's profitability requires more research than a typical breakdown of Taiga Building's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.10 | 0.11 | |
| Return On Capital Employed | 0.16 | 0.21 | |
| Return On Assets | 0.10 | 0.10 | |
| Return On Equity | 0.16 | 0.16 |
Management Efficiency
Taiga Building Products has return on total asset (ROA) of 0.0594 % which means that it generated a profit of $0.0594 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1181 %, meaning that it generated $0.1181 on every $100 dollars invested by stockholders. Taiga Building's management efficiency ratios could be used to measure how well Taiga Building manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to grow to 0.11. Also, Return On Capital Employed is likely to grow to 0.21. At this time, Taiga Building's Non Current Assets Total are very stable compared to the past year. As of the 23rd of November 2024, Net Tangible Assets is likely to grow to about 410.1 M, while Total Assets are likely to drop about 374.7 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.68 | 2.72 | |
| Tangible Book Value Per Share | 3.47 | 2.66 | |
| Enterprise Value Over EBITDA | 3.36 | 3.20 | |
| Price Book Value Ratio | 0.78 | 0.81 | |
| Enterprise Value Multiple | 3.36 | 3.20 | |
| Price Fair Value | 0.78 | 0.81 | |
| Enterprise Value | 278.2 M | 185.6 M |
Leadership effectiveness at Taiga Building Products is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin 0.043 | Profit Margin 0.0313 | Forward Dividend Yield 0.0309 | Beta 0.753 | Return On Assets 0.0594 |
Technical Drivers
As of the 23rd of November, Taiga Building has the Semi Deviation of 1.88, coefficient of variation of 8551.76, and Risk Adjusted Performance of 0.0151. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Taiga Building Products, as well as the relationship between them.Taiga Building Products Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Taiga Building middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Taiga Building Products. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Taiga Building Outstanding Bonds
Taiga Building issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Taiga Building Products uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Taiga bonds can be classified according to their maturity, which is the date when Taiga Building Products has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Taiga Building Predictive Daily Indicators
Taiga Building intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Taiga Building stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Taiga Building Forecast Models
Taiga Building's time-series forecasting models are one of many Taiga Building's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Taiga Building's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Taiga Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Taiga Building prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Taiga shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Taiga Building. By using and applying Taiga Stock analysis, traders can create a robust methodology for identifying Taiga entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.05 | 0.05 | |
| Operating Profit Margin | 0.05 | 0.05 | |
| Net Profit Margin | 0.04 | 0.04 | |
| Gross Profit Margin | 0.12 | 0.08 |
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Taiga Building to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Taiga Stock
Taiga Building financial ratios help investors to determine whether Taiga Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Taiga with respect to the benefits of owning Taiga Building security.