Tecsys Inc Stock Retained Earnings
| TCS Stock | CAD 36.00 0.83 2.25% |
TECSYS Inc fundamentals help investors to digest information that contributes to TECSYS's financial success or failures. It also enables traders to predict the movement of TECSYS Stock. The fundamental analysis module provides a way to measure TECSYS's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TECSYS stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | 12.5 M | 13.1 M |
TECSYS | Retained Earnings |
TECSYS Inc Company Retained Earnings Analysis
TECSYS's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current TECSYS Retained Earnings | 10.83 M |
Most of TECSYS's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TECSYS Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
TECSYS Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for TECSYS is extremely important. It helps to project a fair market value of TECSYS Stock properly, considering its historical fundamentals such as Retained Earnings. Since TECSYS's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TECSYS's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TECSYS's interrelated accounts and indicators.
Click cells to compare fundamentals
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, TECSYS Inc has a Retained Earnings of 10.83 M. This is 99.97% lower than that of the Software sector and 95.26% lower than that of the Information Technology industry. The retained earnings for all Canada stocks is 99.88% higher than that of the company.
TECSYS Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TECSYS's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TECSYS could also be used in its relative valuation, which is a method of valuing TECSYS by comparing valuation metrics of similar companies.TECSYS is currently under evaluation in retained earnings category among related companies.
TECSYS Current Valuation Drivers
We derive many important indicators used in calculating different scores of TECSYS from analyzing TECSYS's financial statements. These drivers represent accounts that assess TECSYS's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of TECSYS's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 304.4M | 651.4M | 379.5M | 389.0M | 350.1M | 367.6M | |
| Enterprise Value | 297.8M | 644.4M | 370.8M | 370.6M | 333.6M | 350.3M |
TECSYS Fundamentals
| Return On Equity | 0.0286 | ||||
| Return On Asset | 0.0195 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 498.26 M | ||||
| Shares Outstanding | 14.91 M | ||||
| Shares Owned By Insiders | 17.12 % | ||||
| Shares Owned By Institutions | 34.71 % | ||||
| Number Of Shares Shorted | 272.36 K | ||||
| Price To Earning | 190.27 X | ||||
| Price To Book | 7.78 X | ||||
| Price To Sales | 3.32 X | ||||
| Revenue | 152.42 M | ||||
| Gross Profit | 57.76 M | ||||
| EBITDA | 7.99 M | ||||
| Net Income | 2.09 M | ||||
| Cash And Equivalents | 23 M | ||||
| Cash Per Share | 1.14 X | ||||
| Total Debt | 14.24 M | ||||
| Debt To Equity | 30.00 % | ||||
| Current Ratio | 1.24 X | ||||
| Book Value Per Share | 4.89 X | ||||
| Cash Flow From Operations | 7.76 M | ||||
| Short Ratio | 12.16 X | ||||
| Earnings Per Share | 0.14 X | ||||
| Target Price | 46.6 | ||||
| Beta | 0.68 | ||||
| Market Capitalization | 536.67 M | ||||
| Total Asset | 126.92 M | ||||
| Retained Earnings | 10.83 M | ||||
| Working Capital | 23.94 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.22 % | ||||
| Net Asset | 126.92 M | ||||
| Last Dividend Paid | 0.31 |
About TECSYS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TECSYS Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TECSYS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TECSYS Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards TECSYS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, TECSYS's short interest history, or implied volatility extrapolated from TECSYS options trading.
Currently Active Assets on Macroaxis
| LAAC | Lithium Americas Corp | |
| F | Ford Motor | |
| CHPT | ChargePoint Holdings | |
| AXL | American Axle Manufacturing | |
| ICLN | iShares Global Clean |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TECSYS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for TECSYS Stock analysis
When running TECSYS's price analysis, check to measure TECSYS'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 TECSYS is operating at the current time. Most of TECSYS's value examination focuses on studying past and present price action to predict the probability of TECSYS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TECSYS's price. Additionally, you may evaluate how the addition of TECSYS to your portfolios can decrease your overall portfolio volatility.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |