Toughbuilt Industries Stock Analysis

Toughbuilt Stock Analysis Notes

About 20.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.23. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Toughbuilt Industries recorded a loss per share of 197.6. The entity last dividend was issued on the 15th of April 2020. The firm had 1:65 split on the 2nd of January 2024. ToughBuilt Industries, Inc. designs, develops, manufactures, and distributes home improvement and construction products for the building industry in the United States and internationally. ToughBuilt Industries, Inc. was incorporated in 2012 and is based in Lake Forest, California. Toughbuilt Industries operates under Tools Accessories classification in the United States and is traded on NASDAQ Exchange. It employs 185 people. To find out more about Toughbuilt Industries contact the company at 949-528-3100 or learn more at https://www.toughbuilt.com.

Toughbuilt Industries Investment Alerts

Toughbuilt Industries Upcoming and Recent Events

Toughbuilt Largest EPS Surprises

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Toughbuilt Industries Environmental, Social, and Governance (ESG) Scores

Toughbuilt Industries Thematic Classifications

Toughbuilt Stock Institutional Investors

Note, although Toughbuilt Industries' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Toughbuilt Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.22 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Toughbuilt Industries's market, we take the total number of its shares issued and multiply it by Toughbuilt Industries'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.

Toughbuilt Profitablity

The company has Profit Margin (PM) of (0.57) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.51) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.51.

Management Efficiency

Toughbuilt Industries has return on total asset (ROA) of (0.4181) % which means that it has lost $0.4181 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.7669) %, meaning that it created substantial loss on money invested by shareholders. Toughbuilt Industries' management efficiency ratios could be used to measure how well Toughbuilt Industries manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.26 in 2024. Return On Capital Employed is likely to drop to -1.9 in 2024. Total Current Liabilities is likely to gain to about 61.3 M in 2024. Liabilities And Stockholders Equity is likely to gain to about 101.3 M in 2024

Technical Drivers

As of the 17th of May 2024, Toughbuilt Industries has the Variance of 32.0, coefficient of variation of (1,323), and Risk Adjusted Performance of (0.04). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Toughbuilt Industries, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for Toughbuilt Industries, which can be compared to its competition. Please validate Toughbuilt Industries market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Toughbuilt Industries is priced more or less accurately, providing market reflects its prevalent price of 3.0 per share. Given that Toughbuilt Industries has information ratio of (0.09), we advise you to double-check Toughbuilt Industries's current market performance to make sure the company can sustain itself at a future point.

Toughbuilt Industries Price Movement Analysis

Toughbuilt Industries Insider Trading Activities

Toughbuilt Industries Predictive Daily Indicators

Toughbuilt Industries Corporate Filings

Toughbuilt Industries Forecast Models

Toughbuilt Industries' time-series forecasting models are one of many Toughbuilt Industries' 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 Toughbuilt Industries' 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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Toughbuilt Industries 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 Toughbuilt 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 Toughbuilt Industries. By using and applying Toughbuilt Stock analysis, traders can create a robust methodology for identifying Toughbuilt entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Toughbuilt analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Toughbuilt analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Toughbuilt Industries stock analysis indicators help investors evaluate how Toughbuilt Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Toughbuilt Industries shares will generate the highest return on investment. By understating and applying Toughbuilt Industries stock analysis, traders can identify Toughbuilt Industries position entry and exit signals to maximize returns.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toughbuilt Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Toughbuilt Stock please use our How to Invest in Toughbuilt Industries guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

When running Toughbuilt Industries' price analysis, check to measure Toughbuilt Industries' 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 Toughbuilt Industries is operating at the current time. Most of Toughbuilt Industries' value examination focuses on studying past and present price action to predict the probability of Toughbuilt Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toughbuilt Industries' price. Additionally, you may evaluate how the addition of Toughbuilt Industries to your portfolios can decrease your overall portfolio volatility.

Is Toughbuilt Industries' industry 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 Toughbuilt Industries. If investors know Toughbuilt 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 Toughbuilt Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Toughbuilt Industries is measured differently than its book value, which is the value of Toughbuilt that is recorded on the company's balance sheet. Investors also form their own opinion of Toughbuilt Industries' value that differs from its market value or its book value, called intrinsic value, which is Toughbuilt Industries' 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 Toughbuilt Industries' market value can be influenced by many factors that don't directly affect Toughbuilt Industries' 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 Toughbuilt Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Toughbuilt Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toughbuilt Industries' 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.