TFI Return On Tangible Assets from 2010 to 2024

TFII Stock  USD 136.90  0.98  0.71%   
TFI International's Return On Tangible Assets are increasing with slightly volatile movements from year to year. Return On Tangible Assets are predicted to flatten to 0.08. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.11839569
Current Value
0.08
Quarterly Volatility
0.07981253
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TFI International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TFI main balance sheet or income statement drivers, such as Depreciation And Amortization of 464.1 M, Interest Expense of 110.3 M or Total Revenue of 7.9 B, as well as many exotic indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0098 or PTB Ratio of 8.54. TFI financial statements analysis is a perfect complement when working with TFI International Valuation or Volatility modules.
  
This module can also supplement TFI International's financial leverage analysis and stock options assessment as well as various TFI International Technical models . Check out the analysis of TFI International Correlation against competitors.
For more detail on how to invest in TFI Stock please use our How to Invest in TFI International guide.

Latest TFI International's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of TFI International over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. TFI International's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TFI International's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

TFI Return On Tangible Assets Regression Statistics

Arithmetic Mean0.12
Coefficient Of Variation68.62
Mean Deviation0.05
Median0.12
Standard Deviation0.08
Sample Variance0.01
Range0.3554
R-Value0.44
Mean Square Error0.01
R-Squared0.19
Significance0.10
Slope0.01
Total Sum of Squares0.09

TFI Return On Tangible Assets History

2024 0.08
2022 0.21
2021 0.19
2020 0.13
2018 0.14
2017 0.0834
2016 0.31

About TFI International Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include TFI International income statement, its balance sheet, and the statement of cash flows. TFI International investors use historical funamental indicators, such as TFI International's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although TFI International investors may use each financial statement separately, they are all related. The changes in TFI International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TFI International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on TFI International Financial Statements. Understanding these patterns can help to make the right decision on long term investment in TFI International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.12  0.08 

Currently Active Assets on Macroaxis

When determining whether TFI International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TFI International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tfi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tfi International Stock:
Check out the analysis of TFI International Correlation against competitors.
For more detail on how to invest in TFI Stock please use our How to Invest in TFI International guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for TFI Stock analysis

When running TFI International's price analysis, check to measure TFI International'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 TFI International is operating at the current time. Most of TFI International's value examination focuses on studying past and present price action to predict the probability of TFI International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TFI International's price. Additionally, you may evaluate how the addition of TFI International to your portfolios can decrease your overall portfolio volatility.
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Is TFI International's 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 TFI International. If investors know TFI 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 TFI International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Dividend Share
1.5
Earnings Share
5.62
Revenue Per Share
88.331
Quarterly Revenue Growth
0.011
The market value of TFI International is measured differently than its book value, which is the value of TFI that is recorded on the company's balance sheet. Investors also form their own opinion of TFI International's value that differs from its market value or its book value, called intrinsic value, which is TFI International's 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 TFI International's market value can be influenced by many factors that don't directly affect TFI International's 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 TFI International's value and its price as these two are different measures arrived at by different means. Investors typically determine if TFI International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TFI International's 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.