TGS Financial Statements From 2010 to 2024
| TGSAS Stock | TRY 79.45 4.45 5.93% |
Check TGS Dis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TGS main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . TGS financial statements analysis is a perfect complement when working with TGS Dis Valuation or Volatility modules.
TGS |
TGS Dis Ticaret Company Return On Equity Analysis
TGS Dis' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current TGS Dis Return On Equity | 0.23 |
Most of TGS Dis' fundamental indicators, such as Return On Equity, 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, TGS Dis Ticaret is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, TGS Dis Ticaret has a Return On Equity of 0.2269. This is 48.43% lower than that of the Trading Companies & Distributors sector and notably lower than that of the Industrials industry. The return on equity for all Turkey stocks is 173.19% lower than that of the firm.
TGS Dis Ticaret Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TGS Dis's current stock value. Our valuation model uses many indicators to compare TGS Dis value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TGS Dis competition to find correlations between indicators driving TGS Dis's intrinsic value. More Info.TGS Dis Ticaret is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies reporting about 0.01 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TGS Dis Ticaret is roughly 90.76 . Comparative valuation analysis is a catch-all model that can be used if you cannot value TGS Dis by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for TGS Dis' Stock. 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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TGS Dis' earnings, one of the primary drivers of an investment's value.About TGS Dis Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include TGS Dis income statement, its balance sheet, and the statement of cash flows. TGS Dis investors use historical funamental indicators, such as TGS Dis's revenue or net income, to determine how well the company is positioned to perform in the future. Although TGS Dis investors may use each financial statement separately, they are all related. The changes in TGS Dis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TGS Dis'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 TGS Dis Financial Statements. Understanding these patterns can help to make the right decision on long term investment in TGS Dis. Please read more on our technical analysis and fundamental analysis pages.
TGS Dis Ticaret Anonim Sirketi provides brokering services for export activities of manufacturing and trade companies operating in Turkey. TGS Dis Ticaret Anonim Sirketi was founded in 1999 and is based in Istanbul, Turkey. TGS DIS is traded on Istanbul Stock Exchange in Turkey.
Pair Trading with TGS Dis
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 TGS Dis 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 TGS Dis will appreciate offsetting losses from the drop in the long position's value.Moving together with TGS Stock
| 0.63 | SAHOL | Haci Omer Sabanci | PairCorr |
| 0.7 | AGHOL | AG Anadolu Group | PairCorr |
Moving against TGS Stock
| 0.63 | SOKM | Sok Marketler Ticaret | PairCorr |
The ability to find closely correlated positions to TGS Dis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TGS Dis 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 TGS Dis - 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 TGS Dis Ticaret to buy it.
The correlation of TGS Dis 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 TGS Dis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TGS Dis Ticaret 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 TGS Dis 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.Check out the analysis of TGS Dis Correlation against competitors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for TGS Stock analysis
When running TGS Dis' price analysis, check to measure TGS Dis' 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 TGS Dis is operating at the current time. Most of TGS Dis' value examination focuses on studying past and present price action to predict the probability of TGS Dis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TGS Dis' price. Additionally, you may evaluate how the addition of TGS Dis to your portfolios can decrease your overall portfolio volatility.
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