Tofas Turk Financials
We advise to exercise Tofas Turk fundamental analysis to find out if markets are presently mispricing the firm. In other words this technique allows you to confirm available indicators of Tofas Turk Otomobil as well as the relationship between them. We were able to break down and interpolate data for thirty-eight available drivers for Tofas Turk Otomobil, which can be compared to its competition.
Tofas |
Understanding current and past Tofas Turk Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tofas Turk's financial statements are interrelated, with each one affecting the others. For example, an increase in Tofas Turk's assets may result in an increase in income on the income statement.
The data published in Tofas Turk's official financial statements usually reflect Tofas Turk's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Tofas Turk Otomobil. For example, before you start analyzing numbers published by Tofas accountants, it's critical to develop an understanding of what Tofas Turk's liquidity, profitability, and earnings quality are in the context of the Automobiles space in which it operates.
Please note, the presentation of Tofas Turk's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tofas Turk's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Tofas Turk's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tofas Turk Otomobil. Please utilize our Beneish M Score to check the likelihood of Tofas Turk's management manipulating its earnings.
Tofas Turk Stock Summary
Tofas Turk competes with Ford Otomotiv, Eregli Demir, Turkiye Petrol, and Turkiye Sise. Tofas Trk Otomobil Fabrikasi A.S. manufactures and sells passenger cars and light commercial vehicles in Turkey. The company was founded in 1968 and is headquartered in Istanbul, Turkey. TOFAS OTO operates under Auto Manufacturers classification in Turkey and is traded on Istanbul Stock Exchange. It employs 7583 people.| Instrument | Turkey Stock View All |
| Exchange | Istanbul Stock Exchange |
| ISIN | TRATOASO91H3 |
| Business Address | BUeyUekdere Cad No |
| Sector | Automobiles |
| Industry | Consumer Discretionary |
| Benchmark | NYSE Composite |
| Website | www.tofas.com.tr |
| Phone | 90 212 275 33 90 |
| Currency | TRY - Turkish Lira |
You should never invest in Tofas Turk without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Tofas Stock, because this is throwing your money away. Analyzing the key information contained in Tofas Turk's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Tofas Turk Key Financial Ratios
Generally speaking, Tofas Turk's financial ratios allow both analysts and investors to convert raw data from Tofas Turk's financial statements into concise, actionable information that can be used to evaluate the performance of Tofas Turk over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Tofas Turk Otomobil reports annually and quarterly.Tofas Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tofas Turk's current stock value. Our valuation model uses many indicators to compare Tofas Turk value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tofas Turk competition to find correlations between indicators driving Tofas Turk's intrinsic value. More Info.Tofas Turk Otomobil 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 0.19 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tofas Turk Otomobil is roughly 5.37 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tofas Turk by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tofas Turk's 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 Tofas Turk's earnings, one of the primary drivers of an investment's value.Tofas Turk Market Pulse
| Quote | 308.75 |
| Change(%) | 2.53 |
| Change | 9.50 |
| Open | 316.75 |
| Low | 308.75 |
| High | 326.0 |
| Volume | 0 |
| Exchange | IS |
About Tofas Turk Financials
What exactly are Tofas Turk Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Tofas Turk's income statement, its balance sheet, and the statement of cash flows. Potential Tofas Turk investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Tofas Turk investors may use each financial statement separately, they are all related. The changes in Tofas Turk's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tofas Turk'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. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Tofas Turk Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Tofas Turk is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Tofas has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Tofas Turk's financials are consistent with your investment objective using the following steps:- Review Tofas Turk's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Tofas Turk's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Tofas Turk's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Tofas Turk's stock is overvalued or undervalued.
Tofas Turk June 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tofas Turk help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tofas Turk Otomobil. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tofas Turk Otomobil based on widely used predictive technical indicators. In general, we focus on analyzing Tofas Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tofas Turk's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.96 | |||
| Information Ratio | 0.179 | |||
| Maximum Drawdown | 10.36 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 4.53 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tofas Turk Otomobil. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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When running Tofas Turk's price analysis, check to measure Tofas Turk'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 Tofas Turk is operating at the current time. Most of Tofas Turk's value examination focuses on studying past and present price action to predict the probability of Tofas Turk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tofas Turk's price. Additionally, you may evaluate how the addition of Tofas Turk to your portfolios can decrease your overall portfolio volatility.
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