Techtronic Industries Stock Return On Asset

TTNDF Stock  USD 13.16  0.51  4.03%   
Techtronic Industries fundamentals help investors to digest information that contributes to Techtronic Industries' financial success or failures. It also enables traders to predict the movement of Techtronic Pink Sheet. The fundamental analysis module provides a way to measure Techtronic Industries' 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 Techtronic Industries pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Techtronic Industries Company Return On Asset Analysis

Techtronic Industries' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Techtronic Industries Return On Asset

    
  0.0601  
Most of Techtronic Industries' fundamental indicators, such as Return On Asset, 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, Techtronic Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Techtronic Industries has a Return On Asset of 0.0601. This is 111.78% lower than that of the Industrials sector and 98.51% lower than that of the Tools & Accessories industry. The return on asset for all United States stocks is 142.93% lower than that of the firm.

Techtronic Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Techtronic Industries' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Techtronic Industries could also be used in its relative valuation, which is a method of valuing Techtronic Industries by comparing valuation metrics of similar companies.
Techtronic Industries is currently under evaluation in return on asset category among related companies.

Techtronic Fundamentals

About Techtronic Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Techtronic Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Techtronic Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Techtronic Industries 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 Techtronic Industries 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, Techtronic Industries' short interest history, or implied volatility extrapolated from Techtronic Industries options trading.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Techtronic 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 unemployment.
Note that the Techtronic Industries information on this page should be used as a complementary analysis to other Techtronic Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Techtronic Pink Sheet analysis

When running Techtronic Industries' price analysis, check to measure Techtronic 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 Techtronic Industries is operating at the current time. Most of Techtronic Industries' value examination focuses on studying past and present price action to predict the probability of Techtronic Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Techtronic Industries' price. Additionally, you may evaluate how the addition of Techtronic Industries to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Techtronic Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Techtronic Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Techtronic 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.