Techtronic Industries Stock Z Score
TTNDF Stock | USD 12.95 0.09 0.69% |
Techtronic |
Techtronic Z Score Analysis
Techtronic Industries' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Current Techtronic Industries Z Score | 15.4 |
Most of Techtronic Industries' fundamental indicators, such as Z Score, 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.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition |
Based on the company's disclosures, Techtronic Industries has a Z Score of 15.4. This is 278.38% higher than that of the Industrials sector and 282.13% higher than that of the Tools & Accessories industry. The z score for all United States stocks is 76.61% lower than that of the firm.
Techtronic Z Score 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 Z Score 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 z score category among related companies.
Techtronic Fundamentals
Return On Equity | 0.25 | |||
Return On Asset | 0.0601 | |||
Profit Margin | 0.08 % | |||
Operating Margin | 0.09 % | |||
Current Valuation | 24.63 B | |||
Shares Outstanding | 1.83 B | |||
Shares Owned By Insiders | 25.20 % | |||
Shares Owned By Institutions | 43.28 % | |||
Price To Earning | 27.03 X | |||
Price To Book | 4.60 X | |||
Price To Sales | 1.62 X | |||
Revenue | 13.2 B | |||
Gross Profit | 5.12 B | |||
EBITDA | 1.65 B | |||
Net Income | 1.1 B | |||
Cash And Equivalents | 1.67 B | |||
Cash Per Share | 0.91 X | |||
Total Debt | 1.03 B | |||
Debt To Equity | 0.78 % | |||
Current Ratio | 1.41 X | |||
Book Value Per Share | 2.75 X | |||
Cash Flow From Operations | (100.94 M) | |||
Earnings Per Share | 0.63 X | |||
Number Of Employees | 47.57 K | |||
Beta | 1.44 | |||
Market Capitalization | 25.52 B | |||
Total Asset | 13.01 B | |||
Retained Earnings | 1.73 B | |||
Working Capital | 978 M | |||
Current Asset | 3.21 B | |||
Current Liabilities | 2.24 B | |||
Z Score | 15.4 | |||
Annual Yield | 0.02 % | |||
Five Year Return | 1.25 % | |||
Net Asset | 13.01 B | |||
Last Dividend Paid | 0.25 |
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.Techtronic Industries Company Limited engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floorcare and cleaning products worldwide. The company was founded in 1985 and is based in Kwai Chung, Hong Kong. Techtronic Inds operates under Tools Accessories classification in the United States and is traded on OTC Exchange. It employs 47568 people.
Currently Active Assets on Macroaxis
Check out Techtronic Industries Piotroski F Score and Techtronic Industries Valuation analysis. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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