Toyobo Co Book Value Per Share vs. Total Asset

TYOBY Stock  USD 7.49  0.24  3.31%   
Considering Toyobo Co's profitability and operating efficiency indicators, Toyobo Co may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Toyobo Co's ability to earn profits and add value for shareholders.
For Toyobo Co profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Toyobo Co to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Toyobo Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Toyobo Co's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Toyobo Co over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Toyobo Co's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toyobo Co is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toyobo Co'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.

Toyobo Co Total Asset vs. Book Value Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Toyobo Co's current stock value. Our valuation model uses many indicators to compare Toyobo Co value to that of its competitors to determine the firm's financial worth.
Toyobo Co is currently regarded as top stock in book value per share category among related companies. It is currently regarded as top stock in total asset category among related companies fabricating about  228,717,251  of Total Asset per Book Value Per Share. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Toyobo Co by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Toyobo Co's Pink Sheet . 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 Toyobo Co's earnings, one of the primary drivers of an investment's value.

Toyobo Total Asset vs. Book Value Per Share

Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Toyobo Co

Book Value per Share

 = 

Common Equity

Average Shares

 = 
2,264 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Toyobo Co

Total Asset

 = 

Tangible Assets

+

Intangible Assets

 = 
517.77 B
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

Toyobo Total Asset Comparison

Toyobo is currently under evaluation in total asset category among related companies.

Toyobo Co Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Toyobo Co, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Toyobo Co will eventually generate negative long term returns. The profitability progress is the general direction of Toyobo Co's change in net profit over the period of time. It can combine multiple indicators of Toyobo Co, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Toyobo Co., Ltd. provides films and functional polymers, industrial materials, and healthcare and textile products worldwide. Toyobo Co., Ltd. was founded in 1882 and is headquartered in Osaka, Japan. TOYOBO CO operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 10503 people.

Toyobo Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Toyobo Co. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Toyobo Co position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Toyobo Co's important profitability drivers and their relationship over time.

Use Toyobo Co in pair-trading

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 Toyobo Co 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 Toyobo Co will appreciate offsetting losses from the drop in the long position's value.

Toyobo Co Pair Trading

Toyobo Co Pair Trading Analysis

The ability to find closely correlated positions to Toyobo Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toyobo Co 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 Toyobo Co - 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 Toyobo Co to buy it.
The correlation of Toyobo Co 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 Toyobo Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toyobo Co 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 Toyobo Co 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Toyobo Co position

In addition to having Toyobo Co in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Gold and Gold Mining Thematic Idea Now

Gold and Gold Mining
Gold and Gold Mining Theme
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 94 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gold and Gold Mining Theme or any other thematic opportunities.
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Note that the Toyobo Co information on this page should be used as a complementary analysis to other Toyobo Co's 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Toyobo Pink Sheet analysis

When running Toyobo Co's price analysis, check to measure Toyobo Co'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 Toyobo Co is operating at the current time. Most of Toyobo Co's value examination focuses on studying past and present price action to predict the probability of Toyobo Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toyobo Co's price. Additionally, you may evaluate how the addition of Toyobo Co to your portfolios can decrease your overall portfolio volatility.
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To fully project Toyobo Co's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Toyobo Co at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Toyobo Co's income statement, its balance sheet, and the statement of cash flows.
Potential Toyobo Co investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Toyobo Co investors may work on each financial statement separately, they are all related. The changes in Toyobo Co's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Toyobo Co'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.