Tetra Technologies Price to Earning vs. Price to Sales

TTI Stock  USD 4.43  0.01  0.23%   
Based on Tetra Technologies' profitability indicators, Tetra Technologies is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in April. Profitability indicators assess Tetra Technologies' ability to earn profits and add value for shareholders. As of now, Tetra Technologies' Price To Sales Ratio is decreasing as compared to previous years. The Tetra Technologies' current Days Of Sales Outstanding is estimated to increase to 95.89, while Operating Cash Flow Sales Ratio is projected to decrease to 0.08. As of now, Tetra Technologies' Net Income Applicable To Common Shares is increasing as compared to previous years. The Tetra Technologies' current Net Income From Continuing Ops is estimated to increase to about 29.3 M, while Accumulated Other Comprehensive Income is forecasted to increase to (43 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.280.2262
Fairly Up
Very volatile
For Tetra Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tetra Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tetra Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tetra Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tetra Technologies over time as well as its relative position and ranking within its peers.
  
Check out World Market Map.
For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.
Is Tetra Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tetra Technologies. If investors know Tetra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tetra Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
17.316
Earnings Share
0.2
Revenue Per Share
4.833
Quarterly Revenue Growth
0.039
Return On Assets
0.0576
The market value of Tetra Technologies is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tetra Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tetra Technologies' market value can be influenced by many factors that don't directly affect Tetra Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tetra Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Technologies' 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.

Tetra Technologies Price to Sales vs. Price to Earning Fundamental Analysis

Tetra Price to Sales vs. Price to Earning

Tetra Technologies

 = 
null

Tetra Technologies

 = 
null

Use Tetra Technologies 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 Tetra Technologies 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 Tetra Technologies will appreciate offsetting losses from the drop in the long position's value.

Tetra Technologies Pair Trading

Tetra Technologies Pair Trading Analysis

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

In addition to having Tetra Technologies 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 Utilities Thematic Idea Now

Utilities
Utilities Theme
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 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 Utilities Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Tetra Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tetra Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tetra Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tetra Technologies Stock:
Check out World Market Map.
For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Tetra Stock analysis

When running Tetra Technologies' price analysis, check to measure Tetra Technologies' 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 Tetra Technologies is operating at the current time. Most of Tetra Technologies' value examination focuses on studying past and present price action to predict the probability of Tetra Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tetra Technologies' price. Additionally, you may evaluate how the addition of Tetra Technologies to your portfolios can decrease your overall portfolio volatility.
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Transaction History
View history of all your transactions and understand their impact on performance
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
To fully project Tetra Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tetra Technologies 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 Tetra Technologies' income statement, its balance sheet, and the statement of cash flows.
Potential Tetra Technologies investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Tetra Technologies investors may work on each financial statement separately, they are all related. The changes in Tetra Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tetra Technologies'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.