Tecsys Financial Statements From 2010 to 2024
| TCYSF Stock | USD 33.28 1.48 4.65% |
Check Tecsys financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tecsys' main balance sheet or income statement drivers, such as , as well as many indicators such as . Tecsys financial statements analysis is a perfect complement when working with Tecsys Valuation or Volatility modules.
Tecsys |
Tecsys Inc Company Return On Equity Analysis
Tecsys' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Tecsys Return On Equity | 0.0637 |
Most of Tecsys' fundamental indicators, such as Return On Equity, 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, Tecsys Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Tecsys Inc has a Return On Equity of 0.0637. This is 100.53% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The return on equity for all United States stocks is 120.55% lower than that of the firm.
Tecsys Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tecsys's current stock value. Our valuation model uses many indicators to compare Tecsys value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tecsys competition to find correlations between indicators driving Tecsys's intrinsic value. More Info.Tecsys Inc is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tecsys Inc is roughly 3.48 . 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 Tecsys' earnings, one of the primary drivers of an investment's value.About Tecsys Financial Statements
Tecsys stakeholders use historical fundamental indicators, such as Tecsys' revenue or net income, to determine how well the company is positioned to perform in the future. Although Tecsys investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tecsys' assets and liabilities are reflected in the revenues and expenses on Tecsys' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tecsys Inc. Please read more on our technical analysis and fundamental analysis pages.
Tecsys Inc. engages in the development, marketing, and sale of enterprise-wide supply chain management software and related services in Canada, the United States, Europe, and internationally. Tecsys Inc. was incorporated in 1983 and is headquartered in Montreal, Canada. TECSYS INC operates under SoftwareApplication classification in the United States and is traded on OTC Exchange.
Currently Active Assets on Macroaxis
Other Information on Investing in Tecsys Pink Sheet
Tecsys financial ratios help investors to determine whether Tecsys Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tecsys with respect to the benefits of owning Tecsys security.