Tedea Financial Statements From 2010 to 2024
| TEDE Stock | ILA 576.50 10.60 1.87% |
Check Tedea Technological financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tedea Technological's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tedea financial statements analysis is a perfect complement when working with Tedea Technological Valuation or Volatility modules.
Tedea |
Tedea Technological Development Company Return On Equity Analysis
Tedea Technological's 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 Tedea Technological Return On Equity | 0.37 |
Most of Tedea Technological's 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, Tedea Technological Development 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, Tedea Technological Development has a Return On Equity of 0.3711. This is 103.08% lower than that of the Electronic Equipment, Instruments & Components sector and 102.97% lower than that of the Information Technology industry. The return on equity for all Israel stocks is notably lower than that of the firm.
Tedea Technological Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tedea Technological's current stock value. Our valuation model uses many indicators to compare Tedea Technological value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tedea Technological competition to find correlations between indicators driving Tedea Technological's intrinsic value. More Info.Tedea Technological Development 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 0.24 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tedea Technological Development is roughly 4.13 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tedea Technological by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tedea Technological's Stock. 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.About Tedea Technological Financial Statements
Tedea Technological stakeholders use historical fundamental indicators, such as Tedea Technological's revenue or net income, to determine how well the company is positioned to perform in the future. Although Tedea Technological investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tedea Technological's assets and liabilities are reflected in the revenues and expenses on Tedea Technological's 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 Tedea Technological Development. Please read more on our technical analysis and fundamental analysis pages.
Tedea Technological Development and Automation Ltd., through its subsidiaries, engages in processing chips in Israel. The company was founded in 1969 and is based in Herzliya, Israel. TEDEA TECH operates under Electronic Components classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 55 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Tedea Stock
Tedea Technological financial ratios help investors to determine whether Tedea Stock 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 Tedea with respect to the benefits of owning Tedea Technological security.