Please exercise analysis of Taiga Building fundamentals to determine if markets are correctly pricing the firm. We were able to break down and interpolate thirty-two available drivers for Taiga Building Products, which can be compared to its competition. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Taiga Building to be traded at C$3.7 in 90 days. Key indicators impacting Taiga Building's financial strength include:
Taiga Building competes with Goodfellow, Conifex Timber, Supremex, Western Forest, and Interfor Corp. Taiga Building Products Ltd. operates as a wholesale distributor of building products in Canada and the United States. As of September 29, 2018, Taiga Building Products Ltd. operates as a subsidiary of Avarga Limited. TAIGA BUILDING operates under Home Improvement Stores classification in Canada and is traded on Toronto Stock Exchange. It employs 574 people.
You should never invest in Taiga Building without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Taiga Stock, because this is throwing your money away. Analyzing the key information contained in Taiga Building's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Taiga Building Key Financial Ratios
Taiga Building's financial ratios allow both analysts and investors to convert raw data from Taiga Building's financial statements into concise, actionable information that can be used to evaluate the performance of Taiga Building over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Taiga Building's current stock value. Our valuation model uses many indicators to compare Taiga Building value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Taiga Building competition to find correlations between indicators driving Taiga Building's intrinsic value. More Info.
Taiga Building Products 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 0.50 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Taiga Building Products is roughly 1.99 . At this time, Taiga Building's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Taiga Building by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Taiga Building'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.
Taiga Building Products Systematic Risk
Taiga Building's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Taiga Building volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Taiga Building Products correlated with the market. If Beta is less than 0 Taiga Building generally moves in the opposite direction as compared to the market. If Taiga Building Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Taiga Building Products is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Taiga Building is generally in the same direction as the market. If Beta > 1 Taiga Building moves generally in the same direction as, but more than the movement of the benchmark.
Taiga Building Products Total Assets Over Time
Today, most investors in Taiga Building Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Taiga Building's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Taiga Building growth as a starting point in their analysis.
Taiga Building December 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Taiga Building help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Taiga Building Products. We use our internally-developed statistical techniques to arrive at the intrinsic value of Taiga Building Products based on widely used predictive technical indicators. In general, we focus on analyzing Taiga Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Taiga Building's daily price indicators and compare them against related drivers.
Taiga Building financial ratios help investors to determine whether Taiga 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 Taiga with respect to the benefits of owning Taiga Building security.