Top Glove Financials
| TPGVF Stock | USD 0.25 0.02 8.70% |
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Understanding current and past Top Glove Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Top Glove's financial statements are interrelated, with each one affecting the others. For example, an increase in Top Glove's assets may result in an increase in income on the income statement.
Top Glove Stock Summary
Top Glove competes with Sysmex Corp, Coloplast, Essilor International, Coloplast, and Hoya Corp. Top Glove Corporation Bhd., an investment holding company, researches, develops, manufactures, and trades in gloves and rubber goods in Malaysia. Top Glove Corporation Bhd. was founded in 1991 and is headquartered in Shah Alam, Malaysia. Top Glove operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 17700 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | Top Glove Tower, |
| Sector | Healthcare |
| Industry | Medical Instruments & Supplies |
| Benchmark | Dow Jones Industrial |
| Website | www.topglove.com |
| Phone | 60 3 3362 3098 |
| Currency | USD - US Dollar |
Top Glove Key Financial Ratios
There are many critical financial ratios that Top Glove's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Top Glove reports annually and quarterly.| Return On Equity | -0.0115 | |||
| Return On Asset | -0.0117 | |||
| Beta | 0.34 | |||
| Z Score | 9.6 |
Top Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Top Glove's current stock value. Our valuation model uses many indicators to compare Top Glove value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Top Glove competition to find correlations between indicators driving Top Glove's intrinsic value. More Info.Top Glove is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . 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 Top Glove's earnings, one of the primary drivers of an investment's value.Top Glove Systematic Risk
Top Glove's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Top Glove 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.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Top Glove correlated with the market. If Beta is less than 0 Top Glove generally moves in the opposite direction as compared to the market. If Top Glove Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Top Glove is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Top Glove is generally in the same direction as the market. If Beta > 1 Top Glove moves generally in the same direction as, but more than the movement of the benchmark.
Top Glove November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Top Glove help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Top Glove. We use our internally-developed statistical techniques to arrive at the intrinsic value of Top Glove based on widely used predictive technical indicators. In general, we focus on analyzing Top Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Top Glove's daily price indicators and compare them against related drivers.
| Information Ratio | 0.032 | |||
| Maximum Drawdown | 40.82 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 9.52 |
Complementary Tools for Top Pink Sheet analysis
When running Top Glove's price analysis, check to measure Top Glove'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 Top Glove is operating at the current time. Most of Top Glove's value examination focuses on studying past and present price action to predict the probability of Top Glove's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top Glove's price. Additionally, you may evaluate how the addition of Top Glove to your portfolios can decrease your overall portfolio volatility.
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