Tfi International Stock Return On Equity
| TFII Stock | CAD 213.17 2.87 1.36% |
TFI International fundamentals help investors to digest information that contributes to TFI International's financial success or failures. It also enables traders to predict the movement of TFI Stock. The fundamental analysis module provides a way to measure TFI International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TFI International stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.19 | 0.14 |
TFI | Return On Equity |
TFI International Company Return On Equity Analysis
TFI International'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 TFI International Return On Equity | 0.17 |
Most of TFI International'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, TFI International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
TFI Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for TFI International is extremely important. It helps to project a fair market value of TFI Stock properly, considering its historical fundamentals such as Return On Equity. Since TFI International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TFI International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TFI International's interrelated accounts and indicators.
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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.
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TFI Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, TFI International has a Return On Equity of 0.1749. This is 60.25% lower than that of the Ground Transportation sector and 96.24% lower than that of the Industrials industry. The return on equity for all Canada stocks is 156.42% lower than that of the firm.
TFI Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TFI International's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TFI International could also be used in its relative valuation, which is a method of valuing TFI International by comparing valuation metrics of similar companies.TFI International is currently under evaluation in return on equity category among its peers.
TFI International Current Valuation Drivers
We derive many important indicators used in calculating different scores of TFI International from analyzing TFI International's financial statements. These drivers represent accounts that assess TFI International's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of TFI International's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.6B | 4.6B | 10.4B | 8.9B | 11.7B | 12.3B | |
| Enterprise Value | 5.4B | 5.8B | 12.5B | 10.5B | 13.7B | 14.4B |
TFI Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0699 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 22.4 B | ||||
| Shares Outstanding | 84.63 M | ||||
| Shares Owned By Insiders | 5.96 % | ||||
| Shares Owned By Institutions | 74.68 % | ||||
| Number Of Shares Shorted | 409.9 K | ||||
| Price To Earning | 16.41 X | ||||
| Price To Book | 4.68 X | ||||
| Price To Sales | 2.18 X | ||||
| Revenue | 7.52 B | ||||
| Gross Profit | 1.86 B | ||||
| EBITDA | 1.19 B | ||||
| Net Income | 504.88 M | ||||
| Cash And Equivalents | 147.12 M | ||||
| Cash Per Share | 3.98 X | ||||
| Total Debt | 2.34 B | ||||
| Debt To Equity | 0.77 % | ||||
| Current Ratio | 1.17 X | ||||
| Book Value Per Share | 32.52 X | ||||
| Cash Flow From Operations | 1.01 B | ||||
| Short Ratio | 2.44 X | ||||
| Earnings Per Share | 7.70 X | ||||
| Price To Earnings To Growth | 1.63 X | ||||
| Target Price | 153.45 | ||||
| Number Of Employees | 25.12 K | ||||
| Beta | 1.38 | ||||
| Market Capitalization | 18.04 B | ||||
| Total Asset | 6.28 B | ||||
| Retained Earnings | 1.65 B | ||||
| Working Capital | 269.89 M | ||||
| Current Asset | 575.02 M | ||||
| Current Liabilities | 540.1 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 2.34 % | ||||
| Net Asset | 6.28 B | ||||
| Last Dividend Paid | 1.6 |
About TFI International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TFI International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TFI International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TFI International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with TFI International
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 TFI International 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 TFI International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to TFI International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TFI International 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 TFI International - 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 TFI International to buy it.
The correlation of TFI International 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 TFI International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TFI International 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 TFI International 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TFI International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in TFI Stock, please use our How to Invest in TFI International guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.