Tomra Systems Return On Equity vs. Cash Per Share

TMRAY Stock  USD 13.02  0.40  2.98%   
Based on Tomra Systems' profitability indicators, Tomra Systems ASA may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Tomra Systems' ability to earn profits and add value for shareholders.
For Tomra Systems profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tomra Systems to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tomra Systems ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tomra Systems's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tomra Systems ASA over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Tomra Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tomra Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tomra Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Tomra Systems ASA Cash Per Share vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Tomra Systems's current stock value. Our valuation model uses many indicators to compare Tomra Systems value to that of its competitors to determine the firm's financial worth.
Tomra Systems ASA is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in cash per share category among its peers fabricating about  12.96  of Cash Per Share per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Tomra Systems by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tomra Systems' Pink Sheet. 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.

Tomra Cash Per Share vs. Return On Equity

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.

Tomra Systems

Return On Equity

 = 

Net Income

Total Equity

 = 
0.17
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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Tomra Systems

Cash Per Share

 = 

Total Cash

Average Shares

 = 
2.23 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

Tomra Cash Per Share Comparison

Tomra Systems is currently under evaluation in cash per share category among its peers.

Tomra Systems Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Tomra Systems, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tomra Systems will eventually generate negative long term returns. The profitability progress is the general direction of Tomra Systems' change in net profit over the period of time. It can combine multiple indicators of Tomra Systems, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. The company was founded in 1972 and is headquartered in Asker, Norway. TOMRA SYSTEMS operates under Waste Management classification in the United States and is traded on OTC Exchange. It employs 4600 people.

Tomra Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Tomra Systems. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tomra Systems position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tomra Systems' important profitability drivers and their relationship over time.

Use Tomra Systems in pair-trading

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 Tomra Systems 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 Tomra Systems will appreciate offsetting losses from the drop in the long position's value.

Tomra Systems Pair Trading

Tomra Systems ASA Pair Trading Analysis

The ability to find closely correlated positions to Tomra Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tomra Systems 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 Tomra Systems - 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 Tomra Systems ASA to buy it.
The correlation of Tomra Systems 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 Tomra Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tomra Systems ASA 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 Tomra Systems 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Tomra Systems position

In addition to having Tomra Systems in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Utilities ETFs Thematic Idea Now

Utilities ETFs
Utilities ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Utilities ETFs theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities ETFs Theme or any other thematic opportunities.
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Additional Tools for Tomra Pink Sheet Analysis

When running Tomra Systems' price analysis, check to measure Tomra Systems' 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 Tomra Systems is operating at the current time. Most of Tomra Systems' value examination focuses on studying past and present price action to predict the probability of Tomra Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tomra Systems' price. Additionally, you may evaluate how the addition of Tomra Systems to your portfolios can decrease your overall portfolio volatility.