Tofutti Brands Gross Profit vs. Current Valuation
| TOFBDelisted Stock | USD 0.62 0.00 0.00% |
For Tofutti Brands profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tofutti Brands to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tofutti Brands utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tofutti Brands's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tofutti Brands over time as well as its relative position and ranking within its peers.
Tofutti |
Tofutti Brands Current Valuation vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tofutti Brands's current stock value. Our valuation model uses many indicators to compare Tofutti Brands value to that of its competitors to determine the firm's financial worth. Tofutti Brands is rated third in gross profit category among its peers. It is rated below average in current valuation category among its peers reporting about 1.70 of Current Valuation per Gross Profit. Comparative valuation analysis is a catch-all model that can be used if you cannot value Tofutti Brands by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tofutti Brands' OTC 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.Tofutti Current Valuation vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Tofutti Brands |
| = | 3.34 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Tofutti Brands |
| = | 5.69 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Tofutti Current Valuation vs Competition
Tofutti Brands is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Staples industry is at this time estimated at about 50.12 Billion. Tofutti Brands adds roughly 5.69 Million in current valuation claiming only tiny portion of stocks in Consumer Staples industry.
Tofutti Brands Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tofutti Brands, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tofutti Brands will eventually generate negative long term returns. The profitability progress is the general direction of Tofutti Brands' change in net profit over the period of time. It can combine multiple indicators of Tofutti Brands, 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.
Tofutti Brands Inc. engages in the development, production, and marketing of dairy free, vegan frozen desserts, cheeses, and other food products under the TOFUTTI brand in the United States, Europe, the Middle East, the Asia Pacific, Africa, and internationally. Tofutti Brands, Inc. was founded in 1981 and is based in Cranford, New Jersey. Tofutti Brands operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 4 people.
Tofutti Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tofutti Brands. 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 Tofutti Brands 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 Tofutti Brands' important profitability drivers and their relationship over time.
Use Tofutti Brands 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 Tofutti Brands 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 Tofutti Brands will appreciate offsetting losses from the drop in the long position's value.Tofutti Brands Pair Trading
Tofutti Brands Pair Trading Analysis
The ability to find closely correlated positions to Tofutti Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tofutti Brands 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 Tofutti Brands - 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 Tofutti Brands to buy it.
The correlation of Tofutti Brands 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 Tofutti Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tofutti Brands 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 Tofutti Brands 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.Use Investing Themes to Complement your Tofutti Brands position
In addition to having Tofutti Brands 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.Did You Try This Idea?
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in census. Note that the Tofutti Brands information on this page should be used as a complementary analysis to other Tofutti Brands' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in Tofutti OTC Stock
If you are still planning to invest in Tofutti Brands check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Tofutti Brands' history and understand the potential risks before investing.
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