Taoping Stock Analysis

TAOP Stock  USD 0.33  0  1.45%   
Taoping is overvalued with Real Value of 0.32 and Hype Value of 0.32. The main objective of Taoping stock analysis is to determine its intrinsic value, which is an estimate of what Taoping is worth, separate from its market price. There are two main types of Taoping's stock analysis: fundamental analysis and technical analysis.
The Taoping stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Taoping is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Taoping Stock trading window is adjusted to America/New York timezone.
  
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Taoping Stock Analysis Notes

The company has price-to-book ratio of 0.14. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Taoping last dividend was issued on the 30th of July 2020. The entity had 1:10 split on the 1st of August 2023. Taoping Inc. provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things industries in the Peoples Republic of China. Taoping Inc. was founded in 1993 and is headquartered in Causeway Bay, Hong Kong. Taoping operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 76 people. To find out more about Taoping contact Jianghuai Lin at 86 75 58370 8333 or learn more at https://www.taop.com.

Taoping Investment Alerts

Taoping generated a negative expected return over the last 90 days
Taoping has high historical volatility and very poor performance
Taoping has some characteristics of a very speculative penny stock
Taoping has a very high chance of going through financial distress in the upcoming years
Taoping currently holds 9 M in liabilities with Debt to Equity (D/E) ratio of 0.48, which is about average as compared to similar companies. Taoping has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Taoping's use of debt, we should always consider it together with its cash and equity.
The entity reported the previous year's revenue of 38.64 M. Net Loss for the year was (697.94 K) with profit before overhead, payroll, taxes, and interest of 9.04 M.
Taoping currently holds about 753.72 K in cash with (2.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Taoping has a frail financial position based on the latest SEC disclosures
Latest headline from gurufocus.com: TAOP Stock Experiences Sharp Decline Amidst Software Service Sector Movements

Taoping Upcoming and Recent Events

23rd of April 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Taoping Largest EPS Surprises

Earnings surprises can significantly impact Taoping's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2009-08-06
2009-06-301.842.040.210 
2010-05-10
2010-03-311.231.440.2117 
2008-08-12
2008-06-301.762.040.2815 
View All Earnings Estimates

Taoping Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Ubs Group Ag2024-06-30
61.4 K
Citadel Advisors Llc2024-09-30
0.0
Symmetry Peak Management Llc2024-06-30
55 K
Geode Capital Management, Llc2024-09-30
30.3 K
Hrt Financial Llc2024-06-30
21.7 K
Virtu Financial Llc2024-06-30
20.6 K
Goldman Sachs Group Inc2024-06-30
17.9 K
Two Sigma Securities, Llc2024-06-30
13.6 K
Commonwealth Equity Services Inc2024-06-30
12 K
Morgan Stanley - Brokerage Accounts2024-06-30
1.5 K
Qube Research & Technologies2024-06-30
320
Note, although Taoping's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Taoping Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.19 M.

Taoping Profitablity

The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.01) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.01.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.02)(0.02)
Return On Capital Employed(0.02)(0.02)
Return On Assets(0.02)(0.02)
Return On Equity(0.05)(0.06)

Management Efficiency

Taoping has return on total asset (ROA) of 0.0271 % which means that it generated a profit of $0.0271 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1697 %, meaning that it created $0.1697 on every $100 dollars invested by stockholders. Taoping's management efficiency ratios could be used to measure how well Taoping manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/28/2024, Return On Tangible Assets is likely to drop to -0.02. In addition to that, Return On Capital Employed is likely to drop to -0.02. At this time, Taoping's Total Current Liabilities is relatively stable compared to the past year. Change To Liabilities is expected to grow at the current pace this year, while Liabilities And Stockholders Equity is likely to drop slightly above 31.2 M.
Last ReportedProjected for Next Year
Book Value Per Share 6.68  6.35 
Tangible Book Value Per Share 6.26  5.94 
Enterprise Value Over EBITDA 3.12  2.97 
Price Book Value Ratio 0.22  0.21 
Enterprise Value Multiple 3.12  2.97 
Price Fair Value 0.22  0.21 
Enterprise Value12 M11.4 M
The management team at Taoping has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Operating Margin
(0.01)
Profit Margin
0.0399
Beta
0.693
Return On Assets
0.0271
Return On Equity
0.1697

Technical Drivers

As of the 28th of November, Taoping has the Risk Adjusted Performance of (0.04), coefficient of variation of (1,491), and Variance of 60.62. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Taoping, as well as the relationship between them.

Taoping Price Movement Analysis

Execute Study
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 Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Taoping middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Taoping. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Taoping Outstanding Bonds

Taoping issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Taoping uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Taoping bonds can be classified according to their maturity, which is the date when Taoping has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Taoping Predictive Daily Indicators

Taoping intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Taoping stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Taoping Forecast Models

Taoping's time-series forecasting models are one of many Taoping's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Taoping's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Taoping Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Taoping prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Taoping shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Taoping. By using and applying Taoping Stock analysis, traders can create a robust methodology for identifying Taoping entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.01)(0.01)
Operating Profit Margin(0.01)(0.01)
Net Loss(0.02)(0.02)
Gross Profit Margin 0.23  0.45 

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Additional Tools for Taoping Stock Analysis

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