Tredegar Return On Tangible Assets from 2010 to 2024

TG Stock  USD 6.36  0.03  0.47%   
Tredegar's Return On Tangible Assets are decreasing over the last several years with slightly volatile swings. Return On Tangible Assets are estimated to finish at -0.24 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.25)
Current Value
(0.24)
Quarterly Volatility
0.11519011
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tredegar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tredegar main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.1 M, Interest Expense of 12.2 M or Total Revenue of 848.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0482 or PTB Ratio of 1.33. Tredegar financial statements analysis is a perfect complement when working with Tredegar Valuation or Volatility modules.
  
This module can also supplement Tredegar's financial leverage analysis and stock options assessment as well as various Tredegar Technical models . Check out the analysis of Tredegar Correlation against competitors.
For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.

Latest Tredegar's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Tredegar over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Tredegar's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tredegar's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Tredegar Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.07
Coefficient Of Variation1,180
Mean Deviation0.09
Median0.05
Standard Deviation0.12
Sample Variance0.01
Range0.3837
R-Value(0.54)
Mean Square Error0.01
R-Squared0.29
Significance0.04
Slope(0.01)
Total Sum of Squares0.19

Tredegar Return On Tangible Assets History

2024 -0.24
2023 -0.25
2022 0.0619
2021 0.13
2020 -0.0393
2019 0.0793
2018 0.0421

About Tredegar Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Tredegar income statement, its balance sheet, and the statement of cash flows. Tredegar investors use historical funamental indicators, such as Tredegar's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Tredegar investors may use each financial statement separately, they are all related. The changes in Tredegar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tredegar's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Tredegar Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Tredegar. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.25)(0.24)

Currently Active Assets on Macroaxis

When determining whether Tredegar is a strong investment it is important to analyze Tredegar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tredegar's future performance. For an informed investment choice regarding Tredegar Stock, refer to the following important reports:
Check out the analysis of Tredegar Correlation against competitors.
For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.
Note that the Tredegar information on this page should be used as a complementary analysis to other Tredegar's 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Tredegar's price analysis, check to measure Tredegar'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 Tredegar is operating at the current time. Most of Tredegar's value examination focuses on studying past and present price action to predict the probability of Tredegar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tredegar's price. Additionally, you may evaluate how the addition of Tredegar to your portfolios can decrease your overall portfolio volatility.
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Is Tredegar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tredegar. If investors know Tredegar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tredegar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Dividend Share
0.26
Earnings Share
(3.10)
Revenue Per Share
20.649
Quarterly Revenue Growth
(0.10)
The market value of Tredegar is measured differently than its book value, which is the value of Tredegar that is recorded on the company's balance sheet. Investors also form their own opinion of Tredegar's value that differs from its market value or its book value, called intrinsic value, which is Tredegar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tredegar's market value can be influenced by many factors that don't directly affect Tredegar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tredegar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tredegar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tredegar's 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.