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TCM Group
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Let's analyse TCM Group together

PenkeI guess you are interested in TCM Group. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of TCM Group. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of TCM Group (30 sec.)










What can you expect buying and holding a share of TCM Group? (30 sec.)

How much money do you get?

How much money do you get?
kr0.00
When do you have the money?
1 year
How often do you get paid?
50.0%

What is your share worth?

Current worth
kr50.74
Expected worth in 1 year
kr61.18
How sure are you?
85.7%

+ What do you gain per year?

Total Gains per Share
kr10.44
Return On Investment
20.3%

For what price can you sell your share?

Current Price per Share
kr51.40
Expected price per share
kr47.70 - kr55.80
How sure are you?
50%

1. Valuation of TCM Group (5 min.)




Live pricePrice per Share (EOD)

kr51.40

Intrinsic Value Per Share

kr150.58 - kr179.80

Total Value Per Share

kr201.32 - kr230.53

2. Growth of TCM Group (5 min.)




Is TCM Group growing?

Current yearPrevious yearGrowGrow %
How rich?$76.7m$59.7m$12.5m17.4%

How much money is TCM Group making?

Current yearPrevious yearGrowGrow %
Making money$780.1k$2.5m-$1.7m-227.1%
Net Profit Margin1.9%6.0%--

How much money comes from the company's main activities?

3. Financial Health of TCM Group (5 min.)




4. Comparing to competitors in the Furnishings, Fixtures & Appliances industry (5 min.)




  Industry Rankings (Furnishings, Fixtures & Appliances)  


Richest
#161 / 261

Most Revenue
#164 / 261

Most Profit
#141 / 261

Most Efficient
#144 / 261

What can you expect buying and holding a share of TCM Group? (5 min.)

Welcome investor! TCM Group's management wants to use your money to grow the business. In return you get a share of TCM Group.

What can you expect buying and holding a share of TCM Group?

First you should know what it really means to hold a share of TCM Group. And how you can make/lose money.

Speculation

The Price per Share of TCM Group is kr51.40. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of TCM Group.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in TCM Group, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is kr50.74. Based on the TTM, the Book Value Change Per Share is kr2.61 per quarter. Based on the YOY, the Book Value Change Per Share is kr0.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is kr0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of TCM Group.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps0.080.2%0.000.0%0.240.5%0.270.5%0.270.5%
Usd Book Value Change Per Share0.080.2%0.380.7%0.000.0%0.080.2%0.260.5%
Usd Dividend Per Share0.000.0%0.000.0%0.380.7%0.581.1%0.460.9%
Usd Total Gains Per Share0.080.2%0.380.7%0.380.7%0.661.3%0.721.4%
Usd Price Per Share6.60-8.28-12.26-15.58-13.73-
Price to Earnings Ratio21.12--64.91-14.88--1.99-0.88-
Price-to-Total Gains Ratio81.15-71.33-44.65-37.57-34.37-
Price to Book Ratio0.90-1.22-2.13-2.41-2.26-
Price-to-Total Gains Ratio81.15-71.33-44.65-37.57-34.37-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share7.453
Number of shares134
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.58
Usd Book Value Change Per Share0.380.08
Usd Total Gains Per Share0.380.66
Gains per Quarter (134 shares)50.7388.73
Gains per Year (134 shares)202.93354.93
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1020319331045345
2040639662090700
306095999301351055
4081280212401801410
501015100515502251765
601218120818602702120
701421141121703152475
801623161424803602830
901826181727904053185
1002029202031004503540

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%9.03.00.075.0%17.03.00.085.0%25.03.00.089.3%25.03.00.089.3%
Book Value Change Per Share4.00.00.0100.0%9.03.00.075.0%16.04.00.080.0%21.05.02.075.0%21.05.02.075.0%
Dividend per Share0.00.04.00.0%8.00.04.066.7%12.00.08.060.0%14.00.014.050.0%14.00.014.050.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%24.02.02.085.7%24.02.02.085.7%

Fundamentals of TCM Group

About TCM Group

TCM Group A/S engages in the manufacture and sale of kitchen and furniture products for bathrooms and storage in Denmark and internationally. Its products comprise drawers, cabinets, fronts, table tops, handles, and other accessories. The company operates stores under the Svane Køkkenet, Tvis Køkkener, and Nettoline brands. It sells its products online under the kitchn.dk, billigskabe.dk, Celebert, and Just Wood brands. In addition, the company sells private label products through Do-It-Yourself and kitchen specialty stores. TCM Group A/S was founded in 2015 and is based in Holstebro, Denmark.

Fundamental data was last updated by Penke on 2024-03-13 07:03:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of TCM Group.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit TCM Group earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare TCM Group to the Furnishings, Fixtures & Appliances industry mean.
  • A Net Profit Margin of 1.8% means that kr0.02 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of TCM Group:

  • The MRQ is 1.8%. The company is making a profit. +1
  • The TTM is 1.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.9%-0.1%
TTM1.9%YOY6.0%-4.0%
TTM1.9%5Y7.8%-5.9%
5Y7.8%10Y8.2%-0.4%
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%3.6%-1.8%
TTM1.9%2.9%-1.0%
YOY6.0%3.7%+2.3%
5Y7.8%3.5%+4.3%
10Y8.2%4.1%+4.1%
1.1.2. Return on Assets

Shows how efficient TCM Group is using its assets to generate profit.

  • Above 5% is considered healthy but always compare TCM Group to the Furnishings, Fixtures & Appliances industry mean.
  • 0.5% Return on Assets means that TCM Group generated kr0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of TCM Group:

  • The MRQ is 0.5%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.5%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.5%TTM0.5%-0.1%
TTM0.5%YOY1.8%-1.3%
TTM0.5%5Y2.2%-1.7%
5Y2.2%10Y2.1%+0.1%
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%1.1%-0.6%
TTM0.5%0.9%-0.4%
YOY1.8%1.2%+0.6%
5Y2.2%1.2%+1.0%
10Y2.1%1.5%+0.6%
1.1.3. Return on Equity

Shows how efficient TCM Group is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare TCM Group to the Furnishings, Fixtures & Appliances industry mean.
  • 1.1% Return on Equity means TCM Group generated kr0.01 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of TCM Group:

  • The MRQ is 1.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.1%TTM1.1%0.0%
TTM1.1%YOY4.3%-3.2%
TTM1.1%5Y4.5%-3.4%
5Y4.5%10Y4.6%0.0%
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1%2.4%-1.3%
TTM1.1%2.0%-0.9%
YOY4.3%2.6%+1.7%
5Y4.5%2.6%+1.9%
10Y4.6%3.0%+1.6%

1.2. Operating Efficiency of TCM Group.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient TCM Group is operating .

  • Measures how much profit TCM Group makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare TCM Group to the Furnishings, Fixtures & Appliances industry mean.
  • An Operating Margin of 0.0% means the company generated kr0.00  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of TCM Group:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.3%-0.3%
TTM0.3%YOY8.9%-8.6%
TTM0.3%5Y10.5%-10.2%
5Y10.5%10Y11.8%-1.3%
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.9%-5.9%
TTM0.3%2.9%-2.6%
YOY8.9%5.6%+3.3%
5Y10.5%5.4%+5.1%
10Y11.8%4.7%+7.1%
1.2.2. Operating Ratio

Measures how efficient TCM Group is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Furnishings, Fixtures & Appliances industry mean).
  • An Operation Ratio of 1.73 means that the operating costs are kr1.73 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of TCM Group:

  • The MRQ is 1.730. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.755. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.730TTM1.755-0.025
TTM1.755YOY1.708+0.047
TTM1.7555Y1.655+0.099
5Y1.65510Y1.627+0.029
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7301.509+0.221
TTM1.7551.511+0.244
YOY1.7081.457+0.251
5Y1.6551.442+0.213
10Y1.6271.192+0.435

1.3. Liquidity of TCM Group.

1.3. Liquidity
1.3.1. Current Ratio

Measures if TCM Group is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Furnishings, Fixtures & Appliances industry mean).
  • A Current Ratio of 0.66 means the company has kr0.66 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of TCM Group:

  • The MRQ is 0.661. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.560. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.661TTM0.560+0.100
TTM0.560YOY0.423+0.138
TTM0.5605Y0.767-0.206
5Y0.76710Y0.723+0.044
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6611.611-0.950
TTM0.5601.637-1.077
YOY0.4231.684-1.261
5Y0.7671.723-0.956
10Y0.7231.568-0.845
1.3.2. Quick Ratio

Measures if TCM Group is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare TCM Group to the Furnishings, Fixtures & Appliances industry mean.
  • A Quick Ratio of 0.24 means the company can pay off kr0.24 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of TCM Group:

  • The MRQ is 0.241. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.247. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.241TTM0.247-0.006
TTM0.247YOY0.199+0.048
TTM0.2475Y0.258-0.011
5Y0.25810Y0.250+0.008
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2410.620-0.379
TTM0.2470.629-0.382
YOY0.1990.708-0.509
5Y0.2580.744-0.486
10Y0.2500.726-0.476

1.4. Solvency of TCM Group.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of TCM Group assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare TCM Group to Furnishings, Fixtures & Appliances industry mean.
  • A Debt to Asset Ratio of 0.56 means that TCM Group assets are financed with 55.9% credit (debt) and the remaining percentage (100% - 55.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of TCM Group:

  • The MRQ is 0.559. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.549. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.559TTM0.549+0.010
TTM0.549YOY0.581-0.032
TTM0.5495Y0.514+0.035
5Y0.51410Y0.488+0.026
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5590.488+0.071
TTM0.5490.488+0.061
YOY0.5810.497+0.084
5Y0.5140.475+0.039
10Y0.4880.460+0.028
1.4.2. Debt to Equity Ratio

Measures if TCM Group is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare TCM Group to the Furnishings, Fixtures & Appliances industry mean.
  • A Debt to Equity ratio of 126.7% means that company has kr1.27 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of TCM Group:

  • The MRQ is 1.267. The company is able to pay all its debts with equity. +1
  • The TTM is 1.232. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.267TTM1.232+0.035
TTM1.232YOY1.391-0.158
TTM1.2325Y1.091+0.141
5Y1.09110Y1.061+0.030
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2670.956+0.311
TTM1.2320.956+0.276
YOY1.3910.987+0.404
5Y1.0910.973+0.118
10Y1.0610.941+0.120

2. Market Valuation of TCM Group

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings TCM Group generates.

  • Above 15 is considered overpriced but always compare TCM Group to the Furnishings, Fixtures & Appliances industry mean.
  • A PE ratio of 21.12 means the investor is paying kr21.12 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of TCM Group:

  • The EOD is 23.859. Based on the earnings, the company is fair priced.
  • The MRQ is 21.121. Based on the earnings, the company is fair priced.
  • The TTM is -64.912. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD23.859MRQ21.121+2.739
MRQ21.121TTM-64.912+86.032
TTM-64.912YOY14.879-79.791
TTM-64.9125Y-1.994-62.918
5Y-1.99410Y0.877-2.871
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
EOD23.85910.091+13.768
MRQ21.12110.197+10.924
TTM-64.91211.524-76.436
YOY14.87913.694+1.185
5Y-1.99415.673-17.667
10Y0.87718.976-18.099
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of TCM Group:

  • The EOD is 2.336. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.068. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -25.850. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD2.336MRQ2.068+0.268
MRQ2.068TTM-25.850+27.918
TTM-25.850YOY-6.611-19.238
TTM-25.8505Y6.641-32.491
5Y6.64110Y7.005-0.364
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
EOD2.3363.932-1.596
MRQ2.0683.411-1.343
TTM-25.8502.115-27.965
YOY-6.6111.097-7.708
5Y6.6412.442+4.199
10Y7.0052.588+4.417
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of TCM Group is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Furnishings, Fixtures & Appliances industry mean).
  • A PB ratio of 0.90 means the investor is paying kr0.90 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of TCM Group:

  • The EOD is 1.013. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.897. Based on the equity, the company is cheap. +2
  • The TTM is 1.217. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.013MRQ0.897+0.116
MRQ0.897TTM1.217-0.320
TTM1.217YOY2.133-0.916
TTM1.2175Y2.414-1.197
5Y2.41410Y2.261+0.153
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
EOD1.0131.596-0.583
MRQ0.8971.582-0.685
TTM1.2171.620-0.403
YOY2.1331.848+0.285
5Y2.4141.928+0.486
10Y2.2612.167+0.094
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of TCM Group compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.5612.611-79%0.022+2396%0.579-3%1.812-69%
Book Value Per Share--50.74047.790+6%39.486+28%45.096+13%39.540+28%
Current Ratio--0.6610.560+18%0.423+56%0.767-14%0.723-9%
Debt To Asset Ratio--0.5590.549+2%0.581-4%0.514+9%0.488+14%
Debt To Equity Ratio--1.2671.232+3%1.391-9%1.091+16%1.061+19%
Dividend Per Share----0%2.606-100%3.988-100%3.174-100%
Eps--0.5390.013+4208%1.686-68%1.892-72%1.863-71%
Free Cash Flow Per Share--5.5000.894+515%0.943+483%1.672+229%2.017+173%
Free Cash Flow To Equity Per Share--5.50011.182-51%-0.127+102%1.898+190%1.498+267%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--179.795--------
Intrinsic Value_10Y_min--150.580--------
Intrinsic Value_1Y_max--5.807--------
Intrinsic Value_1Y_min--5.697--------
Intrinsic Value_3Y_max--26.754--------
Intrinsic Value_3Y_min--25.353--------
Intrinsic Value_5Y_max--58.918--------
Intrinsic Value_5Y_min--53.886--------
Market Cap536544040.000+11%474958029.000596044962.500-20%882583630.000-46%1121575557.500-58%988460987.500-52%
Net Profit Margin--0.0180.019-8%0.060-70%0.078-77%0.082-78%
Operating Margin---0.003-100%0.089-100%0.105-100%0.118-100%
Operating Ratio--1.7301.755-1%1.708+1%1.655+4%1.627+6%
Pb Ratio1.013+11%0.8971.217-26%2.133-58%2.414-63%2.261-60%
Pe Ratio23.859+11%21.121-64.912+407%14.879+42%-1.994+109%0.877+2308%
Price Per Share51.400+11%45.50057.100-20%84.550-46%107.445-58%94.693-52%
Price To Free Cash Flow Ratio2.336+11%2.068-25.850+1350%-6.611+420%6.641-69%7.005-70%
Price To Total Gains Ratio91.670+11%81.14871.331+14%44.651+82%37.568+116%34.368+136%
Quick Ratio--0.2410.247-2%0.199+21%0.258-7%0.250-4%
Return On Assets--0.0050.005-10%0.018-74%0.022-79%0.021-78%
Return On Equity--0.0110.011-3%0.043-75%0.045-77%0.046-77%
Total Gains Per Share--0.5612.611-79%2.628-79%4.567-88%4.986-89%
Usd Book Value--76799685.00072335171.250+6%59766426.250+28%68256502.500+13%59848263.214+28%
Usd Book Value Change Per Share--0.0810.379-79%0.003+2396%0.084-3%0.263-69%
Usd Book Value Per Share--7.3576.930+6%5.726+28%6.539+13%5.733+28%
Usd Dividend Per Share----0%0.378-100%0.578-100%0.460-100%
Usd Eps--0.0780.002+4208%0.244-68%0.274-72%0.270-71%
Usd Free Cash Flow--8325175.0001352668.750+515%1427090.000+483%2531417.250+229%3052512.942+173%
Usd Free Cash Flow Per Share--0.7980.130+515%0.137+483%0.243+229%0.292+173%
Usd Free Cash Flow To Equity Per Share--0.7981.621-51%-0.018+102%0.275+190%0.217+267%
Usd Market Cap77798885.800+11%68868914.20586426519.563-20%127974626.350-46%162628455.838-58%143326843.188-52%
Usd Price Per Share7.453+11%6.5988.280-20%12.260-46%15.580-58%13.730-52%
Usd Profit--815190.000780172.500+4%2551746.250-68%3016645.250-73%2928619.189-72%
Usd Revenue--45826670.00040286292.500+14%41544385.000+10%39131889.500+17%36389077.113+26%
Usd Total Gains Per Share--0.0810.379-79%0.381-79%0.662-88%0.723-89%
 EOD+4 -4MRQTTM+15 -18YOY+18 -175Y+13 -2210Y+13 -22

3.2. Fundamental Score

Let's check the fundamental score of TCM Group based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1523.859
Price to Book Ratio (EOD)Between0-11.013
Net Profit Margin (MRQ)Greater than00.018
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.241
Current Ratio (MRQ)Greater than10.661
Debt to Asset Ratio (MRQ)Less than10.559
Debt to Equity Ratio (MRQ)Less than11.267
Return on Equity (MRQ)Greater than0.150.011
Return on Assets (MRQ)Greater than0.050.005
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of TCM Group based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.509
Ma 20Greater thanMa 5050.830
Ma 50Greater thanMa 10051.186
Ma 100Greater thanMa 20046.612
OpenGreater thanClose50.000
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Interest Income  411592001003001,1001,400-1,762-362



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in DKK. All numbers in thousands.

Summary
Total Assets1,200,873
Total Liabilities671,220
Total Stockholder Equity529,653
 As reported
Total Liabilities 671,220
Total Stockholder Equity+ 529,653
Total Assets = 1,200,873

Assets

Total Assets1,200,873
Total Current Assets221,060
Long-term Assets979,813
Total Current Assets
Cash And Cash Equivalents 13,285
Net Receivables 80,585
Inventory 92,537
Other Current Assets 1
Total Current Assets  (as reported)221,060
Total Current Assets  (calculated)186,408
+/- 34,652
Long-term Assets
Property Plant Equipment 237,636
Goodwill 411,998
Intangible Assets 260,324
Long-term Assets  (as reported)979,813
Long-term Assets  (calculated)909,958
+/- 69,855

Liabilities & Shareholders' Equity

Total Current Liabilities334,465
Long-term Liabilities336,755
Total Stockholder Equity529,653
Total Current Liabilities
Short Long Term Debt 95,511
Accounts payable 144,710
Other Current Liabilities 77,797
Total Current Liabilities  (as reported)334,465
Total Current Liabilities  (calculated)318,018
+/- 16,447
Long-term Liabilities
Long term Debt 168,072
Capital Lease Obligations Min Short Term Debt62,348
Long-term Liabilities Other 52,501
Long-term Liabilities  (as reported)336,755
Long-term Liabilities  (calculated)282,921
+/- 53,834
Total Stockholder Equity
Retained Earnings 541,605
Total Stockholder Equity (as reported)529,653
Total Stockholder Equity (calculated)541,605
+/- 11,952
Other
Capital Stock1,051
Common Stock Shares Outstanding 10,439
Net Debt 250,298
Net Invested Capital 793,236
Net Working Capital -113,405
Property Plant and Equipment Gross 298,684



Balance Sheet

Currency in DKK. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-03-312016-12-31
> Total Assets 
0
0
840,500
805,541
814,100
791,500
821,800
844,044
917,000
896,800
907,400
911,096
915,200
989,200
1,020,700
929,451
944,600
838,900
903,200
907,321
971,500
1,006,400
989,400
970,227
993,100
1,003,000
1,250,300
1,200,873
1,200,8731,250,3001,003,000993,100970,227989,4001,006,400971,500907,321903,200838,900944,600929,4511,020,700989,200915,200911,096907,400896,800917,000844,044821,800791,500814,100805,541840,50000
   > Total Current Assets 
0
0
185,700
151,268
162,900
143,300
174,900
196,117
251,400
233,900
245,500
229,977
236,200
309,200
341,300
239,507
252,500
146,400
159,100
159,019
195,600
199,400
192,300
159,209
182,900
169,700
275,600
221,060
221,060275,600169,700182,900159,209192,300199,400195,600159,019159,100146,400252,500239,507341,300309,200236,200229,977245,500233,900251,400196,117174,900143,300162,900151,268185,70000
       Cash And Cash Equivalents 
0
0
58,100
49,167
57,500
26,600
59,700
100,857
100,100
84,000
120,700
139,360
114,100
179,800
202,100
125,855
100,900
0
0
11,884
9,600
14,900
15,900
4,392
3,000
3,000
20,000
13,285
13,28520,0003,0003,0004,39215,90014,9009,60011,88400100,900125,855202,100179,800114,100139,360120,70084,000100,100100,85759,70026,60057,50049,16758,10000
       Net Receivables 
0
0
72,500
47,418
63,700
73,100
68,700
55,081
75,200
72,500
48,000
48,915
75,600
78,300
83,400
53,175
95,400
82,100
86,800
66,135
98,700
97,300
84,700
71,184
76,900
72,500
147,600
80,585
80,585147,60072,50076,90071,18484,70097,30098,70066,13586,80082,10095,40053,17583,40078,30075,60048,91548,00072,50075,20055,08168,70073,10063,70047,41872,50000
       Other Current Assets 
0
0
16,600
16,618
400
0
900
665
-100
0
100
1
100
-100
0
11,783
0
0
0
1
100
100
300
-1
0
0
-100
1
1-10000-1300100100100011,7830-10010011000-100665900040016,61816,60000
   > Long-term Assets 
0
0
0
0
0
0
0
0
665,600
663,000
662,000
681,119
679,100
680,200
679,300
689,944
692,200
692,400
744,200
748,302
775,900
807,000
797,100
811,018
810,200
833,300
974,800
979,813
979,813974,800833,300810,200811,018797,100807,000775,900748,302744,200692,400692,200689,944679,300680,200679,100681,119662,000663,000665,60000000000
       Property Plant Equipment 
0
0
83,300
84,939
84,100
83,300
84,200
87,533
107,400
106,900
108,100
110,995
112,400
116,900
119,500
133,252
135,000
137,700
143,900
146,021
147,200
173,200
172,700
179,663
178,600
192,100
247,300
237,636
237,636247,300192,100178,600179,663172,700173,200147,200146,021143,900137,700135,000133,252119,500116,900112,400110,995108,100106,900107,40087,53384,20083,30084,10084,93983,30000
       Goodwill 
0
0
369,800
369,796
369,800
369,800
369,800
369,796
369,800
369,800
369,800
369,796
369,800
369,800
369,800
369,796
369,800
369,800
369,800
369,796
369,800
369,800
369,800
369,796
369,800
369,800
427,800
411,998
411,998427,800369,800369,800369,796369,800369,800369,800369,796369,800369,800369,800369,796369,800369,800369,800369,796369,800369,800369,800369,796369,800369,800369,800369,796369,80000
       Long Term Investments 
0
0
0
0
0
0
700
748
800
700
700
19,118
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000019,118700700800748700000000
       Intangible Assets 
0
0
201,100
198,792
196,600
194,400
192,100
189,850
187,600
185,500
183,400
181,210
179,200
177,300
175,400
173,658
172,400
172,800
172,800
176,521
178,300
180,700
182,700
186,042
189,600
196,200
229,200
260,324
260,324229,200196,200189,600186,042182,700180,700178,300176,521172,800172,800172,400173,658175,400177,300179,200181,210183,400185,500187,600189,850192,100194,400196,600198,792201,10000
       Other Assets 
0
0
600
746
700
700
800
748
800
700
600
19,118
-100
-200
0
13,238
-100
12,200
10,300
8,524
33,200
34,900
24,500
26,815
0
0
23,100
0
023,1000026,81524,50034,90033,2008,52410,30012,200-10013,2380-200-10019,11860070080074880070070074660000
> Total Liabilities 
0
0
462,200
500,764
491,300
439,300
446,500
435,205
484,700
479,900
464,500
438,352
419,900
463,700
470,900
355,078
346,800
420,600
478,300
487,630
548,500
608,600
582,100
549,598
567,100
487,000
726,500
671,220
671,220726,500487,000567,100549,598582,100608,600548,500487,630478,300420,600346,800355,078470,900463,700419,900438,352464,500479,900484,700435,205446,500439,300491,300500,764462,20000
   > Total Current Liabilities 
174,279
0
200,300
206,685
200,800
206,600
214,700
212,806
216,300
236,000
223,400
211,140
213,700
255,800
266,000
213,274
239,800
317,900
378,600
389,792
427,800
463,800
451,300
421,849
440,200
351,700
403,600
334,465
334,465403,600351,700440,200421,849451,300463,800427,800389,792378,600317,900239,800213,274266,000255,800213,700211,140223,400236,000216,300212,806214,700206,600200,800206,685200,3000174,279
       Short-term Debt 
0
263,915
19,000
39,994
26,300
26,000
25,900
25,915
25,300
25,300
25,400
21,607
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000021,60725,40025,30025,30025,91525,90026,00026,30039,99419,000263,9150
       Short Long Term Debt 
0
263,915
19,000
39,994
26,300
26,000
25,900
25,915
25,300
25,300
25,400
21,607
27,100
25,500
25,400
12,738
21,600
86,800
155,700
163,505
211,900
250,800
263,200
203,095
241,800
171,600
166,200
95,511
95,511166,200171,600241,800203,095263,200250,800211,900163,505155,70086,80021,60012,73825,40025,50027,10021,60725,40025,30025,30025,91525,90026,00026,30039,99419,000263,9150
       Accounts payable 
0
0
91,000
117,229
111,400
104,900
103,600
133,165
134,700
129,700
108,200
128,600
115,900
118,400
117,400
125,370
134,900
131,500
136,600
158,924
168,600
144,900
123,000
151,892
144,500
125,100
134,300
144,710
144,710134,300125,100144,500151,892123,000144,900168,600158,924136,600131,500134,900125,370117,400118,400115,900128,600108,200129,700134,700133,165103,600104,900111,400117,22991,00000
       Other Current Liabilities 
46,133
0
90,300
49,462
63,100
75,700
85,200
53,726
50,600
54,000
55,300
50,367
60,100
101,400
112,400
64,281
71,600
88,100
74,900
56,141
36,800
57,100
53,800
54,889
42,600
43,400
90,500
77,797
77,79790,50043,40042,60054,88953,80057,10036,80056,14174,90088,10071,60064,281112,400101,40060,10050,36755,30054,00050,60053,72685,20075,70063,10049,46290,300046,133
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
268,400
243,900
241,100
227,212
206,200
207,800
204,900
141,804
107,000
102,700
99,700
97,838
120,700
144,800
130,800
127,749
126,900
135,300
322,900
336,755
336,755322,900135,300126,900127,749130,800144,800120,70097,83899,700102,700107,000141,804204,900207,800206,200227,212241,100243,900268,40000000000
       Capital Lease Obligations Min Short Term Debt
0
-263,915
-19,000
-39,994
-26,300
-26,000
-25,900
-25,915
22,200
20,400
18,000
19,292
38,800
39,800
37,500
34,936
34,400
32,400
29,700
26,411
49,400
73,500
61,400
60,786
58,700
68,300
74,500
62,348
62,34874,50068,30058,70060,78661,40073,50049,40026,41129,70032,40034,40034,93637,50039,80038,80019,29218,00020,40022,200-25,915-25,900-26,000-26,300-39,994-19,000-263,9150
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
2,900
3,500
3,900
12,325
-100
-100
100
0
-100
600
800
1,132
1,400
1,800
1,000
483
700
1,200
52,400
52,501
52,50152,4001,2007004831,0001,8001,4001,132800600-1000100-100-10012,3253,9003,5002,90000000000
> Total Stockholder Equity
0
339,865
378,300
304,777
322,800
352,200
375,300
408,839
432,300
416,900
442,900
472,744
495,300
525,500
549,800
574,373
597,800
418,300
424,900
419,691
423,000
397,800
407,300
420,629
426,000
516,000
523,800
529,653
529,653523,800516,000426,000420,629407,300397,800423,000419,691424,900418,300597,800574,373549,800525,500495,300472,744442,900416,900432,300408,839375,300352,200322,800304,777378,300339,8650
   Common Stock
0
0
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
900
900
914
0
0
1,000
0
01,000009149009001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,00000
   Retained Earnings Total Equity0000000000000000000000000000
   Accumulated Other Comprehensive Income 0000000000000000000000000000
   Capital Surplus 0000000000000000000000000000
   Treasury Stock0000000000000000000000000000
   Other Stockholders Equity 
0
0
-500
-435
-400
-300
-200
-83
0
0
0
0
0
0
0
-614
-1,900
-900
-600
-29
1,100
-2,000
-2,300
-916
0
0
-700
0
0-70000-916-2,300-2,0001,100-29-600-900-1,900-6140000000-83-200-300-400-435-50000



Balance Sheet

Currency in DKK. All numbers in thousands.




Cash Flow

Currency in DKK. All numbers in thousands.




Income Statement

Currency in DKK. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,111,346
Cost of Revenue-893,015
Gross Profit218,331218,331
 
Operating Income (+$)
Gross Profit218,331
Operating Expense-1,055,736
Operating Income55,610-837,405
 
Operating Expense (+$)
Research Development0
Selling General Administrative169,131
Selling And Marketing Expenses0
Operating Expense1,055,736169,131
 
Net Interest Income (+$)
Interest Income1,538
Interest Expense-22,435
Other Finance Cost-0
Net Interest Income-20,897
 
Pretax Income (+$)
Operating Income55,610
Net Interest Income-20,897
Other Non-Operating Income Expenses0
Income Before Tax (EBT)27,09255,610
EBIT - interestExpense = -22,435
21,522
43,957
Interest Expense22,435
Earnings Before Interest and Taxes (EBIT)049,527
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax27,092
Tax Provision-5,570
Net Income From Continuing Ops21,52221,522
Net Income21,522
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net020,897
 

Technical Analysis of TCM Group
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of TCM Group. The general trend of TCM Group is BULLISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine TCM Group's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (14.3%) Bearish trend (-14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of TCM Group.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 54.00 < 54.00 < 55.80.

The bearish price targets are: 48.00 > 48.00 > 47.70.

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TCM Group Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of TCM Group. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

TCM Group Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of TCM Group. The current macd is -0.09475919.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the TCM Group price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for TCM Group. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the TCM Group price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
TCM Group Daily Moving Average Convergence/Divergence (MACD) ChartTCM Group Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of TCM Group. The current adx is 11.89.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy TCM Group shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
TCM Group Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of TCM Group. The current sar is 52.17.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
TCM Group Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of TCM Group. The current rsi is 54.51. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
TCM Group Daily Relative Strength Index (RSI) ChartTCM Group Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of TCM Group. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the TCM Group price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
TCM Group Daily Stochastic Oscillator ChartTCM Group Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of TCM Group. The current cci is 12.49.

TCM Group Daily Commodity Channel Index (CCI) ChartTCM Group Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of TCM Group. The current cmo is 15.21.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
TCM Group Daily Chande Momentum Oscillator (CMO) ChartTCM Group Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of TCM Group. The current willr is -40.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that TCM Group is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
TCM Group Daily Williams %R ChartTCM Group Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of TCM Group.

TCM Group Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of TCM Group. The current atr is 1.73465381.

TCM Group Daily Average True Range (ATR) ChartTCM Group Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of TCM Group. The current obv is -663,039.

TCM Group Daily On-Balance Volume (OBV) ChartTCM Group Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of TCM Group. The current mfi is 58.50.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
TCM Group Daily Money Flow Index (MFI) ChartTCM Group Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for TCM Group.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-16MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.

6.3. Candlestick Patterns

TCM Group Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of TCM Group based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.509
Ma 20Greater thanMa 5050.830
Ma 50Greater thanMa 10051.186
Ma 100Greater thanMa 20046.612
OpenGreater thanClose50.000
Total2/5 (40.0%)
Penke

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