TTNDF News and Headlines - Techtronic Industries Co Ltd
The stock of Techtronic Industries Co (OTCPK:TTNDY, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the past business growth and analyst estimates of future business performance. If the price of a stock is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value
These stocks have outperformed the S&P 500 index over the past month, year and three years. The benchmark for the U.S. stock market increased 1.76% over the past month, 15.88% so far this year, 7.87% over the past year and 40.7% over the past three years.
Wall Street issued a buy recommendation rating for all of them.
In addition, the following stocks are ranked high in their industries on forward rate of return, which GuruFocus defines as the yield that investors can expect to receive in the future from the stock they are purchasing today.
Techtronic Industries Co. Ltd. (HKSE:00669) (“TTI”) is a global leader in designing, manufacturing and selling home-improvement products, including power tools, outdoor power equipment and floor-care appliances. The company manufactures and distributes its own branded products, such as power tools under the RYOBI and Milwaukee brands, as well as floor-care products under the Hoover and Dirt Devil brands. TTI has enjoyed strong sales performance, recovering from 2008 level, based on innovative product designs which have incorporated cordless batteries in their power tools. TTI’s prospects in the coming years appear positive, with strong potential of gaining market share through brand recognition,