What does TTM stand for stock?
Tata Motors was established in 1945 as Tata Engineering and Locomotive Co. Ltd. to manufacture locomotives and other engineering products. It is India's largest automobile company, with standal...
What does TTM stand for in financials?
- Q4 2018: $84.3 billion.
- Q1 2019: $58 billion.
- Q2 2019: $53.8 billion.
- Q3 2019: $64 billion.
- TTM revenue: $84.3 + $58 + $53.8 + $64 = $260.1 billion.
What does TTM stock mean?
What Does TTM Mean? The abbreviation TTM is a measure of data over a 12-month period in the past. ... investors can get a feel for how expensive or cheap a stock is compared to its earnings potential.
What does TTM stand for?
Trailing Twelve Months (TTM) TTM is a finance term that stands for trailing twelve months. It represents a company's financials in the last 12 consecutive months. Trailing twelve-month figures include the financial metrics for the last four quarters, which amounts to a full year of business performance.
What is good TTM?
A high TTM receivable is good for your business as long as it doesn't cost you sales. A turnover that is very high might suggest that your credit terms are too tight and that you collect too aggressively.
What does TTM tell you?
The abbreviation TTM is a measure of data over a 12-month period in the past. Typically a TTM period refers to the 12 months preceding the current month, or a 12-month period up to the firm's most recent earnings report or other financial disclosure.
What is TTM example?
Example. If a Company reports $1 million in quarterly revenue in 3/31/2000, a $10 million yearly revenue on 12/31/2000, and $4 million quarterly revenue in 3/31/2001, the trailing twelve months revenue is calculated as $13 million as follows.
What is TTM and how is it calculated?
TTM Calculation TTM equals the most recent year to date period, plus the last complete fiscal year minus last year's year to date period. Make sure to use year to date and not just the latest quarter.
What is TTM profit margin?
The TTM profit margin is the trailing 12 months of profit over total revenues for a company. The trailing 12 months' profit margin allows owners and investors to observe any recent profit trends. It is most useful when the TTM does not coincide with the fiscal year.
What is PE ratio TTM?
The price/earnings ratio is often referred to as P/E (TTM) and is calculated as the stock's current price, divided by a company's trailing 12-month earnings per share (EPS).
What is TTM dividend?
Trailing dividend yield gives the dividend percentage paid over a prior period, typically one year. A trailing twelve month dividend yield, denoted as "TTM", includes all dividends paid during the past year in order to calculate the dividend yield.
What does Trailing 3 months mean?
T3, or trailing three months, is measurement of a commercial real estate project's finances for the last 3 months. T3 can be a great tool for investors, since it looks at a project's most recent profitability. This is especially helpful if rents or occupancy numbers have recently changed.
What is high TTM EPS growth?
TTM stands for trailing twelve months. TTM EPS means EPS for the last 12 months of the company. This is different from the full year EPS reported by the company in the previous audited financial year.
What is a good PE ratio?
So, what is a good PE ratio for a stock? A “good” P/E ratio isn't necessarily a high ratio or a low ratio on its own. The market average P/E ratio currently ranges from 20-25, so a higher PE above that could be considered bad, while a lower PE ratio could be considered better.
TTM for Financial Reporting
Companies conducting internal corporate financial planning and analysis have access to detailed and very recent financial data. They use the TTM format to evaluate key performance indicators (KPI), revenue growth, margins, working capital management, and other metrics that may vary seasonally or show temporary volatility.
TTM for Equity Research
In the context of equity research and valuation, financial results for publicly traded companies are only released on a quarterly basis in securities filings in accordance with generally accepted accounting principles (GAAP).
Example
To get a clear picture of the last year of performance, analysts and investors often must calculate their own TTM figures from current and prior financial statements. Consider General Electric's (GE) Q1 2015 financial results.
What Does TTM Mean?
The abbreviation TTM is a measure of data over a 12-month period in the past. Typically a TTM period refers to the 12 months preceding the current month, or a 12-month period up to the firm’s most recent earnings report or other financial disclosure.
Three Examples of TTM Measures
TTM can be applied to a wide range of financial data. Let’s take a look at how TTM is applied to revenue, yield and P/E ratios.
TTM and Corporate Financial Reporting
The TTM format is a key tool for companies performing financial planning, since it incorporates the most recent financial data that’s available. TTM is especially useful in evaluating things like working capital, revenue growth and profit margins, which may fluctuate throughout the year depending on seasonal factors.
TTM and Equity Research
Public companies release financial reports on a quarterly basis in the form of securities filings. The part of these filings containing the financial statements features trailing 12-month metrics, updated quarterly per GAAP or generally accepted accounting principles.
How to Calculate TTM Figures
TTM figures are calculated using the most recent year-to-date (YTD) period, plus the last complete fiscal year minus the previous year’s year-to-date period. It’s important to use year-to-date, not just the latest quarter.
The Bottom Line on TTM
TTM is a popular metric not only because it covers a useful time frame, but because it’s simply a prerequisite.
How to calculate TTM
Publicly traded companies report their financials every quarter based on generally accepted accounting principles (GAAP).
Why annualized financial numbers are useful
Annualized TTM numbers are highly useful because they are more current than the last fiscal year's numbers and less volatile than quarterly numbers.
What TTM yield means
When you see TTM in relation to yield, it implies that the numbers use information from the last 12 months.
TTM growth
It is possible to use TTM numbers to calculate annualized changes in financial performance.
TTM Yield Definition and Calculation
The trailing 12-month yield is the average return a fund gave over the past 12 months. It differs from the returns that one stock gives. Returns on single stocks are calculated by dividing the total returns the stock paid out by the stock's market price.
How To Analyze a Mutual Fund's TTM Yield
The TTM yield provides recent data from a fund's average returns and interest payouts. For instance, suppose you're looking at a fund, and you see that its TTM yield is 3.00%. You know this is an average, so you can tell that the fund would average $3,000 for every $100,000 you had in it over the last 12 months.
SEC Yield
The SEC yield is another way to see how a fund is doing. You can use the SEC yield as a way to try and guess the near-term returns if market conditions remain the same. The SEC yield uses returns from the previous month to achieve the result, which means it is a much more recent picture of a fund's current returns.
Outlook on Yields for Bond Funds
Returns from stock and bond funds have been fairly low in recent times. Therefore, it is likely that the long-term trend would be for rates and returns on bonds to rise from these lows.
The Bottom Line
Most of the time, the people looking at trailing 12-month fund returns are searching for steady income rather than growth. The TTM yield is one way you can see how a fund has performed over 12 months.
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