
Tri-Continental Corporation Financial Ratios 2020-2011 | TY
Brief overview of Tri-Continental Corporation's valuation and returns
The review covers five available annual periods spanning 2013 to 2019.
The current valuation set is P/E 4.51x (median 4.88x), P/B 0.9x (median 0.85x), P/CF 4.51x (median 4.88x). The multiple basket looks neutral against its history, differing from median levels by roughly -7.7%.
The inverse P/E implies an earnings yield of 22.2%. This is not a dividend yield, but current earnings relative to market price.
The latest available business-quality ratios are ROE 20.1%, ROA 20%. Profitability forms a strong profile, with capital and assets producing substantial returns.
Financial-company multiples cannot be compared directly with industrial businesses; P/B and sustainable capital returns remain central.
Overall assessment
Tri-Continental Corporation's multiples form a balanced picture without a clear discount or premium. Future appeal depends on earnings and return trends.
Annual Financial Ratios Tri-Continental Corporation
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E |
- | 4.5 | -17.8 | 4.9 | 6.9 | -34.1 | 8.7 | 3.8 | 6.5 | 14.2 |
P/S |
- | 24.7 | 21.3 | 23.1 | 21.8 | 19.6 | 24.5 | 24.2 | 23.1 | 35.0 |
EV/EBITDA |
- | 2.5 | -6.5 | 2.7 | 4.0 | -9.7 | 5.1 | 2.1 | 3.7 | 8.4 |
PEG |
- | 0.01 | 0.14 | 0.07 | 0.01 | 0.28 | -0.17 | 0.04 | 0.04 | -0.25 |
P/B |
- | 0.9 | 0.9 | 0.8 | 0.9 | 0.8 | 0.8 | 0.8 | 0.9 | 0.9 |
P/CF |
- | 4.5 | -17.8 | 4.9 | 6.9 | -34.1 | 8.7 | 3.8 | 6.5 | 14.2 |
ROE % |
- | 20.05 | -5.00 | 16.77 | 12.29 | -2.27 | 9.43 | 21.27 | 13.49 | 6.13 |
ROA % |
- | 20.01 | -4.98 | 16.75 | 12.18 | -2.26 | 9.37 | 21.18 | 13.44 | 5.63 |
DSO |
- | 52.5 | 76.4 | 60.4 | 139.5 | 85.1 | 112.2 | 118.5 | 47.3 | 64.6 |
DPO |
- | 135.8 | 227.4 | 71.0 | 813.3 | 274.5 | 460.8 | 352.4 | 272.0 | 121.7 |
All numbers in USD currency
Multiples are an important financial analysis tool for the company Tri-Continental Corporation, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.
Advantages of Using Financial Ratios- Simplified Data Analysis
Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition. - Comparability Between Companies
Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations. - Identification of Trends and Issues
Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks. - Decision Support
Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions. - Accelerated Assessment of Investment Attractiveness
Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.
Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.