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Stock Analysis of T S I Inc Mn
Thank you for requesting an analysis of T S I Inc Mn from VectorVest ProGraphics.
The ticker symbol for T S I Inc Mn is TSII. TSII is traded on the NASDAQ.
PRICE: TSII closed on 06/25/1999 at $10.75 per share.
VALUE: TSII has a Value of $15 per share. Value is the foundation of the VectorVest
system. It is a measure of what a stock is currently worth. Value is based upon earnings,
earnings growth rate, dividend payments, dividend growth rate, and financial
performance. Current interest and inflation rates also play an important role in the
computation of Value. When interest and/or inflation rates decrease, Value goes up.
When interest rates and inflation increase, Value goes down. Sooner or later a stock's
Price and Value always converge.
RV (Relative Value): TSII has an RV of 1.26. On a scale of 0.00 to 2.00, an RV of 1.26
is very good. RV reflects the long-term price appreciation potential of the stock
compared to an alternative investment in AAA Corporate Bonds. Stocks with RV ratings
above 1.00 have attractive upside potential. A stock will have an RV greater than 1.00
when its Value is greater than Price, and its Relative Safety (see below) and forecasted
earnings growth rate are above average. In some cases, however, a stock's RV will be
above 1.00 even though its Value is well below Price. This happens when a stock has an
exemplary record of financial performance and an above average earnings growth rate.
In this case, the stock is currently selling at a premium, and the investor is banking on
future earnings growth to drive the stock's price higher. This information is very useful
not only in knowing whether or not a stock has favorable price appreciation potential, but
it also solves the riddle of whether to buy high growth, high P/E, or low growth, low P/E
stocks.
We believe that RV ratings above 1.00 are required to consistently achieve above
average capital gains in the stock market.
RS (Relative Safety): TSII has an RS rating of 0.95. On a scale of 0.00 to 2.00, an RS of
0.95 is fair. VectorVest looks at safety from the viewpoint of an equity investor (one
who is buying stock of a company) rather than that of a purchaser of debt (one who is
lending money to the company). From this perspective, consistency of financial and
operating performance, stock price appreciation history, and price volatility are the key
factors used in the evaluation of Relative Safety (RS). Debt to equity ratio, capitalization,
sales volume, business longevity and other factors are also considered, but to a lesser
degree.
VectorVest favors steady, predictable performers. All stocks are rated on a scale of
0.00 to 2.00. A stock with an RS greater than 1.00 is safer and more predictable than the
average of all stocks. A stock with an RS less than 1.00 is less predictable and riskier
than the average stock.
RT (Relative Timing): TSII has an RT rating of 1.43. On a scale of 0.00 to 2.00, an RT
of 1.43 is excellent. RT is a fast, responsive, short-term price trend indicator. It analyzes
the direction, magnitude, and dynamics of a stock's price behavior over the last 13
weeks; then reflects and projects the short-term price performance of the stock. Once a
stock's Price has established a strong trend, it is expected to continue that trend for the
short-term. If the trend dissipates, RT will gravitate towards 1.00. Should the price
change dramatically, RT will notice the crucial turning point. When warranted, it will
explode from a Price low and dive from a Price high.
All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00,the stock's Price is in
an uptrend. Below 1.00, the stock's Price is in a downtrend.
VST-Vector (VST): TSII has a VST-Vector rating of 1.22. On a scale of 0.00 to 2.00,
an VST of 1.22 is very good. VST-Vector solves the dilemma of balancing Value, Safety
and Timing. Stocks with high RV values often have low RS values, or stocks withlow
RV and RS values have high RT's. How can we find the stocks with the best
combinations of Value, Safety, and Timing?
The classic vector formula (square root of the sum of the squares) handles this problem.
It combines a set of forces into a single indicator for ranking every stock in the
VectorVest database. Stocks with the highest VST-Vector have the best combinations
of Value, Safety and Timing. These are the ones to own for above average capital
application.
GRT (Growth Rate): TSII has a GRT of 15 % per year. This is very good. GRT stands
for forecasted Earnings Growth Rate in percent per year. GRT is updated each week for
every stock. Watch GRT trends very carefully. If the GRT trend is up, the stock's Price
will likely rise. If the GRT trend is down, the stock's Price will increase more slowly,
cease to increase, or subsequently fall.
Recommendation (REC): TSII has a Buy recommendation. REC reflects the cumulative
effect of all the VectorVest parameters working together. These parameters are
designed to help investors buy safe, undervalued stocks which are rising in price, and to
avoid or sell risky, overvalued stocks which are falling in price.
VectorVest is tuned to give an "H" or "B" signal when a stock's price is approximately
10% above a recent low, and an "S" signal when the stock's price is approximately 10%
below a recent high. High RV, RS stocks are favored toward receiving "B" REC's, and
sheltered from receiving "S" RECs.
STOP-PRICE: TSII has a Stop-Price of 9.40 per share. This is 1.35 or 12.6% belowits
current closing Price. VectorVest analyzes over 6,000 stocks each day for Value, Safety
and Timing, and calculates a Stop-Price for each stock. These Stop-Prices are based
upon 13 week moving averages of closing prices, and are fine-tuned according to each
stock's fundamentals.
In the VectorVest system, a stock gets a "B" or an "H" recommendation if its price is
above its Stop-Price, and an "S" recommendation if its price is below its Stop-Price.
DIV (Dividend): TSII pays an annual dividend of 0.12 per share. VectorVest focuses on
annual, regular, cash dividends indicated by the most recent disbursement. Special
distributions, one-time payments, stock dividends, etc., generally are not included in
Dividend (DIV).
DY (Dividend Yield): TSII has a DY of 1.1 percent. This is above the current market
average of percent. DY equals 100 x (DIV/PRICE), and is expressed as a percentage.
EY (Earnings Yield): TSII has an EY of 7.22%. This is above the current market
average of %. EY equals 100 x (EARNINGS PER SHARE/PRICE), and is expressed
as a percentage.
EPS (Earnings Per Share): TSII has an EPS of $0.78 per share. EPS stands for leading
12 months Earnings Per Share. VectorVest determines this forecast from a combination
of recent earnings performance and traditional fiscal and/or calendar year earnings
forecasts.
P/E (Price to Earnings Ratio): TSII has a P/E ratio of 13.84. This ratio is computed daily
based upon Price and EPS. P/E = Price/EPS.
GPE (Growth to P/E Ratio): TSII has a GPE of 1.08. This ratio suggests that This ratio
suggests that TSIIis undervalued. Growth to P/E ratio is a popular measure of stock
valuation which compares Earnings Growth Rate (GRT) to Price Earnings ratio (P/E). A
stock is considered to be undervalued when GPE is greater than 1.00, and vice-versa.
VectorVest believes that RV is a much better indicator of long-term value. The RV of
1.26 for TSIIis very good.
DS (Dividend Safety): TSII has a DS of 64. On a scale of 0 to 99, a DS of 64 is good.
DS is defined as the assurance that regular cash dividends will be declared and paid at
current or at higher rates for the foreseeable future. Stocks with DS values above 50 on
a scale of 0 to 99 areabove average in safety.
RISK (Dividend Risk): TSII has a Dividend Risk of Med. All stocks in the VectorVest
system that pay dividends are classified as having Low, Medium or High Dividend Risk
(RISK). Stocks with DS values above 50 are above average in safety. These stocks are
classified as having LOW or MEDIUM RISK. Stocks with DS values below 50 are
below average in safety and are classified as having HIGH Risk.
DG (Dividend Growth): TSII has a DG of 15 percent per year. Dividend Growth is a
subtle yet important indicator of a company's historical financial performance and the
board's current outlook on the future use of funds.
YSG-VECTOR (Yield-Safety-Growth Vector): TSII has a YSG-Vector of 0.97. On a
scale of 0.00 to 2.00, an YSG-Vector rating of 0.97 is fair. VectorVest combines
Dividend YIELD, SAFETY and GROWTH into a single parameter. YSG-Vector allows
direct comparison of all dividend paying stocks. Stocks with the highest YSG-Vector
values have the best combinations of Dividend Yield, Safety and Growth. These are the
stocks to buy for above average current income and long-term growth.
VOL(100)s: TSII traded 8400 shares on 06/25/1999.
AVG VOL(100)s: TSII has an Average Volume of 36033. Average Volume is 50 day
moving average of daily volume as computed by VectorVest.
% VOL: TSII had a Volume change of -76.7% from its 50 day moving average volume.
OPEN: TSII opened trading at $10.56 per share on 06/25/1999.
HIGH: TSII traded at a high of $10.88 per share on 06/25/1999.
LOW: TSII traded at a low of $10.56 per share on 06/25/1999.
CLOSE: TSII Closed trading at $10.75 per share on 06/25/1999.
% PRC: TSII showed a Price change of 1.2% from the prior day's closing price.
INDUSTRY: TSIIhas been assigned to the Instruments (Measuring) Group. VectorVest
classifies stocks into over 190 Industry Groups and 50 Business Sectors.
TSII has about average safety with well above average upside potential. It reflects a
stock which is likely to give well above average, relatively consistent returns over the
long term. |
