(TOM2) TomTom - Ratings and Ratios

TomTom NV is a leading provider of navigation and location-based products and services, operating globally across Europe, the Americas, and other international markets. The company is segmented into two main divisions: Location Technology and Consumer, catering to a diverse range of customers including enterprises, automotive manufacturers, and individual consumers. Its product portfolio encompasses a wide array of solutions, including navigation applications, satellite navigation devices, in-dash navigation systems, and various mapping services. Additionally, TomTom offers advanced traffic management solutions, such as traffic statistics, origin-destination analysis, and traffic APIs, which are crucial for both the automotive industry and public sector entities.

From a business perspective, TomTom has established itself as a key player in the consumer electronics sector, particularly within the navigation and mapping domain. The companys extensive suite of products and services supports various applications, from personal navigation and automotive integration to fleet management and logistics. With its headquarters in Amsterdam, the Netherlands, and a history dating back to 1991, TomTom has evolved significantly over the years, adapting to technological advancements and shifting market demands. For more information, one can visit the companys official website at https://www.tomtom.com.

Analyzing TomToms stock (TOM2) on a technical level, the current price is €5.12, slightly below its 20-day Simple Moving Average (SMA) of €5.15 but above both its 50-day SMA (€4.91) and 200-day SMA (€5.00). The Average True Range (ATR) stands at €0.17, indicating a daily volatility of approximately 3.25%. The stock has traded within a 52-week range of €4.00 to €5.84. These technical indicators suggest a relatively stable stock with some potential for short-term fluctuations.

Fundamentally, TomToms market capitalization is approximately €704.85 million. The company is not currently profitable on a trailing twelve-month basis, as indicated by the absence of a Price-to-Earnings (P/E) ratio. However, the forward P/E ratio is 23.87, suggesting anticipated profitability in the future. The Return on Equity (RoE) stands at -6.65%, reflecting the current challenges in generating profits. Despite these challenges, the forward-looking metrics imply potential for recovery or growth.

Forecasting TomToms stock performance involves integrating both technical and fundamental analyses. Given the current technical indicators and fundamental data, a plausible scenario could involve a stabilization or slight increase in stock price in the short term, potentially targeting the resistance level around €5.84. The forward P/E ratio suggests that investors are expecting improved earnings, which could positively influence the stock price if realized. However, the negative RoE and the absence of a current P/E ratio underscore the need for the company to demonstrate profitability. Therefore, a key driver for the stocks performance will be TomToms ability to achieve its projected earnings growth, alongside broader market conditions and the overall demand for its products and services.