Toughbuilt Industries Intrinsic Stock Value – ToughBuilt Industries Announces Reverse Stock Split to Strengthen Shareholder Value

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TOUGHBUILT ($NASDAQ:TBLT): ToughBuilt Industries, a leading provider of innovative tools and accessories for the construction industry, recently announced that it would be implementing a reverse stock split in order to strengthen its shareholder value. This move comes as ToughBuilt seeks to increase the liquidity and marketability of its stock. The reverse stock split will involve the company consolidating its existing shares of common stock on a one-for-five basis. This means that every five existing shares of common stock will be converted into one new share of the company’s common stock. The decision by ToughBuilt Industries to conduct a reverse stock split is part of the company’s strategy to enhance its shareholder value. By consolidating its existing shares, the company can create greater liquidity and marketability for its stock, which is eventually expected to result in an increase in the price of the stock.

Additionally, the reverse stock split will make it easier for more investors to invest in the stock thereby increasing demand for the stock and driving up the price. ToughBuilt Industries is confident that this move will be beneficial for its shareholders in the long-term as it will improve the liquidity and marketability of its stock, as well as lead to increased demand and a higher stock price.

Market Price

The company’s stock opened at $0.2 and closed at the same price, which was down 2.6% from its previous closing price. This decision was taken in order to increase the trading liquidity and marketability of the company’s common stock. The board of directors of ToughBuilt Industries approved the stock split in order to reduce the number of outstanding shares and increase the value of each share. With the reverse stock split, ToughBuilt Industries hopes to further optimize shareholder value and build a stronger foundation for growth and success in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Toughbuilt Industries. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Toughbuilt Industries. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Toughbuilt Industries. More…

Key Ratios Snapshot

Some of the financial key ratios for Toughbuilt Industries are shown below. More…

Analysis – Toughbuilt Industries Intrinsic Stock Value

At GoodWhale, we recently conducted an analysis of TOUGHBUILT INDUSTRIES‘s wellbeing. Using our proprietary Valuation Line, we were able to calculate the intrinsic value of TOUGHBUILT INDUSTRIES share to be around $1.3. Unfortunately, the company’s stock is currently trading at $0.2 – this indicates that the stock is undervalued by an astonishing 84.8%. We believe this discrepancy could be an opportunity for investors to take advantage of and make a potential return on their investments. More…

Peers

ToughBuilt Industries Inc, Trifast PLC, KPT Industries Ltd, and Techtronic Industries Co Ltd are all manufacturers of construction and industrial tools and equipment. While each company has its own strengths and weaknesses, they all compete in the same marketplace.

– Trifast PLC ($LSE:TRI)

Trifast PLC is a UK-based engineering company that manufactures and supplies fasteners and related products. It has a market cap of 77.58M as of 2022 and a Return on Equity of 5.33%. The company serves a range of industries, including construction, automotive, aerospace, and electronics.

– KPT Industries Ltd ($BSE:505299)

KPT Industries Ltd is a publicly traded company with a market capitalization of 703.63M as of 2022. The company has a Return on Equity of 18.17%. KPT Industries Ltd is engaged in the manufacture and sale of precision engineered products and solutions. The company’s products and solutions are used in a variety of industries, including aerospace, defense, medical, and automotive.

– Techtronic Industries Co Ltd ($SEHK:00669)

Technitronic Industries Co Ltd is a Hong Kong-based company engaged in the design, manufacture and sale of a range of power tools and equipment. The Company’s products include drills, saws, grinders, routers, sanders and polishers, among others. As of December 31, 2011, the Company operated a total of 12 manufacturing plants located in Mainland China, Hong Kong, Malaysia, United Kingdom and the United States of America. The Company distributes its products in approximately 100 countries and regions worldwide. The Company’s ultimate holding company is Techtronic Industries Power Equipment Co. Ltd.

Summary

ToughBuilt Industries, a leader in the construction industry, recently announced a reverse stock split. This means that each existing share of stock will be divided into a smaller number of shares, resulting in a decrease of the total number of shares outstanding. This move is seen as a way to help the company regain its position in the market and increase its value to shareholders. Investors should consider the potential implications of the reverse stock split when evaluating potential investments in ToughBuilt Industries.

Analysts have noted that the company may be able to raise capital, which could be used for strategic investments and help turn the business around. It may also be beneficial for the company to reduce its overhead costs in order to become more competitive in the market. Investors should examine the company’s financials and compare it to similar companies to assess its long-term potential.