What is Titan Environmental Solutions Predictability Rank?
Not Rated
Warren Buffett said many times that the companies he likes are:
1. Simple businesses that he understands
2. that have predictable and proven earnings and
3. with economic moat
4. those can be bought at a reasonable price.
It is hard to quantify "simple businesses that he (Buffett) understands", so we will focus on the other three characteristics instead. In GuruFocus Research: What worked in the market from 1998-2008? Part I: Introduction of Predictability Rank, we will show that the businesses that have predictable and proven earnings are usually also simple businesses that an average person could understand.
GuruFocus conducted a back test study of Warren Buffett's strategy of "buying good companies at fair prices" for the years from 1998-2008.
Titan Environmental Solutions Predictability Rank Calculation
In our database there are 2403 stocks that have been traded from Jan. 2, 1998 to Aug. 31, 2008. We have the complete 10-year financial data and trading prices of these companies for this period. We rank the predictability of these companies based on the consistency of their revenue per share and EBITDA (earning before interest, tax, depreciation and amortization) per share over the past ten fiscal years, and study the correlation between the stock performances and the predictability of the business.
Our study may be subject to these biases and assumptions:
Dividend yields are not counted for investment returns
Effects of price changes due to spin-offs may not be fully adjusted
Study is subjected to survivorship bias due to de-listing, bankruptcy, LBO, M&A, etc.
The correlation between business predictability and investment returns of a company is showed below.
Correlation Between Business Predictability and Investment Returns
| Predictables | Non-Predictable | All stocks |
|---|
| Total Number of stocks | 570 | 1833 | 2403 |
| Total Lost Money | 61 | 830 | 891 |
| Total Lost More Than 50% | 18 | 412 | 430 |
| Total Lost More Than 90% | 4 | 86 | 90 |
| Average Gain | 260.6% | 100.0% | 138.1% |
| Median Gain | 150.0% | 13.0% | 39.0% |
| Maximum Gain | 2852.0% | 11483.0% | 11483.0% |
| Maximum Loss | -100.0% | -100.0% | -100.0% |
| Annualized Average Gain | 12.7% | 6.7% | 8.4% |
| Annualized Median Gain | 8.9% | 1.1% | 3.1% |
For the 570 predictable companies, we have seen strong correlation between the predictability of businesses and the stock performances over the past 10 years, regardless of the valuation of business at 1998. Accordingly, we have ranked the business predictability from 5-star to 1-star, as shown in this table.
| Predictability Rank | 5-Star | 4.5-Star | 4-Star | 3.5-Star | 3-Star | 2.5-Star | 2-Star | 1-Star (non-predictable) | Average among all |
|---|
| % Out of All 2403 Stocks |
3.3% |
2.9% |
3.7% |
3.3% |
3.3% |
3.7% |
3.3% |
76.3% |
100% |
| % that are in Loss (10y) |
3% |
10% |
8% |
9% |
11% |
18% |
16% |
45% |
37% |
| Average Gain (10y) |
364.6% |
330.9% |
278.0% |
235.1% |
243.5% |
227.8% |
154.8% |
100.0% |
138.1% |
| Median Gain (10y) |
238.5% |
193.5% |
171.0% |
159.0% |
132.5% |
113.5% |
87.0% |
13.0% |
39.0% |
| Maximum Gainer |
2228.0% |
2547.0% |
2452.0% |
2852.0% |
2432.0% |
1892.0% |
1807.0% |
11483.0% |
11483.0% |
| Maximum Loser |
-82.0% |
-53.0% |
-67.0% |
-100.0% |
-83.0% |
-100.0% |
-78.0% |
-100.0% |
-100.0% |
| Annualized Average Gain |
15.4% |
14.6% |
13.2% |
12.0% |
12.2% |
11.7% |
9.1% |
6.7% |
8.4% |
| Annualized Median Gain |
12.1% |
10.6% |
9.8% |
9.3% |
8.2% |
7.3% |
6.0% |
1.1% |
3.1% |
For detailed information about each predictability rank, please go to GuruFocus Research: What worked in the market from 1998-2008? Part I: Introduction of Predictability Rank
Also read:
Part II: What worked in the market from 1998-2008? Part II: Role of Valuations
Part III: Intrinsic Value, Discounted Cash Flow and Margin of Safety
Titan Environmental Solutions (Titan Environmental Solutions) Business Description
Traded in Other Exchanges
N/A
Address
14205 SE 36th Street, Suite 100, Bellevue, WA, USA, 98006
Titan Environmental Solutions Inc is a integrated providing company that provides non-hazardous solid waste and recycling collection, transportation, transfer and disposal services. It also provides technology-enabled solutions for food waste processing, including onsite digesters for food waste, together with cloud-based software tracking and analytics solutions.
Executives
| Eleven 11 Management Llc |
10 percent owner |
156 W. SADDLE RIVER ROAD, SADDLE RIVER NJ 07458 |
| Jeffrey John Rizzo |
director, 10 percent owner, officer: Chief Operating Officer |
1931 AUSTIN DRIVE, TROY MI 48083 |
| Michelle Rizzo |
10 percent owner |
1931 AUSTIN DRIVE, TROY MI 48083 |
| Michelle M. Rizzo Trust, Dated January 17, 2009 |
10 percent owner |
1931 AUSTIN DRIVE, TROY MI 48083 |
| Marilyn Rizzo |
10 percent owner |
1931 AUSTIN DRIVE, TROY MI 48083 |
| Marilyn D. Rizzo Trust, Dated April 23, 2010, As Amended |
10 percent owner |
1931 AUSTIN DRIVE, TROY MI 48083 |
| Titan 5, Llc |
10 percent owner |
1931 AUSTIN DRIVE, TROY MI 48083 |
| Titan Holdings 2, Llc |
10 percent owner |
1931 AUSTIN DRIVE, TROY MI 48083 |
| Michael Jansen |
officer: Chief Financial Officer |
1931 AUSTIN DRIVE, TROY MI 48083 |
| Glen Martin Miller |
director, officer: Chief Executive Officer |
1931 AUSTIN DRIVE, TROY MI 48083 |
| Frank E. Celli |
director |
27 BRADLEY LANE, MONTVALE NJ 07645 |
| Sandeep Soni |
officer: President of Kringle.ai |
515 OCEAN AVENUE, UNIT 401N, SANTA MONICA CA 90402 |
| Lathika Regunathan |
officer: President of Mimo Technologies |
A 847, GROUND FLOOR, LAVY PINTO BLOCK,, ASIAN GAMES VILLAGE, NEW DELHI K7 110049 |
| Michael H Pollack |
officer: Interim CFO |
114 WEST 47TH STREET, 19TH FLOOR, NEW YORK NY 10036 |
| Richard J Berman |
director |
305 COLLEGE ROAD EAST, PRINCETON NJ 08540 |
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