Millcon Financial Statements From 2010 to 2024
MILL Stock | THB 0.09 0.01 10.00% |
Check Millcon Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Millcon Steel's main balance sheet or income statement drivers, such as , as well as many indicators such as . Millcon financial statements analysis is a perfect complement when working with Millcon Steel Valuation or Volatility modules.
Millcon |
Millcon Steel Public Company Return On Asset Analysis
Millcon Steel's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Millcon Steel Return On Asset | 0.0163 |
Most of Millcon Steel's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Millcon Steel Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition |
Based on the latest financial disclosure, Millcon Steel Public has a Return On Asset of 0.0163. This is 97.8% lower than that of the Metals & Mining sector and 99.66% lower than that of the Materials industry. The return on asset for all Thailand stocks is 111.64% lower than that of the firm.
Millcon Steel Public Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Millcon Steel's current stock value. Our valuation model uses many indicators to compare Millcon Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Millcon Steel competition to find correlations between indicators driving Millcon Steel's intrinsic value. More Info.Millcon Steel Public is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Millcon Steel Public is roughly 2.03 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Millcon Steel's earnings, one of the primary drivers of an investment's value.About Millcon Steel Financial Statements
Millcon Steel investors utilize fundamental indicators, such as revenue or net income, to predict how Millcon Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Millcon Steel Public Company Limited manufactures and trades in steel products in Thailand and internationally. Millcon Steel Public Company Limited was founded in 1998 and is headquartered in Bangkok, Thailand. MILLCON STEEL operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Millcon Stock
Millcon Steel financial ratios help investors to determine whether Millcon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Millcon with respect to the benefits of owning Millcon Steel security.