Tipco Financial Statements From 2010 to 2024
| TASCO Stock | THB 18.70 0.10 0.54% |
Check Tipco Asphalt financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tipco Asphalt's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tipco financial statements analysis is a perfect complement when working with Tipco Asphalt Valuation or Volatility modules.
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Tipco Asphalt Public Company Return On Equity Analysis
Tipco Asphalt's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Tipco Asphalt Return On Equity | 0.12 |
Most of Tipco Asphalt's fundamental indicators, such as Return On Equity, 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, Tipco Asphalt Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Tipco Asphalt Public has a Return On Equity of 0.1158. This is 87.27% lower than that of the Construction Materials sector and 95.09% lower than that of the Materials industry. The return on equity for all Thailand stocks is 137.35% lower than that of the firm.
Tipco Asphalt Public Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tipco Asphalt's current stock value. Our valuation model uses many indicators to compare Tipco Asphalt value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tipco Asphalt competition to find correlations between indicators driving Tipco Asphalt's intrinsic value. More Info.Tipco Asphalt Public is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tipco Asphalt Public is roughly 2.57 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tipco Asphalt by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tipco Asphalt's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Tipco Asphalt Financial Statements
Tipco Asphalt stakeholders use historical fundamental indicators, such as Tipco Asphalt's revenue or net income, to determine how well the company is positioned to perform in the future. Although Tipco Asphalt investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tipco Asphalt's assets and liabilities are reflected in the revenues and expenses on Tipco Asphalt's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tipco Asphalt Public. Please read more on our technical analysis and fundamental analysis pages.
Tipco Asphalt Public Company Limited, together with its subsidiaries, manufactures and distributes asphalt and petroleum products in Thailand and internationally. Tipco Asphalt Public Company Limited was founded in 1979 and is headquartered in Bangkok, Thailand. TIPCO ASPHALT operates under Building Materials classification in Thailand and is traded on Stock Exchange of Thailand.
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Tipco Asphalt financial ratios help investors to determine whether Tipco 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 Tipco with respect to the benefits of owning Tipco Asphalt security.