Tropical Financial Statements From 2010 to 2024
| TC Stock | THB 6.85 0.05 0.74% |
Check Tropical Canning financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tropical Canning's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tropical financial statements analysis is a perfect complement when working with Tropical Canning Valuation or Volatility modules.
Tropical |
Tropical Canning Public Company Return On Equity Analysis
Tropical Canning'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 Tropical Canning Return On Equity | 0.2 |
Most of Tropical Canning'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, Tropical Canning 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.
| Competition |
Based on the latest financial disclosure, Tropical Canning Public has a Return On Equity of 0.2047. This is 92.25% lower than that of the Food Products sector and 103.88% lower than that of the Consumer Staples industry. The return on equity for all Thailand stocks is 166.03% lower than that of the firm.
Tropical Canning Public Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tropical Canning's current stock value. Our valuation model uses many indicators to compare Tropical Canning value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tropical Canning competition to find correlations between indicators driving Tropical Canning's intrinsic value. More Info.Tropical Canning Public is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tropical Canning Public is roughly 2.46 . 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 Tropical Canning's earnings, one of the primary drivers of an investment's value.About Tropical Canning Financial Statements
Tropical Canning investors utilize fundamental indicators, such as revenue or net income, to predict how Tropical 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.
Tropical Canning Public Company Limited engages in the manufacturing and trading of canned and pouched seafood products in Thailand, rest of Asia, Africa, the Americas, Australia, and Europe. The company was incorporated in 1994 and is based in Hat Yai, Thailand. TROPICAL CANNING operates under Packaged Foods classification in Thailand and is traded on Stock Exchange of Thailand.
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Tropical Canning financial ratios help investors to determine whether Tropical 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 Tropical with respect to the benefits of owning Tropical Canning security.