Thai Financial Statements From 2010 to 2024
| TCOAT Stock | THB 26.50 5.25 16.54% |
Check Thai Coating financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thai Coating's main balance sheet or income statement drivers, such as , as well as many indicators such as . Thai financial statements analysis is a perfect complement when working with Thai Coating Valuation or Volatility modules.
Thai |
Thai Coating Industrial Company Return On Equity Analysis
Thai Coating'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 Thai Coating Return On Equity | -0.0227 |
Most of Thai Coating'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, Thai Coating Industrial 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, Thai Coating Industrial has a Return On Equity of -0.0227. This is 100.63% lower than that of the Containers & Packaging sector and 106.49% lower than that of the Materials industry. The return on equity for all Thailand stocks is 92.68% lower than that of the firm.
Thai Coating Industrial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thai Coating's current stock value. Our valuation model uses many indicators to compare Thai Coating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thai Coating competition to find correlations between indicators driving Thai Coating's intrinsic value. More Info.Thai Coating Industrial 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Thai Coating by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Thai Coating'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 Thai Coating Financial Statements
Thai Coating stakeholders use historical fundamental indicators, such as Thai Coating's revenue or net income, to determine how well the company is positioned to perform in the future. Although Thai Coating investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thai Coating's assets and liabilities are reflected in the revenues and expenses on Thai Coating'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 Thai Coating Industrial. Please read more on our technical analysis and fundamental analysis pages.
Thai Coating Industrial Public Company Limited manufactures and sells plastic sacks and beads in Thailand. The company was incorporated in 1978 and is headquartered in Prachinburi, Thailand. THAI COATING is traded on Stock Exchange of Thailand in Thailand.
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Thai Coating financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Coating security.