Thaire Financial Statements From 2010 to 2024
| THREL Stock | THB 1.66 0.02 1.19% |
Check Thaire Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thaire Life's main balance sheet or income statement drivers, such as , as well as many indicators such as . Thaire financial statements analysis is a perfect complement when working with Thaire Life Valuation or Volatility modules.
Thaire |
Thaire Life Assurance Company Return On Equity Analysis
Thaire Life'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 Thaire Life Return On Equity | 0.11 |
Most of Thaire Life'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, Thaire Life Assurance 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, Thaire Life Assurance has a Return On Equity of 0.1073. This is 92.6% lower than that of the Insurance sector and 113.94% lower than that of the Financials industry. The return on equity for all Thailand stocks is 134.61% lower than that of the firm.
Thaire Life Assurance Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thaire Life's current stock value. Our valuation model uses many indicators to compare Thaire Life value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thaire Life competition to find correlations between indicators driving Thaire Life's intrinsic value. More Info.Thaire Life Assurance 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 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thaire Life Assurance is roughly 2.63 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Thaire Life by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Thaire Life'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 Thaire Life Financial Statements
Thaire Life stakeholders use historical fundamental indicators, such as Thaire Life's revenue or net income, to determine how well the company is positioned to perform in the future. Although Thaire Life investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thaire Life's assets and liabilities are reflected in the revenues and expenses on Thaire Life'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 Thaire Life Assurance. Please read more on our technical analysis and fundamental analysis pages.
Thaire Life Assurance Public Company Limited provides life reinsurance solutions to various life insurance companies in Thailand. Thaire Life Assurance Public Company Limited was founded in 2000 and is based in Bangkok, Thailand. THAIRE LIFE operates under Insurance - Reinsurance classification in Thailand and is traded on Stock Exchange of Thailand.
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Thaire Life financial ratios help investors to determine whether Thaire 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 Thaire with respect to the benefits of owning Thaire Life security.