Techno Financial Statements From 2010 to 2024
| TM Stock | THB 1.16 0.01 0.85% |
Check Techno Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Techno Medical's main balance sheet or income statement drivers, such as , as well as many indicators such as . Techno financial statements analysis is a perfect complement when working with Techno Medical Valuation or Volatility modules.
Techno |
Techno Medical Public Company Return On Equity Analysis
Techno Medical'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 Techno Medical Return On Equity | 0.0284 |
Most of Techno Medical'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, Techno Medical 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, Techno Medical Public has a Return On Equity of 0.0284. This is 100.12% lower than that of the Construction & Engineering sector and 99.62% lower than that of the Industrials industry. The return on equity for all Thailand stocks is 109.16% lower than that of the firm.
Techno Medical Public Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Techno Medical's current stock value. Our valuation model uses many indicators to compare Techno Medical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Techno Medical competition to find correlations between indicators driving Techno Medical's intrinsic value. More Info.Techno Medical 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 0.69 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Techno Medical Public is roughly 1.45 . 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 Techno Medical's earnings, one of the primary drivers of an investment's value.About Techno Medical Financial Statements
Techno Medical investors utilize fundamental indicators, such as revenue or net income, to predict how Techno 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.
Techno Medical Public Company Limited trades in medical supplies, tools, and equipment in Thailand. Techno Medical Public Company Limited is based in Bangkok, Thailand. TECHNO MEDICAL operates under Medical Distribution 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 Techno Stock
Techno Medical financial ratios help investors to determine whether Techno 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 Techno with respect to the benefits of owning Techno Medical security.