Thai Financial Statements From 2010 to 2024
| TRUBB Stock | THB 0.94 0.01 1.05% |
Check Thai Rubber financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thai Rubber'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 Rubber Valuation or Volatility modules.
Thai |
Thai Rubber Latex Company Return On Equity Analysis
Thai Rubber'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 Rubber Return On Equity | 0.14 |
Most of Thai Rubber'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 Rubber Latex 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 Rubber Latex has a Return On Equity of 0.1405. This is 96.1% lower than that of the Consumer Cyclical sector and 98.86% lower than that of the Rubber & Plastics industry. The return on equity for all Thailand stocks is 145.32% lower than that of the firm.
Thai Rubber Latex Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thai Rubber's current stock value. Our valuation model uses many indicators to compare Thai Rubber value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thai Rubber competition to find correlations between indicators driving Thai Rubber's intrinsic value. More Info.Thai Rubber Latex 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 0.40 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thai Rubber Latex is roughly 2.51 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Thai Rubber by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Thai Rubber'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 Rubber Financial Statements
Thai Rubber stakeholders use historical fundamental indicators, such as Thai Rubber's revenue or net income, to determine how well the company is positioned to perform in the future. Although Thai Rubber investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thai Rubber's assets and liabilities are reflected in the revenues and expenses on Thai Rubber'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 Rubber Latex. Please read more on our technical analysis and fundamental analysis pages.
Thai Rubber Latex Group Public Company Limited manufactures, sells, and exports rubber and latex products worldwide. Thai Rubber Latex Group Public Company Limited was founded in 1967 and is headquartered in Bang Phli, Thailand. THAI RUBBER operates under Rubber Plastics classification in Thailand and is traded on Stock Exchange of Thailand.
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Thai Rubber 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 Rubber security.