Millcon Steel Financials
| MILL Stock | THB 0.10 0.01 11.11% |
Millcon |
Understanding current and past Millcon Steel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Millcon Steel's financial statements are interrelated, with each one affecting the others. For example, an increase in Millcon Steel's assets may result in an increase in income on the income statement.
Millcon Steel Stock Summary
Millcon Steel competes with PTT Public, PTT Exploration, Siam Cement, CP ALL, and Kasikornbank Public. Millcon Steel Public Company Limited manufactures and trades in steel products in Thailand and internationally. Millcon Steel Public Company Limited was founded in 1998 and is headquartered in Bangkok, Thailand. MILLCON STEEL operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.| Foreign Associate | USA |
| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| ISIN | TH0957010Y02 |
| Business Address | 9, 11, 13, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.millconsteel.com |
| Phone | 66 2 896 4444 |
| Currency | THB - Thailand Baht |
You should never invest in Millcon Steel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Millcon Stock, because this is throwing your money away. Analyzing the key information contained in Millcon Steel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Millcon Steel Key Financial Ratios
Millcon Steel's financial ratios allow both analysts and investors to convert raw data from Millcon Steel's financial statements into concise, actionable information that can be used to evaluate the performance of Millcon Steel over time and compare it to other companies across industries.| Return On Equity | 0.0331 | |||
| Return On Asset | 0.0163 | |||
| Target Price | 2.2 | |||
| Number Of Employees | 27 | |||
| Beta | 0.25 |
Millcon Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Millcon Steel's current stock value. Our valuation model uses many indicators to compare Millcon Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Millcon Steel competition to find correlations between indicators driving Millcon Steel's intrinsic value. More Info.Millcon Steel Public is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Millcon Steel Public is roughly 2.03 . 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 Millcon Steel's earnings, one of the primary drivers of an investment's value.Millcon Steel Public Systematic Risk
Millcon Steel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Millcon Steel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Millcon Steel Public correlated with the market. If Beta is less than 0 Millcon Steel generally moves in the opposite direction as compared to the market. If Millcon Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Millcon Steel Public is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Millcon Steel is generally in the same direction as the market. If Beta > 1 Millcon Steel moves generally in the same direction as, but more than the movement of the benchmark.
Millcon Steel Thematic Clasifications
Millcon Steel Public is part of Iron investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
Millcon Steel November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Millcon Steel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Millcon Steel Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Millcon Steel Public based on widely used predictive technical indicators. In general, we focus on analyzing Millcon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Millcon Steel's daily price indicators and compare them against related drivers.
| Downside Deviation | 10.89 | |||
| Information Ratio | 0.0659 | |||
| Maximum Drawdown | 51.52 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 11.11 |
Other Information on Investing in Millcon Stock
Millcon Steel financial ratios help investors to determine whether Millcon 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 Millcon with respect to the benefits of owning Millcon Steel security.