Modernform Group Financials
| MODERN Stock | THB 2.58 0.02 0.78% |
Modernform |
Understanding current and past Modernform Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Modernform Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Modernform Group's assets may result in an increase in income on the income statement.
Please note, the presentation of Modernform Group's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Modernform Group's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Modernform Group's management manipulating its earnings.
Modernform Group Stock Summary
Modernform Group competes with KGI Securities, Hana Microelectronics, LPN Development, MFEC PCL, and Land. Modernform Group Public Company Limited manufactures and distributes residential and office furniture in Thailand. In addition, it offers office space rental distributes health and care products, tools, and equipment and provides landscape and interior design services. MODERNFORM GROUP operates under Home Furnishings Fixtures classification in Thailand and is traded on Stock Exchange of Thailand.| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| ISIN | TH0291B10Z00 |
| Business Address | Modernform Tower, Bangkok, |
| Sector | Household Durables |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.modernform.co.th |
| Phone | 66 2 094 9999 |
| Currency | THB - Thailand Baht |
You should never invest in Modernform Group without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Modernform Stock, because this is throwing your money away. Analyzing the key information contained in Modernform Group's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Modernform Group Key Financial Ratios
Modernform Group's financial ratios allow both analysts and investors to convert raw data from Modernform Group's financial statements into concise, actionable information that can be used to evaluate the performance of Modernform Group over time and compare it to other companies across industries.Modernform Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Modernform Group's current stock value. Our valuation model uses many indicators to compare Modernform Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Modernform Group competition to find correlations between indicators driving Modernform Group's intrinsic value. More Info.Modernform Group 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 0.69 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Modernform Group Public is roughly 1.44 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Modernform Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Modernform Group'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.Modernform Group Public Systematic Risk
Modernform Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Modernform Group 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Modernform Group Public correlated with the market. If Beta is less than 0 Modernform Group generally moves in the opposite direction as compared to the market. If Modernform Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Modernform Group Public is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Modernform Group is generally in the same direction as the market. If Beta > 1 Modernform Group moves generally in the same direction as, but more than the movement of the benchmark.
Modernform Group November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Modernform Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Modernform Group Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Modernform Group Public based on widely used predictive technical indicators. In general, we focus on analyzing Modernform Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Modernform Group's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.02 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 7.33 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 2.17 |
Complementary Tools for Modernform Stock analysis
When running Modernform Group's price analysis, check to measure Modernform Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Modernform Group is operating at the current time. Most of Modernform Group's value examination focuses on studying past and present price action to predict the probability of Modernform Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modernform Group's price. Additionally, you may evaluate how the addition of Modernform Group to your portfolios can decrease your overall portfolio volatility.
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