Noble Development Financials
| NOBLE Stock | THB 2.84 0.02 0.71% |
Noble |
Please note, the presentation of Noble Development'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, Noble Development's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Noble Development's management manipulating its earnings.
Noble Development Stock Summary
Noble Development competes with Land, AP Public, Lalin Property, Quality Houses, and Siri Prime. Noble Development Public Company Limited, together with its subsidiaries, develops and sells real estate properties in Thailand. Noble Development Public Company Limited was founded in 1991 and is headquartered in Bangkok, Thailand. NOBLE DEVELOPMENT operates under Real Estate - General classification in Thailand and is traded on Stock Exchange of Thailand.| Foreign Associate | Denmark |
| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| ISIN | TH0564B10Z00 |
| Business Address | Noble Building, Bangkok, |
| Sector | Real Estate Management & Development |
| Industry | Real Estate |
| Benchmark | Dow Jones Industrial |
| Website | www.noblehome.com |
| Phone | 66 2 251 9955 |
| Currency | THB - Thailand Baht |
You should never invest in Noble Development without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Noble Stock, because this is throwing your money away. Analyzing the key information contained in Noble Development's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Noble Development Key Financial Ratios
Noble Development's financial ratios allow both analysts and investors to convert raw data from Noble Development's financial statements into concise, actionable information that can be used to evaluate the performance of Noble Development over time and compare it to other companies across industries.| Return On Equity | 0.0201 | |||
| Return On Asset | 1.0E-4 | |||
| Target Price | 10.6 | |||
| Number Of Employees | 23 | |||
| Beta | 0.7 |
Noble Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Noble Development's current stock value. Our valuation model uses many indicators to compare Noble Development value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Noble Development competition to find correlations between indicators driving Noble Development's intrinsic value. More Info.Noble Development Public is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . The ratio of Return On Equity to Return On Asset for Noble Development Public is about 201.00 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Noble Development by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Noble Development'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.Noble Development Public Systematic Risk
Noble Development's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Noble Development 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 fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on Noble Development Public correlated with the market. If Beta is less than 0 Noble Development generally moves in the opposite direction as compared to the market. If Noble Development Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Noble Development Public is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Noble Development is generally in the same direction as the market. If Beta > 1 Noble Development moves generally in the same direction as, but more than the movement of the benchmark.
Noble Development December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Noble Development help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Noble Development Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Noble Development Public based on widely used predictive technical indicators. In general, we focus on analyzing Noble Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Noble Development's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 9.28 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.92 |
Complementary Tools for Noble Stock analysis
When running Noble Development's price analysis, check to measure Noble Development'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 Noble Development is operating at the current time. Most of Noble Development's value examination focuses on studying past and present price action to predict the probability of Noble Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noble Development's price. Additionally, you may evaluate how the addition of Noble Development to your portfolios can decrease your overall portfolio volatility.
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