Ocean Glass Financials
| OGC Stock | THB 15.50 0.20 1.27% |
Ocean |
Ocean Glass Stock Summary
Ocean Glass competes with Peoples Garment, LPN Development, Nawarat Patanakarn, President Bakery, and Pan Asia. Ocean Glass Public Company Limited, together with its subsidiaries, manufactures and sells table glassware in Thailand. Ocean Glass Public Company Limited was founded in 1979 and is headquartered in Bangkok, Thailand. OCEAN GLASS operates under Furnishings, Fixtures Appliances classification in Thailand and is traded on Stock Exchange of Thailand.| Foreign Associates | |
| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| ISIN | TH0360010001 |
| Business Address | 7588-90 Ocean Tower |
| Sector | Household Durables |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.oceanglass.com |
| Phone | 66 2 661 6556 |
| Currency | THB - Thailand Baht |
You should never invest in Ocean Glass without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ocean Stock, because this is throwing your money away. Analyzing the key information contained in Ocean Glass' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ocean Glass Key Financial Ratios
Ocean Glass' financial ratios allow both analysts and investors to convert raw data from Ocean Glass' financial statements into concise, actionable information that can be used to evaluate the performance of Ocean Glass over time and compare it to other companies across industries.| Return On Equity | 0.0126 | |||
| Return On Asset | 0.0352 | |||
| Number Of Employees | 22 | |||
| Beta | 0.25 | |||
| Z Score | 1.2 |
Ocean Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ocean Glass's current stock value. Our valuation model uses many indicators to compare Ocean Glass value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ocean Glass competition to find correlations between indicators driving Ocean Glass's intrinsic value. More Info.Ocean Glass Public is regarded second in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about 2.79 of Return On Asset per Return On Equity. 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 Ocean Glass' earnings, one of the primary drivers of an investment's value.Ocean Glass Public Systematic Risk
Ocean Glass' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ocean Glass 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Ocean Glass Public correlated with the market. If Beta is less than 0 Ocean Glass generally moves in the opposite direction as compared to the market. If Ocean Glass Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ocean Glass Public is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ocean Glass is generally in the same direction as the market. If Beta > 1 Ocean Glass moves generally in the same direction as, but more than the movement of the benchmark.
Ocean Glass February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ocean Glass help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ocean Glass Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ocean Glass Public based on widely used predictive technical indicators. In general, we focus on analyzing Ocean Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ocean Glass's daily price indicators and compare them against related drivers.
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 10.42 | |||
| Value At Risk | (4.50) | |||
| Potential Upside | 2.62 |
Other Information on Investing in Ocean Stock
Ocean Glass financial ratios help investors to determine whether Ocean 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 Ocean with respect to the benefits of owning Ocean Glass security.