Thai Metal Financials
TMD Stock | THB 24.60 0.30 1.23% |
Thai |
Thai Metal Stock Summary
Thai Metal competes with Thantawan Industry, Thitikorn Public, Siam Steel, and Thai Vegetable. Thai Metal Drum Manufacturing Public Company Limited, together with its subsidiaries, manufactures and distributes metal drums in Thailand. Thai Metal Drum Manufacturing Public Company Limited was founded in 1958 and is headquartered in Bangkok, Thailand. THAI METAL operates under Packaging Containers classification in Thailand and is traded on Stock Exchange of Thailand.Foreign Associate | USA |
Instrument | Thailand Stock View All |
Exchange | Thailand Exchange |
ISIN | TH0165010Z01 |
Business Address | Lake Rajada Office |
Sector | Containers & Packaging |
Industry | Materials |
Benchmark | Dow Jones Industrial |
Website | www.thaimetaldrum.com |
Phone | 66 2 264 0817 |
Currency | THB - Thailand Baht |
You should never invest in Thai Metal without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Thai Stock, because this is throwing your money away. Analyzing the key information contained in Thai Metal's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Thai Metal Key Financial Ratios
Thai Metal's financial ratios allow both analysts and investors to convert raw data from Thai Metal's financial statements into concise, actionable information that can be used to evaluate the performance of Thai Metal over time and compare it to other companies across industries.Thai Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thai Metal's current stock value. Our valuation model uses many indicators to compare Thai Metal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thai Metal competition to find correlations between indicators driving Thai Metal's intrinsic value. More Info.Thai Metal Drum 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 0.60 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thai Metal Drum is roughly 1.66 . 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 Thai Metal's earnings, one of the primary drivers of an investment's value.Thai Metal Drum Systematic Risk
Thai Metal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thai Metal 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Thai Metal Drum correlated with the market. If Beta is less than 0 Thai Metal generally moves in the opposite direction as compared to the market. If Thai Metal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thai Metal Drum is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thai Metal is generally in the same direction as the market. If Beta > 1 Thai Metal moves generally in the same direction as, but more than the movement of the benchmark.
Thai Metal Thematic Clasifications
Thai Metal Drum is part of several thematic ideas from Aluminum to Copper. 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. Get More Thematic IdeasThai Metal January 24, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Thai Metal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thai Metal Drum. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thai Metal Drum based on widely used predictive technical indicators. In general, we focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thai Metal's daily price indicators and compare them against related drivers.
Information Ratio | (0.05) | |||
Maximum Drawdown | 5.7 | |||
Value At Risk | (1.63) | |||
Potential Upside | 1.65 |
Other Information on Investing in Thai Stock
Thai Metal 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 Metal security.