Thai Rung Financials

TRU Stock  THB 3.18  0.02  0.63%   
Please exercise analysis of Thai Rung fundamentals to determine if markets are correctly pricing the firm. We are able to break down and analyze data for thirty-four available drivers for Thai Rung Union, which can be compared to its competition. The stock experiences a moderate upward volatility. Check odds of Thai Rung to be traded at 3.5 in 90 days.
  
Understanding current and past Thai Rung Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Thai Rung's financial statements are interrelated, with each one affecting the others. For example, an increase in Thai Rung's assets may result in an increase in income on the income statement.

Thai Rung Stock Summary

Thai Rung competes with TRC Construction, Bangkok Expressway, Lohakit Metal, Gunkul Engineering, and AJ Plast. Thai Rung Union Car Public Company Limited engages in car assembly and modification, and the manufacture and distribution of parts and molds primarily in Thailand. The company was founded in 1967 and is based in Bangkok, Thailand. THAI RUNG operates under Auto Parts classification in Thailand and is traded on Stock Exchange of Thailand.
Foreign Associate
  USA
InstrumentThailand Stock View All
ExchangeThailand Exchange
ISINTH0454A10Z04
Business Address304, Marcharoen Road,
SectorAuto Components
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.thairung.co.th
Phone66 2 814 5034
CurrencyTHB - Thailand Baht
You should never invest in Thai Rung 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 Rung's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Thai Rung Key Financial Ratios

Thai Rung's financial ratios allow both analysts and investors to convert raw data from Thai Rung's financial statements into concise, actionable information that can be used to evaluate the performance of Thai Rung 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 Rung's current stock value. Our valuation model uses many indicators to compare Thai Rung value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thai Rung competition to find correlations between indicators driving Thai Rung's intrinsic value. More Info.
Thai Rung Union 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  0.57  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thai Rung Union is roughly  1.76 . 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 Rung's earnings, one of the primary drivers of an investment's value.

Thai Rung Union Systematic Risk

Thai Rung's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thai Rung 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 Thai Rung Union correlated with the market. If Beta is less than 0 Thai Rung generally moves in the opposite direction as compared to the market. If Thai Rung Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thai Rung Union is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thai Rung is generally in the same direction as the market. If Beta > 1 Thai Rung moves generally in the same direction as, but more than the movement of the benchmark.

Thai Rung November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Thai Rung help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thai Rung Union. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thai Rung Union 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 Rung's daily price indicators and compare them against related drivers.

Other Information on Investing in Thai Stock

Thai Rung 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 Rung security.