Thai Steel Financials
| TSC Stock | THB 14.70 0.40 2.80% |
Thai |
Understanding current and past Thai Steel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Thai Steel's financial statements are interrelated, with each one affecting the others. For example, an increase in Thai Steel's assets may result in an increase in income on the income statement.
Thai Steel Stock Summary
Thai Steel competes with United Paper, TMT Steel, Thai Stanley, Inoue Rubber, and MCS Steel. Thai Steel Cable Public Company Limited manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand and internationally. Thai Steel Cable Public Company Limited was founded in 1978 and is headquartered in Phan Thong, Thailand. THAI STEEL operates under Auto Parts classification in Thailand and is traded on Stock Exchange of Thailand.| Foreign Associate | USA |
| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| ISIN | TH0847010004 |
| Business Address | 700737 Moo 1, |
| Sector | Auto Components |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.tscpcl.com |
| Phone | 66 3 844 7200 |
| Currency | THB - Thailand Baht |
You should never invest in Thai Steel 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 Steel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Thai Steel Key Financial Ratios
Thai Steel's financial ratios allow both analysts and investors to convert raw data from Thai Steel's financial statements into concise, actionable information that can be used to evaluate the performance of Thai Steel 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 Steel's current stock value. Our valuation model uses many indicators to compare Thai Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thai Steel competition to find correlations between indicators driving Thai Steel's intrinsic value. More Info.Thai Steel Cable 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 0.44 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thai Steel Cable is roughly 2.26 . 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 Steel's earnings, one of the primary drivers of an investment's value.Thai Steel Cable Systematic Risk
Thai Steel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thai Steel 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Thai Steel Cable correlated with the market. If Beta is less than 0 Thai Steel generally moves in the opposite direction as compared to the market. If Thai Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thai Steel Cable is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thai Steel is generally in the same direction as the market. If Beta > 1 Thai Steel moves generally in the same direction as, but more than the movement of the benchmark.
Thai Steel Thematic Clasifications
Thai Steel Cable is part of Iron investing theme. 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. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
Thai Steel November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Thai Steel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thai Steel Cable. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thai Steel Cable 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 Steel's daily price indicators and compare them against related drivers.
| Downside Deviation | 31.65 | |||
| Information Ratio | 0.1111 | |||
| Maximum Drawdown | 1002.78 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.43 |
Other Information on Investing in Thai Stock
Thai Steel 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 Steel security.