Fine Metal (Thailand) Performance
| FMT Stock | THB 33.50 1.00 3.08% |
Fine Metal holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.0872, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fine Metal are expected to decrease at a much lower rate. During the bear market, Fine Metal is likely to outperform the market. Use Fine Metal maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to analyze future returns on Fine Metal.
Risk-Adjusted Performance
8 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in Fine Metal Technologies are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, Fine Metal disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 92 M | |
| Total Cashflows From Investing Activities | -74.7 M |
Fine |
Fine Metal Relative Risk vs. Return Landscape
If you would invest 3,375 in Fine Metal Technologies on August 25, 2024 and sell it today you would lose (25.00) from holding Fine Metal Technologies or give up 0.74% of portfolio value over 90 days. Fine Metal Technologies is generating 14.0606% of daily returns assuming 125.8288% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Fine on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fine Metal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fine Metal's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Fine Metal Technologies, and traders can use it to determine the average amount a Fine Metal's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1117
| Best Portfolio | Best Equity | FMT | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 125.83 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Fine Metal is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fine Metal by adding it to a well-diversified portfolio.
Fine Metal Fundamentals Growth
Fine Stock prices reflect investors' perceptions of the future prospects and financial health of Fine Metal, and Fine Metal fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fine Stock performance.
| Return On Equity | 0.0768 | |||
| Return On Asset | 0.0315 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 2.1 B | |||
| Shares Outstanding | 48 M | |||
| Price To Earning | 13.42 X | |||
| Price To Book | 0.86 X | |||
| Price To Sales | 0.19 X | |||
| Revenue | 7.19 B | |||
| EBITDA | 360.51 M | |||
| Cash And Equivalents | 146.74 M | |||
| Cash Per Share | 3.06 X | |||
| Total Debt | 887.69 M | |||
| Debt To Equity | 0.55 % | |||
| Book Value Per Share | 35.26 X | |||
| Cash Flow From Operations | 120.44 M | |||
| Earnings Per Share | 2.69 X | |||
| Total Asset | 3.34 B | |||
| Retained Earnings | 404 M | |||
| Current Asset | 1.91 B | |||
| Current Liabilities | 952 M | |||
About Fine Metal Performance
By examining Fine Metal's fundamental ratios, stakeholders can obtain critical insights into Fine Metal's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Fine Metal is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Fine Metal Technologies Public Company Limited engages in the manufacturing and distributing of seamless copper tubes in Thailand, Malaysia, Singapore, Japan, and internationally. Fine Metal Technologies Public Company Limited was founded in 1988 and is headquartered in Bangkok, Thailand. FINE METAL operates under Metal Fabrication classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Fine Metal Technologies performance evaluation
Checking the ongoing alerts about Fine Metal for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Fine Metal Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fine Metal is way too risky over 90 days horizon | |
| Fine Metal appears to be risky and price may revert if volatility continues | |
| About 67.0% of the company shares are held by company insiders |
- Analyzing Fine Metal's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fine Metal's stock is overvalued or undervalued compared to its peers.
- Examining Fine Metal's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Fine Metal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fine Metal's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Fine Metal's stock. These opinions can provide insight into Fine Metal's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Fine Stock
Fine Metal financial ratios help investors to determine whether Fine 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 Fine with respect to the benefits of owning Fine Metal security.