Rayong Wire Industries Stock Fundamentals

RWI Stock  THB 0.52  0.02  4.00%   
Rayong Wire Industries fundamentals help investors to digest information that contributes to Rayong Wire's financial success or failures. It also enables traders to predict the movement of Rayong Stock. The fundamental analysis module provides a way to measure Rayong Wire's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rayong Wire stock.
  
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Rayong Wire Industries Company Return On Equity Analysis

Rayong Wire's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Rayong Wire Return On Equity

    
  -0.0769  
Most of Rayong Wire's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rayong Wire Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, Rayong Wire Industries has a Return On Equity of -0.0769. This is 108.45% lower than that of the Basic Materials sector and 100.73% lower than that of the Steel industry. The return on equity for all Thailand stocks is 75.19% lower than that of the firm.

Rayong Wire Industries Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Rayong Wire's current stock value. Our valuation model uses many indicators to compare Rayong Wire value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rayong Wire competition to find correlations between indicators driving Rayong Wire's intrinsic value. More Info.
Rayong Wire Industries 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 . 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 Rayong Wire's earnings, one of the primary drivers of an investment's value.

Rayong Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rayong Wire's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rayong Wire could also be used in its relative valuation, which is a method of valuing Rayong Wire by comparing valuation metrics of similar companies.
Rayong Wire is currently under evaluation in return on equity category among its peers.

Rayong Fundamentals

About Rayong Wire Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Rayong Wire Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rayong Wire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rayong Wire Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Rayong Wire Industries Public Company Limited manufactures and distributes steel wire products primarily in Thailand. Rayong Wire Industries Public Company Limited is a subsidiary of Capital Engineering Network Public Company Limited. RAYONG WIRE operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.

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Other Information on Investing in Rayong Stock

Rayong Wire financial ratios help investors to determine whether Rayong 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 Rayong with respect to the benefits of owning Rayong Wire security.