Somboon Advance Technology Stock Fundamentals

SAT Stock  THB 11.10  0.10  0.89%   
Somboon Advance Technology fundamentals help investors to digest information that contributes to Somboon Advance's financial success or failures. It also enables traders to predict the movement of Somboon Stock. The fundamental analysis module provides a way to measure Somboon Advance'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 Somboon Advance stock.
  
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Somboon Advance Technology Company Return On Equity Analysis

Somboon Advance'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 Somboon Advance Return On Equity

    
  0.12  
Most of Somboon Advance'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, Somboon Advance Technology 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, Somboon Advance Technology has a Return On Equity of 0.1188. This is 96.7% lower than that of the Auto Components sector and 91.57% lower than that of the Consumer Discretionary industry. The return on equity for all Thailand stocks is 138.32% lower than that of the firm.

Somboon Advance Tech Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Somboon Advance's current stock value. Our valuation model uses many indicators to compare Somboon Advance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Somboon Advance competition to find correlations between indicators driving Somboon Advance's intrinsic value. More Info.
Somboon Advance Technology 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  0.56  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Somboon Advance Technology is roughly  1.79 . 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 Somboon Advance's earnings, one of the primary drivers of an investment's value.

Somboon Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Somboon Advance'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 Somboon Advance could also be used in its relative valuation, which is a method of valuing Somboon Advance by comparing valuation metrics of similar companies.
Somboon Advance is currently under evaluation in return on equity category among its peers.

Somboon Fundamentals

About Somboon Advance Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Somboon Advance Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Somboon Advance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Somboon Advance Technology 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.
Somboon Advance Technology Public Company Limited manufactures and sells pick-up axles and truck trunnion shafts in Thailand. The company was founded in 1962 and is headquartered in Bang Phli, Thailand. SOMBOON ADVANCE operates under Auto Parts classification in Thailand and is traded on Stock Exchange of Thailand.

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Other Information on Investing in Somboon Stock

Somboon Advance financial ratios help investors to determine whether Somboon 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 Somboon with respect to the benefits of owning Somboon Advance security.