The Steel Public Stock Return On Asset

THE Stock  THB 0.74  0.04  5.13%   
The Steel Public fundamentals help investors to digest information that contributes to Steel Public's financial success or failures. It also enables traders to predict the movement of Steel Stock. The fundamental analysis module provides a way to measure Steel Public'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 Steel Public stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

The Steel Public Company Return On Asset Analysis

Steel Public's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Steel Public Return On Asset

    
  0.0134  
Most of Steel Public's fundamental indicators, such as Return On Asset, 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, The Steel Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, The Steel Public has a Return On Asset of 0.0134. This is 102.63% lower than that of the Trading Companies & Distributors sector and 66.5% lower than that of the Industrials industry. The return on asset for all Thailand stocks is 109.57% lower than that of the firm.

Steel Return On Asset Peer Comparison

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

Steel Fundamentals

About Steel Public Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze The Steel Public's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Steel Public using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Steel Public 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Steel Stock

Steel Public financial ratios help investors to determine whether Steel 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 Steel with respect to the benefits of owning Steel Public security.