Forbes 2024 Thailands Richest List - Thailands Billionaires Ranked - Forbes
| ERW Stock | THB 4.08 0.04 0.97% |
About 55% of Erawan's institutional investors are presently thinking to get in. The analysis of current outlook of investing in The Erawan Group suggests that some traders are interested regarding Erawan's prospects. Erawan's investing sentiment shows overall attitude of investors towards The Erawan Group.
Erawan |
Forbes 2024 Thailands Richest List - Thailands Billionaires Ranked Forbes
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Erawan Fundamental Analysis
We analyze Erawan's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Erawan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Erawan 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.
Current Ratio
Current Ratio Comparative Analysis
Erawan is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Erawan Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Erawan stock to make a market-neutral strategy. Peer analysis of Erawan could also be used in its relative valuation, which is a method of valuing Erawan by comparing valuation metrics with similar companies.
Peers
Erawan Related Equities
| KTB-R | Krung Thai | 0.49 | ||||
| KTB | Krung Thai | 0.49 | ||||
| SCB | SCB X | 0.44 | ||||
| KBANK-R | Kasikornbank Public | 0.33 | ||||
| KBANK | Kasikornbank Public | 0.33 | ||||
| SCB-R | Siam Commercial | 0.10 | ||||
| BBL | Bangkok Bank | 0.67 | ||||
| PTT | PTT Public | 1.48 | ||||
| PTT-R | PTT Public | 1.48 |
Other Information on Investing in Erawan Stock
Erawan financial ratios help investors to determine whether Erawan 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 Erawan with respect to the benefits of owning Erawan security.