Eastern Technical (Thailand) Performance
| ETE Stock | THB 0.94 0.02 2.17% |
Eastern Technical holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eastern Technical are expected to decrease at a much lower rate. During the bear market, Eastern Technical is likely to outperform the market. Use Eastern Technical maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to analyze future returns on Eastern Technical.
Risk-Adjusted Performance
8 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Eastern Technical Engineering are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting technical and fundamental indicators, Eastern Technical disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 34.7 M | |
| Total Cashflows From Investing Activities | -155.7 M |
Eastern |
Eastern Technical Relative Risk vs. Return Landscape
If you would invest 103.00 in Eastern Technical Engineering on August 28, 2024 and sell it today you would lose (9.00) from holding Eastern Technical Engineering or give up 8.74% of portfolio value over 90 days. Eastern Technical Engineering is generating 14.355% of daily returns assuming 127.8734% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Eastern 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 |
Eastern Technical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eastern Technical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eastern Technical Engineering, and traders can use it to determine the average amount a Eastern Technical'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 = 0.1123
| Best Portfolio | Best Equity | ETE | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 127.87 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 Eastern Technical 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 Eastern Technical by adding it to a well-diversified portfolio.
Eastern Technical Fundamentals Growth
Eastern Stock prices reflect investors' perceptions of the future prospects and financial health of Eastern Technical, and Eastern Technical 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 Eastern Stock performance.
| Return On Equity | -0.0035 | |||
| Return On Asset | 0.0063 | |||
| Profit Margin | (0) % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 1.38 B | |||
| Shares Outstanding | 560 M | |||
| Price To Earning | 15.47 X | |||
| Price To Book | 0.77 X | |||
| Price To Sales | 0.60 X | |||
| Revenue | 1.38 B | |||
| EBITDA | 122.11 M | |||
| Cash And Equivalents | 62.84 M | |||
| Cash Per Share | 0.11 X | |||
| Total Debt | 430.31 M | |||
| Debt To Equity | 126.50 % | |||
| Book Value Per Share | 1.57 X | |||
| Cash Flow From Operations | 236.15 M | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 1.87 B | |||
About Eastern Technical Performance
By examining Eastern Technical's fundamental ratios, stakeholders can obtain critical insights into Eastern Technical'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 Eastern Technical 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.
Eastern Technical Engineering Public Company Limited provides installation services for telecommunication and electricity transmission networks in Thailand. Eastern Technical Engineering Public Company Limited was incorporated in 1997 and is based in Bangkok, Thailand. EASTERN TECHNICAL operates under Conglomerates classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Eastern Technical performance evaluation
Checking the ongoing alerts about Eastern Technical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eastern Technical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eastern Technical is way too risky over 90 days horizon | |
| Eastern Technical has some characteristics of a very speculative penny stock | |
| Eastern Technical appears to be risky and price may revert if volatility continues | |
| Eastern Technical has high likelihood to experience some financial distress in the next 2 years | |
| Eastern Technical has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 65.0% of the company shares are held by company insiders |
- Analyzing Eastern Technical'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 Eastern Technical's stock is overvalued or undervalued compared to its peers.
- Examining Eastern Technical'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 Eastern Technical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eastern Technical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eastern Technical's stock. These opinions can provide insight into Eastern Technical's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Eastern Stock
Eastern Technical financial ratios help investors to determine whether Eastern 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 Eastern with respect to the benefits of owning Eastern Technical security.