Thai Steel (Thailand) Performance
| TSC Stock | THB 14.70 0.10 0.68% |
Thai Steel holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 0.0987, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thai Steel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thai Steel is expected to be smaller as well. Use Thai Steel Cable coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to analyze future returns on Thai Steel Cable.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Thai Steel Cable are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite quite weak fundamental indicators, Thai Steel disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 177.5 M | |
| Total Cashflows From Investing Activities | 17.9 M |
Thai |
Thai Steel Relative Risk vs. Return Landscape
If you would invest 1,420 in Thai Steel Cable on August 30, 2024 and sell it today you would earn a total of 50.00 from holding Thai Steel Cable or generate 3.52% return on investment over 90 days. Thai Steel Cable is generating 14.5637% of daily returns assuming 127.8375% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Thai 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 |
Thai Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thai Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thai Steel Cable, and traders can use it to determine the average amount a Thai Steel'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 = 0.1139
| Best Portfolio | Best Equity | TSC | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 127.84 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 Thai Steel 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 Thai Steel by adding it to a well-diversified portfolio.
Thai Steel Fundamentals Growth
Thai Stock prices reflect investors' perceptions of the future prospects and financial health of Thai Steel, and Thai Steel 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 Thai Stock performance.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0653 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 3.25 B | |||
| Shares Outstanding | 259.8 M | |||
| Price To Earning | 11.98 X | |||
| Price To Book | 2.35 X | |||
| Price To Sales | 1.34 X | |||
| Revenue | 2.64 B | |||
| EBITDA | 328.42 M | |||
| Cash And Equivalents | 377.38 M | |||
| Cash Per Share | 1.45 X | |||
| Total Debt | 21.5 M | |||
| Debt To Equity | 1.30 % | |||
| Book Value Per Share | 6.19 X | |||
| Cash Flow From Operations | 264.75 M | |||
| Earnings Per Share | 0.91 X | |||
| Total Asset | 2.38 B | |||
| Retained Earnings | 916 M | |||
| Current Asset | 1.38 B | |||
| Current Liabilities | 1.04 B | |||
About Thai Steel Performance
By examining Thai Steel's fundamental ratios, stakeholders can obtain critical insights into Thai Steel'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 Thai Steel 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.
Thai Steel Cable Public Company Limited manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand and internationally. Thai Steel Cable Public Company Limited was founded in 1978 and is headquartered in Phan Thong, Thailand. THAI STEEL operates under Auto Parts classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Thai Steel Cable performance evaluation
Checking the ongoing alerts about Thai Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thai Steel Cable help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thai Steel Cable is way too risky over 90 days horizon | |
| Thai Steel Cable appears to be risky and price may revert if volatility continues | |
| About 85.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Thai Steel'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 Thai Steel's stock is overvalued or undervalued compared to its peers.
- Examining Thai Steel'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 Thai Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thai Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thai Steel's stock. These opinions can provide insight into Thai Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Thai Stock
Thai Steel financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Steel security.