Rayong Financial Statements From 2010 to 2024
| RWI Stock | THB 0.51 0.01 1.92% |
Check Rayong Wire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rayong Wire's main balance sheet or income statement drivers, such as , as well as many indicators such as . Rayong financial statements analysis is a perfect complement when working with Rayong Wire Valuation or Volatility modules.
Rayong |
Rayong Wire Industries Company Return On Equity Analysis
Rayong Wire'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.
Current Rayong Wire Return On Equity | -0.0769 |
Most of Rayong Wire'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, Rayong Wire Industries 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, Rayong Wire Industries has a Return On Equity of -0.0769. This is 108.45% lower than that of the Basic Materials sector and 100.73% lower than that of the Steel industry. The return on equity for all Thailand stocks is 75.19% lower than that of the firm.
Rayong Wire Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rayong Wire's current stock value. Our valuation model uses many indicators to compare Rayong Wire value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rayong Wire competition to find correlations between indicators driving Rayong Wire's intrinsic value. More Info.Rayong Wire Industries is rated second in return on equity category among its peers. It is currently regarded as top stock in return on asset category among its peers . 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 Rayong Wire's earnings, one of the primary drivers of an investment's value.About Rayong Wire Financial Statements
Rayong Wire investors utilize fundamental indicators, such as revenue or net income, to predict how Rayong Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Rayong Wire Industries Public Company Limited manufactures and distributes steel wire products primarily in Thailand. Rayong Wire Industries Public Company Limited is a subsidiary of Capital Engineering Network Public Company Limited. RAYONG WIRE operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.
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Rayong Wire financial ratios help investors to determine whether Rayong 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 Rayong with respect to the benefits of owning Rayong Wire security.