Thanachart Financial Statements From 2010 to 2024
| TCAP Stock | THB 50.00 0.50 1.01% |
Check Thanachart Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thanachart Capital's main balance sheet or income statement drivers, such as , as well as many indicators such as . Thanachart financial statements analysis is a perfect complement when working with Thanachart Capital Valuation or Volatility modules.
Thanachart |
Thanachart Capital Public Company Return On Equity Analysis
Thanachart Capital'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 Thanachart Capital Return On Equity | 0.0973 |
Most of Thanachart Capital'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, Thanachart Capital Public 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, Thanachart Capital Public has a Return On Equity of 0.0973. This is 93.29% lower than that of the Banks sector and 97.36% lower than that of the Financials industry. The return on equity for all Thailand stocks is 131.39% lower than that of the firm.
Thanachart Capital Public Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thanachart Capital's current stock value. Our valuation model uses many indicators to compare Thanachart Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thanachart Capital competition to find correlations between indicators driving Thanachart Capital's intrinsic value. More Info.Thanachart Capital Public is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thanachart Capital Public is roughly 2.03 . 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 Thanachart Capital's earnings, one of the primary drivers of an investment's value.About Thanachart Capital Financial Statements
Thanachart Capital investors utilize fundamental indicators, such as revenue or net income, to predict how Thanachart 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.
Thanachart Capital Public Company Limited, an investment holding company, provides various financial services in Thailand. Thanachart Capital Public Company Limited was founded in 1959 and is based in Bangkok, Thailand. THANACHART CAPITAL operates under Banks - Regional - Asia classification in Thailand and is traded on Stock Exchange of Thailand.
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Thanachart Capital financial ratios help investors to determine whether Thanachart 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 Thanachart with respect to the benefits of owning Thanachart Capital security.