Tropical Canning Financials
TC Stock | THB 6.95 0.10 1.46% |
Tropical |
Tropical Canning Stock Summary
Tropical Canning competes with Thai Vegetable, Tipco Foods, Haad Thip, SP Syndicate, and Thai Metal. Tropical Canning Public Company Limited engages in the manufacturing and trading of canned and pouched seafood products in Thailand, rest of Asia, Africa, the Americas, Australia, and Europe. The company was incorporated in 1994 and is based in Hat Yai, Thailand. TROPICAL CANNING operates under Packaged Foods classification in Thailand and is traded on Stock Exchange of Thailand.Foreign Associate | USA |
Instrument | Thailand Stock View All |
Exchange | Thailand Exchange |
ISIN | TH0178A10Z09 |
Business Address | 63 Constitution Drive, |
Sector | Food Products |
Industry | Consumer Staples |
Benchmark | Dow Jones Industrial |
Website | www.tcbk.com |
Phone | 530 898 0300 |
Currency | THB - Thailand Baht |
You should never invest in Tropical Canning without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Tropical Stock, because this is throwing your money away. Analyzing the key information contained in Tropical Canning's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Tropical Canning Key Financial Ratios
Tropical Canning's financial ratios allow both analysts and investors to convert raw data from Tropical Canning's financial statements into concise, actionable information that can be used to evaluate the performance of Tropical Canning over time and compare it to other companies across industries.Tropical Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tropical Canning's current stock value. Our valuation model uses many indicators to compare Tropical Canning value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tropical Canning competition to find correlations between indicators driving Tropical Canning's intrinsic value. More Info.Tropical Canning Public is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tropical Canning Public is roughly 2.46 . 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 Tropical Canning's earnings, one of the primary drivers of an investment's value.Tropical Canning Public Systematic Risk
Tropical Canning's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tropical Canning volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Tropical Canning Public correlated with the market. If Beta is less than 0 Tropical Canning generally moves in the opposite direction as compared to the market. If Tropical Canning Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tropical Canning Public is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tropical Canning is generally in the same direction as the market. If Beta > 1 Tropical Canning moves generally in the same direction as, but more than the movement of the benchmark.
Tropical Canning December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tropical Canning help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tropical Canning Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tropical Canning Public based on widely used predictive technical indicators. In general, we focus on analyzing Tropical Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tropical Canning's daily price indicators and compare them against related drivers.
Information Ratio | (0.16) | |||
Maximum Drawdown | 7.56 | |||
Value At Risk | (3.11) | |||
Potential Upside | 2.56 |
Other Information on Investing in Tropical Stock
Tropical Canning financial ratios help investors to determine whether Tropical 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 Tropical with respect to the benefits of owning Tropical Canning security.