Smart Concrete (Thailand) Performance
| SMART Stock | THB 0.77 0.01 1.32% |
The entity has a beta of 0.57, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Smart Concrete's returns are expected to increase less than the market. However, during the bear market, the loss of holding Smart Concrete is expected to be smaller as well. At this point, Smart Concrete Public has a negative expected return of -0.13%. Please make sure to validate Smart Concrete's mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and daily balance of power , to decide if Smart Concrete Public performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Smart Concrete Public has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest conflicting performance, the Stock's fundamental drivers remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
| Begin Period Cash Flow | 2.6 M | |
| Total Cashflows From Investing Activities | -10 M |
Smart |
Smart Concrete Relative Risk vs. Return Landscape
If you would invest 84.00 in Smart Concrete Public on September 14, 2024 and sell it today you would lose (7.00) from holding Smart Concrete Public or give up 8.33% of portfolio value over 90 days. Smart Concrete Public is generating negative expected returns and assumes 1.5569% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than Smart, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Smart Concrete Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smart Concrete's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Smart Concrete Public, and traders can use it to determine the average amount a Smart Concrete'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 = -0.0854
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| Negative Returns | SMART |
Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Smart Concrete is not performing at its full potential. However, 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 Smart Concrete by adding Smart Concrete to a well-diversified portfolio.
Smart Concrete Fundamentals Growth
Smart Stock prices reflect investors' perceptions of the future prospects and financial health of Smart Concrete, and Smart Concrete 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 Smart Stock performance.
| Return On Equity | 0.0711 | |||
| Return On Asset | 0.0464 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 656.02 M | |||
| Shares Outstanding | 1.04 B | |||
| Price To Earning | 16.45 X | |||
| Price To Book | 1.26 X | |||
| Price To Sales | 1.40 X | |||
| Revenue | 457.36 M | |||
| EBITDA | 97.75 M | |||
| Cash And Equivalents | 6.12 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 93.09 M | |||
| Debt To Equity | 20.50 % | |||
| Book Value Per Share | 0.58 X | |||
| Cash Flow From Operations | 87.02 M | |||
| Earnings Per Share | 0.04 X | |||
| Total Asset | 722.3 M | |||
| Retained Earnings | 70 M | |||
| Current Asset | 92 M | |||
| Current Liabilities | 130 M | |||
About Smart Concrete Performance
By analyzing Smart Concrete's fundamental ratios, stakeholders can gain valuable insights into Smart Concrete's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Smart Concrete has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Smart Concrete has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Smart Concrete Public Company Limited manufactures and sells autoclaved aerated concrete blocks for use in construction in Thailand. Smart Concrete Public Company Limited is a subsidiary of Chonburi Concrete Product Public Company Limited. Smart Concrete operates under Building Materials classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Smart Concrete Public performance evaluation
Checking the ongoing alerts about Smart Concrete for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Smart Concrete Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Smart Concrete generated a negative expected return over the last 90 days | |
| Smart Concrete has some characteristics of a very speculative penny stock | |
| Smart Concrete Public has accumulated 93.09 M in total debt with debt to equity ratio (D/E) of 20.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Smart Concrete Public has a current ratio of 0.51, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Smart Concrete until it has trouble settling it off, either with new capital or with free cash flow. So, Smart Concrete's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Smart Concrete Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Smart to invest in growth at high rates of return. When we think about Smart Concrete's use of debt, we should always consider it together with cash and equity. | |
| About 72.0% of Smart Concrete outstanding shares are owned by corporate insiders |
- Analyzing Smart Concrete'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 Smart Concrete's stock is overvalued or undervalued compared to its peers.
- Examining Smart Concrete'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 Smart Concrete's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Smart Concrete's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Smart Concrete's stock. These opinions can provide insight into Smart Concrete's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Smart Stock analysis
When running Smart Concrete's price analysis, check to measure Smart Concrete's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smart Concrete is operating at the current time. Most of Smart Concrete's value examination focuses on studying past and present price action to predict the probability of Smart Concrete's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smart Concrete's price. Additionally, you may evaluate how the addition of Smart Concrete to your portfolios can decrease your overall portfolio volatility.
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