Forth Smart Total Debt vs. Return On Equity

FSMART Stock  THB 8.00  0.20  2.44%   
Based on Forth Smart's profitability indicators, Forth Smart Service may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Forth Smart's ability to earn profits and add value for shareholders.
For Forth Smart profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Forth Smart to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Forth Smart Service utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Forth Smart's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Forth Smart Service over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Forth Smart's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forth Smart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forth Smart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Forth Smart Service Return On Equity vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Forth Smart's current stock value. Our valuation model uses many indicators to compare Forth Smart value to that of its competitors to determine the firm's financial worth.
Forth Smart Service is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in return on equity category among its peers . The ratio of Total Debt to Return On Equity for Forth Smart Service is about  3,488,372,093 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Forth Smart by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Forth Smart's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Forth Total Debt vs. Competition

Forth Smart Service is rated as one of the top companies in total debt category among its peers. Total debt of Telecom Services industry is currently estimated at about 2.07 Billion. Forth Smart totals roughly 1.08 Billion in total debt claiming about 52% of equities listed under Telecom Services industry.
Total debt  Revenue  Valuation  Capitalization  Workforce

Forth Return On Equity vs. Total Debt

Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Forth Smart

Total Debt

 = 

Bonds

+

Notes

 = 
1.08 B
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.

Forth Smart

Return On Equity

 = 

Net Income

Total Equity

 = 
0.31
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.

Forth Return On Equity Comparison

Forth Smart is currently under evaluation in return on equity category among its peers.

Forth Smart Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Forth Smart, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Forth Smart will eventually generate negative long term returns. The profitability progress is the general direction of Forth Smart's change in net profit over the period of time. It can combine multiple indicators of Forth Smart, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Forth Smart Service Public Company Limited, together with its subsidiaries, provides various top-up services for prepaid phones in Thailand. Forth Smart Service Public Company Limited was founded in 2008 and is based in Bangkok, Thailand. FORTH SMART is traded on Stock Exchange of Thailand in Thailand.

Forth Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Forth Smart. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Forth Smart position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Forth Smart's important profitability drivers and their relationship over time.

Use Forth Smart in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Forth Smart position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Forth Smart will appreciate offsetting losses from the drop in the long position's value.

Forth Smart Pair Trading

Forth Smart Service Pair Trading Analysis

The ability to find closely correlated positions to Forth Smart could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forth Smart when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Forth Smart - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Forth Smart Service to buy it.
The correlation of Forth Smart is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Forth Smart moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forth Smart Service moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Forth Smart can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Forth Smart position

In addition to having Forth Smart in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Pharmaceutical Products Thematic Idea Now

Pharmaceutical Products
Pharmaceutical Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Pharmaceutical Products Theme or any other thematic opportunities.
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Other Information on Investing in Forth Stock

To fully project Forth Smart's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Forth Smart Service at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Forth Smart's income statement, its balance sheet, and the statement of cash flows.
Potential Forth Smart investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Forth Smart investors may work on each financial statement separately, they are all related. The changes in Forth Smart's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Forth Smart's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.