Thai Ha Price To Earning vs. Revenue

KASET Stock  THB 0.90  0.01  1.12%   
Based on the key profitability measurements obtained from Thai Ha's financial statements, Thai Ha Public 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 Thai Ha's ability to earn profits and add value for shareholders.
For Thai Ha profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thai Ha to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thai Ha Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thai Ha's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thai Ha Public over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Thai Ha's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thai Ha is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thai Ha'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.

Thai Ha Public Revenue vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Thai Ha's current stock value. Our valuation model uses many indicators to compare Thai Ha value to that of its competitors to determine the firm's financial worth.
Thai Ha Public is currently regarded as number one stock in price to earning category among its peers. It also is considered the number one company in revenue category among its peers totaling about  11,120,491  of Revenue per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Thai Ha by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Thai Ha'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.

Thai Revenue vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Thai Ha

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
48.21 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Thai Ha

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
536.12 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Thai Revenue vs Competition

Thai Ha Public is considered the number one company in revenue category among its peers. Market size based on revenue of Packaged Foods industry is now estimated at about 36.22 Billion. Thai Ha claims roughly 536.12 Million in revenue contributing just under 2% to equities listed under Packaged Foods industry.

Thai Ha Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Thai Ha, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Thai Ha will eventually generate negative long term returns. The profitability progress is the general direction of Thai Ha's change in net profit over the period of time. It can combine multiple indicators of Thai Ha, 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.
Thai Ha Public Company Limited manufactures and distributes agricultural products, processed agricultural products, and instant products in Thailand and internationally. Thai Ha Public Company Limited is a subsidiary of Cheer Group Holding Co., Ltd. THAI HA is traded on Stock Exchange of Thailand in Thailand.

Thai Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Thai Ha. 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 Thai Ha 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 Thai Ha's important profitability drivers and their relationship over time.

Use Thai Ha 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 Thai Ha 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 Thai Ha will appreciate offsetting losses from the drop in the long position's value.

Thai Ha Pair Trading

Thai Ha Public Pair Trading Analysis

The ability to find closely correlated positions to Thai Ha could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thai Ha 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 Thai Ha - 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 Thai Ha Public to buy it.
The correlation of Thai Ha 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 Thai Ha moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thai Ha Public 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 Thai Ha 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 Thai Ha position

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Other Information on Investing in Thai Stock

To fully project Thai Ha's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Thai Ha Public 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 Thai Ha's income statement, its balance sheet, and the statement of cash flows.
Potential Thai Ha investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Thai Ha investors may work on each financial statement separately, they are all related. The changes in Thai Ha's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Thai Ha'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.