Unique Engineering Return On Equity vs. Return On Asset

UNIQ Stock  THB 2.62  0.02  0.77%   
Considering the key profitability indicators obtained from Unique Engineering's historical financial statements, Unique Engineering and 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 Unique Engineering's ability to earn profits and add value for shareholders.
For Unique Engineering profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Unique Engineering to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Unique Engineering and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Unique Engineering's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Unique Engineering and 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 Unique Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unique Engineering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unique Engineering'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.

Unique Engineering and Return On Asset vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Unique Engineering's current stock value. Our valuation model uses many indicators to compare Unique Engineering value to that of its competitors to determine the firm's financial worth.
Unique Engineering and is rated fourth in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.44  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Unique Engineering and is roughly  2.29 . 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 Unique Engineering's earnings, one of the primary drivers of an investment's value.

Unique Return On Asset vs. Return On Equity

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.

Unique Engineering

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0048
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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Unique Engineering

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0021
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Unique Return On Asset Comparison

Unique Engineering is currently under evaluation in return on asset category among its peers.

Unique Engineering Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Unique Engineering, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Unique Engineering will eventually generate negative long term returns. The profitability progress is the general direction of Unique Engineering's change in net profit over the period of time. It can combine multiple indicators of Unique Engineering, 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.
Unique Engineering and Construction Public Company Limited, together with its subsidiaries, engages in the construction contracting and real estate development businesses in Thailand. Unique Engineering and Construction Public Company Limited was founded in 1994 and is based in Nonthaburi, Thailand. UNIQUE ENGINEERING operates under Engineering Construction classification in Thailand and is traded on Stock Exchange of Thailand.

Unique Profitability Driver Comparison

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

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Our tools can tell you how much better you can do entering a position in Unique Engineering without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Casinos Theme
Companies that are related to providing casino-type services across multiple geographical areas. The Casinos theme has 51 constituents at this time.
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Other Information on Investing in Unique Stock

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