Wattanapat Hospital Current Valuation vs. Return On Equity
| WPH Stock | THB 9.00 0.10 1.10% |
For Wattanapat Hospital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wattanapat Hospital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wattanapat Hospital Trang utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wattanapat Hospital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wattanapat Hospital Trang over time as well as its relative position and ranking within its peers.
Wattanapat |
Wattanapat Hospital Trang Return On Equity vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wattanapat Hospital's current stock value. Our valuation model uses many indicators to compare Wattanapat Hospital value to that of its competitors to determine the firm's financial worth. Wattanapat Hospital Trang is rated first in current valuation category among its peers. It is rated first in return on equity category among its peers . The ratio of Current Valuation to Return On Equity for Wattanapat Hospital Trang is about 8,822,114,123 . 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 Wattanapat Hospital's earnings, one of the primary drivers of an investment's value.Wattanapat Current Valuation vs. Competition
Wattanapat Hospital Trang is rated first in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Medical Care industry is at this time estimated at about 100.33 Billion. Wattanapat Hospital holds roughly 3.09 Billion in current valuation claiming about 3% of all equities under Medical Care industry.
Wattanapat Return On Equity vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Wattanapat Hospital |
| = | 3.09 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Wattanapat Hospital |
| = | 0.35 |
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.
Wattanapat Return On Equity Comparison
Wattanapat Hospital is currently under evaluation in return on equity category among its peers.
Wattanapat Hospital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wattanapat Hospital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wattanapat Hospital will eventually generate negative long term returns. The profitability progress is the general direction of Wattanapat Hospital's change in net profit over the period of time. It can combine multiple indicators of Wattanapat Hospital, 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.
Wattanapat Hospital Trang Public Company Limited owns and operates hospitals and clinics in Thailand. Wattanapat Hospital Trang Public Company Limited was founded in 1957 and is headquartered in Trang, Thailand. WATTANAPAT HOSPITAL operates under Medical Care classification in Thailand and is traded on Stock Exchange of Thailand.
Wattanapat Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wattanapat Hospital. 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 Wattanapat Hospital 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 Wattanapat Hospital's important profitability drivers and their relationship over time.
Use Wattanapat Hospital 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 Wattanapat Hospital 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 Wattanapat Hospital will appreciate offsetting losses from the drop in the long position's value.Wattanapat Hospital Pair Trading
Wattanapat Hospital Trang Pair Trading Analysis
The ability to find closely correlated positions to Wattanapat Hospital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wattanapat Hospital 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 Wattanapat Hospital - 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 Wattanapat Hospital Trang to buy it.
The correlation of Wattanapat Hospital 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 Wattanapat Hospital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wattanapat Hospital Trang 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 Wattanapat Hospital 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.Use Investing Themes to Complement your Wattanapat Hospital position
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Other Information on Investing in Wattanapat Stock
To fully project Wattanapat Hospital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wattanapat Hospital Trang 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 Wattanapat Hospital's income statement, its balance sheet, and the statement of cash flows.