Thai Financial Statements From 2010 to 2024
TOIPFDelisted Stock | USD 1.44 0.00 0.00% |
Check Thai Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thai Oil's main balance sheet or income statement drivers, such as , as well as many indicators such as . Thai financial statements analysis is a perfect complement when working with Thai Oil Valuation or Volatility modules.
Thai |
Thai Oil Public Company Return On Equity Analysis
Thai Oil's 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.
Current Thai Oil Return On Equity | 0.28 |
Most of Thai Oil's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thai Oil Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Thai Oil Public has a Return On Equity of 0.2764. This is 113.96% lower than that of the Energy sector and 96.99% lower than that of the Oil & Gas Refining & Marketing industry. The return on equity for all United States stocks is 189.16% lower than that of the firm.
Thai Oil Public Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thai Oil's current stock value. Our valuation model uses many indicators to compare Thai Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thai Oil competition to find correlations between indicators driving Thai Oil's intrinsic value. More Info.Thai Oil Public is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thai Oil Public is roughly 3.41 . 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 Thai Oil's earnings, one of the primary drivers of an investment's value.About Thai Oil Financial Statements
Thai Oil stakeholders use historical fundamental indicators, such as Thai Oil's revenue or net income, to determine how well the company is positioned to perform in the future. Although Thai Oil investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thai Oil's assets and liabilities are reflected in the revenues and expenses on Thai Oil's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Thai Oil Public. Please read more on our technical analysis and fundamental analysis pages.
Thai Oil Public Company Limited, together with its subsidiaries, engages in the oil refining and distribution, petrochemicals, lube base oil, and other businesses in Thailand and internationally. Thai Oil Public Company Limited was founded in 1961 and is headquartered in Bangkok, Thailand. Thai Oil operates under Oil Gas Refining Marketing classification in the United States and is traded on OTC Exchange.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in Thai Pink Sheet
If you are still planning to invest in Thai Oil Public check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Thai Oil's history and understand the potential risks before investing.
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