Thai Financial Statements From 2010 to 2024
| TSE Stock | THB 0.91 0.01 1.09% |
Check Thai Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thai Solar'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 Solar Valuation or Volatility modules.
Thai |
Thai Solar Energy Company Return On Equity Analysis
Thai Solar'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 Solar Return On Equity | 0.081 |
Most of Thai Solar'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 Solar Energy 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.
| Competition |
Based on the latest financial disclosure, Thai Solar Energy has a Return On Equity of 0.081. This is 98.61% lower than that of the Utilities sector and significantly higher than that of the Utilities—Renewable industry. The return on equity for all Thailand stocks is 126.13% lower than that of the firm.
Thai Solar Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thai Solar's current stock value. Our valuation model uses many indicators to compare Thai Solar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thai Solar competition to find correlations between indicators driving Thai Solar's intrinsic value. More Info.Thai Solar Energy 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 . The ratio of Return On Equity to Return On Asset for Thai Solar Energy is about 405.00 . 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 Solar's earnings, one of the primary drivers of an investment's value.About Thai Solar Financial Statements
Thai Solar investors utilize fundamental indicators, such as revenue or net income, to predict how Thai Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Thai Solar Energy Public Company Limited generates and distributes electricity from solar and biomass power plants to government and private sector clients in Thailand and Japan. Thai Solar Energy Public Company Limited was founded in 2008 and is headquartered in Bangkok, Thailand. THAI SOLAR operates under UtilitiesRenewable classification in Thailand and is traded on Stock Exchange of Thailand.
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Thai Solar financial ratios help investors to determine whether Thai Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thai with respect to the benefits of owning Thai Solar security.