Eastern Commercial Financials

ECL Stock  THB 1.13  0.04  3.42%   
We were able to break down and interpolate thirty-seven available fundamental indicators for Eastern Commercial Leasing, which can be compared to its peers. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Eastern Commercial to be traded at 1.0848 in 90 days.
  
Understanding current and past Eastern Commercial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eastern Commercial's financial statements are interrelated, with each one affecting the others. For example, an increase in Eastern Commercial's assets may result in an increase in income on the income statement.

Eastern Commercial Stock Summary

Eastern Commercial competes with Thai Steel, Tropical Canning, RB Food, Eureka Design, and Chularat Hospital. Eastern Commercial Leasing Public Company Limited engages in the provision of credit services to personal and juristic person in the form of hire purchase, loans, and sale with right of redemption agreement in Thailand. The company was incorporated in 2003 and is headquartered in Bangkok, Thailand. EASTERN COMMERCIAL operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand.
Foreign Associate
  USA
InstrumentThailand Stock View All
ExchangeThailand Exchange
ISINTH0767010Z04
Business Address9761, Soi Rama
SectorConsumer Finance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.ecl.co.th
Phone66 2 641 5252
CurrencyTHB - Thailand Baht
You should never invest in Eastern Commercial without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Eastern Stock, because this is throwing your money away. Analyzing the key information contained in Eastern Commercial's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Eastern Commercial Key Financial Ratios

Eastern Commercial's financial ratios allow both analysts and investors to convert raw data from Eastern Commercial's financial statements into concise, actionable information that can be used to evaluate the performance of Eastern Commercial over time and compare it to other companies across industries.

Eastern Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Eastern Commercial's current stock value. Our valuation model uses many indicators to compare Eastern Commercial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eastern Commercial competition to find correlations between indicators driving Eastern Commercial's intrinsic value. More Info.
Eastern Commercial Leasing is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.38  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Eastern Commercial Leasing is roughly  2.66 . 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 Eastern Commercial's earnings, one of the primary drivers of an investment's value.

Eastern Commercial Systematic Risk

Eastern Commercial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eastern Commercial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Eastern Commercial correlated with the market. If Beta is less than 0 Eastern Commercial generally moves in the opposite direction as compared to the market. If Eastern Commercial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eastern Commercial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eastern Commercial is generally in the same direction as the market. If Beta > 1 Eastern Commercial moves generally in the same direction as, but more than the movement of the benchmark.

Eastern Commercial Thematic Clasifications

Eastern Commercial Leasing is part of Rentals investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Rental and leasing services. Companies providing rental and leasing services to public and business
RentalsView
This theme covers Rental and leasing services. Companies providing rental and leasing services to public and business. Get More Thematic Ideas

Eastern Commercial December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Eastern Commercial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eastern Commercial Leasing. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eastern Commercial Leasing based on widely used predictive technical indicators. In general, we focus on analyzing Eastern Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eastern Commercial's daily price indicators and compare them against related drivers.

Other Information on Investing in Eastern Stock

Eastern Commercial financial ratios help investors to determine whether Eastern 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 Eastern with respect to the benefits of owning Eastern Commercial security.