Thungela Resources Financials

Thungela Resources Stock Summary

Thungela Resources competes with Adaro Energy, Geo Energy, Bukit Asam, New Hope, and Yancoal Australia. Thungela Resources Limited engages in the mining and production of thermal coal in South Africa. The company was founded in 1945 and is based in Johannesburg, South Africa. Thungela Res is traded on OTC Exchange in the United States.

Thungela Resources Key Financial Ratios

There are many critical financial ratios that Thungela Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Thungela Resources reports annually and quarterly.

Thungela Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Thungela Resources's current stock value. Our valuation model uses many indicators to compare Thungela Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thungela Resources competition to find correlations between indicators driving Thungela Resources's intrinsic value. More Info.Thungela Resources Limited is currently regarded as top stock in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about  0.52  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thungela Resources Limited is roughly  1.94 . 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 Thungela Resources' earnings, one of the primary drivers of an investment's value.

Thungela Resources Systematic Risk

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

When running Thungela Resources' price analysis, check to measure Thungela Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thungela Resources is operating at the current time. Most of Thungela Resources' value examination focuses on studying past and present price action to predict the probability of Thungela Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thungela Resources' price. Additionally, you may evaluate how the addition of Thungela Resources to your portfolios can decrease your overall portfolio volatility.