TKrungthai Industries (Thailand) Buy Hold or Sell Recommendation

TKT Stock  THB 1.06  0.05  4.50%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding TKrungthai Industries Public is 'Strong Sell'. The recommendation algorithm takes into account all of TKrungthai Industries' available fundamental, technical, and predictive indicators you will find on this site.
  
Check out TKrungthai Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual companies such as TKrungthai and provide practical buy, sell, or hold advice based on investors' constraints. TKrungthai Industries Public. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute TKrungthai Industries Buy or Sell Advice

The TKrungthai recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on TKrungthai Industries Public. Macroaxis does not own or have any residual interests in TKrungthai Industries Public or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute TKrungthai Industries' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell TKrungthai IndustriesBuy TKrungthai Industries
Strong Sell

Market Performance

Very WeakDetails

Volatility

DangerousDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Almost neglects market trendsDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon TKrungthai Industries Public has a Mean Deviation of 2.22, Standard Deviation of 2.88 and Variance of 8.28
We provide advice to complement the current expert consensus on TKrungthai Industries. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure TKrungthai Industries is not overpriced, please validate all TKrungthai Industries fundamentals, including its price to sales, gross profit, net income, as well as the relationship between the revenue and ebitda .

TKrungthai Industries Trading Alerts and Improvement Suggestions

TKrungthai Industries generated a negative expected return over the last 90 days
TKrungthai Industries has some characteristics of a very speculative penny stock
TKrungthai Industries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
TKrungthai Industries Public has accumulated 560.34 M in total debt with debt to equity ratio (D/E) of 129.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. TKrungthai Industries has a current ratio of 0.66, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TKrungthai Industries until it has trouble settling it off, either with new capital or with free cash flow. So, TKrungthai Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TKrungthai Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TKrungthai to invest in growth at high rates of return. When we think about TKrungthai Industries' use of debt, we should always consider it together with cash and equity.
About 70.0% of TKrungthai Industries outstanding shares are owned by corporate insiders

TKrungthai Industries Returns Distribution Density

The distribution of TKrungthai Industries' historical returns is an attempt to chart the uncertainty of TKrungthai Industries' future price movements. The chart of the probability distribution of TKrungthai Industries daily returns describes the distribution of returns around its average expected value. We use TKrungthai Industries Public price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of TKrungthai Industries returns is essential to provide solid investment advice for TKrungthai Industries.
Mean Return
-0.66
Value At Risk
-4.27
Potential Upside
3.38
Standard Deviation
2.88
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of TKrungthai Industries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

TKrungthai Industries Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to TKrungthai Industries or Auto Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that TKrungthai Industries' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a TKrungthai stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.67
β
Beta against Dow Jones-0.13
σ
Overall volatility
2.88
Ir
Information ratio -0.23

TKrungthai Industries Volatility Alert

TKrungthai Industries Public exhibits very low volatility with skewness of -0.24 and kurtosis of 0.79. TKrungthai Industries Public is a potential penny stock. Although TKrungthai Industries may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in TKrungthai Industries Public. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on TKrungthai instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

TKrungthai Industries Fundamentals Vs Peers

Comparing TKrungthai Industries' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze TKrungthai Industries' direct or indirect competition across all of the common fundamentals between TKrungthai Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as TKrungthai Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of TKrungthai Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing TKrungthai Industries by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare TKrungthai Industries to competition
FundamentalsTKrungthai IndustriesPeer Average
Return On Equity0.0602-0.31
Return On Asset0.024-0.14
Profit Margin0.02 %(1.27) %
Operating Margin0.04 %(5.51) %
Current Valuation1.17 B16.62 B
Shares Outstanding350.78 M571.82 M
Shares Owned By Insiders69.65 %10.09 %
Price To Earning(6.07) X28.72 X
Price To Book1.45 X9.51 X
Price To Sales0.68 X11.42 X
Revenue1.21 B9.43 B
Gross Profit187.35 M27.38 B
EBITDA97.12 M3.9 B
Net Income13.59 M570.98 M
Cash And Equivalents7.83 M2.7 B
Cash Per Share0.04 X5.01 X
Total Debt560.34 M5.32 B
Debt To Equity129.60 %48.70 %
Current Ratio0.67 X2.16 X
Book Value Per Share2.74 X1.93 K
Cash Flow From Operations98.15 M971.22 M
Earnings Per Share0.13 X3.12 X
Number Of Employees2418.84 K
Beta0.46-0.15
Market Capitalization1.2 B19.03 B
Total Asset1.15 B29.47 B
Retained Earnings94 M9.33 B
Working Capital(203 M)1.48 B
Current Asset443 M9.34 B
Current Liabilities646 M7.9 B
Z Score2.28.72
Net Asset1.15 B

TKrungthai Industries Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as TKrungthai . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About TKrungthai Industries Buy or Sell Advice

When is the right time to buy or sell TKrungthai Industries Public? Buying financial instruments such as TKrungthai Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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Other Information on Investing in TKrungthai Stock

TKrungthai Industries financial ratios help investors to determine whether TKrungthai 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 TKrungthai with respect to the benefits of owning TKrungthai Industries security.