Millcon Steel (Thailand) Performance
| MILL Stock | THB 0.09 0.01 10.00% |
The company secures a Beta (Market Risk) of -2.17, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Millcon Steel are expected to decrease by larger amounts. On the other hand, during market turmoil, Millcon Steel is expected to outperform it. At this point, Millcon Steel Public has a negative expected return of -0.0091%. Please make sure to verify Millcon Steel's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Millcon Steel Public performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Millcon Steel Public has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent forward-looking signals, Millcon Steel is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 305 M | |
| Total Cashflows From Investing Activities | 233.6 M |
Millcon |
Millcon Steel Relative Risk vs. Return Landscape
If you would invest 11.00 in Millcon Steel Public on October 11, 2024 and sell it today you would lose (2.00) from holding Millcon Steel Public or give up 18.18% of portfolio value over 90 days. Millcon Steel Public is generating negative expected returns and assumes 8.3007% volatility on return distribution over the 90 days horizon. Simply put, 73% of stocks are less volatile than Millcon, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Millcon Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Millcon Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Millcon Steel Public, and traders can use it to determine the average amount a Millcon Steel's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0011
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| Negative Returns | MILL |
Estimated Market Risk
| 8.3 actual daily | 73 73% of assets are less volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Millcon Steel is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Millcon Steel by adding Millcon Steel to a well-diversified portfolio.
Millcon Steel Fundamentals Growth
Millcon Stock prices reflect investors' perceptions of the future prospects and financial health of Millcon Steel, and Millcon Steel fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Millcon Stock performance.
| Return On Equity | 0.0331 | |||
| Return On Asset | 0.0163 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 4.8 B | |||
| Shares Outstanding | 5.55 B | |||
| Price To Earning | 10.38 X | |||
| Price To Book | 0.63 X | |||
| Price To Sales | 0.24 X | |||
| Revenue | 15.53 B | |||
| EBITDA | 1.13 B | |||
| Cash And Equivalents | 436.28 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 824.17 M | |||
| Debt To Equity | 268.30 % | |||
| Book Value Per Share | 1.23 X | |||
| Cash Flow From Operations | 145.57 M | |||
| Earnings Per Share | 0.04 X | |||
| Total Asset | 19.27 B | |||
| Retained Earnings | 452 M | |||
| Current Asset | 7.86 B | |||
| Current Liabilities | 11.97 B | |||
About Millcon Steel Performance
By examining Millcon Steel's fundamental ratios, stakeholders can obtain critical insights into Millcon Steel's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Millcon Steel is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Millcon Steel Public Company Limited manufactures and trades in steel products in Thailand and internationally. Millcon Steel Public Company Limited was founded in 1998 and is headquartered in Bangkok, Thailand. MILLCON STEEL operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Millcon Steel Public performance evaluation
Checking the ongoing alerts about Millcon Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Millcon Steel Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Millcon Steel Public generated a negative expected return over the last 90 days | |
| Millcon Steel Public has high historical volatility and very poor performance | |
| Millcon Steel Public has some characteristics of a very speculative penny stock | |
| Millcon Steel Public has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Millcon Steel Public has accumulated 824.17 M in total debt with debt to equity ratio (D/E) of 268.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Millcon Steel Public 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 Millcon Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Millcon Steel's 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 Millcon Steel Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Millcon to invest in growth at high rates of return. When we think about Millcon Steel's use of debt, we should always consider it together with cash and equity. | |
| About 52.0% of Millcon Steel outstanding shares are owned by corporate insiders |
- Analyzing Millcon Steel's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Millcon Steel's stock is overvalued or undervalued compared to its peers.
- Examining Millcon Steel's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Millcon Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Millcon Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Millcon Steel's stock. These opinions can provide insight into Millcon Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Millcon Stock
Millcon Steel financial ratios help investors to determine whether Millcon 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 Millcon with respect to the benefits of owning Millcon Steel security.