Right Tunnelling Public Stock Beta
| RT Stock | THB 0.39 0.01 2.50% |
Right Tunnelling Public fundamentals help investors to digest information that contributes to Right Tunnelling's financial success or failures. It also enables traders to predict the movement of Right Stock. The fundamental analysis module provides a way to measure Right Tunnelling's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Right Tunnelling stock.
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Right Tunnelling Public Company Beta Analysis
Right Tunnelling's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Right Tunnelling Beta | -0.0826 |
Most of Right Tunnelling's fundamental indicators, such as Beta, 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, Right Tunnelling Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Right Tunnelling Public has a Beta of -0.0826. This is 106.03% lower than that of the Industrials sector and 107.72% lower than that of the Engineering & Construction industry. The beta for all Thailand stocks is 44.93% lower than that of the firm.
Right Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Right Tunnelling's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Right Tunnelling could also be used in its relative valuation, which is a method of valuing Right Tunnelling by comparing valuation metrics of similar companies.Right Tunnelling is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Right Tunnelling are expected to decrease at a much lower rate. During the bear market, Right Tunnelling is likely to outperform the market.
Right Fundamentals
| Return On Equity | -0.0651 | |||
| Return On Asset | -0.0077 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 3.16 B | |||
| Shares Outstanding | 1.1 B | |||
| Shares Owned By Insiders | 44.88 % | |||
| Price To Earning | 9.70 X | |||
| Price To Book | 1.28 X | |||
| Price To Sales | 0.70 X | |||
| Revenue | 2.47 B | |||
| Gross Profit | 331.18 M | |||
| EBITDA | 254.41 M | |||
| Net Income | 41.6 M | |||
| Cash And Equivalents | 105.48 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 77.38 M | |||
| Debt To Equity | 0.82 % | |||
| Current Ratio | 1.04 X | |||
| Book Value Per Share | 1.14 X | |||
| Cash Flow From Operations | (161.84 M) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | -0.0826 | |||
| Market Capitalization | 1.52 B | |||
| Total Asset | 3.92 B | |||
| Z Score | 11.4 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 3.92 B | |||
| Last Dividend Paid | 0.014 |
About Right Tunnelling Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Right Tunnelling Public's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Right Tunnelling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Right Tunnelling Public based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Right Tunnelling financial ratios help investors to determine whether Right 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 Right with respect to the benefits of owning Right Tunnelling security.