Right Tunnelling Public Stock Return On Asset

RT Stock  THB 0.30  0.01  3.23%   
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.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Right Tunnelling Public Company Return On Asset Analysis

Right Tunnelling's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Right Tunnelling Return On Asset

    
  -0.0077  
Most of Right Tunnelling's fundamental indicators, such as Return On Asset, 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.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Right Tunnelling Public has a Return On Asset of -0.0077. This is 98.49% lower than that of the Industrials sector and 101.31% lower than that of the Engineering & Construction industry. The return on asset for all Thailand stocks is 94.5% lower than that of the firm.

Right Return On Asset 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 Return On Asset 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 return on asset category among its peers.

Right Fundamentals

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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Other Information on Investing in Right Stock

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.