Sri Trang Gloves Stock Fundamentals

STGT-R Stock  THB 10.90  0.05  0.46%   
SRI TRANG GLOVES fundamentals help investors to digest information that contributes to SRI TRANG's financial success or failures. It also enables traders to predict the movement of SRI Stock. The fundamental analysis module provides a way to measure SRI TRANG'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 SRI TRANG 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.

SRI TRANG GLOVES Company Return On Equity Analysis

SRI TRANG's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current SRI TRANG Return On Equity

    
  21.0  
Most of SRI TRANG's fundamental indicators, such as Return On Equity, 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, SRI TRANG GLOVES is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, SRI TRANG GLOVES has a Return On Equity of 21.0. This is much higher than that of the Basic Materials sector and 256.54% higher than that of the Specialty Chemicals industry. The return on equity for all Thailand stocks is notably lower than that of the firm.

SRI TRANG GLOVES Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining SRI TRANG's current stock value. Our valuation model uses many indicators to compare SRI TRANG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SRI TRANG competition to find correlations between indicators driving SRI TRANG's intrinsic value. More Info.
SRI TRANG GLOVES is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about  0.50  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for SRI TRANG GLOVES is roughly  2.00 . Comparative valuation analysis is a catch-all model that can be used if you cannot value SRI TRANG by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SRI TRANG's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

SRI Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SRI TRANG's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SRI TRANG could also be used in its relative valuation, which is a method of valuing SRI TRANG by comparing valuation metrics of similar companies.
SRI TRANG is currently under evaluation in return on equity category among its peers.

SRI Fundamentals

About SRI TRANG Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SRI TRANG GLOVES's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SRI TRANG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SRI TRANG GLOVES 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.
Sri Trang Gloves Public Company Limited, together with its subsidiaries, manufactures and distributes rubber gloves in Thailand, Singapore, the United States, China, Germany, Brazil, Japan, and internationally. Sri Trang Gloves Public Company Limited is a subsidiary of Sri Trang Agro-Industry Public Company Limited. SRI TRANG operates under Specialty Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.

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Other Information on Investing in SRI Stock

SRI TRANG financial ratios help investors to determine whether SRI 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 SRI with respect to the benefits of owning SRI TRANG security.