Toa Paint Stock Return On Asset

TOA-R Stock  THB 14.00  0.56  3.85%   
TOA PAINT fundamentals help investors to digest information that contributes to TOA PAINT's financial success or failures. It also enables traders to predict the movement of TOA Stock. The fundamental analysis module provides a way to measure TOA PAINT'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 TOA PAINT 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.

TOA PAINT Company Return On Asset Analysis

TOA PAINT'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 TOA PAINT Return On Asset

    
  9.98  
Most of TOA PAINT'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, TOA PAINT 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, TOA PAINT has a Return On Asset of 9.98. This is much higher than that of the Basic Materials sector and notably higher than that of the Specialty Chemicals industry. The return on asset for all Thailand stocks is notably lower than that of the firm.

TOA Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TOA PAINT'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 TOA PAINT could also be used in its relative valuation, which is a method of valuing TOA PAINT by comparing valuation metrics of similar companies.
TOA PAINT is currently under evaluation in return on asset category among its peers.

TOA Fundamentals

About TOA PAINT Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze TOA PAINT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TOA PAINT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TOA PAINT 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in TOA Stock

TOA PAINT financial ratios help investors to determine whether TOA 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 TOA with respect to the benefits of owning TOA PAINT security.