Vraj Iron and Steel IPO subscribed 16.90 times - Business Standard
| TMT Stock | THB 3.28 0.04 1.20% |
About 62% of TMT Steel's investor base is looking to short. The analysis of current outlook of investing in TMT Steel Public suggests that many traders are alarmed regarding TMT Steel's prospects. TMT Steel's investing sentiment shows overall attitude of investors towards TMT Steel Public.
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Vraj Iron and Steel IPO subscribed 16.90 times Business Standard
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TMT Steel Fundamental Analysis
We analyze TMT Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TMT Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TMT Steel 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.
EBITDA
EBITDA Comparative Analysis
TMT Steel is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
TMT Steel Public Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TMT Steel stock to make a market-neutral strategy. Peer analysis of TMT Steel could also be used in its relative valuation, which is a method of valuing TMT Steel by comparing valuation metrics with similar companies.
Peers
TMT Steel Related Equities
| PAP | Pacific Pipe | 2.27 | ||||
| TIPCO | Tipco Foods | 0.99 | ||||
| KGI | KGI Securities | 0.96 | ||||
| MCS | MCS Steel | 0.70 | ||||
| TVO | Thai Vegetable | 0.44 |
Other Information on Investing in TMT Stock
TMT Steel financial ratios help investors to determine whether TMT 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 TMT with respect to the benefits of owning TMT Steel security.