Symphony Communication Return On Equity vs. Current Valuation

SYMC Stock  THB 8.55  0.15  1.72%   
Considering Symphony Communication's profitability and operating efficiency indicators, Symphony Communication Public may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Symphony Communication's ability to earn profits and add value for shareholders.
For Symphony Communication profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Symphony Communication to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Symphony Communication Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Symphony Communication's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Symphony Communication Public over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Symphony Communication's value and its price as these two are different measures arrived at by different means. Investors typically determine if Symphony Communication is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Symphony Communication's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Symphony Communication Current Valuation vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Symphony Communication's current stock value. Our valuation model uses many indicators to compare Symphony Communication value to that of its competitors to determine the firm's financial worth.
Symphony Communication Public is currently regarded as top stock in return on equity category among its peers. It is rated third in current valuation category among its peers reporting about  61,220,100,868  of Current Valuation per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Symphony Communication's earnings, one of the primary drivers of an investment's value.

Symphony Current Valuation vs. Return On Equity

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.

Symphony Communication

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0576
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Symphony Communication

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
3.53 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Symphony Current Valuation vs Competition

Symphony Communication Public is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Services industry is at this time estimated at about 66.74 Billion. Symphony Communication holds roughly 3.53 Billion in current valuation claiming about 5% of stocks in Communication Services industry.

Symphony Communication Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Symphony Communication, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Symphony Communication will eventually generate negative long term returns. The profitability progress is the general direction of Symphony Communication's change in net profit over the period of time. It can combine multiple indicators of Symphony Communication, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Symphony Communication Public Company Limited provides communication high-speed circuit services in Thailand and internationally. Symphony Communication Public Company Limited was founded in 2005 and is headquartered in Bangkok, Thailand. SYMPHONY COMMUNICATION operates under Telecom Services classification in Thailand and is traded on Stock Exchange of Thailand.

Symphony Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Symphony Communication. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Symphony Communication position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Symphony Communication's important profitability drivers and their relationship over time.

Use Symphony Communication in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Symphony Communication position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Symphony Communication will appreciate offsetting losses from the drop in the long position's value.

Symphony Communication Pair Trading

Symphony Communication Public Pair Trading Analysis

The ability to find closely correlated positions to Symphony Communication could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Symphony Communication when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Symphony Communication - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Symphony Communication Public to buy it.
The correlation of Symphony Communication is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Symphony Communication moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Symphony Communication moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Symphony Communication can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Symphony Communication position

In addition to having Symphony Communication in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Marijuana Theme or any other thematic opportunities.
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Other Information on Investing in Symphony Stock

To fully project Symphony Communication's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Symphony Communication at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Symphony Communication's income statement, its balance sheet, and the statement of cash flows.
Potential Symphony Communication investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Symphony Communication investors may work on each financial statement separately, they are all related. The changes in Symphony Communication's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Symphony Communication's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.