Thonburi Healthcare Net Income vs. Return On Equity
| THG Stock | THB 17.00 0.60 3.41% |
For Thonburi Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thonburi Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thonburi Healthcare Grp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thonburi Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thonburi Healthcare Grp over time as well as its relative position and ranking within its peers.
Thonburi |
Thonburi Healthcare Grp Return On Equity vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Thonburi Healthcare's current stock value. Our valuation model uses many indicators to compare Thonburi Healthcare value to that of its competitors to determine the firm's financial worth. Thonburi Healthcare Grp is rated third in net income category among its peers. It is rated fifth in return on equity category among its peers . The ratio of Net Income to Return On Equity for Thonburi Healthcare Grp is about 6,168,935,627 . 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 Thonburi Healthcare's earnings, one of the primary drivers of an investment's value.Thonburi Return On Equity vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Thonburi Healthcare |
| = | 1.34 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Thonburi Healthcare |
| = | 0.22 |
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.
Thonburi Return On Equity Comparison
Thonburi Healthcare is currently under evaluation in return on equity category among its peers.
Thonburi Healthcare Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Thonburi Healthcare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Thonburi Healthcare will eventually generate negative long term returns. The profitability progress is the general direction of Thonburi Healthcare's change in net profit over the period of time. It can combine multiple indicators of Thonburi Healthcare, 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.
Thonburi Healthcare Group Public Company Limited operates private hospitals in Thailand. Thonburi Healthcare Group Public Company Limited was founded in 1976 and is headquartered in Bangkok, Thailand. THONBURI HEALTHCARE is traded on Stock Exchange of Thailand in Thailand.
Thonburi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Thonburi Healthcare. 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 Thonburi Healthcare 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 Thonburi Healthcare's important profitability drivers and their relationship over time.
Use Thonburi Healthcare 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 Thonburi Healthcare 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 Thonburi Healthcare will appreciate offsetting losses from the drop in the long position's value.Thonburi Healthcare Pair Trading
Thonburi Healthcare Grp Pair Trading Analysis
The ability to find closely correlated positions to Thonburi Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thonburi Healthcare 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 Thonburi Healthcare - 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 Thonburi Healthcare Grp to buy it.
The correlation of Thonburi Healthcare 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 Thonburi Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thonburi Healthcare Grp 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 Thonburi Healthcare 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.Use Investing Themes to Complement your Thonburi Healthcare position
In addition to having Thonburi Healthcare 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.Did You Try This Idea?
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Other Information on Investing in Thonburi Stock
To fully project Thonburi Healthcare's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Thonburi Healthcare Grp 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 Thonburi Healthcare's income statement, its balance sheet, and the statement of cash flows.