Sri Trang Financials
| STGT Stock | THB 11.20 0.70 6.67% |
Sri |
Understanding current and past Sri Trang Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sri Trang's financial statements are interrelated, with each one affecting the others. For example, an increase in Sri Trang's assets may result in an increase in income on the income statement.
The data published in Sri Trang's official financial statements usually reflect Sri Trang's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Sri Trang Gloves. For example, before you start analyzing numbers published by Sri accountants, it's critical to develop an understanding of what Sri Trang's liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.
Please note, the presentation of Sri Trang's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sri Trang's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Sri Trang's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sri Trang Gloves. Please utilize our Beneish M Score to check the likelihood of Sri Trang's management manipulating its earnings.
Sri Trang Stock Summary
Sri Trang competes with Thai Mitsuwa, S P, TAC Consumer, and Synnex Public. Sri Trang Gloves Public Company Limited produces and sells rubber gloves in Singapore, Thailand, the United States, China, Germany, 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.| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| Business Address | No 110 Kanjanavanit |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Benchmark | NYSE Composite |
| Website | www.sritranggloves.com |
| Phone | 66 7 447 1471 |
| Currency | THB - Thailand Baht |
You should never invest in Sri Trang without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Sri Stock, because this is throwing your money away. Analyzing the key information contained in Sri Trang's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Sri Trang Key Financial Ratios
Generally speaking, Sri Trang's financial ratios allow both analysts and investors to convert raw data from Sri Trang's financial statements into concise, actionable information that can be used to evaluate the performance of Sri Trang over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Sri Trang Gloves reports annually and quarterly.| Return On Equity | 0.0915 | |||
| Return On Asset | 0.0447 | |||
| Target Price | 12.84 |
Sri Financial Ratios 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 related companies. It is currently regarded as top stock in return on asset category among related companies reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sri Trang Gloves is roughly 2.05 . 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. 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 Sri Trang's earnings, one of the primary drivers of an investment's value.Sri Trang Gloves Systematic Risk
Sri Trang's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sri Trang volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Sri Trang Gloves correlated with the market. If Beta is less than 0 Sri Trang generally moves in the opposite direction as compared to the market. If Sri Trang Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sri Trang Gloves is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sri Trang is generally in the same direction as the market. If Beta > 1 Sri Trang moves generally in the same direction as, but more than the movement of the benchmark.
About Sri Trang Financials
What exactly are Sri Trang Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Sri Trang's income statement, its balance sheet, and the statement of cash flows. Potential Sri Trang investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Sri Trang investors may use each financial statement separately, they are all related. The changes in Sri Trang's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sri Trang'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.Steps to analyze Sri Trang Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Sri Trang is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Sri has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Sri Trang's financials are consistent with your investment objective using the following steps:- Review Sri Trang's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Sri Trang's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Sri Trang's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Sri Trang's stock is overvalued or undervalued.
Sri Trang May 20, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sri Trang help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sri Trang Gloves. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sri Trang Gloves based on widely used predictive technical indicators. In general, we focus on analyzing Sri Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sri Trang's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.28 | |||
| Information Ratio | 0.228 | |||
| Maximum Drawdown | 16.05 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 8.59 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sri Trang Gloves. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Sri Stock analysis
When running Sri Trang's price analysis, check to measure Sri Trang's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sri Trang is operating at the current time. Most of Sri Trang's value examination focuses on studying past and present price action to predict the probability of Sri Trang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sri Trang's price. Additionally, you may evaluate how the addition of Sri Trang to your portfolios can decrease your overall portfolio volatility.
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