ATP Financial Statements From 2010 to 2024
| ATP30 Stock | THB 0.95 0.02 2.15% |
Check ATP 30 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ATP main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . ATP financial statements analysis is a perfect complement when working with ATP 30 Valuation or Volatility modules.
ATP |
ATP 30 Public Company Current Valuation Analysis
ATP 30's 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.
Current ATP 30 Current Valuation | 1.49 B |
Most of ATP 30's fundamental indicators, such as Current Valuation, 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, ATP 30 Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, ATP 30 Public has a Current Valuation of 1.49 B. This is 79.54% lower than that of the Industrials sector and 95.82% lower than that of the Railroads industry. The current valuation for all Thailand stocks is 91.04% higher than that of the company.
ATP 30 Public Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ATP 30's current stock value. Our valuation model uses many indicators to compare ATP 30 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ATP 30 competition to find correlations between indicators driving ATP 30's intrinsic value. More Info.ATP 30 Public is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ATP 30 Public is roughly 2.11 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ATP 30 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ATP 30'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 ATP 30's earnings, one of the primary drivers of an investment's value.About ATP 30 Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ATP 30 income statement, its balance sheet, and the statement of cash flows. ATP 30 investors use historical funamental indicators, such as ATP 30's revenue or net income, to determine how well the company is positioned to perform in the future. Although ATP 30 investors may use each financial statement separately, they are all related. The changes in ATP 30's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ATP 30'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. We offer a historical overview of the basic patterns found on ATP 30 Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ATP 30. Please read more on our technical analysis and fundamental analysis pages.
ATP 30 Public Company Limited provides transport services in Thailand. The company was founded in 2005 and is headquartered in Chonburi, Thailand. ATP30 PUBLIC operates under Railroads classification in Thailand and is traded on Stock Exchange of Thailand.
Pair Trading with ATP 30
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 ATP 30 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 ATP 30 will appreciate offsetting losses from the drop in the long position's value.Moving against ATP Stock
| 0.86 | BEM | Bangkok Expressway and | PairCorr |
| 0.61 | BEM-R | Bangkok Expressway and | PairCorr |
The ability to find closely correlated positions to ATP 30 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATP 30 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 ATP 30 - 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 ATP 30 Public to buy it.
The correlation of ATP 30 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 ATP 30 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATP 30 Public 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 ATP 30 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.Check out the analysis of ATP 30 Correlation against competitors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for ATP Stock analysis
When running ATP 30's price analysis, check to measure ATP 30'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 ATP 30 is operating at the current time. Most of ATP 30's value examination focuses on studying past and present price action to predict the probability of ATP 30's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATP 30's price. Additionally, you may evaluate how the addition of ATP 30 to your portfolios can decrease your overall portfolio volatility.
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