Krung Thai Financials
KTB Stock | THB 16.70 0.10 0.60% |
Krung |
Understanding current and past Krung Thai Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Krung Thai's financial statements are interrelated, with each one affecting the others. For example, an increase in Krung Thai's assets may result in an increase in income on the income statement.
The data published in Krung Thai's official financial statements usually reflect Krung Thai'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 Krung Thai Bank. For example, before you start analyzing numbers published by Krung accountants, it's critical to develop an understanding of what Krung Thai's liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.
Please note, the presentation of Krung Thai'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, Krung Thai's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Krung Thai's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Krung Thai Bank. Please utilize our Beneish M Score to check the likelihood of Krung Thai's management manipulating its earnings.
Krung Thai Stock Summary
Krung Thai competes with PTT Public, and Siam Cement. Krung Thai Bank Public Company Limited provides commercial banking products and services to individuals and corporate customers primarily in Thailand. Krung Thai Bank Public Company Limited is a subsidiary of Financial Institutions Development Fund. KRUNG THAI operates under Banks - Regional - Asia classification in Thailand and is traded on Stock Exchange of Thailand.Foreign Associate | USA |
Instrument | Thailand Stock View All |
Exchange | Thailand Exchange |
ISIN | TH0150010Z03 |
Business Address | Building 1, Bangkok, |
Sector | Banks |
Industry | Financials |
Benchmark | NYSE Composite |
Website | www.krungthai.com |
Phone | 66 2 255 2222 |
Currency | THB - Thailand Baht |
You should never invest in Krung Thai without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Krung Stock, because this is throwing your money away. Analyzing the key information contained in Krung Thai's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Krung Thai Key Financial Ratios
Generally speaking, Krung Thai's financial ratios allow both analysts and investors to convert raw data from Krung Thai's financial statements into concise, actionable information that can be used to evaluate the performance of Krung Thai 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 Krung Thai Bank reports annually and quarterly.Return On Equity | 0.0971 | |||
Return On Asset | 0.0104 | |||
Target Price | 19.21 |
Krung Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Krung Thai's current stock value. Our valuation model uses many indicators to compare Krung Thai value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Krung Thai competition to find correlations between indicators driving Krung Thai's intrinsic value. More Info.Krung Thai Bank is currently regarded as number one stock in return on equity category among related companies. It is currently regarded as number one stock in return on asset category among related companies reporting about 0.11 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Krung Thai Bank is roughly 9.34 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Krung Thai by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Krung Thai'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 Krung Thai's earnings, one of the primary drivers of an investment's value.Krung Thai Bank Systematic Risk
Krung Thai's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Krung Thai 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Krung Thai Bank correlated with the market. If Beta is less than 0 Krung Thai generally moves in the opposite direction as compared to the market. If Krung Thai Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Krung Thai Bank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Krung Thai is generally in the same direction as the market. If Beta > 1 Krung Thai moves generally in the same direction as, but more than the movement of the benchmark.
About Krung Thai Financials
What exactly are Krung Thai 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 Krung Thai's income statement, its balance sheet, and the statement of cash flows. Potential Krung Thai investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Krung Thai investors may use each financial statement separately, they are all related. The changes in Krung Thai's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Krung Thai'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 Krung Thai 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 Krung Thai 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 Krung 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 Krung Thai's financials are consistent with your investment objective using the following steps:- Review Krung Thai'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 Krung Thai'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 Krung Thai'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 Krung Thai's stock is overvalued or undervalued.
Krung Thai May 7, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Krung Thai help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Krung Thai Bank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Krung Thai Bank based on widely used predictive technical indicators. In general, we focus on analyzing Krung Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Krung Thai's daily price indicators and compare them against related drivers.
Downside Deviation | 1.37 | |||
Information Ratio | 0.0518 | |||
Maximum Drawdown | 6.74 | |||
Value At Risk | (1.78) | |||
Potential Upside | 1.81 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Krung Thai Bank. 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. Note that the Krung Thai Bank information on this page should be used as a complementary analysis to other Krung Thai's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Krung Stock analysis
When running Krung Thai's price analysis, check to measure Krung Thai'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 Krung Thai is operating at the current time. Most of Krung Thai's value examination focuses on studying past and present price action to predict the probability of Krung Thai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Krung Thai's price. Additionally, you may evaluate how the addition of Krung Thai to your portfolios can decrease your overall portfolio volatility.
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