Thai Union Financials
| TU Stock | THB 14.30 0.30 2.05% |
Thai |
Understanding current and past Thai Union Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Thai Union's financial statements are interrelated, with each one affecting the others. For example, an increase in Thai Union's assets may result in an increase in income on the income statement.
The data published in Thai Union's official financial statements usually reflect Thai Union'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 Thai Union Group. For example, before you start analyzing numbers published by Thai accountants, it's critical to develop an understanding of what Thai Union's liquidity, profitability, and earnings quality are in the context of the Food Products space in which it operates.
Please note, the presentation of Thai Union'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, Thai Union's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Thai Union's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Thai Union Group. Please utilize our Beneish M Score to check the likelihood of Thai Union's management manipulating its earnings.
Thai Union Stock Summary
Thai Union competes with Peoples Garment. Thai Union Group Public Company Limited, together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. Thai Union Group Public Company Limited was founded in 1977 and is headquartered in Mueang Samut Sakhon, Thailand. THAI UNION operates under Packaged Foods classification in Thailand and is traded on Stock Exchange of Thailand.| Foreign Associate | USA |
| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| ISIN | TH0450010Y08 |
| Business Address | 721 Moo 7, |
| Sector | Food Products |
| Industry | Consumer Staples |
| Benchmark | NYSE Composite |
| Website | www.thaiunion.com |
| Phone | 66 3 481 6500 |
| Currency | THB - Thailand Baht |
You should never invest in Thai Union without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Thai Stock, because this is throwing your money away. Analyzing the key information contained in Thai Union's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Thai Union Key Financial Ratios
Generally speaking, Thai Union's financial ratios allow both analysts and investors to convert raw data from Thai Union's financial statements into concise, actionable information that can be used to evaluate the performance of Thai Union 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 Thai Union Group reports annually and quarterly.| Return On Equity | 0.13 | |||
| Return On Asset | 0.0281 | |||
| Target Price | 21.99 |
Thai Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thai Union's current stock value. Our valuation model uses many indicators to compare Thai Union value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thai Union competition to find correlations between indicators driving Thai Union's intrinsic value. More Info.Thai Union Group 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 0.21 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thai Union Group is roughly 4.67 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Thai Union by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Thai Union'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 Thai Union's earnings, one of the primary drivers of an investment's value.Thai Union Group Systematic Risk
Thai Union's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thai Union 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Thai Union Group correlated with the market. If Beta is less than 0 Thai Union generally moves in the opposite direction as compared to the market. If Thai Union Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thai Union Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thai Union is generally in the same direction as the market. If Beta > 1 Thai Union moves generally in the same direction as, but more than the movement of the benchmark.
About Thai Union Financials
What exactly are Thai Union 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 Thai Union's income statement, its balance sheet, and the statement of cash flows. Potential Thai Union investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Thai Union investors may use each financial statement separately, they are all related. The changes in Thai Union's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Thai Union'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 Thai Union 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 Thai Union 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 Thai 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 Thai Union's financials are consistent with your investment objective using the following steps:- Review Thai Union'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 Thai Union'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 Thai Union'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 Thai Union's stock is overvalued or undervalued.
Thai Union April 20, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Thai Union help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thai Union Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thai Union Group based on widely used predictive technical indicators. In general, we focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thai Union's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 7.12 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 1.42 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thai Union Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Thai Union Group information on this page should be used as a complementary analysis to other Thai Union'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Thai Stock analysis
When running Thai Union's price analysis, check to measure Thai Union'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 Thai Union is operating at the current time. Most of Thai Union's value examination focuses on studying past and present price action to predict the probability of Thai Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Union's price. Additionally, you may evaluate how the addition of Thai Union to your portfolios can decrease your overall portfolio volatility.
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