Ramkhamhaeng Hospital Public Stock Return On Asset

RAM Stock  THB 32.00  0.75  2.40%   
Ramkhamhaeng Hospital Public fundamentals help investors to digest information that contributes to Ramkhamhaeng Hospital's financial success or failures. It also enables traders to predict the movement of Ramkhamhaeng Stock. The fundamental analysis module provides a way to measure Ramkhamhaeng Hospital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ramkhamhaeng Hospital stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ramkhamhaeng Hospital Public Company Return On Asset Analysis

Ramkhamhaeng Hospital's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Ramkhamhaeng Hospital Return On Asset

    
  0.0339  
Most of Ramkhamhaeng Hospital's fundamental indicators, such as Return On Asset, 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, Ramkhamhaeng Hospital Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Ramkhamhaeng Hospital Public has a Return On Asset of 0.0339. This is 100.39% lower than that of the Health Care Providers & Services sector and 97.1% lower than that of the Health Care industry. The return on asset for all Thailand stocks is 124.21% lower than that of the firm.

Ramkhamhaeng Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ramkhamhaeng Hospital's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ramkhamhaeng Hospital could also be used in its relative valuation, which is a method of valuing Ramkhamhaeng Hospital by comparing valuation metrics of similar companies.
Ramkhamhaeng Hospital is currently under evaluation in return on asset category among related companies.

Ramkhamhaeng Fundamentals

About Ramkhamhaeng Hospital Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ramkhamhaeng Hospital Public's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ramkhamhaeng Hospital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ramkhamhaeng Hospital Public based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ramkhamhaeng Hospital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ramkhamhaeng Hospital's short interest history, or implied volatility extrapolated from Ramkhamhaeng Hospital options trading.

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ramkhamhaeng Hospital Public. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Ramkhamhaeng Stock analysis

When running Ramkhamhaeng Hospital's price analysis, check to measure Ramkhamhaeng Hospital'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 Ramkhamhaeng Hospital is operating at the current time. Most of Ramkhamhaeng Hospital's value examination focuses on studying past and present price action to predict the probability of Ramkhamhaeng Hospital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ramkhamhaeng Hospital's price. Additionally, you may evaluate how the addition of Ramkhamhaeng Hospital to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Bonds Directory
Find actively traded corporate debentures issued by US companies
Please note, there is a significant difference between Ramkhamhaeng Hospital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ramkhamhaeng Hospital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ramkhamhaeng Hospital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.