Shares & Derivatives
ThaiBev – What really matters in a Stock
By FinancialVeracity  •  December 26, 2016
Established in 2003 (Merging of all 58 companies) | 63 Subsidiaries  | Spirits , Beer , alcoholic drinks and food | 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED.
  • Price to book ratio : 4.49 (3.39 times overvalued of its actual value)
  • Price to earning ratio :  21 (Growing below industry standard – 24.465)
2)  LEARN ABOUT THEIR NUMBERS
  • Debt To Equity : 38.6 %  – Better than F&N (434.7%)
  • Growth Performance : 20.19% – Better than F&N (-21.96%)
  • Current Ratio : 1.527 (F&N is at 3.605)
  • Cash flow per share : 0.0473 ( You’re paying 21 Bhat)
  • Good management ability ( Constant dividend growth | Positive net income/gross profit margin | Reduced in financing | Overall a positive cash flow |)
3) Technical Analysis Overall market trend is on the bull(UP) ......
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By FinancialVeracity
24 and on a constant lookout to improve my financial literacy in order to achieve “Financial Independence”. The sole purpose of writing this blog is to give whatever little financial knowledge I have to everyone.
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