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Millcon Steel PCL

Millcon Steel PCL P/E 2024

Millcon Steel PCL P/E

-2.67

Millcon Steel PCL Dividend yield

6.99 %

Ticker

MILL.BK

ISIN

TH0957010Y02

As of Jun 4, 2024, Millcon Steel PCL's P/E ratio was -2.67, a -107.72% change from the 34.59 P/E ratio recorded in the previous year.

The Millcon Steel PCL P/E history

Millcon Steel PCL Aktienanalyse

What does Millcon Steel PCL do?

Millcon Steel PCL is a leading Thai steel manufacturing company that offers a diverse range of products for the construction, infrastructure, and automotive sectors. Founded in 1998, the company has become a key player in both the local and international markets. The business model of Millcon Steel PCL is based on the production of various steel products such as reinforcement steel, bar steel, and sheet piles. These products are manufactured in several divisions including Construction Steel, Automotive Steel, and Structural Steel. The company emphasizes an innovative and environmentally friendly production approach relying on state-of-the-art technology. As a result, Millcon Steel PCL was among the first in Thailand to successfully install a solid CO2 recovery unit to reduce carbon emissions and offset emissions. The company offers reinforcement steel products for use in the construction industry. Reinforcement steel is an essential component in the construction of buildings, bridges, and other infrastructure works, and is considered a strategic material by the government. Millcon Steel PCL aims to provide a wide range of products in this category to meet the needs of different customers. Among its offerings are reinforcement steel bars, hot-dip galvanized reinforcement steel, and welding wire. In the Automotive Steel segment, Millcon Steel PCL produces various types of forged products, cast products, and pipe products for the automotive sector. The company strives to manufacture a variety of products that meet the needs of different customers in this sector while maintaining the highest standards of quality and efficiency. In the Structural Steel segment, Millcon Steel PCL produces products such as I-beams, angles, channels, T-profiles, tubular structures, and welding wire. These products are suitable for use in a wide range of projects, particularly in the construction industry. The company is constantly working to expand its production capacity and diversify its product range to meet market demands. Millcon Steel PCL places great emphasis on the safety and quality of its products. The company relies on effective quality control to ensure that all products meet the highest standards. State-of-the-art measurement and testing methods are used to ensure compliance with international quality standards. Millcon Steel PCL is a company with a strong growth strategy. The company aims to further expand its presence in both the local and international markets. To achieve this goal, Millcon Steel PCL has made significant investments in new technologies and facilities. In the future, the company will strive to further expand its production capacity and market penetration to meet the growing demand for steel products. In summary, Millcon Steel PCL is a strong company with a diversified product range that focuses on innovative and environmentally friendly production. The company aims to meet the highest standards in terms of quality and efficiency and will continue to play a leading role in the local and international markets in the future. Millcon Steel PCL ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Millcon Steel PCL's P/E Ratio

The Price to Earnings (P/E) Ratio of Millcon Steel PCL is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Millcon Steel PCL's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Millcon Steel PCL is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Millcon Steel PCL’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Millcon Steel PCL Stock

What is the price-to-earnings ratio of Millcon Steel PCL?

The price-earnings ratio of Millcon Steel PCL is currently -2.67.

How has the price-earnings ratio of Millcon Steel PCL changed compared to last year?

The price-to-earnings ratio of Millcon Steel PCL has increased by -107.72% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Millcon Steel PCL high compared to other companies?

Yes, the price-to-earnings ratio of Millcon Steel PCL is high compared to other companies.

How does an increase in the price-earnings ratio of Millcon Steel PCL affect the company?

An increase in the price-earnings ratio of Millcon Steel PCL would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Millcon Steel PCL affect the company?

A decrease in the price-earnings ratio of Millcon Steel PCL would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Millcon Steel PCL?

Some factors that influence the price-earnings ratio of Millcon Steel PCL are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Millcon Steel PCL pay?

Over the past 12 months, Millcon Steel PCL paid a dividend of 0.01 THB . This corresponds to a dividend yield of about 6.99 %. For the coming 12 months, Millcon Steel PCL is expected to pay a dividend of 0.01 THB.

What is the dividend yield of Millcon Steel PCL?

The current dividend yield of Millcon Steel PCL is 6.99 %.

When does Millcon Steel PCL pay dividends?

Millcon Steel PCL pays a quarterly dividend. This is distributed in the months of June, May, June, June.

How secure is the dividend of Millcon Steel PCL?

Millcon Steel PCL paid dividends every year for the past 0 years.

What is the dividend of Millcon Steel PCL?

For the upcoming 12 months, dividends amounting to 0.01 THB are expected. This corresponds to a dividend yield of 6.99 %.

In which sector is Millcon Steel PCL located?

Millcon Steel PCL is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Millcon Steel PCL kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Millcon Steel PCL from 5/27/2022 amounting to 0.009 THB, you needed to have the stock in your portfolio before the ex-date on 5/9/2022.

When did Millcon Steel PCL pay the last dividend?

The last dividend was paid out on 5/27/2022.

What was the dividend of Millcon Steel PCL in the year 2023?

In the year 2023, Millcon Steel PCL distributed 0.003 THB as dividends.

In which currency does Millcon Steel PCL pay out the dividend?

The dividends of Millcon Steel PCL are distributed in THB.

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Andere Kennzahlen von Millcon Steel PCL

Our stock analysis for Millcon Steel PCL Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Millcon Steel PCL Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.