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Indorama Ventures PCL
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PenkeI guess you are interested in Indorama Ventures PCL. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

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Quick analysis of Indorama Ventures PCL (30 sec.)










What can you expect buying and holding a share of Indorama Ventures PCL? (30 sec.)

How much money do you get?

How much money do you get?
฿0.03
When do you have the money?
1 year
How often do you get paid?
95.0%

What is your share worth?

Current worth
฿29.06
Expected worth in 1 year
฿22.34
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
฿-5.54
Return On Investment
-23.2%

For what price can you sell your share?

Current Price per Share
฿23.90
Expected price per share
฿22.00 - ฿25.25
How sure are you?
50%

1. Valuation of Indorama Ventures PCL (5 min.)




Live pricePrice per Share (EOD)

฿23.90

Intrinsic Value Per Share

฿13.54 - ฿56.23

Total Value Per Share

฿42.60 - ฿85.29

2. Growth of Indorama Ventures PCL (5 min.)




Is Indorama Ventures PCL growing?

Current yearPrevious yearGrowGrow %
How rich?$4.4b$5.7b-$425.6m-8.0%

How much money is Indorama Ventures PCL making?

Current yearPrevious yearGrowGrow %
Making money-$75.5m$206.6m-$282.1m-373.5%
Net Profit Margin-2.1%4.1%--

How much money comes from the company's main activities?

3. Financial Health of Indorama Ventures PCL (5 min.)




4. Comparing to competitors in the Chemicals industry (5 min.)




  Industry Rankings (Chemicals)  


Richest
#21 / 319

Most Revenue
#14 / 319

Most Profit
#312 / 319

Most Efficient
#249 / 319

What can you expect buying and holding a share of Indorama Ventures PCL? (5 min.)

Welcome investor! Indorama Ventures PCL's management wants to use your money to grow the business. In return you get a share of Indorama Ventures PCL.

What can you expect buying and holding a share of Indorama Ventures PCL?

First you should know what it really means to hold a share of Indorama Ventures PCL. And how you can make/lose money.

Speculation

The Price per Share of Indorama Ventures PCL is ฿23.90. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Indorama Ventures PCL.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Indorama Ventures PCL, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ฿29.06. Based on the TTM, the Book Value Change Per Share is ฿-1.68 per quarter. Based on the YOY, the Book Value Change Per Share is ฿1.33 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ฿0.30 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Indorama Ventures PCL.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share
Usd Eps-0.06-0.3%-0.01-0.1%0.040.2%0.010.1%0.010.1%
Usd Book Value Change Per Share-0.20-0.9%-0.05-0.2%0.040.2%0.000.0%0.010.1%
Usd Dividend Per Share0.010.0%0.010.0%0.010.0%0.010.0%0.010.0%
Usd Total Gains Per Share-0.20-0.8%-0.04-0.2%0.050.2%0.010.0%0.020.1%
Usd Price Per Share0.75-0.84-1.19-1.02-0.99-
Price to Earnings Ratio-3.03-151.61-2.49--5.91-12.36-
Price-to-Total Gains Ratio-3.80-1.96-6.53--5.32--8.94-
Price to Book Ratio0.94-0.89-1.18-1.25-1.63-
Price-to-Total Gains Ratio-3.80-1.96-6.53--5.32--8.94-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.65725
Number of shares1521
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share-0.050.00
Usd Total Gains Per Share-0.040.01
Gains per Quarter (1521 shares)-57.8816.25
Gains per Year (1521 shares)-231.5265.02
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
150-281-242481755
299-562-4749634120
3149-843-70614551185
4198-1124-93819367250
5248-1405-117024184315
6297-1686-1402289101380
7347-1967-1634337118445
8396-2248-1866385135510
9446-2529-2098434152575
10495-2810-2330482168640

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%10.02.00.083.3%16.04.00.080.0%35.05.00.087.5%53.07.01.086.9%
Book Value Change Per Share2.02.00.050.0%9.03.00.075.0%12.08.00.060.0%28.012.00.070.0%43.016.02.070.5%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%19.00.01.095.0%38.00.02.095.0%55.00.06.090.2%
Total Gains per Share2.02.00.050.0%9.03.00.075.0%12.08.00.060.0%28.012.00.070.0%46.014.01.075.4%

Fundamentals of Indorama Ventures PCL

About Indorama Ventures PCL

Indorama Ventures Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of petrochemical products in Thailand and internationally. The company operates in three segments: Combined PET, Integrated Oxides and Derivatives, and Fibers. The Combined PET segment manufactures and distributes polyethylene terephthalate (PET) value chain comprising paraxylene, purified terephthalic acid, PET, and recycling; PET packaging consisting of preforms, bottles, and closures; and specialty PET-related chemicals, such as purified isophthalic acid and naphthalene dicarboxylate, as well as PET flakes and resins. The Integrated Oxides & Derivatives segment offers integrated ethylene glycol products, such as monoethylene, diethylene, and triethylene glycol; integrated purified ethylene oxide; PO/methyl tertiary butyl ether; and integrated surfactants consisting of ethanolamines and linear-alkyl benzene for use in home and personal care, oilfield technologies, agrochemicals, fuels and lubricants, and others. The Fibers segment offers polyester, rayon, nylon, polypropylene, composites, and worsted wool fiber and yarn products; polyolefin and bicomponent fibers; nylon 6.6 tire cord yarns; and conventional weaving, stretch, knitting, compact, and special end use yarns for the home, apparel, hygiene and medical, automotive, and industrial/technical markets. The company also provides feedstock products. The company was formerly known as Beacon Global Limited and changed its name to Indorama Ventures Public Company Limited in March 2009. The company was incorporated in 1994 and is headquartered in Bangkok, Thailand. Indorama Ventures Public Company Limited is a subsidiary of Indorama Resources Ltd.

Fundamental data was last updated by Penke on 2024-03-10 08:40:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Indorama Ventures PCL.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Indorama Ventures PCL earns for each ฿1 of revenue.

  • Above 10% is considered healthy but always compare Indorama Ventures PCL to the Chemicals industry mean.
  • A Net Profit Margin of -9.8% means that ฿-0.10 for each ฿1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Indorama Ventures PCL:

  • The MRQ is -9.8%. The company is making a loss. -1
  • The TTM is -2.1%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-9.8%TTM-2.1%-7.6%
TTM-2.1%YOY4.1%-6.2%
TTM-2.1%5Y1.9%-4.1%
5Y1.9%10Y3.4%-1.5%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.8%3.0%-12.8%
TTM-2.1%3.6%-5.7%
YOY4.1%6.5%-2.4%
5Y1.9%5.2%-3.3%
10Y3.4%5.6%-2.2%
1.1.2. Return on Assets

Shows how efficient Indorama Ventures PCL is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Indorama Ventures PCL to the Chemicals industry mean.
  • -2.1% Return on Assets means that Indorama Ventures PCL generated ฿-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Indorama Ventures PCL:

  • The MRQ is -2.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.1%TTM-0.5%-1.7%
TTM-0.5%YOY1.1%-1.6%
TTM-0.5%5Y0.5%-0.9%
5Y0.5%10Y0.9%-0.4%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.1%0.6%-2.7%
TTM-0.5%0.7%-1.2%
YOY1.1%1.5%-0.4%
5Y0.5%1.1%-0.6%
10Y0.9%1.2%-0.3%
1.1.3. Return on Equity

Shows how efficient Indorama Ventures PCL is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Indorama Ventures PCL to the Chemicals industry mean.
  • -8.4% Return on Equity means Indorama Ventures PCL generated ฿-0.08 for each ฿1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Indorama Ventures PCL:

  • The MRQ is -8.4%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-8.4%TTM-1.9%-6.6%
TTM-1.9%YOY3.9%-5.8%
TTM-1.9%5Y1.6%-3.4%
5Y1.6%10Y2.5%-0.9%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.4%1.1%-9.5%
TTM-1.9%1.3%-3.2%
YOY3.9%2.9%+1.0%
5Y1.6%2.1%-0.5%
10Y2.5%2.2%+0.3%

1.2. Operating Efficiency of Indorama Ventures PCL.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Indorama Ventures PCL is operating .

  • Measures how much profit Indorama Ventures PCL makes for each ฿1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Indorama Ventures PCL to the Chemicals industry mean.
  • An Operating Margin of -2.1% means the company generated ฿-0.02  for each ฿1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Indorama Ventures PCL:

  • The MRQ is -2.1%. The company is operating very inefficient. -2
  • The TTM is 1.8%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ-2.1%TTM1.8%-3.8%
TTM1.8%YOY8.4%-6.7%
TTM1.8%5Y4.9%-3.1%
5Y4.9%10Y5.2%-0.3%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.1%6.7%-8.8%
TTM1.8%3.0%-1.2%
YOY8.4%8.8%-0.4%
5Y4.9%7.3%-2.4%
10Y5.2%5.9%-0.7%
1.2.2. Operating Ratio

Measures how efficient Indorama Ventures PCL is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Chemicals industry mean).
  • An Operation Ratio of 1.02 means that the operating costs are ฿1.02 for each ฿1 in net sales.

Let's take a look of the Operating Ratio trends of Indorama Ventures PCL:

  • The MRQ is 1.021. The company is inefficient in keeping operating costs low. -1
  • The TTM is 0.986. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ1.021TTM0.986+0.034
TTM0.986YOY0.925+0.061
TTM0.9865Y0.958+0.028
5Y0.95810Y0.953+0.005
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0211.721-0.700
TTM0.9861.699-0.713
YOY0.9251.582-0.657
5Y0.9581.633-0.675
10Y0.9531.314-0.361

1.3. Liquidity of Indorama Ventures PCL.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Indorama Ventures PCL is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Chemicals industry mean).
  • A Current Ratio of 0.94 means the company has ฿0.94 in assets for each ฿1 in short-term debts.

Let's take a look of the Current Ratio trends of Indorama Ventures PCL:

  • The MRQ is 0.940. The company is just not able to pay all its short-term debts. -1
  • The TTM is 1.010. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ0.940TTM1.010-0.069
TTM1.010YOY1.135-0.126
TTM1.0105Y1.057-0.047
5Y1.05710Y1.182-0.126
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9401.606-0.666
TTM1.0101.617-0.607
YOY1.1351.682-0.547
5Y1.0571.774-0.717
10Y1.1821.346-0.164
1.3.2. Quick Ratio

Measures if Indorama Ventures PCL is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Indorama Ventures PCL to the Chemicals industry mean.
  • A Quick Ratio of 0.41 means the company can pay off ฿0.41 for each ฿1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Indorama Ventures PCL:

  • The MRQ is 0.412. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.453. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.412TTM0.453-0.040
TTM0.453YOY0.537-0.085
TTM0.4535Y0.493-0.040
5Y0.49310Y0.591-0.099
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4120.601-0.189
TTM0.4530.635-0.182
YOY0.5370.779-0.242
5Y0.4930.738-0.245
10Y0.5910.746-0.155

1.4. Solvency of Indorama Ventures PCL.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Indorama Ventures PCL assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Indorama Ventures PCL to Chemicals industry mean.
  • A Debt to Asset Ratio of 0.72 means that Indorama Ventures PCL assets are financed with 72.4% credit (debt) and the remaining percentage (100% - 72.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Indorama Ventures PCL:

  • The MRQ is 0.724. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.690. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.724TTM0.690+0.033
TTM0.690YOY0.680+0.010
TTM0.6905Y0.678+0.013
5Y0.67810Y0.652+0.026
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7240.419+0.305
TTM0.6900.420+0.270
YOY0.6800.425+0.255
5Y0.6780.405+0.273
10Y0.6520.420+0.232
1.4.2. Debt to Equity Ratio

Measures if Indorama Ventures PCL is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Indorama Ventures PCL to the Chemicals industry mean.
  • A Debt to Equity ratio of 285.7% means that company has ฿2.86 debt for each ฿1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Indorama Ventures PCL:

  • The MRQ is 2.857. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.429. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.857TTM2.429+0.428
TTM2.429YOY2.300+0.129
TTM2.4295Y2.286+0.143
5Y2.28610Y2.015+0.271
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8570.799+2.058
TTM2.4290.758+1.671
YOY2.3000.743+1.557
5Y2.2860.761+1.525
10Y2.0150.817+1.198

2. Market Valuation of Indorama Ventures PCL

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ฿1 in earnings Indorama Ventures PCL generates.

  • Above 15 is considered overpriced but always compare Indorama Ventures PCL to the Chemicals industry mean.
  • A PE ratio of -3.03 means the investor is paying ฿-3.03 for every ฿1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Indorama Ventures PCL:

  • The EOD is -2.659. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.032. Based on the earnings, the company is expensive. -2
  • The TTM is 151.613. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.659MRQ-3.032+0.373
MRQ-3.032TTM151.613-154.645
TTM151.613YOY2.492+149.121
TTM151.6135Y-5.915+157.528
5Y-5.91510Y12.357-18.272
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-2.6599.085-11.744
MRQ-3.0329.548-12.580
TTM151.61313.259+138.354
YOY2.49212.221-9.729
5Y-5.91514.106-20.021
10Y12.35722.461-10.104
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Indorama Ventures PCL:

  • The EOD is 6.749. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 7.695. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 25.411. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD6.749MRQ7.695-0.946
MRQ7.695TTM25.411-17.716
TTM25.411YOY7.142+18.270
TTM25.4115Y26.488-1.076
5Y26.48810Y22.774+3.714
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD6.7491.984+4.765
MRQ7.6952.261+5.434
TTM25.4111.188+24.223
YOY7.1420.443+6.699
5Y26.4881.741+24.747
10Y22.7742.252+20.522
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Indorama Ventures PCL is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Chemicals industry mean).
  • A PB ratio of 0.94 means the investor is paying ฿0.94 for each ฿1 in book value.

Let's take a look of the Price to Book Ratio trends of Indorama Ventures PCL:

  • The EOD is 0.822. Based on the equity, the company is cheap. +2
  • The MRQ is 0.938. Based on the equity, the company is cheap. +2
  • The TTM is 0.892. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.822MRQ0.938-0.115
MRQ0.938TTM0.892+0.046
TTM0.892YOY1.177-0.285
TTM0.8925Y1.251-0.359
5Y1.25110Y1.634-0.384
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD0.8221.289-0.467
MRQ0.9381.431-0.493
TTM0.8921.495-0.603
YOY1.1771.902-0.725
5Y1.2511.750-0.499
10Y1.6342.069-0.435
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Indorama Ventures PCL compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---7.426-1.680-77%1.331-658%0.101-7474%0.452-1741%
Book Value Per Share--29.06134.320-15%37.077-22%30.128-4%23.654+23%
Current Ratio--0.9401.010-7%1.135-17%1.057-11%1.182-20%
Debt To Asset Ratio--0.7240.690+5%0.680+6%0.678+7%0.652+11%
Debt To Equity Ratio--2.8572.429+18%2.300+24%2.286+25%2.015+42%
Dividend Per Share--0.2500.296-16%0.371-33%0.288-13%0.241+4%
Eps---2.247-0.533-76%1.347-267%0.443-607%0.528-525%
Free Cash Flow Per Share--0.8851.006-12%2.201-60%1.175-25%0.873+1%
Free Cash Flow To Equity Per Share--0.089-0.073+182%2.268-96%1.169-92%1.000-91%
Gross Profit Margin--1.000-14.220+1522%0.585+71%-5.829+683%-3.551+455%
Intrinsic Value_10Y_max--56.234--------
Intrinsic Value_10Y_min--13.536--------
Intrinsic Value_1Y_max--5.016--------
Intrinsic Value_1Y_min--3.149--------
Intrinsic Value_3Y_max--15.542--------
Intrinsic Value_3Y_min--7.964--------
Intrinsic Value_5Y_max--26.638--------
Intrinsic Value_5Y_min--11.103--------
Market Cap134187745382.400-14%152996542000.000171243836000.000-11%243180283500.000-37%207668242100.000-26%202362458334.080-24%
Net Profit Margin---0.098-0.021-78%0.041-338%0.019-604%0.034-386%
Operating Margin---0.0210.018-216%0.084-124%0.049-142%0.052-140%
Operating Ratio--1.0210.986+3%0.925+10%0.958+6%0.953+7%
Pb Ratio0.822-14%0.9380.892+5%1.177-20%1.251-25%1.634-43%
Pe Ratio-2.659+12%-3.032151.613-102%2.492-222%-5.915+95%12.357-125%
Price Per Share23.900-14%27.25030.500-11%43.313-37%36.988-26%36.043-24%
Price To Free Cash Flow Ratio6.749-14%7.69525.411-70%7.142+8%26.488-71%22.774-66%
Price To Total Gains Ratio-3.331+12%-3.7981.956-294%6.530-158%-5.319+40%-8.935+135%
Quick Ratio--0.4120.453-9%0.537-23%0.493-16%0.591-30%
Return On Assets---0.021-0.005-78%0.011-289%0.005-546%0.009-343%
Return On Equity---0.084-0.019-78%0.039-318%0.016-643%0.025-438%
Total Gains Per Share---7.176-1.384-81%1.701-522%0.389-1947%0.694-1134%
Usd Book Value--4486986982.5005298967856.875-15%5724646805.625-22%4651728846.875-4%3652114527.875+23%
Usd Book Value Change Per Share---0.204-0.046-77%0.037-658%0.003-7474%0.012-1741%
Usd Book Value Per Share--0.7990.944-15%1.020-22%0.829-4%0.650+23%
Usd Dividend Per Share--0.0070.008-16%0.010-33%0.008-13%0.007+4%
Usd Eps---0.062-0.015-76%0.037-267%0.012-607%0.015-525%
Usd Free Cash Flow--136685642.500155270644.375-12%339763531.250-60%181404631.375-25%134755933.813+1%
Usd Free Cash Flow Per Share--0.0240.028-12%0.061-60%0.032-25%0.024+1%
Usd Free Cash Flow To Equity Per Share--0.002-0.002+182%0.062-96%0.032-92%0.028-91%
Usd Market Cap3690162998.016-14%4207404905.0004709205490.000-11%6687457796.250-37%5710876657.750-26%5564967604.187-24%
Usd Price Per Share0.657-14%0.7490.839-11%1.191-37%1.017-26%0.991-24%
Usd Profit---346966785.000-75535508.125-78%206616946.250-268%72903604.125-576%85523000.063-506%
Usd Revenue--3550491917.5003722524080.000-5%4511831830.000-21%3231302482.375+10%2555276657.313+39%
Usd Total Gains Per Share---0.197-0.038-81%0.047-522%0.011-1947%0.019-1134%
 EOD+4 -4MRQTTM+6 -30YOY+4 -325Y+6 -3010Y+15 -21

3.2. Fundamental Score

Let's check the fundamental score of Indorama Ventures PCL based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.659
Price to Book Ratio (EOD)Between0-10.822
Net Profit Margin (MRQ)Greater than0-0.098
Operating Margin (MRQ)Greater than0-0.021
Quick Ratio (MRQ)Greater than10.412
Current Ratio (MRQ)Greater than10.940
Debt to Asset Ratio (MRQ)Less than10.724
Debt to Equity Ratio (MRQ)Less than12.857
Return on Equity (MRQ)Greater than0.15-0.084
Return on Assets (MRQ)Greater than0.05-0.021
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Indorama Ventures PCL based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.773
Ma 20Greater thanMa 5024.165
Ma 50Greater thanMa 10024.069
Ma 100Greater thanMa 20025.015
OpenGreater thanClose24.500
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in THB. All numbers in thousands.

Summary
Total Assets590,131,967
Total Liabilities426,968,804
Total Stockholder Equity149,457,536
 As reported
Total Liabilities 426,968,804
Total Stockholder Equity+ 149,457,536
Total Assets = 590,131,967

Assets

Total Assets590,131,967
Total Current Assets189,354,170
Long-term Assets400,777,797
Total Current Assets
Cash And Cash Equivalents 18,682,608
Short-term Investments 1,074,280
Net Receivables 62,164,556
Inventory 96,656,579
Other Current Assets 10,776,147
Total Current Assets  (as reported)189,354,170
Total Current Assets  (calculated)189,354,170
+/-0
Long-term Assets
Property Plant Equipment 329,735,826
Goodwill 17,583,767
Long Term Investments 6,050,426
Intangible Assets 34,672,303
Other Assets 0
Long-term Assets  (as reported)400,777,797
Long-term Assets  (calculated)388,042,322
+/- 12,735,475

Liabilities & Shareholders' Equity

Total Current Liabilities201,347,233
Long-term Liabilities225,621,571
Total Stockholder Equity149,457,536
Total Current Liabilities
Short-term Debt 69,403,447
Short Long Term Debt 66,955,036
Accounts payable 101,934,941
Other Current Liabilities 28,366,200
Total Current Liabilities  (as reported)201,347,233
Total Current Liabilities  (calculated)266,659,624
+/- 65,312,391
Long-term Liabilities
Long term Debt 173,823,909
Capital Lease Obligations 13,553,065
Long-term Liabilities Other 3,515,939
Long-term Liabilities  (as reported)225,621,571
Long-term Liabilities  (calculated)190,892,913
+/- 34,728,658
Total Stockholder Equity
Common Stock5,614,552
Retained Earnings 78,362,901
Accumulated Other Comprehensive Income 5,148,649
Other Stockholders Equity 60,331,434
Total Stockholder Equity (as reported)149,457,536
Total Stockholder Equity (calculated)149,457,536
+/-0
Other
Capital Stock5,614,552
Cash and Short Term Investments 19,756,888
Common Stock Shares Outstanding 5,614,552
Current Deferred Revenue1,642,645
Liabilities and Stockholders Equity 590,131,967
Net Debt 250,554,160
Net Invested Capital 405,141,239
Net Working Capital -11,993,063
Property Plant and Equipment Gross 514,483,773
Short Long Term Debt Total 269,236,768



Balance Sheet

Currency in THB. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-31
> Total Assets 
69,768,075
0
0
71,152,510
74,260,112
72,927,623
73,690,868
73,713,626
78,004,708
147,212,665
145,817,823
139,017,561
145,826,106
152,506,397
174,850,054
170,857,674
170,475,294
171,658,908
179,645,116
180,476,961
189,041,848
187,885,697
193,267,370
191,412,852
195,488,084
193,731,644
218,685,361
229,427,416
221,640,615
245,808,230
258,293,750
250,724,127
258,380,479
258,923,377
270,777,174
269,531,549
282,358,368
286,868,354
333,801,374
356,712,959
379,194,831
395,465,341
395,302,270
384,752,742
380,567,907
491,316,282
458,863,677
461,708,694
453,171,506
479,582,469
506,634,248
537,178,982
541,828,240
585,596,789
683,071,416
714,864,224
623,878,391
617,469,350
637,692,893
639,103,017
590,131,967
590,131,967639,103,017637,692,893617,469,350623,878,391714,864,224683,071,416585,596,789541,828,240537,178,982506,634,248479,582,469453,171,506461,708,694458,863,677491,316,282380,567,907384,752,742395,302,270395,465,341379,194,831356,712,959333,801,374286,868,354282,358,368269,531,549270,777,174258,923,377258,380,479250,724,127258,293,750245,808,230221,640,615229,427,416218,685,361193,731,644195,488,084191,412,852193,267,370187,885,697189,041,848180,476,961179,645,116171,658,908170,475,294170,857,674174,850,054152,506,397145,826,106139,017,561145,817,823147,212,66578,004,70873,713,62673,690,86872,927,62374,260,11271,152,5100069,768,075
   > Total Current Assets 
0
0
0
0
23,565,997
23,986,049
24,374,478
23,992,774
26,144,244
73,618,730
70,464,596
63,900,605
67,770,407
67,608,300
65,617,379
61,380,372
59,960,678
63,214,334
65,380,552
64,935,503
68,422,649
68,366,039
70,043,775
69,741,499
72,180,191
71,397,091
78,377,187
78,376,938
70,548,201
78,849,995
85,856,710
79,794,126
84,495,249
87,740,803
89,032,480
86,144,589
92,953,013
101,644,131
123,980,882
127,413,056
124,284,233
130,584,154
130,835,856
122,692,992
118,756,964
140,939,071
124,613,359
119,530,641
119,834,668
140,034,348
153,481,129
167,508,682
176,859,110
218,435,588
264,107,377
271,708,483
215,707,837
211,863,998
214,168,756
205,837,373
189,354,170
189,354,170205,837,373214,168,756211,863,998215,707,837271,708,483264,107,377218,435,588176,859,110167,508,682153,481,129140,034,348119,834,668119,530,641124,613,359140,939,071118,756,964122,692,992130,835,856130,584,154124,284,233127,413,056123,980,882101,644,13192,953,01386,144,58989,032,48087,740,80384,495,24979,794,12685,856,71078,849,99570,548,20178,376,93878,377,18771,397,09172,180,19169,741,49970,043,77568,366,03968,422,64964,935,50365,380,55263,214,33459,960,67861,380,37265,617,37967,608,30067,770,40763,900,60570,464,59673,618,73026,144,24423,992,77424,374,47823,986,04923,565,9970000
       Cash And Cash Equivalents 
0
0
0
0
1,396,824
1,711,390
1,633,494
2,224,887
1,482,637
4,955,265
5,211,629
4,050,333
12,018,021
9,166,436
5,679,529
6,375,045
4,375,310
5,497,600
4,193,733
3,535,704
4,114,350
4,112,937
3,541,391
3,561,079
5,419,582
14,172,641
5,548,740
4,897,602
3,232,476
7,185,796
3,780,847
3,415,293
4,025,648
4,832,681
5,070,244
4,448,264
6,877,049
13,156,971
22,774,383
11,116,335
5,578,445
7,026,519
8,496,317
10,892,653
10,446,711
20,907,531
22,572,277
18,956,135
18,948,524
20,322,449
14,852,357
17,694,475
16,215,255
36,165,604
26,486,481
29,758,919
21,211,149
22,103,426
20,724,969
18,557,109
18,682,608
18,682,60818,557,10920,724,96922,103,42621,211,14929,758,91926,486,48136,165,60416,215,25517,694,47514,852,35720,322,44918,948,52418,956,13522,572,27720,907,53110,446,71110,892,6538,496,3177,026,5195,578,44511,116,33522,774,38313,156,9716,877,0494,448,2645,070,2444,832,6814,025,6483,415,2933,780,8477,185,7963,232,4764,897,6025,548,74014,172,6415,419,5823,561,0793,541,3914,112,9374,114,3503,535,7044,193,7335,497,6004,375,3106,375,0455,679,5299,166,43612,018,0214,050,3335,211,6294,955,2651,482,6372,224,8871,633,4941,711,3901,396,8240000
       Short-term Investments 
0
0
0
0
1,162,929
551,069
566,367
551,995
541,726
18,828,668
15,383,059
8,199,946
5,688,491
5,322,347
2,735,371
168,060
227,580
218,098
172,490
174,246
262,640
380,085
245,770
3,816
5,101,828
2,027
2,720
2,746
451,805
100,065
98,051
168,186
114,695
161,938
186,171
152,732
138,039
185,866
222,994
211,814
6,840
66,302
9,131
7,942
7,728
519,340
1,112,441
696,721
1,521,097
1,870,828
1,048,336
1,049,914
1,154,346
390,253
2,338,547
3,233,815
1,845,835
1,732,303
1,903,575
2,203,452
1,074,280
1,074,2802,203,4521,903,5751,732,3031,845,8353,233,8152,338,547390,2531,154,3461,049,9141,048,3361,870,8281,521,097696,7211,112,441519,3407,7287,9429,13166,3026,840211,814222,994185,866138,039152,732186,171161,938114,695168,18698,051100,065451,8052,7462,7202,0275,101,8283,816245,770380,085262,640174,246172,490218,098227,580168,0602,735,3715,322,3475,688,4918,199,94615,383,05918,828,668541,726551,995566,367551,0691,162,9290000
       Net Receivables 
9,477,539
0
0
9,976,622
9,962,811
11,334,109
11,875,376
10,583,210
11,770,725
28,514,455
27,252,172
26,618,312
24,508,784
26,520,684
29,667,045
26,877,643
28,657,073
27,464,781
34,582,941
33,256,265
32,565,103
33,762,730
34,889,635
33,664,190
30,525,460
29,854,616
38,379,145
38,805,086
32,798,198
34,228,850
39,928,584
36,399,223
36,871,673
39,682,331
38,971,952
35,965,486
37,033,580
40,358,496
46,111,541
50,788,442
43,529,300
49,100,719
47,739,088
41,122,499
40,563,465
50,647,301
38,909,283
34,719,780
39,428,700
49,543,442
55,800,839
58,919,849
62,966,046
73,375,203
96,120,703
92,676,565
67,534,831
69,845,505
71,305,384
70,821,835
62,164,556
62,164,55670,821,83571,305,38469,845,50567,534,83192,676,56596,120,70373,375,20362,966,04658,919,84955,800,83949,543,44239,428,70034,719,78038,909,28350,647,30140,563,46541,122,49947,739,08849,100,71943,529,30050,788,44246,111,54140,358,49637,033,58035,965,48638,971,95239,682,33136,871,67336,399,22339,928,58434,228,85032,798,19838,805,08638,379,14529,854,61630,525,46033,664,19034,889,63533,762,73032,565,10333,256,26534,582,94127,464,78128,657,07326,877,64329,667,04526,520,68424,508,78426,618,31227,252,17228,514,45511,770,72510,583,21011,875,37611,334,1099,962,8119,976,622009,477,539
       Other Current Assets 
502,461
0
0
554,545
1,369,479
1,307,473
1,346,037
1,193,953
964,894
3,400,086
4,131,235
4,690,711
4,132,841
4,645,205
6,098,364
5,662,088
682,136
38,320,552
507,057
678,439
1,133,938
1,403,643
1,441,733
1,102,732
556,768
627,640
276,589
556,754
450,702
541,852
638,924
466,841
594,003
351,370
844,787
881,663
653,852
894,412
676,679
3,158,698
252,580
468,935
664,816
710,481
443,329
388,596
473,994
10,281,623
432,061
412,794
699,045
734,648
554,830
577,655
639,610
910,974
967,494
1,435,373
1,146,262
1,491,537
10,776,147
10,776,1471,491,5371,146,2621,435,373967,494910,974639,610577,655554,830734,648699,045412,794432,06110,281,623473,994388,596443,329710,481664,816468,935252,5803,158,698676,679894,412653,852881,663844,787351,370594,003466,841638,924541,852450,702556,754276,589627,640556,7681,102,7321,441,7331,403,6431,133,938678,439507,05738,320,552682,1365,662,0886,098,3644,645,2054,132,8414,690,7114,131,2353,400,086964,8941,193,9531,346,0371,307,4731,369,479554,54500502,461
   > Long-term Assets 
0
0
0
0
50,694,115
48,941,574
49,316,390
49,720,852
51,860,464
73,593,935
75,353,227
75,116,956
78,055,699
84,898,097
109,232,675
109,477,302
110,514,616
108,444,574
114,264,564
115,541,458
120,619,199
119,519,658
123,223,595
121,671,353
123,307,893
122,334,553
140,308,174
151,050,478
151,092,414
166,958,235
172,437,040
170,930,001
173,885,230
171,182,574
181,744,694
183,386,960
189,405,355
185,224,223
209,820,492
229,299,903
254,910,598
264,881,187
264,466,414
262,059,750
261,810,943
350,377,211
334,250,318
342,178,053
333,336,838
339,548,121
353,153,119
369,670,300
364,969,130
367,161,201
418,964,039
443,155,741
408,170,554
405,605,352
423,524,137
433,265,644
400,777,797
400,777,797433,265,644423,524,137405,605,352408,170,554443,155,741418,964,039367,161,201364,969,130369,670,300353,153,119339,548,121333,336,838342,178,053334,250,318350,377,211261,810,943262,059,750264,466,414264,881,187254,910,598229,299,903209,820,492185,224,223189,405,355183,386,960181,744,694171,182,574173,885,230170,930,001172,437,040166,958,235151,092,414151,050,478140,308,174122,334,553123,307,893121,671,353123,223,595119,519,658120,619,199115,541,458114,264,564108,444,574110,514,616109,477,302109,232,67584,898,09778,055,69975,116,95675,353,22773,593,93551,860,46449,720,85249,316,39048,941,57450,694,1150000
       Property Plant Equipment 
49,641,830
0
0
49,583,454
49,505,319
47,823,938
48,236,078
47,735,930
48,748,087
66,255,493
67,053,275
66,481,175
66,825,359
72,446,533
84,862,476
86,666,501
87,521,044
84,019,618
89,277,838
90,367,199
96,793,782
96,109,886
99,489,935
98,241,745
98,900,604
97,672,983
110,496,127
120,035,232
120,365,582
133,853,736
137,507,693
134,189,778
136,860,347
134,730,289
142,627,204
145,108,837
151,201,956
148,376,563
165,439,074
175,227,347
205,182,418
214,434,931
215,188,253
211,971,378
212,644,267
287,834,714
277,759,678
285,873,937
277,047,589
282,545,621
293,742,962
307,421,798
304,139,567
302,399,100
345,186,609
362,460,629
334,707,693
331,548,966
347,880,010
356,417,346
329,735,826
329,735,826356,417,346347,880,010331,548,966334,707,693362,460,629345,186,609302,399,100304,139,567307,421,798293,742,962282,545,621277,047,589285,873,937277,759,678287,834,714212,644,267211,971,378215,188,253214,434,931205,182,418175,227,347165,439,074148,376,563151,201,956145,108,837142,627,204134,730,289136,860,347134,189,778137,507,693133,853,736120,365,582120,035,232110,496,12797,672,98398,900,60498,241,74599,489,93596,109,88696,793,78290,367,19989,277,83884,019,61887,521,04486,666,50184,862,47672,446,53366,825,35966,481,17567,053,27566,255,49348,748,08747,735,93048,236,07847,823,93849,505,31949,583,4540049,641,830
       Goodwill 
0
0
0
0
0
0
0
0
0
225,153
225,153
225,153
395,427
395,427
7,017,666
7,024,264
6,796,798
7,284,062
7,736,065
7,802,017
8,018,747
7,928,333
7,931,414
7,911,054
8,054,789
7,954,751
9,240,706
9,924,829
9,788,557
9,563,007
9,521,836
9,388,631
9,654,840
9,292,649
10,149,680
9,995,746
9,837,748
9,462,943
9,940,722
14,169,613
15,210,011
15,773,400
15,328,650
15,171,040
15,249,931
16,464,604
15,701,935
16,104,103
15,385,817
16,036,950
16,866,100
17,836,770
17,410,642
17,241,337
18,656,233
19,815,225
17,888,189
17,550,645
18,267,057
18,696,492
17,583,767
17,583,76718,696,49218,267,05717,550,64517,888,18919,815,22518,656,23317,241,33717,410,64217,836,77016,866,10016,036,95015,385,81716,104,10315,701,93516,464,60415,249,93115,171,04015,328,65015,773,40015,210,01114,169,6139,940,7229,462,9439,837,7489,995,74610,149,6809,292,6499,654,8409,388,6319,521,8369,563,0079,788,5579,924,8299,240,7067,954,7518,054,7897,911,0547,931,4147,928,3338,018,7477,802,0177,736,0657,284,0626,796,7987,024,2647,017,666395,427395,427225,153225,153225,153000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,619,794
6,516,255
6,464,811
6,423,599
6,262,078
6,315,658
6,613,087
8,515,567
5,309,162
2,393,628
2,333,642
2,381,378
2,519,536
4,912,926
5,366,010
3,864,073
5,256,429
4,441,421
3,969,967
4,106,435
4,586,351
7,029,763
7,537,918
10,099,951
10,750,536
9,434,297
7,207,594
7,215,176
6,050,426
6,050,4267,215,1767,207,5949,434,29710,750,53610,099,9517,537,9187,029,7634,586,3514,106,4353,969,9674,441,4215,256,4293,864,0735,366,0104,912,9262,519,5362,381,3782,333,6422,393,6285,309,1628,515,5676,613,0876,315,6586,262,0786,423,5996,464,8116,516,2555,619,79400000000000000000000000000000000
       Intangible Assets 
967,825
0
0
911,893
878,874
816,671
789,511
788,381
760,194
4,604,786
4,660,264
4,360,989
4,305,532
5,429,324
10,461,114
10,085,691
10,383,245
9,786,714
10,247,452
10,210,859
11,245,657
10,949,874
11,593,068
11,207,506
11,126,898
10,568,773
13,331,042
13,998,465
13,581,188
15,744,597
18,387,259
17,840,756
17,602,243
16,660,102
18,451,662
17,964,439
18,027,204
17,140,588
22,386,805
25,076,580
25,139,303
26,978,072
25,934,577
24,521,964
24,165,052
35,804,198
30,873,912
31,771,981
31,230,646
31,722,925
32,767,237
34,228,858
33,869,300
33,850,162
35,263,834
37,186,940
34,684,517
34,324,507
35,541,153
35,735,381
34,672,303
34,672,30335,735,38135,541,15334,324,50734,684,51737,186,94035,263,83433,850,16233,869,30034,228,85832,767,23731,722,92531,230,64631,771,98130,873,91235,804,19824,165,05224,521,96425,934,57726,978,07225,139,30325,076,58022,386,80517,140,58818,027,20417,964,43918,451,66216,660,10217,602,24317,840,75618,387,25915,744,59713,581,18813,998,46513,331,04210,568,77311,126,89811,207,50611,593,06810,949,87411,245,65710,210,85910,247,4529,786,71410,383,24510,085,69110,461,1145,429,3244,305,5324,360,9894,660,2644,604,786760,194788,381789,511816,671878,874911,89300967,825
       Long-term Assets Other 
0
0
0
0
277,216
300,965
258,834
273,258
319,323
229,779
3,412,361
131,766
1,101,862
971,063
1,296,558
255,864
326,082
1,488,514
965,064
1,101,418
389,401
675,289
961,664
1,226,841
2,073,764
3,161,888
2,742,091
2,481,590
2,588,320
3,177,948
1,704,926
1,886,101
1,914,540
1,925,257
1,745,233
1,236,183
1,455,889
1,484,191
2,720,898
3,627,748
1,355,785
2,718,655
2,647,314
4,972,812
4,910,246
2,749,076
2,150,522
2,159,732
1,804,681
2,318,742
3,168,650
3,347,042
2,306,251
7,715,615
7,270,250
7,647,113
5,599,116
7,380,494
8,638,380
8,612,916
39,857,646
39,857,6468,612,9168,638,3807,380,4945,599,1167,647,1137,270,2507,715,6152,306,2513,347,0423,168,6502,318,7421,804,6812,159,7322,150,5222,749,0764,910,2464,972,8122,647,3142,718,6551,355,7853,627,7482,720,8981,484,1911,455,8891,236,1831,745,2331,925,2571,914,5401,886,1011,704,9263,177,9482,588,3202,481,5902,742,0913,161,8882,073,7641,226,841961,664675,289389,4011,101,418965,0641,488,514326,082255,8641,296,558971,0631,101,862131,7663,412,361229,779319,323273,258258,834300,965277,2160000
> Total Liabilities 
52,061,133
0
0
49,626,086
51,794,297
45,821,690
46,489,776
43,512,036
45,600,111
85,942,410
84,390,871
78,187,257
87,049,248
92,030,948
115,685,056
111,182,906
110,590,335
171,658,908
122,410,296
121,716,171
127,474,084
126,490,120
130,149,336
130,241,166
119,933,327
120,892,767
138,570,786
144,512,975
138,687,653
159,514,993
169,061,325
161,475,562
166,565,547
165,483,209
175,980,682
158,895,806
163,371,676
158,955,473
191,019,937
206,680,734
227,339,476
242,657,723
247,295,885
240,240,299
242,400,617
347,508,659
323,427,949
323,168,438
317,563,721
333,240,428
349,113,847
369,289,315
370,824,812
395,029,807
471,327,271
485,384,834
422,993,009
419,066,749
433,354,785
434,247,928
426,968,804
426,968,804434,247,928433,354,785419,066,749422,993,009485,384,834471,327,271395,029,807370,824,812369,289,315349,113,847333,240,428317,563,721323,168,438323,427,949347,508,659242,400,617240,240,299247,295,885242,657,723227,339,476206,680,734191,019,937158,955,473163,371,676158,895,806175,980,682165,483,209166,565,547161,475,562169,061,325159,514,993138,687,653144,512,975138,570,786120,892,767119,933,327130,241,166130,149,336126,490,120127,474,084121,716,171122,410,296171,658,908110,590,335111,182,906115,685,05692,030,94887,049,24878,187,25784,390,87185,942,41045,600,11143,512,03646,489,77645,821,69051,794,29749,626,0860052,061,133
   > Total Current Liabilities 
23,779,333
0
0
23,415,003
25,785,356
23,053,208
24,341,067
22,877,327
24,079,454
44,005,917
41,945,644
42,534,844
43,201,338
49,218,351
48,474,844
47,501,116
47,286,121
51,426,718
54,508,732
52,878,653
52,980,497
50,396,374
50,647,531
55,432,646
48,065,723
50,650,588
63,104,002
64,581,694
57,383,151
71,762,733
75,878,776
64,051,115
65,861,511
69,137,235
66,558,765
57,757,834
65,621,553
67,146,140
86,330,869
101,942,520
113,700,078
116,934,562
121,592,815
110,358,323
112,990,571
139,759,029
124,143,245
121,930,447
117,161,373
136,163,037
150,319,556
161,120,237
161,120,733
190,191,752
227,203,014
233,471,051
202,200,361
193,454,735
215,621,201
203,805,968
201,347,233
201,347,233203,805,968215,621,201193,454,735202,200,361233,471,051227,203,014190,191,752161,120,733161,120,237150,319,556136,163,037117,161,373121,930,447124,143,245139,759,029112,990,571110,358,323121,592,815116,934,562113,700,078101,942,52086,330,86967,146,14065,621,55357,757,83466,558,76569,137,23565,861,51164,051,11575,878,77671,762,73357,383,15164,581,69463,104,00250,650,58848,065,72355,432,64650,647,53150,396,37452,980,49752,878,65354,508,73251,426,71847,286,12147,501,11648,474,84449,218,35143,201,33842,534,84441,945,64444,005,91724,079,45422,877,32724,341,06723,053,20825,785,35623,415,0030023,779,333
       Short-term Debt 
0
0
0
0
14,696,848
10,969,433
13,838,463
11,642,481
11,341,171
16,321,949
15,586,738
16,027,316
20,135,375
22,769,057
20,760,208
18,056,422
19,023,832
21,641,992
21,193,366
20,902,441
20,002,485
16,127,106
14,211,049
16,608,015
13,015,615
13,603,453
17,435,049
20,578,500
17,139,607
29,752,195
31,538,867
19,520,483
19,135,375
19,594,941
16,107,955
11,116,259
15,060,313
15,331,985
26,734,160
31,658,555
43,022,024
43,672,564
44,297,936
35,640,590
40,650,813
53,401,646
51,786,715
47,109,613
38,942,529
47,377,939
45,491,902
49,863,843
45,821,449
58,463,995
60,854,863
74,693,591
67,279,647
63,519,444
73,877,529
64,853,718
69,403,447
69,403,44764,853,71873,877,52963,519,44467,279,64774,693,59160,854,86358,463,99545,821,44949,863,84345,491,90247,377,93938,942,52947,109,61351,786,71553,401,64640,650,81335,640,59044,297,93643,672,56443,022,02431,658,55526,734,16015,331,98515,060,31311,116,25916,107,95519,594,94119,135,37519,520,48331,538,86729,752,19517,139,60720,578,50017,435,04913,603,45313,015,61516,608,01514,211,04916,127,10620,002,48520,902,44121,193,36621,641,99219,023,83218,056,42220,760,20822,769,05720,135,37516,027,31615,586,73816,321,94911,341,17111,642,48113,838,46310,969,43314,696,8480000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
102,105,549
98,501,267
106,689,101
5,476,201
8,896,670
8,056,708
11,012,242
13,452,136
11,639,869
43,541,730
44,193,870
35,534,118
40,520,790
51,741,003
50,123,352
45,373,115
37,228,945
45,636,504
43,759,886
47,991,262
43,990,163
56,610,280
58,852,752
72,594,391
65,024,732
61,485,802
71,568,845
62,383,222
66,955,036
66,955,03662,383,22271,568,84561,485,80265,024,73272,594,39158,852,75256,610,28043,990,16347,991,26243,759,88645,636,50437,228,94545,373,11550,123,35251,741,00340,520,79035,534,11844,193,87043,541,73011,639,86913,452,13611,012,2428,056,7088,896,6705,476,201106,689,10198,501,267102,105,54900000000000000000000000000000000
       Accounts payable 
6,863,101
0
0
8,109,222
9,003,958
9,740,779
8,360,709
9,326,488
10,858,319
23,201,526
21,132,437
21,205,215
17,978,085
21,075,640
21,590,058
23,689,422
22,315,600
23,811,245
26,162,488
24,987,194
25,663,247
27,094,548
28,779,073
31,198,372
27,764,210
28,754,909
36,559,821
34,024,956
31,148,966
31,455,990
34,082,589
34,420,962
37,316,103
39,933,014
39,561,460
34,401,029
39,301,411
40,733,921
45,388,035
53,896,199
54,564,814
56,776,521
62,532,144
58,577,532
57,172,868
62,220,178
52,638,626
53,816,115
57,782,561
67,683,698
82,230,811
86,469,370
90,264,934
104,784,680
131,360,763
123,698,560
106,720,741
99,290,445
107,219,837
103,363,140
101,934,941
101,934,941103,363,140107,219,83799,290,445106,720,741123,698,560131,360,763104,784,68090,264,93486,469,37082,230,81167,683,69857,782,56153,816,11552,638,62662,220,17857,172,86858,577,53262,532,14456,776,52154,564,81453,896,19945,388,03540,733,92139,301,41134,401,02939,561,46039,933,01437,316,10334,420,96234,082,58931,455,99031,148,96634,024,95636,559,82128,754,90927,764,21031,198,37228,779,07327,094,54825,663,24724,987,19426,162,48823,811,24522,315,60023,689,42221,590,05821,075,64017,978,08521,205,21521,132,43723,201,52610,858,3199,326,4888,360,7099,740,7799,003,9588,109,222006,863,101
       Other Current Liabilities 
2,372,692
0
0
1,715,571
1,770,907
1,970,211
1,763,048
1,486,786
1,612,350
4,023,981
4,731,632
4,959,628
4,213,869
4,459,879
5,769,081
4,966,664
5,443,377
51,426,718
6,852,387
6,570,349
6,613,915
6,570,778
7,110,009
7,316,509
6,994,367
6,888,623
8,148,785
8,834,163
8,206,414
9,401,308
9,421,636
9,378,374
9,008,062
9,408,976
10,661,150
12,035,893
11,048,709
10,856,968
13,971,805
16,119,903
15,662,909
16,138,861
14,314,518
15,543,018
14,603,405
23,392,926
18,652,817
19,956,492
19,044,747
19,905,131
21,523,846
23,735,313
23,818,055
25,676,467
33,151,073
33,272,473
26,484,911
29,202,923
33,427,504
34,312,444
28,366,200
28,366,20034,312,44433,427,50429,202,92326,484,91133,272,47333,151,07325,676,46723,818,05523,735,31321,523,84619,905,13119,044,74719,956,49218,652,81723,392,92614,603,40515,543,01814,314,51816,138,86115,662,90916,119,90313,971,80510,856,96811,048,70912,035,89310,661,1509,408,9769,008,0629,378,3749,421,6369,401,3088,206,4148,834,1638,148,7856,888,6236,994,3677,316,5097,110,0096,570,7786,613,9156,570,3496,852,38751,426,7185,443,3774,966,6645,769,0814,459,8794,213,8694,959,6284,731,6324,023,9811,612,3501,486,7861,763,0481,970,2111,770,9071,715,571002,372,692
   > Long-term Liabilities 
0
0
0
0
26,008,941
22,768,482
22,148,709
20,634,709
21,520,657
41,936,493
42,445,227
35,652,413
43,847,910
42,812,597
67,210,212
63,681,790
63,304,214
66,224,864
67,901,564
68,837,518
74,493,587
76,093,746
79,501,805
74,808,520
71,867,604
70,242,179
75,466,784
79,931,281
81,304,502
87,752,260
93,182,549
97,424,447
100,704,036
96,345,974
109,421,917
101,137,972
97,750,123
91,809,333
104,689,068
104,738,214
113,639,398
125,723,161
125,703,070
129,881,976
129,410,046
207,749,630
199,284,704
201,237,991
200,402,348
197,077,391
198,794,291
208,169,078
209,704,079
204,838,055
244,124,257
251,913,783
220,792,648
225,612,014
217,733,584
230,441,960
225,621,571
225,621,571230,441,960217,733,584225,612,014220,792,648251,913,783244,124,257204,838,055209,704,079208,169,078198,794,291197,077,391200,402,348201,237,991199,284,704207,749,630129,410,046129,881,976125,703,070125,723,161113,639,398104,738,214104,689,06891,809,33397,750,123101,137,972109,421,91796,345,974100,704,03697,424,44793,182,54987,752,26081,304,50279,931,28175,466,78470,242,17971,867,60474,808,52079,501,80576,093,74674,493,58768,837,51867,901,56466,224,86463,304,21463,681,79067,210,21242,812,59743,847,91035,652,41342,445,22741,936,49321,520,65720,634,70922,148,70922,768,48226,008,9410000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,716,374
1,663,620
1,661,753
1,403,367
2,970,404
4,290,653
55,491,937
3,040,083
2,460,025
3,443,781
6,469,728
3,896,986
2,114,751
10,321,882
11,473,981
8,057,053
7,699,629
3,776,220
4,303,726
3,515,939
3,515,9394,303,7263,776,2207,699,6298,057,05311,473,98110,321,8822,114,7513,896,9866,469,7283,443,7812,460,0253,040,08355,491,9374,290,6532,970,4041,403,3671,661,7531,663,6201,716,37400000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
308,892
0
0
0
649,220
0
0
0
727,331
0
0
0
683,291
0
0
0
707,345
0
0
0
718,294
0
0
0
668,563
0
0
0
0
0000668,563000718,294000707,345000683,291000727,331000649,220000308,89200000000000000000000000000000000
> Total Stockholder Equity
12,794,534
17,706,942
0
16,085,387
17,179,032
23,965,935
23,973,476
26,889,562
32,068,812
60,876,236
61,045,380
60,457,691
58,637,746
60,344,379
58,929,409
59,355,622
59,552,744
53,676,185
56,839,043
58,253,676
60,505,520
60,254,460
60,883,438
59,111,380
73,481,036
71,062,722
78,043,369
81,700,134
79,825,243
83,143,436
86,172,441
86,208,907
89,055,375
90,805,769
92,787,619
108,629,441
117,061,651
126,126,117
139,640,228
144,177,870
144,837,788
144,411,637
138,045,252
135,127,097
129,711,924
134,094,717
126,685,950
129,126,140
126,654,995
136,194,747
146,696,827
155,689,614
158,768,672
177,419,272
195,744,248
211,663,018
185,989,667
183,982,831
189,087,792
189,622,705
149,457,536
149,457,536189,622,705189,087,792183,982,831185,989,667211,663,018195,744,248177,419,272158,768,672155,689,614146,696,827136,194,747126,654,995129,126,140126,685,950134,094,717129,711,924135,127,097138,045,252144,411,637144,837,788144,177,870139,640,228126,126,117117,061,651108,629,44192,787,61990,805,76989,055,37586,208,90786,172,44183,143,43679,825,24381,700,13478,043,36971,062,72273,481,03659,111,38060,883,43860,254,46060,505,52058,253,67656,839,04353,676,18559,552,74459,355,62258,929,40960,344,37958,637,74660,457,69161,045,38060,876,23632,068,81226,889,56223,973,47623,965,93517,179,03216,085,387017,706,94212,794,534
   Common Stock
3,351,544
0
0
3,351,544
3,351,544
4,334,271
4,334,271
4,334,271
4,334,271
4,814,257
4,814,257
4,814,257
4,814,257
4,814,257
4,814,257
4,814,257
4,814,257
4,814,257
4,814,257
4,814,257
4,814,257
4,814,257
4,814,257
4,814,257
4,814,257
4,814,257
4,814,272
4,814,272
4,814,272
4,814,272
4,814,272
4,814,272
4,814,272
4,814,308
4,814,328
5,244,965
5,245,411
5,411,651
5,548,098
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,552
5,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,614,5525,548,0985,411,6515,245,4115,244,9654,814,3284,814,3084,814,2724,814,2724,814,2724,814,2724,814,2724,814,2724,814,2724,814,2574,814,2574,814,2574,814,2574,814,2574,814,2574,814,2574,814,2574,814,2574,814,2574,814,2574,814,2574,814,2574,814,2574,814,2574,814,2574,814,2574,334,2714,334,2714,334,2714,334,2713,351,5443,351,544003,351,544
   Retained Earnings 
5,608,630
0
0
9,075,836
11,248,348
12,744,412
13,370,551
16,270,855
21,768,918
30,347,785
29,590,517
32,486,356
29,221,211
29,530,162
31,426,149
30,623,385
29,079,372
25,733,617
25,121,847
25,587,195
25,013,556
25,428,806
26,284,781
25,953,215
24,869,817
24,850,949
29,019,738
28,268,005
28,301,295
32,141,200
36,483,160
37,957,885
40,352,360
44,514,171
44,870,989
45,807,209
55,569,532
60,949,941
65,873,493
71,753,649
71,815,294
74,843,808
72,439,819
71,002,936
66,349,979
66,467,538
64,307,262
63,171,259
62,257,320
67,798,957
73,122,670
77,919,289
81,984,265
95,561,328
111,301,534
116,779,577
102,884,583
103,393,256
99,672,492
98,279,821
78,362,901
78,362,90198,279,82199,672,492103,393,256102,884,583116,779,577111,301,53495,561,32881,984,26577,919,28973,122,67067,798,95762,257,32063,171,25964,307,26266,467,53866,349,97971,002,93672,439,81974,843,80871,815,29471,753,64965,873,49360,949,94155,569,53245,807,20944,870,98944,514,17140,352,36037,957,88536,483,16032,141,20028,301,29528,268,00529,019,73824,850,94924,869,81725,953,21526,284,78125,428,80625,013,55625,587,19525,121,84725,733,61729,079,37230,623,38531,426,14929,530,16229,221,21132,486,35629,590,51730,347,78521,768,91816,270,85513,370,55112,744,41211,248,3489,075,836005,608,630
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
2,903,423
7,973,510
7,961,605
7,965,525
8,034,069
24,886,909
27,006,590
25,244,110
25,244,111
25,142,748
25,142,748
26,618,612
25,244,111
28,396,164
25,244,111
25,244,111
25,244,115
25,248,330
25,248,332
25,248,336
40,122,408
40,156,356
40,124,094
40,111,047
40,122,828
40,122,828
40,122,828
40,122,828
40,122,828
40,130,850
40,553,349
55,605,675
55,624,405
62,633,845
68,345,409
71,132,617
70,996,204
70,186,053
70,176,820
70,189,687
69,543,725
70,232,980
70,233,162
70,233,579
70,242,362
70,147,617
70,144,537
70,141,193
69,885,384
69,885,384
69,885,384
69,885,384
69,885,384
69,885,384
69,885,384
69,885,384
60,331,434
60,331,43469,885,38469,885,38469,885,38469,885,38469,885,38469,885,38469,885,38469,885,38470,141,19370,144,53770,147,61770,242,36270,233,57970,233,16270,232,98069,543,72570,189,68770,176,82070,186,05370,996,20471,132,61768,345,40962,633,84555,624,40555,605,67540,553,34940,130,85040,122,82840,122,82840,122,82840,122,82840,122,82840,111,04740,124,09440,156,35640,122,40825,248,33625,248,33225,248,33025,244,11525,244,11125,244,11128,396,16425,244,11126,618,61225,142,74825,142,74825,244,11125,244,11027,006,59024,886,9098,034,0697,965,5257,961,6057,973,5102,903,4230000



Balance Sheet

Currency in THB. All numbers in thousands.




Cash Flow

Currency in THB. All numbers in thousands.




Income Statement

Currency in THB. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue541,458,048
Cost of Revenue-476,039,290
Gross Profit65,418,75865,418,758
 
Operating Income (+$)
Gross Profit65,418,758
Operating Expense-58,737,236
Operating Income6,681,5226,681,522
 
Operating Expense (+$)
Research Development0
Selling General Administrative58,743,395
Selling And Marketing Expenses0
Operating Expense58,737,23658,743,395
 
Net Interest Income (+$)
Interest Income1,182,622
Interest Expense-15,367,212
Other Finance Cost-0
Net Interest Income-14,184,590
 
Pretax Income (+$)
Operating Income6,681,522
Net Interest Income-14,184,590
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-13,605,43826,968,482
EBIT - interestExpense = -8,685,690
-14,231,753
3,819,270
Interest Expense15,367,212
Earnings Before Interest and Taxes (EBIT)6,681,5221,761,774
Earnings Before Interest and Taxes (EBITDA)34,378,817
 
After tax Income (+$)
Income Before Tax-13,605,438
Tax Provision--2,683,811
Net Income From Continuing Ops-10,913,344-10,921,627
Net Income-11,547,942
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses534,776,526
Total Other Income/Expenses Net-20,286,96014,184,590
 

Technical Analysis of Indorama Ventures PCL
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Indorama Ventures PCL. The general trend of Indorama Ventures PCL is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Indorama Ventures PCL's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Indorama Ventures PCL.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 25.25 < 25.25 < 25.25.

The bearish price targets are: 22.00.

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Indorama Ventures PCL Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Indorama Ventures PCL. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Indorama Ventures PCL Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Indorama Ventures PCL. The current macd is 0.0296774.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Indorama Ventures PCL price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Indorama Ventures PCL. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Indorama Ventures PCL price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Indorama Ventures PCL Daily Moving Average Convergence/Divergence (MACD) ChartIndorama Ventures PCL Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Indorama Ventures PCL. The current adx is 10.89.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Indorama Ventures PCL shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Indorama Ventures PCL Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Indorama Ventures PCL. The current sar is 23.75.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Indorama Ventures PCL Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Indorama Ventures PCL. The current rsi is 45.77. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Indorama Ventures PCL Daily Relative Strength Index (RSI) ChartIndorama Ventures PCL Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Indorama Ventures PCL. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Indorama Ventures PCL price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Indorama Ventures PCL Daily Stochastic Oscillator ChartIndorama Ventures PCL Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Indorama Ventures PCL. The current cci is -14.1725719.

Indorama Ventures PCL Daily Commodity Channel Index (CCI) ChartIndorama Ventures PCL Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Indorama Ventures PCL. The current cmo is -15.84335187.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Indorama Ventures PCL Daily Chande Momentum Oscillator (CMO) ChartIndorama Ventures PCL Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Indorama Ventures PCL. The current willr is -88.88888889.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Indorama Ventures PCL Daily Williams %R ChartIndorama Ventures PCL Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Indorama Ventures PCL.

Indorama Ventures PCL Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Indorama Ventures PCL. The current atr is 0.61033879.

Indorama Ventures PCL Daily Average True Range (ATR) ChartIndorama Ventures PCL Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Indorama Ventures PCL. The current obv is -259,982,519.

Indorama Ventures PCL Daily On-Balance Volume (OBV) ChartIndorama Ventures PCL Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Indorama Ventures PCL. The current mfi is 55.91.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Indorama Ventures PCL Daily Money Flow Index (MFI) ChartIndorama Ventures PCL Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Indorama Ventures PCL.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-14BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-19MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Indorama Ventures PCL Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Indorama Ventures PCL based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.773
Ma 20Greater thanMa 5024.165
Ma 50Greater thanMa 10024.069
Ma 100Greater thanMa 20025.015
OpenGreater thanClose24.500
Total2/5 (40.0%)
Penke

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