Starcore Financial Statements From 2010 to 2024
Starcore International financial statements provide useful quarterly and yearly information to potential Starcore International Mines investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Starcore International financial statements helps investors assess Starcore International's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Starcore International's valuation are summarized below:Starcore International Mines does not presently have any fundamental trend indicators for analysis.
This module can also supplement various Starcore International Technical models . Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Check Starcore International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Starcore International's main balance sheet or income statement drivers, such as , as well as many indicators such as . Starcore financial statements analysis is a perfect complement when working with Starcore International Valuation or Volatility modules.
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Starcore International Mines Company Return On Equity Analysis
Starcore International's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Starcore International Return On Equity | 0.0967 |
Most of Starcore International's fundamental indicators, such as Return On Equity, 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, Starcore International Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Starcore International Mines has a Return On Equity of 0.0967. This is 89.37% lower than that of the Metals & Mining sector and 79.85% lower than that of the Materials industry. The return on equity for all Canada stocks is 131.19% lower than that of the firm.
Starcore International Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Starcore International's current stock value. Our valuation model uses many indicators to compare Starcore International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Starcore International competition to find correlations between indicators driving Starcore International's intrinsic value. More Info.Starcore International Mines is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.13 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Starcore International Mines is roughly 7.74 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Starcore International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Starcore International's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Other Information on Investing in Starcore Stock
Starcore International financial ratios help investors to determine whether Starcore Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Starcore with respect to the benefits of owning Starcore International security.