SCX Financial Statements From 2010 to 2024
| SCXDelisted Stock | USD 12.50 0.94 8.13% |
Check LS Starrett financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LS Starrett's main balance sheet or income statement drivers, such as , as well as many indicators such as . SCX financial statements analysis is a perfect complement when working with LS Starrett Valuation or Volatility modules.
SCX |
LS Starrett Company Return On Equity Analysis
LS Starrett'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 LS Starrett Return On Equity | 0.1 |
Most of LS Starrett'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, LS Starrett 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, LS Starrett has a Return On Equity of 0.1019. This is 76.84% lower than that of the Machinery sector and 98.93% lower than that of the Industrials industry. The return on equity for all United States stocks is 132.87% lower than that of the firm.
LS Starrett Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining LS Starrett's current stock value. Our valuation model uses many indicators to compare LS Starrett value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across LS Starrett competition to find correlations between indicators driving LS Starrett's intrinsic value. More Info.LS Starrett is rated fourth in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.70 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for LS Starrett is roughly 1.43 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the LS Starrett's earnings, one of the primary drivers of an investment's value.About LS Starrett Financial Statements
LS Starrett investors use historical fundamental indicators, such as LS Starrett's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in LS Starrett. Please read more on our technical analysis and fundamental analysis pages.
Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products in the United States, Canada, Mexico, Brazil, China, the United Kingdom, Australia, and New Zealand. Starrett Company was founded in 1880 and is headquartered in Athol, Massachusetts. LS Starrett operates under Tools Accessories classification in the United States and is traded on New York Stock Exchange. It employs 1493 people.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 signals in main economic indicators. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Consideration for investing in SCX Stock
If you are still planning to invest in LS Starrett check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the LS Starrett's history and understand the potential risks before investing.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |