Spuntech Financial Statements From 2010 to 2024
| SPNTC Stock | ILS 414.10 8.90 2.10% |
Check Spuntech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spuntech's main balance sheet or income statement drivers, such as , as well as many indicators such as . Spuntech financial statements analysis is a perfect complement when working with Spuntech Valuation or Volatility modules.
Spuntech |
Spuntech Company Return On Equity Analysis
Spuntech'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 Spuntech Return On Equity | -0.0401 |
Most of Spuntech'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, Spuntech 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.
| Competition |
Based on the latest financial disclosure, Spuntech has a Return On Equity of -0.0401. This is 101.11% lower than that of the Personal Products sector and 100.62% lower than that of the Consumer Staples industry. The return on equity for all Israel stocks is 87.06% lower than that of the firm.
Spuntech Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spuntech's current stock value. Our valuation model uses many indicators to compare Spuntech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spuntech competition to find correlations between indicators driving Spuntech's intrinsic value. More Info.Spuntech is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers . 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 Spuntech's earnings, one of the primary drivers of an investment's value.About Spuntech Financial Statements
Spuntech shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Spuntech investors may analyze each financial statement separately, they are all interrelated. The changes in Spuntech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spuntech's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Spuntech Industries Ltd. develops, manufactures, and supplies spunlace hydroentangled fabrics. Spuntech Industries Ltd. is a subsidiary of Nissan Medical Industries Ltd. SPUNTECH INDUSTRIE is traded on Tel Aviv Stock Exchange in Israel.
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.Additional Tools for Spuntech Stock Analysis
When running Spuntech's price analysis, check to measure Spuntech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spuntech is operating at the current time. Most of Spuntech's value examination focuses on studying past and present price action to predict the probability of Spuntech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spuntech's price. Additionally, you may evaluate how the addition of Spuntech to your portfolios can decrease your overall portfolio volatility.