Shoprite Financial Statements From 2010 to 2024
| SRHGFDelisted Stock | USD 16.33 0.00 0.00% |
Check Shoprite Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shoprite Holdings' main balance sheet or income statement drivers, such as , as well as many indicators such as . Shoprite financial statements analysis is a perfect complement when working with Shoprite Holdings Valuation or Volatility modules.
Shoprite |
Shoprite Holdings Limited Company Return On Equity Analysis
Shoprite Holdings' 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 Shoprite Holdings Return On Equity | 0.24 |
Most of Shoprite Holdings' 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, Shoprite Holdings Limited 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, Shoprite Holdings Limited has a Return On Equity of 0.2447. This is 93.2% lower than that of the Consumer Cyclical sector and 97.64% lower than that of the Department Stores industry. The return on equity for all United States stocks is 178.94% lower than that of the firm.
Shoprite Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shoprite Holdings's current stock value. Our valuation model uses many indicators to compare Shoprite Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shoprite Holdings competition to find correlations between indicators driving Shoprite Holdings's intrinsic value. More Info.Shoprite Holdings Limited 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 0.28 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shoprite Holdings Limited is roughly 3.57 . 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 Shoprite Holdings' earnings, one of the primary drivers of an investment's value.About Shoprite Holdings Financial Statements
Shoprite Holdings stakeholders use historical fundamental indicators, such as Shoprite Holdings' revenue or net income, to determine how well the company is positioned to perform in the future. Although Shoprite Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in Shoprite Holdings' assets and liabilities are reflected in the revenues and expenses on Shoprite Holdings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Shoprite Holdings Limited. Please read more on our technical analysis and fundamental analysis pages.
Shoprite Holdings Ltd, an investment holding company, primarily engages in the food retailing and wholesaling business in South Africa and internationally. Shoprite Holdings Limited was founded in 1979 and is based in Brackenfell, South Africa. Shoprite Holdings is traded on OTC Exchange in the United States.
Currently Active Assets on Macroaxis
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 price. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in Shoprite Pink Sheet
If you are still planning to invest in Shoprite Holdings 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 Shoprite Holdings' history and understand the potential risks before investing.
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