SCX Competitors

Delisted . USA . 
Stock . LS Starrett
SCXDelisted Stock  USD 12.50  0.94  8.13%   
LS Starrett competes with Eastern, Timken, Lincoln Electric, Hillman Solutions, and Kennametal; as well as few others. The company runs under Machinery sector within Industrials industry. Analyzing LS Starrett competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of LS Starrett to its intrinsic valuation because they are able to contrast its competitors on a relative basis. 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 use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of LS Starrett competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LS Starrett's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
12.5012.5012.50
Details
Intrinsic
Valuation
LowRealHigh
10.0410.0413.75
Details
Naive
Forecast
LowNextHigh
12.6112.6112.61
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.2910.7212.15
Details

LS Starrett Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between LS Starrett and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of SCX and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of LS Starrett does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
KMT
+ 0.83
LECO
PFIN
+ 0.81
HLMN
TKR
+ 0.79
EML
HLMN
+ 0.67
LECO
KMT
+ 0.66
HLMN
PFIN
+ 0.61
LECO
  
High negative correlations   
KMT
- 0.57
TKR
KMT
- 0.55
EML
MKTAY
- 0.41
TKR
MKTAY
- 0.34
EML
LECO
- 0.31
EML
LECO
- 0.25
TKR

Risk-Adjusted Indicators

There is a big difference between SCX Stock performing well and LS Starrett Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze LS Starrett's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

LS Starrett Competitive Analysis

The better you understand LS Starrett competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, LS Starrett's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across LS Starrett's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
SCX EML TKR LECO HLMN KMT PFIN SKFRY MKTAY
 8.13 
 12.50 
SCX
 0.07 
 28.19 
Eastern
 1.73 
 75.22 
Timken
 2.62 
 208.51 
Lincoln
 2.69 
 11.07 
Hillman
 2.02 
 28.83 
Kennametal
 0.70 
 7.16 
PFIN
 1.85 
 18.72 
SKFRY
 1.08 
 27.20 
Makita
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Not too volatile
Very steady
Very steady
Not too volatile
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Insignificant
OK
Modest
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Dangerous
Very Small
Very Low
Very Small
Below Average
Low
Dangerous
Low
Dangerous
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Under Valued
Over Valued
Under Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Strong Sell
Buy
Buy
Strong Buy
Hold
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Not Rated
Strong Hold
Strong Hold
Strong Hold
Strong Hold
Buy
Not Rated
Strong Sell
Not Rated
Current Ratio
3.23
2.97
2.03
1.62
2.63
2.03
2.4
2.22
2.72
Net Asset
192.8 M
252.04 M
6.54 B
3.38 B
2.33 B
2.5 B
61 M
99.63 B
1.01 T
Profit Margin
0.0502
-0.0222
0.0741
0.12
0.0057
0.0498
-0.0126
0.0461
0.0358
EBITDA
35.3 M
21.97 M
657.1 M
789.48 M
182.57 M
320.36 M
1.1 M
13.57 B
114.1 B
Operating Margin
0.0225
0.0953
0.12
0.17
0.067
0.0743
-0.0543
N/A
0.0591
Current Valuation
126.26 M
222.54 M
7.12 B
12.32 B
2.9 B
2.7 B
48.69 M
8.01 B
6.73 B
Price To Book
0.92
1.42
1.77
8.56
1.79
1.7
1.0
1.57
1.11
Retained Earnings
112.15 M
144.81 M
2.23 B
3.69 B
(236.21 M)
1.17 B
34.25 M
N/A
361.9 B
Current Asset
122.75 M
75.27 M
1.21 B
936 M
N/A
637.38 M
38.65 M
41.25 B
400.52 B
Five Year Return
3.47
1.79
2.15
1.82
N/A
2.43
2.4
3.2
1.27
Beta
0.48
1.01
1.43
1.15
1.65
1.64
0.37
1.19
1.06
Number Of Employees
1.53 K
1.2 K
19 K
12 K
3.8 K
8.4 K
172
42.64 K
20.23 K
Shares Outstanding
7.01 M
6.18 M
70.12 M
56.43 M
196.59 M
77.73 M
3.19 M
455.35 M
271.53 M
Cash Flow From Operations
25.08 M
26.48 M
545.2 M
667.54 M
238.03 M
277.11 M
3.29 M
5.25 B
(103.66 B)
Annual Yield
N/A
0.0161
0.0184
0.0147
N/A
0.0286
0.0154
0.0356
0.0193
Total Debt
15.35 M
62.08 M
2.5 B
1.16 B
836.06 M
645.75 M
13.12 M
13.28 B
152.48 B
Return On Equity
0.1
0.1
0.13
0.38
0.0072
0.0816
-0.0178
0.0977
0.0375
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
4.12
N/A
N/A
Return On Asset
0.0713
0.0495
0.0559
0.12
0.0239
0.0428
-0.0048
0.0507
0.0283
Number Of Shares Shorted
29.5 K
77.22 K
1.44 M
1.01 M
3.44 M
6.51 M
12.87 K
N/A
22.27 K
Book Value Per Share
17.34
19.29
41.83
23.73
6.01
16.43
12.94
7.94
2786.29
Current Liabilities
22.68 M
15.16 M
505.3 M
370.12 M
N/A
262.1 M
17.63 M
16.95 B
61.7 B
Total Asset
192.8 M
252.04 M
6.54 B
3.38 B
2.33 B
2.5 B
61 M
99.63 B
1.01 T
Debt To Equity
0.36
0.75
0.86
0.97
0.87
0.55
0.32
0.46
0.19
Short Ratio
0.45
4.43
3.71
3.94
5.85
9.6
1.01
N/A
1.46
Last Dividend Paid
N/A
0.44
1.34
2.84
N/A
0.8
0.15
N/A
72.0
Target Price
N/A
N/A
87.0
217.0
13.28
27.94
N/A
21.32
10.0
Shares Owned By Institutions
47.25
75.11
86.5
80.04
99.0
98.8
11.99
0.088
0.03
Market Capitalization
113.38 M
174.43 M
5.18 B
11.47 B
2.12 B
2.2 B
41.52 M
8.92 B
7.45 B
Price To Earning
4.69
16.9
14.32
39.83
84.56
13.35
8.9
12.4
10.7
Price To Earnings To Growth
N/A
N/A
0.92
1.9
N/A
0.56
N/A
2.31
N/A
Price To Sales
0.44
0.61
1.13
2.83
1.44
1.08
0.7
0.89
0.0081
Net Income
23.09 M
8.59 M
394.1 M
545.25 M
(9.59 M)
109.32 M
(1.48 M)
7.33 B
65.34 B
Earnings Per Share
1.66
2.0
4.82
8.37
0.04
1.28
-0.23
1.12
0.78
Shares Owned By Insiders
8.3
7.82
10.56
1.67
1.0
1.2
51.04
N/A
N/A
Revenue
256.18 M
273.45 M
4.77 B
4.19 B
1.48 B
2.05 B
59.04 M
81.73 B
739.26 B
Working Capital
82.64 M
69.5 M
1.16 B
938.5 M
324.86 M
586.63 M
20.84 M
24.3 B
338.82 B
Cash And Equivalents
14.52 M
7.11 M
331.6 M
152.8 M
17.72 M
106.02 M
431 K
904.85 M
108.33 B
Cash Per Share
1.99
1.14
4.14
2.64
0.09
0.79
0.14
1.99
398.97
Gross Profit
82.49 M
58.62 M
1.28 B
1.28 B
639.78 M
653.48 M
18.94 M
24.47 B
228.32 B
Day Typical Price
12.24
28.38
74.93
206.82
10.99
28.73
7.11
18.67
27.14
Accumulation Distribution
0.1
329.96
9402.94
10648.26
30372.19
25145.63
0.0209
0.0202
0.0146
Market Facilitation Index
1.33
1.0E-4
0.0
0.0
N/A
0.0
0.15
0.38
0.4
Daily Balance Of Power
0.7068
(0.03)
0.8258
0.7338
0.8056
0.6552
0.3333
0.8947
0.725
Period Momentum Indicator
0.94
(0.02)
1.28
5.32
0.29
0.57
0.05
0.34
0.29
Rate Of Daily Change
1.08
1.0
1.02
1.03
1.03
1.02
1.01
1.02
1.01
Day Median Price
12.11
28.47
74.79
205.98
10.95
28.69
7.09
18.64
27.11
Price Action Indicator
0.87
(0.29)
1.07
5.19
0.27
0.43
0.1
0.25
0.23
Coefficient Of Variation
1120.58
(19,213)
(2,083)
1848.27
653.08
1190.07
403.23
6949.36
355.1
Mean Deviation
2.52
1.76
1.42
1.39
1.34
1.43
1.39
1.53
1.59
Jensen Alpha
0.2675
(0.08)
(0.26)
(0.06)
0.1404
(0.02)
0.4467
0.0357
0.6188
Total Risk Alpha
(0.09)
(0.29)
(0.40)
(0.12)
0.0588
(0.09)
0.2527
(0.21)
0.3512
Sortino Ratio
0.0697
N/A
N/A
0.0048
0.1198
0.0737
0.2047
(0.03)
0.2316
Downside Variance
9.47
N/A
N/A
2.64
2.0
2.97
3.6
4.38
4.84
Standard Deviation
3.47
2.32
2.43
1.91
1.73
2.65
1.95
2.04
2.15
Kurtosis
1.89
0.6975
13.77
3.1
0.1579
28.2
3.37
1.47
0.8461
Potential Upside
6.74
4.1
2.64
3.09
3.36
2.76
3.15
2.72
3.83
Treynor Ratio
0.7899
(0.03)
(0.08)
0.0535
0.1902
0.0787
1.49
(0.10)
(2.11)
Maximum Drawdown
16.39
12.25
16.5
9.04
7.63
23.53
11.88
11.4
11.43
Variance
12.06
5.39
5.91
3.64
2.99
7.0
3.81
4.16
4.61
Market Risk Adjusted Performance
0.7999
(0.02)
(0.07)
0.0635
0.2002
0.0887
1.5
(0.09)
(2.10)
Risk Adjusted Performance
0.0751
0.0028
(0.03)
0.0468
0.121
0.0705
0.193
0.0171
0.2186
Skewness
0.7449
(0.16)
(1.43)
0.6095
0.6401
4.19
0.7696
0.294
(0.12)
Semi Deviation
2.93
N/A
N/A
1.5
1.22
1.49
1.33
2.05
1.56
Information Ratio
0.0618
(0.05)
(0.09)
0.0041
0.098
0.048
0.1991
(0.03)
0.2372
Value At Risk
(5.00)
(3.42)
(2.47)
(2.12)
(2.18)
(2.06)
(2.91)
(3.28)
(2.47)
Expected Short fall
(2.75)
N/A
N/A
(1.62)
(1.60)
(1.56)
(1.71)
(1.47)
(1.75)
Downside Deviation
3.08
N/A
N/A
1.63
1.42
1.72
1.9
2.09
2.2
Semi Variance
8.56
N/A
N/A
2.26
1.49
2.23
1.77
4.21
2.45

LS Starrett Competition Performance Charts

Five steps to successful analysis of LS Starrett Competition

LS Starrett's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by LS Starrett in relation to its competition. LS Starrett's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of LS Starrett in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact LS Starrett's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to LS Starrett, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your LS Starrett position

In addition to having LS Starrett in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Oil And Gas Thematic Idea Now

Oil And Gas
Oil And Gas Theme
Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Oil And Gas Theme or any other thematic opportunities.
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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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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.
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