SCXLB Financial Statements From 2010 to 2024
| SCXLBDelisted Stock | USD 11.00 0.00 0.00% |
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 . SCXLB financial statements analysis is a perfect complement when working with LS Starrett Valuation or Volatility modules.
SCXLB |
The 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 | 0.15 |
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, The 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, The LS Starrett has a Return On Equity of 0.1482. This is 66.32% lower than that of the Industrials sector and 98.45% lower than that of the Tools & Accessories industry. The return on equity for all United States stocks is 147.81% 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.The LS Starrett 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 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for The LS Starrett is roughly 1.89 . Comparative valuation analysis is a catch-all model that can be used if you cannot value LS Starrett by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for LS Starrett's Pink Sheet. 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.About LS Starrett Financial Statements
LS Starrett stakeholders 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. Although LS Starrett investors may analyze each financial statement separately, they are all interrelated. For example, changes in LS Starrett's assets and liabilities are reflected in the revenues and expenses on LS Starrett's 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 The 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. Starrett operates under Tools Accessories classification in the United States and is traded on OTC 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 bureau of economic analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in SCXLB Pink Sheet
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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