Sidma Financial Statements From 2010 to 2024
| SIDMA Stock | EUR 1.54 0.04 2.67% |
Check Sidma SA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sidma SA's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sidma financial statements analysis is a perfect complement when working with Sidma SA Valuation or Volatility modules.
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Sidma SA Steel Company Return On Equity Analysis
Sidma SA'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 Sidma SA Return On Equity | 0.64 |
Most of Sidma SA'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, Sidma SA Steel 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.
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Based on the latest financial disclosure, Sidma SA Steel has a Return On Equity of 0.6378. This is 29.91% lower than that of the Basic Materials sector and significantly higher than that of the Steel & Iron industry. The return on equity for all Greece stocks is notably lower than that of the firm.
Sidma SA Steel Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sidma SA's current stock value. Our valuation model uses many indicators to compare Sidma SA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sidma SA competition to find correlations between indicators driving Sidma SA's intrinsic value. More Info.Sidma SA Steel 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 0.09 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sidma SA Steel is roughly 11.47 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sidma SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sidma SA's Stock. 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 Sidma SA Financial Statements
Sidma SA stakeholders use historical fundamental indicators, such as Sidma SA's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sidma SA investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sidma SA's assets and liabilities are reflected in the revenues and expenses on Sidma SA'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 Sidma SA Steel. Please read more on our technical analysis and fundamental analysis pages.
Steel Products engages in processing and trading of steel products in Greece and internationally. Steel Products was founded in 1931 and is headquartered in Athens, Greece. SIDMA STEEL operates under Steel Iron classification in Greece and is traded on Athens Stock Exchange. It employs 230 people.
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Sidma SA financial ratios help investors to determine whether Sidma Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sidma with respect to the benefits of owning Sidma SA security.