Sumitomo Financial Statements From 2010 to 2024
| SMTOF Stock | USD 16.57 0.00 0.00% |
Check Sumitomo Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sumitomo Electric's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sumitomo financial statements analysis is a perfect complement when working with Sumitomo Electric Valuation or Volatility modules.
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Sumitomo Electric Industries Company Return On Equity Analysis
Sumitomo Electric'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 Sumitomo Electric Return On Equity | 0.0562 |
Most of Sumitomo Electric'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, Sumitomo Electric Industries 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, Sumitomo Electric Industries has a Return On Equity of 0.0562. This is 98.44% lower than that of the Consumer Cyclical sector and 96.01% lower than that of the Auto Parts industry. The return on equity for all United States stocks is 118.13% lower than that of the firm.
Sumitomo Electric Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sumitomo Electric's current stock value. Our valuation model uses many indicators to compare Sumitomo Electric value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sumitomo Electric competition to find correlations between indicators driving Sumitomo Electric's intrinsic value. More Info.Sumitomo Electric Industries 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 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sumitomo Electric Industries is roughly 2.44 . 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 Sumitomo Electric's earnings, one of the primary drivers of an investment's value.About Sumitomo Electric Financial Statements
Sumitomo Electric stakeholders use historical fundamental indicators, such as Sumitomo Electric's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sumitomo Electric investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sumitomo Electric's assets and liabilities are reflected in the revenues and expenses on Sumitomo Electric'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 Sumitomo Electric Industries. Please read more on our technical analysis and fundamental analysis pages.
Sumitomo Electric Industries, Ltd. manufactures and sells electric wires and cables worldwide. The company was founded in 1897 and is headquartered in Osaka, Japan. Sumitomo Electric operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 281075 people.
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Other Information on Investing in Sumitomo Pink Sheet
Sumitomo Electric financial ratios help investors to determine whether Sumitomo Pink Sheet 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 Sumitomo with respect to the benefits of owning Sumitomo Electric security.