Solitron Financial Statements From 2010 to 2024
| SODI Stock | USD 16.02 0.72 4.30% |
Check Solitron Devices financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solitron Devices' main balance sheet or income statement drivers, such as , as well as many indicators such as . Solitron financial statements analysis is a perfect complement when working with Solitron Devices Valuation or Volatility modules.
Solitron |
Solitron Devices Company Return On Equity Analysis
Solitron Devices' 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 Solitron Devices Return On Equity | 0.0123 |
Most of Solitron Devices' 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, Solitron Devices 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.
| Competition |
Based on the latest financial disclosure, Solitron Devices has a Return On Equity of 0.0123. This is 100.1% lower than that of the Semiconductors & Semiconductor Equipment sector and 100.19% lower than that of the Information Technology industry. The return on equity for all United States stocks is 103.97% lower than that of the firm.
Solitron Devices Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Solitron Devices's current stock value. Our valuation model uses many indicators to compare Solitron Devices value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Solitron Devices competition to find correlations between indicators driving Solitron Devices's intrinsic value. More Info.Solitron Devices 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Solitron Devices by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Solitron Devices' 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 Solitron Devices Financial Statements
Investors use fundamental indicators, such as Solitron Devices' revenue or net income, to determine how well the company is positioned to perform in the future. Although Solitron Devices' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Solitron Devices, Inc. designs, develops, manufactures, and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets. The company was incorporated in 1959 and is headquartered in West Palm Beach, Florida. Solitron Devices operates under Semiconductor Equipment Materials classification in the United States and is traded on OTC Exchange. It employs 54 people.
Currently Active Assets on Macroaxis
Other Information on Investing in Solitron Pink Sheet
Solitron Devices financial ratios help investors to determine whether Solitron 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 Solitron with respect to the benefits of owning Solitron Devices security.