Shyft Financial Statements From 2010 to 2024
| SP8 Stock | EUR 13.30 0.10 0.75% |
Check Shyft financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shyft's main balance sheet or income statement drivers, such as , as well as many indicators such as . Shyft financial statements analysis is a perfect complement when working with Shyft Valuation or Volatility modules.
Shyft |
The Shyft Group Company Return On Equity Analysis
Shyft'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 Shyft Return On Equity | 0.14 |
Most of Shyft'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 Shyft Group 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, The Shyft Group has a Return On Equity of 0.1365. This is 68.98% lower than that of the Industrials sector and 92.24% lower than that of the Truck Manufacturing industry. The return on equity for all Germany stocks is 144.03% lower than that of the firm.
Shyft Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shyft's current stock value. Our valuation model uses many indicators to compare Shyft value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shyft competition to find correlations between indicators driving Shyft's intrinsic value. More Info.The Shyft Group 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 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for The Shyft Group is roughly 2.36 . 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 Shyft's earnings, one of the primary drivers of an investment's value.About Shyft Financial Statements
Shyft stakeholders use historical fundamental indicators, such as Shyft's revenue or net income, to determine how well the company is positioned to perform in the future. Although Shyft investors may analyze each financial statement separately, they are all interrelated. For example, changes in Shyft's assets and liabilities are reflected in the revenues and expenses on Shyft'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 Shyft Group. Please read more on our technical analysis and fundamental analysis pages.
Spartan Motors, Inc., through its subsidiaries, engineers, manufactures, assembles, and sells specialty and heavy-duty vehicles in the United States, Canada, South America, and Asia. Spartan Motors, Inc. was founded in 1975 and is headquartered in Charlotte, Michigan. SPARTAN MOTORS operates under Truck Manufacturing classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1956 people.
Currently Active Assets on Macroaxis
Other Information on Investing in Shyft Stock
Shyft financial ratios help investors to determine whether Shyft 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 Shyft with respect to the benefits of owning Shyft security.