Sumitomo Financial Statements From 2010 to 2024
| SUMA Stock | EUR 19.67 0.89 4.33% |
Check Sumitomo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sumitomo'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 Valuation or Volatility modules.
Sumitomo |
Sumitomo Company Return On Equity Analysis
Sumitomo'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 Return On Equity | 0.18 |
Most of Sumitomo'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 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, Sumitomo has a Return On Equity of 0.18. This is 59.09% lower than that of the Industrials sector and 105.17% lower than that of the Conglomerates industry. The return on equity for all Germany stocks is 158.06% lower than that of the firm.
Sumitomo Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sumitomo's current stock value. Our valuation model uses many indicators to compare Sumitomo value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sumitomo competition to find correlations between indicators driving Sumitomo's intrinsic value. More Info.Sumitomo 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 0.15 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sumitomo is roughly 6.72 . 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's earnings, one of the primary drivers of an investment's value.About Sumitomo Financial Statements
Sumitomo stakeholders use historical fundamental indicators, such as Sumitomo's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sumitomo investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sumitomo's assets and liabilities are reflected in the revenues and expenses on Sumitomo'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. Please read more on our technical analysis and fundamental analysis pages.
Sumitomo Corporation, together with its subsidiaries, imports, exports, and trades in various goods and commodities worldwide. Sumitomo Corporation was founded in 1919 and is headquartered in Tokyo, Japan. Sumitomo is traded on Frankfurt Stock Exchange in Germany.
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Other Information on Investing in Sumitomo Stock
Sumitomo financial ratios help investors to determine whether Sumitomo 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 Sumitomo with respect to the benefits of owning Sumitomo security.