Supreme Financial Statements From 2010 to 2024
| SUPREMEIND | 4,579 18.90 0.41% |
Check Supreme Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Supreme Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Supreme financial statements analysis is a perfect complement when working with Supreme Industries Valuation or Volatility modules.
Supreme |
Supreme Industries Limited Company Return On Equity Analysis
Supreme Industries' 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 Supreme Industries Return On Equity | 0.22 |
Most of Supreme Industries' 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, Supreme Industries Limited 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, Supreme Industries Limited has a Return On Equity of 0.2201. This is 49.98% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The return on equity for all India stocks is 171.0% lower than that of the firm.
Supreme Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Supreme Industries's current stock value. Our valuation model uses many indicators to compare Supreme Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Supreme Industries competition to find correlations between indicators driving Supreme Industries's intrinsic value. More Info.Supreme Industries Limited 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 0.57 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Supreme Industries Limited is roughly 1.75 . 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 Supreme Industries' earnings, one of the primary drivers of an investment's value.About Supreme Industries Financial Statements
Supreme Industries stakeholders use historical fundamental indicators, such as Supreme Industries' revenue or net income, to determine how well the company is positioned to perform in the future. Although Supreme Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Supreme Industries' assets and liabilities are reflected in the revenues and expenses on Supreme Industries' 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 Supreme Industries Limited. Please read more on our technical analysis and fundamental analysis pages.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Supreme Stock
Supreme Industries financial ratios help investors to determine whether Supreme 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 Supreme with respect to the benefits of owning Supreme Industries security.