Shyft Financials

Shyft Stock Summary

Shyft competes with Hyster-Yale Materials, Superior Plus, NMI Holdings, Origin Agritech, and SIVERS SEMICONDUCTORS. 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.

Shyft Key Financial Ratios

There are many critical financial ratios that Shyft's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shyft Group reports annually and quarterly.

Shyft Financial Ratios 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.

Shyft Group Systematic Risk

Along with financial statement analysis, the daily predictive indicators of Shyft help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The Shyft Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of The Shyft Group based on widely used predictive technical indicators. In general, we focus on analyzing Shyft Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shyft's daily price indicators and compare them against related drivers.

When running Shyft's price analysis, check to measure Shyft's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shyft is operating at the current time. Most of Shyft's value examination focuses on studying past and present price action to predict the probability of Shyft's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shyft's price. Additionally, you may evaluate how the addition of Shyft to your portfolios can decrease your overall portfolio volatility.