Speedway Motorsports Financials

We advise to exercise Speedway Motorsports fundamental analysis to find out if markets are presently mispricing the firm. In other words this technique allows you to confirm available indicators of Speedway Motorsports as well as the relationship between them. We have analyzed and interpolated thirty-seven available drivers for Speedway Motorsports, which can be compared to its competition.
  
Please note, the imprecision that can be found in Speedway Motorsports' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Speedway Motorsports. Check Speedway Motorsports' Beneish M Score to see the likelihood of Speedway Motorsports' management manipulating its earnings.

Speedway Motorsports Stock Summary

Speedway Motorsports competes with SCIENCE IN, Ameriprise Financial, CHIBA BANK, Fukuyama Transporting, and Transport International. Systemax Inc., through its subsidiaries, operates as a direct marketer of brand name and private label industrial and business equipment and supplies in North America. Systemax Inc. was founded in 1949 and is headquartered in Port Washington, New York. Systemax operates under Industrial Distribution classification in the United States and is traded on New York Stock Exchange. It employs 1480 people.
InstrumentGermany Stock View All
ExchangeFrankfurt Exchange
Business Address11 Harbor Park
SectorIndustrials
IndustryIndustrial Distribution
BenchmarkDow Jones Industrial
Websitewww.systemax.com
Phone516 608 7000
CurrencyUSD - US Dollar
You should never invest in Speedway Motorsports without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Speedway Stock, because this is throwing your money away. Analyzing the key information contained in Speedway Motorsports' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Speedway Motorsports Key Financial Ratios

Speedway Motorsports' financial ratios allow both analysts and investors to convert raw data from Speedway Motorsports' financial statements into concise, actionable information that can be used to evaluate the performance of Speedway Motorsports over time and compare it to other companies across industries.

Speedway Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Speedway Motorsports's current stock value. Our valuation model uses many indicators to compare Speedway Motorsports value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Speedway Motorsports competition to find correlations between indicators driving Speedway Motorsports's intrinsic value. More Info.
Speedway Motorsports 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  0.27  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Speedway Motorsports is roughly  3.67 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Speedway Motorsports by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Speedway Motorsports' Stock. 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.

Speedway Motorsports Thematic Clasifications

Speedway Motorsports is part of several thematic ideas from Sport Products to Recreation. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Consideration for investing in Speedway Stock

If you are still planning to invest in Speedway Motorsports check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Speedway Motorsports' history and understand the potential risks before investing.
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