Thomas Chorman - Standex International Independent Director

SXI Stock  USD 201.80  2.53  1.27%   

Director

Mr. Thomas E. Chorman serves as Independent Director of the Company. He currently chairs the Corporationrationrate GovernanceNominating Committee. Mr. Chorman brings significant financial management experience to the Board. He is not only a financial executive, but also an entrepreneur and private investor who has successfully launched and led various enterprises. He currently serves as Chief Executive Officer of Solar LED Innovations, LLC, a designer, manufacturer and marketer of solar rechargeable lighting products, with headquarters in Pennsylvania. Mr. Chorman established the company in 2008. Prior thereto Mr. Chorman cofounded and served as Chief Executive Officer of Foam Partners, LLC . Additionally, from June, 2007 through 2008, Mr. Chorman served as a partner and President of Boomer Capital . Mr. Chorman is no longer affiliated with Foam Partners, and presently has a minority ownership interest in Boomer Capital. From June 2009 through April 2012, Mr. Chorman served on the Board of Directors of Symmetry Medical, a provider of implants, instruments and cases to orthopedic device manufacturers trading on the NYSE since 2004.
Age 66
Tenure 20 years
Address 23 Keewaydin Drive, Salem, NH, United States, 03079
Phone603 893 9701
Webhttps://www.standex.com
Chorman was chairman of the Finance and Systems Committee and also served on the Audit Committee of Symmetry.

Thomas Chorman Latest Insider Activity

Tracking and analyzing the buying and selling activities of Thomas Chorman against Standex International stock is an integral part of due diligence when investing in Standex International. Thomas Chorman insider activity provides valuable insight into whether Standex International is net buyers or sellers over its current business cycle. Note, Standex International insiders must abide by specific rules, including filing SEC forms every time they buy or sell Standex International'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Standex International Management Efficiency

The company has Return on Asset of 0.0683 % which means that on every $100 spent on assets, it made $0.0683 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1164 %, implying that it generated $0.1164 on every 100 dollars invested. Standex International's management efficiency ratios could be used to measure how well Standex International manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Standex International's Return On Capital Employed is decreasing as compared to previous years. The Standex International's current Return On Equity is estimated to increase to 0.15, while Return On Tangible Assets are projected to decrease to 0.06. As of now, Standex International's Fixed Asset Turnover is decreasing as compared to previous years.
Standex International has 187.89 M in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. Standex International has a current ratio of 2.46, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Standex to invest in growth at high rates of return.

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Standex International Corporation, together with subsidiaries, manufactures and sells various products and services for commercial and industrial markets in the United States and internationally. Standex International Corporation was founded in 1955 and is headquartered in Salem, New Hampshire. Standex International operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 3800 people. Standex International (SXI) is traded on New York Stock Exchange in USA. It is located in 23 Keewaydin Drive, Salem, NH, United States, 03079 and employs 3,700 people. Standex International is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Standex International Leadership Team

Elected by the shareholders, the Standex International's board of directors comprises two types of representatives: Standex International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Standex. The board's role is to monitor Standex International's management team and ensure that shareholders' interests are well served. Standex International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Standex International's outside directors are responsible for providing unbiased perspectives on the board's policies.
Max Arets, VP Officer
Christine Welby, Director Communications
Jeffrey Edwards, Independent Director
Michael Hickey, Independent Director
David Dunbar, CEO and President Director and Member of Executive Committee
Flavio Maschera, Chief Innovation and Technology Officer
B Edwards, Independent Director
Charles Cannon, Independent Director
Alan Glass, Vice President, Chief Legal Officer, Secretary
Ademir Sarcevic, Chief Financial Officer, Vice President, Treasurer
James Hooven, Vice President of Operations and Supply Chain
Paul Burns, Vice President - Strategy and Business Development
John Meeks, Pres Group
Christopher Howe, Director Relations
Daniel Hogan, Independent Director
Leonard Paolillo, Pres Group
Ramy Shatoot, President Electronics
Thomas Chorman, Independent Director
Annemarie Bell, Chief Human Resource Officer, Vice President
Amy Gagnon, Chief Officer
Thomas Hansen, Lead Independent Director
Sean Valashinas, Chief Accounting Officer, Vice President, Assistant Treasurer

Standex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Standex International a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Standex International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Standex International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Standex International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Standex International Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standex International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Standex Stock please use our How to Invest in Standex International guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Standex International. If investors know Standex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Standex International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
6.613
Dividend Share
1.2
Earnings Share
6.13
Revenue Per Share
59.989
Quarterly Revenue Growth
0.266
The market value of Standex International is measured differently than its book value, which is the value of Standex that is recorded on the company's balance sheet. Investors also form their own opinion of Standex International's value that differs from its market value or its book value, called intrinsic value, which is Standex International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Standex International's market value can be influenced by many factors that don't directly affect Standex International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Standex International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Standex International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Standex International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.