Solitron Devices Stock Fundamentals

SODI Stock  USD 16.02  0.88  5.21%   
Solitron Devices fundamentals help investors to digest information that contributes to Solitron Devices' financial success or failures. It also enables traders to predict the movement of Solitron Pink Sheet. The fundamental analysis module provides a way to measure Solitron Devices' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Solitron Devices pink sheet.
  
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Solitron Devices Company Return On Equity Analysis

Solitron Devices' 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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Solitron Devices Return On Equity

    
  0.0123  
Most of Solitron Devices' 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, Solitron Devices 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, Solitron Devices has a Return On Equity of 0.0123. This is 100.1% lower than that of the Semiconductors & Semiconductor Equipment sector and 100.19% lower than that of the Information Technology industry. The return on equity for all United States stocks is 103.97% lower than that of the firm.

Solitron Devices Fundamental Drivers Relationships

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

Solitron Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Solitron Devices' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Solitron Devices could also be used in its relative valuation, which is a method of valuing Solitron Devices by comparing valuation metrics of similar companies.
Solitron Devices is currently under evaluation in return on equity category among its peers.

Solitron Fundamentals

About Solitron Devices Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Solitron Devices's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solitron Devices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solitron Devices based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Solitron Devices, Inc. designs, develops, manufactures, and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets. The company was incorporated in 1959 and is headquartered in West Palm Beach, Florida. Solitron Devices operates under Semiconductor Equipment Materials classification in the United States and is traded on OTC Exchange. It employs 54 people.

Currently Active Assets on Macroaxis

Other Information on Investing in Solitron Pink Sheet

Solitron Devices financial ratios help investors to determine whether Solitron Pink Sheet 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 Solitron with respect to the benefits of owning Solitron Devices security.