Solitron Devices EBITDA vs. Return On Asset

SODI Stock  USD 16.00  0.74  4.42%   
Based on Solitron Devices' profitability indicators, Solitron Devices may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Solitron Devices' ability to earn profits and add value for shareholders.
For Solitron Devices profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Solitron Devices to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Solitron Devices utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Solitron Devices's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Solitron Devices over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Solitron Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Solitron Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solitron Devices' 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.

Solitron Devices Return On Asset vs. EBITDA Fundamental Analysis

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.
Solitron Devices is rated below average in ebitda category among its peers. It is rated below average 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 Asset vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Solitron Devices

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
3.61 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Solitron Devices

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0355
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Solitron Return On Asset Comparison

Solitron Devices is currently under evaluation in return on asset category among its peers.

Solitron Devices Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Solitron Devices, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Solitron Devices will eventually generate negative long term returns. The profitability progress is the general direction of Solitron Devices' change in net profit over the period of time. It can combine multiple indicators of Solitron Devices, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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.

Solitron Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Solitron Devices. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Solitron Devices position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Solitron Devices' important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Solitron Devices without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Solitron Devices position

In addition to having Solitron Devices in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Wholesale Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Wholesale theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wholesale Theme or any other thematic opportunities.
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Other Information on Investing in Solitron Pink Sheet

To fully project Solitron Devices' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Solitron Devices at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Solitron Devices' income statement, its balance sheet, and the statement of cash flows.
Potential Solitron Devices investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Solitron Devices investors may work on each financial statement separately, they are all related. The changes in Solitron Devices's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Solitron Devices's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.