Sumitomo Electric Industries Stock Analysis

Sumitomo Pink Sheet Analysis Notes

About 39.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.62. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sumitomo Electric last dividend was issued on the 30th of March 2023. Sumitomo Electric Industries, Ltd. manufactures and sells electric wires and cables worldwide. The company was founded in 1897 and is headquartered in Osaka, Japan. Sumitomo Electric operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 281075 people.The quote for Sumitomo Electric Industries is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Sumitomo Electric Industries contact Masayoshi Matsumoto at 81 6 6220 4141 or learn more at https://sumitomoelectric.com.

Sumitomo Electric Investment Alerts

Sumitomo Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sumitomo Electric's market, we take the total number of its shares issued and multiply it by Sumitomo Electric's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Sumitomo Profitablity

The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04.

Technical Drivers

As of the 1st of February, Sumitomo Electric has the Variance of 25.28, risk adjusted performance of 0.0861, and Coefficient Of Variation of 932.38. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sumitomo Electric, as well as the relationship between them. Please validate Sumitomo Electric total risk alpha and kurtosis to decide if Sumitomo Electric is priced more or less accurately, providing market reflects its prevalent price of 41.25 per share. Given that Sumitomo Electric has total risk alpha of 0.2863, we advise you to double-check Sumitomo Electric Industries's current market performance to make sure the company can sustain itself at a future point.

Sumitomo Electric Price Movement Analysis

Sumitomo Electric Predictive Daily Indicators

Sumitomo Electric Forecast Models

Sumitomo Electric's time-series forecasting models are one of many Sumitomo Electric's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Sumitomo Electric's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Sumitomo Electric Debt to Cash Allocation

Sumitomo Electric Industries has accumulated 307.09 B in total debt with debt to equity ratio (D/E) of 0.43, which is about average as compared to similar companies. Sumitomo Electric has a current ratio of 1.55, which is within standard range for the sector. Debt can assist Sumitomo Electric until it has trouble settling it off, either with new capital or with free cash flow. So, Sumitomo Electric's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sumitomo Electric sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sumitomo to invest in growth at high rates of return. When we think about Sumitomo Electric's use of debt, we should always consider it together with cash and equity.

Sumitomo Electric Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Sumitomo Electric's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Sumitomo Electric, which in turn will lower the firm's financial flexibility.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Sumitomo Electric prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Sumitomo shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Sumitomo Electric. By using and applying Sumitomo Pink Sheet analysis, traders can create a robust methodology for identifying Sumitomo entry and exit points for their positions.

When running Sumitomo Electric's price analysis, check to measure Sumitomo Electric'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 Sumitomo Electric is operating at the current time. Most of Sumitomo Electric's value examination focuses on studying past and present price action to predict the probability of Sumitomo Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sumitomo Electric's price. Additionally, you may evaluate how the addition of Sumitomo Electric to your portfolios can decrease your overall portfolio volatility.