SCX Competitors

Summary

SCXDelisted Stock

USD 12.50 0.94 8.13%

LS Starrett competes with Eastern, Timken, Lincoln Electric, Hillman Solutions, and Kennametal; as well as few others. The company runs under Machinery sector within Industrials industry. Analyzing LS Starrett competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of LS Starrett to its intrinsic valuation because they are able to contrast its competitors on a relative basis. 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 main economic indicators.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of LS Starrett competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LS Starrett's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Hype

Prediction

Low	Estimated	High
12.50	12.50	12.50

Details

Intrinsic

Valuation

Low	Real	High
10.04	10.04	13.75

Details

LS Starrett Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between LS Starrett and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of SCX and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of LS Starrett does not affect the price movement of the other competitor.

	EML	TKR	LECO	HLMN	KMT	PFIN	SKFRY	MKTAY
EML		0.86	-0.44	-0.22	-0.66	-0.12	0.26	-0.65	EML
TKR	0.86		-0.38	-0.24	-0.64	-0.14	0.27	-0.54	TKR
LECO	-0.44	-0.38		0.85	0.88	0.79	0.4	0.52	LECO
HLMN	-0.22	-0.24	0.85		0.77	0.75	0.45	0.27	HLMN
KMT	-0.66	-0.64	0.88	0.77		0.54	0.25	0.57	KMT
PFIN	-0.12	-0.14	0.79	0.75	0.54		0.3	0.23	PFIN
SKFRY	0.26	0.27	0.4	0.45	0.25	0.3		-0.13	SKFRY
MKTAY	-0.65	-0.54	0.52	0.27	0.57	0.23	-0.13		MKTAY
	EML	TKR	LECO	HLMN	KMT	PFIN	SKFRY	MKTAY

Click cells to compare fundamentals

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Backtest Portfolio

High positive correlations

KMT	+ 0.88	LECO
TKR	+ 0.86	EML
HLMN	+ 0.85	LECO
PFIN	+ 0.79	LECO
KMT	+ 0.77	HLMN
PFIN	+ 0.75	HLMN

High negative correlations

KMT	- 0.66	EML
MKTAY	- 0.65	EML
KMT	- 0.64	TKR
MKTAY	- 0.54	TKR
LECO	- 0.44	EML
LECO	- 0.38	TKR

Risk-Adjusted Indicators

There is a big difference between SCX Stock performing well and LS Starrett Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze LS Starrett's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
EML	1.65	(0.13)	0.00	(0.10)	0.00	0.00	3.39	(3.42)	11.83
TKR	1.43	(0.27)	0.00	(0.05)	0.00	0.00	2.64	(2.47)	16.50
LECO	1.47	(0.04)	0.04	0.11	1.50	(1.70)	3.09	(2.12)	9.04
HLMN	1.33	0.12	0.10	0.22	1.32	(1.54)	3.25	(2.21)	8.30
KMT	1.47	(0.13)	0.04	0.08	1.63	(1.59)	2.72	(2.28)	23.53
PFIN	1.39	0.48	0.18	(20.08)	1.33	(1.71)	3.15	(2.91)	11.88
SKFRY	1.62	(0.02)	(0.04)	0.09	2.08	(1.55)	2.72	(3.28)	11.40
MKTAY	1.48	0.38	0.14	0.89	1.76	(1.54)	3.17	(3.62)	9.25

Unable to evaluate fundamental data of [EML, TKR, LECO, HLMN, KMT, PFIN, SKFRY, MKTAY] at this time. Please try again later

All Fundamental Data

LS Starrett Competitive Analysis

The better you understand LS Starrett competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, LS Starrett's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across LS Starrett's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	SCX	EML	TKR	LECO	HLMN	KMT	PFIN	SKFRY	MKTAY
	8.13 12.50 SCX	0.74 28.72 Eastern	0.85 77.45 Timken	0.86 218.48 Lincoln	1.15 11.40 Hillman	0.77 28.70 Kennametal	0.70 7.16 PFIN	0.26 19.21 SKFRY	1.08 27.20 Makita
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Not too volatile	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	OK	Good	OK	Very Weak	Insignificant	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Dangerous	Very Small	Very Low	Very Small	Below Average	Low	Dangerous	Low	Dangerous
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Under Valued	Over Valued	Under Valued	Over Valued	Over Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Strong Sell	Buy	Buy	Strong Buy	Hold	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Not Rated	Strong Hold	Strong Hold	Strong Hold	Buy	Strong Hold	Not Rated	Sell	Not Rated
Current Ratio	3.23	2.97	2.03	1.62	2.63	2.03	2.4	2.22	2.72
Net Asset	192.8 M	252.04 M	6.54 B	3.38 B	2.33 B	2.5 B	61 M	99.63 B	1.01 T
Profit Margin	0.0502	-0.0222	0.0741	0.12	0.0057	0.0498	-0.0126	0.0461	0.0358
EBITDA	35.3 M	21.97 M	657.1 M	824.67 M	198.18 M	306.63 M	1.1 M	13.57 B	114.1 B
Operating Margin	0.0225	0.0953	0.12	0.17	0.067	0.0743	-0.0543	N/A	0.0591
Current Valuation	126.26 M	231.01 M	7.36 B	13.19 B	3.02 B	2.76 B	48.69 M	8.01 B	6.73 B
Price To Book	0.92	1.49	1.85	9.21	1.9	1.75	1.0	1.57	1.11
Retained Earnings	112.15 M	144.81 M	2.23 B	3.69 B	(236.21 M)	1.17 B	34.25 M	N/A	361.9 B
Current Asset	122.75 M	75.27 M	1.21 B	936 M	N/A	637.38 M	38.65 M	41.25 B	400.52 B
Five Year Return	3.47	1.79	2.15	1.82	N/A	2.43	2.4	3.2	1.27
Beta	0.48	1.01	1.43	1.15	1.65	1.64	0.37	1.19	1.06
Number Of Employees	1.53 K	1.2 K	19 K	12 K	3.8 K	8.4 K	172	42.64 K	20.23 K
Shares Outstanding	7.01 M	6.18 M	70.12 M	56.43 M	196.59 M	77.73 M	3.19 M	455.35 M	271.53 M
Cash Flow From Operations	25.08 M	26.48 M	545.2 M	667.54 M	238.03 M	277.11 M	3.29 M	5.25 B	(103.66 B)
Annual Yield	N/A	0.0153	0.0176	0.0137	N/A	0.0279	0.0154	0.0356	0.0193
Total Debt	15.35 M	62.08 M	2.5 B	1.16 B	836.06 M	645.75 M	13.12 M	13.28 B	152.48 B
Return On Equity	0.1	0.1	0.13	0.38	0.0072	0.0816	-0.0178	0.0977	0.0375
Z Score	N/A	N/A	N/A	N/A	N/A	N/A	4.12	N/A	N/A
Return On Asset	0.0713	0.0495	0.0559	0.12	0.0239	0.0428	-0.0048	0.0507	0.0283
Number Of Shares Shorted	29.5 K	68.33 K	1.23 M	827.97 K	2.78 M	6.59 M	12.87 K	N/A	22.27 K
Book Value Per Share	17.34	19.29	41.83	23.73	6.01	16.43	12.94	7.94	2786.29
Current Liabilities	22.68 M	15.16 M	505.3 M	370.12 M	N/A	262.1 M	17.63 M	16.95 B	61.7 B
Total Asset	192.8 M	252.04 M	6.54 B	3.38 B	2.33 B	2.5 B	61 M	99.63 B	1.01 T
Debt To Equity	0.36	0.75	0.86	0.97	0.87	0.55	0.32	0.46	0.19
Short Ratio	0.45	3.77	1.97	2.77	3.42	5.88	1.01	N/A	1.46
Last Dividend Paid	N/A	0.44	1.34	2.84	N/A	0.8	0.15	N/A	72.0
Target Price	N/A	N/A	87.0	217.0	13.28	27.94	N/A	21.32	10.0
Shares Owned By Institutions	47.25	75.17	86.5	80.1	99.0	98.8	11.99	0.088	0.03
Market Capitalization	113.38 M	177.58 M	5.43 B	12.33 B	2.24 B	2.23 B	41.52 M	8.92 B	7.45 B
Price To Earning	4.69	16.9	14.32	39.83	84.56	13.35	8.9	12.4	10.7
Price To Earnings To Growth	N/A	N/A	0.96	2.05	N/A	0.56	N/A	2.31	N/A
Price To Sales	0.44	0.62	1.18	3.05	1.52	1.1	0.7	0.89	0.0081
Net Income	23.09 M	8.59 M	394.1 M	545.25 M	(9.59 M)	109.32 M	(1.48 M)	7.33 B	65.34 B
Earnings Per Share	1.66	2.0	4.82	8.39	0.04	1.28	-0.23	1.12	0.78
Shares Owned By Insiders	8.3	7.86	10.56	1.67	1.0	1.2	51.04	N/A	N/A
Revenue	256.18 M	273.45 M	4.77 B	4.19 B	1.48 B	2.05 B	59.04 M	81.73 B	739.26 B
Working Capital	82.64 M	69.5 M	1.16 B	938.5 M	324.86 M	586.63 M	20.84 M	24.3 B	338.82 B
Cash And Equivalents	14.52 M	7.11 M	331.6 M	152.8 M	17.72 M	106.02 M	431 K	904.85 M	108.33 B
Cash Per Share	1.99	1.14	4.14	2.64	0.09	0.79	0.14	1.99	398.97
Gross Profit	82.49 M	58.62 M	1.28 B	1.28 B	639.78 M	653.48 M	18.94 M	24.47 B	228.32 B
Day Typical Price	12.24	28.75	77.35	218.45	11.37	28.64	7.11	19.2	27.14
Accumulation Distribution	0.1	0.0206	0.0125	0.0129	0.0131	0.0104	0.0209	0.001	0.0146
Market Facilitation Index	1.33	0.6	0.97	2.84	0.15	0.3	0.15	0.02	0.4
Daily Balance Of Power	0.7068	0.35	0.6701	0.6549	0.8667	0.7333	0.3333	(2.50)	0.725
Period Momentum Indicator	0.94	0.21	0.65	1.86	0.13	0.22	0.05	(0.05)	0.29
Rate Of Daily Change	1.08	1.01	1.01	1.01	1.01	1.01	1.01	1.0	1.01
Day Median Price	12.11	28.77	77.31	218.44	11.36	28.61	7.09	19.2	27.11
Price Action Indicator	0.87	0.055	0.47	0.97	0.11	0.2	0.1	(0.01)	0.23
Coefficient Of Variation	1120.58	(4,585)	(3,630)	978.21	588.51	1271.97	403.23	3508.99	443.07
Mean Deviation	2.52	1.65	1.43	1.47	1.33	1.47	1.39	1.62	1.48
Jensen Alpha	0.1917	(0.13)	(0.27)	(0.04)	0.1161	(0.13)	0.477	(0.02)	0.3794
Total Risk Alpha	(0.28)	(0.43)	(0.48)	(0.14)	(0)	(0.25)	0.1482	(0.30)	0.1079
Sortino Ratio	0.056	N/A	N/A	0.0381	0.0993	0.0399	0.1825	(0.04)	0.1368
Downside Variance	9.47	N/A	N/A	2.83	2.33	3.26	3.6	4.84	5.31
Standard Deviation	3.47	2.2	2.43	1.97	1.7	2.67	1.95	2.12	2.01
Kurtosis	1.89	0.993	13.99	2.36	(0)	27.34	3.37	0.9389	0.8424
Potential Upside	6.74	3.39	2.64	3.09	3.25	2.72	3.15	2.72	3.17
Treynor Ratio	0.3535	(0.10)	(0.05)	0.1057	0.2185	0.0764	(20.08)	0.0924	0.8897
Maximum Drawdown	16.39	11.83	16.5	9.04	8.3	23.53	11.88	11.4	9.25
Variance	12.06	4.85	5.9	3.89	2.9	7.12	3.81	4.49	4.03
Market Risk Adjusted Performance	0.3635	(0.09)	(0.04)	0.1157	0.2285	0.0864	(20.07)	0.1024	0.8997
Risk Adjusted Performance	0.076	(0.01)	(0.01)	0.0843	0.1354	0.0672	0.1957	0.0282	0.1787
Skewness	0.7449	(0.35)	(1.50)	0.4864	0.3375	4.07	0.7696	0.2275	(0.48)
Semi Deviation	2.93	N/A	N/A	1.5	1.32	1.63	1.33	2.08	1.76
Information Ratio	0.0496	(0.08)	(0.08)	0.0325	0.0891	0.027	0.1775	(0.04)	0.1571
Value At Risk	(5.00)	(3.42)	(2.47)	(2.12)	(2.21)	(2.28)	(2.91)	(3.28)	(3.62)
Expected Short fall	(2.75)	N/A	N/A	(1.70)	(1.54)	(1.59)	(1.71)	(1.55)	(1.54)
Downside Deviation	3.08	N/A	N/A	1.68	1.53	1.81	1.9	2.2	2.31
Semi Variance	8.56	N/A	N/A	2.24	1.73	2.65	1.77	4.31	3.1

LS Starrett Competition Performance Charts

Five steps to successful analysis of LS Starrett Competition

LS Starrett's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by LS Starrett in relation to its competition. LS Starrett's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of LS Starrett in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact LS Starrett's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to LS Starrett, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your LS Starrett position

In addition to having LS Starrett 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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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 main economic indicators.

You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Other Consideration for investing in SCX Stock

If you are still planning to invest in LS Starrett 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 LS Starrett's history and understand the potential risks before investing.

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