Rimoni Financial Statements From 2010 to 2024
| RIMO Stock | ILA 5,090 52.00 1.01% |
Check Rimoni financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rimoni's main balance sheet or income statement drivers, such as , as well as many indicators such as . Rimoni financial statements analysis is a perfect complement when working with Rimoni Valuation or Volatility modules.
Rimoni |
Rimoni Company Return On Equity Analysis
Rimoni's 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.
Current Rimoni Return On Equity | 0.25 |
Most of Rimoni's 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, Rimoni 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, Rimoni has a Return On Equity of 0.2548. This is 72.0% lower than that of the Chemicals sector and 95.67% lower than that of the Materials industry. The return on equity for all Israel stocks is 182.19% lower than that of the firm.
Rimoni Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rimoni's current stock value. Our valuation model uses many indicators to compare Rimoni value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rimoni competition to find correlations between indicators driving Rimoni's intrinsic value. More Info.Rimoni 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 reporting about 0.56 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Rimoni is roughly 1.79 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Rimoni by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Rimoni's Stock. 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.About Rimoni Financial Statements
Rimoni stakeholders use historical fundamental indicators, such as Rimoni's revenue or net income, to determine how well the company is positioned to perform in the future. Although Rimoni investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rimoni's assets and liabilities are reflected in the revenues and expenses on Rimoni's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Rimoni. Please read more on our technical analysis and fundamental analysis pages.
Rimoni Industries Ltd. engages in the design, engineering, and manufacturing of molds, and precise injection molding and assemblies for the medical, automotive, agricultural, high-tech, and consumer industries in Israel. Rimoni Industries Ltd. was founded in 1954 and is based in Modiin-Maccabim-Reut, Israel. RIMONI INDUSTRIES operates under Specialty Chemicals classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 362 people.
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Rimoni financial ratios help investors to determine whether Rimoni Stock 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 Rimoni with respect to the benefits of owning Rimoni security.