Superior Return On Tangible Assets from 2010 to 2024

SGC Stock  USD 16.73  0.49  2.85%   
Superior Uniform's Return On Tangible Assets are decreasing over the years with slightly volatile fluctuation. Return On Tangible Assets are expected to dwindle to 0.02. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.02362574
Current Value
0.0224
Quarterly Volatility
0.04920273
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Superior Uniform financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Superior Uniform's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.7 M, Interest Expense of 10.2 M or Total Revenue of 570.5 M, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0282 or PTB Ratio of 1.18. Superior financial statements analysis is a perfect complement when working with Superior Uniform Valuation or Volatility modules.
  
Check out the analysis of Superior Uniform Correlation against competitors.

Latest Superior Uniform's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Superior Uniform Group over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Superior Uniform's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Superior Uniform's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Superior Return On Tangible Assets Regression Statistics

Arithmetic Mean0.06
Coefficient Of Variation82.62
Mean Deviation0.03
Median0.07
Standard Deviation0.05
Sample Variance0
Range0.2169
R-Value(0.33)
Mean Square Error0
R-Squared0.11
Significance0.22
Slope(0)
Total Sum of Squares0.03

Superior Return On Tangible Assets History

2024 0.0224
2023 0.0236
2022 -0.0797
2021 0.0795
2020 0.14
2019 0.0464
2018 0.0723

About Superior Uniform Financial Statements

Superior Uniform stakeholders use historical fundamental indicators, such as Superior Uniform's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Superior Uniform investors may analyze each financial statement separately, they are all interrelated. For example, changes in Superior Uniform's assets and liabilities are reflected in the revenues and expenses on Superior Uniform'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 Superior Uniform Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Superior Uniform offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Superior Uniform's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Superior Uniform Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Superior Uniform Group Stock:
Check out the analysis of Superior Uniform Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Superior Uniform. If investors know Superior will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Superior Uniform listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.737
Dividend Share
0.56
Earnings Share
0.82
Revenue Per Share
35.267
Quarterly Revenue Growth
0.1
The market value of Superior Uniform is measured differently than its book value, which is the value of Superior that is recorded on the company's balance sheet. Investors also form their own opinion of Superior Uniform's value that differs from its market value or its book value, called intrinsic value, which is Superior Uniform's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Superior Uniform's market value can be influenced by many factors that don't directly affect Superior Uniform's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Superior Uniform's value and its price as these two are different measures arrived at by different means. Investors typically determine if Superior Uniform is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Superior Uniform's 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.