SinterCast Financial Statements From 2010 to 2024
| SINT Stock | SEK 110.00 3.00 2.80% |
Check SinterCast financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SinterCast's main balance sheet or income statement drivers, such as , as well as many indicators such as . SinterCast financial statements analysis is a perfect complement when working with SinterCast Valuation or Volatility modules.
SinterCast |
SinterCast AB Company Return On Equity Analysis
SinterCast'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 SinterCast Return On Equity | 0.29 |
Most of SinterCast'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, SinterCast AB 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, SinterCast AB has a Return On Equity of 0.2933. This is 102.44% lower than that of the Machinery sector and 58.1% lower than that of the Industrials industry. The return on equity for all Sweden stocks is 194.61% lower than that of the firm.
SinterCast AB Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SinterCast's current stock value. Our valuation model uses many indicators to compare SinterCast value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SinterCast competition to find correlations between indicators driving SinterCast's intrinsic value. More Info.SinterCast AB 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 0.58 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for SinterCast AB is roughly 1.73 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SinterCast's earnings, one of the primary drivers of an investment's value.About SinterCast Financial Statements
SinterCast shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although SinterCast investors may analyze each financial statement separately, they are all interrelated. The changes in SinterCast's assets and liabilities, for example, are also reflected in the revenues and expenses on on SinterCast's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
SinterCast AB provides process control technology and solutions for the production of compacted graphite iron to foundries and automotive industries worldwide. The company was founded in 1983 and is based in Stockholm, Sweden. SinterCast operates under Scientific Technical Instruments classification in Sweden and is traded on Stockholm Stock Exchange. It employs 21 people.
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Additional Tools for SinterCast Stock Analysis
When running SinterCast's price analysis, check to measure SinterCast'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 SinterCast is operating at the current time. Most of SinterCast's value examination focuses on studying past and present price action to predict the probability of SinterCast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SinterCast's price. Additionally, you may evaluate how the addition of SinterCast to your portfolios can decrease your overall portfolio volatility.