Sumitomo Financial Statements From 2010 to 2024
| SMMYY Stock | USD 6.08 0.01 0.16% |
Check Sumitomo Metal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sumitomo Metal's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sumitomo financial statements analysis is a perfect complement when working with Sumitomo Metal Valuation or Volatility modules.
Sumitomo |
Sumitomo Metal Mining Company Return On Equity Analysis
Sumitomo Metal'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 Sumitomo Metal Return On Equity | 0.19 |
Most of Sumitomo Metal'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, Sumitomo Metal Mining 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.
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Based on the latest financial disclosure, Sumitomo Metal Mining has a Return On Equity of 0.1932. This is 78.77% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 162.32% lower than that of the firm.
Sumitomo Metal Mining Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sumitomo Metal's current stock value. Our valuation model uses many indicators to compare Sumitomo Metal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sumitomo Metal competition to find correlations between indicators driving Sumitomo Metal's intrinsic value. More Info.Sumitomo Metal Mining is rated third in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.33 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sumitomo Metal Mining is roughly 3.00 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sumitomo Metal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sumitomo Metal's Pink Sheet. 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 Sumitomo Metal Financial Statements
Sumitomo Metal investors use historical fundamental indicators, such as Sumitomo Metal's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Sumitomo Metal. Please read more on our technical analysis and fundamental analysis pages.
Sumitomo Metal Mining Co., Ltd., together with its subsidiaries, engages in mining, smelting, and refining non-ferrous metals in Japan and internationally. Sumitomo Metal Mining Co., Ltd. was founded in 1590 and is headquartered in Tokyo, Japan. Sumitomo Metal operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 7202 people.
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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.Additional Tools for Sumitomo Pink Sheet Analysis
When running Sumitomo Metal's price analysis, check to measure Sumitomo Metal'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 Metal is operating at the current time. Most of Sumitomo Metal's value examination focuses on studying past and present price action to predict the probability of Sumitomo Metal'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 Metal's price. Additionally, you may evaluate how the addition of Sumitomo Metal to your portfolios can decrease your overall portfolio volatility.