Ls Starrett Stock Net Asset

SCX Stock  USD 15.89  0.01  0.06%   
LS Starrett fundamentals help investors to digest information that contributes to LS Starrett's financial success or failures. It also enables traders to predict the movement of SCX Stock. The fundamental analysis module provides a way to measure LS Starrett's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to LS Starrett stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

SCX Net Asset Analysis

LS Starrett's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total37.1M15.3M17.6M17.9M
Total Assets199.6M192.8M221.7M228.8M

Net Asset

 = 

Current Market Value

-

Current Liabilities

More About Net Asset | All Equity Analysis

Current LS Starrett Net Asset

    
  192.8 M  
Most of LS Starrett's fundamental indicators, such as Net Asset, 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, LS Starrett is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SCX Net Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for LS Starrett is extremely important. It helps to project a fair market value of SCX Stock properly, considering its historical fundamentals such as Net Asset. Since LS Starrett's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of LS Starrett's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of LS Starrett's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

SCX Total Assets

Total Assets

228.77 Million

At this time, LS Starrett's Total Assets are fairly stable compared to the past year.
Based on the recorded statements, LS Starrett has a Net Asset of 192.8 M. This is much higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The net asset for all United States stocks is notably lower than that of the firm.

SCX Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LS Starrett's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LS Starrett could also be used in its relative valuation, which is a method of valuing LS Starrett by comparing valuation metrics of similar companies.
LS Starrett is currently under evaluation in net asset category among related companies.

LS Starrett Institutional Holders

Institutional Holdings refers to the ownership stake in LS Starrett that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of LS Starrett's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing LS Starrett's value.
Shares
Geode Capital Management, Llc2023-12-31
64.3 K
Wealth Enhancement Advisory Services, Llc2023-12-31
56.4 K
Blackrock Inc2023-12-31
38.2 K
Royal Bank Of Canada2023-12-31
28.7 K
Citadel Advisors Llc2023-09-30
26.3 K
Northern Trust Corp2023-12-31
21.3 K
O'shaughnessy Asset Management Llc2023-12-31
20.6 K
Acadian Asset Management Llc2023-12-31
17.4 K
Victory Capital Management Inc.2023-12-31
9.4 K
Gamco Investors, Inc. Et Al2023-12-31
515.6 K
Morgan Stanley - Brokerage Accounts2023-12-31
394.4 K

SCX Fundamentals

About LS Starrett Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze LS Starrett's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LS Starrett using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LS Starrett based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products in the United States, Canada, Mexico, Brazil, China, the United Kingdom, Australia, and New Zealand. Starrett Company was founded in 1880 and is headquartered in Athol, Massachusetts. LS Starrett operates under Tools Accessories classification in the United States and is traded on New York Stock Exchange. It employs 1493 people.

Currently Active Assets on Macroaxis

When determining whether LS Starrett offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LS Starrett'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 Ls Starrett Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ls Starrett Stock:
Check out LS Starrett Piotroski F Score and LS Starrett Altman Z Score analysis.
For more information on how to buy SCX Stock please use our How to Invest in LS Starrett guide.
Note that the LS Starrett information on this page should be used as a complementary analysis to other LS Starrett's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running LS Starrett's price analysis, check to measure LS Starrett'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 LS Starrett is operating at the current time. Most of LS Starrett's value examination focuses on studying past and present price action to predict the probability of LS Starrett's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LS Starrett's price. Additionally, you may evaluate how the addition of LS Starrett to your portfolios can decrease your overall portfolio volatility.
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Is LS Starrett's industry 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 LS Starrett. If investors know SCX 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 LS Starrett 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
(0.07)
Earnings Share
2.57
Revenue Per Share
33.787
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0792
The market value of LS Starrett is measured differently than its book value, which is the value of SCX that is recorded on the company's balance sheet. Investors also form their own opinion of LS Starrett's value that differs from its market value or its book value, called intrinsic value, which is LS Starrett'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 LS Starrett's market value can be influenced by many factors that don't directly affect LS Starrett'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 LS Starrett's value and its price as these two are different measures arrived at by different means. Investors typically determine if LS Starrett is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LS Starrett'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.