Supremex Stock Return On Equity

SXP Stock  CAD 3.77  0.03  0.80%   
Supremex fundamentals help investors to digest information that contributes to Supremex's financial success or failures. It also enables traders to predict the movement of Supremex Stock. The fundamental analysis module provides a way to measure Supremex'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 Supremex stock.
Last ReportedProjected for Next Year
Return On Equity 0.13  0.14 
As of the 20th of June 2024, Return On Equity is likely to grow to 0.14.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Supremex Company Return On Equity Analysis

Supremex'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Supremex Return On Equity

    
  0.0842  
Most of Supremex'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, Supremex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Supremex Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Supremex is extremely important. It helps to project a fair market value of Supremex Stock properly, considering its historical fundamentals such as Return On Equity. Since Supremex'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 Supremex'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 Supremex's interrelated accounts and indicators.
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

Supremex Total Stockholder Equity

Total Stockholder Equity

82.97 Million

At this time, Supremex's Total Stockholder Equity is very stable compared to the past year.
Based on the latest financial disclosure, Supremex has a Return On Equity of 0.0842. This is 90.75% lower than that of the Containers & Packaging sector and 109.91% lower than that of the Materials industry. The return on equity for all Canada stocks is 127.16% lower than that of the firm.

Supremex Return On Equity Peer Comparison

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

Supremex Fundamentals

About Supremex Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Supremex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Supremex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Supremex 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.

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Other Information on Investing in Supremex Stock

Supremex financial ratios help investors to determine whether Supremex 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 Supremex with respect to the benefits of owning Supremex security.