Steel Financial Statements From 2010 to 2025
| SPLP Stock | USD 38.21 1.79 4.47% |
Check Steel Partners financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steel Partners' main balance sheet or income statement drivers, such as , as well as many indicators such as . Steel financial statements analysis is a perfect complement when working with Steel Partners Valuation or Volatility modules.
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Steel Partners Holdings Company Return On Equity Analysis
Steel Partners' 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 Steel Partners Return On Equity | 0.25 |
Most of Steel Partners' 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, Steel Partners Holdings 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, Steel Partners Holdings has a Return On Equity of 0.249. This is 43.41% lower than that of the Industrial Conglomerates sector and 107.16% lower than that of the Industrials industry. The return on equity for all United States stocks is 180.32% lower than that of the firm.
Steel Partners Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Steel Partners's current stock value. Our valuation model uses many indicators to compare Steel Partners value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Steel Partners competition to find correlations between indicators driving Steel Partners's intrinsic value. More Info.Steel Partners Holdings is rated fourth in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about 0.15 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Steel Partners Holdings is roughly 6.52 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Steel Partners by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Steel Partners Financial Statements
Steel Partners 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 Steel Partners investors may analyze each financial statement separately, they are all interrelated. The changes in Steel Partners' assets and liabilities, for example, are also reflected in the revenues and expenses on on Steel Partners' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Steel Partners Holdings L.P., through its subsidiaries, engages in industrial products, energy, defense, supply chain management, logistics, banking, and youth sports businesses worldwide. The company was founded in 1990 and is based in New York, New York. Steel Partners operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 4500 people.
Pair Trading with Steel Partners
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Steel Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Steel Partners will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Steel Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steel Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Steel Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Steel Partners Holdings to buy it.
The correlation of Steel Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Steel Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steel Partners Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Steel Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Steel Stock Analysis
When running Steel Partners' price analysis, check to measure Steel Partners' 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 Steel Partners is operating at the current time. Most of Steel Partners' value examination focuses on studying past and present price action to predict the probability of Steel Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Partners' price. Additionally, you may evaluate how the addition of Steel Partners to your portfolios can decrease your overall portfolio volatility.