Stoneridge Return On Equity from 2010 to 2024

SRI Stock  USD 6.86  0.13  1.93%   
Stoneridge's Return On Equity is decreasing with slightly volatile movements from year to year. Return On Equity is estimated to finish at -0.02 this year. Return On Equity is a measure of the profitability of Stoneridge in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.02)
Current Value
(0.02)
Quarterly Volatility
0.22815744
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Stoneridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stoneridge's main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.2 M, Interest Expense of 12.7 M or Total Revenue of 770.5 M, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0056 or PTB Ratio of 2.03. Stoneridge financial statements analysis is a perfect complement when working with Stoneridge Valuation or Volatility modules.
  
Check out the analysis of Stoneridge Correlation against competitors.
For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.

Latest Stoneridge's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Stoneridge over the last few years. Return on Equity is the amount of Stoneridge net income returned as a percentage of Stoneridge equity. Return on equity measures Stoneridge profitability by revealing how much profit Stoneridge generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Stoneridge's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Stoneridge's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.027110 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Stoneridge Return On Equity Regression Statistics

Arithmetic Mean0.1
Coefficient Of Variation236.76
Mean Deviation0.17
Median0.10
Standard Deviation0.23
Sample Variance0.05
Range0.9506
R-Value(0.29)
Mean Square Error0.05
R-Squared0.08
Significance0.30
Slope(0.01)
Total Sum of Squares0.73

Stoneridge Return On Equity History

2024 -0.0171
2023 -0.018
2022 -0.05
2021 0.0115
2020 -0.0268
2019 0.21

About Stoneridge Financial Statements

Investors use fundamental indicators, such as Stoneridge's Return On Equity, to determine how well the company is positioned to perform in the future. Although Stoneridge's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Equity(0.02)(0.02)

Currently Active Assets on Macroaxis

When determining whether Stoneridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stoneridge'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 Stoneridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stoneridge Stock:
Check out the analysis of Stoneridge Correlation against competitors.
For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Automotive Parts & Equipment space 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 Stoneridge. If investors know Stoneridge 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 Stoneridge 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
1.948
Earnings Share
(0.27)
Revenue Per Share
33.364
Quarterly Revenue Growth
(0.10)
Return On Assets
0.0116
The market value of Stoneridge is measured differently than its book value, which is the value of Stoneridge that is recorded on the company's balance sheet. Investors also form their own opinion of Stoneridge's value that differs from its market value or its book value, called intrinsic value, which is Stoneridge'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 Stoneridge's market value can be influenced by many factors that don't directly affect Stoneridge'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 Stoneridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stoneridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stoneridge'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.