Sumitomo Financial Statements From 2010 to 2024
SSUMY Stock | USD 21.00 0.09 0.43% |
Check Sumitomo Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sumitomo Corp'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 Corp Valuation or Volatility modules.
Sumitomo |
Sumitomo Corp ADR Company Return On Equity Analysis
Sumitomo Corp'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 Corp Return On Equity | 0.18 |
Most of Sumitomo Corp'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 Corp ADR 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.
Competition |
Based on the latest financial disclosure, Sumitomo Corp ADR has a Return On Equity of 0.18. This is 59.09% lower than that of the Industrials sector and 105.17% lower than that of the Conglomerates industry. The return on equity for all United States stocks is 158.06% lower than that of the firm.
Sumitomo Corp ADR Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sumitomo Corp's current stock value. Our valuation model uses many indicators to compare Sumitomo Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sumitomo Corp competition to find correlations between indicators driving Sumitomo Corp's intrinsic value. More Info.Sumitomo Corp ADR 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 0.15 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sumitomo Corp ADR is roughly 6.72 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sumitomo Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sumitomo Corp'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 Corp Financial Statements
Sumitomo Corp investors use historical fundamental indicators, such as Sumitomo Corp'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 Corp. Please read more on our technical analysis and fundamental analysis pages.
Sumitomo Corporation engages in general trading business worldwide. The company was incorporated in 1919 and is headquartered in Tokyo, Japan. Sumitomo Corp is traded on OTC Exchange in the United States.
Also Currently Popular
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 Corp's price analysis, check to measure Sumitomo Corp'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 Corp is operating at the current time. Most of Sumitomo Corp's value examination focuses on studying past and present price action to predict the probability of Sumitomo Corp'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 Corp's price. Additionally, you may evaluate how the addition of Sumitomo Corp to your portfolios can decrease your overall portfolio volatility.