Stoneridge, Inc. (NYSE:SRI) Financial Performance …
From Financial Modeling Prep: 2024-10-31 16:00:03
In the automotive parts sector, Stoneridge, Inc. (NYSE:SRI) shows a ROIC of 2.16% below its WACC of 7.62%, indicating poor capital efficiency. On the other hand, Standard Motor Products, Inc. (SMP) and Modine Manufacturing Company (MOD) exhibit higher ROIC to WACC ratios, reflecting better capital utilization.
Superior Industries International, Inc. (SUP) displays a negative ROIC of -12.05% against a WACC of 9.57%, signaling financial instability. Comparatively, Motorcar Parts of America, Inc. (MPAA) and Standex International Corporation (SXI) show varying levels of capital efficiency with ROIC to WACC ratios of 0.77 and 1.15, respectively. Capital efficiency is crucial for financial health and competitiveness in the automotive parts industry.
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