SOMICONV.BO
Price:
$97.2
Market Cap:
$1.14B
Somi Conveyor Beltings Limited manufactures and sells industrial conveyor belts for commercial, industrial, and consumer markets in India and internationally. It provides fire resistant and oil resistant conveyor belts. The company also offers various conveyor belts, such as bullet proof, fusion, chevron, and rough top, as well as rubber sheets and mattings. It primarily serves the sponge iron, power, and mining sectors. The company was incorporated in 2000 and is based in Jodhpur, India.
Industry
Manufacturing - Miscellaneous
IPO Date
Stock Exchange
BSE
Ticker
SOMICONV.BO
According to Somi Conveyor Beltings Limited’s latest financial reports and current stock price. The company's current ROE is 5.31%. This represents a change of 335.36% compared to the average of 1.22% of the last 4 quarters.
The mean historical ROE of Somi Conveyor Beltings Limited over the last ten years is 3.48%. The current 5.31% ROE has changed 52.62% with respect to the historical average. Over the past ten years (40 quarters), SOMICONV.BO's ROE was at its highest in in the March 2023 quarter at 2.98%. The ROE was at its lowest in in the December 2022 quarter at 0%.
Average
3.48%
Median
2.82%
Minimum
2.67%
Maximum
5.22%
Discovering the peaks and valleys of Somi Conveyor Beltings Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 95.20%
Maximum Annual ROE = 5.22%
Minimum Annual Increase = -29.40%
Minimum Annual ROE = 2.67%
| Year | ROE | Change |
|---|---|---|
| 2023 | 5.22% | 95.20% |
| 2022 | 2.67% | -5.18% |
| 2021 | 2.82% | -29.40% |
| 2020 | 3.99% | 48.48% |
The current ROE of Somi Conveyor Beltings Limited (SOMICONV.BO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.57%
5-year avg
3.48%
10-year avg
3.48%
Somi Conveyor Beltings Limited’s ROE is less than Synthiko Foils Limited (32.34%), less than Beekay Niryat Limited (5.98%), greater than JCT Limited (-27.44%), less than ARSS Infrastructure Projects Ltd. (75.79%), less than GI Engineering Solutions Limited (14.85%), less than Safa Systems & Technologies Li (10.29%), less than Binayak Tex Processors Limited (3.23%), less than Flora Textiles Ltd. (3.79%), less than Beardsell Limited (11.51%), less than Expo Gas Containers Ltd (14.03%),
| Company | ROE | Market cap |
|---|---|---|
| 32.34% | $2.92B | |
| 5.98% | $1.18B | |
| -27.44% | $1.05B | |
| 75.79% | $1.23B | |
| 14.85% | $1.02B | |
| 10.29% | $769.56M | |
| 3.23% | $1.72B | |
| 3.79% | $830.70M | |
| 11.51% | $1.49B | |
| 14.03% | $1.62B |
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