Automobile Manufacturers with Highest Return on Equity
Winnebago Industries ranks highest among automobile manufacturers in terms of return on equity (ROE), with a ROE of 21.5%. The industry's most efficient companies tend to have high and growing ROEs, which attract investors seeking significant returns. Meanwhile, Tesla Motors Inc has struggled, with a negative ROE of -42.8%, prompting a Downtrend alert from SmarTrend on July 27th, 2015, resulting in a 5.9% decline in shares since then.
Key Takeaways:
- Winnebago Industries has the highest ROE in the automobile manufacturers industry with a value of 21.5%.
- Thor Industries ranks second with a ROE of 19.8% and Ford Motor ranks third with a ROE of 13.9%.
- General Motors has a ROE of 12.3% and Tesla Motors Inc has a significantly lower ROE of -42.8%.
- SmarTrend's alert on Tesla Motors Inc on July 27th, 2015 resulted in a 5.9% decline in shares.
- Tesla Motors Inc's negative ROE is attributed to inefficiencies in the company's operations.
- SmarTrend analyzes over 5,000 securities simultaneously and provides trend change alerts in real-time to its subscribers.
- The company's free morning newsletter provides exclusive insight into market trends prior to market opening.
Statistics:
- Winnebago Industries' ROE is 21.5%.
- Thor Industries' ROE is 19.8%.
- Ford Motor's ROE is 13.9%.
- General Motors' ROE is 12.3%.
- Tesla Motors Inc's ROE is -42.8%.
- The decline in Tesla Motors Inc's shares since July 27th, 2015 is 5.9%
Sources:
- SmarTrend News Watch
- MySmarTrend.com