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Starrett L S Co  (NYSE: SCX)
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 8
 Employees 1,000
 Revenues (TTM) (Millions $) 250
 Net Income (TTM) (Millions $) 13
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 14

Business Description


Founded in 1880 by Laroy S. Starrett and incorporated in 1929, The L.S. Starrett Company is engaged in the business of manufacturing over 5,000 different products for industrial, professional and consumer markets. The Company has a long history of global manufacturing experience and currently operates 5 major global manufacturing plants. Domestic locations are Athol, Massachusetts (1880) and Mt. Airy, North Carolina (1985) with international operations located in Itu, Brazil (1956) Jedburgh, Scotland (1958) and Suzhou, China (1997). All subsidiaries principally serve the global manufacturing industrial base with concentration in the metalworking, construction, machinery, equipment, aerospace and automotive markets.

The Company offers its broad array of measuring and cutting products to the market through multiple channels of distribution throughout the world. The Company’s products include precision tools, electronic gages, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, tape measures, levels, chalk products, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, reciprocating saw blades, M1® lubricant and precision ground flat stock. The Company primarily distributes its precision hand tools, saw and construction products through distributors or resellers both domestically and internationally. The Company’s financial reporting is based on one business segment. Starrett® is brand recognized around the world for precision, quality and innovation.

The Company’s tools and instruments are sold throughout North America and in over 100 other countries. By far the largest consumer of these products is the manufacturing industry including metalworking, aerospace, medical, and automotive but other important consumers are marine and farm equipment shops, do-it-yourselfers and tradesmen such as builders, carpenters, plumbers and electricians.

For 135 years the Company has been a recognized leader in providing measurement and cutting solutions to industry. Measurement tools consist of precision instruments such as micrometers, vernier calipers, height gages, depth gages, electronic gages, dial indicators, steel rules, combination squares, custom, non-contact and in-process gaging such as optical, vision and laser measurement systems. The Company has expanded its product offering in the field of test and measurement equipment, with force measurement and material test equipment. Skilled personnel, superior products, manufacturing expertise, innovation and unmatched service has earned the Company its reputation as the “Best in Class” provider of measuring application solutions for industry. These systems we believe will be attractive to industry to reduce measurement and inspection time and are ideal for quality assurance, inspection labs, manufacturing and research facilities.

The Company’s saw product lines enjoy strong global brand recognition and market share. These products encompass a breadth of uses. The Company introduced several new products in the recent past including a new line of hand tools for measuring, marking and layout that include tapes, levels, chalk lines and other products for the building trades. The Company introduced a new line of drills, knives and tool bags to broaden its hand tool product line. The continued focus on high performance, production band saw applications has resulted in the development of two new ADVANZ carbide tipped products MC5 and MC7 ideal for cutting ferrous materials (MC7) and non-ferrous metals and castings (MC5). These actions are aimed at positioning Starrett for global growth in wide band products for production applications.

As one of the premier industrial brands, the Company continues to be focused on every touch point with its customers. To that end, the Company now offers modern, easy-to-use interfaces for distributors and end-users including interactive catalogs and several online applications.



   Company Address: 121 Crescent Street Athol 1331 MA
   Company Phone Number: 249-3551   Stock Exchange / Ticker: NYSE SCX


   

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Contract

The L.S. Starrett Company Embraces Go-Private Merger to Propel Growthby

Published Mon, Mar 11 2024 11:00 AM UTC

In a strategic move to fuel its future growth and maximize shareholder value, The L.S. Starrett Company (Starrett) has entered into a definitive merger agreement with MiddleGround Capital (MiddleGround), an affiliate of the prominent private equity firm. The agreement, valued at $16.19 per share, reflects a remarkable 63% premium over Starrett s closing stock price on March ...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) -
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) -
Price to Sales (Expected) -
Price to Book -
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.21
Working Capital Ratio 3.13
Leverage Ratio (MRQ) 0.41
Total Debt to Equity 0.06
Interest Coverage (TTM) -
Debt Coverage (TTM) 2.65

Per Share Current
Earnings (TTM) 1.66 $
Revenues (TTM) 32.6 $
Cash Flow (TTM) -
Cash 0.98 $
Book Value 16.99 $
Dividend (TTM) 0 $

Efficiency Current
Revenue per Employee (TTM) 249,656
Net Income per Employee (TTM) 12,592
Receivable Turnover Ratio (TTM) 7.04
Inventory Turnover Ratio (TTM) 2.75
Asset Turnover Ratio (TTM) 1.33

Profitability Ratios Current
Gross Margin (MRQ) 29.02 %
Operating Margin (MRQ) 1.17 %
Net Margin (MRQ) 1.05 %
Net Cash Flow Margin (MRQ) 3.04 %
Effective Tax Rate (TTM) 34.64 %

Management Effectiveness Current
Return On Assets (TTM) 6.7 %
Return On Investment (TTM) 8.44 %
Return On Equity (TTM) 9.69 %
Dividend Yield -
Pay out Ratio (TTM) -






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