Ridgetech Inc

Ridgetech Inc (RDGT) Financials

$0.901

-0.033 (-3.63%)At close

RDGT Profitability and Margins

Evaluating the bottom line, Ridgetech Inc maintains a gross margin of 3.92%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -0.12%, while the net margin is -0.10%. These profitability ratios, combined with a Return on Equity (ROE) of -7.83%, provide a clear picture of how effectively RDGT converts its operational activities into shareholder value.

RDGT Comparative Benchmarking

In the context of the broader market, RDGT competes directly with industry leaders such as MEDS and JWEL. With a market capitalization of $3.27M, it holds a significant position in the sector. When comparing efficiency, RDGT's gross margin of 3.92% stands against MEDS's -9.80% and JWEL's 8.16%. Such benchmarking helps identify whether Ridgetech Inc is trading at a premium or discount relative to its financial performance.

Ridgetech Inc Financial Performance

Ridgetech has a forward P/E of 1.11, which is significantly low, indicating that the stock may be undervalued compared to its future earnings potential. Additionally, the price-to-sales ratio is extremely low at 0.026, suggesting that the stock is trading at a bargain relative to its sales.

Financials

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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