Latest news with #SamuelHeath
Yahoo
08-05-2025
- Business
- Yahoo
Samuel Heath & Sons (LON:HSM) Will Be Hoping To Turn Its Returns On Capital Around
If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we see a declining return on capital employed (ROCE) in conjunction with a declining base of capital employed, that's often how a mature business shows signs of aging. This reveals that the company isn't compounding shareholder wealth because returns are falling and its net asset base is shrinking. In light of that, from a first glance at Samuel Heath & Sons (LON:HSM), we've spotted some signs that it could be struggling, so let's investigate. Our free stock report includes 2 warning signs investors should be aware of before investing in Samuel Heath & Sons. Read for free now. Return On Capital Employed (ROCE): What Is It? Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Samuel Heath & Sons, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.063 = UK£843k ÷ (UK£15m - UK£1.6m) (Based on the trailing twelve months to September 2024). Therefore, Samuel Heath & Sons has an ROCE of 6.3%. Ultimately, that's a low return and it under-performs the Building industry average of 13%. Check out our latest analysis for Samuel Heath & Sons AIM:HSM Return on Capital Employed May 8th 2025 While the past is not representative of the future, it can be helpful to know how a company has performed historically, which is why we have this chart above. If you'd like to look at how Samuel Heath & Sons has performed in the past in other metrics, you can view this free graph of Samuel Heath & Sons' past earnings, revenue and cash flow. How Are Returns Trending? We are a bit worried about the trend of returns on capital at Samuel Heath & Sons. Unfortunately the returns on capital have diminished from the 10% that they were earning five years ago. On top of that, it's worth noting that the amount of capital employed within the business has remained relatively steady. Since returns are falling and the business has the same amount of assets employed, this can suggest it's a mature business that hasn't had much growth in the last five years. So because these trends aren't typically conducive to creating a multi-bagger, we wouldn't hold our breath on Samuel Heath & Sons becoming one if things continue as they have. Our Take On Samuel Heath & Sons' ROCE In the end, the trend of lower returns on the same amount of capital isn't typically an indication that we're looking at a growth stock. Yet despite these concerning fundamentals, the stock has performed strongly with a 43% return over the last five years, so investors appear very optimistic. Regardless, we don't feel too comfortable with the fundamentals so we'd be steering clear of this stock for now.
Associated Press
02-04-2025
- Automotive
- Associated Press
Evergreen Bank and FreedomRoad Financial Implement Inovatec's Dealer Portal and LOS to Automate Loan Origination Workflows
Cloud-Based Platforms Enhance Dealer Efficiencies and Lower Costs VANCOUVER, BC / ACCESS Newswire Inovatec Systems, a leading provider of cloud-based software solutions for lenders, has deployed its Dealer Portal and LOS platforms for power sports equipment lender Evergreen Bank Group, and its loan production centers, FreedomRoad Financial and Performance Finance. The comprehensive system supports Evergreen's power sports lending activities by offering dealers a user-friendly portal to submit loan applications for immediate processing and decisioning. 'We are very pleased with the ingenuity and simplicity of Inovatec's technology, which allows our dealers to confidently book deals in a fast and efficient manner,' said Darin Campbell, chief executive officer of Evergreen Bank. 'The ability to improve dealer experiences is vitally important to us. We know they have multiple options to finance power sports purchases and want to receive approvals and funding as quickly and seamlessly as possible. We are confident that the convenience of Inovatec's solution will make financing through both Evergreen Bank and our power sports lending divisions much easier for our dealers and their consumers, resulting in increased revenue and happier customers.' Based in Oak Brook, Illinois, Evergreen Bank Group is a full-service financial institution with over $1.4 billion in assets. The bank owns and operates FreedomRoad Financial and Performance Finance, both national power sports lending divisions that provide retail financing solutions for the purchase of motorcycles, ATVs, snowmobiles, and other power sports products. Inovatec's Dealer Portal is a state-of-the-art, user-friendly solution that streamlines all aspects of the loan application process for dealers, resulting in a fast and efficient tool to book sales and enhance client satisfaction. The Portal is integrated into existing digital channels, and through intuitive drag-and-drop functionalities, allows customizing web forms to project a seamless brand experience for clients. The Portal also integrates with third party document management, credit bureaus and other services that are designed to further improve lending activity. Inovatec's market-proven LOS is a cloud-based system that automates cumbersome workflows like application scoring, decisioning and reporting requirements. When combining the Inovatec Dealer Portal and LOS, lenders can leverage a comprehensive platform that can help them succeed in a fast-changing market. 'Pairing the Inovatec Dealer Portal with the LOS creates a compelling solution for financial institutions to automate their loan application processes and accelerate sales activity,' said Samuel Heath, Inovatec's chief revenue officer. 'We are especially proud that Evergreen Bank and its loan production companies, which distinguish themselves by creating superior experiences for dealers and clients, have elected to use Inovatec technology to support their power sports lending activities. We fully expect that these organizations will be pleased with the speed and accuracy that our solutions provide.' About Inovatec Systems Inovatec Systems Corp. is a leading provider of cloud-based loan origination, decisioning and servicing solutions, serving lenders across North America. The company's innovative technologies enhance business outcomes by improving efficiency, accuracy, and client satisfaction. For more information, visit About Evergreen Bank Founded in 2007 and headquartered in Oak Brook, IL, Evergreen Bank Group is a leading tech-savvy community bank serving the greater Chicago area and beyond. In addition to its retail and commercial banking services, Evergreen is a national leader in niche lending markets, including collector car, power sports, and manufactured housing loans. With a focus on delivering exceptional customer experiences through innovative digital platforms, Evergreen is redefining community banking for the modern era. Media Contact: Glenn Goldberg Parallel Communications Group, Inc.
