Simpson Competitors
| SSD Stock | USD 191.05 2.30 1.19% |
Simpson Manufacturing vs Air Lease Correlation
Poor diversification
The correlation between Simpson Manufacturing and AL is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Simpson Manufacturing and AL in the same portfolio, assuming nothing else is changed.
Moving together with Simpson Stock
| 0.83 | NX | Quanex Building Products | PairCorr |
| 0.86 | OC | Owens Corning | PairCorr |
| 0.61 | LXI | Lennox International | PairCorr |
Moving against Simpson Stock
The current year's Return On Capital Employed is expected to grow to 0.23, whereas Return On Tangible Assets are forecasted to decline to 0.10. At present, Simpson Manufacturing's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 56.5 M, whereas Deferred Long Term Asset Charges is forecasted to decline to about 3 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Simpson Manufacturing's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Simpson Manufacturing Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Simpson Manufacturing and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Simpson and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Simpson Manufacturing does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Simpson Stock performing well and Simpson Manufacturing Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Simpson Manufacturing's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AWI | 0.98 | (0.05) | 0.00 | (0.11) | 0.00 | 2.43 | 7.39 | |||
| FBIN | 1.93 | 0.26 | 0.17 | 0.18 | 1.52 | 5.71 | 10.57 | |||
| TTC | 1.31 | 0.33 | 0.30 | 0.39 | 0.71 | 2.94 | 13.49 | |||
| AAON | 2.39 | (0.15) | 0.00 | (0.03) | 0.00 | 4.40 | 14.22 | |||
| TFII | 1.61 | 0.44 | 0.21 | 4.61 | 1.43 | 3.83 | 9.73 | |||
| PRIM | 2.28 | 0.00 | 0.01 | 0.05 | 3.47 | 5.21 | 14.82 | |||
| ESAB | 1.47 | 0.05 | 0.04 | 0.09 | 1.77 | 3.77 | 10.18 | |||
| IESC | 3.00 | 0.01 | 0.02 | 0.06 | 4.87 | 5.82 | 28.38 | |||
| FSS | 1.18 | (0.13) | 0.00 | (0.05) | 0.00 | 2.11 | 6.54 | |||
| AL | 0.10 | 0.01 | (0.32) | 0.48 | 0.00 | 0.23 | 0.50 |
Cross Equities Net Income Analysis
Compare Simpson Manufacturing and related stocks such as Armstrong World Indu, Fortune Brands Innov, and Toro Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AWI | 122.4 M | 112.4 M | 131.2 M | 99.8 M | 77.8 M | 52.5 M | 89.1 M | 224.1 M | 198.6 M | 240 M | (84.2 M) | 185 M | 199.6 M | 223.7 M | 264.9 M | 304.6 M | 319.9 M |
| FBIN | (41.9 M) | (35.6 M) | 118.7 M | 229.7 M | 158.1 M | 315 M | 413.2 M | 472.6 M | 389.6 M | 431.9 M | 553.1 M | 772.4 M | 686.7 M | 404.5 M | 471.9 M | 542.7 M | 371.5 M |
| TTC | 15.5 M | 129.5 M | 154.8 M | 173.9 M | 201.6 M | 231 M | 267.7 M | 271.9 M | 274 M | 329.7 M | 409.9 M | 443.3 M | 329.7 M | 418.9 M | 316.1 M | 363.5 M | 381.7 M |
| AAON | 1000 K | 14 M | 27.4 M | 37.5 M | 44.2 M | 45.7 M | 53.4 M | 54.5 M | 42.3 M | 53.7 M | 79 M | 58.8 M | 100.4 M | 177.6 M | 168.6 M | 193.8 M | 203.5 M |
| TFII | (2.4 M) | 100.1 M | 155 M | 58.6 M | 110.2 M | 117.8 M | 475.8 M | 125.6 M | 214.4 M | 239.3 M | 275.7 M | 754.4 M | 823.2 M | 504.9 M | 422.5 M | 485.9 M | 510.1 M |
| PRIM | 351.1 K | 58.6 M | 56.8 M | 69.7 M | 63.2 M | 36.9 M | 26.7 M | 72.4 M | 77.5 M | 82.3 M | 105 M | 115.7 M | 133 M | 126.1 M | 180.9 M | 208 M | 218.4 M |
| ESAB | 172.9 M | 172.9 M | 172.9 M | 172.9 M | 172.9 M | 172.9 M | 172.9 M | 172.9 M | 172.9 M | 172.9 M | 157.4 M | 235.1 M | 223.7 M | 205.3 M | 264.8 M | 304.6 M | 230.9 M |
| IESC | 3.7 M | (11.8 M) | (3.6 M) | 5.3 M | 16.5 M | 120.8 M | 13.4 M | (14.2 M) | 33.2 M | 41.6 M | 66.7 M | 34.8 M | 108.3 M | 219.1 M | 306 M | 351.9 M | 369.5 M |
| FSS | 11.7 M | (14.2 M) | (27.5 M) | 160 M | 63.7 M | 63.5 M | 43.8 M | 61.6 M | 94 M | 108.5 M | 96.2 M | 100.6 M | 120.4 M | 157.4 M | 216.3 M | 248.7 M | 261.2 M |
| AL | 53.2 M | 53.2 M | 131.9 M | 190.4 M | 256 M | 253.4 M | 374.9 M | 756.2 M | 510.8 M | 587.1 M | 516.3 M | 436.6 M | (97 M) | 614.6 M | 427.7 M | 491.9 M | 393.8 M |
Simpson Manufacturing and related stocks such as Armstrong World Indu, Fortune Brands Innov, and Toro Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Simpson Manufacturing financial statement analysis. It represents the amount of money remaining after all of Simpson Manufacturing operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Simpson Manufacturing Competitive Analysis
The better you understand Simpson Manufacturing competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Simpson Manufacturing's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Simpson Manufacturing's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Simpson Manufacturing Competition Performance Charts
Five steps to successful analysis of Simpson Manufacturing Competition
Simpson Manufacturing's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Simpson Manufacturing in relation to its competition. Simpson Manufacturing's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Simpson Manufacturing in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Simpson Manufacturing's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Simpson Manufacturing, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Simpson Manufacturing Correlation with its peers. For information on how to trade Simpson Stock refer to our How to Trade Simpson Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Will Building Products sector continue expanding? Could Simpson diversify its offerings? Factors like these will boost the valuation of Simpson Manufacturing. If investors know Simpson will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Simpson Manufacturing data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.167 | Dividend Share 1.14 | Earnings Share 8.21 | Revenue Per Share | Quarterly Revenue Growth 0.062 |
Investors evaluate Simpson Manufacturing using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Simpson Manufacturing's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Simpson Manufacturing's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Simpson Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simpson Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Simpson Manufacturing's market price signifies the transaction level at which participants voluntarily complete trades.