Want to participate in a short research study? Help us shape the future of investment tools and get a chance to win a $ 250 gift card!When SRG Global Limited (ASX: SRG) published its latest earnings update (June 30, 2018). I compared it to two factors: its historical results and the performance of its industry peers on average. Understanding the performance of SRG Global requires a benchmark rather than trying to evaluate an autonomous number at a given time. Below is a brief commentary on SRG's performance. See our latest analysis for SRG Global

Has SRG exceeded its long-term earnings growth trend and its sector?

SRG recently made a profit of A $ 13 million (the most recent 12 months), compared with an average loss of A $ 975.1 thousand in the last five years.

ASX: Income Statement SRG Export 10 February 19More

In terms of return on investment, SRG Global failed to achieve a return on equity (ROE) of 20%, recording 9.1%. In addition, its return on assets (ROA) of 5.5% is lower than that of the AU construction industry (9.3%), indicating that SRG Global is used less efficiently. However, its return on capital (ROC), which also represents the level of debt of SRG Global, has increased over the past three years, from 4.9% to 11%. This corresponds to a decrease in debt, with the debt / equity ratio falling from 51% to 2.7% over the last five years.

What does it mean?

Past data is useful, but it does not tell the whole story. Although SRG Global has a good reputation for growth and profitability, it is not certain that this will be extrapolated in the future. I suggest you continue to search SRG Global to get a better picture of the title by looking at:

  1. Future prospects: What do well-informed industry analysts predict for the future growth of SRG? Watch our free analyst consensus research report for SRG's prospects.
  2. Financial health: Are SRG's activities financially viable? Balance sheets can be difficult to analyze, which is why we have done it for you. Discover our financial health check here.
  3. Other performing stocks: Are there other stocks offering better prospects with proven track records? Explore our free list of these large stocks here.

NB: The figures presented in this article are calculated using the data of the last twelve months as of June 30, 2018. This may not correspond to the figures of the full annual report.In order to help readers to understand the past volatility of the financial market, we aim for you a long-term research analysis focused solely on fundamental data. Please note that our analysis does not take into account the latest price sensitive business announcements. The author is an independent contributor and, at the time of publication, he did not hold any position on the mentioned actions. For errors that need to be corrected, please contact the publisher at the address editorial-team@simplywallst.com.