• Return to Headlines

Agilysys has the Lowest Return on Equity in the Technology Distributors Industry (AGYS, RELL, IM, ELRC, SCSC)

By James Quinn

Below are the three companies in the Technology Distributors industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Agilysys ranks lowest with a ROE of -6.8%. Following is Richardson Electronics with a ROE of -4.3%. Ingram Micro ranks third lowest with a ROE of 4.8%.

Electro Rent follows with a ROE of 5.7%, and Scansource rounds out the bottom five with a ROE of 7.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Scansource on August 30th, 2016 by issuing a Downtrend alert when the shares were trading at $36.35. Since that call, shares of Scansource have fallen 4.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest return on equity agilysys richardson electronics ingram micro electro rent scansource