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Shares of Spartan Motors Rank the Lowest in Terms of Return on Equity in the Auto Parts & Equipment Industry (SPAR, FDML, STRT, BWA, MOD)

By James Quinn

Below are the three companies in the Auto Parts & Equipment 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.

Spartan Motors ranks lowest with a ROE of -113.4%. Federal Mogul is next with a ROE of 270.6%. Strattec Security ranks third lowest with a ROE of 310.4%.

BorgWarner follows with a ROE of 350.0%, and Modine Manufacturing rounds out the bottom five with a ROE of 358.8%.

SmarTrend recommended that subscribers consider buying shares of Federal Mogul on February 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $7.41. Since that recommendation, shares of Federal Mogul have risen 34.7%. We continue to monitor Federal Mogul for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest return on equity spartan motors federal mogul strattec security BorgWarner modine manufacturing