Raketech Group Financials
| RAKE Stock | SEK 11.30 0.14 1.22% |
Raketech |
Understanding current and past Raketech Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Raketech Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Raketech Group's assets may result in an increase in income on the income statement.
The data published in Raketech Group's official financial statements usually reflect Raketech Group's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Raketech Group Holding. For example, before you start analyzing numbers published by Raketech accountants, it's critical to develop an understanding of what Raketech Group's liquidity, profitability, and earnings quality are in the context of the Consumer Cyclical space in which it operates.
Please note, the presentation of Raketech Group's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Raketech Group's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Raketech Group's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Raketech Group Holding. Please utilize our Beneish M Score to check the likelihood of Raketech Group's management manipulating its earnings.
Raketech Group Stock Summary
Raketech Group competes with Catena Media, Betsson AB, Kindred Group, and Kambi Group. Raketech Group Holding PLC operates as an online affiliate and content marketing company worldwide. Raketech Group Holding PLC was founded in 2010 and is headquartered in St Julians, Malta. Raketech Group is traded on Stockholm Stock Exchange in Sweden.| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | MT0001390104 |
| Business Address | Fawwara Building, Gzira, |
| Sector | Consumer Cyclical |
| Industry | Marketing Services |
| Benchmark | NYSE Composite |
| Website | www.raketech.com |
| Currency | SEK - Swedish Kronor |
You should never invest in Raketech Group without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Raketech Stock, because this is throwing your money away. Analyzing the key information contained in Raketech Group's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Raketech Group Key Financial Ratios
Generally speaking, Raketech Group's financial ratios allow both analysts and investors to convert raw data from Raketech Group's financial statements into concise, actionable information that can be used to evaluate the performance of Raketech Group over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Raketech Group Holding reports annually and quarterly.| Return On Equity | 0.0962 | |||
| Return On Asset | 0.0751 | |||
| Target Price | 35.0 |
Raketech Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Raketech Group's current stock value. Our valuation model uses many indicators to compare Raketech Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Raketech Group competition to find correlations between indicators driving Raketech Group's intrinsic value. More Info.Raketech Group Holding is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies reporting about 0.78 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Raketech Group Holding is roughly 1.28 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Raketech Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Raketech Group's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Raketech Group's earnings, one of the primary drivers of an investment's value.Raketech Group Holding Systematic Risk
Raketech Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Raketech Group volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Raketech Group Holding correlated with the market. If Beta is less than 0 Raketech Group generally moves in the opposite direction as compared to the market. If Raketech Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Raketech Group Holding is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Raketech Group is generally in the same direction as the market. If Beta > 1 Raketech Group moves generally in the same direction as, but more than the movement of the benchmark.
About Raketech Group Financials
What exactly are Raketech Group Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Raketech Group's income statement, its balance sheet, and the statement of cash flows. Potential Raketech Group investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Raketech Group investors may use each financial statement separately, they are all related. The changes in Raketech Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Raketech Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Raketech Group Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Raketech Group is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Raketech has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Raketech Group's financials are consistent with your investment objective using the following steps:- Review Raketech Group's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Raketech Group's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Raketech Group's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Raketech Group's stock is overvalued or undervalued.
Raketech Group Thematic Clasifications
Raketech Group Holding is part of IT investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains
This theme covers Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains. Get More Thematic Ideas
| IT | View |
Raketech Group May 31, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Raketech Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Raketech Group Holding. We use our internally-developed statistical techniques to arrive at the intrinsic value of Raketech Group Holding based on widely used predictive technical indicators. In general, we focus on analyzing Raketech Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Raketech Group's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 15.64 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 2.0 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raketech Group Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Raketech Stock analysis
When running Raketech Group's price analysis, check to measure Raketech Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Raketech Group is operating at the current time. Most of Raketech Group's value examination focuses on studying past and present price action to predict the probability of Raketech Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raketech Group's price. Additionally, you may evaluate how the addition of Raketech Group to your portfolios can decrease your overall portfolio volatility.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| CEOs Directory Screen CEOs from public companies around the world | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |