Telefonaktiebolaget Lm Ericsson Stock Return On Asset
ERIXF Stock | USD 5.46 0.09 1.68% |
Telefonaktiebolaget LM Ericsson fundamentals help investors to digest information that contributes to Telefonaktiebolaget's financial success or failures. It also enables traders to predict the movement of Telefonaktiebolaget Pink Sheet. The fundamental analysis module provides a way to measure Telefonaktiebolaget's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Telefonaktiebolaget pink sheet.
Telefonaktiebolaget |
Telefonaktiebolaget Return On Asset Analysis
Telefonaktiebolaget's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Telefonaktiebolaget Return On Asset | 0.0592 |
Most of Telefonaktiebolaget's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Telefonaktiebolaget LM Ericsson is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition |
Based on the latest financial disclosure, Telefonaktiebolaget LM Ericsson has a Return On Asset of 0.0592. This is 102.05% lower than that of the Technology sector and 104.0% lower than that of the Communication Equipment industry. The return on asset for all United States stocks is 142.29% lower than that of the firm.
Telefonaktiebolaget Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Telefonaktiebolaget's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Telefonaktiebolaget could also be used in its relative valuation, which is a method of valuing Telefonaktiebolaget by comparing valuation metrics of similar companies.Telefonaktiebolaget is currently under evaluation in return on asset category among related companies.
Telefonaktiebolaget Fundamentals
Return On Equity | 0.16 | |||
Return On Asset | 0.0592 | |||
Profit Margin | 0.07 % | |||
Current Valuation | 21.21 B | |||
Shares Outstanding | 3.07 B | |||
Shares Owned By Insiders | 0.05 % | |||
Shares Owned By Institutions | 58.50 % | |||
Price To Earning | 11.07 X | |||
Price To Book | 1.61 X | |||
Price To Sales | 0.87 X | |||
Revenue | 271.55 B | |||
Gross Profit | 113.49 B | |||
EBITDA | 37.59 B | |||
Net Income | 18.72 B | |||
Cash And Equivalents | 4.8 B | |||
Cash Per Share | 1.46 X | |||
Total Debt | 26.95 B | |||
Debt To Equity | 0.31 % | |||
Current Ratio | 1.17 X | |||
Book Value Per Share | 3.25 X | |||
Cash Flow From Operations | 30.86 B | |||
Earnings Per Share | 0.55 X | |||
Price To Earnings To Growth | 2.08 X | |||
Number Of Employees | 105.53 K | |||
Beta | 0.27 | |||
Market Capitalization | 19.08 B | |||
Total Asset | 349.54 B | |||
Working Capital | 88.36 B | |||
Current Asset | 174.98 B | |||
Current Liabilities | 86.61 B | |||
Annual Yield | 0.05 % | |||
Five Year Return | 3.49 % | |||
Net Asset | 349.54 B |
About Telefonaktiebolaget Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Telefonaktiebolaget LM Ericsson's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Telefonaktiebolaget using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Telefonaktiebolaget LM Ericsson based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Telefonaktiebolaget LM Ericsson , together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. Telefonaktiebolaget LM Ericsson was founded in 1876 and is headquartered in Stockholm, Sweden. Ericsson operates under Communication Equipment classification in the United States and is traded on OTC Exchange. It employs 104490 people.
Pair Trading with Telefonaktiebolaget
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Telefonaktiebolaget position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Telefonaktiebolaget will appreciate offsetting losses from the drop in the long position's value.Moving together with Telefonaktiebolaget Pink Sheet
0.91 | ERIC-B | Telefonaktiebolaget | PairCorr |
Moving against Telefonaktiebolaget Pink Sheet
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The ability to find closely correlated positions to Telefonaktiebolaget could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telefonaktiebolaget when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Telefonaktiebolaget - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Telefonaktiebolaget LM Ericsson to buy it.
The correlation of Telefonaktiebolaget is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Telefonaktiebolaget moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telefonaktiebolaget moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Telefonaktiebolaget can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Telefonaktiebolaget Piotroski F Score and Telefonaktiebolaget Altman Z Score analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Telefonaktiebolaget Pink Sheet analysis
When running Telefonaktiebolaget's price analysis, check to measure Telefonaktiebolaget'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 Telefonaktiebolaget is operating at the current time. Most of Telefonaktiebolaget's value examination focuses on studying past and present price action to predict the probability of Telefonaktiebolaget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telefonaktiebolaget's price. Additionally, you may evaluate how the addition of Telefonaktiebolaget to your portfolios can decrease your overall portfolio volatility.
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