Firefly Financial Statements From 2010 to 2024
| FIRE Stock | SEK 228.00 5.00 2.24% |
Check Firefly AB financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Firefly AB's main balance sheet or income statement drivers, such as , as well as many indicators such as . Firefly financial statements analysis is a perfect complement when working with Firefly AB Valuation or Volatility modules.
Firefly |
Firefly AB Company Profit Margin Analysis
Firefly AB's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Firefly AB Profit Margin | 0.07 % |
Most of Firefly AB's fundamental indicators, such as Profit Margin, 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, Firefly AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Based on the latest financial disclosure, Firefly AB has a Profit Margin of 0.0661%. This is 93.19% lower than that of the Industrials sector and 100.71% lower than that of the Security & Protection Services industry. The profit margin for all Sweden stocks is 105.2% lower than that of the firm.
Firefly AB Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Firefly AB's current stock value. Our valuation model uses many indicators to compare Firefly AB value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Firefly AB competition to find correlations between indicators driving Firefly AB's intrinsic value. More Info.Firefly AB is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Firefly AB is roughly 2.05 . 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 Firefly AB's earnings, one of the primary drivers of an investment's value.About Firefly AB Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Firefly AB income statement, its balance sheet, and the statement of cash flows. Firefly AB investors use historical funamental indicators, such as Firefly AB's revenue or net income, to determine how well the company is positioned to perform in the future. Although Firefly AB investors may use each financial statement separately, they are all related. The changes in Firefly AB's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Firefly AB'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. We offer a historical overview of the basic patterns found on Firefly AB Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Firefly AB. Please read more on our technical analysis and fundamental analysis pages.
Firefly AB develops, manufactures, and sells spark detection, and fire and dust explosion protection systems for the process industries worldwide. Firefly AB was founded in 1973 and is based in Stockholm, Sweden. Firefly AB operates under Defence Products classification in Sweden and is traded on Stockholm Stock Exchange.
Pair Trading with Firefly AB
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 Firefly AB 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 Firefly AB will appreciate offsetting losses from the drop in the long position's value.Moving against Firefly Stock
| 0.82 | SHB-B | Svenska Handelsbanken | PairCorr |
| 0.76 | ARION-SDB | Arion banki hf | PairCorr |
| 0.73 | SHB-A | Svenska Handelsbanken | PairCorr |
| 0.66 | VOLV-B | AB Volvo | PairCorr |
| 0.57 | VOLV-A | AB Volvo | PairCorr |
The ability to find closely correlated positions to Firefly AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Firefly AB 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 Firefly AB - 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 Firefly AB to buy it.
The correlation of Firefly AB 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 Firefly AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Firefly AB 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 Firefly AB 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.Additional Tools for Firefly Stock Analysis
When running Firefly AB's price analysis, check to measure Firefly AB'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 Firefly AB is operating at the current time. Most of Firefly AB's value examination focuses on studying past and present price action to predict the probability of Firefly AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Firefly AB's price. Additionally, you may evaluate how the addition of Firefly AB to your portfolios can decrease your overall portfolio volatility.