Elkem Asa Stock Price To Book
| ELK Stock | NOK 17.28 0.33 1.87% |
Elkem ASA fundamentals help investors to digest information that contributes to Elkem ASA's financial success or failures. It also enables traders to predict the movement of Elkem Stock. The fundamental analysis module provides a way to measure Elkem ASA'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 Elkem ASA stock.
Elkem |
Elkem ASA Company Price To Book Analysis
Elkem ASA's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Elkem ASA Price To Book | 0.77 X |
Most of Elkem ASA's fundamental indicators, such as Price To Book, 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, Elkem ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Elkem ASA has a Price To Book of 0.7684 times. This is 93.69% lower than that of the Chemicals sector and 88.43% lower than that of the Materials industry. The price to book for all Norway stocks is 91.92% higher than that of the company.
Elkem Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elkem ASA's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elkem ASA could also be used in its relative valuation, which is a method of valuing Elkem ASA by comparing valuation metrics of similar companies.Elkem ASA is currently under evaluation in price to book category among its peers.
Elkem Fundamentals
| Return On Equity | 0.4 | |||
| Return On Asset | 0.15 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 25.67 B | |||
| Shares Outstanding | 635.52 M | |||
| Shares Owned By Insiders | 55.40 % | |||
| Shares Owned By Institutions | 27.78 % | |||
| Price To Earning | 6.16 X | |||
| Price To Book | 0.77 X | |||
| Price To Sales | 0.49 X | |||
| Revenue | 45.02 B | |||
| Gross Profit | 23.64 B | |||
| EBITDA | 13.48 B | |||
| Net Income | 12.41 B | |||
| Cash And Equivalents | 9.26 B | |||
| Cash Per Share | 9.23 X | |||
| Total Debt | 10.33 B | |||
| Debt To Equity | 85.60 % | |||
| Current Ratio | 2.14 X | |||
| Book Value Per Share | 45.14 X | |||
| Cash Flow From Operations | 9.31 B | |||
| Earnings Per Share | 16.77 X | |||
| Target Price | 44.4 | |||
| Number Of Employees | 7.3 K | |||
| Beta | 1.59 | |||
| Market Capitalization | 24.28 B | |||
| Total Asset | 52.78 B | |||
| Z Score | 1.2 | |||
| Annual Yield | 0.16 % | |||
| Net Asset | 52.78 B | |||
| Last Dividend Paid | 6.0 |
About Elkem ASA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elkem ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elkem ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elkem ASA 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Elkem Stock
Elkem ASA financial ratios help investors to determine whether Elkem Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Elkem with respect to the benefits of owning Elkem ASA security.