Epiroc Ab Stock Market Capitalization
| EPIAF Stock | USD 19.29 0.33 1.68% |
Epiroc AB fundamentals help investors to digest information that contributes to Epiroc AB's financial success or failures. It also enables traders to predict the movement of Epiroc Pink Sheet. The fundamental analysis module provides a way to measure Epiroc AB'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 Epiroc AB pink sheet.
Epiroc |
Epiroc AB Company Market Capitalization Analysis
Epiroc AB's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Epiroc AB Market Capitalization | 22.84 B |
Most of Epiroc AB's fundamental indicators, such as Market Capitalization, 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, Epiroc AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
| Competition |
Based on the recorded statements, the market capitalization of Epiroc AB is about 22.84 B. This is 298.29% higher than that of the Industrials sector and significantly higher than that of the Farm & Heavy Construction Machinery industry. The market capitalization for all United States stocks is 20.03% lower than that of the firm.
Epiroc Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Epiroc AB's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Epiroc AB could also be used in its relative valuation, which is a method of valuing Epiroc AB by comparing valuation metrics of similar companies.Epiroc AB is currently under evaluation in market capitalization category among related companies.
Epiroc Fundamentals
| Return On Equity | 0.28 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.17 % | |||
| Current Valuation | 22.36 B | |||
| Shares Outstanding | 816.67 M | |||
| Shares Owned By Insiders | 0.94 % | |||
| Shares Owned By Institutions | 75.81 % | |||
| Price To Earning | 27.55 X | |||
| Price To Book | 7.68 X | |||
| Price To Sales | 5.20 X | |||
| Revenue | 39.65 B | |||
| Gross Profit | 19.02 B | |||
| EBITDA | 10.85 B | |||
| Net Income | 7.06 B | |||
| Total Debt | 7.03 B | |||
| Debt To Equity | 0.34 % | |||
| Current Ratio | 2.32 X | |||
| Cash Flow From Operations | 7.61 B | |||
| Earnings Per Share | 0.64 X | |||
| Price To Earnings To Growth | 3.28 X | |||
| Number Of Employees | 17 K | |||
| Beta | 0.93 | |||
| Market Capitalization | 22.84 B | |||
| Total Asset | 48.58 B | |||
| Z Score | 1.8 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 48.58 B |
About Epiroc AB Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Epiroc AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Epiroc AB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Epiroc AB 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Epiroc AB in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Epiroc AB's short interest history, or implied volatility extrapolated from Epiroc AB options trading.
Pair Trading with Epiroc 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 Epiroc 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 Epiroc AB will appreciate offsetting losses from the drop in the long position's value.Moving together with Epiroc Pink Sheet
| 0.83 | CAT | Caterpillar Earnings Call Tomorrow | PairCorr |
| 0.81 | PCAR | PACCAR Inc Earnings Call This Week | PairCorr |
| 0.83 | VLVLY | Volvo AB ADR | PairCorr |
| 0.8 | VOLVF | Volvo AB ser | PairCorr |
The ability to find closely correlated positions to Epiroc 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 Epiroc 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 Epiroc 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 Epiroc AB to buy it.
The correlation of Epiroc 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 Epiroc AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Epiroc 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 Epiroc 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Epiroc AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Epiroc AB information on this page should be used as a complementary analysis to other Epiroc AB's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Epiroc Pink Sheet analysis
When running Epiroc AB's price analysis, check to measure Epiroc 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 Epiroc AB is operating at the current time. Most of Epiroc AB's value examination focuses on studying past and present price action to predict the probability of Epiroc 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 Epiroc AB's price. Additionally, you may evaluate how the addition of Epiroc AB to your portfolios can decrease your overall portfolio volatility.
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