Telefonaktiebolaget Lm Ericsson Stock Gross Profit

ERIC Stock  USD 5.51  0.08  1.47%   
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 Stock. 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 stock.
The current year's Gross Profit Margin is expected to grow to 0.43, whereas Gross Profit is forecasted to decline to about 66.2 B.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Telefonaktiebolaget Gross Profit Analysis

Telefonaktiebolaget's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Telefonaktiebolaget Gross Profit

66.19 Billion

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Telefonaktiebolaget Gross Profit

    
  113.49 B  
Most of Telefonaktiebolaget's fundamental indicators, such as Gross Profit, 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.

Telefonaktiebolaget Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Telefonaktiebolaget is extremely important. It helps to project a fair market value of Telefonaktiebolaget Stock properly, considering its historical fundamentals such as Gross Profit. Since Telefonaktiebolaget's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Telefonaktiebolaget's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Telefonaktiebolaget's interrelated accounts and indicators.
0.920.79-0.220.640.830.080.360.860.880.150.870.280.560.930.260.310.78-0.020.310.29-0.010.16-0.440.20.370.350.22-0.27-0.21
0.920.82-0.310.710.840.040.450.70.930.040.750.030.540.890.040.070.620.250.030.03-0.140.0-0.23-0.050.150.130.13-0.13-0.18
0.790.82-0.530.980.890.470.650.360.94-0.130.44-0.270.580.75-0.3-0.180.550.5-0.17-0.24-0.18-0.37-0.17-0.16-0.22-0.190.20.22-0.18
-0.22-0.31-0.53-0.6-0.5-0.42-0.540.11-0.490.74-0.030.460.22-0.20.590.550.11-0.550.610.580.290.320.120.210.470.430.4-0.770.58
0.640.710.98-0.60.810.540.670.160.87-0.220.26-0.410.520.61-0.46-0.340.430.62-0.31-0.41-0.23-0.51-0.08-0.27-0.4-0.350.190.36-0.16
0.830.840.89-0.50.810.450.790.520.94-0.190.56-0.110.380.88-0.070.050.480.23-0.08-0.04-0.06-0.09-0.420.11-0.040.0-0.050.19-0.2
0.080.040.47-0.420.540.450.62-0.270.32-0.29-0.26-0.320.20.16-0.42-0.250.040.26-0.27-0.34-0.12-0.51-0.13-0.11-0.49-0.40.030.460.1
0.360.450.65-0.540.670.790.62-0.010.64-0.480.03-0.470.10.5-0.37-0.120.00.37-0.4-0.32-0.05-0.28-0.250.0-0.37-0.26-0.260.6-0.13
0.860.70.360.110.160.52-0.27-0.010.540.340.950.650.380.770.650.610.73-0.440.60.640.130.54-0.530.430.750.680.17-0.59-0.18
0.880.930.94-0.490.870.940.320.640.54-0.050.6-0.170.460.9-0.12-0.040.50.38-0.06-0.09-0.17-0.14-0.25-0.04-0.04-0.020.050.11-0.15
0.150.04-0.130.74-0.22-0.19-0.29-0.480.34-0.050.240.320.330.20.610.430.24-0.340.70.60.310.340.190.290.420.340.37-0.780.6
0.870.750.44-0.030.260.56-0.260.030.950.60.240.570.320.790.610.540.73-0.370.550.590.140.55-0.530.460.650.60.2-0.49-0.14
0.280.03-0.270.46-0.41-0.11-0.32-0.470.65-0.170.320.570.190.120.760.680.57-0.810.690.730.190.62-0.480.460.80.730.42-0.72-0.01
0.560.540.580.220.520.380.20.10.380.460.330.320.190.4-0.020.030.780.170.15-0.01-0.02-0.350.07-0.280.030.00.72-0.40.07
0.930.890.75-0.20.610.880.160.50.770.90.20.790.120.40.30.360.57-0.030.310.330.040.23-0.420.290.330.330.02-0.2-0.01
0.260.04-0.30.59-0.46-0.07-0.42-0.370.65-0.120.610.610.76-0.020.30.860.33-0.890.880.970.530.87-0.40.810.820.750.13-0.750.3
0.310.07-0.180.55-0.340.05-0.25-0.120.61-0.040.430.540.680.030.360.860.38-0.850.880.930.340.72-0.570.70.870.890.16-0.630.29
0.780.620.550.110.430.480.040.00.730.50.240.730.570.780.570.330.38-0.220.470.370.040.05-0.420.120.430.40.65-0.54-0.11
-0.020.250.5-0.550.620.230.260.37-0.440.38-0.34-0.37-0.810.17-0.03-0.89-0.85-0.22-0.8-0.89-0.45-0.770.53-0.76-0.78-0.74-0.070.62-0.2
0.310.03-0.170.61-0.31-0.08-0.27-0.40.6-0.060.70.550.690.150.310.880.880.47-0.80.940.330.62-0.440.640.830.810.29-0.810.38
0.290.03-0.240.58-0.41-0.04-0.34-0.320.64-0.090.60.590.73-0.010.330.970.930.37-0.890.940.480.81-0.480.810.850.810.15-0.730.3
-0.01-0.14-0.180.29-0.23-0.06-0.12-0.050.13-0.170.310.140.19-0.020.040.530.340.04-0.450.330.480.50.120.710.080.00.0-0.170.05
0.160.0-0.370.32-0.51-0.09-0.51-0.280.54-0.140.340.550.62-0.350.230.870.720.05-0.770.620.810.5-0.310.810.740.67-0.11-0.430.1
-0.44-0.23-0.170.12-0.08-0.42-0.13-0.25-0.53-0.250.19-0.53-0.480.07-0.42-0.4-0.57-0.420.53-0.44-0.480.12-0.31-0.48-0.53-0.590.050.150.12
0.2-0.05-0.160.21-0.270.11-0.110.00.43-0.040.290.460.46-0.280.290.810.70.12-0.760.640.810.710.81-0.480.490.46-0.1-0.260.15
0.370.15-0.220.47-0.4-0.04-0.49-0.370.75-0.040.420.650.80.030.330.820.870.43-0.780.830.850.080.74-0.530.490.980.14-0.740.05
0.350.13-0.190.43-0.350.0-0.4-0.260.68-0.020.340.60.730.00.330.750.890.4-0.740.810.810.00.67-0.590.460.980.12-0.650.09
0.220.130.20.40.19-0.050.03-0.260.170.050.370.20.420.720.020.130.160.65-0.070.290.150.0-0.110.05-0.10.140.12-0.430.31
-0.27-0.130.22-0.770.360.190.460.6-0.590.11-0.78-0.49-0.72-0.4-0.2-0.75-0.63-0.540.62-0.81-0.73-0.17-0.430.15-0.26-0.74-0.65-0.43-0.36
-0.21-0.18-0.180.58-0.16-0.20.1-0.13-0.18-0.150.6-0.14-0.010.07-0.010.30.29-0.11-0.20.380.30.050.10.120.150.050.090.31-0.36
Click cells to compare fundamentals

Telefonaktiebolaget Gross Profit Historical Pattern

Today, most investors in Telefonaktiebolaget Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Telefonaktiebolaget's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Telefonaktiebolaget gross profit as a starting point in their analysis.
   Telefonaktiebolaget Gross Profit   
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Telefonaktiebolaget LM Ericsson reported 113.49 B of gross profit. This is 15.52% higher than that of the Communications Equipment sector and significantly higher than that of the Information Technology industry. The gross profit for all United States stocks is significantly lower than that of the firm.

Telefonaktiebolaget Gross Profit 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 Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks 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 gross profit category among related companies.

Telefonaktiebolaget Fundamentals

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.
Last ReportedProjected for 2024
Gross Profit104.4 B66.2 B
Gross Profit Margin 0.40  0.43 

Telefonaktiebolaget Investors Sentiment

The influence of Telefonaktiebolaget's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Telefonaktiebolaget. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Telefonaktiebolaget's public news can be used to forecast risks associated with an investment in Telefonaktiebolaget. The trend in average sentiment can be used to explain how an investor holding Telefonaktiebolaget can time the market purely based on public headlines and social activities around Telefonaktiebolaget LM Ericsson. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Telefonaktiebolaget's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Telefonaktiebolaget's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Telefonaktiebolaget's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Telefonaktiebolaget.
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 Telefonaktiebolaget 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, Telefonaktiebolaget's short interest history, or implied volatility extrapolated from Telefonaktiebolaget options trading.

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 Stock

  0.67MOVE Movano IncPairCorr

Moving against Telefonaktiebolaget Stock

  0.82RGTIW Rigetti ComputingPairCorr
  0.74FLEX Flex Sell-off TrendPairCorr
  0.74GLW Corning Incorporated Financial Report 23rd of April 2024 PairCorr
  0.73CDW CDW Corp Financial Report 1st of May 2024 PairCorr
  0.7NSYS Nortech Systems rporatedPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Telefonaktiebolaget offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Telefonaktiebolaget's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Telefonaktiebolaget Lm Ericsson Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Telefonaktiebolaget Lm Ericsson Stock:
Check out Telefonaktiebolaget Piotroski F Score and Telefonaktiebolaget Altman Z Score analysis.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Telefonaktiebolaget Stock 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.
Equity Valuation
Check real value of public entities based on technical and fundamental data
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Is Telefonaktiebolaget's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Telefonaktiebolaget. If investors know Telefonaktiebolaget will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Telefonaktiebolaget listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.44)
Dividend Share
2.7
Earnings Share
(0.75)
Revenue Per Share
79.084
Quarterly Revenue Growth
(0.16)
The market value of Telefonaktiebolaget is measured differently than its book value, which is the value of Telefonaktiebolaget that is recorded on the company's balance sheet. Investors also form their own opinion of Telefonaktiebolaget's value that differs from its market value or its book value, called intrinsic value, which is Telefonaktiebolaget's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Telefonaktiebolaget's market value can be influenced by many factors that don't directly affect Telefonaktiebolaget's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Telefonaktiebolaget's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telefonaktiebolaget is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telefonaktiebolaget's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.