Telefonaktiebolaget Lm Ericsson Stock Market Capitalization
| ERIC Stock | USD 5.36 0.10 1.90% |
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.
| Last Reported | Projected for Next Year | ||
| Market Cap | 211.3 B | 213.8 B |
Telefonaktiebolaget | Market Capitalization |
Telefonaktiebolaget LM Ericsson Company Market Capitalization Analysis
Telefonaktiebolaget'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 Telefonaktiebolaget Market Capitalization | 17.53 B |
Most of Telefonaktiebolaget'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, Telefonaktiebolaget LM Ericsson is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Telefonaktiebolaget Market Capitalization 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 Market Capitalization. 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.
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Telefonaktiebolaget Market Capitalization 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 market capitalization 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 market capitalization as a starting point in their analysis.
Telefonaktiebolaget Market Capitalization |
| Timeline |
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 |
Telefonaktiebolaget Long Term Debt To Capitalization
Long Term Debt To Capitalization |
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Based on the recorded statements, the market capitalization of Telefonaktiebolaget LM Ericsson is about 17.53 B. This indicator is about the same for the Communications Equipment average (which is currently at 17.63 B) sector and 151.13% higher than that of the Information Technology industry. The market capitalization for all United States stocks is 7.9% higher than that of the company.
Telefonaktiebolaget Market Capitalization 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 Market Capitalization 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 market capitalization category among related companies.
Telefonaktiebolaget Fundamentals
| Return On Equity | -0.21 | ||||
| Return On Asset | 0.0333 | ||||
| Profit Margin | (0.10) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 23.93 B | ||||
| Shares Outstanding | 3.33 B | ||||
| Shares Owned By Institutions | 9.54 % | ||||
| Number Of Shares Shorted | 31.19 M | ||||
| Price To Earning | 9.47 X | ||||
| Price To Book | 1.77 X | ||||
| Price To Sales | 0.06 X | ||||
| Revenue | 263.35 B | ||||
| Gross Profit | 113.49 B | ||||
| EBITDA | 27.96 B | ||||
| Net Income | (26.45 B) | ||||
| Cash And Equivalents | 4.8 B | ||||
| Cash Per Share | 1.46 X | ||||
| Total Debt | 54.33 B | ||||
| Debt To Equity | 0.31 % | ||||
| Current Ratio | 1.17 X | ||||
| Book Value Per Share | 3.25 X | ||||
| Cash Flow From Operations | 7.18 B | ||||
| Short Ratio | 2.02 X | ||||
| Earnings Per Share | (0.69) X | ||||
| Price To Earnings To Growth | 3.53 X | ||||
| Target Price | 4.55 | ||||
| Number Of Employees | 99.14 K | ||||
| Beta | 0.36 | ||||
| Market Capitalization | 17.53 B | ||||
| Total Asset | 310.14 B | ||||
| Retained Earnings | 50.46 B | ||||
| Working Capital | 25.59 B | ||||
| Current Asset | 22.48 B | ||||
| Current Liabilities | 10.33 B | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 1.65 % | ||||
| Net Asset | 310.14 B | ||||
| Last Dividend Paid | 2.7 |
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 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
| 0.64 | CSCO | Cisco Systems Fiscal Quarter End 30th of April 2024 | PairCorr |
| 0.76 | INTC | Intel Earnings Call Tomorrow | PairCorr |
Moving against Telefonaktiebolaget Stock
| 0.68 | CVX | Chevron Corp Earnings Call This Week | PairCorr |
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| 0.6 | MRK | Merck Company Earnings Call Tomorrow | PairCorr |
| 0.59 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.56 | FSTF | First State Financial | PairCorr |
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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.
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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 0.707 | Dividend Share 2.7 | Earnings Share (0.69) | Revenue Per Share 76.307 | Quarterly Revenue Growth (0.15) |
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.