Econocom Group Financials
| ECONB Stock | EUR 2.01 0.03 1.47% |
Econocom |
Understanding current and past Econocom Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Econocom Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Econocom Group's assets may result in an increase in income on the income statement.
Please note, the presentation of Econocom Group's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Econocom Group's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Econocom Group's management manipulating its earnings.
Econocom Group Stock Summary
Econocom Group competes with NV Bekaert, EVS Broadcast, Ontex Group, Tessenderlo, and Barco NV. Econocom Group SE conceives, finances, and facilitates the digital transformation of large firms and public organizations. The company was incorporated in 1982 and is headquartered in Puteaux, France. ECONOCOM GROUP operates under Search Cloud And Integrated IT Services classification in Belgium and is traded on Brussels Stock Exchange. It employs 8895 people.| Instrument | Belgium Stock View All |
| Exchange | Euronext Brussels |
| ISIN | BE0974313455 |
| Business Address | 11 square Lon |
| Sector | IT Services |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.econocom.com |
| Phone | 33 1 41 67 31 00 |
| Currency | EUR - Euro |
You should never invest in Econocom Group without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Econocom Stock, because this is throwing your money away. Analyzing the key information contained in Econocom Group's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Econocom Group Key Financial Ratios
Econocom Group's financial ratios allow both analysts and investors to convert raw data from Econocom Group's financial statements into concise, actionable information that can be used to evaluate the performance of Econocom Group over time and compare it to other companies across industries.| Return On Equity | 0.21 | |||
| Return On Asset | 0.0373 | |||
| Target Price | 3.5 | |||
| Beta | 1.37 | |||
| Z Score | 2.2 |
Econocom Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Econocom Group's current stock value. Our valuation model uses many indicators to compare Econocom Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Econocom Group competition to find correlations between indicators driving Econocom Group's intrinsic value. More Info.Econocom Group SANV 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 0.18 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Econocom Group SANV is roughly 5.71 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Econocom Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Econocom Group's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Econocom Group SANV Systematic Risk
Econocom Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Econocom Group volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Econocom Group SANV correlated with the market. If Beta is less than 0 Econocom Group generally moves in the opposite direction as compared to the market. If Econocom Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Econocom Group SANV is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Econocom Group is generally in the same direction as the market. If Beta > 1 Econocom Group moves generally in the same direction as, but more than the movement of the benchmark.
Econocom Group November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Econocom Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Econocom Group SANV. We use our internally-developed statistical techniques to arrive at the intrinsic value of Econocom Group SANV based on widely used predictive technical indicators. In general, we focus on analyzing Econocom Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Econocom Group's daily price indicators and compare them against related drivers.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 9.57 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 1.51 |
Complementary Tools for Econocom Stock analysis
When running Econocom Group's price analysis, check to measure Econocom Group'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 Econocom Group is operating at the current time. Most of Econocom Group's value examination focuses on studying past and present price action to predict the probability of Econocom Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Econocom Group's price. Additionally, you may evaluate how the addition of Econocom Group to your portfolios can decrease your overall portfolio volatility.
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