Elia Group Financials
| ELI Stock | EUR 87.25 0.55 0.63% |
Elia |
Understanding current and past Elia Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Elia Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Elia Group's assets may result in an increase in income on the income statement.
Elia Group Stock Summary
Elia Group competes with Ackermans Van, Groep Brussel, Sofina Socit, Ageas SANV, and Solvay SA. Elia Group SANV operates a transmission system for the electricity network, and for the offshore grids in Belgium and internationally. The company was formerly known as Elia System Operator SA and changed its name to Elia Group SANV in January 2020. ELIA GROUP operates under UtilitiesRegulated Electric classification in Belgium and is traded on Brussels Stock Exchange. It employs 2750 people.| Foreign Associate | USA |
| Instrument | Belgium Stock View All |
| Exchange | Euronext Brussels |
| ISIN | BE0003822393 |
| Business Address | Boulevard de lEmpereur |
| Sector | Electric Utilities |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Website | www.elia.be |
| Phone | 32 2 546 74 29 |
| Currency | EUR - Euro |
You should never invest in Elia Group without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Elia Stock, because this is throwing your money away. Analyzing the key information contained in Elia Group's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Elia Group Key Financial Ratios
There are many critical financial ratios that Elia Group's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Elia Group SANV reports annually and quarterly.| Return On Equity | 0.0708 | |||
| Return On Asset | 0.0036 | |||
| Target Price | 134.0 | |||
| Beta | 0.38 | |||
| Z Score | 0.6 |
Elia Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elia Group's current stock value. Our valuation model uses many indicators to compare Elia Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elia Group competition to find correlations between indicators driving Elia Group's intrinsic value. More Info.Elia 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 0.05 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Elia Group SANV is roughly 19.67 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Elia Group's earnings, one of the primary drivers of an investment's value.Elia Group SANV Systematic Risk
Elia Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Elia 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 Elia Group SANV correlated with the market. If Beta is less than 0 Elia Group generally moves in the opposite direction as compared to the market. If Elia Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elia Group SANV is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elia Group is generally in the same direction as the market. If Beta > 1 Elia Group moves generally in the same direction as, but more than the movement of the benchmark.
Elia Group November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Elia Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Elia Group SANV. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elia Group SANV based on widely used predictive technical indicators. In general, we focus on analyzing Elia Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elia Group's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 6.64 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 2.5 |
Additional Tools for Elia Stock Analysis
When running Elia Group's price analysis, check to measure Elia 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 Elia Group is operating at the current time. Most of Elia Group's value examination focuses on studying past and present price action to predict the probability of Elia 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 Elia Group's price. Additionally, you may evaluate how the addition of Elia Group to your portfolios can decrease your overall portfolio volatility.