Ferronordic Financials
| FNM Stock | SEK 58.20 0.10 0.17% |
Ferronordic |
Understanding current and past Ferronordic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ferronordic's financial statements are interrelated, with each one affecting the others. For example, an increase in Ferronordic's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Ferronordic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ferronordic AB. Check Ferronordic's Beneish M Score to see the likelihood of Ferronordic's management manipulating its earnings.
Ferronordic Stock Summary
Ferronordic competes with TradeDoubler, Kinnevik Investment, Lundin Mining, USWE Sports, and Maven Wireless. Ferronordic AB sells, rents, and services construction equipment and other machines in Russia and Kazakhstan. The company was founded in 2010 and is based in Stockholm, Sweden. Ferronordic is traded on Stockholm Stock Exchange in Sweden.| Foreign Associate | USA |
| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0005468717 |
| Business Address | Nybrogatan 6, Stockholm, |
| Sector | Industrials |
| Industry | Industrial Distribution |
| Benchmark | Dow Jones Industrial |
| Website | www.ferronordic.com |
| Phone | 46 8 50 90 72 80 |
| Currency | SEK - Swedish Kronor |
You should never invest in Ferronordic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ferronordic Stock, because this is throwing your money away. Analyzing the key information contained in Ferronordic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ferronordic Key Financial Ratios
Ferronordic's financial ratios allow both analysts and investors to convert raw data from Ferronordic's financial statements into concise, actionable information that can be used to evaluate the performance of Ferronordic over time and compare it to other companies across industries.| Return On Equity | 0.35 | |||
| Return On Asset | 0.0742 | |||
| Target Price | 273.0 | |||
| Beta | 1.94 | |||
| Z Score | 2.2 |
Ferronordic Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ferronordic's current stock value. Our valuation model uses many indicators to compare Ferronordic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ferronordic competition to find correlations between indicators driving Ferronordic's intrinsic value. More Info.Ferronordic AB 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 0.21 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ferronordic AB is roughly 4.72 . 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 Ferronordic's earnings, one of the primary drivers of an investment's value.Ferronordic AB Systematic Risk
Ferronordic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ferronordic 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Ferronordic AB correlated with the market. If Beta is less than 0 Ferronordic generally moves in the opposite direction as compared to the market. If Ferronordic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ferronordic AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ferronordic is generally in the same direction as the market. If Beta > 1 Ferronordic moves generally in the same direction as, but more than the movement of the benchmark.
Ferronordic December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ferronordic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ferronordic AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ferronordic AB based on widely used predictive technical indicators. In general, we focus on analyzing Ferronordic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ferronordic's daily price indicators and compare them against related drivers.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 8.5 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 3.33 |
Additional Tools for Ferronordic Stock Analysis
When running Ferronordic's price analysis, check to measure Ferronordic'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 Ferronordic is operating at the current time. Most of Ferronordic's value examination focuses on studying past and present price action to predict the probability of Ferronordic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ferronordic's price. Additionally, you may evaluate how the addition of Ferronordic to your portfolios can decrease your overall portfolio volatility.