AB SKF Financials
| SKF-A Stock | SEK 209.00 1.50 0.72% |
SKF-A |
Understanding current and past AB SKF Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of AB SKF's financial statements are interrelated, with each one affecting the others. For example, an increase in AB SKF's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in AB SKF's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of AB SKF. Check AB SKF's Beneish M Score to see the likelihood of AB SKF's management manipulating its earnings.
AB SKF Stock Summary
AB SKF competes with AB Electrolux, AB SKF, Sandvik AB, Securitas, and Skanska AB. AB SKF provides bearings, seals, condition monitoring, and lubrication systems and services. The company was founded in 1907 and is headquartered in Gothenburg, Sweden. SKF AB operates under Tools Accessories classification in Sweden and is traded on Stockholm Stock Exchange. It employs 41433 people.| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0000108201 |
| Business Address | Sven Wingquists Gata |
| Sector | Industrials |
| Industry | Tools & Accessories |
| Benchmark | Dow Jones Industrial |
| Website | www.skf.com |
| Phone | 46 3 13 37 10 00 |
| Currency | SEK - Swedish Kronor |
You should never invest in AB SKF without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of SKF-A Stock, because this is throwing your money away. Analyzing the key information contained in AB SKF's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
AB SKF Key Financial Ratios
There are many critical financial ratios that AB SKF's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that AB SKF reports annually and quarterly.| Return On Equity | 0.0977 | |||
| Return On Asset | 0.0507 | |||
| Beta | 1.19 | |||
| Z Score | 3.6 | |||
| Last Dividend Paid | 7.0 |
SKF-A Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining AB SKF's current stock value. Our valuation model uses many indicators to compare AB SKF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AB SKF competition to find correlations between indicators driving AB SKF's intrinsic value. More Info.AB SKF is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.52 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for AB SKF is roughly 1.93 . 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 AB SKF's earnings, one of the primary drivers of an investment's value.AB SKF Systematic Risk
AB SKF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. AB SKF 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on AB SKF correlated with the market. If Beta is less than 0 AB SKF generally moves in the opposite direction as compared to the market. If AB SKF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one AB SKF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of AB SKF is generally in the same direction as the market. If Beta > 1 AB SKF moves generally in the same direction as, but more than the movement of the benchmark.
AB SKF November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of AB SKF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of AB SKF. We use our internally-developed statistical techniques to arrive at the intrinsic value of AB SKF based on widely used predictive technical indicators. In general, we focus on analyzing SKF-A Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AB SKF's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.87 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 11.03 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 2.54 |
Additional Tools for SKF-A Stock Analysis
When running AB SKF's price analysis, check to measure AB SKF'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 AB SKF is operating at the current time. Most of AB SKF's value examination focuses on studying past and present price action to predict the probability of AB SKF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB SKF's price. Additionally, you may evaluate how the addition of AB SKF to your portfolios can decrease your overall portfolio volatility.