Solar AS Financials
| SOLAR-B Stock | DKK 300.00 16.00 5.63% |
Solar |
Understanding current and past Solar AS Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Solar AS's financial statements are interrelated, with each one affecting the others. For example, an increase in Solar AS's assets may result in an increase in income on the income statement.
Please note, the presentation of Solar AS'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, Solar AS's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Solar AS's management manipulating its earnings.
Solar AS Stock Summary
Solar AS competes with Matas AS, NKT AS, ROCKWOOL International, and Dampskibsselskabet. Solar AS operates as a sourcing and services company in electrical, heating and plumbing, ventilation, and climate and energy solutions in the Danish, Swedish, Norwegian, and Dutch markets. The company was founded in 1919 and is based in Vejen, Denmark. Solar B operates under Electrical Equipment classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 2982 people.| Instrument | Denmark Stock View All |
| Exchange | Copenhagen Exchange |
| ISIN | DK0010274844 |
| Business Address | Industrivej Vest 43, |
| Sector | Technology |
| Industry | Electronics Distribution |
| Benchmark | Dow Jones Industrial |
| Website | www.solar.eu |
| Phone | 45 79 30 00 00 |
| Currency | DKK - Danish Krone |
You should never invest in Solar AS without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Solar Stock, because this is throwing your money away. Analyzing the key information contained in Solar AS's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Solar AS Key Financial Ratios
Solar AS's financial ratios allow both analysts and investors to convert raw data from Solar AS's financial statements into concise, actionable information that can be used to evaluate the performance of Solar AS over time and compare it to other companies across industries.| Return On Equity | 0.34 | |||
| Return On Asset | 0.1 | |||
| Target Price | 1020.0 | |||
| Beta | 1.19 | |||
| Z Score | 11.6 |
Solar Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Solar AS's current stock value. Our valuation model uses many indicators to compare Solar AS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Solar AS competition to find correlations between indicators driving Solar AS's intrinsic value. More Info.Solar AS 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 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Solar AS is roughly 3.35 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Solar AS by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Solar AS'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.Solar AS Systematic Risk
Solar AS's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Solar AS 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Solar AS correlated with the market. If Beta is less than 0 Solar AS generally moves in the opposite direction as compared to the market. If Solar AS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Solar AS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Solar AS is generally in the same direction as the market. If Beta > 1 Solar AS moves generally in the same direction as, but more than the movement of the benchmark.
Solar AS November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Solar AS help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Solar AS. We use our internally-developed statistical techniques to arrive at the intrinsic value of Solar AS based on widely used predictive technical indicators. In general, we focus on analyzing Solar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Solar AS's daily price indicators and compare them against related drivers.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 7.36 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 2.37 |
Complementary Tools for Solar Stock analysis
When running Solar AS's price analysis, check to measure Solar AS'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 Solar AS is operating at the current time. Most of Solar AS's value examination focuses on studying past and present price action to predict the probability of Solar AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solar AS's price. Additionally, you may evaluate how the addition of Solar AS to your portfolios can decrease your overall portfolio volatility.
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