SSAB AB Financials
| SSAB-A Stock | SEK 50.20 0.52 1.03% |
SSAB |
Understanding current and past SSAB AB Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of SSAB AB's financial statements are interrelated, with each one affecting the others. For example, an increase in SSAB AB's assets may result in an increase in income on the income statement.
Please note, the presentation of SSAB AB'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, SSAB AB's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of SSAB AB's management manipulating its earnings.
SSAB AB Stock Summary
SSAB AB competes with SSAB AB, Boliden AB, AB SKF, Sandvik AB, and Svenska Cellulosa. It operates through five segments SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. SSAB AB was founded in 1978 and is headquartered in Stockholm, Sweden. SSAB AB operates under Steel classification in Sweden and is traded on Stockholm Stock Exchange. It employs 14594 people.| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0000171100 |
| Business Address | Klarabergsviadukten 70, D6, |
| Sector | Basic Materials |
| Industry | Steel |
| Benchmark | Dow Jones Industrial |
| Website | www.ssab.com |
| Phone | 46 84 54 57 00 |
| Currency | SEK - Swedish Kronor |
You should never invest in SSAB AB without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of SSAB Stock, because this is throwing your money away. Analyzing the key information contained in SSAB AB's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
SSAB AB Key Financial Ratios
SSAB AB's financial ratios allow both analysts and investors to convert raw data from SSAB AB's financial statements into concise, actionable information that can be used to evaluate the performance of SSAB AB over time and compare it to other companies across industries.| Return On Equity | -0.15 | |||
| Return On Asset | -0.0247 | |||
| Target Price | 72.69 | |||
| Beta | 1.35 | |||
| Z Score | 6.4 |
SSAB Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SSAB AB's current stock value. Our valuation model uses many indicators to compare SSAB AB value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SSAB AB competition to find correlations between indicators driving SSAB AB's intrinsic value. More Info.SSAB AB 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value SSAB AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SSAB AB'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.SSAB AB Systematic Risk
SSAB AB's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SSAB AB 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 SSAB AB correlated with the market. If Beta is less than 0 SSAB AB generally moves in the opposite direction as compared to the market. If SSAB AB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SSAB AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SSAB AB is generally in the same direction as the market. If Beta > 1 SSAB AB moves generally in the same direction as, but more than the movement of the benchmark.
SSAB AB November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SSAB AB help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SSAB AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of SSAB AB based on widely used predictive technical indicators. In general, we focus on analyzing SSAB Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SSAB AB's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.01 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.65 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 3.46 |
Complementary Tools for SSAB Stock analysis
When running SSAB AB's price analysis, check to measure SSAB AB'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 SSAB AB is operating at the current time. Most of SSAB AB's value examination focuses on studying past and present price action to predict the probability of SSAB AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SSAB AB's price. Additionally, you may evaluate how the addition of SSAB AB to your portfolios can decrease your overall portfolio volatility.
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