Atea ASA (Norway) Performance
| ATEA Stock | NOK 133.20 3.20 2.46% |
The firm shows a Beta (market volatility) of -0.0081, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Atea ASA are expected to decrease at a much lower rate. During the bear market, Atea ASA is likely to outperform the market. At this point, Atea ASA has a negative expected return of -0.1%. Please make sure to confirm Atea ASA's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Atea ASA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Atea ASA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest conflicting performance, the Stock's essential indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
| Begin Period Cash Flow | 1.6 B | |
| Total Cashflows From Investing Activities | -273 M |
Atea |
Atea ASA Relative Risk vs. Return Landscape
If you would invest 14,043 in Atea ASA on August 24, 2024 and sell it today you would lose (1,043) from holding Atea ASA or give up 7.43% of portfolio value over 90 days. Atea ASA is generating negative expected returns and assumes 1.8455% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Atea, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Atea ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atea ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Atea ASA, and traders can use it to determine the average amount a Atea ASA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0552
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| Negative Returns | ATEA |
Estimated Market Risk
| 1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Atea ASA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Atea ASA by adding Atea ASA to a well-diversified portfolio.
Atea ASA Fundamentals Growth
Atea Stock prices reflect investors' perceptions of the future prospects and financial health of Atea ASA, and Atea ASA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Atea Stock performance.
| Return On Equity | 0.23 | |||
| Return On Asset | 0.0441 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 14.79 B | |||
| Shares Outstanding | 110.6 M | |||
| Price To Earning | 27.00 X | |||
| Price To Book | 3.29 X | |||
| Price To Sales | 0.29 X | |||
| Revenue | 41.32 B | |||
| EBITDA | 1.65 B | |||
| Cash And Equivalents | 1.35 B | |||
| Cash Per Share | 6.75 X | |||
| Total Debt | 1.51 B | |||
| Debt To Equity | 71.10 % | |||
| Book Value Per Share | 33.96 X | |||
| Cash Flow From Operations | 1.1 B | |||
| Earnings Per Share | 7.57 X | |||
| Total Asset | 16.05 B | |||
| Retained Earnings | 596 M | |||
| Current Asset | 5.57 B | |||
| Current Liabilities | 6.58 B | |||
About Atea ASA Performance
By examining Atea ASA's fundamental ratios, stakeholders can obtain critical insights into Atea ASA's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Atea ASA is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Atea ASA supplies IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions. The company was founded in 1968 and is headquartered in Oslo, Norway. ATEA ASA operates under Computers Phones And Devices classification in Norway and is traded on Oslo Stock Exchange. It employs 7419 people.Things to note about Atea ASA performance evaluation
Checking the ongoing alerts about Atea ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Atea ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Atea ASA generated a negative expected return over the last 90 days | |
| Atea ASA has accumulated 1.51 Billion in debt which can lead to volatile earnings | |
| Atea ASA has accumulated 1.51 B in total debt with debt to equity ratio (D/E) of 71.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Atea ASA has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Atea ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Atea ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Atea ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Atea to invest in growth at high rates of return. When we think about Atea ASA's use of debt, we should always consider it together with cash and equity. | |
| About 28.0% of Atea ASA shares are held by company insiders |
- Analyzing Atea ASA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Atea ASA's stock is overvalued or undervalued compared to its peers.
- Examining Atea ASA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Atea ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Atea ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Atea ASA's stock. These opinions can provide insight into Atea ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Atea Stock
Atea ASA financial ratios help investors to determine whether Atea Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Atea with respect to the benefits of owning Atea ASA security.