Itera ASA (Norway) Performance
| ITERA Stock | NOK 9.00 0.06 0.66% |
The company retains a Market Volatility (i.e., Beta) of -0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Itera ASA are expected to decrease at a much lower rate. During the bear market, Itera ASA is likely to outperform the market. At this point, Itera ASA has a negative expected return of -0.31%. Please make sure to check out Itera ASA's information ratio, skewness, day typical price, as well as the relationship between the treynor ratio and daily balance of power , to decide if Itera 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 Itera ASA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
| Begin Period Cash Flow | 54.4 M | |
| Total Cashflows From Investing Activities | -32.8 M |
Itera |
Itera ASA Relative Risk vs. Return Landscape
If you would invest 1,136 in Itera ASA on August 24, 2024 and sell it today you would lose (230.00) from holding Itera ASA or give up 20.25% of portfolio value over 90 days. Itera ASA is generating negative expected returns and assumes 2.9868% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Itera, 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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Itera ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Itera ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Itera ASA, and traders can use it to determine the average amount a Itera 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 = -0.1034
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Estimated Market Risk
| 2.99 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Itera 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 Itera ASA by adding Itera ASA to a well-diversified portfolio.
Itera ASA Fundamentals Growth
Itera Stock prices reflect investors' perceptions of the future prospects and financial health of Itera ASA, and Itera 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 Itera Stock performance.
| Return On Equity | 0.84 | |||
| Return On Asset | 0.16 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 1.11 B | |||
| Shares Outstanding | 81.18 M | |||
| Price To Earning | 27.19 X | |||
| Price To Book | 17.35 X | |||
| Price To Sales | 1.54 X | |||
| Revenue | 633.06 M | |||
| EBITDA | 86.19 M | |||
| Cash And Equivalents | 26.95 M | |||
| Cash Per Share | 0.51 X | |||
| Total Debt | 20.04 M | |||
| Debt To Equity | 0.71 % | |||
| Book Value Per Share | 0.80 X | |||
| Cash Flow From Operations | 69.74 M | |||
| Earnings Per Share | 0.54 X | |||
| Total Asset | 221.13 M | |||
About Itera ASA Performance
By examining Itera ASA's fundamental ratios, stakeholders can obtain critical insights into Itera 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 Itera 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.
Itera ASA, together with its subsidiaries, designs, develops, and operates digital solutions for companies and organizations in Norway, Sweden, Denmark, Slovakia, and Ukraine. Itera ASA was founded in 1989 and is headquartered in Oslo, Norway. ITERA ASA operates under Information Technology Services classification in Norway and is traded on Oslo Stock Exchange. It employs 567 people.Things to note about Itera ASA performance evaluation
Checking the ongoing alerts about Itera ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Itera ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Itera ASA generated a negative expected return over the last 90 days | |
| Itera ASA has accumulated 20.04 M in total debt with debt to equity ratio (D/E) of 0.71, which is about average as compared to similar companies. Itera ASA has a current ratio of 0.91, 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 Itera ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Itera 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 Itera ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Itera to invest in growth at high rates of return. When we think about Itera ASA's use of debt, we should always consider it together with cash and equity. | |
| About 66.0% of Itera ASA shares are held by company insiders |
- Analyzing Itera 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 Itera ASA's stock is overvalued or undervalued compared to its peers.
- Examining Itera 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 Itera ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Itera ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Itera ASA's stock. These opinions can provide insight into Itera ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Itera Stock
Itera ASA financial ratios help investors to determine whether Itera 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 Itera with respect to the benefits of owning Itera ASA security.