Atea Financial Statements From 2010 to 2024
| MKL Stock | EUR 11.44 0.14 1.21% |
Check Atea ASA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Atea ASA's main balance sheet or income statement drivers, such as , as well as many indicators such as . Atea financial statements analysis is a perfect complement when working with Atea ASA Valuation or Volatility modules.
Atea |
Atea ASA Company Price To Book Analysis
Atea ASA's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Atea ASA Price To Book | 3.35 X |
Most of Atea ASA's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Atea ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Atea ASA has a Price To Book of 3.3489 times. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The price to book for all Germany stocks is notably lower than that of the firm.
Atea ASA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Atea ASA's current stock value. Our valuation model uses many indicators to compare Atea ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Atea ASA competition to find correlations between indicators driving Atea ASA's intrinsic value. More Info.Atea ASA is rated below average in current valuation category among its peers. It also is rated below average in price to book category among its peers . The ratio of Current Valuation to Price To Book for Atea ASA is about 423,362,274 . 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 Atea ASA's earnings, one of the primary drivers of an investment's value.About Atea ASA Financial Statements
Atea ASA stakeholders use historical fundamental indicators, such as Atea ASA's revenue or net income, to determine how well the company is positioned to perform in the future. Although Atea ASA investors may analyze each financial statement separately, they are all interrelated. For example, changes in Atea ASA's assets and liabilities are reflected in the revenues and expenses on Atea ASA's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Atea ASA. Please read more on our technical analysis and fundamental analysis pages.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.