Drillcon Financials
| DRIL Stock | SEK 4.60 0.05 1.10% |
Drillcon |
Understanding current and past Drillcon Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Drillcon's financial statements are interrelated, with each one affecting the others. For example, an increase in Drillcon's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Drillcon's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Drillcon AB. Check Drillcon's Beneish M Score to see the likelihood of Drillcon's management manipulating its earnings.
Drillcon Stock Summary
Drillcon competes with Bjorn Borg, Diadrom Holding, Anoto Group, Cloetta AB, and Corline Biomedical. Drillcon AB , together with its subsidiaries, operates as a diamond core drilling and raise boring contractor. The company was founded in 1963 and is headquartered in Nora, Sweden. Drillcon operates under Metals And Minerals Mining And Exploration classification in Sweden and is traded on Stockholm Stock Exchange.| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0001770702 |
| Business Address | Industrivgen 2, Nora, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.drillcon.se |
| Phone | 46 58 78 28 20 |
| Currency | SEK - Swedish Kronor |
You should never invest in Drillcon without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Drillcon Stock, because this is throwing your money away. Analyzing the key information contained in Drillcon's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Drillcon Key Financial Ratios
Drillcon's financial ratios allow both analysts and investors to convert raw data from Drillcon's financial statements into concise, actionable information that can be used to evaluate the performance of Drillcon over time and compare it to other companies across industries.| Return On Equity | -0.0706 | |||
| Return On Asset | -0.0222 | |||
| Number Of Employees | 286 | |||
| Beta | 0.5 | |||
| Z Score | 4.6 |
Drillcon Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Drillcon's current stock value. Our valuation model uses many indicators to compare Drillcon value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Drillcon competition to find correlations between indicators driving Drillcon's intrinsic value. More Info.Drillcon AB is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . 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 Drillcon's earnings, one of the primary drivers of an investment's value.Drillcon AB Systematic Risk
Drillcon's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Drillcon 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Drillcon AB correlated with the market. If Beta is less than 0 Drillcon generally moves in the opposite direction as compared to the market. If Drillcon Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Drillcon AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Drillcon is generally in the same direction as the market. If Beta > 1 Drillcon moves generally in the same direction as, but more than the movement of the benchmark.
Drillcon December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Drillcon help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Drillcon AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Drillcon AB based on widely used predictive technical indicators. In general, we focus on analyzing Drillcon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Drillcon's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 23.89 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 2.39 |
Additional Tools for Drillcon Stock Analysis
When running Drillcon's price analysis, check to measure Drillcon'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 Drillcon is operating at the current time. Most of Drillcon's value examination focuses on studying past and present price action to predict the probability of Drillcon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Drillcon's price. Additionally, you may evaluate how the addition of Drillcon to your portfolios can decrease your overall portfolio volatility.