Elekta AB Financials
| EKTA-B Stock | SEK 64.10 0.60 0.93% |
Elekta |
Understanding current and past Elekta AB Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Elekta AB's financial statements are interrelated, with each one affecting the others. For example, an increase in Elekta AB's assets may result in an increase in income on the income statement.
Please note, the presentation of Elekta 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, Elekta AB's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Elekta AB's management manipulating its earnings.
Elekta AB Stock Summary
Elekta AB competes with Getinge AB, AddLife AB, Biotage AB, and Synsam AB. Elekta AB provides equipment and software for cancer and brain disorders worldwide. The company was founded in 1972 and is headquartered in Stockholm, Sweden. Elekta AB operates under Medical Instruments Supplies classification in Sweden and is traded on Stockholm Stock Exchange. It employs 3897 people.| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0000163628 |
| Business Address | Kungstensgatan 18, Stockholm, |
| Sector | Healthcare |
| Industry | Medical Instruments & Supplies |
| Benchmark | Dow Jones Industrial |
| Website | www.elekta.com |
| Phone | 46 8 58 72 54 00 |
| Currency | SEK - Swedish Kronor |
You should never invest in Elekta AB without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Elekta Stock, because this is throwing your money away. Analyzing the key information contained in Elekta AB's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Elekta AB Key Financial Ratios
Elekta AB's financial ratios allow both analysts and investors to convert raw data from Elekta AB's financial statements into concise, actionable information that can be used to evaluate the performance of Elekta AB over time and compare it to other companies across industries.| Return On Equity | 0.0962 | |||
| Return On Asset | 0.0343 | |||
| Target Price | 73.45 | |||
| Beta | 0.96 | |||
| Z Score | 3.6 |
Elekta Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elekta AB's current stock value. Our valuation model uses many indicators to compare Elekta AB value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elekta AB competition to find correlations between indicators driving Elekta AB's intrinsic value. More Info.Elekta AB is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Elekta AB is roughly 2.80 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Elekta AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Elekta 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.Elekta AB Systematic Risk
Elekta AB's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Elekta 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Elekta AB correlated with the market. If Beta is less than 0 Elekta AB generally moves in the opposite direction as compared to the market. If Elekta AB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elekta AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elekta AB is generally in the same direction as the market. If Beta > 1 Elekta AB moves generally in the same direction as, but more than the movement of the benchmark.
Elekta AB November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Elekta AB help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Elekta AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elekta AB based on widely used predictive technical indicators. In general, we focus on analyzing Elekta Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elekta AB's daily price indicators and compare them against related drivers.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 7.62 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 2.62 |
Complementary Tools for Elekta Stock analysis
When running Elekta AB's price analysis, check to measure Elekta 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 Elekta AB is operating at the current time. Most of Elekta AB's value examination focuses on studying past and present price action to predict the probability of Elekta 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 Elekta AB's price. Additionally, you may evaluate how the addition of Elekta AB to your portfolios can decrease your overall portfolio volatility.
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