Atea ASA Financials

ATEA Stock  NOK 129.80  1.00  0.78%   
We suggest to use Atea ASA fundamental analysis to see if markets are presently undervaluing or overvaluing the company. Put another way, you can use it to find out if Atea ASA is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate thirty-nine available fundamental indicators for Atea ASA, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all Atea ASA financials, including its current valuation, shares owned by insiders, and the relationship between the operating margin and shares outstanding . The stock experiences a moderate upward volatility. Check odds of Atea ASA to be traded at 142.78 in 90 days.
With this module, you can analyze Atea financials for your investing period. You should be able to track the changes in Atea ASA individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Atea ASA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Atea ASA's financial statements are interrelated, with each one affecting the others. For example, an increase in Atea ASA's assets may result in an increase in income on the income statement.
Evaluating Atea ASA's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Atea ASA's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Atea ASA's relative financial performance

Chance Of Distress

Less than 14

 
100  
 
Zero
Low
Atea ASA has less than 14 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Atea ASA stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Atea ASA's odds of distress score SHOULD NOT be confused with the real chance of Atea ASA filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Atea is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Atea ASA's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Atea ASA's official financial statements usually reflect Atea ASA's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Atea ASA. For example, before you start analyzing numbers published by Atea accountants, it's critical to develop an understanding of what Atea ASA's liquidity, profitability, and earnings quality are in the context of the IT Services space in which it operates.
Please note, the presentation of Atea ASA'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, Atea ASA's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Atea ASA's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Atea ASA. Please utilize our Beneish M Score to check the likelihood of Atea ASA's management manipulating its earnings.

Atea ASA Company Summary

Atea ASA competes with Prosafe SE, Seadrill, Pioneer Property, and Akastor ASA. 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.
Foreign Associate
  USA
InstrumentNorway Stock View All
ExchangeOslo Stock Exchange
ISINNO0004822503
Business AddressKarvesvingen 5, Oslo,
SectorIT Services
IndustryInformation Technology
BenchmarkNYSE Composite
Websitewww.atea.com
Phone47 22 09 50 00
CurrencyNOK - Kroner
You should never invest in Atea ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Atea Stock, because this is throwing your money away. Analyzing the key information contained in Atea ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Atea ASA Key Financial Ratios

Generally speaking, Atea ASA's financial ratios allow both analysts and investors to convert raw data from Atea ASA's financial statements into concise, actionable information that can be used to evaluate the performance of Atea ASA over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Atea ASA reports annually and quarterly.

Atea Financial Ratios 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 number one stock in current ratio category among related companies. It is number one stock in number of employees category among related companies creating about  9,727  of Number Of Employees per Current Ratio. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Atea ASA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Atea ASA'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. 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.

Atea ASA Systematic Risk

Atea ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Atea ASA 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Atea ASA correlated with the market. If Beta is less than 0 Atea ASA generally moves in the opposite direction as compared to the market. If Atea ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Atea ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Atea ASA is generally in the same direction as the market. If Beta > 1 Atea ASA moves generally in the same direction as, but more than the movement of the benchmark.

About Atea ASA Financials

What exactly are Atea ASA Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Atea ASA's income statement, its balance sheet, and the statement of cash flows. Potential Atea ASA investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Atea ASA investors may use each financial statement separately, they are all related. The changes in Atea ASA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Atea ASA's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Atea ASA Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Atea ASA is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Atea has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Atea ASA's financials are consistent with your investment objective using the following steps:
  • Review Atea ASA's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Atea ASA's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Atea ASA's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Atea ASA's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Atea ASA March 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Atea ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Atea ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Atea ASA based on widely used predictive technical indicators. In general, we focus on analyzing Atea Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Atea ASA's daily price indicators and compare them against related drivers.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atea ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Atea ASA's price analysis, check to measure Atea ASA'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 Atea ASA is operating at the current time. Most of Atea ASA's value examination focuses on studying past and present price action to predict the probability of Atea ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atea ASA's price. Additionally, you may evaluate how the addition of Atea ASA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Atea ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atea ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atea ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.