Addnode Group Ab Stock Fundamentals
ANOD-B Stock | SEK 114.40 0.80 0.70% |
Addnode Group AB fundamentals help investors to digest information that contributes to Addnode Group's financial success or failures. It also enables traders to predict the movement of Addnode Stock. The fundamental analysis module provides a way to measure Addnode Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Addnode Group stock.
Addnode |
Addnode Shares Outstanding Analysis
Addnode Group's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Addnode Group Shares Outstanding | 129.55 M |
Most of Addnode Group's fundamental indicators, such as Shares Outstanding, 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, Addnode Group AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition |
Based on the latest financial disclosure, Addnode Group AB has 129.55 M of shares currently outstending. This is 31.79% lower than that of the Technology sector and 55.14% lower than that of the Information Technology Services industry. The shares outstanding for all Sweden stocks is 77.34% higher than that of the company.
Addnode Group AB Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Addnode Group's current stock value. Our valuation model uses many indicators to compare Addnode Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Addnode Group competition to find correlations between indicators driving Addnode Group's intrinsic value. More Info.Addnode Group AB is number one stock in price to sales category among related companies. It is number one stock in working capital category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Addnode Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Addnode Group'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 Addnode Group's earnings, one of the primary drivers of an investment's value.Addnode Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Addnode Group's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Addnode Group could also be used in its relative valuation, which is a method of valuing Addnode Group by comparing valuation metrics of similar companies.Addnode Group is currently under evaluation in total asset category among related companies.
Addnode Fundamentals
Return On Equity | 0.21 | |||
Return On Asset | 0.0613 | |||
Profit Margin | 0.06 % | |||
Operating Margin | 0.08 % | |||
Current Valuation | 14.21 B | |||
Shares Outstanding | 129.55 M | |||
Shares Owned By Insiders | 5.70 % | |||
Shares Owned By Institutions | 71.50 % | |||
Price To Earning | 35.89 X | |||
Price To Book | 7.32 X | |||
Price To Sales | 2.40 X | |||
Revenue | 4.08 B | |||
Gross Profit | 1.23 B | |||
EBITDA | 543 M | |||
Net Income | 223 M | |||
Cash And Equivalents | 406 M | |||
Cash Per Share | 4.58 X | |||
Total Debt | 718 M | |||
Debt To Equity | 63.10 % | |||
Current Ratio | 0.61 X | |||
Book Value Per Share | 15.02 X | |||
Cash Flow From Operations | 437 M | |||
Earnings Per Share | 2.68 X | |||
Target Price | 125.0 | |||
Number Of Employees | 2.37 K | |||
Beta | 1.27 | |||
Market Capitalization | 15.41 B | |||
Total Asset | 4.32 B | |||
Working Capital | (121 M) | |||
Current Asset | 806 M | |||
Current Liabilities | 927 M | |||
Z Score | 12.6 | |||
Annual Yield | 0.01 % | |||
Five Year Return | 3.44 % | |||
Net Asset | 4.32 B | |||
Last Dividend Paid | 1.0 |
About Addnode Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Addnode Group AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Addnode Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Addnode Group AB based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Addnode Group AB provides software and services for the design, construction, product data information, project collaboration, and property management. The company was founded in 2002 and is based in Stockholm, Sweden. Addnode Group operates under Software Providers classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1656 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Addnode Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Addnode Group's short interest history, or implied volatility extrapolated from Addnode Group options trading.
Pair Trading with Addnode Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Addnode Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Addnode Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Addnode Stock
0.86 | LAGR-B | Lagercrantz Group | PairCorr |
0.72 | DUST | Dustin Group AB | PairCorr |
Moving against Addnode Stock
0.93 | XVIVO | Xvivo Perfusion AB | PairCorr |
0.91 | TETY | Tethys Oil AB | PairCorr |
0.77 | GENO | Genovis AB | PairCorr |
0.67 | B3 | B3 Consulting Group | PairCorr |
0.45 | HAV-B | Havsfrun Investment | PairCorr |
The ability to find closely correlated positions to Addnode Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Addnode Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Addnode Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Addnode Group AB to buy it.
The correlation of Addnode Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Addnode Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Addnode Group AB moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Addnode Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Addnode Group Piotroski F Score and Addnode Group Altman Z Score analysis. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Addnode Stock analysis
When running Addnode Group's price analysis, check to measure Addnode Group'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 Addnode Group is operating at the current time. Most of Addnode Group's value examination focuses on studying past and present price action to predict the probability of Addnode Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addnode Group's price. Additionally, you may evaluate how the addition of Addnode Group to your portfolios can decrease your overall portfolio volatility.
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