Drillcon Ab Stock EBITDA
DRIL Stock | SEK 6.24 0.06 0.95% |
Drillcon AB fundamentals help investors to digest information that contributes to Drillcon's financial success or failures. It also enables traders to predict the movement of Drillcon Stock. The fundamental analysis module provides a way to measure Drillcon'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 Drillcon stock.
Drillcon |
Drillcon AB Company EBITDA Analysis
Drillcon's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Drillcon EBITDA | 22.5 M |
Most of Drillcon's fundamental indicators, such as EBITDA, 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, Drillcon AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition |
According to the company disclosure, Drillcon AB reported earnings before interest,tax, depreciation and amortization of 22.5 M. This is 96.14% lower than that of the Metals & Mining sector and 95.91% lower than that of the Materials industry. The ebitda for all Sweden stocks is 99.42% higher than that of the company.
Drillcon EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Drillcon's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Drillcon could also be used in its relative valuation, which is a method of valuing Drillcon by comparing valuation metrics of similar companies.Drillcon is currently under evaluation in ebitda category among related companies.
Drillcon Fundamentals
Return On Equity | -0.0706 | |||
Return On Asset | -0.0222 | |||
Profit Margin | (0.02) % | |||
Operating Margin | (0.03) % | |||
Current Valuation | 331.29 M | |||
Shares Outstanding | 44.6 M | |||
Shares Owned By Insiders | 13.47 % | |||
Shares Owned By Institutions | 56.47 % | |||
Price To Earning | 10.10 X | |||
Price To Book | 1.74 X | |||
Price To Sales | 0.60 X | |||
Revenue | 374.07 M | |||
Gross Profit | 307.24 M | |||
EBITDA | 22.5 M | |||
Net Income | (6.87 M) | |||
Cash And Equivalents | 10.3 M | |||
Cash Per Share | 0.89 X | |||
Total Debt | 43.88 M | |||
Debt To Equity | 37.60 % | |||
Current Ratio | 1.45 X | |||
Book Value Per Share | 3.05 X | |||
Cash Flow From Operations | (665 K) | |||
Earnings Per Share | (0.22) X | |||
Number Of Employees | 286 | |||
Beta | 0.5 | |||
Market Capitalization | 267.15 M | |||
Total Asset | 323.49 M | |||
Retained Earnings | 37 M | |||
Working Capital | 70 M | |||
Current Asset | 131 M | |||
Current Liabilities | 61 M | |||
Z Score | 4.6 | |||
Annual Yield | 0.12 % | |||
Five Year Return | 8.06 % | |||
Net Asset | 323.49 M |
About Drillcon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Drillcon AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Drillcon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Drillcon 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.
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 Drillcon 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, Drillcon's short interest history, or implied volatility extrapolated from Drillcon options trading.
Pair Trading with Drillcon
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 Drillcon 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 Drillcon will appreciate offsetting losses from the drop in the long position's value.Moving against Drillcon Stock
0.68 | ABSO | Absolent Group AB | PairCorr |
The ability to find closely correlated positions to Drillcon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Drillcon 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 Drillcon - 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 Drillcon AB to buy it.
The correlation of Drillcon 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 Drillcon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Drillcon 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 Drillcon 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Drillcon AB. 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary 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.
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