Eastnine Ab Stock Fundamentals
EAST Stock | SEK 173.00 3.00 1.70% |
Eastnine AB fundamentals help investors to digest information that contributes to Eastnine's financial success or failures. It also enables traders to predict the movement of Eastnine Stock. The fundamental analysis module provides a way to measure Eastnine'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 Eastnine stock.
Eastnine |
Eastnine Current Valuation Analysis
Eastnine's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Eastnine Current Valuation | 3.44 B |
Most of Eastnine's fundamental indicators, such as Current Valuation, 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, Eastnine AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition |
In accordance with the recently published financial statements, Eastnine AB has a Current Valuation of 3.44 B. This is 89.52% lower than that of the Financial Services sector and 54.04% lower than that of the Asset Management industry. The current valuation for all Sweden stocks is 79.31% higher than that of the company.
Eastnine AB Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eastnine's current stock value. Our valuation model uses many indicators to compare Eastnine value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eastnine competition to find correlations between indicators driving Eastnine's intrinsic value. More Info.Eastnine AB is one of the top stocks in price to earning category among related companies. It is one of the top stocks in debt to equity category among related companies fabricating about 0.40 of Debt To Equity per Price To Earning. The ratio of Price To Earning to Debt To Equity for Eastnine AB is roughly 2.50 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Eastnine by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eastnine'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 Eastnine's earnings, one of the primary drivers of an investment's value.Eastnine Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eastnine's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eastnine could also be used in its relative valuation, which is a method of valuing Eastnine by comparing valuation metrics of similar companies.Eastnine is currently under evaluation in total debt category among related companies.
Eastnine Fundamentals
Return On Equity | 0.25 | |||
Return On Asset | 0.0195 | |||
Profit Margin | 3.58 % | |||
Operating Margin | 0.77 % | |||
Current Valuation | 3.44 B | |||
Shares Outstanding | 21.15 M | |||
Shares Owned By Insiders | 69.09 % | |||
Shares Owned By Institutions | 9.24 % | |||
Price To Earning | 91.24 X | |||
Price To Book | 0.69 X | |||
Price To Sales | 84.73 X | |||
Revenue | 26.64 M | |||
Gross Profit | 27.49 M | |||
EBITDA | 23.33 M | |||
Net Income | 72.33 M | |||
Cash And Equivalents | 29.2 M | |||
Cash Per Share | 3.13 X | |||
Total Debt | 235.91 M | |||
Debt To Equity | 36.50 % | |||
Current Ratio | 7.57 X | |||
Book Value Per Share | 21.55 X | |||
Cash Flow From Operations | 17.49 M | |||
Earnings Per Share | 18.89 X | |||
Target Price | 132.96 | |||
Number Of Employees | 23 | |||
Beta | 0.99 | |||
Market Capitalization | 2.78 B | |||
Total Asset | 652.52 M | |||
Z Score | 6.6 | |||
Annual Yield | 0.03 % | |||
Net Asset | 652.52 M | |||
Last Dividend Paid | 0.31 |
About Eastnine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eastnine AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastnine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastnine 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.Eastnine AB is a private equity firm specializing in direct investments in private and public companies. Eastnine AB was founded in November 2007 and is based in Stockholm, Sweden with additional office in Tallinn, Estonia. Eastnine operates under Asset Management classification in Sweden and is traded on Stockholm Stock Exchange. It employs 16 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 Eastnine 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, Eastnine's short interest history, or implied volatility extrapolated from Eastnine options trading.
Pair Trading with Eastnine
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 Eastnine 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 Eastnine will appreciate offsetting losses from the drop in the long position's value.Moving against Eastnine Stock
0.51 | SHB-B | Svenska Handelsbanken | PairCorr |
0.48 | SHB-A | Svenska Handelsbanken | PairCorr |
0.47 | SEB-C | Skandinaviska Enskilda | PairCorr |
The ability to find closely correlated positions to Eastnine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastnine 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 Eastnine - 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 Eastnine AB to buy it.
The correlation of Eastnine 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 Eastnine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastnine 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 Eastnine 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 Eastnine Piotroski F Score and Eastnine Altman Z Score analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Eastnine Stock analysis
When running Eastnine's price analysis, check to measure Eastnine'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 Eastnine is operating at the current time. Most of Eastnine's value examination focuses on studying past and present price action to predict the probability of Eastnine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastnine's price. Additionally, you may evaluate how the addition of Eastnine to your portfolios can decrease your overall portfolio volatility.
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