Addnode Group Financials
| ANOD-B Stock | SEK 109.30 0.60 0.55% |
Addnode |
Understanding current and past Addnode Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Addnode Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Addnode Group's assets may result in an increase in income on the income statement.
Please note, the presentation of Addnode Group'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, Addnode Group's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Addnode Group's management manipulating its earnings.
Addnode Group Stock Summary
Addnode Group competes with Lagercrantz Group, Addtech AB, Vitec Software, AddLife AB, and Lifco AB. 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.| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0017885767 |
| Business Address | Hudiksvallsgatan 4B, Stockholm, |
| Sector | Technology |
| Industry | Information Technology Services |
| Benchmark | Dow Jones Industrial |
| Website | www.addnodegroup.com |
| Phone | 46 86 30 70 70 |
| Currency | SEK - Swedish Kronor |
You should never invest in Addnode Group without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Addnode Stock, because this is throwing your money away. Analyzing the key information contained in Addnode Group's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Addnode Group Key Financial Ratios
Addnode Group's financial ratios allow both analysts and investors to convert raw data from Addnode Group's financial statements into concise, actionable information that can be used to evaluate the performance of Addnode Group over time and compare it to other companies across industries.| Return On Equity | 0.21 | |||
| Return On Asset | 0.0613 | |||
| Target Price | 125.0 | |||
| Beta | 1.27 | |||
| Z Score | 12.6 |
Addnode Financial Ratios 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 return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Addnode Group AB is roughly 3.37 . 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.Addnode Group AB Systematic Risk
Addnode Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Addnode Group 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 with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Addnode Group AB correlated with the market. If Beta is less than 0 Addnode Group generally moves in the opposite direction as compared to the market. If Addnode Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Addnode Group AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Addnode Group is generally in the same direction as the market. If Beta > 1 Addnode Group moves generally in the same direction as, but more than the movement of the benchmark.
Addnode Group February 27, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Addnode Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Addnode Group AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Addnode Group AB based on widely used predictive technical indicators. In general, we focus on analyzing Addnode Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Addnode Group's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.0634 | |||
| Maximum Drawdown | 18.69 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 2.75 |
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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