Elastron Financials
| ELSTR Stock | EUR 1.98 0.02 1.00% |
Elastron |
Understanding current and past Elastron Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Elastron's financial statements are interrelated, with each one affecting the others. For example, an increase in Elastron's assets may result in an increase in income on the income statement.
Please note, the presentation of Elastron'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, Elastron's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Elastron's management manipulating its earnings.
Elastron Stock Summary
Elastron competes with Thrace Plastics, GEK TERNA, Motor Oil, Hellenic Petroleum, and Mytilineos. Elastron S.A. - Steel Service Centers imports, processes, produces, and resells steel products and insulated composite panels worldwide. The company was founded in 1958 and is based in Aspropyrgos, Greece. ELASTRON S operates under Steel Iron classification in Greece and is traded on Athens Stock Exchange. It employs 124 people.| Instrument | Greece Stock View All |
| Exchange | Athens Exchange |
| ISIN | GRS088003017 |
| Business Address | Agios Ioannis Street, |
| Sector | Basic Materials |
| Industry | Steel & Iron |
| Benchmark | Dow Jones Industrial |
| Website | www.elastron.gr |
| Phone | 30 210 55 15 000 |
| Currency | EUR - Euro |
You should never invest in Elastron without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Elastron Stock, because this is throwing your money away. Analyzing the key information contained in Elastron's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Elastron Key Financial Ratios
Elastron's financial ratios allow both analysts and investors to convert raw data from Elastron's financial statements into concise, actionable information that can be used to evaluate the performance of Elastron over time and compare it to other companies across industries.| Return On Equity | 0.18 | |||
| Return On Asset | 0.0735 | |||
| Number Of Employees | 124 | |||
| Beta | 0.96 | |||
| Z Score | 0.6 |
Elastron Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elastron's current stock value. Our valuation model uses many indicators to compare Elastron value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elastron competition to find correlations between indicators driving Elastron's intrinsic value. More Info.Elastron SA is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Elastron SA is roughly 2.47 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Elastron by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Elastron'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.Elastron SA Systematic Risk
Elastron's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Elastron 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Elastron SA correlated with the market. If Beta is less than 0 Elastron generally moves in the opposite direction as compared to the market. If Elastron Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elastron SA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elastron is generally in the same direction as the market. If Beta > 1 Elastron moves generally in the same direction as, but more than the movement of the benchmark.
Elastron December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Elastron help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Elastron SA . We use our internally-developed statistical techniques to arrive at the intrinsic value of Elastron SA based on widely used predictive technical indicators. In general, we focus on analyzing Elastron Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elastron's daily price indicators and compare them against related drivers.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 7.99 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 1.98 |
Complementary Tools for Elastron Stock analysis
When running Elastron's price analysis, check to measure Elastron'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 Elastron is operating at the current time. Most of Elastron's value examination focuses on studying past and present price action to predict the probability of Elastron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elastron's price. Additionally, you may evaluate how the addition of Elastron to your portfolios can decrease your overall portfolio volatility.
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