FREYR Battery Financials

FREY Stock  USD 2.14  0.01  0.47%   
Based on the key measurements obtained from FREYR Battery's financial statements, FREYR Battery SA may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, FREYR Battery's Property Plant And Equipment Gross is fairly stable compared to the past year. Short Term Debt is likely to rise to about 4.8 M in 2024, whereas Total Assets are likely to drop slightly above 548.5 M in 2024. Key indicators impacting FREYR Battery's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.01280.0144
Fairly Down
Slightly volatile
Current Ratio6.386.3426
Slightly Up
Slightly volatile
The financial analysis of FREYR Battery is a critical element in measuring its lifeblood. Investors should not minimize FREYR Battery's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(75.54 Million)

  
Understanding current and past FREYR Battery Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of FREYR Battery's financial statements are interrelated, with each one affecting the others. For example, an increase in FREYR Battery's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in FREYR Battery's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of FREYR Battery SA. Check FREYR Battery's Beneish M Score to see the likelihood of FREYR Battery's management manipulating its earnings.

FREYR Battery Stock Summary

FREYR Battery competes with Solid Power, Enovix Corp, Microvast Holdings, LiCycle Holdings, and Fluence Energy. FREYR Battery engages in the production and sale of battery cells for stationary energy storage, electric mobility, and marine applications in Europe and internationally. The company designs and manufactures lithium-ion based battery cell facilities. Freyr Battery is traded on New York Stock Exchange in the United States.
Foreign Associate
  France
Specialization
Industrials, Electrical Equipment & Parts
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS35834F1049
CUSIPL4135L100 35834F104 G0232J101
LocationGeorgia; U.S.A
Business Address22-24, boulevard Royal,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.freyrbattery.com
Phone352 46 61 11 3721
CurrencyUSD - US Dollar

FREYR Battery Key Financial Ratios

FREYR Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining FREYR Battery's current stock value. Our valuation model uses many indicators to compare FREYR Battery value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FREYR Battery competition to find correlations between indicators driving FREYR Battery's intrinsic value. More Info.
FREYR Battery SA is rated # 3 in return on equity category among its peers. It is rated # 4 in return on asset category among its peers . At this time, FREYR Battery's Return On Equity is fairly stable compared to the past year. 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 FREYR Battery's earnings, one of the primary drivers of an investment's value.

FREYR Battery SA Systematic Risk

FREYR Battery's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FREYR Battery 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on FREYR Battery SA correlated with the market. If Beta is less than 0 FREYR Battery generally moves in the opposite direction as compared to the market. If FREYR Battery Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FREYR Battery SA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FREYR Battery is generally in the same direction as the market. If Beta > 1 FREYR Battery moves generally in the same direction as, but more than the movement of the benchmark.

FREYR Battery Thematic Clasifications

FREYR Battery SA is part of Electronic Equipment investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Electronic Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Electronic EquipmentView
This theme covers USA Equities from Electronic Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in FREYR Battery Stock are looking for potential investment opportunities by analyzing not only static indicators but also various FREYR Battery's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of FREYR Battery growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.18

At this time, FREYR Battery's Price Earnings To Growth Ratio is fairly stable compared to the past year.

FREYR Battery November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of FREYR Battery help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FREYR Battery SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of FREYR Battery SA based on widely used predictive technical indicators. In general, we focus on analyzing FREYR Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FREYR Battery's daily price indicators and compare them against related drivers.

Additional Tools for FREYR Stock Analysis

When running FREYR Battery's price analysis, check to measure FREYR Battery'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 FREYR Battery is operating at the current time. Most of FREYR Battery's value examination focuses on studying past and present price action to predict the probability of FREYR Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FREYR Battery's price. Additionally, you may evaluate how the addition of FREYR Battery to your portfolios can decrease your overall portfolio volatility.