Novotek AB Financials
| NTEK-B Stock | SEK 67.00 1.00 1.52% |
Novotek |
Understanding current and past Novotek AB Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Novotek AB's financial statements are interrelated, with each one affecting the others. For example, an increase in Novotek AB's assets may result in an increase in income on the income statement.
Please note, the presentation of Novotek AB'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, Novotek AB's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Novotek AB's management manipulating its earnings.
Novotek AB Stock Summary
Novotek AB competes with DevPort AB, B3 Consulting, and Micro Systemation. Novotek AB delivers solutions in the industrial IT and automation areas. The company was founded in 1986 and is headquartered in Malm, Sweden. NOVOTEK AB operates under Information Technology Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 152 people.| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0000567752 |
| Business Address | Hjdrodergatan 18, Malm, |
| Sector | Technology |
| Industry | Information Technology Services |
| Benchmark | Dow Jones Industrial |
| Website | www.novotek.com |
| Phone | 46 0 40 31 69 00 |
| Currency | SEK - Swedish Kronor |
You should never invest in Novotek AB without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Novotek Stock, because this is throwing your money away. Analyzing the key information contained in Novotek AB's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Novotek AB Key Financial Ratios
Novotek AB's financial ratios allow both analysts and investors to convert raw data from Novotek AB's financial statements into concise, actionable information that can be used to evaluate the performance of Novotek AB over time and compare it to other companies across industries.| Return On Equity | 0.19 | |||
| Return On Asset | 0.0839 | |||
| Number Of Employees | 164 | |||
| Beta | 1.06 | |||
| Z Score | 40.0 |
Novotek Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Novotek AB's current stock value. Our valuation model uses many indicators to compare Novotek AB value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Novotek AB competition to find correlations between indicators driving Novotek AB's intrinsic value. More Info.Novotek AB is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.45 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Novotek AB is roughly 2.23 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Novotek AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Novotek AB'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.Novotek AB Systematic Risk
Novotek AB's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Novotek AB 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Novotek AB correlated with the market. If Beta is less than 0 Novotek AB generally moves in the opposite direction as compared to the market. If Novotek AB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Novotek AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Novotek AB is generally in the same direction as the market. If Beta > 1 Novotek AB moves generally in the same direction as, but more than the movement of the benchmark.
Novotek AB November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Novotek AB help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Novotek AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Novotek AB based on widely used predictive technical indicators. In general, we focus on analyzing Novotek Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Novotek AB's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.64 | |||
| Information Ratio | 0.0249 | |||
| Maximum Drawdown | 12.92 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 4.59 |
Complementary Tools for Novotek Stock analysis
When running Novotek AB's price analysis, check to measure Novotek AB'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 Novotek AB is operating at the current time. Most of Novotek AB's value examination focuses on studying past and present price action to predict the probability of Novotek AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novotek AB's price. Additionally, you may evaluate how the addition of Novotek AB to your portfolios can decrease your overall portfolio volatility.
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