Telefonaktiebolaget LM Ericsson B ADR

Company Profile

Telefonaktiebolaget LM Ericsson B ADR had its IPO on 1989-09-28 under the ticker symbol ERIC.

The company operates in the Technology sector and Communication Equipment industry. Telefonaktiebolaget LM Ericsson B ADR has a staff strength of 104,931 employees.

Stock update

Shares of Telefonaktiebolaget LM Ericsson B ADR opened at $5.21 at the start of the last trading session i.e. 2023-06-02.

The stocks traded within a range of $5.19 - $5.24, and closed at $5.23.

This is a +0.77% increase from the previous day's closing price.

A total volume of 5,056,612 shares were traded at the close of the day’s session.

In the last one week, shares of Telefonaktiebolaget LM Ericsson B ADR have increased by +2.15%.

Telefonaktiebolaget LM Ericsson B ADR's Key Ratios

Telefonaktiebolaget LM Ericsson B ADR has a market cap of $17.76 billion, indicating a price to book ratio of 1.6204 and a price to sales ratio of 0.8741.

In the last 12-months Telefonaktiebolaget LM Ericsson B ADR’s revenue was $0 with a gross profit of $113.49 billion and an EBITDA of $0. The EBITDA ratio measures Telefonaktiebolaget LM Ericsson B ADR's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Telefonaktiebolaget LM Ericsson B ADR’s operating margin was 0% while its return on assets stood at 5.15% with a return of equity of 15.08%.

In Q1, Telefonaktiebolaget LM Ericsson B ADR’s quarterly earnings growth was a negative -48.9% while revenue growth was a positive 13.6%.

Telefonaktiebolaget LM Ericsson B ADR’s PE and PEG Ratio

Forward PE

9.2507

Trailing PE

10.8854

PEG

2.0927

Its diluted EPS in the last 12-months stands at $0.48 per share while it has a forward price to earnings multiple of 9.2507 and a PEG multiple of 2.0927. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Telefonaktiebolaget LM Ericsson B ADR’s profitability.

Telefonaktiebolaget LM Ericsson B ADR stock is trading at a EV to sales ratio of 0.0826 and a EV to EBITDA ratio of 0.5546. Its price to sales ratio in the trailing 12-months stood at 0.8741.

Telefonaktiebolaget LM Ericsson B ADR stock pays annual dividends of $0 per share, indicating a yield of 4.69% and a payout ratio of 39.94%.

Balance sheet and cash flow metrics

Total Assets

$345.66 billion

Total Liabilities

$154.63 billion

Operating Cash Flow

$0

Capital Expenditure

$1.53 billion

Dividend Payout Ratio

39.94%

Telefonaktiebolaget LM Ericsson B ADR ended 2023 with $345.66 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $345.66 billion while shareholder equity stood at $127.40 billion.

Telefonaktiebolaget LM Ericsson B ADR ended 2023 with $0 in deferred long-term liabilities, $154.63 billion in other current liabilities, in common stock, $0 in retained earnings and $84.56 billion in goodwill. Its cash balance stood at $34.13 billion and cash and short-term investments were $43.39 billion. The company’s total short-term debt was $14,200,000,000 while long-term debt stood at $22.17 billion.

Telefonaktiebolaget LM Ericsson B ADR’s total current assets stands at $174.75 billion while long-term investments were $14.75 billion and short-term investments were $9.26 billion. Its net receivables were $77.36 billion compared to accounts payable of $34.55 billion and inventory worth $46.22 billion.

In 2023, Telefonaktiebolaget LM Ericsson B ADR's operating cash flow was $0 while its capital expenditure stood at $1.53 billion.

Comparatively, Telefonaktiebolaget LM Ericsson B ADR paid $0.40 in dividends in 2023.

Other key metrics

Current Trading Price

$5.23

52-Week High

$7.9682

52-Week Low

$5.033

Analyst Target Price

$14.755

Telefonaktiebolaget LM Ericsson B ADR stock is currently trading at $5.23 per share. It touched a 52-week high of $7.9682 and a 52-week low of $7.9682. Analysts tracking the stock have a 12-month average target price of $14.755.

Its 50-day moving average was $5.44 and 200-day moving average was $5.8 The short ratio stood at 2.09 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 817% are held by institutions.