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Alimak Hek Group AB
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PenkeI guess you are interested in Alimak Hek Group AB. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Alimak Hek Group AB. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Alimak Hek Group AB (30 sec.)










What can you expect buying and holding a share of Alimak Hek Group AB? (30 sec.)

How much money do you get?

How much money do you get?
€1.96
When do you have the money?
1 year
How often do you get paid?
61.1%

What is your share worth?

Current worth
€65.72
Expected worth in 1 year
€90.08
How sure are you?
88.9%

+ What do you gain per year?

Total Gains per Share
€26.18
Return On Investment
313.5%

For what price can you sell your share?

Current Price per Share
€8.35
Expected price per share
€7.49 - €8.78
How sure are you?
50%

1. Valuation of Alimak Hek Group AB (5 min.)




Live pricePrice per Share (EOD)

€8.35

Intrinsic Value Per Share

€103.90 - €122.60

Total Value Per Share

€169.62 - €188.32

2. Growth of Alimak Hek Group AB (5 min.)




Is Alimak Hek Group AB growing?

Current yearPrevious yearGrowGrow %
How rich?$7.5b$4.5b$3.1b41.2%

How much money is Alimak Hek Group AB making?

Current yearPrevious yearGrowGrow %
Making money$12m$8.7m$3.2m27.2%
Net Profit Margin7.3%8.2%--

How much money comes from the company's main activities?

3. Financial Health of Alimak Hek Group AB (5 min.)




4. Comparing to competitors in the Specialty Industrial Machinery industry (5 min.)




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#171 / 738

Most Revenue
#236 / 738

Most Profit
#226 / 738

Most Efficient
#283 / 738

What can you expect buying and holding a share of Alimak Hek Group AB? (5 min.)

Welcome investor! Alimak Hek Group AB's management wants to use your money to grow the business. In return you get a share of Alimak Hek Group AB.

What can you expect buying and holding a share of Alimak Hek Group AB?

First you should know what it really means to hold a share of Alimak Hek Group AB. And how you can make/lose money.

Speculation

The Price per Share of Alimak Hek Group AB is €8.35. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Alimak Hek Group AB.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Alimak Hek Group AB, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €65.72. Based on the TTM, the Book Value Change Per Share is €6.09 per quarter. Based on the YOY, the Book Value Change Per Share is €1.27 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.45 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Alimak Hek Group AB.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.111.3%0.111.4%0.081.0%0.080.9%0.080.9%
Usd Book Value Change Per Share-2.74-32.8%6.5978.9%1.3716.4%3.9547.3%3.9547.3%
Usd Dividend Per Share0.000.0%0.495.9%0.9010.8%0.9811.8%0.9811.8%
Usd Total Gains Per Share-2.74-32.8%7.0884.8%2.2727.2%4.9359.1%4.9359.1%
Usd Price Per Share7.89-7.16-7.93-10.38-10.38-
Price to Earnings Ratio18.60-15.97-25.91-40.85-40.85-
Price-to-Total Gains Ratio-2.88-3.87-6.31-19.46-19.46-
Price to Book Ratio0.11-0.10-0.19-0.25-0.25-
Price-to-Total Gains Ratio-2.88-3.87-6.31-19.46-19.46-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share9.032195
Number of shares110
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.490.98
Usd Book Value Change Per Share6.593.95
Usd Total Gains Per Share7.084.93
Gains per Quarter (110 shares)778.64542.56
Gains per Year (110 shares)3,114.542,170.23
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
12162898310543317382160
24325797622086534754330
364886959335129852136500
48641159412450173069518670
5108014492155652163868810840
61296173911868025951042613010
71513202892179530281216415180
81729231882491034601390217350
91945260862802538931563919520
102161289853114043251737721690

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%14.04.00.077.8%14.04.00.077.8%14.04.00.077.8%
Dividend per Share1.00.03.025.0%7.00.05.058.3%11.00.07.061.1%11.00.07.061.1%11.00.07.061.1%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%16.02.00.088.9%16.02.00.088.9%16.02.00.088.9%

Fundamentals of Alimak Hek Group AB

About Alimak Hek Group AB

Alimak Group AB (publ) provides vertical access solutions in Europe, Asia, Australia, South and North America, and internationally. The company operates through five segments: Façade Access, Construction, Height Safety and Productivity Solutions, Industrial, and Wind. The company develops, manufactures, sells, services, and rents construction hoists, platforms, and mast climbing work platforms for temporary use in construction and renovation projects; sells used construction products; and provides assembly, disassembly, maintenance, operating assistance, transportation, and insurance services. It also offers installed rack-and-pinion and traction elevators used in ports, power, cement, marine, warehousing, and oil and gas segments for maintenance and accessibility; service solutions, such as package, preventive maintenance and repair, inspection, refurbishment, and customer training services, as well as genuine replacement parts; and permanently installed equipment and systems that enable regular access to the facade of buildings. In addition, the company provides lifting and fall protection equipment and services; and service lifts, vertical ladders, and fall protection systems for wind towers. It offers its products and services under the Alimak, Tractel, CoxGomyl, Manntech, Avanti, and Scanclimber brand names. The company was founded in 1948 and is headquartered in Stockholm, Sweden.

Fundamental data was last updated by Penke on 2024-03-27 14:17:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Alimak Hek Group AB.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Alimak Hek Group AB earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Alimak Hek Group AB to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 6.5% means that €0.07 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Alimak Hek Group AB:

  • The MRQ is 6.5%. The company is making a profit. +1
  • The TTM is 7.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.5%TTM7.3%-0.7%
TTM7.3%YOY8.2%-0.9%
TTM7.3%5Y7.3%0.0%
5Y7.3%10Y7.3%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ6.5%5.5%+1.0%
TTM7.3%5.2%+2.1%
YOY8.2%5.1%+3.1%
5Y7.3%4.5%+2.8%
10Y7.3%4.7%+2.6%
1.1.2. Return on Assets

Shows how efficient Alimak Hek Group AB is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Alimak Hek Group AB to the Specialty Industrial Machinery industry mean.
  • 0.1% Return on Assets means that Alimak Hek Group AB generated €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Alimak Hek Group AB:

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.1%0.0%
TTM0.1%YOY0.1%0.0%
TTM0.1%5Y0.1%0.0%
5Y0.1%10Y0.1%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%1.1%-1.0%
TTM0.1%1.0%-0.9%
YOY0.1%1.1%-1.0%
5Y0.1%1.0%-0.9%
10Y0.1%1.1%-1.0%
1.1.3. Return on Equity

Shows how efficient Alimak Hek Group AB is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Alimak Hek Group AB to the Specialty Industrial Machinery industry mean.
  • 0.1% Return on Equity means Alimak Hek Group AB generated €0.00 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Alimak Hek Group AB:

  • The MRQ is 0.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.2%0.0%
TTM0.2%YOY0.2%0.0%
TTM0.2%5Y0.2%0.0%
5Y0.2%10Y0.2%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%2.3%-2.2%
TTM0.2%2.1%-1.9%
YOY0.2%2.2%-2.0%
5Y0.2%2.0%-1.8%
10Y0.2%2.2%-2.0%

1.2. Operating Efficiency of Alimak Hek Group AB.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Alimak Hek Group AB is operating .

  • Measures how much profit Alimak Hek Group AB makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Alimak Hek Group AB to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Alimak Hek Group AB:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM3.6%-3.6%
TTM3.6%YOY11.8%-8.3%
TTM3.6%5Y10.1%-6.5%
5Y10.1%10Y10.1%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.9%-7.9%
TTM3.6%4.7%-1.1%
YOY11.8%6.2%+5.6%
5Y10.1%6.2%+3.9%
10Y10.1%5.0%+5.1%
1.2.2. Operating Ratio

Measures how efficient Alimak Hek Group AB is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 1.50 means that the operating costs are €1.50 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Alimak Hek Group AB:

  • The MRQ is 1.502. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.474. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.502TTM1.474+0.029
TTM1.474YOY1.524-0.050
TTM1.4745Y1.536-0.062
5Y1.53610Y1.5360.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5021.534-0.032
TTM1.4741.554-0.080
YOY1.5241.550-0.026
5Y1.5361.523+0.013
10Y1.5361.248+0.288

1.3. Liquidity of Alimak Hek Group AB.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Alimak Hek Group AB is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 2.19 means the company has €2.19 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Alimak Hek Group AB:

  • The MRQ is 2.189. The company is able to pay all its short-term debts. +1
  • The TTM is 2.379. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.189TTM2.379-0.190
TTM2.379YOY1.921+0.458
TTM2.3795Y2.227+0.153
5Y2.22710Y2.2270.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1891.674+0.515
TTM2.3791.688+0.691
YOY1.9211.649+0.272
5Y2.2271.740+0.487
10Y2.2271.534+0.693
1.3.2. Quick Ratio

Measures if Alimak Hek Group AB is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Alimak Hek Group AB to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 0.75 means the company can pay off €0.75 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Alimak Hek Group AB:

  • The MRQ is 0.750. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.924. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.750TTM0.924-0.175
TTM0.924YOY1.072-0.147
TTM0.9245Y1.191-0.267
5Y1.19110Y1.1910.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7500.717+0.033
TTM0.9240.749+0.175
YOY1.0720.814+0.258
5Y1.1910.858+0.333
10Y1.1910.860+0.331

1.4. Solvency of Alimak Hek Group AB.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Alimak Hek Group AB assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Alimak Hek Group AB to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.49 means that Alimak Hek Group AB assets are financed with 49.2% credit (debt) and the remaining percentage (100% - 49.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Alimak Hek Group AB:

  • The MRQ is 0.492. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.504. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.492TTM0.504-0.012
TTM0.504YOY0.441+0.063
TTM0.5045Y0.423+0.081
5Y0.42310Y0.4230.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4920.499-0.007
TTM0.5040.503+0.001
YOY0.4410.504-0.063
5Y0.4230.497-0.074
10Y0.4230.491-0.068
1.4.2. Debt to Equity Ratio

Measures if Alimak Hek Group AB is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Alimak Hek Group AB to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 96.7% means that company has €0.97 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Alimak Hek Group AB:

  • The MRQ is 0.967. The company is very able to pay all its debts with equity. +2
  • The TTM is 1.016. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ0.967TTM1.016-0.049
TTM1.016YOY0.986+0.030
TTM1.0165Y0.793+0.223
5Y0.79310Y0.7930.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9670.998-0.031
TTM1.0161.016+0.000
YOY0.9861.013-0.027
5Y0.7931.052-0.259
10Y0.7931.032-0.239

2. Market Valuation of Alimak Hek Group AB

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Alimak Hek Group AB generates.

  • Above 15 is considered overpriced but always compare Alimak Hek Group AB to the Specialty Industrial Machinery industry mean.
  • A PE ratio of 18.60 means the investor is paying €18.60 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Alimak Hek Group AB:

  • The EOD is 21.308. Based on the earnings, the company is fair priced.
  • The MRQ is 18.603. Based on the earnings, the company is fair priced.
  • The TTM is 15.968. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD21.308MRQ18.603+2.705
MRQ18.603TTM15.968+2.635
TTM15.968YOY25.913-9.944
TTM15.9685Y40.850-24.882
5Y40.85010Y40.8500.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD21.30819.476+1.832
MRQ18.60318.616-0.013
TTM15.96819.352-3.384
YOY25.91317.955+7.958
5Y40.85021.955+18.895
10Y40.85028.443+12.407
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Alimak Hek Group AB:

  • The EOD is 0.759. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 0.663. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 1.082. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.759MRQ0.663+0.096
MRQ0.663TTM1.082-0.419
TTM1.082YOY5.664-4.582
TTM1.0825Y1.528-0.445
5Y1.52810Y1.5280.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD0.7595.476-4.717
MRQ0.6634.966-4.303
TTM1.0822.621-1.539
YOY5.664-0.130+5.794
5Y1.5280.502+1.026
10Y1.5282.022-0.494
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Alimak Hek Group AB is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 0.11 means the investor is paying €0.11 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Alimak Hek Group AB:

  • The EOD is 0.127. Based on the equity, the company is cheap. +2
  • The MRQ is 0.111. Based on the equity, the company is cheap. +2
  • The TTM is 0.099. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.127MRQ0.111+0.016
MRQ0.111TTM0.099+0.012
TTM0.099YOY0.187-0.088
TTM0.0995Y0.250-0.151
5Y0.25010Y0.2500.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD0.1272.115-1.988
MRQ0.1112.124-2.013
TTM0.0992.181-2.082
YOY0.1872.361-2.174
5Y0.2502.377-2.127
10Y0.2502.932-2.682
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Alimak Hek Group AB compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---2.5306.090-142%1.268-300%3.651-169%3.651-169%
Book Value Per Share--65.71866.844-2%39.559+66%43.034+53%43.034+53%
Current Ratio--2.1892.379-8%1.921+14%2.227-2%2.227-2%
Debt To Asset Ratio--0.4920.504-2%0.441+11%0.423+16%0.423+16%
Debt To Equity Ratio--0.9671.016-5%0.986-2%0.793+22%0.793+22%
Dividend Per Share---0.454-100%0.832-100%0.909-100%0.909-100%
Eps--0.0980.104-6%0.077+28%0.071+38%0.071+38%
Free Cash Flow Per Share--2.7502.059+34%1.002+175%1.360+102%1.360+102%
Free Cash Flow To Equity Per Share--2.7501.574+75%14.554-81%4.064-32%4.064-32%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--122.597--------
Intrinsic Value_10Y_min--103.902--------
Intrinsic Value_1Y_max--6.836--------
Intrinsic Value_1Y_min--6.711--------
Intrinsic Value_3Y_max--24.692--------
Intrinsic Value_3Y_min--23.489--------
Intrinsic Value_5Y_max--47.555--------
Intrinsic Value_5Y_min--43.781--------
Market Cap883680500.000+13%771504345.000704861257.500+9%775469325.000-1%1017092529.444-24%1017092529.444-24%
Net Profit Margin--0.0650.073-10%0.082-21%0.073-10%0.073-10%
Operating Margin---0.036-100%0.118-100%0.101-100%0.101-100%
Operating Ratio--1.5021.474+2%1.524-1%1.536-2%1.536-2%
Pb Ratio0.127+13%0.1110.099+12%0.187-41%0.250-56%0.250-56%
Pe Ratio21.308+13%18.60315.968+16%25.913-28%40.850-54%40.850-54%
Price Per Share8.350+13%7.2906.615+10%7.328-1%9.601-24%9.601-24%
Price To Free Cash Flow Ratio0.759+13%0.6631.082-39%5.664-88%1.528-57%1.528-57%
Price To Total Gains Ratio-3.300-15%-2.8813.870-174%6.314-146%19.460-115%19.460-115%
Quick Ratio--0.7500.924-19%1.072-30%1.191-37%1.191-37%
Return On Assets--0.0010.001-2%0.001-26%0.001-19%0.001-19%
Return On Equity--0.0010.002-4%0.002-23%0.002-10%0.002-10%
Total Gains Per Share---2.5306.544-139%2.099-221%4.560-155%4.560-155%
Usd Book Value--7523223500.0007706571650.000-2%4528537050.000+66%4938543416.111+52%4938543416.111+52%
Usd Book Value Change Per Share---2.7376.587-142%1.371-300%3.949-169%3.949-169%
Usd Book Value Per Share--71.08772.305-2%42.791+66%46.550+53%46.550+53%
Usd Dividend Per Share---0.491-100%0.899-100%0.983-100%0.983-100%
Usd Eps--0.1060.113-6%0.083+28%0.077+38%0.077+38%
Usd Free Cash Flow--314774700.000237162725.000+33%114660200.000+175%138728025.000+127%138728025.000+127%
Usd Free Cash Flow Per Share--2.9742.227+34%1.083+175%1.471+102%1.471+102%
Usd Free Cash Flow To Equity Per Share--2.9741.703+75%15.743-81%4.396-32%4.396-32%
Usd Market Cap955877196.850+13%834536249.987762448422.238+9%838825168.853-1%1100188989.100-24%1100188989.100-24%
Usd Price Per Share9.032+13%7.8867.155+10%7.926-1%10.385-24%10.385-24%
Usd Profit--11215065.60012032830.800-7%8761770.000+28%8138710.800+38%8138710.800+38%
Usd Revenue--171777421.440165819417.840+4%105421616.640+63%110616372.720+55%110616372.720+55%
Usd Total Gains Per Share---2.7377.079-139%2.271-221%4.932-155%4.932-155%
 EOD+3 -5MRQTTM+12 -23YOY+17 -185Y+15 -2010Y+15 -20

3.2. Fundamental Score

Let's check the fundamental score of Alimak Hek Group AB based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1521.308
Price to Book Ratio (EOD)Between0-10.127
Net Profit Margin (MRQ)Greater than00.065
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.750
Current Ratio (MRQ)Greater than12.189
Debt to Asset Ratio (MRQ)Less than10.492
Debt to Equity Ratio (MRQ)Less than10.967
Return on Equity (MRQ)Greater than0.150.001
Return on Assets (MRQ)Greater than0.050.001
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Alimak Hek Group AB based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.769
Ma 20Greater thanMa 508.446
Ma 50Greater thanMa 1008.173
Ma 100Greater thanMa 2007.515
OpenGreater thanClose8.430
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets13,683,000
Total Liabilities6,728,000
Total Stockholder Equity6,955,000
 As reported
Total Liabilities 6,728,000
Total Stockholder Equity+ 6,955,000
Total Assets = 13,683,000

Assets

Total Assets13,683,000
Total Current Assets3,987,000
Long-term Assets9,695,000
Total Current Assets
Cash And Cash Equivalents 739,000
Short-term Investments 35,000
Net Receivables 1,330,000
Inventory 1,186,000
Total Current Assets  (as reported)3,987,000
Total Current Assets  (calculated)3,290,000
+/- 697,000
Long-term Assets
Property Plant Equipment 932,000
Goodwill 5,882,000
Intangible Assets 2,537,000
Long-term Assets Other 2,000
Long-term Assets  (as reported)9,695,000
Long-term Assets  (calculated)9,353,000
+/- 342,000

Liabilities & Shareholders' Equity

Total Current Liabilities1,821,000
Long-term Liabilities4,907,000
Total Stockholder Equity6,955,000
Total Current Liabilities
Short Long Term Debt 28,000
Accounts payable 436,000
Other Current Liabilities 282,000
Total Current Liabilities  (as reported)1,821,000
Total Current Liabilities  (calculated)746,000
+/- 1,075,000
Long-term Liabilities
Long term Debt 3,579,000
Capital Lease Obligations Min Short Term Debt272,000
Long-term Liabilities Other 52,000
Long-term Liabilities  (as reported)4,907,000
Long-term Liabilities  (calculated)3,903,000
+/- 1,004,000
Total Stockholder Equity
Retained Earnings 1,363,000
Total Stockholder Equity (as reported)6,955,000
Total Stockholder Equity (calculated)1,363,000
+/- 5,592,000
Other
Capital Stock2,000
Common Stock Shares Outstanding 105,831
Net Debt 2,868,000
Net Invested Capital 10,562,000
Net Working Capital 2,166,000
Property Plant and Equipment Gross 1,745,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
6,541,300
6,416,900
6,382,300
6,135,500
6,021,800
5,619,400
5,673,400
5,680,900
5,707,300
5,901,700
5,889,000
6,335,000
7,052,000
14,327,000
14,344,000
14,931,000
14,497,000
13,683,000
13,683,00014,497,00014,931,00014,344,00014,327,0007,052,0006,335,0005,889,0005,901,7005,707,3005,680,9005,673,4005,619,4006,021,8006,135,5006,382,3006,416,9006,541,300
   > Total Current Assets 
2,612,400
2,619,300
2,497,200
2,355,000
2,256,100
2,013,200
1,930,900
2,018,000
1,981,300
2,183,900
2,121,000
2,422,000
2,695,000
4,301,000
4,294,000
4,494,000
4,358,000
3,987,000
3,987,0004,358,0004,494,0004,294,0004,301,0002,695,0002,422,0002,121,0002,183,9001,981,3002,018,0001,930,9002,013,2002,256,1002,355,0002,497,2002,619,3002,612,400
       Cash And Cash Equivalents 
245,200
313,600
215,400
221,800
229,300
225,600
192,700
271,600
298,100
348,500
242,000
301,000
422,000
869,000
733,000
714,000
690,000
739,000
739,000690,000714,000733,000869,000422,000301,000242,000348,500298,100271,600192,700225,600229,300221,800215,400313,600245,200
       Short-term Investments 
23,400
56,200
61,300
42,800
46,200
24,100
27,700
32,100
49,900
49,800
44,000
43,000
33,000
38,000
53,000
48,000
39,000
35,000
35,00039,00048,00053,00038,00033,00043,00044,00049,80049,90032,10027,70024,10046,20042,80061,30056,20023,400
       Net Receivables 
1,026,400
1,610,000
1,468,700
1,410,500
1,352,400
1,293,400
1,171,900
1,172,500
1,064,500
1,221,800
1,172,000
1,364,000
1,465,000
2,069,000
2,146,000
1,473,000
1,465,000
1,330,000
1,330,0001,465,0001,473,0002,146,0002,069,0001,465,0001,364,0001,172,0001,221,8001,064,5001,172,5001,171,9001,293,4001,352,4001,410,5001,468,7001,610,0001,026,400
       Inventory 
644,700
613,300
670,500
602,600
554,500
439,000
470,900
487,700
497,600
525,400
587,000
625,000
671,000
1,196,000
1,224,000
1,324,000
1,278,000
1,186,000
1,186,0001,278,0001,324,0001,224,0001,196,000671,000625,000587,000525,400497,600487,700470,900439,000554,500602,600670,500613,300644,700
   > Long-term Assets 
3,928,900
3,797,600
3,885,100
3,780,500
3,765,700
3,606,200
3,742,500
3,662,900
3,726,000
3,717,900
3,769,000
3,913,000
4,356,000
10,024,000
10,050,000
10,437,000
10,139,000
9,695,000
9,695,00010,139,00010,437,00010,050,00010,024,0004,356,0003,913,0003,769,0003,717,9003,726,0003,662,9003,742,5003,606,2003,765,7003,780,5003,885,1003,797,6003,928,900
       Property Plant Equipment 
0
631,800
636,300
600,100
600,300
559,300
560,700
530,600
556,300
530,400
524,000
529,000
593,000
928,000
949,000
970,000
933,000
932,000
932,000933,000970,000949,000928,000593,000529,000524,000530,400556,300530,600560,700559,300600,300600,100636,300631,8000
       Goodwill 
0
2,366,700
0
0
0
2,260,400
0
0
0
2,362,000
0
0
0
5,950,000
0
0
0
5,882,000
5,882,0000005,950,0000002,362,0000002,260,4000002,366,7000
       Intangible Assets 
0
621,700
0
0
0
571,400
0
0
0
557,500
0
0
0
2,746,000
0
0
0
2,537,000
2,537,0000002,746,000000557,500000571,400000621,7000
       Other Assets 
0
214,100
0
0
0
254,200
0
265,600
0
294,300
288,000
323,000
348,000
401,000
399,000
0
0
0
000399,000401,000348,000323,000288,000294,3000265,6000254,200000214,1000
> Total Liabilities 
2,864,400
2,732,700
2,512,100
2,484,500
2,367,200
2,091,500
1,945,100
2,091,900
1,994,100
2,061,300
1,920,000
2,270,000
2,717,000
9,950,000
7,346,000
7,677,000
7,206,000
6,728,000
6,728,0007,206,0007,677,0007,346,0009,950,0002,717,0002,270,0001,920,0002,061,3001,994,1002,091,9001,945,1002,091,5002,367,2002,484,5002,512,1002,732,7002,864,400
   > Total Current Liabilities 
999,300
1,144,700
1,000,200
989,400
979,300
883,700
855,500
968,400
950,200
1,044,600
1,007,000
1,138,000
1,168,000
3,761,000
1,641,000
1,709,000
2,094,000
1,821,000
1,821,0002,094,0001,709,0001,641,0003,761,0001,168,0001,138,0001,007,0001,044,600950,200968,400855,500883,700979,300989,4001,000,2001,144,700999,300
       Short Long Term Debt 
33,800
84,000
122,800
104,000
83,500
48,700
58,300
119,500
53,900
60,000
62,000
92,000
51,000
2,133,000
37,000
38,000
390,000
28,000
28,000390,00038,00037,0002,133,00051,00092,00062,00060,00053,900119,50058,30048,70083,500104,000122,80084,00033,800
       Accounts payable 
319,700
336,700
253,600
303,500
292,100
246,100
235,100
250,900
244,500
291,500
297,000
295,000
284,000
468,000
479,000
447,000
506,000
436,000
436,000506,000447,000479,000468,000284,000295,000297,000291,500244,500250,900235,100246,100292,100303,500253,600336,700319,700
       Other Current Liabilities 
585,600
549,400
560,800
523,100
544,400
431,100
504,900
535,400
570,400
510,900
580,000
682,000
759,000
3,188,000
1,014,000
1,041,000
817,000
282,000
282,000817,0001,041,0001,014,0003,188,000759,000682,000580,000510,900570,400535,400504,900431,100544,400523,100560,800549,400585,600
   > Long-term Liabilities 
1,865,100
1,588,000
1,511,900
1,495,100
1,387,900
1,207,800
1,089,600
1,123,500
1,043,900
1,016,700
913,000
1,132,000
1,549,000
6,242,000
5,705,000
5,968,000
5,112,000
4,907,000
4,907,0005,112,0005,968,0005,705,0006,242,0001,549,0001,132,000913,0001,016,7001,043,9001,123,5001,089,6001,207,8001,387,9001,495,1001,511,9001,588,0001,865,100
       Long term Debt 
1,164,400
1,034,900
943,700
941,900
816,700
666,800
555,500
616,000
546,900
490,600
406,000
609,000
856,000
4,537,000
4,000,000
4,195,000
3,448,000
3,579,000
3,579,0003,448,0004,195,0004,000,0004,537,000856,000609,000406,000490,600546,900616,000555,500666,800816,700941,900943,7001,034,9001,164,400
       Capital Lease Obligations Min Short Term Debt
331,900
267,000
259,900
237,200
229,500
214,600
209,300
185,600
200,400
186,000
172,000
174,000
193,000
315,000
315,000
310,000
283,000
272,000
272,000283,000310,000315,000315,000193,000174,000172,000186,000200,400185,600209,300214,600229,500237,200259,900267,000331,900
       Other Liabilities 
0
350,200
371,300
374,800
401,000
382,900
382,000
384,500
378,000
410,500
403,000
418,000
574,000
1,442,000
1,501,000
0
0
0
0001,501,0001,442,000574,000418,000403,000410,500378,000384,500382,000382,900401,000374,800371,300350,2000
       Long-term Liabilities Other 
398,200
0
371,300
374,800
401,000
6,000
382,000
384,500
378,000
13,900
403,000
418,000
275,000
339,000
593,000
641,000
575,000
52,000
52,000575,000641,000593,000339,000275,000418,000403,00013,900378,000384,500382,0006,000401,000374,800371,3000398,200
       Deferred Long Term Liability 
0
36,700
0
0
0
39,100
0
0
0
26,300
0
0
0
0
0
0
0
0
0000000026,30000039,10000036,7000
> Total Stockholder Equity
3,676,900
3,684,200
3,870,200
3,651,000
3,654,600
3,527,900
3,728,300
3,589,000
3,713,200
3,840,400
3,969,000
4,065,000
4,335,000
4,377,000
6,997,000
7,254,000
7,290,000
6,955,000
6,955,0007,290,0007,254,0006,997,0004,377,0004,335,0004,065,0003,969,0003,840,4003,713,2003,589,0003,728,3003,527,9003,654,6003,651,0003,870,2003,684,2003,676,900
   Common Stock
0
1,100
1,100
1,100
1,100
1,100
1,100
1,100
1,100
1,100
1,000
1,000
1,000
1,000
6,998,000
0
0
0
0006,998,0001,0001,0001,0001,0001,1001,1001,1001,1001,1001,1001,1001,1001,1000
   Retained Earnings 
444,200
543,900
577,900
531,900
571,500
612,700
693,000
607,200
687,400
765,300
855,000
800,000
901,000
200,000
1,137,000
1,080,000
1,233,000
1,363,000
1,363,0001,233,0001,080,0001,137,000200,000901,000800,000855,000765,300687,400607,200693,000612,700571,500531,900577,900543,900444,200
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
224,600
376,100
202,900
166,900
-1,000
119,100
66,900
105,800
171,400
245,000
396,000
562,000
4,176,000
0
0
0
0
00004,176,000562,000396,000245,000171,400105,80066,900119,100-1,000166,900202,900376,100224,6000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in SEK. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue7,097,000
Cost of Revenue-4,277,000
Gross Profit2,820,0002,820,000
 
Operating Income (+$)
Gross Profit2,820,000
Operating Expense-6,184,000
Operating Income913,000-3,364,000
 
Operating Expense (+$)
Research Development150,000
Selling General Administrative1,795,000
Selling And Marketing Expenses-
Operating Expense6,184,0001,945,000
 
Net Interest Income (+$)
Interest Income34,000
Interest Expense-275,000
Other Finance Cost-26,000
Net Interest Income-267,000
 
Pretax Income (+$)
Operating Income913,000
Net Interest Income-267,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)681,000913,000
EBIT - interestExpense = -275,000
515,000
790,000
Interest Expense275,000
Earnings Before Interest and Taxes (EBIT)-956,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax681,000
Tax Provision-165,000
Net Income From Continuing Ops516,000516,000
Net Income515,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-267,000
 

Technical Analysis of Alimak Hek Group AB
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Alimak Hek Group AB. The general trend of Alimak Hek Group AB is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Alimak Hek Group AB's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Alimak Hek Group AB.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 8.78.

The bearish price targets are: 8.35 > 7.52 > 7.49.

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Alimak Hek Group AB Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Alimak Hek Group AB. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Alimak Hek Group AB Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Alimak Hek Group AB. The current macd is 0.09825446.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Alimak Hek Group AB price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Alimak Hek Group AB. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Alimak Hek Group AB price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Alimak Hek Group AB Daily Moving Average Convergence/Divergence (MACD) ChartAlimak Hek Group AB Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Alimak Hek Group AB. The current adx is 32.21.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Alimak Hek Group AB shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Alimak Hek Group AB Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Alimak Hek Group AB. The current sar is 8.30392337.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Alimak Hek Group AB Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Alimak Hek Group AB. The current rsi is 49.77. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Alimak Hek Group AB Daily Relative Strength Index (RSI) ChartAlimak Hek Group AB Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Alimak Hek Group AB. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Alimak Hek Group AB price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Alimak Hek Group AB Daily Stochastic Oscillator ChartAlimak Hek Group AB Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Alimak Hek Group AB. The current cci is -36.23662956.

Alimak Hek Group AB Daily Commodity Channel Index (CCI) ChartAlimak Hek Group AB Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Alimak Hek Group AB. The current cmo is -13.86161113.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Alimak Hek Group AB Daily Chande Momentum Oscillator (CMO) ChartAlimak Hek Group AB Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Alimak Hek Group AB. The current willr is -76.78571429.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Alimak Hek Group AB is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Alimak Hek Group AB Daily Williams %R ChartAlimak Hek Group AB Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Alimak Hek Group AB.

Alimak Hek Group AB Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Alimak Hek Group AB. The current atr is 0.14487478.

Alimak Hek Group AB Daily Average True Range (ATR) ChartAlimak Hek Group AB Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Alimak Hek Group AB. The current obv is 4,432.

Alimak Hek Group AB Daily On-Balance Volume (OBV) ChartAlimak Hek Group AB Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Alimak Hek Group AB. The current mfi is 60.35.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Alimak Hek Group AB Daily Money Flow Index (MFI) ChartAlimak Hek Group AB Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Alimak Hek Group AB.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-14 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-22 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-24 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-28 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-30 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-12 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-20 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-02 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-04 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-22 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-24 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-22 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-27 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-06 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

Alimak Hek Group AB Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Alimak Hek Group AB based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.769
Ma 20Greater thanMa 508.446
Ma 50Greater thanMa 1008.173
Ma 100Greater thanMa 2007.515
OpenGreater thanClose8.430
Total4/5 (80.0%)
Penke

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