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Axfood AB ADR
Buy, Hold or Sell?

Let's analyse Axfood together

PenkeI guess you are interested in Axfood AB ADR. 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 Axfood AB ADR. 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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Axfood (30 sec.)










What can you expect buying and holding a share of Axfood? (30 sec.)

How much money do you get?

How much money do you get?
$8.21
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
$27.40
Expected worth in 1 year
$52.43
How sure are you?
76.7%

+ What do you gain per year?

Total Gains per Share
$33.23
Return On Investment
131.8%

For what price can you sell your share?

Current Price per Share
$25.22
Expected price per share
$25.22 - $
How sure are you?
50%

1. Valuation of Axfood (5 min.)




Live pricePrice per Share (EOD)

$25.22

Intrinsic Value Per Share

$163.02 - $193.20

Total Value Per Share

$190.42 - $220.60

2. Growth of Axfood (5 min.)




Is Axfood growing?

Current yearPrevious yearGrowGrow %
How rich?$5.9b$592.8m$1.3b69.7%

How much money is Axfood making?

Current yearPrevious yearGrowGrow %
Making money$17.1m$4.8m$12.3m71.9%
Net Profit Margin3.0%2.8%--

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

3. Financial Health of Axfood (5 min.)




4. Comparing to competitors in the Grocery Stores industry (5 min.)




  Industry Rankings (Grocery Stores)  


Richest
#36 / 68

Most Revenue
#28 / 68

Most Profit
#25 / 68

What can you expect buying and holding a share of Axfood? (5 min.)

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

What can you expect buying and holding a share of Axfood?

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

Speculation

The Price per Share of Axfood is $25.22. 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 Axfood.
  • 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 Axfood, 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 $27.40. Based on the TTM, the Book Value Change Per Share is $6.26 per quarter. Based on the YOY, the Book Value Change Per Share is $-4.34 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 $2.05 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Axfood.

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 Eps0.241.0%0.080.3%0.180.7%0.180.7%0.170.7%
Usd Book Value Change Per Share24.1195.6%6.2624.8%-4.34-17.2%0.672.7%0.913.6%
Usd Dividend Per Share4.2316.8%2.058.1%1.134.5%2.279.0%3.3613.3%
Usd Total Gains Per Share28.34112.4%8.3132.9%-3.21-12.7%2.9511.7%4.2716.9%
Usd Price Per Share25.22-26.08-27.74-18.40-14.46-
Price to Earnings Ratio26.12-205.48-108.09-70.62-51.41-
Price-to-Total Gains Ratio0.89-60.70-56.72-27.42-21.51-
Price to Book Ratio0.92-7.18-10.22-3.87-2.74-
Price-to-Total Gains Ratio0.89-60.70-56.72-27.42-21.51-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share25.22
Number of shares39
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share2.052.27
Usd Book Value Change Per Share6.260.67
Usd Total Gains Per Share8.312.95
Gains per Quarter (39 shares)324.03114.95
Gains per Year (39 shares)1,296.12459.78
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13209761286355105450
264019522582709211910
39612928387810643161370
412813904517414184211830
516014879647017735262290
619215855776621276322750
722426831906224827373210
8256278071035828368423670
9288287831165431919474130
103202975912950354510534590

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%20.00.00.0100.0%30.00.00.0100.0%30.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%8.04.00.066.7%14.06.00.070.0%19.011.00.063.3%19.011.00.063.3%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%17.00.03.085.0%27.00.03.090.0%27.00.03.090.0%
Total Gains per Share4.00.00.0100.0%10.02.00.083.3%16.04.00.080.0%23.07.00.076.7%23.07.00.076.7%

Fundamentals of Axfood

About Axfood AB ADR

Axfood AB (publ) engages in the food retail and wholesale businesses primarily in Sweden. It operates through four segments: Willys, Hemköp, Dagab, and Snabbgross. The company sells groceries through Willys, HANDLAR'N, Hemköp, and Eurocash store chains. It is also involved in the e-commerce business; and provision of private label products. In addition, it offers home delivery of meal kits under the Middagsfrid name, as well as operates Urban Deli, a combination of restaurant and market hall; Apohem, an online retail pharmacy; Matöppe, a personal grocery store and the retailer-owned mini-mart; Snabbgriss, a restaurant; and Tempo, a mini-mart format of retailer-owned stores. The company serves restaurants, fastfood operators, and cafés; and retailer-owned stores, mini-marts, and other convenience retailers. Axfood AB (publ) was founded in 1958 and is headquartered in Stockholm, Sweden. Axfood AB (publ) operates as a subsidiary of Axretail AB.

Fundamental data was last updated by Penke on 2024-05-14 08:02:05.

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 less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable 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 just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

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

1.1. Profitability of Axfood AB ADR.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Axfood earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Axfood to the Grocery Stores industry mean.
  • A Net Profit Margin of 2.8% means that $0.03 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Axfood AB ADR:

  • The MRQ is 2.8%. The company is making a profit. +1
  • The TTM is 3.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.8%TTM3.0%-0.2%
TTM3.0%YOY2.8%+0.1%
TTM3.0%5Y3.3%-0.3%
5Y3.3%10Y3.3%+0.1%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8%2.2%+0.6%
TTM3.0%2.3%+0.7%
YOY2.8%2.4%+0.4%
5Y3.3%2.5%+0.8%
10Y3.3%2.3%+1.0%
1.1.2. Return on Assets

Shows how efficient Axfood is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Axfood to the Grocery Stores industry mean.
  • 0.2% Return on Assets means that Axfood generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Axfood AB ADR:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%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 (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%1.2%-1.0%
TTM0.2%1.3%-1.1%
YOY0.2%1.3%-1.1%
5Y0.2%1.1%-0.9%
10Y0.2%1.2%-1.0%
1.1.3. Return on Equity

Shows how efficient Axfood is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Axfood to the Grocery Stores industry mean.
  • 0.9% Return on Equity means Axfood generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Axfood AB ADR:

  • The MRQ is 0.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.9%TTM0.9%0.0%
TTM0.9%YOY0.9%+0.1%
TTM0.9%5Y1.1%-0.2%
5Y1.1%10Y1.1%+0.1%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9%4.2%-3.3%
TTM0.9%4.6%-3.7%
YOY0.9%4.2%-3.3%
5Y1.1%3.8%-2.7%
10Y1.1%3.6%-2.5%

1.2. Operating Efficiency of Axfood AB ADR.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Axfood is operating .

  • Measures how much profit Axfood 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 Axfood to the Grocery Stores industry mean.
  • An Operating Margin of 4.1% means the company generated $0.04  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Axfood AB ADR:

  • The MRQ is 4.1%. The company is operating less efficient.
  • The TTM is 3.6%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ4.1%TTM3.6%+0.5%
TTM3.6%YOY3.1%+0.5%
TTM3.6%5Y4.1%-0.5%
5Y4.1%10Y4.1%+0.0%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ4.1%3.8%+0.3%
TTM3.6%2.3%+1.3%
YOY3.1%3.4%-0.3%
5Y4.1%3.8%+0.3%
10Y4.1%3.4%+0.7%
1.2.2. Operating Ratio

Measures how efficient Axfood is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Grocery Stores industry mean).
  • An Operation Ratio of 0.96 means that the operating costs are $0.96 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Axfood AB ADR:

  • The MRQ is 0.959. The company is less efficient in keeping operating costs low.
  • The TTM is 0.964. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.959TTM0.964-0.005
TTM0.964YOY0.969-0.005
TTM0.9645Y1.464-0.501
5Y1.46410Y1.552-0.088
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9591.511-0.552
TTM0.9641.348-0.384
YOY0.9690.976-0.007
5Y1.4641.097+0.367
10Y1.5521.052+0.500

1.3. Liquidity of Axfood AB ADR.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Axfood is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Grocery Stores industry mean).
  • A Current Ratio of 0.60 means the company has $0.60 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Axfood AB ADR:

  • The MRQ is 0.601. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.619. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.601TTM0.619-0.019
TTM0.619YOY0.631-0.011
TTM0.6195Y0.661-0.042
5Y0.66110Y0.751-0.089
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6010.878-0.277
TTM0.6190.918-0.299
YOY0.6310.890-0.259
5Y0.6610.909-0.248
10Y0.7510.862-0.111
1.3.2. Quick Ratio

Measures if Axfood is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Axfood to the Grocery Stores industry mean.
  • A Quick Ratio of 0.20 means the company can pay off $0.20 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Axfood AB ADR:

  • The MRQ is 0.199. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.204. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.199TTM0.204-0.005
TTM0.204YOY0.208-0.004
TTM0.2045Y0.175+0.029
5Y0.17510Y0.187-0.011
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1990.278-0.079
TTM0.2040.283-0.079
YOY0.2080.383-0.175
5Y0.1750.406-0.231
10Y0.1870.392-0.205

1.4. Solvency of Axfood AB ADR.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Axfood assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Axfood to Grocery Stores industry mean.
  • A Debt to Asset Ratio of 0.81 means that Axfood assets are financed with 80.6% credit (debt) and the remaining percentage (100% - 80.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Axfood AB ADR:

  • The MRQ is 0.806. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.786. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.806TTM0.786+0.021
TTM0.786YOY0.766+0.019
TTM0.7865Y0.784+0.002
5Y0.78410Y0.744+0.040
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8060.690+0.116
TTM0.7860.682+0.104
YOY0.7660.686+0.080
5Y0.7840.689+0.095
10Y0.7440.655+0.089
1.4.2. Debt to Equity Ratio

Measures if Axfood is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Axfood to the Grocery Stores industry mean.
  • A Debt to Equity ratio of 439.5% means that company has $4.39 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Axfood AB ADR:

  • The MRQ is 4.395. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.883. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.395TTM3.883+0.511
TTM3.883YOY3.524+0.359
TTM3.8835Y3.898-0.014
5Y3.89810Y3.336+0.562
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ4.3952.208+2.187
TTM3.8832.104+1.779
YOY3.5242.195+1.329
5Y3.8982.253+1.645
10Y3.3362.000+1.336

2. Market Valuation of Axfood AB ADR

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 Axfood generates.

  • Above 15 is considered overpriced but always compare Axfood to the Grocery Stores industry mean.
  • A PE ratio of 26.12 means the investor is paying $26.12 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Axfood AB ADR:

  • The EOD is 26.121. Based on the earnings, the company is overpriced. -1
  • The MRQ is 26.121. Based on the earnings, the company is overpriced. -1
  • The TTM is 205.481. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD26.121MRQ26.1210.000
MRQ26.121TTM205.481-179.360
TTM205.481YOY108.086+97.395
TTM205.4815Y70.618+134.863
5Y70.61810Y51.413+19.205
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
EOD26.12115.802+10.319
MRQ26.12114.226+11.895
TTM205.48116.404+189.077
YOY108.08613.572+94.514
5Y70.61818.067+52.551
10Y51.41323.181+28.232
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Axfood AB ADR:

  • The EOD is 1.020. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.020. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 9.330. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.020MRQ1.0200.000
MRQ1.020TTM9.330-8.310
TTM9.330YOY-30.357+39.687
TTM9.3305Y-3.693+13.023
5Y-3.69310Y-2.462-1.231
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
EOD1.0207.231-6.211
MRQ1.0206.346-5.326
TTM9.3307.423+1.907
YOY-30.3575.420-35.777
5Y-3.6934.685-8.378
10Y-2.4623.992-6.454
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Axfood is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Grocery Stores industry mean).
  • A PB ratio of 0.92 means the investor is paying $0.92 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Axfood AB ADR:

  • The EOD is 0.920. Based on the equity, the company is cheap. +2
  • The MRQ is 0.920. Based on the equity, the company is cheap. +2
  • The TTM is 7.177. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD0.920MRQ0.9200.000
MRQ0.920TTM7.177-6.257
TTM7.177YOY10.216-3.038
TTM7.1775Y3.874+3.303
5Y3.87410Y2.736+1.138
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
EOD0.9202.409-1.489
MRQ0.9202.378-1.458
TTM7.1772.687+4.490
YOY10.2163.149+7.067
5Y3.8743.634+0.240
10Y2.7363.724-0.988
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Axfood AB ADR 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--24.1116.256+285%-4.342+118%0.675+3473%0.913+2540%
Book Value Per Share--27.4029.010+204%2.735+902%13.554+102%14.407+90%
Current Ratio--0.6010.619-3%0.631-5%0.661-9%0.751-20%
Debt To Asset Ratio--0.8060.786+3%0.766+5%0.784+3%0.744+8%
Debt To Equity Ratio--4.3953.883+13%3.524+25%3.898+13%3.336+32%
Dividend Per Share--4.2292.053+106%1.132+274%2.273+86%3.356+26%
Eps--0.2410.079+204%0.185+31%0.183+32%0.170+42%
Free Cash Flow Per Share--6.1841.969+214%0.260+2277%2.565+141%2.565+141%
Free Cash Flow To Equity Per Share--0.5900.207+185%0.015+3823%0.778-24%0.778-24%
Gross Profit Margin---0.816-12.580+1441%-11.781+1343%-4.272+423%-2.515+208%
Intrinsic Value_10Y_max--193.200--------
Intrinsic Value_10Y_min--163.023--------
Intrinsic Value_1Y_max--9.094--------
Intrinsic Value_1Y_min--8.926--------
Intrinsic Value_3Y_max--35.147--------
Intrinsic Value_3Y_min--33.397--------
Intrinsic Value_5Y_max--70.634--------
Intrinsic Value_5Y_min--64.887--------
Market Cap5441921160.0000%5468786512.8005655599093.950-3%6009795082.083-9%3981730644.207+37%3127278271.938+75%
Net Profit Margin--0.0280.030-7%0.028-2%0.033-17%0.033-15%
Operating Margin--0.0410.036+13%0.031+31%0.041-1%0.041-1%
Operating Ratio--0.9590.964-1%0.969-1%1.464-35%1.552-38%
Pb Ratio0.9200%0.9207.177-87%10.216-91%3.874-76%2.736-66%
Pe Ratio26.1210%26.121205.481-87%108.086-76%70.618-63%51.413-49%
Price Per Share25.2200%25.22026.075-3%27.735-9%18.403+37%14.459+74%
Price To Free Cash Flow Ratio1.0200%1.0209.330-89%-30.357+3078%-3.693+462%-2.462+342%
Price To Total Gains Ratio0.8900%0.89060.704-99%56.722-98%27.418-97%21.508-96%
Quick Ratio--0.1990.204-2%0.208-4%0.175+14%0.187+7%
Return On Assets--0.0020.002-10%0.002-13%0.002-24%0.002-32%
Return On Equity--0.0090.009-1%0.009+8%0.011-16%0.011-12%
Total Gains Per Share--28.3408.308+241%-3.210+111%2.947+862%4.270+564%
Usd Book Value--5942000000.0001953899091.750+204%592808276.000+902%2927091473.550+103%3110405928.377+91%
Usd Book Value Change Per Share--24.1116.256+285%-4.342+118%0.675+3473%0.913+2540%
Usd Book Value Per Share--27.4029.010+204%2.735+902%13.554+102%14.407+90%
Usd Dividend Per Share--4.2292.053+106%1.132+274%2.273+86%3.356+26%
Usd Eps--0.2410.079+204%0.185+31%0.183+32%0.170+42%
Usd Free Cash Flow--1341000000.000427073301.500+214%56432089.750+2276%471001078.250+185%314000718.833+327%
Usd Free Cash Flow Per Share--6.1841.969+214%0.260+2277%2.565+141%2.565+141%
Usd Free Cash Flow To Equity Per Share--0.5900.207+185%0.015+3823%0.778-24%0.778-24%
Usd Market Cap5441921160.0000%5468786512.8005655599093.950-3%6009795082.083-9%3981730644.207+37%3127278271.938+75%
Usd Price Per Share25.2200%25.22026.075-3%27.735-9%18.403+37%14.459+74%
Usd Profit--52341300.00017197788.568+204%4835167.654+983%32601851.244+61%32115565.386+63%
Usd Revenue--1889511600.000607585038.164+211%170966031.415+1005%934718563.916+102%953044113.285+98%
Usd Total Gains Per Share--28.3408.308+241%-3.210+111%2.947+862%4.270+564%
 EOD+0 -2MRQTTM+25 -11YOY+25 -115Y+24 -1210Y+24 -12

3.2. Fundamental Score

Let's check the fundamental score of Axfood AB ADR based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1526.121
Price to Book Ratio (EOD)Between0-10.920
Net Profit Margin (MRQ)Greater than00.028
Operating Margin (MRQ)Greater than00.041
Quick Ratio (MRQ)Greater than10.199
Current Ratio (MRQ)Greater than10.601
Debt to Asset Ratio (MRQ)Less than10.806
Debt to Equity Ratio (MRQ)Less than14.395
Return on Equity (MRQ)Greater than0.150.009
Return on Assets (MRQ)Greater than0.050.002
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Axfood AB ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5013.275
Ma 20Greater thanMa 5025.220
Ma 50Greater thanMa 10025.220
Ma 100Greater thanMa 20025.300
OpenGreater thanClose25.220
Total0/5 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2023-03-312023-06-302023-09-302023-12-312024-03-31
Total Other Income Expense Net 6432689121071,01851,023-9,700-8,677



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in USD. All numbers in thousands.

Summary
Total Assets30,702,000
Total Liabilities24,760,000
Total Stockholder Equity5,634,000
 As reported
Total Liabilities 24,760,000
Total Stockholder Equity+ 5,634,000
Total Assets = 30,702,000

Assets

Total Assets30,702,000
Total Current Assets9,211,000
Long-term Assets21,491,000
Total Current Assets
Cash And Cash Equivalents 817,000
Net Receivables 2,241,000
Inventory 4,384,000
Other Current Assets 1,769,000
Total Current Assets  (as reported)9,211,000
Total Current Assets  (calculated)9,211,000
+/-0
Long-term Assets
Property Plant Equipment 15,544,000
Goodwill 3,606,000
Intangible Assets 1,508,000
Long-term Assets  (as reported)21,491,000
Long-term Assets  (calculated)20,658,000
+/- 833,000

Liabilities & Shareholders' Equity

Total Current Liabilities15,336,000
Long-term Liabilities9,424,000
Total Stockholder Equity5,634,000
Total Current Liabilities
Short-term Debt 2,501,000
Short Long Term Debt 759,000
Accounts payable 8,102,000
Other Current Liabilities 4,733,000
Total Current Liabilities  (as reported)15,336,000
Total Current Liabilities  (calculated)16,095,000
+/- 759,000
Long-term Liabilities
Capital Lease Obligations 9,548,000
Long-term Liabilities  (as reported)9,424,000
Long-term Liabilities  (calculated)9,548,000
+/- 124,000
Total Stockholder Equity
Total Stockholder Equity (as reported)5,634,000
Total Stockholder Equity (calculated)0
+/- 5,634,000
Other
Cash and Short Term Investments 817,000
Common Stock Shares Outstanding 216,843
Liabilities and Stockholders Equity 30,702,000
Net Debt 9,490,000
Net Invested Capital 6,393,000
Net Working Capital -6,125,000
Property Plant and Equipment Gross 15,544,000
Short Long Term Debt Total 10,307,000



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
10,539,000
7,730,038
8,115,696
10,958,000
9,142,288
10,921,000
8,083,248
11,456,000
12,244,000
16,658,000
16,989,000
16,580,000
17,293,000
18,014,000
18,159,000
17,579,000
18,814,000
18,797,000
19,445,000
20,444,000
23,731,000
24,185,000
2,475,652
2,195,720
2,746,581
2,844,482
2,762,723
2,702,546
2,978,612
30,702,000
30,702,0002,978,6122,702,5462,762,7232,844,4822,746,5812,195,7202,475,65224,185,00023,731,00020,444,00019,445,00018,797,00018,814,00017,579,00018,159,00018,014,00017,293,00016,580,00016,989,00016,658,00012,244,00011,456,0008,083,24810,921,0009,142,28810,958,0008,115,6967,730,03810,539,000
   > Total Current Assets 
6,063,000
3,923,233
3,863,479
5,430,000
4,650,458
5,302,000
3,937,748
5,827,000
6,425,000
5,178,000
5,606,000
5,461,000
5,411,000
5,836,000
5,980,000
5,521,000
6,441,000
6,248,000
6,521,000
7,242,000
7,506,000
7,276,000
760,778
678,441
811,843
849,892
829,808
800,427
878,263
9,211,000
9,211,000878,263800,427829,808849,892811,843678,441760,7787,276,0007,506,0007,242,0006,521,0006,248,0006,441,0005,521,0005,980,0005,836,0005,411,0005,461,0005,606,0005,178,0006,425,0005,827,0003,937,7485,302,0004,650,4585,430,0003,863,4793,923,2336,063,000
       Cash And Cash Equivalents 
1,726,000
213,325
280,756
835,000
1,096,851
555,000
376,597
1,083,000
1,571,000
483,000
738,000
829,000
798,000
878,000
883,000
746,000
0
1,181,000
1,544,000
2,343,000
734,000
378,000
32,106
26,583
53,649
29,992
27,960
46,943
68,269
817,000
817,00068,26946,94327,96029,99253,64926,58332,106378,000734,0002,343,0001,544,0001,181,0000746,000883,000878,000798,000829,000738,000483,0001,571,0001,083,000376,597555,0001,096,851835,000280,756213,3251,726,000
       Net Receivables 
1,603,000
736,874
813,729
1,068,000
1,335,990
1,044,000
774,482
1,064,000
1,877,000
1,050,000
1,205,000
1,033,000
1,063,000
1,024,000
1,258,000
1,141,000
1,963,000
1,074,000
1,222,000
1,075,000
3,236,000
2,207,000
229,717
188,511
255,770
199,623
225,066
215,110
242,016
2,241,000
2,241,000242,016215,110225,066199,623255,770188,511229,7172,207,0003,236,0001,075,0001,222,0001,074,0001,963,0001,141,0001,258,0001,024,0001,063,0001,033,0001,205,0001,050,0001,877,0001,064,000774,4821,044,0001,335,9901,068,000813,729736,8741,603,000
       Inventory 
2,191,000
1,712,612
1,770,150
2,243,000
1,803,906
2,326,000
1,718,544
2,284,000
2,340,000
2,436,000
2,415,000
2,442,000
2,387,000
2,592,000
2,559,000
2,502,000
2,670,000
2,736,000
2,585,000
2,586,000
3,136,000
3,239,000
339,403
317,189
368,444
435,988
410,599
389,997
421,419
4,384,000
4,384,000421,419389,997410,599435,988368,444317,189339,4033,239,0003,136,0002,586,0002,585,0002,736,0002,670,0002,502,0002,559,0002,592,0002,387,0002,442,0002,415,0002,436,0002,340,0002,284,0001,718,5442,326,0001,803,9062,243,0001,770,1501,712,6122,191,000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
11,383,000
11,119,000
11,882,000
12,177,000
12,179,000
12,057,000
12,373,000
12,549,000
12,924,000
13,202,000
16,225,000
16,909,000
1,714,874
1,517,279
1,934,738
1,994,590
1,932,915
1,902,119
2,100,349
21,491,000
21,491,0002,100,3491,902,1191,932,9151,994,5901,934,7381,517,2791,714,87416,909,00016,225,00013,202,00012,924,00012,549,00012,373,00012,057,00012,179,00012,177,00011,882,00011,119,00011,383,0000000000000
       Property Plant Equipment 
1,799,000
1,372,343
1,473,968
1,933,000
1,619,769
2,045,000
1,525,473
2,067,000
2,202,000
7,778,000
7,677,000
7,375,000
8,151,000
8,418,000
8,426,000
8,287,000
8,568,000
8,693,000
9,040,000
9,301,000
10,199,000
10,626,000
1,091,204
996,891
1,374,250
1,438,346
1,389,833
1,360,063
1,511,136
15,544,000
15,544,0001,511,1361,360,0631,389,8331,438,3461,374,250996,8911,091,20410,626,00010,199,0009,301,0009,040,0008,693,0008,568,0008,287,0008,426,0008,418,0008,151,0007,375,0007,677,0007,778,0002,202,0002,067,0001,525,4732,045,0001,619,7691,933,0001,473,9681,372,3431,799,000
       Goodwill 
1,864,000
1,779,464
2,056,305
2,671,000
2,129,135
2,671,000
1,962,267
2,674,000
2,767,000
2,764,000
2,764,000
2,767,000
2,767,000
2,769,000
2,769,000
2,769,000
2,769,000
2,822,000
2,832,000
2,832,000
3,846,000
3,406,000
332,377
306,916
338,404
347,749
333,849
331,916
357,814
3,606,000
3,606,000357,814331,916333,849347,749338,404306,916332,3773,406,0003,846,0002,832,0002,832,0002,822,0002,769,0002,769,0002,769,0002,769,0002,767,0002,767,0002,764,0002,764,0002,767,0002,674,0001,962,2672,671,0002,129,1352,671,0002,056,3051,779,4641,864,000
       Long Term Investments 
118,000
70,608
69,418
95,000
53,408
59,000
48,451
64,000
21,000
25,000
19,000
24,000
16,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000016,00024,00019,00025,00021,00064,00048,45159,00053,40895,00069,41870,608118,000
       Intangible Assets 
614,000
510,028
570,767
720,000
571,542
709,000
516,077
694,000
682,000
671,000
677,000
711,000
705,000
714,000
726,000
734,000
750,000
753,000
765,000
773,000
1,450,000
1,403,000
1,438,000
437,666
1,465,000
1,499,000
1,382,000
1,414,000
1,459,000
1,508,000
1,508,0001,459,0001,414,0001,382,0001,499,0001,465,000437,6661,438,0001,403,0001,450,000773,000765,000753,000750,000734,000726,000714,000705,000711,000677,000671,000682,000694,000516,077709,000571,542720,000570,767510,028614,000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
-1,000
1,000
0
1,000
0
-1,000
0
0
0
-1,000
-1,000
140,328
-306,916
-4,512,090
-4,612,693
-4,526,296
-4,557,932
-4,562,413
-1,000
-1,000-4,562,413-4,557,932-4,526,296-4,612,693-4,512,090-306,916140,328-1,000-1,000000-1,00001,00001,000-1,00000000000000
> Total Liabilities 
6,421,000
5,344,400
5,404,551
6,789,000
5,572,738
7,575,000
5,347,232
7,250,000
7,716,000
13,657,000
13,609,000
12,665,000
13,044,000
14,820,000
14,612,000
13,360,000
14,251,000
15,343,000
15,584,000
15,908,000
18,555,000
19,924,000
1,861,448
1,616,941
2,084,265
2,328,548
2,214,271
2,090,352
2,265,662
24,760,000
24,760,0002,265,6622,090,3522,214,2712,328,5482,084,2651,616,9411,861,44819,924,00018,555,00015,908,00015,584,00015,343,00014,251,00013,360,00014,612,00014,820,00013,044,00012,665,00013,609,00013,657,0007,716,0007,250,0005,347,2327,575,0005,572,7386,789,0005,404,5515,344,4006,421,000
   > Total Current Liabilities 
5,261,000
4,451,288
4,411,878
5,549,000
4,542,846
6,278,000
4,403,905
5,961,000
6,362,000
7,905,000
7,999,000
7,303,000
7,490,000
9,192,000
8,692,000
7,622,000
8,237,000
9,554,000
9,552,000
10,029,000
12,059,000
13,327,000
1,228,116
1,046,091
1,222,899
1,437,092
1,374,279
1,274,645
1,361,203
15,336,000
15,336,0001,361,2031,274,6451,374,2791,437,0921,222,8991,046,0911,228,11613,327,00012,059,00010,029,0009,552,0009,554,0008,237,0007,622,0008,692,0009,192,0007,490,0007,303,0007,999,0007,905,0006,362,0005,961,0004,403,9056,278,0004,542,8465,549,0004,411,8784,451,2885,261,000
       Short-term Debt 
80,000
763,915
503,664
530,000
87,684
700,000
88,696
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
200,734
184,726
178,703
313,707
254,599
292,704
224,949
2,501,000
2,501,000224,949292,704254,599313,707178,703184,726200,73400000000000000088,696700,00087,684530,000503,664763,91580,000
       Short Long Term Debt 
80,000
763,915
503,664
530,000
87,684
700,000
88,696
0
0
187,000
0
0
0
200,000
0
0
0
0
0
1,500,000
1,600,000
1,660,000
501,000
502,000
200,000
1,499,000
1,036,000
1,469,000
519,000
759,000
759,000519,0001,469,0001,036,0001,499,000200,000502,000501,0001,660,0001,600,0001,500,00000000200,000000187,0000088,696700,00087,684530,000503,664763,91580,000
       Accounts payable 
3,224,000
2,365,357
2,518,319
3,368,000
2,756,477
3,789,000
2,689,032
3,671,000
3,836,000
3,764,000
4,114,000
3,683,000
3,832,000
4,387,000
4,239,000
4,149,000
4,424,000
4,560,000
4,544,000
4,558,000
5,845,000
6,208,000
616,351
575,715
690,052
687,590
662,883
657,020
747,977
8,102,000
8,102,000747,977657,020662,883687,590690,052575,715616,3516,208,0005,845,0004,558,0004,544,0004,560,0004,424,0004,149,0004,239,0004,387,0003,832,0003,683,0004,114,0003,764,0003,836,0003,671,0002,689,0323,789,0002,756,4773,368,0002,518,3192,365,3573,224,000
       Other Current Liabilities 
554,000
1,675,806
1,800,231
2,133,000
543,643
2,271,000
1,678,168
2,241,000
778,000
2,478,000
2,416,000
2,177,000
281,000
3,145,000
3,289,000
2,302,000
666,000
3,520,000
3,509,000
2,473,000
805,000
3,869,000
411,031
285,650
302,414
435,795
456,797
324,920
328,245
4,733,000
4,733,000328,245324,920456,797435,795302,414285,650411,0313,869,000805,0002,473,0003,509,0003,520,000666,0002,302,0003,289,0003,145,000281,0002,177,0002,416,0002,478,000778,0002,241,0001,678,1682,271,000543,6432,133,0001,800,2311,675,806554,000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
5,610,000
5,362,000
5,554,000
5,628,000
5,920,000
5,738,000
6,014,000
5,789,000
6,032,000
5,879,000
6,496,000
6,597,000
633,331
570,849
861,366
891,456
839,991
815,707
904,459
9,424,000
9,424,000904,459815,707839,991891,456861,366570,849633,3316,597,0006,496,0005,879,0006,032,0005,789,0006,014,0005,738,0005,920,0005,628,0005,554,0005,362,0005,610,0000000000000
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
0
5,765,000
5,486,000
5,508,000
5,713,000
5,696,000
5,535,000
5,708,000
5,799,000
6,076,000
5,943,000
6,404,000
6,578,000
6,489,000
6,333,000
9,050,000
9,421,000
9,220,000
9,023,000
9,245,000
9,548,000
9,548,0009,245,0009,023,0009,220,0009,421,0009,050,0006,333,0006,489,0006,578,0006,404,0005,943,0006,076,0005,799,0005,708,0005,535,0005,696,0005,713,0005,508,0005,486,0005,765,0000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
55,000
56,000
100,000
463,000
77,000
70,000
108,000
89,000
91,000
77,000
57,000
42,000
30,000
30,000
5,000
8,000
6,000
7,000
8,000
7,000
7,0008,0007,0006,0008,0005,00030,00030,00042,00057,00077,00091,00089,000108,00070,00077,000463,000100,00056,00055,0000000000000
> Total Stockholder Equity
4,117,000
2,381,131
2,707,289
3,960,000
3,400,558
3,134,000
2,587,726
3,992,000
4,304,000
2,801,000
3,171,000
3,693,000
4,020,000
2,966,000
3,338,000
3,973,000
4,331,000
3,244,000
3,673,000
4,310,000
4,952,000
4,045,000
592,736
558,144
634,291
487,871
521,696
584,765
682,388
5,634,000
5,634,000682,388584,765521,696487,871634,291558,144592,7364,045,0004,952,0004,310,0003,673,0003,244,0004,331,0003,973,0003,338,0002,966,0004,020,0003,693,0003,171,0002,801,0004,304,0003,992,0002,587,7263,134,0003,400,5583,960,0002,707,2892,381,1314,117,000
   Common Stock
262,000
2,381,131
2,707,289
3,960,000
208,848
3,134,000
2,587,726
3,992,000
262,000
2,801,000
3,171,000
3,693,000
262,000
2,966,000
3,338,000
3,973,000
262,000
3,244,000
3,673,000
4,310,000
262,000
4,045,000
26,451
24,425
26,009
0
5,635,000
0
26,891
0
026,89105,635,000026,00924,42526,4514,045,000262,0004,310,0003,673,0003,244,000262,0003,973,0003,338,0002,966,000262,0003,693,0003,171,0002,801,000262,0003,992,0002,587,7263,134,000208,8483,960,0002,707,2892,381,131262,000
   Retained Earnings 
3,455,000
0
0
0
2,886,409
0
0
0
3,544,000
0
0
0
3,292,000
0
0
0
3,655,000
0
0
0
4,233,000
0
0
0
414,511
0
0
0
461,507
0
0461,507000414,5110004,233,0000003,655,0000003,292,0000003,544,0000002,886,4090003,455,000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
24,425
4,415
0
0
0
-1,786
0
0-1,7860004,41524,42500000000000000000000000
   Capital Surplus 000000000000000000000000000000
   Treasury Stock000000000000000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in SEK. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue7,640,489
Cost of Revenue-6,689,372
Gross Profit951,117951,117
 
Operating Income (+$)
Gross Profit951,117
Operating Expense-698,101
Operating Income253,016253,016
 
Operating Expense (+$)
Research Development-
Selling General Administrative4,625,000
Selling And Marketing Expenses4,015,000
Operating Expense698,1018,640,000
 
Net Interest Income (+$)
Interest Income19,000
Interest Expense-36,172
Other Finance Cost-298,828
Net Interest Income-316,000
 
Pretax Income (+$)
Operating Income253,016
Net Interest Income-316,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)291,543214,489
EBIT - interestExpense = 216,844
284,572
258,197
Interest Expense36,172
Earnings Before Interest and Taxes (EBIT)253,016327,715
Earnings Before Interest and Taxes (EBITDA)534,950
 
After tax Income (+$)
Income Before Tax291,543
Tax Provision-664,000
Net Income From Continuing Ops2,373,000-372,457
Net Income222,025
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses7,387,473
Total Other Income/Expenses Net38,527316,000
 

Technical Analysis of Axfood
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 Axfood. The general trend of Axfood is BEARISH with 100.0% 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 Axfood'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 (-100.0%) Bearish trend (100.0%)
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 Axfood AB ADR.

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: < < .

The bearish price targets are: 25.22 > 25.22 > 25.22.

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Axfood AB ADR 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 Axfood AB ADR. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below 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

Axfood AB ADR 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 Axfood AB ADR. The current macd is -0.00087698.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Axfood price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Axfood. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Axfood price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Axfood AB ADR Daily Moving Average Convergence/Divergence (MACD) ChartAxfood AB ADR 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 Axfood AB ADR. The current adx is 73.38.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Axfood shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Axfood AB ADR 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 Axfood AB ADR. The current sar is 25.40.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Axfood AB ADR 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 Axfood AB ADR. The current rsi is 13.27. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 1/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
Axfood AB ADR Daily Relative Strength Index (RSI) ChartAxfood AB ADR 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 Axfood AB ADR. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 Axfood price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Axfood AB ADR Daily Stochastic Oscillator ChartAxfood AB ADR 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 Axfood AB ADR. The current cci is -66.66666667.

Axfood AB ADR Daily Commodity Channel Index (CCI) ChartAxfood AB ADR 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 Axfood AB ADR. The current cmo is -88.38039276.

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
Axfood AB ADR Daily Chande Momentum Oscillator (CMO) ChartAxfood AB ADR 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 Axfood AB ADR. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Axfood AB ADR Daily Williams %R ChartAxfood AB ADR 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 Axfood AB ADR.

Axfood AB ADR 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 Axfood AB ADR. The current atr is 0.00011974.

Axfood AB ADR Daily Average True Range (ATR) ChartAxfood AB ADR 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 Axfood AB ADR. The current obv is -2,433.

Axfood AB ADR Daily On-Balance Volume (OBV) ChartAxfood AB ADR 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 Axfood AB ADR. The current mfi is 0.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Axfood AB ADR Daily Money Flow Index (MFI) ChartAxfood AB ADR Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Axfood AB ADR.

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
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
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).
2024-01-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.

6.3. Candlestick Patterns

Axfood AB ADR Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Axfood AB ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5013.275
Ma 20Greater thanMa 5025.220
Ma 50Greater thanMa 10025.220
Ma 100Greater thanMa 20025.300
OpenGreater thanClose25.220
Total0/5 (0.0%)
Penke

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