25 XP   0   0   10

Befesa SA
Buy, Hold or Sell?

Let's analyse Befesa together

PenkeI guess you are interested in Befesa SA. 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 Befesa SA. 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.

Get notifications about Befesa SA

I send you an email if I find something interesting about Befesa SA.

Quick analysis of Befesa (30 sec.)










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

How much money do you get?

How much money do you get?
€1.36
When do you have the money?
1 year
How often do you get paid?
77.4%

What is your share worth?

Current worth
€22.95
Expected worth in 1 year
€25.18
How sure are you?
77.4%

+ What do you gain per year?

Total Gains per Share
€3.48
Return On Investment
10.3%

For what price can you sell your share?

Current Price per Share
€33.80
Expected price per share
€23.48 - €39.82
How sure are you?
50%

1. Valuation of Befesa (5 min.)




Live pricePrice per Share (EOD)

€33.80

Intrinsic Value Per Share

€-9.85 - €-12.13

Total Value Per Share

€13.10 - €10.82

2. Growth of Befesa (5 min.)




Is Befesa growing?

Current yearPrevious yearGrowGrow %
How rich?$995.9m$871m$85.7m9.0%

How much money is Befesa making?

Current yearPrevious yearGrowGrow %
Making money$14.1m$25.6m-$11.4m-80.6%
Net Profit Margin4.6%8.0%--

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

3. Financial Health of Befesa (5 min.)




4. Comparing to competitors in the Waste Management industry (5 min.)




  Industry Rankings (Waste Management)  


Richest
#25 / 132

Most Revenue
#25 / 132

Most Profit
#37 / 132

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

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

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

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

Speculation

The Price per Share of Befesa is €33.80. 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 Befesa.
  • 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 Befesa, 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 €22.95. Based on the TTM, the Book Value Change Per Share is €0.56 per quarter. Based on the YOY, the Book Value Change Per Share is €1.54 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 €0.31 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Befesa.

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 Eps0.260.8%0.351.0%0.641.9%0.541.6%0.371.1%
Usd Book Value Change Per Share1.103.3%0.611.8%1.674.9%0.842.5%0.802.4%
Usd Dividend Per Share0.000.0%0.341.0%0.682.0%0.792.3%0.651.9%
Usd Total Gains Per Share1.103.3%0.952.8%2.357.0%1.634.8%1.454.3%
Usd Price Per Share34.59-35.53-44.59-47.47-39.35-
Price to Earnings Ratio33.75-38.42-19.95-27.90-20.11-
Price-to-Total Gains Ratio31.45-57.81-32.63-192.32-113.95-
Price to Book Ratio1.39-1.49-2.07-3.43-15.20-
Price-to-Total Gains Ratio31.45-57.81-32.63-192.32-113.95-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share36.673
Number of shares27
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.340.79
Usd Book Value Change Per Share0.610.84
Usd Total Gains Per Share0.951.63
Gains per Quarter (27 shares)25.5244.03
Gains per Year (27 shares)102.08176.12
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13765928591166
273131194170182342
3110196296255273518
4146262398340365694
5183327500425456870
62203936025105471046
72564587045956381222
82935248066807291398
93305899087658201574
1036665510108509111750

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%28.03.00.090.3%28.03.00.090.3%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%13.07.00.065.0%18.011.02.058.1%18.011.02.058.1%
Dividend per Share1.00.03.025.0%7.00.05.058.3%15.00.05.075.0%24.00.07.077.4%24.00.07.077.4%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%17.03.00.085.0%24.07.00.077.4%24.07.00.077.4%

Fundamentals of Befesa

About Befesa SA

Befesa S.A. offers environmental recycling services to the steel and aluminum industries in European, Asian, and North American markets. It operates through two segments, Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services. The Steel Dust Recycling Services segment collects and recycles crude steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel; sells waelz oxide to zinc smelters; and treats crude steel dust. The Aluminium Salt Slags Recycling Services segment recycles salt slags; spent pot linings, a hazardous residue generated by primary aluminium producers; and recovers and sells salt, aluminium concentrate, and aluminium oxides. This segment also collects and recycles aluminium scrap and other aluminium residues, such as aluminium dross, shavings, cuttings, and aluminum concentrates; and produces secondary aluminium alloys for automotive and construction industries. It also provides logistics, and waelz oxide and aluminum waste treatment services, as well as develops projects and technology. Befesa S.A. was founded in 1987 and is based in Luxembourg City, Luxembourg.

Fundamental data was last updated by Penke on 2024-05-14 14:33:05.

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 just able to pay all its short-term debts.
The company is just 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 underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Befesa SA.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Befesa earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Befesa to the Waste Management industry mean.
  • A Net Profit Margin of 3.2% 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 Befesa SA:

  • The MRQ is 3.2%. The company is making a profit. +1
  • The TTM is 4.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.2%TTM4.6%-1.4%
TTM4.6%YOY8.0%-3.4%
TTM4.6%5Y8.9%-4.3%
5Y8.9%10Y7.4%+1.5%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2%4.4%-1.2%
TTM4.6%4.2%+0.4%
YOY8.0%4.1%+3.9%
5Y8.9%3.5%+5.4%
10Y7.4%2.9%+4.5%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Befesa to the Waste Management industry mean.
  • 0.5% Return on Assets means that Befesa generated €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Befesa SA:

  • The MRQ is 0.5%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.5%TTM0.7%-0.2%
TTM0.7%YOY1.2%-0.5%
TTM0.7%5Y1.3%-0.6%
5Y1.3%10Y1.1%+0.1%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%0.7%-0.2%
TTM0.7%0.8%-0.1%
YOY1.2%1.0%+0.2%
5Y1.3%0.9%+0.4%
10Y1.1%1.0%+0.1%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Befesa to the Waste Management industry mean.
  • 1.1% Return on Equity means Befesa generated €0.01 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Befesa SA:

  • The MRQ is 1.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.1%TTM1.6%-0.5%
TTM1.6%YOY3.0%-1.4%
TTM1.6%5Y3.8%-2.2%
5Y3.8%10Y16.4%-12.6%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1%2.1%-1.0%
TTM1.6%2.3%-0.7%
YOY3.0%2.7%+0.3%
5Y3.8%2.6%+1.2%
10Y16.4%2.2%+14.2%

1.2. Operating Efficiency of Befesa SA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Befesa is operating .

  • Measures how much profit Befesa 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 Befesa to the Waste Management industry mean.
  • An Operating Margin of 8.2% means the company generated €0.08  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Befesa SA:

  • The MRQ is 8.2%. The company is operating less efficient.
  • The TTM is 9.4%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ8.2%TTM9.4%-1.2%
TTM9.4%YOY11.9%-2.4%
TTM9.4%5Y13.6%-4.2%
5Y13.6%10Y15.1%-1.5%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ8.2%5.1%+3.1%
TTM9.4%4.3%+5.1%
YOY11.9%6.8%+5.1%
5Y13.6%6.7%+6.9%
10Y15.1%5.6%+9.5%
1.2.2. Operating Ratio

Measures how efficient Befesa is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Waste Management industry mean).
  • An Operation Ratio of 0.92 means that the operating costs are €0.92 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Befesa SA:

  • The MRQ is 0.918. The company is less efficient in keeping operating costs low.
  • The TTM is 0.911. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.918TTM0.911+0.007
TTM0.911YOY0.919-0.008
TTM0.9115Y0.871+0.040
5Y0.87110Y0.850+0.021
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9181.412-0.494
TTM0.9111.417-0.506
YOY0.9191.366-0.447
5Y0.8711.323-0.452
10Y0.8501.185-0.335

1.3. Liquidity of Befesa SA.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Waste Management industry mean).
  • A Current Ratio of 1.43 means the company has €1.43 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Befesa SA:

  • The MRQ is 1.428. The company is just able to pay all its short-term debts.
  • The TTM is 1.338. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.428TTM1.338+0.090
TTM1.338YOY1.238+0.100
TTM1.3385Y1.613-0.275
5Y1.61310Y1.438+0.175
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4281.229+0.199
TTM1.3381.242+0.096
YOY1.2381.266-0.028
5Y1.6131.225+0.388
10Y1.4381.219+0.219
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Befesa to the Waste Management industry mean.
  • A Quick Ratio of 1.04 means the company can pay off €1.04 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Befesa SA:

  • The MRQ is 1.039. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.003. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.039TTM1.003+0.036
TTM1.003YOY0.849+0.154
TTM1.0035Y1.327-0.324
5Y1.32710Y1.266+0.062
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0390.704+0.335
TTM1.0030.792+0.211
YOY0.8490.836+0.013
5Y1.3270.922+0.405
10Y1.2660.917+0.349

1.4. Solvency of Befesa SA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Befesa to Waste Management industry mean.
  • A Debt to Asset Ratio of 0.54 means that Befesa assets are financed with 54.4% credit (debt) and the remaining percentage (100% - 54.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Befesa SA:

  • The MRQ is 0.544. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.554. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.544TTM0.554-0.010
TTM0.554YOY0.598-0.044
TTM0.5545Y0.635-0.081
5Y0.63510Y0.677-0.041
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5440.600-0.056
TTM0.5540.603-0.049
YOY0.5980.596+0.002
5Y0.6350.586+0.049
10Y0.6770.581+0.096
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Befesa to the Waste Management industry mean.
  • A Debt to Equity ratio of 126.9% means that company has €1.27 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Befesa SA:

  • The MRQ is 1.269. The company is able to pay all its debts with equity. +1
  • The TTM is 1.299. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.269TTM1.299-0.030
TTM1.299YOY1.519-0.221
TTM1.2995Y1.865-0.567
5Y1.86510Y9.398-7.532
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2691.538-0.269
TTM1.2991.549-0.250
YOY1.5191.566-0.047
5Y1.8651.569+0.296
10Y9.3981.617+7.781

2. Market Valuation of Befesa SA

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 Befesa generates.

  • Above 15 is considered overpriced but always compare Befesa to the Waste Management industry mean.
  • A PE ratio of 33.75 means the investor is paying €33.75 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Befesa SA:

  • The EOD is 35.782. Based on the earnings, the company is overpriced. -1
  • The MRQ is 33.750. Based on the earnings, the company is overpriced. -1
  • The TTM is 38.421. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD35.782MRQ33.750+2.033
MRQ33.750TTM38.421-4.671
TTM38.421YOY19.949+18.472
TTM38.4215Y27.905+10.516
5Y27.90510Y20.111+7.793
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
EOD35.7829.309+26.473
MRQ33.7508.967+24.783
TTM38.42110.118+28.303
YOY19.94911.321+8.628
5Y27.90510.980+16.925
10Y20.11112.295+7.816
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Befesa SA:

  • The EOD is -24.500. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -23.108. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 0.752. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-24.500MRQ-23.108-1.392
MRQ-23.108TTM0.752-23.860
TTM0.752YOY-3.884+4.636
TTM0.7525Y-417.162+417.914
5Y-417.16210Y-247.704-169.459
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
EOD-24.500-1.898-22.602
MRQ-23.108-2.239-20.869
TTM0.752-0.660+1.412
YOY-3.884-0.915-2.969
5Y-417.162-0.431-416.731
10Y-247.704-1.445-246.259
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Waste Management industry mean).
  • A PB ratio of 1.39 means the investor is paying €1.39 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Befesa SA:

  • The EOD is 1.473. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.389. Based on the equity, the company is underpriced. +1
  • The TTM is 1.485. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.473MRQ1.389+0.084
MRQ1.389TTM1.485-0.096
TTM1.485YOY2.069-0.584
TTM1.4855Y3.426-1.941
5Y3.42610Y15.201-11.775
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
EOD1.4731.244+0.229
MRQ1.3891.319+0.070
TTM1.4851.381+0.104
YOY2.0691.534+0.535
5Y3.4261.706+1.720
10Y15.2012.254+12.947
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Befesa SA 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--1.0140.559+81%1.541-34%0.778+30%0.740+37%
Book Value Per Share--22.94822.047+4%20.071+14%14.904+54%11.065+107%
Current Ratio--1.4281.338+7%1.238+15%1.613-11%1.438-1%
Debt To Asset Ratio--0.5440.554-2%0.598-9%0.635-14%0.677-20%
Debt To Equity Ratio--1.2691.299-2%1.519-16%1.865-32%9.398-86%
Dividend Per Share---0.313-100%0.625-100%0.725-100%0.597-100%
Eps--0.2360.327-28%0.590-60%0.501-53%0.343-31%
Free Cash Flow Per Share---0.3450.109-418%0.075-561%0.156-321%0.234-248%
Free Cash Flow To Equity Per Share---0.407-0.354-13%-0.296-27%0.438-193%0.332-223%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---12.130--------
Intrinsic Value_10Y_min---9.852--------
Intrinsic Value_1Y_max--0.330--------
Intrinsic Value_1Y_min--0.325--------
Intrinsic Value_3Y_max---0.186--------
Intrinsic Value_3Y_min---0.154--------
Intrinsic Value_5Y_max---2.122--------
Intrinsic Value_5Y_min---1.868--------
Market Cap1352000000.000+6%1275200000.0001310000000.000-3%1643800000.000-22%1750056405.590-27%1450810584.252-12%
Net Profit Margin--0.0320.046-31%0.080-60%0.089-64%0.074-57%
Operating Margin--0.0820.094-13%0.119-31%0.136-39%0.151-46%
Operating Ratio--0.9180.911+1%0.9190%0.871+5%0.850+8%
Pb Ratio1.473+6%1.3891.485-6%2.069-33%3.426-59%15.201-91%
Pe Ratio35.782+6%33.75038.421-12%19.949+69%27.905+21%20.111+68%
Price Per Share33.800+6%31.88032.750-3%41.095-22%43.749-27%36.269-12%
Price To Free Cash Flow Ratio-24.500-6%-23.1080.752-3174%-3.884-83%-417.162+1705%-247.704+972%
Price To Total Gains Ratio33.346+6%31.45257.808-46%32.631-4%192.318-84%113.950-72%
Quick Ratio--1.0391.003+4%0.849+22%1.327-22%1.266-18%
Return On Assets--0.0050.007-29%0.012-60%0.013-63%0.011-58%
Return On Equity--0.0110.016-30%0.030-63%0.038-71%0.164-93%
Total Gains Per Share--1.0140.871+16%2.166-53%1.503-33%1.337-24%
Usd Book Value--995921500.000956858245.000+4%871061870.000+14%646879115.750+54%480258100.000+107%
Usd Book Value Change Per Share--1.1000.606+81%1.672-34%0.844+30%0.803+37%
Usd Book Value Per Share--24.89823.921+4%21.777+14%16.171+54%12.006+107%
Usd Dividend Per Share---0.339-100%0.678-100%0.787-100%0.647-100%
Usd Eps--0.2560.354-28%0.640-60%0.543-53%0.372-31%
Usd Free Cash Flow---14968660.0004712155.000-418%3246591.250-561%6776259.000-321%10139045.000-248%
Usd Free Cash Flow Per Share---0.3740.118-418%0.081-561%0.169-321%0.253-248%
Usd Free Cash Flow To Equity Per Share---0.442-0.384-13%-0.321-27%0.475-193%0.361-223%
Usd Market Cap1466920000.000+6%1383592000.0001421350000.000-3%1783523000.000-22%1898811200.065-27%1574129483.913-12%
Usd Price Per Share36.673+6%34.59035.534-3%44.588-22%47.468-27%39.352-12%
Usd Profit--10248910.00014175253.750-28%25602202.500-60%20702017.000-50%16837100.000-39%
Usd Revenue--323706495.000313821331.250+3%324585345.0000%244652744.000+32%225561420.000+44%
Usd Total Gains Per Share--1.1000.945+16%2.350-53%1.631-33%1.451-24%
 EOD+5 -3MRQTTM+16 -19YOY+11 -245Y+10 -2510Y+10 -25

3.2. Fundamental Score

Let's check the fundamental score of Befesa SA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1535.782
Price to Book Ratio (EOD)Between0-11.473
Net Profit Margin (MRQ)Greater than00.032
Operating Margin (MRQ)Greater than00.082
Quick Ratio (MRQ)Greater than11.039
Current Ratio (MRQ)Greater than11.428
Debt to Asset Ratio (MRQ)Less than10.544
Debt to Equity Ratio (MRQ)Less than11.269
Return on Equity (MRQ)Greater than0.150.011
Return on Assets (MRQ)Greater than0.050.005
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Befesa SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.890
Ma 20Greater thanMa 5030.265
Ma 50Greater thanMa 10031.748
Ma 100Greater thanMa 20031.655
OpenGreater thanClose33.400
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets2,011,886
Total Liabilities1,093,986
Total Stockholder Equity862,277
 As reported
Total Liabilities 1,093,986
Total Stockholder Equity+ 862,277
Total Assets = 2,011,886

Assets

Total Assets2,011,886
Total Current Assets395,383
Long-term Assets1,616,503
Total Current Assets
Cash And Cash Equivalents 90,325
Short-term Investments 35,550
Net Receivables 161,840
Inventory 107,668
Total Current Assets  (as reported)395,383
Total Current Assets  (calculated)395,383
+/-0
Long-term Assets
Property Plant Equipment 741,630
Goodwill 635,026
Intangible Assets 107,491
Long-term Assets Other 107,491
Long-term Assets  (as reported)1,616,503
Long-term Assets  (calculated)1,591,638
+/- 24,865

Liabilities & Shareholders' Equity

Total Current Liabilities276,959
Long-term Liabilities817,027
Total Stockholder Equity862,277
Total Current Liabilities
Short-term Debt 37,218
Short Long Term Debt 28,297
Accounts payable 187,098
Other Current Liabilities 32,683
Total Current Liabilities  (as reported)276,959
Total Current Liabilities  (calculated)285,296
+/- 8,337
Long-term Liabilities
Long term Debt 656,809
Capital Lease Obligations 27,035
Long-term Liabilities Other 6,637
Long-term Liabilities  (as reported)817,027
Long-term Liabilities  (calculated)690,481
+/- 126,546
Total Stockholder Equity
Common Stock111,048
Retained Earnings 9,446
Accumulated Other Comprehensive Income 218,362
Other Stockholders Equity 523,421
Total Stockholder Equity (as reported)862,277
Total Stockholder Equity (calculated)862,277
+/-0
Other
Capital Stock111,048
Cash and Short Term Investments 90,325
Common Stock Shares Outstanding 40,000
Current Deferred Revenue19,960
Liabilities and Stockholders Equity 2,011,886
Net Debt 621,816
Net Invested Capital 1,547,383
Net Working Capital 118,424
Property Plant and Equipment Gross 741,630
Short Long Term Debt Total 712,141



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-30
> Total Assets 
0
0
1,028,755
0
1,003,427
1,019,000
1,010,108
1,024,334
1,015,895
1,035,132
1,086,121
1,073,313
1,105,338
1,068,199
1,115,816
1,144,966
1,089,406
1,061,643
1,100,399
1,159,701
1,539,775
1,683,176
1,796,209
1,894,690
1,968,511
2,059,498
1,976,610
1,976,988
2,017,008
1,930,887
1,945,685
2,011,886
2,011,8861,945,6851,930,8872,017,0081,976,9881,976,6102,059,4981,968,5111,894,6901,796,2091,683,1761,539,7751,159,7011,100,3991,061,6431,089,4061,144,9661,115,8161,068,1991,105,3381,073,3131,086,1211,035,1321,015,8951,024,3341,010,1081,019,0001,003,42701,028,75500
   > Total Current Assets 
0
0
232,776
0
219,388
234,600
237,978
261,296
254,806
255,851
298,022
297,462
310,948
256,010
277,801
306,990
271,866
248,366
277,635
310,120
679,779
382,187
437,769
479,972
516,175
423,892
420,726
424,992
428,341
344,110
341,561
395,383
395,383341,561344,110428,341424,992420,726423,892516,175479,972437,769382,187679,779310,120277,635248,366271,866306,990277,801256,010310,948297,462298,022255,851254,806261,296237,978234,600219,3880232,77600
       Cash And Cash Equivalents 
0
0
59,054
0
84,647
87,900
117,582
118,225
104,422
105,643
150,648
154,774
170,346
100,717
125,460
119,923
106,625
107,764
154,558
163,989
527,232
200,667
224,089
237,102
238,702
139,129
161,751
142,990
143,463
80,815
106,692
90,325
90,325106,69280,815143,463142,990161,751139,129238,702237,102224,089200,667527,232163,989154,558107,764106,625119,923125,460100,717170,346154,774150,648105,643104,422118,225117,58287,90084,647059,05400
       Short-term Investments 
0
0
-20,522
0
0
449,400
0
0
0
0
0
0
10,692
11,584
0
46,289
36,870
11,881
64
121
6,358
1,062
825
1,028
1,018
4,862
455
2,704
40,303
15,846
14,176
35,550
35,55014,17615,84640,3032,7044554,8621,0181,0288251,0626,3581216411,88136,87046,289011,58410,692000000449,40000-20,52200
       Net Receivables 
0
0
0
0
104,162
113,400
75,141
101,421
100,969
103,778
80,657
96,677
61,018
69,740
72,850
89,871
88,330
91,241
83,663
107,720
107,318
122,336
145,230
162,059
1,018
180,423
155,094
173,129
140,718
153,320
119,154
161,840
161,840119,154153,320140,718173,129155,094180,4231,018162,059145,230122,336107,318107,72083,66391,24188,33089,87172,85069,74061,01896,67780,657103,778100,969101,42175,141113,400104,1620000
       Other Current Assets 
0
0
143,868
0
105,348
113,400
75,600
101,421
104,971
103,778
105,111
96,677
87,096
97,893
100,588
89,871
90,374
91,241
83,727
121
107,318
1,062
973
162,059
207,134
180,423
887
2,704
605
15,846
450
35,550
35,55045015,8466052,704887180,423207,134162,0599731,062107,31812183,72791,24190,37489,871100,58897,89387,09696,677105,111103,778104,971101,42175,600113,400105,3480143,86800
   > Long-term Assets 
0
0
795,979
0
784,039
784,500
772,130
763,038
761,089
779,281
788,099
775,851
794,390
812,189
838,015
837,976
817,540
813,277
822,764
849,581
859,996
0
1,358,440
1,414,718
1,452,336
1,635,606
1,555,884
1,551,996
1,588,667
1,586,777
1,604,124
1,616,503
1,616,5031,604,1241,586,7771,588,6671,551,9961,555,8841,635,6061,452,3361,414,7181,358,4400859,996849,581822,764813,277817,540837,976838,015812,189794,390775,851788,099779,281761,089763,038772,130784,500784,0390795,97900
       Property Plant Equipment 
0
0
250,335
0
246,194
244,000
248,191
245,885
250,148
254,366
275,105
280,931
287,073
305,557
326,001
326,576
314,793
314,463
315,709
336,898
343,670
488,217
539,410
551,611
582,105
730,680
713,704
719,969
722,159
747,860
734,605
741,630
741,630734,605747,860722,159719,969713,704730,680582,105551,611539,410488,217343,670336,898315,709314,463314,793326,576326,001305,557287,073280,931275,105254,366250,148245,885248,191244,000246,1940250,33500
       Goodwill 
0
0
339,034
0
339,034
0
335,564
0
0
0
335,564
0
335,564
335,564
335,564
335,564
335,564
335,564
335,564
335,564
335,564
612,138
573,151
577,967
594,629
611,612
587,853
583,004
583,209
589,568
629,643
635,026
635,026629,643589,568583,209583,004587,853611,612594,629577,967573,151612,138335,564335,564335,564335,564335,564335,564335,564335,564335,5640335,564000335,5640339,0340339,03400
       Long Term Investments 
0
0
0
0
1,467
0
1,277
0
396
0
804
0
462
13,765
118
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000011813,7654620804039601,27701,4670000
       Intangible Assets 
0
0
91,152
0
89,087
426,900
88,162
423,488
422,714
422,137
87,104
422,268
87,341
86,948
86,912
86,633
86,342
86,045
87,458
86,980
86,668
86,291
104,418
104,567
105,307
106,315
106,114
105,480
104,271
105,013
108,030
107,491
107,491108,030105,013104,271105,480106,114106,315105,307104,567104,41886,29186,66886,98087,45886,04586,34286,63386,91286,94887,341422,26887,104422,137422,714423,48888,162426,90089,087091,15200
       Other Assets 
0
0
0
0
108,257
-100
102,602
93,665
87,831
102,778
106,951
72,652
83,950
70,355
93,622
70,298
80,299
72,014
88,706
90,021
93,950
105,612
137,323
180,527
160,622
186,953
122,358
0
0
0
0
0
00000122,358186,953160,622180,527137,323105,61293,95090,02188,70672,01480,29970,29893,62270,35583,95072,652106,951102,77887,83193,665102,602-100108,2570000
> Total Liabilities 
0
0
870,570
0
804,787
819,900
830,381
1,012,887
769,616
1,027,362
743,492
777,654
796,915
740,072
755,598
760,092
737,456
726,228
772,818
826,029
910,786
1,070,806
1,164,662
1,312,693
1,251,304
1,213,185
1,157,358
1,148,472
1,130,242
1,085,321
1,068,329
1,093,986
1,093,9861,068,3291,085,3211,130,2421,148,4721,157,3581,213,1851,251,3041,312,6931,164,6621,070,806910,786826,029772,818726,228737,456760,092755,598740,072796,915777,654743,4921,027,362769,6161,012,887830,381819,900804,7870870,57000
   > Total Current Liabilities 
0
0
203,748
0
506,931
136,100
218,044
233,840
189,066
147,260
141,826
182,123
188,997
136,246
139,298
137,043
133,717
129,629
153,576
181,612
250,394
276,171
319,801
381,266
403,704
372,218
333,065
334,458
317,140
276,515
257,034
276,959
276,959257,034276,515317,140334,458333,065372,218403,704381,266319,801276,171250,394181,612153,576129,629133,717137,043139,298136,246188,997182,123141,826147,260189,066233,840218,044136,100506,9310203,74800
       Short-term Debt 
0
0
29,307
581,884
325,799
536,800
5,083
525,665
9,408
0
7,329
0
11,041
9,102
12,193
11,174
13,761
11,416
16,753
13,948
18,131
0
25,403
27,513
25,245
28,752
33,336
35,768
36,839
37,730
31,863
37,218
37,21831,86337,73036,83935,76833,33628,75225,24527,51325,403018,13113,94816,75311,41613,76111,17412,1939,10211,04107,32909,408525,6655,083536,800325,799581,88429,30700
       Short Long Term Debt 
0
0
0
581,884
538,520
536,800
5,013
525,665
9,349
0
7,269
0
8,118
5,279
8,621
7,125
9,874
7,874
13,629
10,829
15,017
0
17,791
19,609
17,180
19,520
23,038
26,686
28,094
29,022
28,798
28,297
28,29728,79829,02228,09426,68623,03819,52017,18019,60917,791015,01710,82913,6297,8749,8747,1258,6215,2798,11807,26909,349525,6655,013536,800538,520581,884000
       Accounts payable 
0
0
99,656
0
110,991
136,100
114,855
134,947
132,828
120,529
101,623
125,028
94,665
83,609
91,751
95,034
72,118
77,756
98,704
109,627
113,190
129,654
152,850
150,651
186,137
198,612
200,443
196,259
171,897
166,142
171,084
187,098
187,098171,084166,142171,897196,259200,443198,612186,137150,651152,850129,654113,190109,62798,70477,75672,11895,03491,75183,60994,665125,028101,623120,529132,828134,947114,855136,100110,991099,65600
       Other Current Liabilities 
0
0
5,704
0
4,189
0
11,702
98,893
46,485
26,731
2,807
57,095
61,247
16,875
1,614
11,910
32,104
22,155
29,702
16,007
65,329
94,291
141,548
203,102
192,322
144,854
99,286
102,431
82,416
30,028
49,451
32,683
32,68349,45130,02882,416102,43199,286144,854192,322203,102141,54894,29165,32916,00729,70222,15532,10411,9101,61416,87561,24757,0952,80726,73146,48598,89311,70204,18905,70400
   > Long-term Liabilities 
0
0
666,822
0
297,856
683,800
612,337
779,047
580,550
880,102
601,666
595,531
607,918
603,826
616,300
623,049
603,739
596,599
619,242
644,417
660,392
0
844,861
931,427
847,600
840,967
824,293
814,014
813,102
808,806
811,295
817,027
817,027811,295808,806813,102814,014824,293840,967847,600931,427844,8610660,392644,417619,242596,599603,739623,049616,300603,826607,918595,531601,666880,102580,550779,047612,337683,800297,8560666,82200
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
516,818
531,462
544,787
550,004
663,368
669,327
683,114
684,413
684,617
0
0
0
0
0
0
000000684,617684,413683,114669,327663,368550,004544,787531,462516,81800000000000000000
       Other Liabilities 
0
0
0
0
85,135
147,100
93,183
154,344
107,592
94,189
81,497
114,743
75,449
73,294
82,903
91,680
87,335
79,781
84,191
83,444
108,369
118,955
175,534
248,313
163,187
156,350
0
0
0
0
0
0
000000156,350163,187248,313175,534118,955108,36983,44484,19179,78187,33591,68082,90373,29475,449114,74381,49794,189107,592154,34493,183147,10085,1350000
       Deferred Long Term Liability 
0
0
0
0
0
0
3,666
0
0
0
3,838
0
0
0
4,202
0
0
0
4,791
0
0
0
4,737
0
0
0
5,313
0
0
0
0
0
000005,3130004,7370004,7910004,2020003,8380003,666000000
> Total Stockholder Equity
0
0
149,254
149,254
190,413
189,400
169,160
11,447
237,965
7,770
333,203
285,674
296,435
313,931
346,433
372,623
340,708
325,958
317,287
323,176
617,779
612,370
622,835
572,197
706,103
832,280
805,099
814,650
865,125
821,127
823,527
862,277
862,277823,527821,127865,125814,650805,099832,280706,103572,197622,835612,370617,779323,176317,287325,958340,708372,623346,433313,931296,435285,674333,2037,770237,96511,447169,160189,400190,413149,254149,25400
   Common Stock
0
0
64,093
0
64,093
64,100
94,576
197,931
94,576
289,141
94,576
285,674
94,576
94,576
94,576
94,576
94,576
94,576
94,576
94,576
111,048
111,048
111,048
111,048
111,048
111,048
111,048
111,048
111,048
111,048
111,048
111,048
111,048111,048111,048111,048111,048111,048111,048111,048111,048111,048111,048111,04894,57694,57694,57694,57694,57694,57694,57694,576285,67494,576289,14194,576197,93194,57664,10064,093064,09300
   Retained Earnings Total Equity00000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
-350,608
0
0
0
-369,593
0
0
0
-363,476
0
0
0
-397,732
0
0
0
-444,284
0
0
0
0
0
62,188
188,365
161,184
170,735
221,210
177,212
179,612
218,362
218,362179,612177,212221,210170,735161,184188,36562,18800000-444,284000-397,732000-363,476000-369,593000-350,60800
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
263,875
263,875
263,875
263,875
263,875
263,875
532,867
532,867
532,867
532,867
532,867
532,867
0
0
0
0
0
0
000000532,867532,867532,867532,867532,867532,867263,875263,875263,875263,875263,875263,87500000000000000
   Treasury Stock00000000000000000000000000000000
   Other Stockholders Equity 
0
0
488,683
0
93,490
87,600
394,926
0
98,563
0
511,914
285,674
159,973
158,630
566,876
263,357
225,558
199,962
619,387
203,820
461,137
-75,260
412,042
434,156
482,834
445,619
426,647
517,708
512,618
505,315
474,895
523,421
523,421474,895505,315512,618517,708426,647445,619482,834434,156412,042-75,260461,137203,820619,387199,962225,558263,357566,876158,630159,973285,674511,914098,5630394,92687,60093,4900488,68300



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue1,180,600
Cost of Revenue-1,092,763
Gross Profit87,83787,837
 
Operating Income (+$)
Gross Profit87,837
Operating Expense-18,297
Operating Income69,54069,540
 
Operating Expense (+$)
Research Development3,800
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense18,2973,800
 
Net Interest Income (+$)
Interest Income12,234
Interest Expense-35,786
Other Finance Cost-5,582
Net Interest Income-29,134
 
Pretax Income (+$)
Operating Income69,540
Net Interest Income-29,134
Other Non-Operating Income Expenses0
Income Before Tax (EBT)68,06871,012
EBIT - interestExpense = 33,754
68,472
93,758
Interest Expense35,786
Earnings Before Interest and Taxes (EBIT)69,540103,854
Earnings Before Interest and Taxes (EBITDA)150,204
 
After tax Income (+$)
Income Before Tax68,068
Tax Provision-19,284
Net Income From Continuing Ops45,70948,784
Net Income57,972
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,111,060
Total Other Income/Expenses Net-1,47229,134
 

Technical Analysis of Befesa
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 Befesa. The general trend of Befesa is BULLISH with 28.6% 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 Befesa'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 (28.6%) Bearish trend (-28.6%)
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 Befesa SA.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 37.74 < 38.22 < 39.82.

The bearish price targets are: 26.20 > 26.14 > 23.48.

Tweet this
Befesa SA 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 Befesa SA. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above 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 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 down: The MA 100 is trending down. -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 down: The MA 200 is trending down. -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

Befesa SA 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 Befesa SA. The current macd is 0.55409483.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-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 Befesa price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Befesa. 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 Befesa 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 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
Befesa SA Daily Moving Average Convergence/Divergence (MACD) ChartBefesa SA 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 Befesa SA. The current adx is 26.42.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Befesa shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Befesa SA 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 Befesa SA. The current sar is 30.68.

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
Befesa SA 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 Befesa SA. The current rsi is 66.89. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Befesa SA Daily Relative Strength Index (RSI) ChartBefesa SA 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 Befesa SA. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +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 Befesa price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Befesa SA Daily Stochastic Oscillator ChartBefesa SA Daily Stochastic Oscillator Chart
3.3 Commodity C