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Econocom Group SA/NV
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Let's analyse Econocom together

PenkeI guess you are interested in Econocom Group SA/NV. 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 Econocom Group SA/NV. 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 Econocom (30 sec.)










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

How much money do you get?

How much money do you get?
€0.69
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€2.66
Expected worth in 1 year
€4.24
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
€2.21
Return On Investment
104.5%

For what price can you sell your share?

Current Price per Share
€2.12
Expected price per share
€1.99 - €2.29
How sure are you?
50%

1. Valuation of Econocom (5 min.)




Live pricePrice per Share (EOD)

€2.12

Intrinsic Value Per Share

€-8.80 - €1.87

Total Value Per Share

€-6.14 - €4.54

2. Growth of Econocom (5 min.)




Is Econocom growing?

Current yearPrevious yearGrowGrow %
How rich?$513.4m$494.1m$19.3m3.8%

How much money is Econocom making?

Current yearPrevious yearGrowGrow %
Making money$68.6m$69m-$324.5k-0.5%
Net Profit Margin2.4%2.3%--

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

3. Financial Health of Econocom (5 min.)




4. Comparing to competitors in the Information Technology Services industry (5 min.)




  Industry Rankings (Information Technology Services)  


Richest
#84 / 401

Most Revenue
#24 / 401

Most Profit
#42 / 401

Most Efficient
#227 / 401

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

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

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

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

Speculation

The Price per Share of Econocom is €2.115. 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 Econocom.
  • 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 Econocom, 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 €2.66. Based on the TTM, the Book Value Change Per Share is €0.39 per quarter. Based on the YOY, the Book Value Change Per Share is €0.24 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 €0.16 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Econocom.

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 Eps0.3918.2%0.3918.2%0.3416.2%0.2913.8%0.2612.3%
Usd Book Value Change Per Share0.4320.1%0.4320.1%0.2612.3%0.167.7%0.177.8%
Usd Dividend Per Share0.178.1%0.178.1%0.2411.3%0.157.2%0.125.7%
Usd Total Gains Per Share0.6028.3%0.6028.3%0.5023.5%0.3214.9%0.2913.6%
Usd Price Per Share2.78-2.78-3.08-3.02-7.83-
Price to Earnings Ratio7.21-7.21-8.99-10.96-40.64-
Price-to-Total Gains Ratio4.65-4.65-6.20-13.97-1,901.70-
Price to Book Ratio0.96-0.96-1.26-1.31-5.19-
Price-to-Total Gains Ratio4.65-4.65-6.20-13.97-1,901.70-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.2877955
Number of shares437
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.170.15
Usd Book Value Change Per Share0.430.16
Usd Total Gains Per Share0.600.32
Gains per Quarter (437 shares)261.10137.78
Gains per Year (437 shares)1,044.42551.13
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13007441034266285541
2600148820785335701092
3901223331227998541643
4120129774166106511392194
5150137215210133214242745
6180144656254159817093296
7210152097298186419933847
8240259548342213122784398
9270266989386239725634949
103002744210430266328485500

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 Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%22.01.01.091.7%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%7.03.00.070.0%18.06.00.075.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%24.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%20.04.00.083.3%

Fundamentals of Econocom

About Econocom Group SA/NV

Econocom Group SE conceives, finances, and facilitates the digital transformation of large firms and public organizations in Belgium and internationally. It offers financing solutions for the administrative and financial management of the ICT and digital assets of the businesses. The company also provides consulting, infrastructure management, applications development, and digital solutions and systems integration; and sells hardware and software, such as PCs, tablets, servers, printers, licenses, digital objects, etc. Econocom Group SE was incorporated in 1982 and is based in Brussels, Belgium.

Fundamental data was last updated by Penke on 2024-03-19 05:41:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is efficient 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 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 cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of Econocom Group SA/NV.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Econocom to the Information Technology Services industry mean.
  • A Net Profit Margin of 2.4% means that €0.02 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Econocom Group SA/NV:

  • The MRQ is 2.4%. The company is making a profit. +1
  • The TTM is 2.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.4%TTM2.4%0.0%
TTM2.4%YOY2.3%+0.0%
TTM2.4%5Y2.2%+0.2%
5Y2.2%10Y2.1%+0.1%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4%3.8%-1.4%
TTM2.4%3.6%-1.2%
YOY2.3%3.4%-1.1%
5Y2.2%3.4%-1.2%
10Y2.1%3.3%-1.2%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Econocom to the Information Technology Services industry mean.
  • 2.8% Return on Assets means that Econocom generated €0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Econocom Group SA/NV:

  • The MRQ is 2.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.8%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.8%TTM2.8%0.0%
TTM2.8%YOY2.6%+0.2%
TTM2.8%5Y2.3%+0.5%
5Y2.3%10Y2.3%0.0%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8%1.3%+1.5%
TTM2.8%1.3%+1.5%
YOY2.6%1.3%+1.3%
5Y2.3%1.3%+1.0%
10Y2.3%1.3%+1.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Econocom to the Information Technology Services industry mean.
  • 15.3% Return on Equity means Econocom generated €0.15 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Econocom Group SA/NV:

  • The MRQ is 15.3%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 15.3%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ15.3%TTM15.3%0.0%
TTM15.3%YOY16.4%-1.0%
TTM15.3%5Y14.3%+1.1%
5Y14.3%10Y16.1%-1.8%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ15.3%2.8%+12.5%
TTM15.3%2.7%+12.6%
YOY16.4%3.3%+13.1%
5Y14.3%3.2%+11.1%
10Y16.1%3.0%+13.1%

1.2. Operating Efficiency of Econocom Group SA/NV.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Econocom is operating .

  • Measures how much profit Econocom 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 Econocom to the Information Technology Services industry mean.
  • An Operating Margin of 4.2% means the company generated €0.04  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Econocom Group SA/NV:

  • The MRQ is 4.2%. The company is operating less efficient.
  • The TTM is 4.2%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ4.2%TTM4.2%0.0%
TTM4.2%YOY4.9%-0.7%
TTM4.2%5Y4.7%-0.6%
5Y4.7%10Y4.3%+0.4%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ4.2%7.0%-2.8%
TTM4.2%4.0%+0.2%
YOY4.9%5.7%-0.8%
5Y4.7%5.1%-0.4%
10Y4.3%4.7%-0.4%
1.2.2. Operating Ratio

Measures how efficient Econocom is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Information Technology Services 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 Econocom Group SA/NV:

  • The MRQ is 0.958. The company is less efficient in keeping operating costs low.
  • The TTM is 0.958. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.958TTM0.9580.000
TTM0.958YOY0.951+0.007
TTM0.9585Y0.954+0.004
5Y0.95410Y0.953+0.001
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9581.133-0.175
TTM0.9581.178-0.220
YOY0.9511.078-0.127
5Y0.9541.121-0.167
10Y0.9531.087-0.134

1.3. Liquidity of Econocom Group SA/NV.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Information Technology Services industry mean).
  • A Current Ratio of 1.12 means the company has €1.12 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Econocom Group SA/NV:

  • The MRQ is 1.122. The company is just able to pay all its short-term debts.
  • The TTM is 1.122. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.122TTM1.1220.000
TTM1.122YOY1.059+0.063
TTM1.1225Y1.100+0.022
5Y1.10010Y1.086+0.014
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1221.481-0.359
TTM1.1221.467-0.345
YOY1.0591.584-0.525
5Y1.1001.628-0.528
10Y1.0861.577-0.491
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Econocom to the Information Technology Services industry mean.
  • A Quick Ratio of 0.82 means the company can pay off €0.82 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Econocom Group SA/NV:

  • The MRQ is 0.817. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.817. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.817TTM0.8170.000
TTM0.817YOY0.770+0.047
TTM0.8175Y0.861-0.044
5Y0.86110Y0.910-0.049
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8171.004-0.187
TTM0.8171.017-0.200
YOY0.7701.161-0.391
5Y0.8611.194-0.333
10Y0.9101.162-0.252

1.4. Solvency of Econocom Group SA/NV.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Econocom to Information Technology Services industry mean.
  • A Debt to Asset Ratio of 0.79 means that Econocom assets are financed with 79.2% credit (debt) and the remaining percentage (100% - 79.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Econocom Group SA/NV:

  • The MRQ is 0.792. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.792. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.792TTM0.7920.000
TTM0.792YOY0.817-0.026
TTM0.7925Y0.816-0.024
5Y0.81610Y0.826-0.010
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7920.499+0.293
TTM0.7920.499+0.293
YOY0.8170.497+0.320
5Y0.8160.506+0.310
10Y0.8260.495+0.331
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Econocom to the Information Technology Services industry mean.
  • A Debt to Equity ratio of 436.1% means that company has €4.36 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Econocom Group SA/NV:

  • The MRQ is 4.361. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.361. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.361TTM4.3610.000
TTM4.361YOY5.241-0.880
TTM4.3615Y5.192-0.831
5Y5.19210Y5.846-0.654
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ4.3610.933+3.428
TTM4.3610.981+3.380
YOY5.2410.979+4.262
5Y5.1921.046+4.146
10Y5.8461.057+4.789

2. Market Valuation of Econocom Group SA/NV

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 Econocom generates.

  • Above 15 is considered overpriced but always compare Econocom to the Information Technology Services industry mean.
  • A PE ratio of 7.21 means the investor is paying €7.21 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Econocom Group SA/NV:

  • The EOD is 5.937. Based on the earnings, the company is cheap. +2
  • The MRQ is 7.214. Based on the earnings, the company is cheap. +2
  • The TTM is 7.214. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.937MRQ7.214-1.277
MRQ7.214TTM7.2140.000
TTM7.214YOY8.991-1.777
TTM7.2145Y10.960-3.747
5Y10.96010Y40.644-29.684
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD5.93715.301-9.364
MRQ7.21412.943-5.729
TTM7.21414.770-7.556
YOY8.99117.366-8.375
5Y10.96018.091-7.131
10Y40.64420.242+20.402
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Econocom Group SA/NV:

  • The EOD is 55.438. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 67.365. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 67.365. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD55.438MRQ67.365-11.926
MRQ67.365TTM67.3650.000
TTM67.365YOY6.148+61.217
TTM67.3655Y19.991+47.374
5Y19.99110Y41.581-21.590
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD55.4386.438+49.000
MRQ67.3656.379+60.986
TTM67.3654.370+62.995
YOY6.1486.332-0.184
5Y19.9915.929+14.062
10Y41.5815.680+35.901
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Information Technology Services industry mean).
  • A PB ratio of 0.96 means the investor is paying €0.96 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Econocom Group SA/NV:

  • The EOD is 0.794. Based on the equity, the company is cheap. +2
  • The MRQ is 0.965. Based on the equity, the company is cheap. +2
  • The TTM is 0.965. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.794MRQ0.965-0.171
MRQ0.965TTM0.9650.000
TTM0.965YOY1.256-0.291
TTM0.9655Y1.311-0.346
5Y1.31110Y5.185-3.875
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD0.7942.444-1.650
MRQ0.9652.210-1.245
TTM0.9652.322-1.357
YOY1.2562.716-1.460
5Y1.3112.853-1.542
10Y5.1853.302+1.883
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Econocom Group SA/NV 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--0.3940.3940%0.240+64%0.151+161%0.153+157%
Book Value Per Share--2.6632.6630%2.270+17%2.166+23%1.839+45%
Current Ratio--1.1221.1220%1.059+6%1.100+2%1.086+3%
Debt To Asset Ratio--0.7920.7920%0.817-3%0.816-3%0.826-4%
Debt To Equity Ratio--4.3614.3610%5.241-17%5.192-16%5.846-25%
Dividend Per Share--0.1590.1590%0.220-28%0.141+13%0.112+42%
Eps--0.3560.3560%0.317+12%0.269+32%0.241+48%
Free Cash Flow Per Share--0.0380.0380%0.464-92%0.401-90%0.261-85%
Free Cash Flow To Equity Per Share---0.856-0.8560%0.352-343%-0.405-53%0.066-1404%
Gross Profit Margin--0.2720.2720%0.218+25%0.805-66%0.903-70%
Intrinsic Value_10Y_max--1.874--------
Intrinsic Value_10Y_min---8.803--------
Intrinsic Value_1Y_max--0.356--------
Intrinsic Value_1Y_min---0.046--------
Intrinsic Value_3Y_max--0.942--------
Intrinsic Value_3Y_min---0.864--------
Intrinsic Value_5Y_max--1.373--------
Intrinsic Value_5Y_min---2.470--------
Market Cap365051098.080-25%458079542.190458079542.1900%573602055.150-20%606795013.811-25%1660831061.140-72%
Net Profit Margin--0.0240.0240%0.023+1%0.022+9%0.021+14%
Operating Margin--0.0420.0420%0.049-15%0.047-12%0.043-3%
Operating Ratio--0.9580.9580%0.951+1%0.954+0%0.953+1%
Pb Ratio0.794-22%0.9650.9650%1.256-23%1.311-26%5.185-81%
Pe Ratio5.937-22%7.2147.2140%8.991-20%10.960-34%40.644-82%
Price Per Share2.115-22%2.5702.5700%2.850-10%2.794-8%7.238-64%
Price To Free Cash Flow Ratio55.438-22%67.36567.3650%6.148+996%19.991+237%41.581+62%
Price To Total Gains Ratio3.829-22%4.6534.6530%6.198-25%13.972-67%1901.703-100%
Quick Ratio--0.8170.8170%0.770+6%0.861-5%0.910-10%
Return On Assets--0.0280.0280%0.026+9%0.023+22%0.023+20%
Return On Equity--0.1530.1530%0.164-6%0.143+8%0.161-5%
Total Gains Per Share--0.5520.5520%0.460+20%0.291+90%0.266+108%
Usd Book Value--513482990.000513482990.0000%494120560.000+4%503444814.000+2%447865120.940+15%
Usd Book Value Change Per Share--0.4260.4260%0.259+64%0.163+161%0.166+157%
Usd Book Value Per Share--2.8812.8810%2.455+17%2.343+23%1.989+45%
Usd Dividend Per Share--0.1720.1720%0.238-28%0.152+13%0.121+42%
Usd Eps--0.3850.3850%0.343+12%0.291+32%0.260+48%
Usd Free Cash Flow--7355560.0007355560.0000%100922610.000-93%100165420.000-93%65222183.200-89%
Usd Free Cash Flow Per Share--0.0410.0410%0.501-92%0.434-90%0.283-85%
Usd Free Cash Flow To Equity Per Share---0.926-0.9260%0.381-343%-0.438-53%0.071-1404%
Usd Market Cap394875772.793-25%495504640.787495504640.7870%620465343.056-20%656370166.439-25%1796520958.835-72%
Usd Price Per Share2.288-22%2.7802.7800%3.083-10%3.023-8%7.830-64%
Usd Profit--68687950.00068687950.0000%69012460.0000%61527096.000+12%58247273.430+18%
Usd Revenue--2900254040.0002900254040.0000%2940385110.000-1%2858651858.000+1%2810712212.040+3%
Usd Total Gains Per Share--0.5970.5970%0.497+20%0.315+90%0.287+108%
 EOD+4 -4MRQTTM+0 -0YOY+19 -175Y+22 -1410Y+21 -15

3.2. Fundamental Score

Let's check the fundamental score of Econocom Group SA/NV based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.937
Price to Book Ratio (EOD)Between0-10.794
Net Profit Margin (MRQ)Greater than00.024
Operating Margin (MRQ)Greater than00.042
Quick Ratio (MRQ)Greater than10.817
Current Ratio (MRQ)Greater than11.122
Debt to Asset Ratio (MRQ)Less than10.792
Debt to Equity Ratio (MRQ)Less than14.361
Return on Equity (MRQ)Greater than0.150.153
Return on Assets (MRQ)Greater than0.050.028
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Econocom Group SA/NV based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.361
Ma 20Greater thanMa 502.089
Ma 50Greater thanMa 1002.200
Ma 100Greater thanMa 2002.357
OpenGreater thanClose2.080
Total0/5 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets2,279,600
Total Liabilities1,804,900
Total Stockholder Equity413,900
 As reported
Total Liabilities 1,804,900
Total Stockholder Equity+ 413,900
Total Assets = 2,279,600

Assets

Total Assets2,279,600
Total Current Assets1,433,600
Long-term Assets846,000
Total Current Assets
Cash And Cash Equivalents 226,600
Net Receivables 817,500
Inventory 81,200
Other Current Assets 308,300
Total Current Assets  (as reported)1,433,600
Total Current Assets  (calculated)1,433,600
+/-0
Long-term Assets
Property Plant Equipment 86,000
Goodwill 525,100
Intangible Assets 46,100
Long-term Assets Other 46,200
Long-term Assets  (as reported)846,000
Long-term Assets  (calculated)703,400
+/- 142,600

Liabilities & Shareholders' Equity

Total Current Liabilities1,277,800
Long-term Liabilities527,100
Total Stockholder Equity413,900
Total Current Liabilities
Short-term Debt 133,700
Short Long Term Debt 68,200
Accounts payable 648,200
Other Current Liabilities 341,700
Total Current Liabilities  (as reported)1,277,800
Total Current Liabilities  (calculated)1,191,800
+/- 86,000
Long-term Liabilities
Long term Debt 313,600
Capital Lease Obligations 187,700
Long-term Liabilities Other 7,400
Long-term Liabilities  (as reported)527,100
Long-term Liabilities  (calculated)508,700
+/- 18,400
Total Stockholder Equity
Common Stock23,700
Retained Earnings 255,600
Accumulated Other Comprehensive Income 8,500
Other Stockholders Equity 126,100
Total Stockholder Equity (as reported)413,900
Total Stockholder Equity (calculated)413,900
+/-0
Other
Capital Stock23,700
Cash and Short Term Investments 226,600
Common Stock Shares Outstanding 178,241
Current Deferred Revenue154,200
Liabilities and Stockholders Equity 2,279,600
Net Debt 344,000
Net Invested Capital 795,700
Net Working Capital 156,900
Property Plant and Equipment Gross 229,500
Short Long Term Debt Total 570,600



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-31
> Total Assets 
291,441
283,906
388,393
336,671
306,774
276,794
304,961
315,774
367,626
347,139
1,253,715
1,043,645
1,098,314
1,471,144
1,602,415
1,817,500
2,134,500
2,427,600
3,009,100
2,936,800
2,659,800
2,338,200
2,501,900
2,279,600
2,279,6002,501,9002,338,2002,659,8002,936,8003,009,1002,427,6002,134,5001,817,5001,602,4151,471,1441,098,3141,043,6451,253,715347,139367,626315,774304,961276,794306,774336,671388,393283,906291,441
   > Total Current Assets 
0
228,464
253,615
254,976
229,912
227,921
257,385
259,007
300,794
274,316
968,832
787,057
817,752
951,525
1,033,769
1,126,800
1,358,300
1,531,700
2,046,900
2,058,200
1,795,700
1,499,200
1,620,600
1,433,600
1,433,6001,620,6001,499,2001,795,7002,058,2002,046,9001,531,7001,358,3001,126,8001,033,769951,525817,752787,057968,832274,316300,794259,007257,385227,921229,912254,976253,615228,4640
       Cash And Cash Equivalents 
51,328
50,425
58,080
84,761
48,800
60,065
76,616
61,255
56,768
62,522
217,873
144,772
79,850
150,139
207,335
209,600
348,700
237,900
608,400
593,800
649,300
405,900
404,800
226,600
226,600404,800405,900649,300593,800608,400237,900348,700209,600207,335150,13979,850144,772217,87362,52256,76861,25576,61660,06548,80084,76158,08050,42551,328
       Short-term Investments 
2,309
7,035
13,424
17,509
14,368
18,700
0
0
0
0
0
0
2,679
1,004
6,685
600
1,700
1,000
1,600
0
-158,800
-151,300
-136,100
0
0-136,100-151,300-158,80001,6001,0001,7006006,6851,0042,67900000018,70014,36817,50913,4247,0352,309
       Net Receivables 
153,569
147,070
167,953
140,815
159,806
149,525
165,963
183,051
227,369
194,239
683,337
601,199
678,431
719,975
738,617
698,900
887,800
1,127,600
1,278,800
1,376,400
906,200
816,000
909,400
817,500
817,500909,400816,000906,2001,376,4001,278,8001,127,600887,800698,900738,617719,975678,431601,199683,337194,239227,369183,051165,963149,525159,806140,815167,953147,070153,569
       Other Current Assets 
7,567
161,462
184,868
161,789
177,328
159,192
175,593
189,520
236,412
205,609
734,706
627,427
709,597
780,065
792,445
894,500
968,700
1,228,900
1,384,800
27,900
145,600
143,700
192,600
308,300
308,300192,600143,700145,60027,9001,384,8001,228,900968,700894,500792,445780,065709,597627,427734,706205,609236,412189,520175,593159,192177,328161,789184,868161,4627,567
   > Long-term Assets 
0
55,442
134,778
81,695
76,862
48,873
47,576
56,767
66,832
72,823
284,883
256,588
280,562
519,619
568,646
690,700
776,200
895,900
962,200
878,700
864,100
839,000
881,300
846,000
846,000881,300839,000864,100878,700962,200895,900776,200690,700568,646519,619280,562256,588284,88372,82366,83256,76747,57648,87376,86281,695134,77855,4420
       Property Plant Equipment 
31,585
32,293
104,822
56,967
54,131
11,517
9,956
8,397
9,571
9,144
13,469
13,364
13,330
21,746
26,199
30,100
41,400
48,400
48,600
92,600
89,900
86,800
95,600
86,000
86,00095,60086,80089,90092,60048,60048,40041,40030,10026,19921,74613,33013,36413,4699,1449,5718,3979,95611,51754,13156,967104,82232,29331,585
       Goodwill 
10,796
7,677
10,351
7,680
9,989
14,661
16,556
25,541
28,774
28,856
147,672
134,222
149,207
331,490
380,787
483,500
539,100
598,800
631,100
512,900
499,500
494,900
554,200
525,100
525,100554,200494,900499,500512,900631,100598,800539,100483,500380,787331,490149,207134,222147,67228,85628,77425,54116,55614,6619,9897,68010,3517,67710,796
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
633
900
2,700
4,300
6,300
8,900
0
0
0
0
0
000008,9006,3004,3002,7009006330000000000000
       Intangible Assets 
11,856
2,472
1,448
1,192
1,411
877
1,441
1,758
2,650
3,414
51,661
48,639
47,790
59,239
57,558
64,100
67,600
79,600
83,400
57,300
547,100
531,500
597,500
46,100
46,100597,500531,500547,10057,30083,40079,60067,60064,10057,55859,23947,79048,63951,6613,4142,6501,7581,4418771,4111,1921,4482,47211,856
       Long-term Assets Other 
0
12,761
18,157
15,856
11,331
19,484
15,766
15,148
18,567
23,511
35,378
47,259
45,841
66,511
73,596
80,200
89,200
125,000
145,500
178,500
-499,500
-494,900
-554,200
46,200
46,200-554,200-494,900-499,500178,500145,500125,00089,20080,20073,59666,51145,84147,25935,37823,51118,56715,14815,76619,48411,33115,85618,15712,7610
> Total Liabilities 
217,156
199,028
300,574
263,111
226,509
188,744
216,620
232,402
283,177
262,536
1,114,030
908,142
941,142
1,211,174
1,322,933
1,537,000
1,855,500
1,944,500
2,517,900
2,452,900
2,186,900
1,899,400
2,045,100
1,804,900
1,804,9002,045,1001,899,4002,186,9002,452,9002,517,9001,944,5001,855,5001,537,0001,322,9331,211,174941,142908,1421,114,030262,536283,177232,402216,620188,744226,509263,111300,574199,028217,156
   > Total Current Liabilities 
193,587
152,095
217,261
202,210
176,850
178,092
203,706
209,770
260,873
229,377
946,412
795,966
813,164
1,028,137
1,003,035
1,089,900
1,269,600
1,389,400
1,816,800
1,789,200
1,631,100
1,404,100
1,530,100
1,277,800
1,277,8001,530,1001,404,1001,631,1001,789,2001,816,8001,389,4001,269,6001,089,9001,003,0351,028,137813,164795,966946,412229,377260,873209,770203,706178,092176,850202,210217,261152,095193,587
       Short-term Debt 
0
0
63
3,208
841
10,810
15,773
1,913
0
0
0
3,360
22,987
105,378
15,637
120,300
23,100
23,200
381,000
436,400
354,700
210,900
299,800
133,700
133,700299,800210,900354,700436,400381,00023,20023,100120,30015,637105,37822,9873,3600001,91315,77310,8108413,2086300
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
189,430
45,600
63,100
143,100
176,500
317,900
362,900
271,100
129,600
160,800
68,200
68,200160,800129,600271,100362,900317,900176,500143,10063,10045,600189,4300000000000000
       Accounts payable 
117,496
105,075
133,469
114,938
119,218
101,672
118,244
113,693
204,219
177,541
717,418
596,300
502,774
494,944
464,103
522,900
635,600
735,000
854,000
756,900
775,200
707,300
741,200
648,200
648,200741,200707,300775,200756,900854,000735,000635,600522,900464,103494,944502,774596,300717,418177,541204,219113,693118,244101,672119,218114,938133,469105,075117,496
       Other Current Liabilities 
65,130
152,095
217,198
199,002
176,009
65,610
69,689
94,164
56,654
51,836
228,994
196,306
287,403
427,815
523,295
446,700
610,900
631,200
331,600
35,400
316,300
309,400
315,900
341,700
341,700315,900309,400316,30035,400331,600631,200610,900446,700523,295427,815287,403196,306228,99451,83656,65494,16469,68965,610176,009199,002217,198152,09565,130
   > Long-term Liabilities 
0
46,933
83,313
60,901
49,659
10,652
12,914
22,632
22,304
33,159
167,618
112,176
127,978
183,037
319,898
447,100
585,900
555,100
701,100
663,700
555,800
495,300
515,000
527,100
527,100515,000495,300555,800663,700701,100555,100585,900447,100319,898183,037127,978112,176167,61833,15922,30422,63212,91410,65249,65960,90183,31346,9330
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
281,200
390,900
0
504,100
451,600
0
0
0
0
0000451,600504,1000390,900281,200000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
-63
-3,208
-841
-10,810
-15,773
-1,913
0
0
0
-3,360
-22,987
-105,378
-15,637
-120,300
45,200
54,300
-179,700
-185,300
-117,300
9,900
-113,300
54,000
54,000-113,3009,900-117,300-185,300-179,70054,30045,200-120,300-15,637-105,378-22,987-3,360000-1,913-15,773-10,810-841-3,208-6300
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
91,200
99,100
73,900
42,400
55,100
9,300
13,200
7,400
7,40013,2009,30055,10042,40073,90099,10091,2000000000000000000
> Total Stockholder Equity
74,280
84,481
86,721
72,050
79,503
87,686
88,228
83,203
84,339
84,531
139,618
135,622
156,980
259,858
259,937
228,100
201,400
380,800
396,400
410,200
406,000
380,500
390,200
413,900
413,900390,200380,500406,000410,200396,400380,800201,400228,100259,937259,858156,980135,622139,61884,53184,33983,20388,22887,68679,50372,05086,72184,48174,280
   Common Stock
15,933
16,017
16,038
16,038
16,038
16,181
16,181
16,181
16,181
16,181
17,077
17,077
17,077
19,874
21,564
21,600
21,600
23,500
23,500
23,500
23,500
23,700
23,700
23,700
23,70023,70023,70023,50023,50023,50023,50021,60021,60021,56419,87417,07717,07717,07716,18116,18116,18116,18116,18116,03816,03816,03816,01715,933
   Retained Earnings Total Equity000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
-17,849
-31,459
-31,614
-33,820
-48,006
-53,374
-58,400
-65,700
-78,900
-91,000
-96,800
-12,000
-5,900
13,100
8,500
8,50013,100-5,900-12,000-96,800-91,000-78,900-65,700-58,400-53,374-48,006-33,820-31,614-31,459-17,849000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
148,700
140,200
0
240,300
342,000
0
0
0
0
0000342,000240,3000140,200148,700000000000000000
   Treasury Stock00000-64,600-58,100-50,500-43,100-8,701-6,062-9,894-22,642-1,993-16,829-1,505-221-5,015-258-2,459-8,091000
   Other Stockholders Equity 
0
68,464
70,683
56,012
63,465
57,328
61,877
49,022
49,337
65,868
125,222
128,647
126,275
243,852
260,868
207,100
205,900
349,800
424,500
342,000
190,600
88,800
39,800
126,100
126,10039,80088,800190,600342,000424,500349,800205,900207,100260,868243,852126,275128,647125,22265,86849,33749,02261,87757,32863,46556,01270,68368,4640



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 (+$)
totalRevenue2,681,200
Cost of Revenue-2,477,300
Gross Profit203,900203,900
 
Operating Income (+$)
Gross Profit203,900
Operating Expense-92,000
Operating Income111,900111,900
 
Operating Expense (+$)
Research Development0
Selling General Administrative40,200
Selling And Marketing Expenses46,200
Operating Expense92,00086,400
 
Net Interest Income (+$)
Interest Income12,000
Interest Expense-30,200
Other Finance Cost-300
Net Interest Income-17,900
 
Pretax Income (+$)
Operating Income111,900
Net Interest Income-17,900
Other Non-Operating Income Expenses0
Income Before Tax (EBT)85,700138,100
EBIT - interestExpense = 81,700
89,700
93,700
Interest Expense30,200
Earnings Before Interest and Taxes (EBIT)111,900115,900
Earnings Before Interest and Taxes (EBITDA)150,300
 
After tax Income (+$)
Income Before Tax85,700
Tax Provision-26,100
Net Income From Continuing Ops59,50059,600
Net Income63,500
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,569,300
Total Other Income/Expenses Net-26,20017,900
 

Technical Analysis of Econocom
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 Econocom. The general trend of Econocom is BEARISH with 71.4% 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 Econocom'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 (-71.4%) Bearish trend (71.4%)
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 Econocom Group SA/NV.

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: 2.145 < 2.145 < 2.29.

The bearish price targets are: 1.99.

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Econocom Group SA/NV 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 Econocom Group SA/NV. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-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 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

Econocom Group SA/NV 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 Econocom Group SA/NV. The current macd is -0.02597194.

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 Econocom price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Econocom. 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 Econocom 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
Econocom Group SA/NV Daily Moving Average Convergence/Divergence (MACD) ChartEconocom Group SA/NV 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 Econocom Group SA/NV. The current adx is 20.95.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 Econocom shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Econocom Group SA/NV 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 Econocom Group SA/NV. The current sar is 1.99970332.

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
Econocom Group SA/NV 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 Econocom Group SA/NV. The current rsi is 48.36. The current phase is Continuation 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 -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Econocom Group SA/NV Daily Relative Strength Index (RSI) ChartEconocom Group SA/NV 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 Econocom Group SA/NV. The current phase is Correction in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D 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 Econocom price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Econocom Group SA/NV Daily Stochastic Oscillator ChartEconocom Group SA/NV 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 Econocom Group SA/NV. The current cci is 52.73.

Econocom Group SA/NV Daily Commodity Channel Index (CCI) ChartEconocom Group SA/NV 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 Econocom Group SA/NV. The current cmo is 6.32329083.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Econocom Group SA/NV Daily Chande Momentum Oscillator (CMO) ChartEconocom Group SA/NV 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 Econocom Group SA/NV. The current willr is -24.24242424.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Econocom is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Econocom Group SA/NV Daily Williams %R ChartEconocom Group SA/NV 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 Econocom Group SA/NV.

Econocom Group SA/NV 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 Econocom Group SA/NV. The current atr is 0.05699402.

Econocom Group SA/NV Daily Average True Range (ATR) ChartEconocom Group SA/NV 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 Econocom Group SA/NV. The current obv is -6,513,002.

Econocom Group SA/NV Daily On-Balance Volume (OBV) ChartEconocom Group SA/NV 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 Econocom Group SA/NV. The current mfi is 51.06.

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

  • MFI > 50: +1
Econocom Group SA/NV Daily Money Flow Index (MFI) ChartEconocom Group SA/NV Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Econocom Group SA/NV.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-24DMI 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
STOCH LONG EXITThe %K line crosses below the %D line.
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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Econocom Group SA/NV Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Econocom Group SA/NV based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.361
Ma 20Greater thanMa 502.089
Ma 50Greater thanMa 1002.200
Ma 100Greater thanMa 2002.357
OpenGreater thanClose2.080
Total0/5 (0.0%)
Penke

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