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Epiroc AB (publ)
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PenkeI guess you are interested in Epiroc AB (publ). 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 Epiroc AB (publ). 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 Epiroc AB (publ) (30 sec.)










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

How much money do you get?

How much money do you get?
kr0.32
When do you have the money?
1 year
How often do you get paid?
90.5%

What is your share worth?

Current worth
kr30.80
Expected worth in 1 year
kr33.87
How sure are you?
95.2%

+ What do you gain per year?

Total Gains per Share
kr6.46
Return On Investment
3.6%

For what price can you sell your share?

Current Price per Share
kr181.30
Expected price per share
kr175.70 - kr
How sure are you?
50%

1. Valuation of Epiroc AB (publ) (5 min.)




Live pricePrice per Share (EOD)

kr181.30

Intrinsic Value Per Share

kr34.58 - kr39.66

Total Value Per Share

kr65.38 - kr70.46

2. Growth of Epiroc AB (publ) (5 min.)




Is Epiroc AB (publ) growing?

Current yearPrevious yearGrowGrow %
How rich?$3.4b$2.8b$523.2m15.4%

How much money is Epiroc AB (publ) making?

Current yearPrevious yearGrowGrow %
Making money$221.6m$197.3m$24.2m11.0%
Net Profit Margin15.6%16.9%--

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

3. Financial Health of Epiroc AB (publ) (5 min.)




4. Comparing to competitors in the Farm & Heavy Construction Machinery industry (5 min.)




  Industry Rankings (Farm & Heavy Construction Machinery)  


Richest
#22 / 147

Most Revenue
#29 / 147

Most Profit
#13 / 147

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

Welcome investor! Epiroc AB (publ)'s management wants to use your money to grow the business. In return you get a share of Epiroc AB (publ).

What can you expect buying and holding a share of Epiroc AB (publ)?

First you should know what it really means to hold a share of Epiroc AB (publ). And how you can make/lose money.

Speculation

The Price per Share of Epiroc AB (publ) is kr181.30. 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 Epiroc AB (publ).
  • 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 Epiroc AB (publ), 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 kr30.80. Based on the TTM, the Book Value Change Per Share is kr0.77 per quarter. Based on the YOY, the Book Value Change Per Share is kr1.60 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 kr0.85 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Epiroc AB (publ).

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps0.180.1%0.180.1%0.160.1%0.140.1%0.140.1%
Usd Book Value Change Per Share0.010.0%0.070.0%0.150.1%0.070.0%0.140.1%
Usd Dividend Per Share0.160.1%0.080.0%0.140.1%0.110.1%0.110.1%
Usd Total Gains Per Share0.170.1%0.150.1%0.290.2%0.180.1%0.250.1%
Usd Price Per Share16.58-16.51-14.51-13.57-13.28-
Price to Earnings Ratio23.56-22.59-22.39-24.58-24.11-
Price-to-Total Gains Ratio100.40-109.06-58.77-151.36-144.38-
Price to Book Ratio5.73-5.85-6.09-6.44-6.38-
Price-to-Total Gains Ratio100.40-109.06-58.77-151.36-144.38-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share17.0422
Number of shares58
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.080.11
Usd Book Value Change Per Share0.070.07
Usd Total Gains Per Share0.150.18
Gains per Quarter (58 shares)8.8110.50
Gains per Year (58 shares)35.2341.98
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1191725261632
2373360513374
35650957749116
4746713010266158
5938416512882200
611110020015399242
7130117235179115284
8148134270204132326
9167150305230148368
10185167340255165410

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%21.00.00.0100.0%21.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%14.06.00.070.0%15.06.00.071.4%15.06.00.071.4%
Dividend per Share2.00.02.050.0%10.00.02.083.3%18.00.02.090.0%19.00.02.090.5%19.00.02.090.5%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%20.01.00.095.2%20.01.00.095.2%

Fundamentals of Epiroc AB (publ)

About Epiroc AB (publ)

Epiroc AB (publ), together with its subsidiaries, develops and produces equipment for use in surface and underground applications in North America, Europe, South America, Africa, the Middle East, Asia, and Australia. It operates in two segments, Equipment & Service, and Tools & Attachments. The Equipment & Service segment provides equipment and solutions for rock drilling, mechanical rock excavation, rock reinforcement, loading and haulage, and ventilation systems, as well as drilling equipment for exploration, and water and energy; and related spare parts and services for the mining and infrastructure industries. This segment also offers solutions for automation, digitalization, and electrification. The Tools & Attachments segment provides rock drilling tools and hydraulic attachments that are used primarily for drilling, deconstruction, recycling, and rock excavation. Epiroc AB (publ) was founded in 1873 and is headquartered in Nacka, Sweden.

Fundamental data was last updated by Penke on 2024-03-09 04:57:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Epiroc AB (publ).

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Epiroc AB (publ) earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Epiroc AB (publ) to the Farm & Heavy Construction Machinery industry mean.
  • A Net Profit Margin of 14.5% means that kr0.15 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Epiroc AB (publ):

  • The MRQ is 14.5%. The company is making a huge profit. +2
  • The TTM is 15.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ14.5%TTM15.6%-1.1%
TTM15.6%YOY16.9%-1.3%
TTM15.6%5Y15.9%-0.3%
5Y15.9%10Y15.9%+0.0%
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ14.5%4.2%+10.3%
TTM15.6%5.3%+10.3%
YOY16.9%4.5%+12.4%
5Y15.9%3.4%+12.5%
10Y15.9%3.3%+12.6%
1.1.2. Return on Assets

Shows how efficient Epiroc AB (publ) is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Epiroc AB (publ) to the Farm & Heavy Construction Machinery industry mean.
  • 3.3% Return on Assets means that Epiroc AB (publ) generated kr0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Epiroc AB (publ):

  • The MRQ is 3.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.3%TTM3.4%-0.1%
TTM3.4%YOY3.6%-0.2%
TTM3.4%5Y3.5%-0.1%
5Y3.5%10Y3.5%0.0%
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3%1.2%+2.1%
TTM3.4%1.3%+2.1%
YOY3.6%1.1%+2.5%
5Y3.5%0.9%+2.6%
10Y3.5%0.7%+2.8%
1.1.3. Return on Equity

Shows how efficient Epiroc AB (publ) is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Epiroc AB (publ) to the Farm & Heavy Construction Machinery industry mean.
  • 6.1% Return on Equity means Epiroc AB (publ) generated kr0.06 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Epiroc AB (publ):

  • The MRQ is 6.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 6.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ6.1%TTM6.6%-0.5%
TTM6.6%YOY6.9%-0.3%
TTM6.6%5Y6.7%-0.1%
5Y6.7%10Y6.8%-0.1%
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ6.1%3.0%+3.1%
TTM6.6%3.3%+3.3%
YOY6.9%2.9%+4.0%
5Y6.7%2.0%+4.7%
10Y6.8%1.9%+4.9%

1.2. Operating Efficiency of Epiroc AB (publ).

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Epiroc AB (publ) is operating .

  • Measures how much profit Epiroc AB (publ) makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Epiroc AB (publ) to the Farm & Heavy Construction Machinery industry mean.
  • An Operating Margin of 20.4% means the company generated kr0.20  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Epiroc AB (publ):

  • The MRQ is 20.4%. The company is operating efficient. +1
  • The TTM is 21.6%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ20.4%TTM21.6%-1.2%
TTM21.6%YOY22.4%-0.8%
TTM21.6%5Y23.0%-1.4%
5Y23.0%10Y23.0%-0.1%
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ20.4%7.9%+12.5%
TTM21.6%5.4%+16.2%
YOY22.4%6.1%+16.3%
5Y23.0%5.1%+17.9%
10Y23.0%5.0%+18.0%
1.2.2. Operating Ratio

Measures how efficient Epiroc AB (publ) is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Farm & Heavy Construction Machinery industry mean).
  • An Operation Ratio of 0.80 means that the operating costs are kr0.80 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of Epiroc AB (publ):

  • The MRQ is 0.796. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.784. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.796TTM0.784+0.012
TTM0.784YOY0.780+0.004
TTM0.7845Y1.128-0.344
5Y1.12810Y1.140-0.013
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7961.536-0.740
TTM0.7841.486-0.702
YOY0.7801.477-0.697
5Y1.1281.446-0.318
10Y1.1401.192-0.052

1.3. Liquidity of Epiroc AB (publ).

1.3. Liquidity
1.3.1. Current Ratio

Measures if Epiroc AB (publ) is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Farm & Heavy Construction Machinery industry mean).
  • A Current Ratio of 2.42 means the company has kr2.42 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of Epiroc AB (publ):

  • The MRQ is 2.418. The company is able to pay all its short-term debts. +1
  • The TTM is 2.088. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.418TTM2.088+0.331
TTM2.088YOY2.377-0.289
TTM2.0885Y2.626-0.538
5Y2.62610Y2.612+0.014
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4181.546+0.872
TTM2.0881.567+0.521
YOY2.3771.584+0.793
5Y2.6261.629+0.997
10Y2.6121.435+1.177
1.3.2. Quick Ratio

Measures if Epiroc AB (publ) is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Epiroc AB (publ) to the Farm & Heavy Construction Machinery industry mean.
  • A Quick Ratio of 1.42 means the company can pay off kr1.42 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Epiroc AB (publ):

  • The MRQ is 1.416. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.180. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.416TTM1.180+0.236
TTM1.180YOY1.419-0.238
TTM1.1805Y1.079+0.101
5Y1.07910Y1.073+0.005
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4160.676+0.740
TTM1.1800.755+0.425
YOY1.4190.769+0.650
5Y1.0790.777+0.302
10Y1.0730.788+0.285

1.4. Solvency of Epiroc AB (publ).

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Epiroc AB (publ) assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Epiroc AB (publ) to Farm & Heavy Construction Machinery industry mean.
  • A Debt to Asset Ratio of 0.45 means that Epiroc AB (publ) assets are financed with 45.1% credit (debt) and the remaining percentage (100% - 45.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Epiroc AB (publ):

  • The MRQ is 0.451. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.470. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.451TTM0.470-0.019
TTM0.470YOY0.469+0.001
TTM0.4705Y0.471-0.001
5Y0.47110Y0.4710.000
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4510.562-0.111
TTM0.4700.557-0.087
YOY0.4690.545-0.076
5Y0.4710.562-0.091
10Y0.4710.562-0.091
1.4.2. Debt to Equity Ratio

Measures if Epiroc AB (publ) is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Epiroc AB (publ) to the Farm & Heavy Construction Machinery industry mean.
  • A Debt to Equity ratio of 83.0% means that company has kr0.83 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Epiroc AB (publ):

  • The MRQ is 0.830. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.902. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.830TTM0.902-0.072
TTM0.902YOY0.890+0.012
TTM0.9025Y0.899+0.003
5Y0.89910Y0.900-0.001
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8301.302-0.472
TTM0.9021.315-0.413
YOY0.8901.257-0.367
5Y0.8991.313-0.414
10Y0.9001.340-0.440

2. Market Valuation of Epiroc AB (publ)

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Epiroc AB (publ) generates.

  • Above 15 is considered overpriced but always compare Epiroc AB (publ) to the Farm & Heavy Construction Machinery industry mean.
  • A PE ratio of 23.56 means the investor is paying kr23.56 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Epiroc AB (publ):

  • The EOD is 24.216. Based on the earnings, the company is fair priced.
  • The MRQ is 23.562. Based on the earnings, the company is fair priced.
  • The TTM is 22.593. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD24.216MRQ23.562+0.654
MRQ23.562TTM22.593+0.968
TTM22.593YOY22.391+0.202
TTM22.5935Y24.583-1.990
5Y24.58310Y24.107+0.475
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD24.2168.656+15.560
MRQ23.5627.709+15.853
TTM22.5939.105+13.488
YOY22.39111.272+11.119
5Y24.58311.852+12.731
10Y24.10714.941+9.166
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Epiroc AB (publ):

  • The EOD is 26.336. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 25.624. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 58.943. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD26.336MRQ25.624+0.712
MRQ25.624TTM58.943-33.318
TTM58.943YOY51.329+7.614
TTM58.9435Y39.257+19.686
5Y39.25710Y37.870+1.387
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD26.3363.059+23.277
MRQ25.6242.825+22.799
TTM58.9430.665+58.278
YOY51.329-0.291+51.620
5Y39.2570.214+39.043
10Y37.8700.233+37.637
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Epiroc AB (publ) is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Farm & Heavy Construction Machinery industry mean).
  • A PB ratio of 5.73 means the investor is paying kr5.73 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of Epiroc AB (publ):

  • The EOD is 5.886. Based on the equity, the company is overpriced. -1
  • The MRQ is 5.727. Based on the equity, the company is overpriced. -1
  • The TTM is 5.852. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD5.886MRQ5.727+0.159
MRQ5.727TTM5.852-0.125
TTM5.852YOY6.095-0.243
TTM5.8525Y6.443-0.591
5Y6.44310Y6.375+0.067
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD5.8861.649+4.237
MRQ5.7271.530+4.197
TTM5.8521.493+4.359
YOY6.0951.577+4.518
5Y6.4431.765+4.678
10Y6.3752.076+4.299
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Epiroc AB (publ) 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--0.0580.766-92%1.598-96%0.756-92%1.467-96%
Book Value Per Share--30.80330.024+3%25.404+21%22.625+36%22.295+38%
Current Ratio--2.4182.088+16%2.377+2%2.626-8%2.612-7%
Debt To Asset Ratio--0.4510.470-4%0.469-4%0.471-4%0.471-4%
Debt To Equity Ratio--0.8300.902-8%0.890-7%0.899-8%0.900-8%
Dividend Per Share--1.6990.849+100%1.498+13%1.170+45%1.164+46%
Eps--1.8721.953-4%1.738+8%1.499+25%1.492+25%
Free Cash Flow Per Share--1.7211.102+56%0.940+83%1.248+38%1.281+34%
Free Cash Flow To Equity Per Share---0.0100.577-102%0.273-104%0.493-102%0.550-102%
Gross Profit Margin--1.0000.691+45%0.635+57%0.850+18%0.857+17%
Intrinsic Value_10Y_max--39.657--------
Intrinsic Value_10Y_min--34.580--------
Intrinsic Value_1Y_max--4.489--------
Intrinsic Value_1Y_min--4.409--------
Intrinsic Value_3Y_max--13.094--------
Intrinsic Value_3Y_min--12.509--------
Intrinsic Value_5Y_max--21.227--------
Intrinsic Value_5Y_min--19.736--------
Market Cap70702103449.600-201%213091200000.000212026747630.400+1%186454800000.000+14%174103012698.204+22%170323715660.004+25%
Net Profit Margin--0.1450.156-7%0.169-14%0.159-9%0.159-8%
Operating Margin--0.2040.216-6%0.224-9%0.230-11%0.230-12%
Operating Ratio--0.7960.784+2%0.780+2%1.128-29%1.140-30%
Pb Ratio5.886+3%5.7275.852-2%6.095-6%6.443-11%6.375-10%
Pe Ratio24.216+3%23.56222.593+4%22.391+5%24.583-4%24.107-2%
Price Per Share181.300+3%176.400175.588+0%154.350+14%144.350+22%141.232+25%
Price To Free Cash Flow Ratio26.336+3%25.62458.943-57%51.329-50%39.257-35%37.870-32%
Price To Total Gains Ratio103.194+3%100.405109.058-8%58.768+71%151.361-34%144.378-30%
Quick Ratio--1.4161.180+20%1.4190%1.079+31%1.073+32%
Return On Assets--0.0330.034-3%0.036-8%0.035-5%0.035-6%
Return On Equity--0.0610.066-7%0.069-10%0.067-8%0.068-9%
Total Gains Per Share--1.7571.616+9%3.096-43%1.925-9%2.631-33%
Usd Book Value--3497740000.0003408017000.000+3%2884719000.000+21%2564822900.000+36%2527051238.095+38%
Usd Book Value Change Per Share--0.0050.072-92%0.150-96%0.071-92%0.138-96%
Usd Book Value Per Share--2.8952.822+3%2.388+21%2.127+36%2.096+38%
Usd Dividend Per Share--0.1600.080+100%0.141+13%0.110+45%0.109+46%
Usd Eps--0.1760.184-4%0.163+8%0.141+25%0.140+25%
Usd Free Cash Flow--195426000.000125090500.000+56%106784000.000+83%141385400.000+38%145109142.857+35%
Usd Free Cash Flow Per Share--0.1620.104+56%0.088+83%0.117+38%0.120+34%
Usd Free Cash Flow To Equity Per Share---0.0010.054-102%0.026-104%0.046-102%0.052-102%
Usd Market Cap6645997724.262-201%20030572800.00019930514277.258+1%17526751200.000+14%16365683193.631+22%16010429272.040+25%
Usd Price Per Share17.042+3%16.58216.505+0%14.509+14%13.569+22%13.276+25%
Usd Profit--212534000.000221628500.000-4%197329500.000+8%169947300.000+25%169114952.381+26%
Usd Revenue--1463392000.0001418060500.000+3%1167809000.000+25%1065269100.000+37%1061801619.048+38%
Usd Total Gains Per Share--0.1650.152+9%0.291-43%0.181-9%0.247-33%
 EOD+2 -6MRQTTM+21 -15YOY+22 -145Y+23 -1310Y+23 -13

3.2. Fundamental Score

Let's check the fundamental score of Epiroc AB (publ) based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1524.216
Price to Book Ratio (EOD)Between0-15.886
Net Profit Margin (MRQ)Greater than00.145
Operating Margin (MRQ)Greater than00.204
Quick Ratio (MRQ)Greater than11.416
Current Ratio (MRQ)Greater than12.418
Debt to Asset Ratio (MRQ)Less than10.451
Debt to Equity Ratio (MRQ)Less than10.830
Return on Equity (MRQ)Greater than0.150.061
Return on Assets (MRQ)Greater than0.050.033
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Epiroc AB (publ) based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.359
Ma 20Greater thanMa 50180.580
Ma 50Greater thanMa 100172.708
Ma 100Greater thanMa 200170.032
OpenGreater thanClose183.200
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets67,784,000
Total Liabilities30,574,000
Total Stockholder Equity36,822,000
 As reported
Total Liabilities 30,574,000
Total Stockholder Equity+ 36,822,000
Total Assets = 67,784,000

Assets

Total Assets67,784,000
Total Current Assets41,120,000
Long-term Assets26,664,000
Total Current Assets
Cash And Cash Equivalents 6,401,000
Short-term Investments 1,703,000
Net Receivables 14,269,000
Inventory 18,747,000
Total Current Assets  (as reported)41,120,000
Total Current Assets  (calculated)41,120,000
+/-0
Long-term Assets
Property Plant Equipment 7,614,000
Intangible Assets 15,843,000
Long-term Assets  (as reported)26,664,000
Long-term Assets  (calculated)23,457,000
+/- 3,207,000

Liabilities & Shareholders' Equity

Total Current Liabilities17,003,000
Long-term Liabilities13,571,000
Total Stockholder Equity36,822,000
Total Current Liabilities
Short-term Debt 2,153,000
Accounts payable 5,902,000
Other Current Liabilities 8,465,000
Total Current Liabilities  (as reported)17,003,000
Total Current Liabilities  (calculated)16,520,000
+/- 483,000
Long-term Liabilities
Long-term Liabilities  (as reported)13,571,000
Long-term Liabilities  (calculated)0
+/- 13,571,000
Total Stockholder Equity
Common Stock500,000
Retained Earnings 36,322,000
Total Stockholder Equity (as reported)36,822,000
Total Stockholder Equity (calculated)36,822,000
+/-0
Other
Cash and Short Term Investments 8,104,000
Common Stock Shares Outstanding 1,208,000
Current Deferred Revenue483,000
Liabilities and Stockholders Equity 67,784,000
Net Debt 7,574,000
Net Working Capital 24,117,000
Short Long Term Debt Total 13,975,000



Balance Sheet

All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-31
> Total Assets 
36,155,000
39,662,000
40,148,000
41,525,000
41,037,000
43,689,000
44,324,000
44,634,000
43,886,000
46,851,000
44,517,000
47,259,000
48,583,000
52,409,000
55,543,000
61,685,000
61,780,000
65,302,000
70,294,000
70,640,000
67,784,000
67,784,00070,640,00070,294,00065,302,00061,780,00061,685,00055,543,00052,409,00048,583,00047,259,00044,517,00046,851,00043,886,00044,634,00044,324,00043,689,00041,037,00041,525,00040,148,00039,662,00036,155,000
   > Total Current Assets 
26,959,000
27,809,000
27,819,000
29,138,000
29,147,000
31,087,000
32,155,000
32,614,000
32,313,000
34,893,000
30,566,000
32,617,000
32,902,000
36,181,000
38,107,000
42,807,000
38,475,000
38,735,000
42,244,000
42,935,000
41,120,000
41,120,00042,935,00042,244,00038,735,00038,475,00042,807,00038,107,00036,181,00032,902,00032,617,00030,566,00034,893,00032,313,00032,614,00032,155,00031,087,00029,147,00029,138,00027,819,00027,809,00026,959,000
       Cash And Cash Equivalents 
5,872,000
5,371,000
4,883,000
6,814,000
8,540,000
10,225,000
13,005,000
14,250,000
15,053,000
16,191,000
10,931,000
11,745,000
10,792,000
11,207,000
10,380,000
11,879,000
7,326,000
4,587,000
4,949,000
6,330,000
6,401,000
6,401,0006,330,0004,949,0004,587,0007,326,00011,879,00010,380,00011,207,00010,792,00011,745,00010,931,00016,191,00015,053,00014,250,00013,005,00010,225,0008,540,0006,814,0004,883,0005,371,0005,872,000
       Short-term Investments 
944,000
1,086,000
1,077,000
1,052,000
862,000
932,000
792,000
783,000
0
893,000
772,000
770,000
0
908,000
1,026,000
1,527,000
0
1,406,000
1,613,000
1,559,000
1,703,000
1,703,0001,559,0001,613,0001,406,00001,527,0001,026,000908,0000770,000772,000893,0000783,000792,000932,000862,0001,052,0001,077,0001,086,000944,000
       Net Receivables 
10,199,000
8,501,000
8,757,000
8,068,000
9,520,000
8,997,000
7,827,000
7,760,000
7,753,000
8,001,000
8,592,000
8,903,000
9,595,000
10,821,000
11,484,000
12,667,000
9,581,000
13,711,000
15,427,000
14,920,000
14,269,000
14,269,00014,920,00015,427,00013,711,0009,581,00012,667,00011,484,00010,821,0009,595,0008,903,0008,592,0008,001,0007,753,0007,760,0007,827,0008,997,0009,520,0008,068,0008,757,0008,501,00010,199,000
       Inventory 
10,516,000
11,207,000
11,285,000
11,392,000
10,508,000
10,933,000
10,531,000
9,821,000
8,930,000
9,808,000
10,271,000
11,199,000
11,861,000
13,245,000
15,119,000
16,634,000
16,945,000
18,930,000
20,157,000
20,031,000
18,747,000
18,747,00020,031,00020,157,00018,930,00016,945,00016,634,00015,119,00013,245,00011,861,00011,199,00010,271,0009,808,0008,930,0009,821,00010,531,00010,933,00010,508,00011,392,00011,285,00011,207,00010,516,000
   > Long-term Assets 
0
11,853,000
12,329,000
12,387,000
11,890,000
12,602,000
12,169,000
12,020,000
11,573,000
11,958,000
13,951,000
14,642,000
15,681,000
16,228,000
17,436,000
18,878,000
23,305,000
26,567,000
28,050,000
27,705,000
26,664,000
26,664,00027,705,00028,050,00026,567,00023,305,00018,878,00017,436,00016,228,00015,681,00014,642,00013,951,00011,958,00011,573,00012,020,00012,169,00012,602,00011,890,00012,387,00012,329,00011,853,0000
       Property Plant Equipment 
3,706,000
5,975,000
6,109,000
6,084,000
5,826,000
5,721,000
5,529,000
5,392,000
5,149,000
5,357,000
5,555,000
5,783,000
5,866,000
6,008,000
6,339,000
6,667,000
6,887,000
7,174,000
7,560,000
7,521,000
7,614,000
7,614,0007,521,0007,560,0007,174,0006,887,0006,667,0006,339,0006,008,0005,866,0005,783,0005,555,0005,357,0005,149,0005,392,0005,529,0005,721,0005,826,0006,084,0006,109,0005,975,0003,706,000
       Goodwill 
1,876,000
0
0
0
2,185,000
0
0
0
2,049,000
0
0
0
4,089,000
0
0
0
8,275,000
0
0
0
0
00008,275,0000004,089,0000002,049,0000002,185,0000001,876,000
       Long Term Investments 
208,000
1,394,000
1,328,000
1,344,000
201,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000201,0001,344,0001,328,0001,394,000208,000
       Intangible Assets 
1,744,000
3,865,000
4,224,000
4,242,000
2,041,000
0
0
0
2,062,000
0
0
0
3,144,000
0
0
0
4,798,000
15,966,000
16,875,000
16,472,000
15,843,000
15,843,00016,472,00016,875,00015,966,0004,798,0000003,144,0000002,062,0000002,041,0004,242,0004,224,0003,865,0001,744,000
       Long-term Assets Other 
0
11,853,000
12,329,000
12,387,000
11,890,000
12,602,000
0
0
0
0
0
0
1,113,000
908,000
1,026,000
1,527,000
1,819,000
1,406,000
1,613,000
1,559,000
0
01,559,0001,613,0001,406,0001,819,0001,527,0001,026,000908,0001,113,00000000012,602,00011,890,00012,387,00012,329,00011,853,0000
> Total Liabilities 
17,308,000
18,977,000
20,259,000
19,691,000
18,224,000
18,977,000
20,941,000
20,078,000
20,147,000
20,645,000
23,489,000
23,958,000
22,798,000
23,592,000
26,880,000
29,919,000
28,272,000
29,838,000
35,089,000
33,497,000
30,574,000
30,574,00033,497,00035,089,00029,838,00028,272,00029,919,00026,880,00023,592,00022,798,00023,958,00023,489,00020,645,00020,147,00020,078,00020,941,00018,977,00018,224,00019,691,00020,259,00018,977,00017,308,000
   > Total Current Liabilities 
11,518,000
10,327,000
11,499,000
10,775,000
9,481,000
9,650,000
11,541,000
10,830,000
8,867,000
9,436,000
12,941,000
13,610,000
12,438,000
13,466,000
16,648,000
18,470,000
17,379,000
18,982,000
22,859,000
21,004,000
17,003,000
17,003,00021,004,00022,859,00018,982,00017,379,00018,470,00016,648,00013,466,00012,438,00013,610,00012,941,0009,436,0008,867,00010,830,00011,541,0009,650,0009,481,00010,775,00011,499,00010,327,00011,518,000
       Short-term Debt 
1,702,000
827,000
803,000
750,000
14,000
0
0
0
0
0
0
0
626,000
677,000
725,000
785,000
1,867,000
2,985,000
3,827,000
3,096,000
2,153,000
2,153,0003,096,0003,827,0002,985,0001,867,000785,000725,000677,000626,000000000014,000750,000803,000827,0001,702,000
       Short Long Term Debt 
1,702,000
827,000
803,000
750,000
308,000
0
0
0
196,000
470,000
0
0
202,000
0
0
0
1,329,000
0
0
0
0
00001,329,000000202,00000470,000196,000000308,000750,000803,000827,0001,702,000
       Accounts payable 
4,711,000
4,575,000
4,536,000
3,701,000
4,050,000
4,108,000
3,764,000
3,431,000
3,605,000
4,172,000
4,796,000
4,905,000
5,512,000
6,181,000
6,239,000
6,249,000
6,375,000
7,017,000
7,196,000
6,210,000
5,902,000
5,902,0006,210,0007,196,0007,017,0006,375,0006,249,0006,239,0006,181,0005,512,0004,905,0004,796,0004,172,0003,605,0003,431,0003,764,0004,108,0004,050,0003,701,0004,536,0004,575,0004,711,000
       Other Current Liabilities 
3,054,000
4,375,000
5,667,000
5,814,000
2,356,000
4,723,000
4,921,000
4,924,000
2,333,000
4,794,000
6,615,000
7,122,000
5,738,000
6,608,000
9,684,000
11,436,000
9,137,000
8,980,000
11,334,000
11,155,000
8,465,000
8,465,00011,155,00011,334,0008,980,0009,137,00011,436,0009,684,0006,608,0005,738,0007,122,0006,615,0004,794,0002,333,0004,924,0004,921,0004,723,0002,356,0005,814,0005,667,0004,375,0003,054,000
   > Long-term Liabilities 
0
8,650,000
8,760,000
8,916,000
8,743,000
9,327,000
9,400,000
9,248,000
11,280,000
11,209,000
10,548,000
10,348,000
10,360,000
10,126,000
10,232,000
11,449,000
10,893,000
10,856,000
12,230,000
12,493,000
13,571,000
13,571,00012,493,00012,230,00010,856,00010,893,00011,449,00010,232,00010,126,00010,360,00010,348,00010,548,00011,209,00011,280,0009,248,0009,400,0009,327,0008,743,0008,916,0008,760,0008,650,0000
       Capital Lease Obligations 
0
0
0
0
2,034,000
0
0
0
1,813,000
0
0
0
1,952,000
0
0
0
2,380,000
0
0
0
0
00002,380,0000001,952,0000001,813,0000002,034,0000000
       Long-term Liabilities Other 
0
442,000
452,000
399,000
98,000
327,000
396,000
338,000
54,000
511,000
680,000
621,000
203,000
544,000
454,000
469,000
337,000
697,000
690,000
598,000
0
0598,000690,000697,000337,000469,000454,000544,000203,000621,000680,000511,00054,000338,000396,000327,00098,000399,000452,000442,0000
> Total Stockholder Equity
18,797,000
20,631,000
19,840,000
21,782,000
22,761,000
24,657,000
23,331,000
24,509,000
23,693,000
26,154,000
20,977,000
23,245,000
25,729,000
28,754,000
28,593,000
31,760,000
33,020,000
34,985,000
34,700,000
36,641,000
36,822,000
36,822,00036,641,00034,700,00034,985,00033,020,00031,760,00028,593,00028,754,00025,729,00023,245,00020,977,00026,154,00023,693,00024,509,00023,331,00024,657,00022,761,00021,782,00019,840,00020,631,00018,797,000
   Common Stock
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000
   Retained Earnings 
18,087,000
20,131,000
19,340,000
21,282,000
21,473,000
24,157,000
22,831,000
24,009,000
24,220,000
25,654,000
20,477,000
22,745,000
25,137,000
28,254,000
28,093,000
31,260,000
30,228,000
34,485,000
34,200,000
36,141,000
36,322,000
36,322,00036,141,00034,200,00034,485,00030,228,00031,260,00028,093,00028,254,00025,137,00022,745,00020,477,00025,654,00024,220,00024,009,00022,831,00024,157,00021,473,00021,282,00019,340,00020,131,00018,087,000
   Capital Surplus 000000000000000000000
   Treasury Stock000000000000000000000
   Other Stockholders Equity 
207,000
0
0
0
730,000
0
0
0
-1,107,000
0
0
0
92,000
0
0
0
2,292,000
0
0
0
0
00002,292,00000092,000000-1,107,000000730,000000207,000



Balance Sheet

All numbers in thousands.




Cash Flow

Currency in SEK. All numbers in thousands.




Income Statement

Currency in SEK. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue60,343,000
Cost of Revenue-37,197,000
Gross Profit23,146,00023,146,000
 
Operating Income (+$)
Gross Profit23,146,000
Operating Expense-9,994,000
Operating Income13,152,00013,152,000
 
Operating Expense (+$)
Research Development1,930,000
Selling General Administrative7,991,000
Selling And Marketing Expenses0
Operating Expense9,994,0009,921,000
 
Net Interest Income (+$)
Interest Income0
Interest Expense-948,000
Other Finance Cost-631,000
Net Interest Income-317,000
 
Pretax Income (+$)
Operating Income13,152,000
Net Interest Income-317,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)12,235,00014,069,000
EBIT - interestExpense = 12,204,000
12,208,000
10,379,000
Interest Expense948,000
Earnings Before Interest and Taxes (EBIT)13,152,00013,183,000
Earnings Before Interest and Taxes (EBITDA)15,815,000
 
After tax Income (+$)
Income Before Tax12,235,000
Tax Provision-2,782,000
Net Income From Continuing Ops9,585,0009,453,000
Net Income9,431,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses47,191,000
Total Other Income/Expenses Net-917,000317,000
 

Technical Analysis of Epiroc AB (publ)
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 Epiroc AB (publ). The general trend of Epiroc AB (publ) is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Epiroc AB (publ)'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Epiroc AB (publ).

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

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

The bullish price targets are: .

The bearish price targets are: 180.36 > 175.90 > 175.70.

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Epiroc AB (publ) 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 Epiroc AB (publ). The current mas is .

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

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

Directionalities and relatives.

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

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

Epiroc AB (publ) 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 Epiroc AB (publ). The current macd is 3.16651216.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Epiroc AB (publ) price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Epiroc AB (publ). 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 Epiroc AB (publ) price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Epiroc AB (publ) Daily Moving Average Convergence/Divergence (MACD) ChartEpiroc AB (publ) 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 Epiroc AB (publ). The current adx is 26.51.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Epiroc AB (publ) shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Epiroc AB (publ) 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 Epiroc AB (publ). The current sar is 178.00.

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
Epiroc AB (publ) 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 Epiroc AB (publ). The current rsi is 55.36. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Epiroc AB (publ) Daily Relative Strength Index (RSI) ChartEpiroc AB (publ) 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 Epiroc AB (publ). The current phase is Correction in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Epiroc AB (publ) price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Epiroc AB (publ) Daily Stochastic Oscillator ChartEpiroc AB (publ) 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 Epiroc AB (publ). The current cci is 31.86.

Epiroc AB (publ) Daily Commodity Channel Index (CCI) ChartEpiroc AB (publ) 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 Epiroc AB (publ). The current cmo is 0.39835603.

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
Epiroc AB (publ) Daily Chande Momentum Oscillator (CMO) ChartEpiroc AB (publ) 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 Epiroc AB (publ). The current willr is -56.15384615.

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 Epiroc AB (publ) is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Epiroc AB (publ) Daily Williams %R ChartEpiroc AB (publ) 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 Epiroc AB (publ).

Epiroc AB (publ) 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 Epiroc AB (publ). The current atr is 3.39097585.

Epiroc AB (publ) Daily Average True Range (ATR) ChartEpiroc AB (publ) 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 Epiroc AB (publ). The current obv is -4,780,524.

Epiroc AB (publ) Daily On-Balance Volume (OBV) ChartEpiroc AB (publ) 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 Epiroc AB (publ). The current mfi is 65.37.

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
Epiroc AB (publ) Daily Money Flow Index (MFI) ChartEpiroc AB (publ) Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Epiroc AB (publ).

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
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-24STOCH 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).
2024-01-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-29CCI 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.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15DMI 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
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05DMI 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.
2024-03-06DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Epiroc AB (publ) Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Epiroc AB (publ) based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.359
Ma 20Greater thanMa 50180.580
Ma 50Greater thanMa 100172.708
Ma 100Greater thanMa 200170.032
OpenGreater thanClose183.200
Total4/5 (80.0%)
Penke

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