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Essity AB (publ)
Buy, Hold or Sell?

Let's analyse Essity together

PenkeI guess you are interested in Essity 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 Essity 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 Essity (30 sec.)










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

How much money do you get?

How much money do you get?
kr1.92
When do you have the money?
1 year
How often do you get paid?
73.3%

What is your share worth?

Current worth
kr114.02
Expected worth in 1 year
kr119.53
How sure are you?
83.3%

+ What do you gain per year?

Total Gains per Share
kr26.76
Return On Investment
11.6%

For what price can you sell your share?

Current Price per Share
kr231.60
Expected price per share
kr223.21 - kr258.00
How sure are you?
50%
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1. Valuation of Essity (5 min.)




Live pricePrice per Share (EOD)

kr231.60

Intrinsic Value Per Share

kr-109.88 - kr-136.52

Total Value Per Share

kr4.14 - kr-22.50

2. Growth of Essity (5 min.)




Is Essity growing?

Current yearPrevious yearGrowGrow %
How rich?$7.2b$6.3b$792.3m11.2%

How much money is Essity making?

Current yearPrevious yearGrowGrow %
Making money$201.5m$151.9m$49.5m24.6%
Net Profit Margin5.2%5.0%--

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

3. Financial Health of Essity (5 min.)




4. Comparing to competitors in the Household & Personal Products industry (5 min.)




  Industry Rankings (Household & Personal Products)  


Richest
#13 / 189

Most Revenue
#17 / 189

Most Profit
#23 / 189
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What can you expect buying and holding a share of Essity? (5 min.)

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

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

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

Speculation

The Price per Share of Essity is kr231.60. 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 Essity.
  • 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 Essity, 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 kr114.02. Based on the TTM, the Book Value Change Per Share is kr1.38 per quarter. Based on the YOY, the Book Value Change Per Share is kr3.53 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 kr5.31 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Essity.

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 Eps0.320.1%0.290.1%0.210.1%0.280.1%0.250.1%
Usd Book Value Change Per Share0.820.4%0.120.1%0.320.1%0.170.1%0.340.1%
Usd Dividend Per Share0.660.3%0.480.2%0.630.3%0.530.2%0.420.2%
Usd Total Gains Per Share1.480.6%0.600.3%0.950.4%0.700.3%0.760.3%
Usd Price Per Share25.95-24.35-23.88-24.64-19.85-
Price to Earnings Ratio20.33-21.58-50.67-28.13-22.21-
Price-to-Total Gains Ratio17.55--33.62-29.76-29.47-32.65-
Price to Book Ratio2.52-2.43-2.67-2.92-2.49-
Price-to-Total Gains Ratio17.55--33.62-29.76-29.47-32.65-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share20.93664
Number of shares47
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.480.53
Usd Book Value Change Per Share0.120.17
Usd Total Gains Per Share0.600.70
Gains per Quarter (47 shares)28.4232.86
Gains per Year (47 shares)113.69131.43
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
190231049932121
21814721819865252
32717033229797383
436194446396130514
5451117560495162645
6542140674594195776
7632164788693227907
87221879027922591038
981321110168912921169
1090323411309903241300

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%29.01.00.096.7%29.01.00.096.7%
Book Value Change Per Share2.02.00.050.0%8.04.00.066.7%14.06.00.070.0%20.07.03.066.7%20.07.03.066.7%
Dividend per Share3.00.01.075.0%11.00.01.091.7%18.00.02.090.0%22.00.08.073.3%22.00.08.073.3%
Total Gains per Share2.02.00.050.0%10.02.00.083.3%18.02.00.090.0%25.02.03.083.3%25.02.03.083.3%
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Fundamentals of Essity

About Essity AB (publ)

Essity AB (publ) engages in the development, production, and sale of hygiene and health products and services worldwide. The company operates in Health & Medical, Consumer Goods, and Professional Hygiene segments. The Health & Medical segment offers incontinence products, wound care, compression therapy, orthopedics, skincare products, wash gloves, and digital solutions with sensor technology under TENA, Leukoplast, JOBST, Actimove, Cutimed, Delta-Cast, Sorbact, AquaCast Liner, and Hydrofera brands, to family caregivers, professional caregivers, patients and consumers via pharmacies, medical device stores, hospitals, distributors, care institutions and e-commerce. The Consumer Goods segment provides pads, panty liners, tampons, diapers, wet wipes, shampoos, lotions, baby oils, skin creams, intimate soaps, intimate wipes, leakproof apparels, washable absorbent underwear, menstrual cups, toilet papers, household towels, handkerchiefs, facial tissues, and napkins under TENA, TENA for Men, Knix, Modibodi, Libero, Lotus, Drypers, Libresse, Bodyform, Nana, Saba, Nosotras, TOM Organic, Tempo, Zewa, Cushelle, Plenty, Vinda, Regio, and Familia brands sold through retail trade and e-commerce. The Professional Hygiene segment offers toilet papers, paper hand towels, napkins, reusable cloths, hand soaps, hand lotions, hand sanitizers, dispensers, and cleaning and wiping products, as well as vision cleaning and data-driven cleaning solutions under Tork brand to companies and office buildings, universities, healthcare facilities, industries, restaurants, hotels, stadiums, and other public venues through direct to the end-customer, e-commerce, or via distributors. It serves in Europe, North America, Latin America, Asia, and internationally. Essity AB (publ) was founded in 1849 and is headquartered in Stockholm, Sweden.

Fundamental data was last updated by Penke on 2023-09-18 02:32:03.

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is fair priced.
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1.1. Profitability of Essity AB (publ).

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Essity earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Essity to the Household & Personal Products industry mean.
  • A Net Profit Margin of 5.6% means that kr0.06 for each kr1 in revenue is generated as profit.

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

  • The MRQ is 5.6%. The company is making a profit. +1
  • The TTM is 5.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.6%TTM5.2%+0.4%
TTM5.2%YOY5.0%+0.2%
TTM5.2%5Y6.5%-1.3%
5Y6.5%10Y6.2%+0.3%
Compared to industry (Household & Personal Products)
PeriodCompanyIndustry (mean)+/- 
MRQ5.6%5.2%+0.4%
TTM5.2%4.4%+0.8%
YOY5.0%4.6%+0.4%
5Y6.5%4.6%+1.9%
10Y6.2%5.9%+0.3%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Essity to the Household & Personal Products industry mean.
  • 1.1% Return on Assets means that Essity generated kr0.01 profit for each $1 in assets.

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

  • The MRQ is 1.1%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.1%TTM1.0%+0.1%
TTM1.0%YOY0.9%+0.1%
TTM1.0%5Y1.2%-0.2%
5Y1.2%10Y1.1%+0.1%
Compared to industry (Household & Personal Products)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1%1.4%-0.3%
TTM1.0%1.2%-0.2%
YOY0.9%1.4%-0.5%
5Y1.2%1.8%-0.6%
10Y1.1%1.8%-0.7%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Essity to the Household & Personal Products industry mean.
  • 3.5% Return on Equity means Essity generated kr0.03 for each kr1 the owners (shareholders) invested.

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

  • The MRQ is 3.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.5%TTM3.3%+0.2%
TTM3.3%YOY2.8%+0.5%
TTM3.3%5Y3.8%-0.6%
5Y3.8%10Y3.6%+0.2%
Compared to industry (Household & Personal Products)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5%3.4%+0.1%
TTM3.3%2.8%+0.5%
YOY2.8%2.6%+0.2%
5Y3.8%3.3%+0.5%
10Y3.6%3.5%+0.1%
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1.2. Operating Efficiency of Essity AB (publ).

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Essity is operating .

  • Measures how much profit Essity 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 Essity to the Household & Personal Products industry mean.
  • An Operating Margin of 8.9% means the company generated kr0.09  for each kr1 in revenue (before taxes).

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

  • The MRQ is 8.9%. The company is operating less efficient.
  • The TTM is 8.2%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ8.9%TTM8.2%+0.7%
TTM8.2%YOY7.4%+0.8%
TTM8.2%5Y9.0%-0.8%
5Y9.0%10Y8.8%+0.2%
Compared to industry (Household & Personal Products)
PeriodCompanyIndustry (mean)+/- 
MRQ8.9%10.0%-1.1%
TTM8.2%3.5%+4.7%
YOY7.4%7.5%-0.1%
5Y9.0%7.9%+1.1%
10Y8.8%7.5%+1.3%
1.2.2. Operating Ratio

Measures how efficient Essity is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Household & Personal Products industry mean).
  • An Operation Ratio of 0.91 means that the operating costs are kr0.91 for each kr1 in net sales.

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

  • The MRQ is 0.911. The company is less efficient in keeping operating costs low.
  • The TTM is 0.918. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.911TTM0.918-0.007
TTM0.918YOY0.926-0.008
TTM0.9185Y0.899+0.019
5Y0.89910Y0.897+0.002
Compared to industry (Household & Personal Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9111.136-0.225
TTM0.9181.111-0.193
YOY0.9261.106-0.180
5Y0.8991.140-0.241
10Y0.8971.066-0.169
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1.3. Liquidity of Essity AB (publ).

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Household & Personal Products industry mean).
  • A Current Ratio of 1.03 means the company has kr1.03 in assets for each kr1 in short-term debts.

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

  • The MRQ is 1.033. The company is just able to pay all its short-term debts.
  • The TTM is 1.068. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.033TTM1.068-0.035
TTM1.068YOY1.098-0.030
TTM1.0685Y1.051+0.017
5Y1.05110Y0.971+0.079
Compared to industry (Household & Personal Products)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0331.678-0.645
TTM1.0681.678-0.610
YOY1.0981.603-0.505
5Y1.0511.651-0.600
10Y0.9711.643-0.672
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Essity to the Household & Personal Products industry mean.
  • A Quick Ratio of 0.64 means the company can pay off kr0.64 for each kr1 in debt (using most liquid assets).

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

  • The MRQ is 0.642. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.631. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.642TTM0.631+0.011
TTM0.631YOY0.705-0.074
TTM0.6315Y0.661-0.030
5Y0.66110Y0.610+0.051
Compared to industry (Household & Personal Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6420.769-0.127
TTM0.6310.807-0.176
YOY0.7050.832-0.127
5Y0.6610.875-0.214
10Y0.6100.914-0.304
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1.4. Solvency of Essity AB (publ).

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Essity to Household & Personal Products industry mean.
  • A Debt to Asset Ratio of 0.64 means that Essity assets are financed with 63.9% credit (debt) and the remaining percentage (100% - 63.9%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.639. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.641. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.639TTM0.641-0.002
TTM0.641YOY0.620+0.020
TTM0.6415Y0.626+0.015
5Y0.62610Y0.574+0.052
Compared to industry (Household & Personal Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6390.439+0.200
TTM0.6410.441+0.200
YOY0.6200.452+0.168
5Y0.6260.435+0.191
10Y0.5740.444+0.130
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Essity to the Household & Personal Products industry mean.
  • A Debt to Equity ratio of 199.3% means that company has kr1.99 debt for each kr1 in shareholders equity.

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

  • The MRQ is 1.993. The company is just able to pay all its debts with equity.
  • The TTM is 2.026. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.993TTM2.026-0.033
TTM2.026YOY1.870+0.156
TTM2.0265Y1.941+0.085
5Y1.94110Y1.863+0.078
Compared to industry (Household & Personal Products)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9930.754+1.239
TTM2.0260.778+1.248
YOY1.8700.823+1.047
5Y1.9410.788+1.153
10Y1.8630.803+1.060
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2. Market Valuation of Essity 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 Essity generates.

  • Above 15 is considered overpriced but always compare Essity to the Household & Personal Products industry mean.
  • A PE ratio of 20.33 means the investor is paying kr20.33 for every kr1 in earnings.

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

  • The EOD is 16.403. Based on the earnings, the company is fair priced.
  • The MRQ is 20.334. Based on the earnings, the company is fair priced.
  • The TTM is 21.584. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD16.403MRQ20.334-3.931
MRQ20.334TTM21.584-1.251
TTM21.584YOY50.674-29.089
TTM21.5845Y28.132-6.548
5Y28.13210Y22.212+5.920
Compared to industry (Household & Personal Products)
PeriodCompanyIndustry (mean)+/- 
EOD16.40315.588+0.815
MRQ20.33416.053+4.281
TTM21.58415.697+5.887
YOY50.67415.173+35.501
5Y28.13216.430+11.702
10Y22.21219.992+2.220
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 74.886. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 92.832. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 49.710. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD74.886MRQ92.832-17.946
MRQ92.832TTM49.710+43.121
TTM49.710YOY26.901+22.810
TTM49.7105Y30.149+19.562
5Y30.14910Y26.925+3.224
Compared to industry (Household & Personal Products)
PeriodCompanyIndustry (mean)+/- 
EOD74.8868.769+66.117
MRQ92.8328.739+84.093
TTM49.7108.741+40.969
YOY26.9015.260+21.641
5Y30.1497.520+22.629
10Y26.9256.863+20.062
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Household & Personal Products industry mean).
  • A PB ratio of 2.52 means the investor is paying kr2.52 for each kr1 in book value.

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

  • The EOD is 2.031. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.518. Based on the equity, the company is underpriced. +1
  • The TTM is 2.427. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.031MRQ2.518-0.487
MRQ2.518TTM2.427+0.091
TTM2.427YOY2.671-0.244
TTM2.4275Y2.916-0.489
5Y2.91610Y2.487+0.429
Compared to industry (Household & Personal Products)
PeriodCompanyIndustry (mean)+/- 
EOD2.0311.693+0.338
MRQ2.5181.729+0.789
TTM2.4271.729+0.698
YOY2.6712.162+0.509
5Y2.9162.133+0.783
10Y2.4872.489-0.002
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Essity 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--9.1111.377+562%3.532+158%1.908+377%3.801+140%
Book Value Per Share--114.020111.729+2%99.249+15%94.638+20%78.720+45%
Current Ratio--1.0331.068-3%1.098-6%1.051-2%0.971+6%
Debt To Asset Ratio--0.6390.6410%0.620+3%0.626+2%0.574+11%
Debt To Equity Ratio--1.9932.026-2%1.870+7%1.941+3%1.863+7%
Dividend Per Share--7.2505.313+36%7.000+4%5.825+24%4.650+56%
Eps--3.5303.175+11%2.317+52%3.073+15%2.780+27%
Free Cash Flow Per Share--0.7731.792-57%2.864-73%3.132-75%2.787-72%
Free Cash Flow To Equity Per Share---2.2242.699-182%0.059-3864%1.153-293%1.539-245%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---136.524--------
Intrinsic Value_10Y_min---109.879--------
Intrinsic Value_1Y_max--6.056--------
Intrinsic Value_1Y_min--5.960--------
Intrinsic Value_3Y_max--3.155--------
Intrinsic Value_3Y_min--3.315--------
Intrinsic Value_5Y_max---17.881--------
Intrinsic Value_5Y_min---15.303--------
Market Cap148498214400.000-36%201630330000.000189199620000.000+7%185530102500.000+9%191446980000.000+5%154246149000.000+31%
Net Profit Margin--0.0560.052+9%0.050+13%0.065-14%0.062-10%
Operating Margin--0.0890.082+9%0.074+20%0.090-1%0.088+1%
Operating Ratio--0.9110.918-1%0.926-2%0.899+1%0.897+2%
Pb Ratio2.031-24%2.5182.427+4%2.671-6%2.916-14%2.487+1%
Pe Ratio16.403-24%20.33421.584-6%50.674-60%28.132-28%22.212-8%
Price Per Share231.600-24%287.100269.400+7%264.175+9%272.600+5%219.630+31%
Price To Free Cash Flow Ratio74.886-24%92.83249.710+87%26.901+245%30.149+208%26.925+245%
Price To Total Gains Ratio14.155-24%17.547-33.625+292%29.759-41%29.470-40%32.651-46%
Quick Ratio--0.6420.631+2%0.705-9%0.661-3%0.610+5%
Return On Assets--0.0110.010+9%0.009+20%0.012-10%0.0110%
Return On Equity--0.0350.033+7%0.028+25%0.038-9%0.036-3%
Total Gains Per Share--16.3626.690+145%10.532+55%7.734+112%8.451+94%
Usd Book Value--7238870400.0007093462000.000+2%6301083400.000+15%6008354640.000+20%4997782080.000+45%
Usd Book Value Change Per Share--0.8240.125+562%0.319+158%0.173+377%0.344+140%
Usd Book Value Per Share--10.30710.100+2%8.972+15%8.555+20%7.116+45%
Usd Dividend Per Share--0.6550.480+36%0.633+4%0.527+24%0.420+56%
Usd Eps--0.3190.287+11%0.209+52%0.278+15%0.251+27%
Usd Free Cash Flow--49087200.000113745800.000-57%181839600.000-73%198857400.000-75%176958000.000-72%
Usd Free Cash Flow Per Share--0.0700.162-57%0.259-73%0.283-75%0.252-72%
Usd Free Cash Flow To Equity Per Share---0.2010.244-182%0.005-3864%0.104-293%0.139-245%
Usd Market Cap13424238581.760-36%18227381832.00017103645648.000+7%16771921266.000+9%17306806992.000+5%13943851869.600+31%
Usd Price Per Share20.937-24%25.95424.354+7%23.881+9%24.643+5%19.855+31%
Usd Profit--224101600.000201546800.000+11%151962400.000+47%196073080.000+14%177153866.667+27%
Usd Revenue--3971272000.0003860057400.000+3%3109782600.000+28%3057246640.000+30%2846473013.333+40%
Usd Total Gains Per Share--1.4790.605+145%0.952+55%0.699+112%0.764+94%
 EOD+4 -4MRQTTM+26 -9YOY+23 -125Y+18 -1710Y+20 -15

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1516.403
Price to Book Ratio (EOD)Between0-12.031
Net Profit Margin (MRQ)Greater than00.056
Operating Margin (MRQ)Greater than00.089
Quick Ratio (MRQ)Greater than10.642
Current Ratio (MRQ)Greater than11.033
Debt to Asset Ratio (MRQ)Less than10.639
Debt to Equity Ratio (MRQ)Less than11.993
Return on Equity (MRQ)Greater than0.150.035
Return on Assets (MRQ)Greater than0.050.011
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5024.840
Ma 20Greater thanMa 50241.460
Ma 50Greater thanMa 100251.394
Ma 100Greater thanMa 200270.463
OpenGreater thanClose231.000
Total0/5 (0.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in SEK. All numbers in thousands.

Summary
Total Assets221,603,000
Total Liabilities141,527,000
Total Stockholder Equity71,019,000
 As reported
Total Liabilities 141,527,000
Total Stockholder Equity+ 71,019,000
Total Assets = 221,603,000

Assets

Total Assets221,603,000
Total Current Assets75,065,000
Long-term Assets75,065,000
Total Current Assets
Cash And Cash Equivalents 6,513,000
Short-term Investments 5,865,000
Net Receivables 28,444,000
Inventory 28,027,000
Total Current Assets  (as reported)75,065,000
Total Current Assets  (calculated)68,849,000
+/- 6,216,000
Long-term Assets
Property Plant Equipment 66,054,000
Goodwill 47,005,000
Intangible Assets 26,202,000
Other Assets 6,829,000
Long-term Assets  (as reported)146,538,000
Long-term Assets  (calculated)146,090,000
+/- 448,000

Liabilities & Shareholders' Equity

Total Current Liabilities72,676,000
Long-term Liabilities68,851,000
Total Stockholder Equity71,019,000
Total Current Liabilities
Accounts payable 21,760,000
Other Current Liabilities 50,916,000
Total Current Liabilities  (as reported)72,676,000
Total Current Liabilities  (calculated)72,676,000
+/-0
Long-term Liabilities
Long term Debt Total 56,054,000
Long-term Liabilities Other 1,336,000
Long-term Liabilities  (as reported)68,851,000
Long-term Liabilities  (calculated)57,390,000
+/- 11,461,000
Total Stockholder Equity
Common Stock2,350,000
Retained Earnings 54,370,000
Other Stockholders Equity 14,299,000
Total Stockholder Equity (as reported)71,019,000
Total Stockholder Equity (calculated)71,019,000
+/-0
Other
Capital Stock2,350,000
Cash And Equivalents6,513,000
Cash and Short Term Investments 12,378,000
Common Stock Shares Outstanding 702,300
Liabilities and Stockholders Equity 221,603,000
Net Debt -6,513,000
Net Invested Capital 71,019,000
Net Working Capital 2,389,000



Balance Sheet

Currency in SEK. All numbers in thousands.

 Trend2023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-31
> Total Assets 
0
0
0
114,284,000
142,813,000
144,923,000
142,376,000
147,016,000
155,510,000
158,262,000
155,097,000
154,266,000
165,075,000
164,541,000
167,695,000
162,295,000
172,014,000
160,881,000
162,537,000
154,645,000
167,238,000
166,189,000
176,280,000
175,050,000
184,276,000
198,381,000
225,210,000
210,600,000
215,752,000
221,603,000
221,603,000215,752,000210,600,000225,210,000198,381,000184,276,000175,050,000176,280,000166,189,000167,238,000154,645,000162,537,000160,881,000172,014,000162,295,000167,695,000164,541,000165,075,000154,266,000155,097,000158,262,000155,510,000147,016,000142,376,000144,923,000142,813,000114,284,000000
   > Total Current Assets 
0
0
0
35,994,000
63,987,000
39,820,000
38,861,000
39,918,000
44,151,000
43,309,000
41,981,000
42,145,000
45,038,000
44,342,000
45,518,000
41,981,000
48,886,000
44,904,000
47,605,000
43,116,000
52,889,000
52,693,000
56,104,000
51,003,000
58,225,000
66,066,000
80,934,000
71,020,000
75,010,000
75,065,000
75,065,00075,010,00071,020,00080,934,00066,066,00058,225,00051,003,00056,104,00052,693,00052,889,00043,116,00047,605,00044,904,00048,886,00041,981,00045,518,00044,342,00045,038,00042,145,00041,981,00043,309,00044,151,00039,918,00038,861,00039,820,00063,987,00035,994,000000
       Cash And Cash Equivalents 
0
0
0
4,244,000
30,616,000
4,692,000
4,429,000
4,107,000
5,350,000
3,734,000
3,054,000
3,008,000
3,581,000
3,602,000
4,237,000
2,928,000
5,389,000
5,500,000
7,139,000
4,982,000
8,290,000
7,889,000
10,100,000
3,904,000
5,273,000
4,995,000
10,113,000
4,288,000
8,904,000
6,513,000
6,513,0008,904,0004,288,00010,113,0004,995,0005,273,0003,904,00010,100,0007,889,0008,290,0004,982,0007,139,0005,500,0005,389,0002,928,0004,237,0003,602,0003,581,0003,008,0003,054,0003,734,0005,350,0004,107,0004,429,0004,692,00030,616,0004,244,000000
       Short-term Investments 
0
0
0
19,000
518,000
1,238,000
809,000
19,000
1,092,000
307,000
252,000
22,000
609,000
824,000
478,000
155,000
1,429,000
1,034,000
771,000
165,000
5,395,000
3,630,000
642,000
183,000
2,079,000
3,483,000
4,936,000
207,000
4,396,000
5,865,000
5,865,0004,396,000207,0004,936,0003,483,0002,079,000183,000642,0003,630,0005,395,000165,000771,0001,034,0001,429,000155,000478,000824,000609,00022,000252,000307,0001,092,00019,000809,0001,238,000518,00019,000000
       Net Receivables 
0
0
0
0
21,215,000
20,685,000
20,322,000
20,220,000
22,842,000
23,623,000
22,947,000
22,576,000
20,606,000
20,302,000
20,797,000
22,078,000
26,408,000
20,704,000
21,831,000
19,987,000
21,410,000
22,890,000
25,259,000
22,994,000
30,178,000
34,305,000
38,758,000
25,990,000
26,395,000
28,444,000
28,444,00026,395,00025,990,00038,758,00034,305,00030,178,00022,994,00025,259,00022,890,00021,410,00019,987,00021,831,00020,704,00026,408,00022,078,00020,797,00020,302,00020,606,00022,576,00022,947,00023,623,00022,842,00020,220,00020,322,00020,685,00021,215,0000000
       Other Current Assets 
0
0
0
20,790,000
21,369,000
20,815,000
20,412,000
22,056,000
22,881,000
23,663,000
22,982,000
23,886,000
24,369,000
23,751,000
24,172,000
23,146,000
26,455,000
20,747,000
21,873,000
21,590,000
21,410,000
22,890,000
25,259,000
27,589,000
30,178,000
34,305,000
38,758,000
37,673,000
0
0
0037,673,00038,758,00034,305,00030,178,00027,589,00025,259,00022,890,00021,410,00021,590,00021,873,00020,747,00026,455,00023,146,00024,172,00023,751,00024,369,00023,886,00022,982,00023,663,00022,881,00022,056,00020,412,00020,815,00021,369,00020,790,000000
   > Long-term Assets 
0
0
0
78,290,000
78,826,000
105,103,000
103,515,000
107,098,000
111,359,000
114,953,000
113,116,000
112,121,000
120,037,000
120,199,000
122,177,000
120,314,000
123,128,000
115,977,000
114,932,000
111,529,000
114,349,000
113,496,000
120,176,000
124,047,000
126,051,000
132,315,000
144,276,000
139,580,000
140,742,000
146,538,000
146,538,000140,742,000139,580,000144,276,000132,315,000126,051,000124,047,000120,176,000113,496,000114,349,000111,529,000114,932,000115,977,000123,128,000120,314,000122,177,000120,199,000120,037,000112,121,000113,116,000114,953,000111,359,000107,098,000103,515,000105,103,00078,826,00078,290,000000
       Property Plant Equipment 
0
0
0
47,494,000
47,882,000
47,533,000
46,814,000
48,482,000
50,548,000
52,191,000
51,181,000
51,673,000
57,358,000
57,128,000
58,135,000
56,900,000
58,130,000
54,868,000
55,314,000
53,631,000
55,288,000
55,087,000
57,142,000
58,918,000
58,974,000
61,540,000
63,857,000
62,898,000
63,583,000
66,054,000
66,054,00063,583,00062,898,00063,857,00061,540,00058,974,00058,918,00057,142,00055,087,00055,288,00053,631,00055,314,00054,868,00058,130,00056,900,00058,135,00057,128,00057,358,00051,673,00051,181,00052,191,00050,548,00048,482,00046,814,00047,533,00047,882,00047,494,000000
       Goodwill 
0
0
0
19,253,000
19,099,000
31,589,000
31,018,000
31,697,000
33,256,000
34,138,000
33,623,000
33,553,000
34,612,000
34,654,000
35,655,000
34,581,000
36,255,000
34,694,000
34,281,000
32,324,000
33,715,000
33,216,000
36,481,000
37,803,000
38,554,000
40,524,000
45,763,000
44,786,000
44,964,000
47,005,000
47,005,00044,964,00044,786,00045,763,00040,524,00038,554,00037,803,00036,481,00033,216,00033,715,00032,324,00034,281,00034,694,00036,255,00034,581,00035,655,00034,654,00034,612,00033,553,00033,623,00034,138,00033,256,00031,697,00031,018,00031,589,00019,099,00019,253,000000
       Long Term Investments 
0
0
0
0
1,698,000
1,578,000
1,693,000
1,094,000
1,573,000
1,599,000
1,284,000
806,000
1,510,000
1,506,000
1,579,000
873,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000873,0001,579,0001,506,0001,510,000806,0001,284,0001,599,0001,573,0001,094,0001,693,0001,578,0001,698,0000000
       Intangible Assets 
0
0
0
7,665,000
7,833,000
21,854,000
20,871,000
21,424,000
21,931,000
22,074,000
21,565,000
21,475,000
21,994,000
21,788,000
21,940,000
21,182,000
22,220,000
20,909,000
19,660,000
18,574,000
19,185,000
18,814,000
20,749,000
21,806,000
22,699,000
23,118,000
25,667,000
25,346,000
25,713,000
26,202,000
26,202,00025,713,00025,346,00025,667,00023,118,00022,699,00021,806,00020,749,00018,814,00019,185,00018,574,00019,660,00020,909,00022,220,00021,182,00021,940,00021,788,00021,994,00021,475,00021,565,00022,074,00021,931,00021,424,00020,871,00021,854,0007,833,0007,665,000000
       Other Assets 
0
0
0
0
2,314,000
2,549,000
3,119,000
4,710,000
4,051,000
4,951,000
5,463,000
4,974,000
4,563,000
5,123,000
4,868,000
7,159,000
4,956,000
3,966,000
4,079,000
6,447,000
5,278,000
5,583,000
5,566,000
5,403,000
5,561,000
6,856,000
8,700,000
6,130,000
6,048,000
6,829,000
6,829,0006,048,0006,130,0008,700,0006,856,0005,561,0005,403,0005,566,0005,583,0005,278,0006,447,0004,079,0003,966,0004,956,0007,159,0004,868,0005,123,0004,563,0004,974,0005,463,0004,951,0004,051,0004,710,0003,119,0002,549,0002,314,0000000
> Total Liabilities 
0
0
0
74,704,000
99,705,000
100,343,000
97,074,000
97,446,000
101,647,000
104,991,000
101,459,000
99,367,000
106,623,000
108,070,000
107,663,000
99,494,000
105,430,000
96,587,000
96,600,000
91,303,000
103,370,000
99,904,000
110,911,000
106,543,000
115,550,000
122,174,000
141,657,000
134,036,000
142,075,000
141,527,000
141,527,000142,075,000134,036,000141,657,000122,174,000115,550,000106,543,000110,911,00099,904,000103,370,00091,303,00096,600,00096,587,000105,430,00099,494,000107,663,000108,070,000106,623,00099,367,000101,459,000104,991,000101,647,00097,446,00097,074,000100,343,00099,705,00074,704,000000
   > Total Current Liabilities 
0
0
0
32,733,000
38,256,000
36,420,000
34,466,000
36,618,000
39,688,000
46,415,000
44,212,000
41,572,000
48,265,000
48,946,000
46,967,000
43,280,000
40,892,000
41,681,000
42,800,000
41,073,000
51,185,000
46,179,000
49,240,000
46,895,000
52,619,000
62,372,000
71,957,000
62,718,000
76,480,000
72,676,000
72,676,00076,480,00062,718,00071,957,00062,372,00052,619,00046,895,00049,240,00046,179,00051,185,00041,073,00042,800,00041,681,00040,892,00043,280,00046,967,00048,946,00048,265,00041,572,00044,212,00046,415,00039,688,00036,618,00034,466,00036,420,00038,256,00032,733,000000
       Short-term Debt 
0
0
0
4,229,000
10,069,000
8,079,000
6,228,000
6,420,000
8,380,000
15,690,000
12,990,000
10,138,000
13,880,000
15,390,000
12,078,000
8,156,000
4,153,000
8,403,000
8,578,000
7,832,000
0
0
0
9,775,000
0
0
0
12,488,000
0
0
0012,488,0000009,775,0000007,832,0008,578,0008,403,0004,153,0008,156,00012,078,00015,390,00013,880,00010,138,00012,990,00015,690,0008,380,0006,420,0006,228,0008,079,00010,069,0004,229,000000
       Short Long Term Debt 
0
0
0
0
62,146,000
58,660,000
6,228,000
6,932,000
8,380,000
15,690,000
12,990,000
7,049,000
12,984,000
15,390,000
11,190,000
7,137,000
0
0
0
7,025,000
0
0
0
8,895,000
0
0
0
11,599,000
0
0
0011,599,0000008,895,0000007,025,0000007,137,00011,190,00015,390,00012,984,0007,049,00012,990,00015,690,0008,380,0006,932,0006,228,00058,660,00062,146,0000000
       Accounts payable 
0
0
0
13,072,000
12,902,000
13,795,000
13,375,000
14,748,000
15,146,000
15,658,000
15,155,000
15,911,000
17,258,000
16,559,000
16,665,000
15,802,000
15,780,000
15,593,000
15,089,000
14,791,000
14,456,000
15,326,000
16,668,000
18,030,000
19,512,000
21,348,000
25,053,000
25,644,000
24,296,000
21,760,000
21,760,00024,296,00025,644,00025,053,00021,348,00019,512,00018,030,00016,668,00015,326,00014,456,00014,791,00015,089,00015,593,00015,780,00015,802,00016,665,00016,559,00017,258,00015,911,00015,155,00015,658,00015,146,00014,748,00013,375,00013,795,00012,902,00013,072,000000
       Other Current Liabilities 
0
0
0
15,432,000
15,285,000
14,546,000
14,863,000
15,450,000
16,162,000
15,067,000
16,067,000
15,523,000
17,127,000
16,997,000
18,224,000
19,322,000
20,959,000
17,685,000
19,133,000
18,450,000
36,729,000
30,853,000
31,035,000
16,366,000
33,107,000
41,024,000
46,904,000
24,586,000
52,184,000
50,916,000
50,916,00052,184,00024,586,00046,904,00041,024,00033,107,00016,366,00031,035,00030,853,00036,729,00018,450,00019,133,00017,685,00020,959,00019,322,00018,224,00016,997,00017,127,00015,523,00016,067,00015,067,00016,162,00015,450,00014,863,00014,546,00015,285,00015,432,000000
   > Long-term Liabilities 
0
0
0
41,971,000
61,449,000
63,923,000
62,608,000
60,828,000
61,959,000
58,576,000
57,247,000
57,795,000
58,358,000
59,124,000
60,696,000
56,214,000
64,538,000
54,906,000
53,800,000
50,230,000
52,185,000
53,725,000
61,671,000
59,648,000
62,931,000
59,802,000
69,700,000
71,318,000
65,595,000
68,851,000
68,851,00065,595,00071,318,00069,700,00059,802,00062,931,00059,648,00061,671,00053,725,00052,185,00050,230,00053,800,00054,906,00064,538,00056,214,00060,696,00059,124,00058,358,00057,795,00057,247,00058,576,00061,959,00060,828,00062,608,00063,923,00061,449,00041,971,000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
38,202,000
41,075,000
42,701,000
49,193,000
47,443,000
50,760,000
47,083,000
54,420,000
58,242,000
53,055,000
56,054,000
56,054,00053,055,00058,242,00054,420,00047,083,00050,760,00047,443,00049,193,00042,701,00041,075,00038,202,0000000000000000000000
       Other Liabilities 
0
0
0
0
9,856,000
13,342,000
13,306,000
13,191,000
13,347,000
14,589,000
14,024,000
14,295,000
14,076,000
14,624,000
15,391,000
13,135,000
14,126,000
13,560,000
13,173,000
12,028,000
11,110,000
11,024,000
12,478,000
12,205,000
12,171,000
12,719,000
15,280,000
0
0
0
00015,280,00012,719,00012,171,00012,205,00012,478,00011,024,00011,110,00012,028,00013,173,00013,560,00014,126,00013,135,00015,391,00014,624,00014,076,00014,295,00014,024,00014,589,00013,347,00013,191,00013,306,00013,342,0009,856,0000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
309,000
0
0
0
360,000
0
0
0
381,000
0
0
0
301,000
0
0
0
228,000
0
0
0
0
0
0
000000228,000000301,000000381,000000360,000000309,0000000000
> Total Stockholder Equity
0
0
0
33,204,000
35,826,000
37,506,000
38,366,000
42,289,000
45,889,000
45,253,000
45,971,000
47,141,000
50,200,000
48,217,000
51,432,000
54,125,000
57,385,000
55,279,000
56,907,000
54,352,000
54,227,000
56,733,000
57,305,000
59,874,000
59,623,000
66,831,000
74,013,000
67,346,000
64,366,000
71,019,000
71,019,00064,366,00067,346,00074,013,00066,831,00059,623,00059,874,00057,305,00056,733,00054,227,00054,352,00056,907,00055,279,00057,385,00054,125,00051,432,00048,217,00050,200,00047,141,00045,971,00045,253,00045,889,00042,289,00038,366,00037,506,00035,826,00033,204,000000
   Common Stock
0
0
0
0
0
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,000
2,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,0002,350,00000000
   Retained Earnings Total Equity000000000000000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000000000000000
   Capital Surplus 000000000000000000000000000000
   Treasury Stock000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
4,254,000
3,063,000
1,900,000
3,154,000
5,289,000
6,273,000
5,509,000
5,003,000
6,564,000
6,711,000
8,403,000
6,284,000
7,819,000
4,569,000
3,616,000
581,000
2,917,000
2,821,000
5,578,000
6,416,000
9,753,000
14,785,000
20,339,000
11,477,000
10,596,000
14,299,000
14,299,00010,596,00011,477,00020,339,00014,785,0009,753,0006,416,0005,578,0002,821,0002,917,000581,0003,616,0004,569,0007,819,0006,284,0008,403,0006,711,0006,564,0005,003,0005,509,0006,273,0005,289,0003,154,0001,900,0003,063,0004,254,0000000



Balance Sheet

Currency in SEK. 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, 2022-12-31)

Gross Profit (+$)
totalRevenue156,173,000
Cost of Revenue-118,945,000
Gross Profit37,228,00037,228,000
 
Operating Income (+$)
Gross Profit37,228,000
Operating Expense-27,223,000
Operating Income9,479,00010,005,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative26,107,000
Selling And Marketing Expenses0
Operating Expense27,223,00026,107,000
 
Net Interest Income (+$)
Interest Income1,370,000
Interest Expense-1,476,000
Other Finance Cost-1,273,000
Net Interest Income-1,379,000
 
Pretax Income (+$)
Operating Income9,479,000
Net Interest Income-1,379,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)8,109,00010,849,000
EBIT - interestExpense = 8,003,000
7,612,000
7,043,000
Interest Expense1,476,000
Earnings Before Interest and Taxes (EBIT)9,479,0009,585,000
Earnings Before Interest and Taxes (EBITDA)20,740,000
 
After tax Income (+$)
Income Before Tax8,109,000
Tax Provision-2,045,000
Net Income From Continuing Ops6,064,0006,064,000
Net Income5,567,000
Net Income Applicable To Common Shares5,567,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses146,168,000
Total Other Income/Expenses Net-1,370,0001,379,000
 

Technical Analysis of Essity
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 Essity. The general trend of Essity is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Essity's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Essity 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: 249.70 < 251.00 < 258.00.

The bearish price targets are: 231.50 > 225.26 > 223.21.

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

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

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

Directionalities and relatives.

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

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

Essity 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 Essity AB (publ). The current macd is -6.41194019.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 Essity price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Essity. 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 Essity 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 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
Essity AB (publ) Daily Moving Average Convergence/Divergence (MACD) ChartEssity 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 Essity AB (publ). The current adx is 37.20.

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

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Essity shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Essity 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 Essity AB (publ). The current sar is 236.45.

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

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Essity AB (publ) Daily Parabolic SAR Chart
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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 Essity AB (publ). The current rsi is 24.84. The current phase is Oversold in bear market.

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

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

The long score for the Stochastic Oscillator is 1/6.
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 < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Essity price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Essity AB (publ) Daily Stochastic Oscillator ChartEssity 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 Essity AB (publ). The current cci is -126.61635813.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Essity AB (publ) Daily Commodity Channel Index (CCI) ChartEssity 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 Essity AB (publ). The current cmo is -53.48975076.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Essity AB (publ) Daily Chande Momentum Oscillator (CMO) ChartEssity 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 Essity AB (publ). The current willr is -85.77981651.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Essity AB (publ) Daily Williams %R ChartEssity AB (publ) Daily Williams %R Chart
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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 Essity AB (publ).

Essity 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 Essity AB (publ). The current atr is 4.2546.

Essity AB (publ) Daily Average True Range (ATR) ChartEssity AB (publ) Daily Average True Range (ATR) Chart
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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 Essity AB (publ). The current obv is -8,399,028.

Essity AB (publ) Daily On-Balance Volume (OBV) ChartEssity 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 Essity