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AB Sagax (publ)
Buy, Hold or Sell?

Let's analyse Sagax together

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










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

How much money do you get?

How much money do you get?
kr0.45
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
kr77.28
Expected worth in 1 year
kr80.07
How sure are you?
85.7%

+ What do you gain per year?

Total Gains per Share
kr7.55
Return On Investment
2.7%

For what price can you sell your share?

Current Price per Share
kr281.00
Expected price per share
kr251.00 - kr287.57
How sure are you?
50%

1. Valuation of Sagax (5 min.)




Live pricePrice per Share (EOD)

kr281.00

Intrinsic Value Per Share

kr120.47 - kr142.19

Total Value Per Share

kr197.75 - kr219.47

2. Growth of Sagax (5 min.)




Is Sagax growing?

Current yearPrevious yearGrowGrow %
How rich?$3.3b$3b$173.8m5.4%

How much money is Sagax making?

Current yearPrevious yearGrowGrow %
Making money$16.3m$148.9m-$132.6m-813.3%
Net Profit Margin15.9%188.3%--

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

3. Financial Health of Sagax (5 min.)




4. Comparing to competitors in the Real Estate Services industry (5 min.)




  Industry Rankings (Real Estate Services)  


Richest
#33 / 460

Most Revenue
#138 / 460

Most Profit
#284 / 460

Most Efficient
#266 / 460

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

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

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

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

Speculation

The Price per Share of Sagax is kr281.00. 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 Sagax.
  • 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 Sagax, 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 kr77.28. Based on the TTM, the Book Value Change Per Share is kr0.70 per quarter. Based on the YOY, the Book Value Change Per Share is kr3.32 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 kr1.19 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Sagax.

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 Eps0.130.0%0.040.0%0.340.1%0.230.1%0.220.1%
Usd Book Value Change Per Share0.090.0%0.070.0%0.310.1%0.230.1%0.260.1%
Usd Dividend Per Share0.220.1%0.110.0%0.050.0%0.060.0%0.050.0%
Usd Total Gains Per Share0.300.1%0.180.1%0.360.1%0.290.1%0.310.1%
Usd Price Per Share19.74-21.22-22.65-18.05-15.71-
Price to Earnings Ratio37.64-124.04-47.12-45.15-36.05-
Price-to-Total Gains Ratio65.17--172.97-174.64-29.52-26.23-
Price to Book Ratio2.72-2.97-3.33-3.42-3.45-
Price-to-Total Gains Ratio65.17--172.97-174.64-29.52-26.23-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share26.414
Number of shares37
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.110.06
Usd Book Value Change Per Share0.070.23
Usd Total Gains Per Share0.180.29
Gains per Quarter (37 shares)6.5610.70
Gains per Year (37 shares)26.2642.80
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
117101693433
2331942186876
350296826102119
466399435136162
5834912044170205
6995814653204248
71166817261238291
81327819870272334
91498722479306377
101659725088340420

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 Share3.01.00.075.0%11.01.00.091.7%19.01.00.095.0%27.01.00.096.4%27.01.00.096.4%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%17.03.00.085.0%23.05.00.082.1%23.05.00.082.1%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%28.00.00.0100.0%28.00.00.0100.0%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%18.02.00.090.0%24.04.00.085.7%24.04.00.085.7%

Fundamentals of Sagax

About AB Sagax (publ)

AB Sagax (publ) operates as a property company in Sweden, Finland, France, the Netherlands, Germany, and Spain. The company invests in commercial properties primarily in the warehouse and light industry segment. AB Sagax (publ) was incorporated in 1995 and is based in Stockholm, Sweden.

Fundamental data was last updated by Penke on 2024-03-12 20:08:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not 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 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 expensive.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of AB Sagax (publ).

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Sagax to the Real Estate Services industry mean.
  • A Net Profit Margin of 57.0% means that kr0.57 for each kr1 in revenue is generated as profit.

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

  • The MRQ is 57.0%. The company is making a huge profit. +2
  • The TTM is 15.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ57.0%TTM15.9%+41.0%
TTM15.9%YOY188.3%-172.3%
TTM15.9%5Y145.0%-129.1%
5Y145.0%10Y150.6%-5.6%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ57.0%5.3%+51.7%
TTM15.9%3.4%+12.5%
YOY188.3%12.2%+176.1%
5Y145.0%9.9%+135.1%
10Y150.6%12.4%+138.2%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Sagax to the Real Estate Services industry mean.
  • 0.9% Return on Assets means that Sagax generated kr0.01 profit for each $1 in assets.

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

  • The MRQ is 0.9%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.9%TTM0.2%+0.6%
TTM0.2%YOY2.5%-2.2%
TTM0.2%5Y2.1%-1.9%
5Y2.1%10Y2.4%-0.3%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9%0.4%+0.5%
TTM0.2%0.4%-0.2%
YOY2.5%1.1%+1.4%
5Y2.1%1.0%+1.1%
10Y2.4%1.2%+1.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Sagax to the Real Estate Services industry mean.
  • 1.8% Return on Equity means Sagax generated kr0.02 for each kr1 the owners (shareholders) invested.

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

  • The MRQ is 1.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.8%TTM0.5%+1.3%
TTM0.5%YOY5.0%-4.5%
TTM0.5%5Y4.5%-4.0%
5Y4.5%10Y5.4%-0.9%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%1.0%+0.8%
TTM0.5%0.8%-0.3%
YOY5.0%2.2%+2.8%
5Y4.5%2.0%+2.5%
10Y5.4%2.7%+2.7%

1.2. Operating Efficiency of AB Sagax (publ).

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Sagax is operating .

  • Measures how much profit Sagax 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 Sagax to the Real Estate Services industry mean.
  • An Operating Margin of 0.0% means the company generated kr0.00  for each kr1 in revenue (before taxes).

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

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY77.7%-77.7%
TTM-5Y87.7%-87.7%
5Y87.7%10Y85.3%+2.4%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-16.8%-16.8%
TTM-10.8%-10.8%
YOY77.7%17.8%+59.9%
5Y87.7%17.4%+70.3%
10Y85.3%16.1%+69.2%
1.2.2. Operating Ratio

Measures how efficient Sagax is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Real Estate Services industry mean).
  • An Operation Ratio of 0.35 means that the operating costs are kr0.35 for each kr1 in net sales.

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

  • The MRQ is 0.350. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.413. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.350TTM0.413-0.063
TTM0.413YOY0.355+0.058
TTM0.4135Y0.378+0.034
5Y0.37810Y0.377+0.002
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3501.065-0.715
TTM0.4131.092-0.679
YOY0.3551.062-0.707
5Y0.3781.074-0.696
10Y0.3771.005-0.628

1.3. Liquidity of AB Sagax (publ).

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Real Estate Services industry mean).
  • A Current Ratio of 0.25 means the company has kr0.25 in assets for each kr1 in short-term debts.

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

  • The MRQ is 0.253. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.758. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.253TTM0.758-0.504
TTM0.758YOY0.263+0.494
TTM0.7585Y0.463+0.294
5Y0.46310Y0.384+0.079
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2531.574-1.321
TTM0.7581.563-0.805
YOY0.2631.591-1.328
5Y0.4631.791-1.328
10Y0.3841.738-1.354
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Sagax to the Real Estate Services industry mean.
  • A Quick Ratio of 0.21 means the company can pay off kr0.21 for each kr1 in debt (using most liquid assets).

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

  • The MRQ is 0.206. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.829. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.206TTM0.829-0.623
TTM0.829YOY2.308-1.479
TTM0.8295Y1.042-0.213
5Y1.04210Y0.751+0.292
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2060.499-0.293
TTM0.8290.543+0.286
YOY2.3080.895+1.413
5Y1.0420.990+0.052
10Y0.7510.938-0.187

1.4. Solvency of AB Sagax (publ).

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Sagax to Real Estate Services industry mean.
  • A Debt to Asset Ratio of 0.52 means that Sagax assets are financed with 52.2% credit (debt) and the remaining percentage (100% - 52.2%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.522. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.527. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.522TTM0.527-0.005
TTM0.527YOY0.517+0.010
TTM0.5275Y0.530-0.002
5Y0.53010Y0.547-0.017
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5220.514+0.008
TTM0.5270.523+0.004
YOY0.5170.512+0.005
5Y0.5300.527+0.003
10Y0.5470.525+0.022
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Sagax to the Real Estate Services industry mean.
  • A Debt to Equity ratio of 109.2% means that company has kr1.09 debt for each kr1 in shareholders equity.

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

  • The MRQ is 1.092. The company is able to pay all its debts with equity. +1
  • The TTM is 1.117. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.092TTM1.117-0.024
TTM1.117YOY1.074+0.043
TTM1.1175Y1.128-0.011
5Y1.12810Y1.220-0.092
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0921.038+0.054
TTM1.1171.059+0.058
YOY1.0741.042+0.032
5Y1.1281.159-0.031
10Y1.2201.268-0.048

2. Market Valuation of AB Sagax (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 Sagax generates.

  • Above 15 is considered overpriced but always compare Sagax to the Real Estate Services industry mean.
  • A PE ratio of 37.64 means the investor is paying kr37.64 for every kr1 in earnings.

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

  • The EOD is 50.371. Based on the earnings, the company is expensive. -2
  • The MRQ is 37.644. Based on the earnings, the company is overpriced. -1
  • The TTM is 124.042. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD50.371MRQ37.644+12.727
MRQ37.644TTM124.042-86.398
TTM124.042YOY47.118+76.924
TTM124.0425Y45.147+78.895
5Y45.14710Y36.047+9.100
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
EOD50.3714.304+46.067
MRQ37.6445.443+32.201
TTM124.0426.308+117.734
YOY47.1187.876+39.242
5Y45.1478.986+36.161
10Y36.0479.990+26.057
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 25.528. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 19.078. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 30.201. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD25.528MRQ19.078+6.450
MRQ19.078TTM30.201-11.123
TTM30.201YOY40.651-10.450
TTM30.2015Y67.499-37.298
5Y67.49910Y57.353+10.145
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
EOD25.5285.315+20.213
MRQ19.0785.800+13.278
TTM30.2014.240+25.961
YOY40.6516.169+34.482
5Y67.4994.451+63.048
10Y57.3534.838+52.515
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Real Estate Services industry mean).
  • A PB ratio of 2.72 means the investor is paying kr2.72 for each kr1 in book value.

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

  • The EOD is 3.636. Based on the equity, the company is fair priced.
  • The MRQ is 2.717. Based on the equity, the company is underpriced. +1
  • The TTM is 2.974. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.636MRQ2.717+0.919
MRQ2.717TTM2.974-0.256
TTM2.974YOY3.326-0.352
TTM2.9745Y3.422-0.448
5Y3.42210Y3.450-0.028
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
EOD3.6360.731+2.905
MRQ2.7170.844+1.873
TTM2.9740.841+2.133
YOY3.3261.027+2.299
5Y3.4221.066+2.356
10Y3.4501.184+2.266
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of AB Sagax (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--0.9170.698+31%3.318-72%2.446-62%2.760-67%
Book Value Per Share--77.27775.977+2%72.723+6%57.550+34%49.662+56%
Current Ratio--0.2530.758-67%0.263-4%0.463-45%0.384-34%
Debt To Asset Ratio--0.5220.527-1%0.517+1%0.530-1%0.547-5%
Debt To Equity Ratio--1.0921.117-2%1.074+2%1.128-3%1.220-10%
Dividend Per Share--2.3051.189+94%0.526+338%0.631+265%0.530+335%
Eps--1.3950.381+266%3.583-61%2.409-42%2.357-41%
Free Cash Flow Per Share--2.7522.011+37%1.725+60%1.630+69%1.414+95%
Free Cash Flow To Equity Per Share--1.4631.973-26%3.895-62%3.098-53%2.697-46%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--142.193--------
Intrinsic Value_10Y_min--120.473--------
Intrinsic Value_1Y_max--7.843--------
Intrinsic Value_1Y_min--7.700--------
Intrinsic Value_3Y_max--28.447--------
Intrinsic Value_3Y_min--27.059--------
Intrinsic Value_5Y_max--54.936--------
Intrinsic Value_5Y_min--50.570--------
Market Cap7450827400.000-1181%95465155800.000101375532837.500-6%107017574112.500-11%86331835865.450+11%73146437159.964+31%
Net Profit Margin--0.5700.159+257%1.883-70%1.450-61%1.506-62%
Operating Margin----0%0.777-100%0.877-100%0.853-100%
Operating Ratio--0.3500.413-15%0.355-1%0.378-8%0.377-7%
Pb Ratio3.636+25%2.7172.974-9%3.326-18%3.422-21%3.450-21%
Pe Ratio50.371+25%37.644124.042-70%47.118-20%45.147-17%36.047+4%
Price Per Share281.000+25%210.000225.750-7%241.000-13%192.000+9%167.104+26%
Price To Free Cash Flow Ratio25.528+25%19.07830.201-37%40.651-53%67.499-72%57.353-67%
Price To Total Gains Ratio87.197+25%65.165-172.970+365%174.641-63%29.519+121%26.231+148%
Quick Ratio--0.2060.829-75%2.308-91%1.042-80%0.751-73%
Return On Assets--0.0090.002+265%0.025-65%0.021-60%0.024-64%
Return On Equity--0.0180.005+266%0.050-64%0.045-60%0.054-67%
Total Gains Per Share--3.2231.888+71%3.844-16%3.077+5%3.290-2%
Usd Book Value--3302220000.0003209677000.000+3%3035847500.000+9%2415720100.000+37%2027472571.429+63%
Usd Book Value Change Per Share--0.0860.066+31%0.312-72%0.230-62%0.259-67%
Usd Book Value Per Share--7.2647.142+2%6.836+6%5.410+34%4.668+56%
Usd Dividend Per Share--0.2170.112+94%0.049+338%0.059+265%0.050+335%
Usd Eps--0.1310.036+266%0.337-61%0.226-42%0.222-41%
Usd Free Cash Flow--117594000.00085164000.000+38%72004000.000+63%68032500.000+73%57477642.857+105%
Usd Free Cash Flow Per Share--0.2590.189+37%0.162+60%0.153+69%0.133+95%
Usd Free Cash Flow To Equity Per Share--0.1380.186-26%0.366-62%0.291-53%0.253-46%
Usd Market Cap700377775.600-1181%8973724645.2009529300086.725-6%10059651966.575-11%8115192571.352+11%6875765093.037+31%
Usd Price Per Share26.414+25%19.74021.221-7%22.654-13%18.048+9%15.708+26%
Usd Profit--59596000.00016309000.000+265%148943000.000-60%101223900.000-41%94412928.571-37%
Usd Revenue--104622000.00097078500.000+8%83260500.000+26%74842800.000+40%67643071.429+55%
Usd Total Gains Per Share--0.3030.177+71%0.361-16%0.289+5%0.309-2%
 EOD+2 -6MRQTTM+27 -7YOY+14 -215Y+21 -1410Y+18 -17

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1550.371
Price to Book Ratio (EOD)Between0-13.636
Net Profit Margin (MRQ)Greater than00.570
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.206
Current Ratio (MRQ)Greater than10.253
Debt to Asset Ratio (MRQ)Less than10.522
Debt to Equity Ratio (MRQ)Less than11.092
Return on Equity (MRQ)Greater than0.150.018
Return on Assets (MRQ)Greater than0.050.009
Total2/10 (20.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5065.653
Ma 20Greater thanMa 50262.150
Ma 50Greater thanMa 100254.700
Ma 100Greater thanMa 200252.790
OpenGreater thanClose282.000
Total5/5 (100.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in SEK. All numbers in thousands.

Summary
Total Assets73,505,000
Total Liabilities38,375,000
Total Stockholder Equity35,130,000
 As reported
Total Liabilities 38,375,000
Total Stockholder Equity+ 35,130,000
Total Assets = 73,505,000

Assets

Total Assets73,505,000
Total Current Assets1,842,000
Long-term Assets71,664,000
Total Current Assets
Cash And Cash Equivalents 25,000
Short-term Investments 737,000
Other Current Assets 1,054,000
Total Current Assets  (as reported)1,842,000
Total Current Assets  (calculated)1,816,000
+/- 26,000
Long-term Assets
Property Plant Equipment 632,000
Other Assets 376,000
Long-term Assets  (as reported)71,664,000
Long-term Assets  (calculated)1,008,000
+/- 70,656,000

Liabilities & Shareholders' Equity

Total Current Liabilities7,276,000
Long-term Liabilities31,099,000
Total Stockholder Equity35,130,000
Total Current Liabilities
Short-term Debt 1,907,000
Short Long Term Debt 5,554,000
Other Current Liabilities 1,722,000
Total Current Liabilities  (as reported)7,276,000
Total Current Liabilities  (calculated)9,183,000
+/- 1,907,000
Long-term Liabilities
Long term Debt Total 26,743,000
Capital Lease Obligations 451,000
Long-term Liabilities Other 310,000
Long-term Liabilities  (as reported)31,099,000
Long-term Liabilities  (calculated)27,504,000
+/- 3,595,000
Total Stockholder Equity
Common Stock799,000
Retained Earnings 27,272,000
Capital Surplus 5,670,000
Other Stockholders Equity 1,389,000
Total Stockholder Equity (as reported)35,130,000
Total Stockholder Equity (calculated)35,130,000
+/-0
Other
Capital Stock799,000
Cash And Equivalents25,000
Cash and Short Term Investments 762,000
Common Stock Shares Outstanding 454,596
Liabilities and Stockholders Equity 73,505,000
Net Debt 31,821,000
Net Invested Capital 66,976,000
Net Working Capital -5,434,000
Property Plant and Equipment Gross 632,000



Balance Sheet

Currency in SEK. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
23,104,000
23,903,000
25,195,000
25,554,000
27,240,000
29,898,000
30,858,000
32,259,000
33,690,000
36,501,000
36,447,000
38,649,000
40,154,000
47,081,000
43,854,000
46,778,000
46,622,000
50,885,000
54,276,000
57,257,000
62,472,000
65,764,000
68,840,000
70,918,000
71,831,000
71,711,000
71,943,000
73,505,000
73,505,00071,943,00071,711,00071,831,00070,918,00068,840,00065,764,00062,472,00057,257,00054,276,00050,885,00046,622,00046,778,00043,854,00047,081,00040,154,00038,649,00036,447,00036,501,00033,690,00032,259,00030,858,00029,898,00027,240,00025,554,00025,195,00023,903,00023,104,000
   > Total Current Assets 
540,000
610,000
530,000
614,000
372,000
392,000
380,000
726,000
490,000
2,176,000
1,826,000
1,387,000
516,000
2,385,000
609,000
731,000
455,000
651,000
658,000
627,000
680,000
1,198,000
956,000
848,000
6,840,000
6,598,000
1,653,000
1,842,000
1,842,0001,653,0006,598,0006,840,000848,000956,0001,198,000680,000627,000658,000651,000455,000731,000609,0002,385,000516,0001,387,0001,826,0002,176,000490,000726,000380,000392,000372,000614,000530,000610,000540,000
       Cash And Cash Equivalents 
283,000
406,000
231,000
368,000
60,000
94,000
37,000
307,000
73,000
544,000
111,000
467,000
86,000
1,742,000
38,000
177,000
24,000
17,000
22,000
32,000
84,000
402,000
104,000
115,000
76,000
56,000
22,000
25,000
25,00022,00056,00076,000115,000104,000402,00084,00032,00022,00017,00024,000177,00038,0001,742,00086,000467,000111,000544,00073,000307,00037,00094,00060,000368,000231,000406,000283,000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
1,084,000
1,180,000
338,000
405,000
338,000
426,000
559,000
738,000
1,292,000
2,777,000
3,144,000
4,772,000
4,465,000
3,475,000
3,273,000
3,891,000
3,609,000
629,000
737,000
737,000629,0003,609,0003,891,0003,273,0003,475,0004,465,0004,772,0003,144,0002,777,0001,292,000738,000559,000426,000338,000405,000338,0001,180,0001,084,000000000000
       Net Receivables 
169,000
0
0
0
216,000
0
0
0
305,000
0
0
0
303,000
0
0
0
300,000
0
0
0
429,000
0
0
0
191,000
0
0
0
000191,000000429,000000300,000000303,000000305,000000216,000000169,000
       Other Current Assets 
88,000
204,000
299,000
246,000
96,000
298,000
343,000
419,000
112,000
548,000
535,000
582,000
127,000
643,000
571,000
554,000
131,000
634,000
636,000
595,000
167,000
796,000
852,000
733,000
2,873,000
2,933,000
1,002,000
1,054,000
1,054,0001,002,0002,933,0002,873,000733,000852,000796,000167,000595,000636,000634,000131,000554,000571,000643,000127,000582,000535,000548,000112,000419,000343,000298,00096,000246,000299,000204,00088,000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
34,325,000
34,620,000
37,262,000
39,233,000
44,357,000
42,818,000
45,488,000
45,429,000
48,943,000
50,841,000
53,487,000
57,020,000
60,101,000
64,409,000
66,797,000
64,991,000
65,112,000
70,290,000
71,664,000
71,664,00070,290,00065,112,00064,991,00066,797,00064,409,00060,101,00057,020,00053,487,00050,841,00048,943,00045,429,00045,488,00042,818,00044,357,00039,233,00037,262,00034,620,00034,325,000000000000
       Property Plant Equipment 
20,630,000
21,005,000
22,098,000
22,231,000
23,767,000
26,038,000
27,008,000
27,642,000
28,774,000
30,286,000
30,448,000
31,737,000
32,366,000
37,412,000
36,197,000
38,485,000
37,684,000
40,697,000
41,278,000
43,114,000
46,479,000
48,750,000
52,361,000
569,000
394,000
571,000
600,000
632,000
632,000600,000571,000394,000569,00052,361,00048,750,00046,479,00043,114,00041,278,00040,697,00037,684,00038,485,00036,197,00037,412,00032,366,00031,737,00030,448,00030,286,00028,774,00027,642,00027,008,00026,038,00023,767,00022,231,00022,098,00021,005,00020,630,000
       Long Term Investments 
1,671,000
2,272,000
2,540,000
2,699,000
2,702,000
3,442,000
3,458,000
3,674,000
3,713,000
4,833,000
4,885,000
5,381,000
6,099,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000006,099,0005,381,0004,885,0004,833,0003,713,0003,674,0003,458,0003,442,0002,702,0002,699,0002,540,0002,272,0001,671,000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
34,000
48,000
42,000
-2,000
77,000
53,000
61,000
0
145,000
156,000
114,000
1,000
151,000
181,000
1,000
2,000
-1,000
1,000
0
01,000-1,0002,0001,000181,000151,0001,000114,000156,000145,000061,00053,00077,000-2,00042,00048,00034,000000000000
> Total Liabilities 
14,395,000
14,642,000
15,431,000
15,350,000
15,884,000
17,584,000
17,012,000
17,768,000
18,274,000
20,127,000
19,441,000
20,757,000
20,897,000
26,681,000
23,430,000
25,237,000
24,170,000
26,102,000
28,778,000
30,084,000
31,393,000
32,981,000
36,609,000
37,826,000
38,368,000
38,411,000
37,254,000
38,375,000
38,375,00037,254,00038,411,00038,368,00037,826,00036,609,00032,981,00031,393,00030,084,00028,778,00026,102,00024,170,00025,237,00023,430,00026,681,00020,897,00020,757,00019,441,00020,127,00018,274,00017,768,00017,012,00017,584,00015,884,00015,350,00015,431,00014,642,00014,395,000
   > Total Current Liabilities 
2,190,000
2,176,000
3,156,000
2,704,000
2,331,000
3,217,000
4,541,000
3,719,000
2,620,000
2,323,000
2,031,000
2,680,000
2,243,000
1,848,000
2,585,000
2,981,000
3,060,000
4,294,000
4,267,000
3,350,000
4,279,000
2,515,000
4,082,000
4,622,000
4,090,000
7,571,000
7,092,000
7,276,000
7,276,0007,092,0007,571,0004,090,0004,622,0004,082,0002,515,0004,279,0003,350,0004,267,0004,294,0003,060,0002,981,0002,585,0001,848,0002,243,0002,680,0002,031,0002,323,0002,620,0003,719,0004,541,0003,217,0002,331,0002,704,0003,156,0002,176,0002,190,000
       Short-term Debt 
13,027,000
13,223,000
13,715,000
804,000
404,000
838,000
1,938,000
1,256,000
312,000
1,456,000
976,000
1,502,000
193,000
789,000
568,000
826,000
1,081,000
1,911,000
1,699,000
2,040,000
2,891,000
1,296,000
2,561,000
2,283,000
1,019,000
1,871,000
1,683,000
1,907,000
1,907,0001,683,0001,871,0001,019,0002,283,0002,561,0001,296,0002,891,0002,040,0001,699,0001,911,0001,081,000826,000568,000789,000193,0001,502,000976,0001,456,000312,0001,256,0001,938,000838,000404,000804,00013,715,00013,223,00013,027,000
       Short Long Term Debt 
13,027,000
13,223,000
13,715,000
804,000
404,000
838,000
1,938,000
1,256,000
312,000
1,456,000
976,000
1,502,000
1,385,000
885,000
1,261,000
1,690,000
1,851,000
3,349,000
3,050,000
2,087,000
2,986,000
1,360,000
2,638,000
3,137,000
2,474,000
6,230,000
5,435,000
5,554,000
5,554,0005,435,0006,230,0002,474,0003,137,0002,638,0001,360,0002,986,0002,087,0003,050,0003,349,0001,851,0001,690,0001,261,000885,0001,385,0001,502,000976,0001,456,000312,0001,256,0001,938,000838,000404,000804,00013,715,00013,223,00013,027,000
       Accounts payable 
14,000
0
0
0
29,000
0
0
0
42,000
0
0
0
19,000
0
0
0
42,000
0
0
0
32,000
0
0
0
35,000
0
0
0
00035,00000032,00000042,00000019,00000042,00000029,00000014,000
       Other Current Liabilities 
489,000
551,000
756,000
649,000
484,000
666,000
923,000
958,000
652,000
867,000
1,055,000
1,178,000
622,000
963,000
1,324,000
1,291,000
915,000
945,000
1,217,000
1,263,000
953,000
1,155,000
1,444,000
1,485,000
597,000
1,341,000
1,657,000
1,722,000
1,722,0001,657,0001,341,000597,0001,485,0001,444,0001,155,000953,0001,263,0001,217,000945,000915,0001,291,0001,324,000963,000622,0001,178,0001,055,000867,000652,000958,000923,000666,000484,000649,000756,000551,000489,000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
17,804,000
17,410,000
18,077,000
18,654,000
24,833,000
20,845,000
22,256,000
21,109,000
21,808,000
24,511,000
26,734,000
27,114,000
30,466,000
32,527,000
33,204,000
34,278,000
30,840,000
30,162,000
31,099,000
31,099,00030,162,00030,840,00034,278,00033,204,00032,527,00030,466,00027,114,00026,734,00024,511,00021,808,00021,109,00022,256,00020,845,00024,833,00018,654,00018,077,00017,410,00017,804,000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
18,371,000
18,753,000
21,513,000
23,552,000
23,758,000
26,967,000
28,716,000
29,145,000
30,200,000
26,732,000
25,947,000
26,743,000
26,743,00025,947,00026,732,00030,200,00029,145,00028,716,00026,967,00023,758,00023,552,00021,513,00018,753,00018,371,0000000000000000000
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
385,000
407,000
394,000
401,000
371,000
404,000
390,000
379,000
387,000
382,000
380,000
417,000
448,000
451,000
451,000448,000417,000380,000382,000387,000379,000390,000404,000371,000401,000394,000407,000385,00000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
432,000
454,000
464,000
1,000
508,000
116,000
120,000
-1,000
152,000
163,000
177,000
0
219,000
250,000
281,000
0
307,000
301,000
310,000
310,000301,000307,0000281,000250,000219,0000177,000163,000152,000-1,000120,000116,000508,0001,000464,000454,000432,000000000000
> Total Stockholder Equity
8,709,000
9,261,000
9,764,000
10,204,000
11,356,000
12,314,000
13,846,000
14,491,000
15,416,000
16,374,000
17,006,000
17,892,000
19,257,000
20,400,000
20,424,000
21,541,000
22,452,000
24,783,000
25,498,000
27,173,000
31,079,000
32,783,000
32,231,000
33,092,000
33,463,000
33,300,000
34,689,000
35,130,000
35,130,00034,689,00033,300,00033,463,00033,092,00032,231,00032,783,00031,079,00027,173,00025,498,00024,783,00022,452,00021,541,00020,424,00020,400,00019,257,00017,892,00017,006,00016,374,00015,416,00014,491,00013,846,00012,314,00011,356,00010,204,0009,764,0009,261,0008,709,000
   Common Stock
413,000
413,000
419,000
419,000
419,000
419,000
478,000
478,000
487,000
487,000
776,000
776,000
776,000
776,000
808,000
808,000
808,000
808,000
780,000
780,000
780,000
780,000
781,000
781,000
781,000
781,000
799,000
799,000
799,000799,000781,000781,000781,000781,000780,000780,000780,000780,000808,000808,000808,000808,000776,000776,000776,000776,000487,000487,000478,000478,000419,000419,000419,000419,000413,000413,000
   Retained Earnings 
6,319,000
6,577,000
7,046,000
7,580,000
8,570,000
9,251,000
9,723,000
10,456,000
11,218,000
12,072,000
12,420,000
13,231,000
14,760,000
15,509,000
15,370,000
16,439,000
17,785,000
19,942,000
20,780,000
22,370,000
26,228,000
27,810,000
27,011,000
27,715,000
27,988,000
27,721,000
26,670,000
27,272,000
27,272,00026,670,00027,721,00027,988,00027,715,00027,011,00027,810,00026,228,00022,370,00020,780,00019,942,00017,785,00016,439,00015,370,00015,509,00014,760,00013,231,00012,420,00012,072,00011,218,00010,456,0009,723,0009,251,0008,570,0007,580,0007,046,0006,577,0006,319,000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
3,046,000
3,046,000
3,542,000
3,542,000
3,522,000
3,522,000
3,522,000
3,542,000
3,578,000
3,578,000
3,616,000
3,616,000
3,616,000
3,616,000
5,638,000
5,670,000
5,670,0005,638,0003,616,0003,616,0003,616,0003,616,0003,578,0003,578,0003,542,0003,522,0003,522,0003,522,0003,542,0003,542,0003,046,0003,046,000000000000000
   Treasury Stock0000000000000000000000000000
   Other Stockholders Equity 
135,000
129,000
230,000
136,000
298,000
575,000
674,000
587,000
585,000
689,000
764,000
839,000
675,000
1,069,000
704,000
752,000
337,000
511,000
415,000
481,000
493,000
615,000
823,000
980,000
1,078,000
1,182,000
1,582,000
1,389,000
1,389,0001,582,0001,182,0001,078,000980,000823,000615,000493,000481,000415,000511,000337,000752,000704,0001,069,000675,000839,000764,000689,000585,000587,000674,000575,000298,000136,000230,000129,000135,000



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, 2023-12-31)

Gross Profit (+$)
totalRevenue4,146,000
Cost of Revenue-299,000
Gross Profit3,847,0003,847,000
 
Operating Income (+$)
Gross Profit3,847,000
Operating Expense-939,000
Operating Income3,207,0002,908,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative185,000
Selling And Marketing Expenses-
Operating Expense939,000185,000
 
Net Interest Income (+$)
Interest Income219,000
Interest Expense-608,000
Other Finance Cost-71,000
Net Interest Income-460,000
 
Pretax Income (+$)
Operating Income3,207,000
Net Interest Income-460,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)802,0003,207,000
EBIT - interestExpense = -608,000
693,000
1,301,000
Interest Expense608,000
Earnings Before Interest and Taxes (EBIT)-1,410,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax802,000
Tax Provision-108,000
Net Income From Continuing Ops694,000694,000
Net Income693,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-460,000
 

Technical Analysis of Sagax
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 Sagax. The general trend of Sagax is BULLISH 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 Sagax'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 AB Sagax (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: 284.00 < 287.57.

The bearish price targets are: 280.00 > 268.00 > 251.00.

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

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

AB Sagax (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 AB Sagax (publ). The current macd is 7.49460719.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Sagax price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Sagax. 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 Sagax price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
AB Sagax (publ) Daily Moving Average Convergence/Divergence (MACD) ChartAB Sagax (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 AB Sagax (publ). The current adx is 27.10.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Sagax shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
AB Sagax (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 AB Sagax (publ). The current sar is 263.11.

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
AB Sagax (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 AB Sagax (publ). The current rsi is 65.65. The current phase is Continuation in bull market.

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

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

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Sagax price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
AB Sagax (publ) Daily Stochastic Oscillator ChartAB Sagax (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 AB Sagax (publ). The current cci is 129.33.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
AB Sagax (publ) Daily Commodity Channel Index (CCI) ChartAB Sagax (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 AB Sagax (publ). The current cmo is 39.89.

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
AB Sagax (publ) Daily Chande Momentum Oscillator (CMO) ChartAB Sagax (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 AB Sagax (publ). The current willr is -9.09090909.

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

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

AB Sagax (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 AB Sagax (publ). The current atr is 6.89758412.

AB Sagax (publ) Daily Average True Range (ATR) ChartAB Sagax (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 AB Sagax (publ). The current obv is 186,582.

AB Sagax (publ) Daily On-Balance Volume (OBV) ChartAB Sagax (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 AB Sagax (publ). The current mfi is 88.59.

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

  • MFI > 50: +1
  • MFI > 80: +1
AB Sagax (publ) Daily Money Flow Index (MFI) ChartAB Sagax (publ) Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for AB Sagax (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
2023-11-09BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14BB 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
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-15BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-26MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15DMI 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
2024-02-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21CMO 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).
2024-02-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-02-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-06STOCH 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).
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11DMI 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-18STOCH 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).
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

AB Sagax (publ) Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5065.653
Ma 20Greater thanMa 50262.150
Ma 50Greater thanMa 100254.700
Ma 100Greater thanMa 200252.790
OpenGreater thanClose282.000
Total5/5 (100.0%)
Penke

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