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AB SKF (publ)
Buy, Hold or Sell?

Let's analyse Skf together

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










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

How much money do you get?

How much money do you get?
kr1.37
When do you have the money?
1 year
How often do you get paid?
95.0%

What is your share worth?

Current worth
kr120.69
Expected worth in 1 year
kr122.69
How sure are you?
85.0%

+ What do you gain per year?

Total Gains per Share
kr16.59
Return On Investment
7.6%

For what price can you sell your share?

Current Price per Share
kr218.50
Expected price per share
kr215.00 - kr239.00
How sure are you?
50%

1. Valuation of Skf (5 min.)




Live pricePrice per Share (EOD)

kr218.50

Intrinsic Value Per Share

kr69.57 - kr148.89

Total Value Per Share

kr190.25 - kr269.58

2. Growth of Skf (5 min.)




Is Skf growing?

Current yearPrevious yearGrowGrow %
How rich?$5.1b$4.8b$402.9m7.6%

How much money is Skf making?

Current yearPrevious yearGrowGrow %
Making money$150.3m$105m$45.2m30.1%
Net Profit Margin6.1%4.7%--

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

3. Financial Health of Skf (5 min.)




4. Comparing to competitors in the Tools & Accessories industry (5 min.)




  Industry Rankings (Tools & Accessories)  

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

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

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

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

Speculation

The Price per Share of Skf is kr218.50. 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 Skf.
  • 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 Skf, 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 kr120.69. Based on the TTM, the Book Value Change Per Share is kr0.50 per quarter. Based on the YOY, the Book Value Change Per Share is kr4.76 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 kr3.65 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Skf.

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 Eps0.130.1%0.330.2%0.230.1%0.290.1%0.270.1%
Usd Book Value Change Per Share-0.67-0.3%0.050.0%0.450.2%0.200.1%0.170.1%
Usd Dividend Per Share0.030.0%0.340.2%0.170.1%0.240.1%0.200.1%
Usd Total Gains Per Share-0.64-0.3%0.390.2%0.620.3%0.440.2%0.380.2%
Usd Price Per Share19.08-18.25-15.67-17.49-16.52-
Price to Earnings Ratio37.03-17.80-21.83-18.83-18.04-
Price-to-Total Gains Ratio-29.92-35.58--1.60-29.65-39.23-
Price to Book Ratio1.68-1.58-1.48-1.96-2.38-
Price-to-Total Gains Ratio-29.92-35.58--1.60-29.65-39.23-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share20.539
Number of shares48
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.340.24
Usd Book Value Change Per Share0.050.20
Usd Total Gains Per Share0.390.44
Gains per Quarter (48 shares)18.7121.17
Gains per Year (48 shares)74.8484.68
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
166965463975
2132181409277160
319727215138116245
426336290184155330
532945365230193415
639554440276232500
746163515322271585
852672590368309670
959281665414348755
1065890740460387840

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%40.00.00.0100.0%59.01.00.098.3%
Book Value Change Per Share2.02.00.050.0%8.04.00.066.7%12.08.00.060.0%27.013.00.067.5%37.020.03.061.7%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%38.00.02.095.0%51.00.09.085.0%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%16.04.00.080.0%34.06.00.085.0%47.010.03.078.3%

Fundamentals of Skf

About AB SKF (publ)

AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products. It also provides application engineering services consisting of technical consultancy, numerical simulation and design, and root cause analysis; asset management services, such as assessment and benchmarking, maintenance strategy review, spare parts and inventory management, and lubrication management; condition-based maintenance, including vibration analysis and diagnostics, thermography, lubrication analysis, and condition monitoring system installation; mechanical maintenance comprising mounting and dismounting, precision alignment, and balancing; remanufacturing and customization; and training solutions, which include instructor-led training, e-learning courses, and webinar recordings. The company serves the aerospace, agriculture, automotive, construction, food and beverage, general machinery, machine tools, marine, material handling, metals, mining, mineral processing, ocean energy, pulp and paper, railways, and wind industries. AB SKF (publ) was incorporated in 1907 and is headquartered in Gothenburg, Sweden.

Fundamental data was last updated by Penke on 2024-03-13 01:02:07.

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

1.1. Profitability of AB SKF (publ).

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Skf to the Tools & Accessories industry mean.
  • A Net Profit Margin of 2.6% means that kr0.03 for each kr1 in revenue is generated as profit.

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

  • The MRQ is 2.6%. The company is making a profit. +1
  • The TTM is 6.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.6%TTM6.1%-3.5%
TTM6.1%YOY4.7%+1.4%
TTM6.1%5Y6.4%-0.3%
5Y6.4%10Y6.4%-0.1%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6%5.8%-3.2%
TTM6.1%6.2%-0.1%
YOY4.7%8.1%-3.4%
5Y6.4%6.9%-0.5%
10Y6.4%7.6%-1.2%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Skf to the Tools & Accessories industry mean.
  • 0.6% Return on Assets means that Skf generated kr0.01 profit for each $1 in assets.

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

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.6%TTM1.4%-0.8%
TTM1.4%YOY1.0%+0.3%
TTM1.4%5Y1.4%+0.0%
5Y1.4%10Y1.5%-0.1%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%1.3%-0.7%
TTM1.4%1.5%-0.1%
YOY1.0%1.5%-0.5%
5Y1.4%1.5%-0.1%
10Y1.5%1.5%0.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Skf to the Tools & Accessories industry mean.
  • 1.2% Return on Equity means Skf generated kr0.01 for each kr1 the owners (shareholders) invested.

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

  • The MRQ is 1.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM3.0%-1.8%
TTM3.0%YOY2.3%+0.7%
TTM3.0%5Y3.4%-0.4%
5Y3.4%10Y4.1%-0.7%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%2.3%-1.1%
TTM3.0%2.6%+0.4%
YOY2.3%3.0%-0.7%
5Y3.4%2.9%+0.5%
10Y4.1%2.9%+1.2%

1.2. Operating Efficiency of AB SKF (publ).

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Skf is operating .

  • Measures how much profit Skf 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 Skf to the Tools & Accessories industry mean.
  • An Operating Margin of 9.7% means the company generated kr0.10  for each kr1 in revenue (before taxes).

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

  • The MRQ is 9.7%. The company is operating less efficient.
  • The TTM is 11.1%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ9.7%TTM11.1%-1.3%
TTM11.1%YOY8.0%+3.1%
TTM11.1%5Y9.7%+1.3%
5Y9.7%10Y9.5%+0.2%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ9.7%8.8%+0.9%
TTM11.1%4.6%+6.5%
YOY8.0%8.9%-0.9%
5Y9.7%9.1%+0.6%
10Y9.5%8.0%+1.5%
1.2.2. Operating Ratio

Measures how efficient Skf is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Tools & Accessories industry mean).
  • An Operation Ratio of 0.90 means that the operating costs are kr0.90 for each kr1 in net sales.

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

  • The MRQ is 0.903. The company is less efficient in keeping operating costs low.
  • The TTM is 0.889. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.903TTM0.889+0.013
TTM0.889YOY0.903-0.014
TTM0.8895Y0.893-0.004
5Y0.89310Y0.894-0.001
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9031.559-0.656
TTM0.8891.555-0.666
YOY0.9031.524-0.621
5Y0.8931.533-0.640
10Y0.8941.270-0.376

1.3. Liquidity of AB SKF (publ).

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Tools & Accessories industry mean).
  • A Current Ratio of 2.17 means the company has kr2.17 in assets for each kr1 in short-term debts.

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

  • The MRQ is 2.170. The company is able to pay all its short-term debts. +1
  • The TTM is 2.202. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.170TTM2.202-0.032
TTM2.202YOY2.194+0.008
TTM2.2025Y2.196+0.006
5Y2.19610Y2.262-0.066
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1702.171-0.001
TTM2.2022.218-0.016
YOY2.1942.021+0.173
5Y2.1962.196+0.000
10Y2.2621.953+0.309
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Skf to the Tools & Accessories industry mean.
  • A Quick Ratio of 1.29 means the company can pay off kr1.29 for each kr1 in debt (using most liquid assets).

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

  • The MRQ is 1.291. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.398. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.291TTM1.398-0.107
TTM1.398YOY1.310+0.088
TTM1.3985Y1.550-0.153
5Y1.55010Y1.346+0.204
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2910.855+0.436
TTM1.3980.847+0.551
YOY1.3100.829+0.481
5Y1.5500.971+0.579
10Y1.3460.953+0.393

1.4. Solvency of AB SKF (publ).

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Skf to Tools & Accessories industry mean.
  • A Debt to Asset Ratio of 0.51 means that Skf assets are financed with 50.9% credit (debt) and the remaining percentage (100% - 50.9%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.509. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.511. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.509TTM0.511-0.003
TTM0.511YOY0.524-0.013
TTM0.5115Y0.566-0.054
5Y0.56610Y0.615-0.050
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5090.429+0.080
TTM0.5110.442+0.069
YOY0.5240.452+0.072
5Y0.5660.429+0.137
10Y0.6150.418+0.197
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Skf to the Tools & Accessories industry mean.
  • A Debt to Equity ratio of 108.0% means that company has kr1.08 debt for each kr1 in shareholders equity.

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

  • The MRQ is 1.080. The company is able to pay all its debts with equity. +1
  • The TTM is 1.092. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.080TTM1.092-0.012
TTM1.092YOY1.148-0.057
TTM1.0925Y1.385-0.294
5Y1.38510Y1.764-0.379
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0800.784+0.296
TTM1.0920.821+0.271
YOY1.1480.834+0.314
5Y1.3850.796+0.589
10Y1.7640.808+0.956

2. Market Valuation of AB SKF (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 Skf generates.

  • Above 15 is considered overpriced but always compare Skf to the Tools & Accessories industry mean.
  • A PE ratio of 37.03 means the investor is paying kr37.03 for every kr1 in earnings.

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

  • The EOD is 39.861. Based on the earnings, the company is overpriced. -1
  • The MRQ is 37.034. Based on the earnings, the company is overpriced. -1
  • The TTM is 17.799. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD39.861MRQ37.034+2.828
MRQ37.034TTM17.799+19.235
TTM17.799YOY21.833-4.034
TTM17.7995Y18.832-1.034
5Y18.83210Y18.040+0.792
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD39.86117.378+22.483
MRQ37.03416.205+20.829
TTM17.79915.914+1.885
YOY21.83316.932+4.901
5Y18.83221.566-2.734
10Y18.04023.040-5.000
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 10.078. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 9.363. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 11.901. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD10.078MRQ9.363+0.715
MRQ9.363TTM11.901-2.537
TTM11.901YOY-57.064+68.964
TTM11.9015Y6.422+5.478
5Y6.42210Y52.813-46.391
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD10.0787.599+2.479
MRQ9.3638.212+1.151
TTM11.9016.512+5.389
YOY-57.0643.403-60.467
5Y6.4224.131+2.291
10Y52.8133.114+49.699
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Tools & Accessories industry mean).
  • A PB ratio of 1.68 means the investor is paying kr1.68 for each kr1 in book value.

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

  • The EOD is 1.810. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.682. Based on the equity, the company is underpriced. +1
  • The TTM is 1.581. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.810MRQ1.682+0.128
MRQ1.682TTM1.581+0.101
TTM1.581YOY1.478+0.103
TTM1.5815Y1.956-0.374
5Y1.95610Y2.380-0.424
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD1.8101.822-0.012
MRQ1.6821.886-0.204
TTM1.5811.825-0.244
YOY1.4781.813-0.335
5Y1.9562.003-0.047
10Y2.3802.453-0.073
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of AB SKF (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---7.0760.501-1512%4.764-249%2.142-430%1.856-481%
Book Value Per Share--120.689123.114-2%113.701+6%98.236+23%79.174+52%
Current Ratio--2.1702.202-1%2.194-1%2.196-1%2.262-4%
Debt To Asset Ratio--0.5090.5110%0.524-3%0.566-10%0.615-17%
Debt To Equity Ratio--1.0801.092-1%1.148-6%1.385-22%1.764-39%
Dividend Per Share--0.2923.646-92%1.784-84%2.550-89%2.136-86%
Eps--1.3703.512-61%2.454-44%3.079-55%2.924-53%
Free Cash Flow Per Share--5.4204.411+23%0.207+2519%2.232+143%2.287+137%
Free Cash Flow To Equity Per Share--4.7741.934+147%-1.660+135%0.285+1572%-0.033+101%
Gross Profit Margin---16.535-3.384-80%-2.181-87%-0.751-95%0.125-13370%
Intrinsic Value_10Y_max--148.894--------
Intrinsic Value_10Y_min--69.565--------
Intrinsic Value_1Y_max--9.997--------
Intrinsic Value_1Y_min--7.165--------
Intrinsic Value_3Y_max--33.788--------
Intrinsic Value_3Y_min--21.488--------
Intrinsic Value_5Y_max--62.104--------
Intrinsic Value_5Y_min--35.656--------
Market Cap6403557650.000-1344%92436266804.00088395026075.500+5%75929790589.000+22%84756602958.800+9%80061035211.275+15%
Net Profit Margin--0.0260.061-58%0.047-45%0.064-60%0.064-60%
Operating Margin--0.0970.111-12%0.080+22%0.097+0%0.095+2%
Operating Ratio--0.9030.889+1%0.9030%0.893+1%0.894+1%
Pb Ratio1.810+7%1.6821.581+6%1.478+14%1.956-14%2.380-29%
Pe Ratio39.861+7%37.03417.799+108%21.833+70%18.832+97%18.040+105%
Price Per Share218.500+7%203.000194.125+5%166.750+22%186.085+9%175.778+15%
Price To Free Cash Flow Ratio10.078+7%9.36311.901-21%-57.064+709%6.422+46%52.813-82%
Price To Total Gains Ratio-32.209-8%-29.92435.580-184%-1.604-95%29.646-201%39.232-176%
Quick Ratio--1.2911.398-8%1.310-1%1.550-17%1.346-4%
Return On Assets--0.0060.014-60%0.010-47%0.014-60%0.015-62%
Return On Equity--0.0120.030-60%0.023-49%0.034-65%0.041-71%
Total Gains Per Share---6.7844.147-264%6.548-204%4.692-245%3.992-270%
Usd Book Value--5165864000.0005269663500.000-2%4866732500.000+6%4205799700.000+23%3389731650.000+52%
Usd Book Value Change Per Share---0.6650.047-1512%0.448-249%0.201-430%0.174-481%
Usd Book Value Per Share--11.34511.573-2%10.688+6%9.234+23%7.442+52%
Usd Dividend Per Share--0.0270.343-92%0.168-84%0.240-89%0.201-86%
Usd Eps--0.1290.330-61%0.231-44%0.289-55%0.275-53%
Usd Free Cash Flow--231992000.000188799000.000+23%8859500.000+2519%95551000.000+143%97910400.000+137%
Usd Free Cash Flow Per Share--0.5090.415+23%0.019+2519%0.210+143%0.215+137%
Usd Free Cash Flow To Equity Per Share--0.4490.182+147%-0.156+135%0.027+1572%-0.003+101%
Usd Market Cap601934419.100-1344%8689009079.5768309132451.097+5%7137400315.366+22%7967120678.127+9%7525737309.860+15%
Usd Price Per Share20.539+7%19.08218.248+5%15.675+22%17.492+9%16.523+15%
Usd Profit--58656000.000150306000.000-61%105021500.000-44%131839700.000-56%125200950.000-53%
Usd Revenue--2297172000.0002441203500.000-6%2277925500.000+1%2084031700.000+10%1943029350.000+18%
Usd Total Gains Per Share---0.6380.390-264%0.616-204%0.441-245%0.375-270%
 EOD+1 -7MRQTTM+11 -25YOY+16 -205Y+16 -2010Y+17 -19

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1539.861
Price to Book Ratio (EOD)Between0-11.810
Net Profit Margin (MRQ)Greater than00.026
Operating Margin (MRQ)Greater than00.097
Quick Ratio (MRQ)Greater than11.291
Current Ratio (MRQ)Greater than12.170
Debt to Asset Ratio (MRQ)Less than10.509
Debt to Equity Ratio (MRQ)Less than11.080
Return on Equity (MRQ)Greater than0.150.012
Return on Assets (MRQ)Greater than0.050.006
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.406
Ma 20Greater thanMa 50228.275
Ma 50Greater thanMa 100217.812
Ma 100Greater thanMa 200207.299
OpenGreater thanClose222.000
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Selling General Administrative  8,043,000-5,102,0002,941,000136,0003,077,000-157,0002,920,000-11,252,000-8,332,000



Latest Balance Sheet

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

Summary
Total Assets111,903,000
Total Liabilities56,947,000
Total Stockholder Equity52,743,000
 As reported
Total Liabilities 56,947,000
Total Stockholder Equity+ 52,743,000
Total Assets = 111,903,000

Assets

Total Assets111,903,000
Total Current Assets59,917,000
Long-term Assets51,986,000
Total Current Assets
Cash And Cash Equivalents 13,311,000
Short-term Investments 339,000
Net Receivables 21,655,000
Inventory 23,661,000
Other Current Assets 951,000
Total Current Assets  (as reported)59,917,000
Total Current Assets  (calculated)59,917,000
+/-0
Long-term Assets
Property Plant Equipment 29,781,000
Goodwill 11,962,000
Intangible Assets 5,045,000
Long-term Assets Other 454,000
Long-term Assets  (as reported)51,986,000
Long-term Assets  (calculated)47,242,000
+/- 4,744,000

Liabilities & Shareholders' Equity

Total Current Liabilities27,614,000
Long-term Liabilities29,333,000
Total Stockholder Equity52,743,000
Total Current Liabilities
Short-term Debt 3,800,000
Short Long Term Debt 3,171,000
Accounts payable 11,236,000
Other Current Liabilities 11,776,000
Total Current Liabilities  (as reported)27,614,000
Total Current Liabilities  (calculated)29,983,000
+/- 2,369,000
Long-term Liabilities
Long term Debt 15,325,000
Capital Lease Obligations 2,836,000
Long-term Liabilities Other 83,000
Long-term Liabilities  (as reported)29,333,000
Long-term Liabilities  (calculated)18,244,000
+/- 11,089,000
Total Stockholder Equity
Common Stock1,138,000
Retained Earnings 48,833,000
Accumulated Other Comprehensive Income 2,208,000
Other Stockholders Equity 564,000
Total Stockholder Equity (as reported)52,743,000
Total Stockholder Equity (calculated)52,743,000
+/-0
Other
Capital Stock1,138,000
Cash and Short Term Investments 13,650,000
Common Stock Shares Outstanding 455,351
Current Deferred Revenue802,000
Liabilities and Stockholders Equity 111,903,000
Net Debt 8,383,000
Net Invested Capital 71,239,000
Net Working Capital 32,303,000
Property Plant and Equipment Gross 71,399,000
Short Long Term Debt Total 21,694,000



Balance Sheet

Currency in SEK. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-31
> Total Assets 
0
0
0
51,015,000
51,023,000
50,791,000
49,609,000
55,224,000
55,653,000
57,052,000
61,498,000
59,374,000
60,277,000
59,874,000
62,816,000
60,757,000
62,714,000
64,073,000
63,154,000
70,991,000
73,101,000
74,038,000
77,500,000
81,639,000
86,889,000
80,760,000
80,999,000
79,733,000
80,755,000
80,339,000
81,370,000
83,907,000
85,694,000
79,799,000
78,475,000
81,203,000
86,268,000
85,812,000
85,480,000
87,173,000
94,995,000
94,839,000
96,826,000
94,108,000
100,891,000
94,463,000
95,990,000
90,557,000
95,997,000
94,959,000
97,569,000
99,628,000
101,251,000
107,110,000
115,723,000
110,923,000
111,662,000
118,395,000
116,917,000
111,903,000
111,903,000116,917,000118,395,000111,662,000110,923,000115,723,000107,110,000101,251,00099,628,00097,569,00094,959,00095,997,00090,557,00095,990,00094,463,000100,891,00094,108,00096,826,00094,839,00094,995,00087,173,00085,480,00085,812,00086,268,00081,203,00078,475,00079,799,00085,694,00083,907,00081,370,00080,339,00080,755,00079,733,00080,999,00080,760,00086,889,00081,639,00077,500,00074,038,00073,101,00070,991,00063,154,00064,073,00062,714,00060,757,00062,816,00059,874,00060,277,00059,374,00061,498,00057,052,00055,653,00055,224,00049,609,00050,791,00051,023,00051,015,000000
   > Total Current Assets 
0
0
0
29,901,000
30,545,000
29,905,000
30,322,000
28,723,000
30,633,000
31,749,000
34,388,000
33,348,000
34,864,000
33,573,000
37,118,000
34,848,000
35,811,000
36,488,000
36,195,000
34,582,000
36,588,000
35,826,000
36,961,000
38,807,000
41,145,000
38,413,000
38,807,000
38,153,000
39,625,000
41,024,000
41,251,000
43,099,000
45,066,000
41,141,000
40,620,000
42,821,000
46,703,000
45,484,000
45,833,000
47,236,000
50,509,000
49,362,000
49,420,000
47,844,000
52,212,000
48,441,000
49,977,000
46,898,000
51,292,000
50,530,000
52,240,000
53,789,000
54,704,000
57,982,000
63,907,000
59,795,000
59,570,000
63,714,000
62,739,000
59,917,000
59,917,00062,739,00063,714,00059,570,00059,795,00063,907,00057,982,00054,704,00053,789,00052,240,00050,530,00051,292,00046,898,00049,977,00048,441,00052,212,00047,844,00049,420,00049,362,00050,509,00047,236,00045,833,00045,484,00046,703,00042,821,00040,620,00041,141,00045,066,00043,099,00041,251,00041,024,00039,625,00038,153,00038,807,00038,413,00041,145,00038,807,00036,961,00035,826,00036,588,00034,582,00036,195,00036,488,00035,811,00034,848,00037,118,00033,573,00034,864,00033,348,00034,388,00031,749,00030,633,00028,723,00030,322,00029,905,00030,545,00029,901,000000
       Cash And Cash Equivalents 
0
0
0
4,430,000
0
0
0
2,395,000
0
0
0
4,825,000
0
0
0
8,244,000
0
0
0
5,369,000
0
0
0
5,920,000
0
0
0
7,218,000
0
0
0
9,939,000
0
0
0
7,112,000
0
4,594,000
0
10,390,000
0
0
0
6,430,000
0
0
0
14,050,000
0
0
0
13,219,000
0
0
0
10,255,000
7,954,000
9,878,000
11,589,000
13,311,000
13,311,00011,589,0009,878,0007,954,00010,255,00000013,219,00000014,050,0000006,430,00000010,390,00004,594,00007,112,0000009,939,0000007,218,0000005,920,0000005,369,0000008,244,0000004,825,0000002,395,0000004,430,000000
       Short-term Investments 
0
0
0
1,310,000
0
3,855,000
5,790,000
751,000
3,922,000
3,120,000
4,718,000
512,000
6,113,000
4,167,000
9,507,000
813,000
8,008,000
7,499,000
8,683,000
832,000
6,795,000
4,478,000
5,385,000
1,521,000
7,131,000
5,061,000
7,001,000
1,282,000
8,778,000
9,511,000
9,546,000
1,147,000
10,883,000
7,024,000
6,938,000
1,507,000
9,235,000
6,260,000
8,036,000
1,266,000
12,168,000
10,675,000
10,664,000
4,811,000
13,255,000
13,409,000
15,575,000
587,000
15,023,000
12,229,000
13,583,000
438,000
8,991,000
8,737,000
12,801,000
969,000
8,916,000
10,731,000
12,213,000
339,000
339,00012,213,00010,731,0008,916,000969,00012,801,0008,737,0008,991,000438,00013,583,00012,229,00015,023,000587,00015,575,00013,409,00013,255,0004,811,00010,664,00010,675,00012,168,0001,266,0008,036,0006,260,0009,235,0001,507,0006,938,0007,024,00010,883,0001,147,0009,546,0009,511,0008,778,0001,282,0007,001,0005,061,0007,131,0001,521,0005,385,0004,478,0006,795,000832,0008,683,0007,499,0008,008,000813,0009,507,0004,167,0006,113,000512,0004,718,0003,120,0003,922,000751,0005,790,0003,855,00001,310,000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,992,000
14,577,000
14,153,000
13,516,000
16,512,000
15,079,000
15,150,000
14,344,000
17,126,000
15,637,000
15,589,000
15,079,000
17,896,000
14,879,000
12,359,000
13,084,000
15,919,000
14,793,000
15,064,000
13,895,000
18,379,000
16,487,000
17,529,000
17,996,000
16,905,000
18,704,000
19,726,000
18,560,000
21,655,000
21,655,00018,560,00019,726,00018,704,00016,905,00017,996,00017,529,00016,487,00018,379,00013,895,00015,064,00014,793,00015,919,00013,084,00012,359,00014,879,00017,896,00015,079,00015,589,00015,637,00017,126,00014,344,00015,150,00015,079,00016,512,00013,516,00014,153,00014,577,00015,992,0000000000000000000000000000000000
       Other Current Assets 
0
0
0
12,390,000
18,839,000
13,328,000
12,501,000
12,698,000
13,982,000
14,688,000
14,938,000
13,820,000
15,150,000
15,642,000
14,456,000
12,935,000
15,046,000
15,625,000
14,252,000
14,681,000
15,746,000
16,579,000
16,487,000
16,300,000
17,797,000
17,413,000
16,205,000
15,134,000
16,128,000
16,367,000
16,538,000
16,595,000
18,139,000
17,698,000
17,036,000
17,080,000
19,067,000
20,590,000
19,813,000
17,754,000
19,517,000
19,887,000
19,603,000
18,552,000
19,504,000
16,979,000
17,649,000
16,528,000
19,330,000
19,908,000
19,210,000
19,135,000
22,359,000
5,831,000
6,341,000
22,519,000
5,820,000
6,443,000
6,621,000
951,000
951,0006,621,0006,443,0005,820,00022,519,0006,341,0005,831,00022,359,00019,135,00019,210,00019,908,00019,330,00016,528,00017,649,00016,979,00019,504,00018,552,00019,603,00019,887,00019,517,00017,754,00019,813,00020,590,00019,067,00017,080,00017,036,00017,698,00018,139,00016,595,00016,538,00016,367,00016,128,00015,134,00016,205,00017,413,00017,797,00016,300,00016,487,00016,579,00015,746,00014,681,00014,252,00015,625,00015,046,00012,935,00014,456,00015,642,00015,150,00013,820,00014,938,00014,688,00013,982,00012,698,00012,501,00013,328,00018,839,00012,390,000000
   > Long-term Assets 
0
0
0
21,114,000
20,478,000
20,886,000
19,287,000
26,501,000
25,020,000
25,303,000
27,110,000
26,026,000
25,413,000
26,301,000
25,698,000
25,909,000
26,903,000
27,585,000
26,959,000
36,409,000
36,513,000
38,212,000
40,539,000
42,832,000
45,744,000
42,347,000
42,192,000
41,580,000
41,130,000
39,315,000
40,119,000
40,808,000
40,628,000
38,658,000
37,855,000
38,382,000
39,565,000
40,328,000
39,647,000
39,937,000
44,486,000
45,477,000
47,406,000
46,264,000
48,679,000
46,022,000
46,013,000
43,659,000
44,705,000
44,429,000
45,329,000
45,839,000
46,547,000
49,128,000
51,816,000
51,128,000
52,092,000
54,681,000
54,178,000
51,986,000
51,986,00054,178,00054,681,00052,092,00051,128,00051,816,00049,128,00046,547,00045,839,00045,329,00044,429,00044,705,00043,659,00046,013,00046,022,00048,679,00046,264,00047,406,00045,477,00044,486,00039,937,00039,647,00040,328,00039,565,00038,382,00037,855,00038,658,00040,628,00040,808,00040,119,00039,315,00041,130,00041,580,00042,192,00042,347,00045,744,00042,832,00040,539,00038,212,00036,513,00036,409,00026,959,00027,585,00026,903,00025,909,00025,698,00026,301,00025,413,00026,026,00027,110,00025,303,00025,020,00026,501,00019,287,00020,886,00020,478,00021,114,000000
       Property Plant Equipment 
0
0
0
13,933,000
13,540,000
13,717,000
12,777,000
12,922,000
12,432,000
12,718,000
13,122,000
13,076,000
12,855,000
13,046,000
18,655,000
13,086,000
12,866,000
13,173,000
12,818,000
14,095,000
13,941,000
14,341,000
14,877,000
15,482,000
16,025,000
15,577,000
15,598,000
15,303,000
15,123,000
15,262,000
15,450,000
15,746,000
17,650,000
15,486,000
15,280,000
15,762,000
16,424,000
16,459,000
16,247,000
16,688,000
20,369,000
22,602,000
21,351,000
21,411,000
22,642,000
21,502,000
21,444,000
20,678,000
21,682,000
21,842,000
22,545,000
23,384,000
24,191,000
26,016,000
27,416,000
27,981,000
28,964,000
30,906,000
30,809,000
29,781,000
29,781,00030,809,00030,906,00028,964,00027,981,00027,416,00026,016,00024,191,00023,384,00022,545,00021,842,00021,682,00020,678,00021,444,00021,502,00022,642,00021,411,00021,351,00022,602,00020,369,00016,688,00016,247,00016,459,00016,424,00015,762,00015,280,00015,486,00017,650,00015,746,00015,450,00015,262,00015,123,00015,303,00015,598,00015,577,00016,025,00015,482,00014,877,00014,341,00013,941,00014,095,00012,818,00013,173,00012,866,00013,086,00018,655,00013,046,00012,855,00013,076,00013,122,00012,718,00012,432,00012,922,00012,777,00013,717,00013,540,00013,933,000000
       Goodwill 
0
0
0
2,759,000
2,676,000
2,685,000
2,400,000
6,309,000
5,913,000
5,833,000
6,270,000
5,992,000
5,817,000
5,967,000
0
5,720,000
6,162,000
6,403,000
6,231,000
10,717,000
10,682,000
11,075,000
11,685,000
12,233,000
13,160,000
12,114,000
12,266,000
12,078,000
11,879,000
10,561,000
10,726,000
11,137,000
10,999,000
10,120,000
9,806,000
9,995,000
10,271,000
10,683,000
10,483,000
10,347,000
10,646,000
10,982,000
11,445,000
11,251,000
12,050,000
11,260,000
10,995,000
10,117,000
10,611,000
10,415,000
10,699,000
10,924,000
11,124,000
11,997,000
12,749,000
12,351,000
12,330,000
12,855,000
12,766,000
11,962,000
11,962,00012,766,00012,855,00012,330,00012,351,00012,749,00011,997,00011,124,00010,924,00010,699,00010,415,00010,611,00010,117,00010,995,00011,260,00012,050,00011,251,00011,445,00010,982,00010,646,00010,347,00010,483,00010,683,00010,271,0009,995,0009,806,00010,120,00010,999,00011,137,00010,726,00010,561,00011,879,00012,078,00012,266,00012,114,00013,160,00012,233,00011,685,00011,075,00010,682,00010,717,0006,231,0006,403,0006,162,0005,720,00005,967,0005,817,0005,992,0006,270,0005,833,0005,913,0006,309,0002,400,0002,685,0002,676,0002,759,000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,345,000
0
0
0
1,187,000
0
0
0
1,155,000
0
0
0
1,281,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,281,0000001,155,0000001,187,0000001,345,0000000000000000000000000000000000
       Intangible Assets 
0
0
0
1,255,000
1,198,000
1,177,000
1,065,000
4,164,000
3,839,000
3,919,000
4,230,000
4,165,000
3,981,000
4,076,000
4,013,000
4,080,000
4,559,000
4,770,000
4,656,000
8,306,000
8,354,000
8,700,000
9,222,000
9,905,000
10,485,000
9,747,000
9,622,000
9,407,000
9,035,000
8,125,000
8,229,000
8,431,000
8,216,000
7,599,000
7,324,000
7,365,000
7,409,000
7,666,000
7,511,000
7,375,000
7,406,000
7,396,000
7,522,000
7,146,000
7,425,000
6,868,000
6,568,000
6,125,000
6,256,000
6,017,000
6,033,000
6,018,000
6,060,000
6,334,000
6,636,000
5,842,000
5,664,000
5,769,000
5,526,000
5,045,000
5,045,0005,526,0005,769,0005,664,0005,842,0006,636,0006,334,0006,060,0006,018,0006,033,0006,017,0006,256,0006,125,0006,568,0006,868,0007,425,0007,146,0007,522,0007,396,0007,406,0007,375,0007,511,0007,666,0007,409,0007,365,0007,324,0007,599,0008,216,0008,431,0008,229,0008,125,0009,035,0009,407,0009,622,0009,747,00010,485,0009,905,0009,222,0008,700,0008,354,0008,306,0004,656,0004,770,0004,559,0004,080,0004,013,0004,076,0003,981,0004,165,0004,230,0003,919,0003,839,0004,164,0001,065,0001,177,0001,198,0001,255,000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,285,000
5,570,000
5,453,000
5,445,000
4,202,000
5,461,000
5,520,000
5,406,000
4,503,000
6,065,000
6,570,000
7,088,000
5,319,000
6,562,000
6,392,000
7,006,000
5,602,000
6,156,000
6,155,000
6,052,000
4,464,000
5,172,000
4,781,000
5,015,000
3,730,000
5,134,000
5,151,000
5,077,000
0
05,077,0005,151,0005,134,0003,730,0005,015,0004,781,0005,172,0004,464,0006,052,0006,155,0006,156,0005,602,0007,006,0006,392,0006,562,0005,319,0007,088,0006,570,0006,065,0004,503,0005,406,0005,520,0005,461,0004,202,0005,445,0005,453,0005,570,0004,285,0000000000000000000000000000000000
> Total Liabilities 
0
0
0
32,735,000
32,561,000
32,515,000
31,758,000
35,330,000
35,077,000
36,651,000
39,778,000
36,919,000
36,718,000
38,526,000
41,633,000
38,289,000
40,067,000
41,768,000
40,160,000
49,839,000
51,264,000
52,678,000
54,523,000
57,235,000
60,925,000
54,723,000
55,264,000
53,451,000
54,760,000
56,623,000
56,060,000
56,224,000
56,118,000
52,426,000
50,602,000
51,380,000
53,304,000
52,566,000
51,499,000
51,721,000
57,490,000
59,179,000
60,196,000
56,742,000
61,168,000
57,867,000
59,431,000
54,845,000
55,283,000
55,451,000
55,392,000
54,263,000
55,029,000
55,536,000
60,467,000
56,880,000
58,202,000
60,748,000
58,739,000
56,947,000
56,947,00058,739,00060,748,00058,202,00056,880,00060,467,00055,536,00055,029,00054,263,00055,392,00055,451,00055,283,00054,845,00059,431,00057,867,00061,168,00056,742,00060,196,00059,179,00057,490,00051,721,00051,499,00052,566,00053,304,00051,380,00050,602,00052,426,00056,118,00056,224,00056,060,00056,623,00054,760,00053,451,00055,264,00054,723,00060,925,00057,235,00054,523,00052,678,00051,264,00049,839,00040,160,00041,768,00040,067,00038,289,00041,633,00038,526,00036,718,00036,919,00039,778,00036,651,00035,077,00035,330,00031,758,00032,515,00032,561,00032,735,000000
   > Total Current Liabilities 
0
0
0
14,375,000
14,705,000
14,608,000
14,268,000
13,633,000
13,831,000
14,119,000
14,573,000
13,245,000
13,708,000
14,242,000
13,603,000
13,903,000
16,478,000
16,852,000
16,128,000
16,741,000
16,010,000
16,252,000
17,604,000
17,979,000
17,435,000
16,142,000
16,012,000
15,331,000
15,715,000
15,331,000
16,948,000
17,378,000
17,372,000
18,194,000
17,500,000
20,519,000
21,553,000
20,229,000
21,871,000
20,887,000
22,890,000
23,619,000
22,002,000
23,140,000
24,826,000
23,798,000
24,521,000
21,644,000
20,941,000
21,726,000
21,611,000
24,525,000
26,453,000
28,381,000
28,810,000
24,440,000
25,726,000
29,989,000
28,538,000
27,614,000
27,614,00028,538,00029,989,00025,726,00024,440,00028,810,00028,381,00026,453,00024,525,00021,611,00021,726,00020,941,00021,644,00024,521,00023,798,00024,826,00023,140,00022,002,00023,619,00022,890,00020,887,00021,871,00020,229,00021,553,00020,519,00017,500,00018,194,00017,372,00017,378,00016,948,00015,331,00015,715,00015,331,00016,012,00016,142,00017,435,00017,979,00017,604,00016,252,00016,010,00016,741,00016,128,00016,852,00016,478,00013,903,00013,603,00014,242,00013,708,00013,245,00014,573,00014,119,00013,831,00013,633,00014,268,00014,608,00014,705,00014,375,000000
       Short-term Debt 
0
0
0
2,018,000
0
1,420,000
1,293,000
0
1,231,000
664,000
819,000
0
813,000
966,000
0
2,543,000
3,950,000
3,948,000
3,745,000
1,200,000
513,000
2,348,000
3,730,000
1,212,000
1,769,000
660,000
1,318,000
1,135,000
1,290,000
307,000
1,306,000
1,233,000
312,000
667,000
410,000
2,433,000
2,768,000
410,000
2,782,000
2,175,000
0
3,099,000
1,127,000
3,062,000
3,820,000
6,098,000
0
2,735,000
0
0
0
3,757,000
0
0
0
805,000
821,000
3,965,000
4,272,000
3,800,000
3,800,0004,272,0003,965,000821,000805,0000003,757,0000002,735,00006,098,0003,820,0003,062,0001,127,0003,099,00002,175,0002,782,000410,0002,768,0002,433,000410,000667,000312,0001,233,0001,306,000307,0001,290,0001,135,0001,318,000660,0001,769,0001,212,0003,730,0002,348,000513,0001,200,0003,745,0003,948,0003,950,0002,543,0000966,000813,0000819,000664,0001,231,00001,293,0001,420,00002,018,000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23,650,000
22,935,000
18,800,000
18,120,000
2,625,000
19,028,000
17,339,000
0
132,000
0
3,099,000
1,127,000
2,378,000
3,820,000
6,098,000
0
2,174,000
0
0
0
3,178,000
0
0
0
170,000
0
0
0
3,171,000
3,171,000000170,0000003,178,0000002,174,00006,098,0003,820,0002,378,0001,127,0003,099,0000132,000017,339,00019,028,0002,625,00018,120,00018,800,00022,935,00023,650,0000000000000000000000000000000000
       Accounts payable 
0
0
0
3,989,000
4,206,000
4,802,000
4,551,000
4,476,000
5,047,000
5,199,000
5,123,000
4,698,000
4,750,000
4,915,000
4,535,000
4,189,000
4,571,000
5,039,000
4,607,000
4,740,000
4,983,000
5,716,000
5,491,000
5,938,000
6,963,000
6,552,000
5,927,000
5,671,000
6,173,000
6,507,000
6,482,000
7,100,000
7,568,000
7,827,000
7,488,000
7,899,000
8,463,000
8,472,000
7,935,000
7,831,000
8,498,000
8,453,000
8,539,000
8,266,000
9,271,000
6,696,000
7,875,000
8,459,000
9,190,000
9,271,000
8,882,000
9,881,000
10,765,000
12,090,000
11,847,000
11,594,000
12,259,000
12,483,000
11,195,000
11,236,000
11,236,00011,195,00012,483,00012,259,00011,594,00011,847,00012,090,00010,765,0009,881,0008,882,0009,271,0009,190,0008,459,0007,875,0006,696,0009,271,0008,266,0008,539,0008,453,0008,498,0007,831,0007,935,0008,472,0008,463,0007,899,0007,488,0007,827,0007,568,0007,100,0006,482,0006,507,0006,173,0005,671,0005,927,0006,552,0006,963,0005,938,0005,491,0005,716,0004,983,0004,740,0004,607,0005,039,0004,571,0004,189,0004,535,0004,915,0004,750,0004,698,0005,123,0005,199,0005,047,0004,476,0004,551,0004,802,0004,206,0003,989,000000
       Other Current Liabilities 
0
0
0
8,368,000
10,499,000
8,386,000
8,424,000
9,157,000
7,553,000
8,256,000
8,631,000
8,547,000
8,145,000
8,361,000
9,068,000
7,171,000
7,957,000
7,865,000
7,776,000
10,801,000
10,514,000
8,188,000
8,383,000
10,829,000
8,703,000
8,930,000
8,767,000
8,525,000
8,252,000
8,517,000
9,160,000
9,045,000
9,492,000
9,700,000
9,602,000
10,187,000
10,322,000
11,347,000
11,154,000
10,881,000
14,392,000
12,067,000
12,336,000
11,812,000
11,735,000
11,004,000
16,646,000
10,450,000
11,751,000
12,455,000
12,729,000
9,275,000
15,688,000
16,291,000
16,963,000
12,041,000
13,467,000
17,506,000
17,343,000
11,776,000
11,776,00017,343,00017,506,00013,467,00012,041,00016,963,00016,291,00015,688,0009,275,00012,729,00012,455,00011,751,00010,450,00016,646,00011,004,00011,735,00011,812,00012,336,00012,067,00014,392,00010,881,00011,154,00011,347,00010,322,00010,187,0009,602,0009,700,0009,492,0009,045,0009,160,0008,517,0008,252,0008,525,0008,767,0008,930,0008,703,00010,829,0008,383,0008,188,00010,514,00010,801,0007,776,0007,865,0007,957,0007,171,0009,068,0008,361,0008,145,0008,547,0008,631,0008,256,0007,553,0009,157,0008,424,0008,386,00010,499,0008,368,000000
   > Long-term Liabilities 
0
0
0
18,360,000
17,856,000
17,907,000
17,490,000
21,697,000
21,246,000
22,532,000
25,205,000
23,674,000
23,010,000
24,284,000
28,030,000
24,386,000
23,589,000
24,916,000
24,032,000
33,098,000
35,254,000
36,426,000
36,919,000
39,256,000
43,490,000
38,581,000
39,252,000
38,120,000
39,045,000
41,292,000
39,112,000
38,846,000
38,746,000
34,232,000
33,102,000
30,861,000
31,751,000
32,337,000
29,628,000
30,834,000
34,600,000
35,560,000
38,194,000
33,602,000
36,342,000
34,069,000
34,910,000
33,201,000
34,342,000
33,725,000
33,781,000
29,738,000
28,576,000
27,155,000
31,657,000
32,440,000
32,476,000
30,759,000
30,201,000
29,333,000
29,333,00030,201,00030,759,00032,476,00032,440,00031,657,00027,155,00028,576,00029,738,00033,781,00033,725,00034,342,00033,201,00034,910,00034,069,00036,342,00033,602,00038,194,00035,560,00034,600,00030,834,00029,628,00032,337,00031,751,00030,861,00033,102,00034,232,00038,746,00038,846,00039,112,00041,292,00039,045,00038,120,00039,252,00038,581,00043,490,00039,256,00036,919,00036,426,00035,254,00033,098,00024,032,00024,916,00023,589,00024,386,00028,030,00024,284,00023,010,00023,674,00025,205,00022,532,00021,246,00021,697,00017,490,00017,907,00017,856,00018,360,000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,065,000
18,366,000
18,134,000
18,222,000
15,472,000
15,613,000
16,399,000
21,412,000
21,219,000
21,377,000
19,205,000
18,868,000
0
018,868,00019,205,00021,377,00021,219,00021,412,00016,399,00015,613,00015,472,00018,222,00018,134,00018,366,00013,065,00000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,815,000
16,123,000
16,099,000
15,392,000
15,071,000
15,491,000
15,408,000
14,863,000
15,984,000
15,126,000
17,857,000
19,868,000
18,195,000
19,919,000
18,242,000
19,077,000
18,112,000
15,976,000
15,591,000
15,559,000
14,266,000
12,963,000
10,756,000
10,245,000
11,221,000
11,099,000
11,554,000
0
0
0011,554,00011,099,00011,221,00010,245,00010,756,00012,963,00014,266,00015,559,00015,591,00015,976,00018,112,00019,077,00018,242,00019,919,00018,195,00019,868,00017,857,00015,126,00015,984,00014,863,00015,408,00015,491,00015,071,00015,392,00016,099,00016,123,00016,815,0000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
136,000
0
0
0
129,000
0
0
0
131,000
0
0
0
144,000
0
0
0
169,000
0
0
0
164,000
0
0
0
90,000
0
0
0
0
000090,000000164,000000169,000000144,000000131,000000129,000000136,0000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
17,411,000
17,530,000
17,271,000
16,940,000
18,935,000
19,636,000
19,442,000
20,689,000
21,436,000
22,508,000
20,312,000
20,062,000
21,340,000
21,489,000
21,169,000
22,000,000
20,100,000
20,741,000
20,215,000
21,760,000
23,089,000
24,455,000
24,596,000
24,273,000
24,815,000
24,528,000
22,182,000
23,749,000
26,034,000
27,843,000
25,754,000
26,295,000
28,036,000
31,093,000
31,292,000
32,107,000
33,536,000
35,725,000
33,831,000
34,737,000
35,512,000
37,761,000
34,783,000
35,119,000
34,309,000
39,169,000
37,965,000
40,566,000
43,645,000
44,419,000
49,581,000
53,101,000
51,927,000
51,263,000
55,240,000
55,865,000
52,743,000
52,743,00055,865,00055,240,00051,263,00051,927,00053,101,00049,581,00044,419,00043,645,00040,566,00037,965,00039,169,00034,309,00035,119,00034,783,00037,761,00035,512,00034,737,00033,831,00035,725,00033,536,00032,107,00031,292,00031,093,00028,036,00026,295,00025,754,00027,843,00026,034,00023,749,00022,182,00024,528,00024,815,00024,273,00024,596,00024,455,00023,089,00021,760,00020,215,00020,741,00020,100,00022,000,00021,169,00021,489,00021,340,00020,062,00020,312,00022,508,00021,436,00020,689,00019,442,00019,636,00018,935,00016,940,00017,271,00017,530,00017,411,000000
   Common Stock
0
0
0
1,138,000
0
0
0
1,138,000
0
0
0
1,138,000
0
0
0
1,138,000
0
0
0
1,138,000
0
0
0
1,138,000
0
0
0
1,138,000
0
0
0
1,138,000
27,843,000
25,754,000
26,295,000
1,138,000
31,093,000
31,292,000
32,107,000
1,138,000
35,725,000
33,831,000
34,737,000
1,138,000
37,761,000
34,783,000
35,119,000
1,138,000
39,169,000
37,965,000
40,566,000
1,138,000
44,419,000
49,581,000
53,101,000
1,138,000
51,263,000
55,240,000
0
1,138,000
1,138,000055,240,00051,263,0001,138,00053,101,00049,581,00044,419,0001,138,00040,566,00037,965,00039,169,0001,138,00035,119,00034,783,00037,761,0001,138,00034,737,00033,831,00035,725,0001,138,00032,107,00031,292,00031,093,0001,138,00026,295,00025,754,00027,843,0001,138,0000001,138,0000001,138,0000001,138,0000001,138,0000001,138,0000001,138,0000001,138,000000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,208,000
2,208,00000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
1,545,000
0
0
0
-68,000
0
0
0
-514,000
0
0
0
-1,640,000
0
0
0
-1,780,000
0
0
0
1,366,000
0
0
0
805,000
0
0
0
1,293,000
0
0
0
418,000
0
0
0
1,509,000
0
0
0
2,367,000
37,761,000
34,783,000
35,119,000
-1,177,000
39,169,000
37,965,000
40,566,000
2,121,000
44,419,000
49,581,000
53,101,000
5,874,000
51,263,000
55,240,000
55,865,000
564,000
564,00055,865,00055,240,00051,263,0005,874,00053,101,00049,581,00044,419,0002,121,00040,566,00037,965,00039,169,000-1,177,00035,119,00034,783,00037,761,0002,367,0000001,509,000000418,0000001,293,000000805,0000001,366,000000-1,780,000000-1,640,000000-514,000000-68,0000001,545,000000



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 (+$)
totalRevenue103,881,000
Cost of Revenue-78,408,000
Gross Profit25,473,00025,473,000
 
Operating Income (+$)
Gross Profit25,473,000
Operating Expense-12,945,000
Operating Income12,528,00012,528,000
 
Operating Expense (+$)
Research Development3,303,000
Selling General Administrative607,000
Selling And Marketing Expenses11,450,000
Operating Expense12,945,00015,360,000
 
Net Interest Income (+$)
Interest Income562,000
Interest Expense-1,076,000
Other Finance Cost-303,000
Net Interest Income-817,000
 
Pretax Income (+$)
Operating Income12,528,000
Net Interest Income-817,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)9,121,00015,935,000
EBIT - interestExpense = 11,452,000
8,799,000
7,471,000
Interest Expense1,076,000
Earnings Before Interest and Taxes (EBIT)12,528,00010,197,000
Earnings Before Interest and Taxes (EBITDA)16,675,000
 
After tax Income (+$)
Income Before Tax9,121,000
Tax Provision-2,620,000
Net Income From Continuing Ops7,038,0006,501,000
Net Income6,395,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses91,353,000
Total Other Income/Expenses Net-3,407,000817,000
 

Technical Analysis of Skf
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 Skf. The general trend of Skf is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Skf's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of AB SKF (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: 222.00 < 224.50 < 239.00.

The bearish price targets are: 217.00 > 215.00 > 215.00.

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

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-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 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 SKF (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 SKF (publ). The current macd is 1.84391048.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Skf price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Skf. 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 Skf price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
AB SKF (publ) Daily Moving Average Convergence/Divergence (MACD) ChartAB SKF (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 SKF (publ). The current adx is 36.97.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 Skf shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
AB SKF (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 SKF (publ). The current sar is 236.92.

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
AB SKF (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 SKF (publ). The current rsi is 43.41. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
AB SKF (publ) Daily Relative Strength Index (RSI) ChartAB SKF (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 SKF (publ). The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-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 Skf price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
AB SKF (publ) Daily Stochastic Oscillator ChartAB SKF (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 SKF (publ). The current cci is -147.03196347.

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
AB SKF (publ) Daily Commodity Channel Index (CCI) ChartAB SKF (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 SKF (publ). The current cmo is -25.39798401.

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
AB SKF (publ) Daily Chande Momentum Oscillator (CMO) ChartAB SKF (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 SKF (publ). The current willr is -100.

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
AB SKF (publ) Daily Williams %R ChartAB SKF (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 SKF (publ).

AB SKF (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 SKF (publ). The current atr is 5.25204399.

AB SKF (publ) Daily Average True Range (ATR) ChartAB SKF (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 SKF (publ). The current obv is 284,184.

AB SKF (publ) Daily On-Balance Volume (OBV) ChartAB SKF (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 SKF (publ). The current mfi is 47.05.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
AB SKF (publ) Daily Money Flow Index (MFI) ChartAB SKF (publ) Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for AB SKF (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
2023-11-09DMI 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-09DMI 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2024-01-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-02-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2024-03-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

AB SKF (publ) Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.406
Ma 20Greater thanMa 50228.275
Ma 50Greater thanMa 100217.812
Ma 100Greater thanMa 200207.299
OpenGreater thanClose222.000
Total4/5 (80.0%)
Penke

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