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Stora Enso Oyj R
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PenkeI guess you are interested in Stora Enso Oyj R. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

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Quick analysis of Stora Enso Oyj R (30 sec.)










What can you expect buying and holding a share of Stora Enso Oyj R? (30 sec.)

How much money do you get?

How much money do you get?
€1.84
When do you have the money?
1 year
How often do you get paid?
87.5%

What is your share worth?

Current worth
€13.81
Expected worth in 1 year
€11.78
How sure are you?
85.0%

+ What do you gain per year?

Total Gains per Share
€-0.32
Return On Investment
-2.5%

For what price can you sell your share?

Current Price per Share
€12.89
Expected price per share
€12.63 - €14.00
How sure are you?
50%

1. Valuation of Stora Enso Oyj R (5 min.)




Live pricePrice per Share (EOD)

€12.89

Intrinsic Value Per Share

€-7.99 - €-0.39

Total Value Per Share

€5.81 - €13.42

2. Growth of Stora Enso Oyj R (5 min.)




Is Stora Enso Oyj R growing?

Current yearPrevious yearGrowGrow %
How rich?$11.7b$12.7b-$641.1m-5.3%

How much money is Stora Enso Oyj R making?

Current yearPrevious yearGrowGrow %
Making money-$104.9m$419.1m-$524m-499.5%
Net Profit Margin-4.7%13.3%--

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

3. Financial Health of Stora Enso Oyj R (5 min.)




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




  Industry Rankings (Paper & Paper Products)  


Richest
#3 / 120

Most Revenue
#5 / 120

Most Profit
#120 / 120

Most Efficient
#100 / 120

What can you expect buying and holding a share of Stora Enso Oyj R? (5 min.)

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

What can you expect buying and holding a share of Stora Enso Oyj R?

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

Speculation

The Price per Share of Stora Enso Oyj R is €12.89. 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 Stora Enso Oyj R.
  • 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 Stora Enso Oyj R, 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 €13.81. Based on the TTM, the Book Value Change Per Share is €-0.51 per quarter. Based on the YOY, the Book Value Change Per Share is €0.58 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.43 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Stora Enso Oyj R.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-0.39-3.1%-0.12-0.9%0.534.1%0.272.1%0.241.9%
Usd Book Value Change Per Share-0.25-1.9%-0.55-4.3%0.624.8%0.292.2%0.191.5%
Usd Dividend Per Share0.000.0%0.463.6%0.453.5%0.302.4%0.322.5%
Usd Total Gains Per Share-0.25-1.9%-0.09-0.7%1.078.3%0.594.6%0.514.0%
Usd Price Per Share13.55-12.72-15.96-14.17-12.55-
Price to Earnings Ratio-8.60--19.10-8.32-7.85-44.58-
Price-to-Total Gains Ratio-55.18--26.67-20.45-20.73--29.57-
Price to Book Ratio0.91-0.83-1.00-1.14-1.26-
Price-to-Total Gains Ratio-55.18--26.67-20.45-20.73--29.57-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share13.9377045
Number of shares71
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.460.30
Usd Book Value Change Per Share-0.550.29
Usd Total Gains Per Share-0.090.59
Gains per Quarter (71 shares)-6.2241.85
Gains per Year (71 shares)-24.88167.41
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1131-156-358681157
2262-312-60173162324
3393-467-85259243491
4524-623-110346324658
5655-779-135432405825
6786-935-160519486992
7917-1091-1856055671159
81048-1247-2106926481326
91179-1402-2357787281493
101309-1558-2608658091660

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%9.03.00.075.0%17.03.00.085.0%36.04.00.090.0%78.018.00.081.3%
Book Value Change Per Share1.03.00.025.0%8.04.00.066.7%14.06.00.070.0%27.013.00.067.5%61.035.00.063.5%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%17.00.03.085.0%35.00.05.087.5%74.00.022.077.1%
Total Gains per Share1.03.00.025.0%9.03.00.075.0%16.04.00.080.0%34.06.00.085.0%71.025.00.074.0%

Fundamentals of Stora Enso Oyj R

About Stora Enso Oyj R

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging. Its Packaging Solutions segment develops and sells fiber-based packaging products and services, including converting corrugated boards and carton boards; and new materials, such as formed fiber and wood foams into standard and bespoke packaging solutions for retail, e-commerce, and industrials. The company's Biomaterials segment provides various pulp for packaging, paper, tissue, specialties, and hygiene product producers; and tall oil and turpentine from biomass. Its Wood Products segment offers wood-based solutions, including digital tools for design and construction of building projects with wood; applications for windows and doors; and pellets for sustainable heating solutions. The company's Forest segment engages in sustainable forest management, as well as supplies wood. Its Paper segments offers portfolio of products for print and office use. The company's Other segment produces electricity and heat. It serves packaging manufacturers, brand owners, paper merchants, publishers, retailers, printing houses, converters, and construction companies. The company was incorporated in 1996 and is headquartered in Helsinki, Finland.

Fundamental data was last updated by Penke on 2024-03-13 04:40:05.

Financial Health

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

Valuation

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

1.1. Profitability of Stora Enso Oyj R.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Stora Enso Oyj R earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Stora Enso Oyj R to the Paper & Paper Products industry mean.
  • A Net Profit Margin of -13.2% means that €-0.13 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Stora Enso Oyj R:

  • The MRQ is -13.2%. The company is making a huge loss. -2
  • The TTM is -4.7%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-13.2%TTM-4.7%-8.5%
TTM-4.7%YOY13.3%-18.0%
TTM-4.7%5Y7.4%-12.1%
5Y7.4%10Y6.7%+0.7%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-13.2%2.8%-16.0%
TTM-4.7%3.5%-8.2%
YOY13.3%5.6%+7.7%
5Y7.4%4.4%+3.0%
10Y6.7%4.5%+2.2%
1.1.2. Return on Assets

Shows how efficient Stora Enso Oyj R is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Stora Enso Oyj R to the Paper & Paper Products industry mean.
  • -1.4% Return on Assets means that Stora Enso Oyj R generated €-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Stora Enso Oyj R:

  • The MRQ is -1.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.4%TTM-0.5%-0.9%
TTM-0.5%YOY1.9%-2.4%
TTM-0.5%5Y1.1%-1.6%
5Y1.1%10Y1.2%0.0%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.4%0.8%-2.2%
TTM-0.5%0.9%-1.4%
YOY1.9%1.8%+0.1%
5Y1.1%1.1%+0.0%
10Y1.2%1.2%0.0%
1.1.3. Return on Equity

Shows how efficient Stora Enso Oyj R is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Stora Enso Oyj R to the Paper & Paper Products industry mean.
  • -2.6% Return on Equity means Stora Enso Oyj R generated €-0.03 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Stora Enso Oyj R:

  • The MRQ is -2.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -0.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.6%TTM-0.9%-1.7%
TTM-0.9%YOY3.3%-4.2%
TTM-0.9%5Y2.1%-3.0%
5Y2.1%10Y2.4%-0.2%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.6%1.6%-4.2%
TTM-0.9%1.6%-2.5%
YOY3.3%2.9%+0.4%
5Y2.1%2.3%-0.2%
10Y2.4%2.4%0.0%

1.2. Operating Efficiency of Stora Enso Oyj R.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Stora Enso Oyj R is operating .

  • Measures how much profit Stora Enso Oyj R makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Stora Enso Oyj R to the Paper & Paper Products industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Stora Enso Oyj R:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.6%+0.6%
TTM-0.6%YOY17.3%-17.9%
TTM-0.6%5Y11.0%-11.6%
5Y11.0%10Y9.7%+1.3%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.2%-7.2%
TTM-0.6%2.8%-3.4%
YOY17.3%7.7%+9.6%
5Y11.0%6.7%+4.3%
10Y9.7%6.1%+3.6%
1.2.2. Operating Ratio

Measures how efficient Stora Enso Oyj R is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Paper & Paper Products industry mean).
  • An Operation Ratio of 1.54 means that the operating costs are €1.54 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Stora Enso Oyj R:

  • The MRQ is 1.536. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.372. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.536TTM1.372+0.165
TTM1.372YOY0.854+0.518
TTM1.3725Y0.975+0.397
5Y0.97510Y0.950+0.026
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5361.568-0.032
TTM1.3721.452-0.080
YOY0.8541.241-0.387
5Y0.9751.298-0.323
10Y0.9501.156-0.206

1.3. Liquidity of Stora Enso Oyj R.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Stora Enso Oyj R is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Paper & Paper Products industry mean).
  • A Current Ratio of 1.65 means the company has €1.65 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Stora Enso Oyj R:

  • The MRQ is 1.648. The company is able to pay all its short-term debts. +1
  • The TTM is 1.475. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.648TTM1.475+0.173
TTM1.475YOY1.407+0.068
TTM1.4755Y1.391+0.084
5Y1.39110Y1.358+0.033
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6481.633+0.015
TTM1.4751.501-0.026
YOY1.4071.561-0.154
5Y1.3911.502-0.111
10Y1.3581.347+0.011
1.3.2. Quick Ratio

Measures if Stora Enso Oyj R is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Stora Enso Oyj R to the Paper & Paper Products industry mean.
  • A Quick Ratio of 0.24 means the company can pay off €0.24 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Stora Enso Oyj R:

  • The MRQ is 0.236. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.392. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.236TTM0.392-0.156
TTM0.392YOY0.818-0.426
TTM0.3925Y0.005+0.387
5Y0.00510Y0.313-0.308
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2360.688-0.452
TTM0.3920.679-0.287
YOY0.8180.808+0.010
5Y0.0050.722-0.717
10Y0.3130.646-0.333

1.4. Solvency of Stora Enso Oyj R.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Stora Enso Oyj R assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Stora Enso Oyj R to Paper & Paper Products industry mean.
  • A Debt to Asset Ratio of 0.48 means that Stora Enso Oyj R assets are financed with 47.5% credit (debt) and the remaining percentage (100% - 47.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Stora Enso Oyj R:

  • The MRQ is 0.475. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.451. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.475TTM0.451+0.024
TTM0.451YOY0.416+0.035
TTM0.4515Y0.474-0.023
5Y0.47410Y0.505-0.031
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4750.487-0.012
TTM0.4510.470-0.019
YOY0.4160.476-0.060
5Y0.4740.489-0.015
10Y0.5050.520-0.015
1.4.2. Debt to Equity Ratio

Measures if Stora Enso Oyj R is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Stora Enso Oyj R to the Paper & Paper Products industry mean.
  • A Debt to Equity ratio of 89.8% means that company has €0.90 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Stora Enso Oyj R:

  • The MRQ is 0.898. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.821. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.898TTM0.821+0.077
TTM0.821YOY0.712+0.109
TTM0.8215Y0.911-0.090
5Y0.91110Y1.056-0.145
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8980.950-0.052
TTM0.8210.886-0.065
YOY0.7120.974-0.262
5Y0.9111.001-0.090
10Y1.0561.168-0.112

2. Market Valuation of Stora Enso Oyj R

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Stora Enso Oyj R generates.

  • Above 15 is considered overpriced but always compare Stora Enso Oyj R to the Paper & Paper Products industry mean.
  • A PE ratio of -8.60 means the investor is paying €-8.60 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Stora Enso Oyj R:

  • The EOD is -8.851. Based on the earnings, the company is expensive. -2
  • The MRQ is -8.604. Based on the earnings, the company is expensive. -2
  • The TTM is -19.102. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-8.851MRQ-8.604-0.247
MRQ-8.604TTM-19.102+10.498
TTM-19.102YOY8.322-27.424
TTM-19.1025Y7.854-26.956
5Y7.85410Y44.580-36.726
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
EOD-8.8515.496-14.347
MRQ-8.6045.238-13.842
TTM-19.1024.397-23.499
YOY8.3228.029+0.293
5Y7.8547.625+0.229
10Y44.58010.641+33.939
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Stora Enso Oyj R:

  • The EOD is -79.386. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -77.168. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -21.079. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-79.386MRQ-77.168-2.218
MRQ-77.168TTM-21.079-56.089
TTM-21.079YOY16.614-37.693
TTM-21.0795Y107.805-128.884
5Y107.80510Y63.169+44.636
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
EOD-79.3862.430-81.816
MRQ-77.1682.155-79.323
TTM-21.0793.218-24.297
YOY16.6142.828+13.786
5Y107.8053.999+103.806
10Y63.1693.766+59.403
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Stora Enso Oyj R is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Paper & Paper Products industry mean).
  • A PB ratio of 0.91 means the investor is paying €0.91 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Stora Enso Oyj R:

  • The EOD is 0.933. Based on the equity, the company is cheap. +2
  • The MRQ is 0.907. Based on the equity, the company is cheap. +2
  • The TTM is 0.832. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.933MRQ0.907+0.026
MRQ0.907TTM0.832+0.075
TTM0.832YOY1.004-0.172
TTM0.8325Y1.136-0.304
5Y1.13610Y1.257-0.121
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
EOD0.9330.961-0.028
MRQ0.9070.926-0.019
TTM0.8320.941-0.109
YOY1.0041.105-0.101
5Y1.1361.131+0.005
10Y1.2571.258-0.001
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Stora Enso Oyj R 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---0.228-0.507+122%0.577-140%0.263-187%0.178-228%
Book Value Per Share--13.80614.134-2%14.881-7%11.893+16%9.570+44%
Current Ratio--1.6481.475+12%1.407+17%1.391+18%1.358+21%
Debt To Asset Ratio--0.4750.451+5%0.416+14%0.474+0%0.505-6%
Debt To Equity Ratio--0.8980.821+9%0.712+26%0.911-1%1.056-15%
Dividend Per Share--0.0010.426-100%0.412-100%0.281-100%0.293-100%
Eps---0.364-0.113-69%0.491-174%0.251-245%0.222-264%
Free Cash Flow Per Share---0.041-0.155+283%0.278-115%0.174-123%0.152-127%
Free Cash Flow To Equity Per Share---0.0410.050-181%0.136-130%0.078-152%-0.007-82%
Gross Profit Margin--1.0000.881+13%0.206+385%-0.087+109%-5.995+700%
Intrinsic Value_10Y_max---0.385--------
Intrinsic Value_10Y_min---7.994--------
Intrinsic Value_1Y_max--0.514--------
Intrinsic Value_1Y_min--0.293--------
Intrinsic Value_3Y_max--1.122--------
Intrinsic Value_3Y_min---0.061--------
Intrinsic Value_5Y_max--1.224--------
Intrinsic Value_5Y_min---1.446--------
Market Cap7892487601.920-25%9877465337.1759277162129.569+6%11648324250.000-15%10340533060.914-4%9151832742.957+8%
Net Profit Margin---0.132-0.047-65%0.133-199%0.074-278%0.067-298%
Operating Margin----0.0060%0.173-100%0.110-100%0.097-100%
Operating Ratio--1.5361.372+12%0.854+80%0.975+58%0.950+62%
Pb Ratio0.933+3%0.9070.832+9%1.004-10%1.136-20%1.257-28%
Pe Ratio-8.851-3%-8.604-19.102+122%8.322-203%7.854-210%44.580-119%
Price Per Share12.885+3%12.52511.755+7%14.755-15%13.104-4%11.599+8%
Price To Free Cash Flow Ratio-79.386-3%-77.168-21.079-73%16.614-564%107.805-172%63.169-222%
Price To Total Gains Ratio-56.767-3%-55.181-26.665-52%20.449-370%20.735-366%-29.566-46%
Quick Ratio--0.2360.392-40%0.818-71%0.005+4633%0.313-25%
Return On Assets---0.014-0.005-66%0.019-172%0.011-222%0.012-217%
Return On Equity---0.026-0.009-65%0.033-180%0.021-222%0.024-210%
Total Gains Per Share---0.227-0.081-64%0.990-123%0.545-142%0.471-148%
Usd Book Value--11777549600.00012066363500.000-2%12707541175.000-7%10152511690.000+16%8168619805.000+44%
Usd Book Value Change Per Share---0.247-0.549+122%0.624-140%0.285-187%0.193-228%
Usd Book Value Per Share--14.93415.289-2%16.097-7%12.865+16%10.352+44%
Usd Dividend Per Share--0.0010.461-100%0.446-100%0.304-100%0.317-100%
Usd Eps---0.394-0.122-69%0.531-174%0.272-245%0.240-264%
Usd Free Cash Flow---34614400.000-132508250.000+283%237433150.000-115%148679665.000-123%129344277.500-127%
Usd Free Cash Flow Per Share---0.044-0.168+283%0.301-115%0.188-123%0.164-127%
Usd Free Cash Flow To Equity Per Share---0.0440.054-181%0.147-130%0.084-152%-0.008-82%
Usd Market Cap8537303838.997-25%10684454255.22210035106275.555+6%12599992341.225-15%11185354611.990-4%9899537478.056+8%
Usd Price Per Share13.938+3%13.54812.715+7%15.960-15%14.175-4%12.546+8%
Usd Profit---310447900.000-104924900.000-66%419158750.000-174%212878560.000-246%187756077.500-265%
Usd Revenue--2351615800.0002540913300.000-7%3158293575.000-26%2696029080.000-13%2715986445.000-13%
Usd Total Gains Per Share---0.246-0.088-64%1.070-123%0.589-142%0.509-148%
 EOD+3 -5MRQTTM+11 -24YOY+6 -305Y+11 -2510Y+13 -23

3.2. Fundamental Score

Let's check the fundamental score of Stora Enso Oyj R based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-8.851
Price to Book Ratio (EOD)Between0-10.933
Net Profit Margin (MRQ)Greater than0-0.132
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.236
Current Ratio (MRQ)Greater than11.648
Debt to Asset Ratio (MRQ)Less than10.475
Debt to Equity Ratio (MRQ)Less than10.898
Return on Equity (MRQ)Greater than0.15-0.026
Return on Assets (MRQ)Greater than0.05-0.014
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Stora Enso Oyj R based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5074.174
Ma 20Greater thanMa 5012.039
Ma 50Greater thanMa 10011.649
Ma 100Greater thanMa 20011.907
OpenGreater thanClose12.910
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
Reconciled Depreciation  165,000-9,000156,000114,000270,000-125,000145,000-182,000-37,000



Latest Balance Sheet

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

Summary
Total Assets20,754,000
Total Liabilities9,866,000
Total Stockholder Equity10,985,000
 As reported
Total Liabilities 9,866,000
Total Stockholder Equity+ 10,985,000
Total Assets = 20,754,000

Assets

Total Assets20,754,000
Total Current Assets6,054,000
Long-term Assets14,699,000
Total Current Assets
Cash And Cash Equivalents 2,464,000
Net Receivables 866,000
Inventory 1,413,000
Total Current Assets  (as reported)6,054,000
Total Current Assets  (calculated)4,743,000
+/- 1,311,000
Long-term Assets
Property Plant Equipment 7,135,000
Goodwill 505,000
Intangible Assets 392,000
Long-term Assets Other 31,000
Long-term Assets  (as reported)14,699,000
Long-term Assets  (calculated)8,063,000
+/- 6,636,000

Liabilities & Shareholders' Equity

Total Current Liabilities3,674,000
Long-term Liabilities6,192,000
Total Stockholder Equity10,985,000
Total Current Liabilities
Short Long Term Debt 470,000
Accounts payable 1,582,000
Other Current Liabilities 97,000
Total Current Liabilities  (as reported)3,674,000
Total Current Liabilities  (calculated)2,149,000
+/- 1,525,000
Long-term Liabilities
Long term Debt 4,445,000
Long-term Liabilities Other 4,000
Long-term Liabilities  (as reported)6,192,000
Long-term Liabilities  (calculated)4,449,000
+/- 1,743,000
Total Stockholder Equity
Retained Earnings 7,015,000
Total Stockholder Equity (as reported)10,985,000
Total Stockholder Equity (calculated)7,015,000
+/- 3,970,000
Other
Capital Stock1,342,000
Common Stock Shares Outstanding 788,620
Net Debt 2,451,000
Net Invested Capital 15,900,000
Net Working Capital 2,380,000
Property Plant and Equipment Gross 17,433,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-31
> Total Assets 
16,333,789
15,812,288
22,473,565
21,381,910
21,486,610
21,441,188
22,403,473
22,895,529
20,697,409
19,618,694
18,039,484
18,230,673
18,709,826
18,368,175
18,447,168
17,942,100
16,664,105
16,518,751
16,593,494
16,411,900
16,963,934
16,797,452
17,853,072
18,095,000
18,050,363
17,652,035
17,356,803
17,440,300
17,551,866
17,509,790
16,798,487
15,310,800
14,790,600
14,879,700
14,168,400
12,240,800
12,052,000
11,871,200
11,314,900
11,593,200
12,069,400
12,296,000
12,625,800
13,036,700
13,235,500
12,969,000
12,948,300
12,999,100
13,133,400
13,060,300
13,654,300
13,693,600
13,817,000
13,150,000
13,298,000
12,754,000
13,478,000
13,010,000
13,235,000
12,847,000
13,253,000
12,459,000
12,000,000
12,361,000
12,161,000
12,071,000
12,171,000
12,326,000
12,384,000
11,590,000
11,470,000
11,770,000
11,823,000
11,773,000
12,364,000
12,849,000
13,608,000
14,742,000
14,432,000
15,053,000
14,459,000
14,972,000
15,053,000
17,431,000
17,121,000
17,609,000
17,922,000
19,026,000
18,901,000
19,675,000
20,880,000
20,922,000
20,288,000
20,078,000
20,226,000
20,754,000
20,754,00020,226,00020,078,00020,288,00020,922,00020,880,00019,675,00018,901,00019,026,00017,922,00017,609,00017,121,00017,431,00015,053,00014,972,00014,459,00015,053,00014,432,00014,742,00013,608,00012,849,00012,364,00011,773,00011,823,00011,770,00011,470,00011,590,00012,384,00012,326,00012,171,00012,071,00012,161,00012,361,00012,000,00012,459,00013,253,00012,847,00013,235,00013,010,00013,478,00012,754,00013,298,00013,150,00013,817,00013,693,60013,654,30013,060,30013,133,40012,999,10012,948,30012,969,00013,235,50013,036,70012,625,80012,296,00012,069,40011,593,20011,314,90011,871,20012,052,00012,240,80014,168,40014,879,70014,790,60015,310,80016,798,48717,509,79017,551,86617,440,30017,356,80317,652,03518,050,36318,095,00017,853,07216,797,45216,963,93416,411,90016,593,49416,518,75116,664,10517,942,10018,447,16818,368,17518,709,82618,230,67318,039,48419,618,69420,697,40922,895,52922,403,47321,441,18821,486,61021,381,91022,473,56515,812,28816,333,789
   > Total Current Assets 
4,352,608
5,303,653
5,433,687
4,957,505
5,098,797
4,856,033
5,260,823
4,878,709
4,497,709
4,528,297
4,234,356
4,973,995
4,731,583
4,415,333
4,315,447
4,492,600
4,501,155
4,260,728
4,289,201
4,320,500
4,555,063
4,298,961
4,873,850
5,077,500
5,300,047
5,124,839
5,076,894
5,095,400
5,370,199
5,286,204
7,074,074
5,288,500
5,220,100
4,668,700
0
3,968,700
0
0
3,752,200
3,758,200
3,946,900
4,118,200
4,477,600
4,494,100
4,781,000
4,594,000
4,703,700
4,609,800
4,802,100
4,752,100
5,192,400
5,311,100
5,430,000
5,257,000
5,442,000
5,224,000
5,357,000
4,726,000
4,774,000
4,415,000
4,522,000
4,008,000
3,671,000
3,564,000
3,424,000
3,291,000
3,485,000
3,627,000
3,749,000
3,259,000
3,154,000
3,336,000
3,623,000
3,580,000
4,025,000
4,248,000
4,497,000
3,908,000
3,576,000
3,590,000
3,444,000
3,671,000
3,867,000
4,155,000
3,962,000
4,135,000
4,223,000
4,509,000
4,281,000
4,868,000
5,504,000
5,801,000
4,756,000
5,134,000
5,050,000
6,054,000
6,054,0005,050,0005,134,0004,756,0005,801,0005,504,0004,868,0004,281,0004,509,0004,223,0004,135,0003,962,0004,155,0003,867,0003,671,0003,444,0003,590,0003,576,0003,908,0004,497,0004,248,0004,025,0003,580,0003,623,0003,336,0003,154,0003,259,0003,749,0003,627,0003,485,0003,291,0003,424,0003,564,0003,671,0004,008,0004,522,0004,415,0004,774,0004,726,0005,357,0005,224,0005,442,0005,257,0005,430,0005,311,1005,192,4004,752,1004,802,1004,609,8004,703,7004,594,0004,781,0004,494,1004,477,6004,118,2003,946,9003,758,2003,752,200003,968,70004,668,7005,220,1005,288,5007,074,0745,286,2045,370,1995,095,4005,076,8945,124,8395,300,0475,077,5004,873,8504,298,9614,555,0634,320,5004,289,2014,260,7284,501,1554,492,6004,315,4474,415,3334,731,5834,973,9954,234,3564,528,2974,497,7094,878,7095,260,8234,856,0335,098,7974,957,5055,433,6875,303,6534,352,608
       Cash And Cash Equivalents 
0
1,502,693
863,190
746,464
429,044
427,295
299,121
275,079
103,003
82,064
73,910
168,653
236,749
298,028
194,449
201,500
479,599
207,887
195,868
274,300
293,388
270,450
305,072
351,400
352,723
299,613
301,091
609,000
525,343
318,376
180,150
970,700
205,700
489,300
0
415,800
0
0
548,300
890,400
865,100
857,500
1,121,200
1,110,900
1,115,000
1,025,300
1,183,300
1,138,800
1,251,000
1,248,600
1,707,800
1,849,900
1,743,000
1,809,000
2,097,000
2,065,000
2,018,000
1,553,000
1,523,000
1,446,000
1,321,000
987,000
798,000
808,000
605,000
519,000
781,000
953,000
932,000
499,000
418,000
607,000
687,000
629,000
1,005,000
1,130,000
1,223,000
833,000
713,000
876,000
756,000
1,062,000
1,364,000
1,661,000
1,269,000
1,313,000
1,272,000
1,481,000
983,000
1,358,000
1,624,000
1,917,000
1,257,000
1,973,000
2,077,000
2,464,000
2,464,0002,077,0001,973,0001,257,0001,917,0001,624,0001,358,000983,0001,481,0001,272,0001,313,0001,269,0001,661,0001,364,0001,062,000756,000876,000713,000833,0001,223,0001,130,0001,005,000629,000687,000607,000418,000499,000932,000953,000781,000519,000605,000808,000798,000987,0001,321,0001,446,0001,523,0001,553,0002,018,0002,065,0002,097,0001,809,0001,743,0001,849,9001,707,8001,248,6001,251,0001,138,8001,183,3001,025,3001,115,0001,110,9001,121,200857,500865,100890,400548,30000415,8000489,300205,700970,700180,150318,376525,343609,000301,091299,613352,723351,400305,072270,450293,388274,300195,868207,887479,599201,500194,449298,028236,749168,65373,91082,064103,003275,079299,121427,295429,044746,464863,1901,502,6930
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-44,300
0
0
0
-233,100
0
0
0
-127,600
0
0
0
-149,200
0
0
0
-126,500
-215,800
260,200
0
-130,300
0
0
-169,100
-159,600
0
0
-126,900
-126,500
-125,000
-145,100
-130,600
-125,300
-127,500
-209,800
-225,600
-359,500
-368,000
-266,000
-304,000
-484,000
-698,000
-715,000
-758,000
-727,000
-772,000
-748,000
-706,000
-724,000
-704,000
-659,000
-654,000
-535,000
-501,000
-469,000
-512,000
-538,000
-501,000
-504,000
-499,000
-546,000
-529,000
-3,055,000
-3,058,000
-3,721,000
-3,668,000
-3,935,000
-3,913,000
-4,362,000
-4,242,000
-4,295,000
-4,312,000
49,000
0
0
0
0
0
-4,450,000
0
0
00-4,450,0000000049,000-4,312,000-4,295,000-4,242,000-4,362,000-3,913,000-3,935,000-3,668,000-3,721,000-3,058,000-3,055,000-529,000-546,000-499,000-504,000-501,000-538,000-512,000-469,000-501,000-535,000-654,000-659,000-704,000-724,000-706,000-748,000-772,000-727,000-758,000-715,000-698,000-484,000-304,000-266,000-368,000-359,500-225,600-209,800-127,500-125,300-130,600-145,100-125,000-126,500-126,90000-159,600-169,10000-130,3000260,200-215,800-126,500000-149,200000-127,600000-233,100000-44,300000000000000000
       Net Receivables 
0
2,502,418
0
2,617,134
0
2,772,500
3,165,675
2,821,737
0
2,882,400
2,560,189
1,910,900
0
2,466,600
0
1,776,000
2,299,900
2,279,162
2,243,400
2,178,300
2,311,619
2,220,700
2,540,564
2,457,600
2,739,200
2,366,800
2,724,207
2,089,400
2,718,589
2,748,300
2,486,793
2,171,900
2,034,800
2,291,200
2,180,100
1,748,000
1,726,300
1,632,500
1,671,000
1,514,300
1,699,200
1,864,100
1,934,100
1,785,200
2,069,300
1,958,900
1,948,900
1,838,100
2,009,900
1,953,500
1,958,700
1,834,500
2,132,000
1,993,000
1,886,000
1,656,000
1,825,000
1,727,000
1,696,000
1,450,000
1,694,000
1,600,000
1,484,000
1,256,000
1,416,000
1,436,000
1,414,000
1,204,000
1,379,000
1,409,000
1,405,000
1,408,000
1,486,000
1,531,000
1,517,000
1,455,000
28,000
26,000
16,000
1,227,000
1,291,000
1,245,000
1,201,000
1,129,000
1,350,000
1,484,000
1,483,000
1,449,000
1,543,000
1,662,000
1,572,000
1,204,000
1,463,000
1,304,000
1,321,000
866,000
866,0001,321,0001,304,0001,463,0001,204,0001,572,0001,662,0001,543,0001,449,0001,483,0001,484,0001,350,0001,129,0001,201,0001,245,0001,291,0001,227,00016,00026,00028,0001,455,0001,517,0001,531,0001,486,0001,408,0001,405,0001,409,0001,379,0001,204,0001,414,0001,436,0001,416,0001,256,0001,484,0001,600,0001,694,0001,450,0001,696,0001,727,0001,825,0001,656,0001,886,0001,993,0002,132,0001,834,5001,958,7001,953,5002,009,9001,838,1001,948,9001,958,9002,069,3001,785,2001,934,1001,864,1001,699,2001,514,3001,671,0001,632,5001,726,3001,748,0002,180,1002,291,2002,034,8002,171,9002,486,7932,748,3002,718,5892,089,4002,724,2072,366,8002,739,2002,457,6002,540,5642,220,7002,311,6192,178,3002,243,4002,279,1622,299,9001,776,00002,466,60001,910,9002,560,1892,882,40002,821,7373,165,6752,772,50002,617,13402,502,4180
       Other Current Assets 
0
1
0
1
0
0
-1
1
0
0
1
3,238,926
2,828,717
2,461,879
2,442,802
2,667,600
2,297,020
-1
2,243,035
2,274,900
-1
2,216,195
-1
2,575,600
2,737,830
2,677,901
-1
2,466,900
1
2,748,094
2,333,552
2,325,200
3,087,100
2,031,000
0
1,859,300
0
0
103,000
1,586,200
49,900
33,300
1,934,100
1,908,600
2,069,300
1,958,900
1,948,900
1,942,300
2,009,900
1,953,500
1,958,700
2,151,500
2,132,000
1,993,000
1,886,000
1,891,000
1,825,000
1,727,000
1,807,000
1,672,000
1,694,000
1,600,000
1,484,000
1,491,000
1,416,000
1,436,000
1,414,000
1,430,000
1,379,000
1,409,000
1,405,000
1,505,000
1,486,000
1,531,000
1,517,000
1,633,000
1,608,000
1,517,000
1,344,000
1,375,000
1,291,000
1,245,000
1,201,000
1,288,000
1,350,000
1,484,000
1,483,000
1,556,000
1,679,000
1,791,000
542,000
933,000
55,000
40,000
19,000
0
019,00040,00055,000933,000542,0001,791,0001,679,0001,556,0001,483,0001,484,0001,350,0001,288,0001,201,0001,245,0001,291,0001,375,0001,344,0001,517,0001,608,0001,633,0001,517,0001,531,0001,486,0001,505,0001,405,0001,409,0001,379,0001,430,0001,414,0001,436,0001,416,0001,491,0001,484,0001,600,0001,694,0001,672,0001,807,0001,727,0001,825,0001,891,0001,886,0001,993,0002,132,0002,151,5001,958,7001,953,5002,009,9001,942,3001,948,9001,958,9002,069,3001,908,6001,934,10033,30049,9001,586,200103,000001,859,30002,031,0003,087,1002,325,2002,333,5522,748,09412,466,900-12,677,9012,737,8302,575,600-12,216,195-12,274,9002,243,035-12,297,0202,667,6002,442,8022,461,8792,828,7173,238,9261001-1001010
   > Long-term Assets 
11,981,181
10,508,635
17,039,878
16,424,405
16,387,813
16,585,155
17,142,650
18,016,820
16,199,700
15,090,398
13,805,128
13,256,678
13,978,243
13,952,842
14,131,721
13,449,500
12,162,949
12,258,023
12,304,293
12,091,400
12,408,870
12,498,491
12,979,221
13,017,500
12,750,317
12,527,196
12,279,909
12,344,900
12,181,667
12,223,586
9,724,413
10,022,300
9,570,500
10,211,000
0
8,272,100
0
0
7,562,700
7,835,000
8,122,500
8,177,800
8,148,200
8,542,600
8,454,500
8,375,000
8,244,600
8,389,300
8,331,300
8,308,200
8,461,900
8,382,500
8,387,000
7,893,000
7,856,000
7,530,000
8,121,000
8,284,000
8,461,000
8,432,000
8,731,000
8,451,000
8,329,000
8,797,000
8,737,000
8,780,000
8,686,000
8,699,000
8,635,000
8,331,000
8,316,000
8,434,000
8,200,000
8,193,000
8,339,000
8,601,000
9,112,000
10,833,000
10,857,000
11,463,000
11,015,000
11,301,000
11,186,000
13,276,000
13,159,000
13,474,000
13,700,000
14,517,000
14,621,000
14,808,000
15,376,000
15,120,000
15,533,000
14,944,000
15,175,000
14,699,000
14,699,00015,175,00014,944,00015,533,00015,120,00015,376,00014,808,00014,621,00014,517,00013,700,00013,474,00013,159,00013,276,00011,186,00011,301,00011,015,00011,463,00010,857,00010,833,0009,112,0008,601,0008,339,0008,193,0008,200,0008,434,0008,316,0008,331,0008,635,0008,699,0008,686,0008,780,0008,737,0008,797,0008,329,0008,451,0008,731,0008,432,0008,461,0008,284,0008,121,0007,530,0007,856,0007,893,0008,387,0008,382,5008,461,9008,308,2008,331,3008,389,3008,244,6008,375,0008,454,5008,542,6008,148,2008,177,8008,122,5007,835,0007,562,700008,272,100010,211,0009,570,50010,022,3009,724,41312,223,58612,181,66712,344,90012,279,90912,527,19612,750,31713,017,50012,979,22112,498,49112,408,87012,091,40012,304,29312,258,02312,162,94913,449,50014,131,72113,952,84213,978,24313,256,67813,805,12815,090,39816,199,70018,016,82017,142,65016,585,15516,387,81316,424,40517,039,87810,508,63511,981,181
       Property Plant Equipment 
11,981,181
9,919,218
15,719,028
12,821,043
14,891,162
15,045,755
15,549,263
13,737,941
14,695,104
13,788,354
12,543,860
10,821,879
12,722,997
12,694,056
12,798,057
9,964,500
10,895,738
10,922,893
10,910,222
9,754,800
10,967,919
10,989,360
11,474,541
9,936,800
10,922,032
10,686,889
10,436,799
9,153,600
9,954,531
9,880,361
7,334,847
6,476,700
6,782,800
6,748,700
6,651,600
5,413,700
5,766,800
5,771,600
5,031,000
4,700,200
5,082,300
5,081,500
5,055,900
5,066,900
5,221,100
5,116,800
5,066,400
4,942,500
5,175,000
5,186,700
5,242,700
5,048,700
5,231,000
5,048,000
5,015,000
4,182,000
5,740,000
5,799,000
5,944,000
5,419,000
5,608,000
5,607,000
5,610,000
5,627,000
5,591,000
5,722,000
5,624,000
5,611,000
5,550,000
5,337,000
5,282,000
5,310,000
5,155,000
5,131,000
5,113,000
5,234,000
5,831,000
6,085,000
6,060,000
6,118,000
5,939,000
5,945,000
5,845,000
7,463,000
7,347,000
7,492,000
7,461,000
7,703,000
7,604,000
8,020,000
7,789,000
7,595,000
7,905,000
7,706,000
7,868,000
7,135,000
7,135,0007,868,0007,706,0007,905,0007,595,0007,789,0008,020,0007,604,0007,703,0007,461,0007,492,0007,347,0007,463,0005,845,0005,945,0005,939,0006,118,0006,060,0006,085,0005,831,0005,234,0005,113,0005,131,0005,155,0005,310,0005,282,0005,337,0005,550,0005,611,0005,624,0005,722,0005,591,0005,627,0005,610,0005,607,0005,608,0005,419,0005,944,0005,799,0005,740,0004,182,0005,015,0005,048,0005,231,0005,048,7005,242,7005,186,7005,175,0004,942,5005,066,4005,116,8005,221,1005,066,9005,055,9005,081,5005,082,3004,700,2005,031,0005,771,6005,766,8005,413,7006,651,6006,748,7006,782,8006,476,7007,334,8479,880,3619,954,5319,153,60010,436,79910,686,88910,922,0329,936,80011,474,54110,989,36010,967,9199,754,80010,910,22210,922,89310,895,7389,964,50012,798,05712,694,05612,722,99710,821,87912,543,86013,788,35414,695,10413,737,94115,549,26315,045,75514,891,16212,821,04315,719,0289,919,21811,981,181
       Goodwill 
0
0
0
2,228,600
0
0
0
2,726,000
0
0
0
1,055,500
0
0
0
902,600
0
0
0
787,900
0
0
0
961,800
0
0
0
906,800
0
0
0
502,700
0
0
0
207,600
0
0
0
208,300
0
0
0
214,800
0
0
0
224,300
0
0
0
225,900
0
0
0
220,000
0
0
0
242,000
248,000
247,000
247,000
248,000
246,000
247,000
247,000
238,000
237,000
237,000
237,000
237,000
237,000
237,000
238,000
243,000
244,000
322,000
312,000
302,000
295,000
280,000
278,000
281,000
282,000
279,000
280,000
282,000
283,000
283,000
252,000
244,000
557,000
575,000
576,000
505,000
505,000576,000575,000557,000244,000252,000283,000283,000282,000280,000279,000282,000281,000278,000280,000295,000302,000312,000322,000244,000243,000238,000237,000237,000237,000237,000237,000237,000238,000247,000247,000246,000248,000247,000247,000248,000242,000000220,000000225,900000224,300000214,800000208,300000207,600000502,700000906,800000961,800000787,900000902,6000001,055,5000002,726,0000002,228,600000
       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
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
1,486,000
1,952,000
2,022,000
1,908,000
0
1,889,000
1,883,000
1,847,000
1,895,000
1,939,000
1,866,000
1,883,000
2,087,000
2,164,000
2,118,000
1,029,000
1,095,000
1,021,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,021,0001,095,0001,029,0002,118,0002,164,0002,087,0001,883,0001,866,0001,939,0001,895,0001,847,0001,883,0001,889,00001,908,0002,022,0001,952,0001,486,00000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
2,324,225
179,302
0
0
2,634,527
0
0
0
1,129,821
0
0
0
80,400
0
0
0
108,100
0
0
0
237,800
123,838
118,484
105,292
268,500
102,270
139,290
7,502
164,300
85,800
85,800
81,100
144,500
104,400
40,500
39,100
96,700
75,300
60,600
50,700
93,600
100,900
65,500
56,700
100,800
75,400
39,200
39,500
74,200
35,000
15,000
18,000
72,000
47,000
30,000
31,000
184,000
218,000
193,000
186,000
176,000
183,000
167,000
193,000
194,000
207,000
200,000
188,000
241,000
271,000
278,000
276,000
280,000
250,000
214,000
207,000
207,000
241,000
209,000
194,000
170,000
251,000
250,000
266,000
261,000
395,000
330,000
316,000
243,000
566,000
473,000
468,000
392,000
392,000468,000473,000566,000243,000316,000330,000395,000261,000266,000250,000251,000170,000194,000209,000241,000207,000207,000214,000250,000280,000276,000278,000271,000241,000188,000200,000207,000194,000193,000167,000183,000176,000186,000193,000218,000184,00031,00030,00047,00072,00018,00015,00035,00074,20039,50039,20075,400100,80056,70065,500100,90093,60050,70060,60075,30096,70039,10040,500104,400144,50081,10085,80085,800164,3007,502139,290102,270268,500105,292118,484123,838237,800000108,10000080,4000001,129,8210002,634,52700179,3022,324,225000
       Other Assets 
0
0
0
3,306,900
0
1,540,500
0
3,842,100
0
15,115,400
0
2,432,600
0
1,261,200
0
1,897,200
0
1,336,500
1,394,300
2,272,000
1,441,500
0
1,506,300
3,080,700
1,829,200
1,839,000
1,845,000
3,079,800
2,103,600
2,212,000
2,250,800
3,456,900
2,699,400
3,360,000
3,027,700
2,724,800
2,398,100
2,327,800
2,388,300
2,982,300
2,872,900
2,907,300
2,915,700
3,285,200
3,049,800
3,069,900
2,979,000
3,234,200
2,946,800
2,902,900
2,999,900
3,112,100
2,925,000
2,616,000
2,616,000
2,949,000
1,743,000
1,833,000
1,821,000
2,370,000
2,414,000
2,157,000
2,075,000
2,530,000
2,510,000
2,410,000
2,417,000
2,599,000
2,590,000
2,529,000
2,576,000
2,676,000
2,599,000
215,000
181,000
223,000
-1,000
1,000
-1,000
189,000
229,000
243,000
223,000
238,000
251,000
310,000
-1,000
227,000
-1,000
-1,000
415,000
1,000
-1,000
175,000
290,000
0
0290,000175,000-1,0001,000415,000-1,000-1,000227,000-1,000310,000251,000238,000223,000243,000229,000189,000-1,0001,000-1,000223,000181,000215,0002,599,0002,676,0002,576,0002,529,0002,590,0002,599,0002,417,0002,410,0002,510,0002,530,0002,075,0002,157,0002,414,0002,370,0001,821,0001,833,0001,743,0002,949,0002,616,0002,616,0002,925,0003,112,1002,999,9002,902,9002,946,8003,234,2002,979,0003,069,9003,049,8003,285,2002,915,7002,907,3002,872,9002,982,3002,388,3002,327,8002,398,1002,724,8003,027,7003,360,0002,699,4003,456,9002,250,8002,212,0002,103,6003,079,8001,845,0001,839,0001,829,2003,080,7001,506,30001,441,5002,272,0001,394,3001,336,50001,897,20001,261,20002,432,600015,115,40003,842,10001,540,50003,306,900000
> Total Liabilities 
10,057,036
9,013,554
13,582,714
12,637,536
12,910,937
12,652,163
12,878,823
12,828,731
11,859,247
10,756,278
10,347,928
10,035,968
10,500,312
10,199,540
10,160,805
9,928,900
8,702,389
8,544,233
8,533,908
8,224,700
9,186,698
9,235,425
10,132,487
10,356,100
10,463,561
10,025,419
9,685,369
9,537,200
9,805,976
9,340,501
9,160,156
7,762,800
7,704,800
7,139,900
7,099,400
6,590,300
6,612,400
6,295,400
6,289,800
6,410,700
6,804,000
6,786,200
6,844,200
6,782,000
6,868,400
6,690,700
6,930,400
7,039,300
7,140,200
7,407,900
7,830,000
7,817,600
7,956,000
7,801,000
7,831,000
7,481,000
8,124,000
7,766,000
7,823,000
7,610,000
7,722,000
7,284,000
6,903,000
6,848,000
6,549,000
6,473,000
6,452,000
6,458,000
6,416,000
5,928,000
5,623,000
5,715,000
5,635,000
5,692,000
5,905,000
6,117,000
7,073,000
8,021,000
7,575,000
7,631,000
7,453,000
7,741,000
7,824,000
8,639,000
8,426,000
8,416,000
8,167,000
8,359,000
8,195,000
8,351,000
8,421,000
8,420,000
8,632,000
9,070,000
9,158,000
9,866,000
9,866,0009,158,0009,070,0008,632,0008,420,0008,421,0008,351,0008,195,0008,359,0008,167,0008,416,0008,426,0008,639,0007,824,0007,741,0007,453,0007,631,0007,575,0008,021,0007,073,0006,117,0005,905,0005,692,0005,635,0005,715,0005,623,0005,928,0006,416,0006,458,0006,452,0006,473,0006,549,0006,848,0006,903,0007,284,0007,722,0007,610,0007,823,0007,766,0008,124,0007,481,0007,831,0007,801,0007,956,0007,817,6007,830,0007,407,9007,140,2007,039,3006,930,4006,690,7006,868,4006,782,0006,844,2006,786,2006,804,0006,410,7006,289,8006,295,4006,612,4006,590,3007,099,4007,139,9007,704,8007,762,8009,160,1569,340,5019,805,9769,537,2009,685,36910,025,41910,463,56110,356,10010,132,4879,235,4259,186,6988,224,7008,533,9088,544,2338,702,3899,928,90010,160,80510,199,54010,500,31210,035,96810,347,92810,756,27811,859,24712,828,73112,878,82312,652,16312,910,93712,637,53613,582,7149,013,55410,057,036
   > Total Current Liabilities 
3,837,828
2,584,861
4,404,002
3,813,142
4,311,550
3,918,902
3,693,323
3,727,717
3,861,701
3,248,518
3,075,663
2,738,475
3,390,672
3,246,474
3,206,708
3,660,300
2,855,620
2,834,192
3,050,502
2,724,100
3,796,753
3,204,885
3,597,925
4,084,700
4,011,192
3,664,302
3,446,466
3,398,100
3,762,178
3,657,826
5,141,334
3,192,600
3,341,600
2,849,700
2,516,800
2,775,200
2,882,300
2,974,300
2,949,800
2,619,400
2,806,200
2,808,900
2,758,100
2,569,100
2,628,000
2,529,400
2,736,600
2,786,200
2,626,700
2,649,300
2,463,100
2,517,200
2,619,000
3,111,000
3,037,000
2,964,000
3,112,000
2,588,000
3,010,000
3,127,000
3,193,000
3,019,000
2,679,000
2,715,000
2,584,000
3,006,000
3,061,000
2,989,000
3,284,000
2,796,000
2,754,000
2,963,000
2,915,000
2,892,000
2,996,000
3,146,000
3,095,000
2,891,000
2,778,000
2,919,000
2,937,000
2,554,000
2,809,000
2,896,000
3,010,000
3,054,000
2,902,000
3,165,000
3,318,000
3,538,000
3,698,000
3,932,000
4,022,000
3,281,000
3,355,000
3,674,000
3,674,0003,355,0003,281,0004,022,0003,932,0003,698,0003,538,0003,318,0003,165,0002,902,0003,054,0003,010,0002,896,0002,809,0002,554,0002,937,0002,919,0002,778,0002,891,0003,095,0003,146,0002,996,0002,892,0002,915,0002,963,0002,754,0002,796,0003,284,0002,989,0003,061,0003,006,0002,584,0002,715,0002,679,0003,019,0003,193,0003,127,0003,010,0002,588,0003,112,0002,964,0003,037,0003,111,0002,619,0002,517,2002,463,1002,649,3002,626,7002,786,2002,736,6002,529,4002,628,0002,569,1002,758,1002,808,9002,806,2002,619,4002,949,8002,974,3002,882,3002,775,2002,516,8002,849,7003,341,6003,192,6005,141,3343,657,8263,762,1783,398,1003,446,4663,664,3024,011,1924,084,7003,597,9253,204,8853,796,7532,724,1003,050,5022,834,1922,855,6203,660,3003,206,7083,246,4743,390,6722,738,4753,075,6633,248,5183,861,7013,727,7173,693,3233,918,9024,311,5503,813,1424,404,0022,584,8613,837,828
       Short-term Debt 
0
0
0
1,344,516
1,624,623
1,777,331
1,398,361
1,367,045
1,710,905
1,067,032
880,230
650,988
1,274,195
1,237,826
1,171,689
1,769,600
867,412
859,518
152,075
699,500
335,472
368,551
336,638
1,730,000
1,666,665
1,437,120
1,103,968
1,166,500
1,349,797
337,875
1,246,648
1,086,700
710,900
819,900
0
1,068,300
0
0
1,414,400
1,038,300
1,133,800
1,003,800
933,800
752,000
748,400
803,100
1,016,800
1,034,000
863,100
892,800
778,000
601,400
775,000
1,306,000
1,263,000
995,000
1,080,000
664,000
1,099,000
1,184,000
1,137,000
1,278,000
750,000
785,000
783,000
1,141,000
1,199,000
1,062,000
1,342,000
978,000
909,000
934,000
1,001,000
1,047,000
982,000
1,010,000
1,063,000
1,039,000
994,000
938,000
1,043,000
866,000
1,015,000
926,000
986,000
885,000
618,000
584,000
648,000
908,000
1,033,000
1,129,000
1,457,000
1,040,000
580,000
0
0580,0001,040,0001,457,0001,129,0001,033,000908,000648,000584,000618,000885,000986,000926,0001,015,000866,0001,043,000938,000994,0001,039,0001,063,0001,010,000982,0001,047,0001,001,000934,000909,000978,0001,342,0001,062,0001,199,0001,141,000783,000785,000750,0001,278,0001,137,0001,184,0001,099,000664,0001,080,000995,0001,263,0001,306,000775,000601,400778,000892,800863,1001,034,0001,016,800803,100748,400752,000933,8001,003,8001,133,8001,038,3001,414,400001,068,3000819,900710,9001,086,7001,246,648337,8751,349,7971,166,5001,103,9681,437,1201,666,6651,730,000336,638368,551335,472699,500152,075859,518867,4121,769,6001,171,6891,237,8261,274,195650,988880,2301,067,0321,710,9051,367,0451,398,3611,777,3311,624,6231,344,516000
       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
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
230,000
248,000
270,000
718,000
0
3,774,000
3,722,000
3,321,000
431,000
378,000
482,000
479,000
502,000
471,000
743,000
685,000
994,000
938,000
1,043,000
866,000
1,015,000
454,000
468,000
416,000
438,000
404,000
466,000
420,000
591,000
462,000
540,000
590,000
624,000
470,000
470,000624,000590,000540,000462,000591,000420,000466,000404,000438,000416,000468,000454,0001,015,000866,0001,043,000938,000994,000685,000743,000471,000502,000479,000482,000378,000431,0003,321,0003,722,0003,774,0000718,000270,000248,000230,00000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
914,729
0
0
0
936,162
0
1,606,300
0
824,845
0
0
0
784,200
1,652,400
1,602,400
1,670,300
849,100
1,679,700
1,499,600
1,823,600
962,400
1,960,819
1,867,226
2,006,842
913,900
2,141,462
0
1,873,923
803,400
1,665,100
1,955,500
0
579,600
0
0
0
1,473,000
0
0
0
1,697,100
0
0
0
1,678,700
1,720,800
0
0
1,066,400
1,804,000
1,776,000
1,732,000
1,136,000
1,866,000
1,743,000
1,662,000
1,097,000
1,702,000
1,638,000
1,717,000
1,203,000
1,715,000
1,754,000
1,746,000
1,239,000
1,791,000
1,701,000
1,722,000
1,337,000
1,842,000
1,786,000
1,828,000
1,382,000
1,892,000
1,745,000
1,653,000
1,332,000
1,681,000
1,572,000
1,614,000
1,314,000
1,911,000
2,008,000
2,129,000
1,704,000
2,413,000
2,342,000
2,318,000
1,831,000
2,389,000
2,073,000
2,054,000
1,582,000
1,582,0002,054,0002,073,0002,389,0001,831,0002,318,0002,342,0002,413,0001,704,0002,129,0002,008,0001,911,0001,314,0001,614,0001,572,0001,681,0001,332,0001,653,0001,745,0001,892,0001,382,0001,828,0001,786,0001,842,0001,337,0001,722,0001,701,0001,791,0001,239,0001,746,0001,754,0001,715,0001,203,0001,717,0001,638,0001,702,0001,097,0001,662,0001,743,0001,866,0001,136,0001,732,0001,776,0001,804,0001,066,400001,720,8001,678,7000001,697,1000001,473,000000579,60001,955,5001,665,100803,4001,873,92302,141,462913,9002,006,8421,867,2261,960,819962,4001,823,6001,499,6001,679,700849,1001,670,3001,602,4001,652,400784,200000824,84501,606,3000936,162000914,729000
       Other Current Liabilities 
0
1,795,000
0
1,553,896
2,686,927
2,141,571
2,294,961
859,538
2,150,795
2,181,485
2,195,433
777,704
2,116,477
2,008,648
2,035,019
1,890,700
1,988,207
1,974,674
2,898,427
2,024,600
3,461,281
2,836,334
3,261,287
2,354,700
383,708
359,956
335,656
2,231,600
270,919
3,319,951
2,020,763
2,105,900
859,200
74,300
1,931,300
1,706,900
1,779,300
1,524,600
1,535,400
108,100
1,672,400
1,805,100
1,824,300
120,000
1,879,600
1,726,300
1,719,800
73,500
1,720,800
1,756,500
1,685,100
810,300
1,804,000
1,776,000
1,732,000
817,000
1,866,000
1,743,000
1,662,000
796,000
1,702,000
1,638,000
1,717,000
680,000
1,715,000
1,754,000
1,746,000
612,000
1,791,000
1,701,000
1,722,000
610,000
1,842,000
1,786,000
1,828,000
662,000
1,892,000
1,745,000
1,653,000
601,000
1,681,000
1,572,000
1,614,000
26,000
60,000
141,000
124,000
18,000
257,000
288,000
347,000
972,000
176,000
168,000
2,202,000
97,000
97,0002,202,000168,000176,000972,000347,000288,000257,00018,000124,000141,00060,00026,0001,614,0001,572,0001,681,000601,0001,653,0001,745,0001,892,000662,0001,828,0001,786,0001,842,000610,0001,722,0001,701,0001,791,000612,0001,746,0001,754,0001,715,000680,0001,717,0001,638,0001,702,000796,0001,662,0001,743,0001,866,000817,0001,732,0001,776,0001,804,000810,3001,685,1001,756,5001,720,80073,5001,719,8001,726,3001,879,600120,0001,824,3001,805,1001,672,400108,1001,535,4001,524,6001,779,3001,706,9001,931,30074,300859,2002,105,9002,020,7633,319,951270,9192,231,600335,656359,956383,7082,354,7003,261,2872,836,3343,461,2812,024,6002,898,4271,974,6741,988,2071,890,7002,035,0192,008,6482,116,477777,7042,195,4332,181,4852,150,795859,5382,294,9612,141,5712,686,9271,553,89601,795,0000
   > Long-term Liabilities 
6,219,207
6,428,693
9,178,712
8,824,395
8,599,387
8,733,262
9,185,501
9,101,014
7,997,546
7,507,760
7,272,265
7,297,494
7,109,640
6,953,066
6,954,097
6,268,600
5,846,769
5,710,041
5,483,406
5,500,600
5,389,944
6,030,540
6,534,562
6,271,400
6,452,369
6,361,117
6,238,903
6,139,100
6,043,798
5,682,675
4,018,821
4,570,200
4,363,200
4,290,200
0
3,815,100
0
0
3,340,000
3,791,300
3,997,800
3,977,300
4,086,100
4,212,900
4,240,400
4,161,300
4,193,800
4,253,100
4,513,500
4,758,600
5,366,900
5,300,400
5,337,000
4,690,000
4,794,000
4,517,000
5,012,000
5,178,000
4,813,000
4,483,000
4,529,000
4,265,000
4,224,000
4,133,000
3,965,000
3,467,000
3,391,000
3,469,000
3,132,000
3,132,000
2,869,000
2,752,000
2,720,000
2,800,000
2,909,000
2,971,000
3,978,000
5,130,000
4,797,000
4,712,000
4,516,000
5,187,000
5,015,000
5,743,000
5,416,000
5,362,000
5,265,000
5,194,000
4,877,000
4,813,000
4,723,000
4,488,000
4,610,000
5,789,000
5,865,000
6,192,000
6,192,0005,865,0005,789,0004,610,0004,488,0004,723,0004,813,0004,877,0005,194,0005,265,0005,362,0005,416,0005,743,0005,015,0005,187,0004,516,0004,712,0004,797,0005,130,0003,978,0002,971,0002,909,0002,800,0002,720,0002,752,0002,869,0003,132,0003,132,0003,469,0003,391,0003,467,0003,965,0004,133,0004,224,0004,265,0004,529,0004,483,0004,813,0005,178,0005,012,0004,517,0004,794,0004,690,0005,337,0005,300,4005,366,9004,758,6004,513,5004,253,1004,193,8004,161,3004,240,4004,212,9004,086,1003,977,3003,997,8003,791,3003,340,000003,815,10004,290,2004,363,2004,570,2004,018,8215,682,6756,043,7986,139,1006,238,9036,361,1176,452,3696,271,4006,534,5626,030,5405,389,9445,500,6005,483,4065,710,0415,846,7696,268,6006,954,0976,953,0667,109,6407,297,4947,272,2657,507,7607,997,5469,101,0149,185,5018,733,2628,599,3878,824,3959,178,7126,428,6936,219,207
       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
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
3,313,000
3,082,000
3,039,000
3,010,000
2,792,000
2,864,000
4,088,000
4,182,000
0
04,182,0004,088,0002,864,0002,792,0003,010,0003,039,0003,082,0003,313,000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
979,000
0
0
0
978,400
0
0
0
902,400
1,162,700
1,127,700
1,051,800
851,900
943,800
897,100
940,000
841,300
933,900
921,300
986,000
1,265,100
1,108,900
999,200
635,300
626,000
640,400
557,200
578,600
399,700
509,900
502,200
522,900
473,600
533,700
558,000
527,400
495,000
503,800
498,500
484,100
513,800
499,600
499,100
502,500
617,400
620,000
599,000
592,000
515,000
552,000
630,000
631,000
689,000
657,000
664,000
618,000
539,000
525,000
516,000
552,000
611,000
596,000
620,000
602,000
540,000
506,000
637,000
665,000
705,000
684,000
1,304,000
1,289,000
1,482,000
1,370,000
1,573,000
1,548,000
1,921,000
1,794,000
1,840,000
1,800,000
1,881,000
1,795,000
1,774,000
1,713,000
1,694,000
0
0
1,683,000
0
01,683,000001,694,0001,713,0001,774,0001,795,0001,881,0001,800,0001,840,0001,794,0001,921,0001,548,0001,573,0001,370,0001,482,0001,289,0001,304,000684,000705,000665,000637,000506,000540,000602,000620,000596,000611,000552,000516,000525,000539,000618,000664,000657,000689,000631,000630,000552,000515,000592,000599,000620,000617,400502,500499,100499,600513,800484,100498,500503,800495,000527,400558,000533,700473,600522,900502,200509,900399,700578,600557,200640,400626,000635,300999,2001,108,9001,265,100986,000921,300933,900841,300940,000897,100943,800851,9001,051,8001,127,7001,162,700902,400000978,400000979,0000000000
       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
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
304,000
274,000
304,000
292,000
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
000000000000000000000000000000292,000304,000274,000304,00000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
6,069,586
6,648,574
8,740,766
8,594,559
8,435,293
8,648,824
9,388,904
10,010,891
8,787,610
8,812,499
7,638,320
8,164,277
8,164,538
8,119,828
8,209,222
7,952,900
7,898,995
7,908,086
7,992,597
8,051,100
7,669,077
7,468,118
7,623,090
7,645,300
7,493,848
7,534,951
7,579,728
7,799,600
7,639,722
8,052,297
7,594,719
7,476,100
7,016,600
7,665,000
6,995,000
5,594,000
5,382,300
5,518,800
4,968,100
5,124,300
5,206,600
5,457,100
5,731,300
6,202,900
6,318,100
6,229,200
5,934,500
5,872,700
5,906,700
5,560,900
5,735,000
5,784,500
5,772,000
5,261,000
5,381,000
5,213,000
5,286,000
5,093,000
5,241,000
5,070,000
5,336,000
4,994,000
4,923,000
5,388,000
5,500,000
5,492,000
5,624,000
5,806,000
5,914,000
5,612,000
5,799,000
6,008,000
6,142,000
6,043,000
6,436,000
6,714,000
6,522,000
6,720,000
6,875,000
7,429,000
7,017,000
7,244,000
7,243,000
8,808,000
8,709,000
9,206,000
9,770,000
10,683,000
10,725,000
11,349,000
12,489,000
12,532,000
11,687,000
11,066,000
11,068,000
10,985,000
10,985,00011,068,00011,066,00011,687,00012,532,00012,489,00011,349,00010,725,00010,683,0009,770,0009,206,0008,709,0008,808,0007,243,0007,244,0007,017,0007,429,0006,875,0006,720,0006,522,0006,714,0006,436,0006,043,0006,142,0006,008,0005,799,0005,612,0005,914,0005,806,0005,624,0005,492,0005,500,0005,388,0004,923,0004,994,0005,336,0005,070,0005,241,0005,093,0005,286,0005,213,0005,381,0005,261,0005,772,0005,784,5005,735,0005,560,9005,906,7005,872,7005,934,5006,229,2006,318,1006,202,9005,731,3005,457,1005,206,6005,124,3004,968,1005,518,8005,382,3005,594,0006,995,0007,665,0007,016,6007,476,1007,594,7198,052,2977,639,7227,799,6007,579,7287,534,9517,493,8487,645,3007,623,0907,468,1187,669,0778,051,1007,992,5977,908,0867,898,9957,952,9008,209,2228,119,8288,164,5388,164,2777,638,3208,812,4998,787,61010,010,8919,388,9048,648,8248,435,2938,594,5598,740,7666,648,5746,069,586
   Common Stock
0
1,279,809
1,577,195
1,580,669
1,582,599
1,538,301
1,677,903
1,716,741
1,541,963
1,527,070
1,527,743
1,530,983
1,465,069
1,466,288
1,467,960
1,469,300
1,467,959
1,421,841
1,423,068
1,423,300
1,381,573
1,382,100
1,380,613
1,382,100
1,341,528
1,343,154
1,340,825
1,342,200
1,342,200
1,342,200
1,342,574
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,200
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
6,522,000
1,419,000
1,419,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
1,342,000
0
01,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,419,0001,419,0006,522,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,0001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,2001,342,5741,342,2001,342,2001,342,2001,340,8251,343,1541,341,5281,382,1001,380,6131,382,1001,381,5731,423,3001,423,0681,421,8411,467,9591,469,3001,467,9601,466,2881,465,0691,530,9831,527,7431,527,0701,541,9631,716,7411,677,9031,538,3011,582,5991,580,6691,577,1951,279,8090
   Retained Earnings 
4,493,859
4,914,781
5,240,877
5,429,610
5,256,587
5,414,933
6,126,532
5,566,964
5,677,109
5,810,773
4,815,849
5,303,993
5,603,683
5,663,739
5,728,149
5,448,800
5,610,765
5,663,988
5,799,654
5,211,000
5,612,561
5,878,494
5,649,316
5,527,400
5,264,864
5,309,871
5,165,903
4,512,400
4,961,700
5,105,000
4,657,200
4,749,500
4,250,400
4,273,700
4,154,300
2,768,800
2,057,200
1,689,300
1,164,100
2,079,600
2,552,700
2,717,900
2,910,300
3,205,500
3,361,100
3,299,600
3,250,100
2,961,200
3,373,800
3,203,000
3,281,100
3,409,500
3,378,000
3,150,000
3,232,000
3,144,000
3,225,000
2,984,000
3,110,000
2,902,000
3,026,000
2,920,000
3,047,000
3,495,000
3,613,000
3,478,000
3,598,000
3,650,000
3,762,000
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   Capital Surplus 
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   Other Stockholders Equity 
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Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue9,396,000
Cost of Revenue-6,133,000
Gross Profit3,263,0003,263,000
 
Operating Income (+$)
Gross Profit3,263,000
Operating Expense-9,303,000
Operating Income93,000-6,040,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative883,000
Selling And Marketing Expenses0
Operating Expense9,303,000883,000
 
Net Interest Income (+$)
Interest Income70,000
Interest Expense-188,000
Other Finance Cost-22,000
Net Interest Income-140,000
 
Pretax Income (+$)
Operating Income93,000
Net Interest Income-140,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-495,00093,000
EBIT - interestExpense = -188,000
-357,000
-169,000
Interest Expense188,000
Earnings Before Interest and Taxes (EBIT)0-307,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-495,000
Tax Provision--64,000
Net Income From Continuing Ops-431,000-431,000
Net Income-357,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0140,000
 

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Stora Enso Oyj R.

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: 13.46 < 13.54 < 14.00.

The bearish price targets are: 12.90 > 12.64 > 12.63.

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Stora Enso Oyj R 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 Stora Enso Oyj R. The current mas is .

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

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

Stora Enso Oyj R 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 Stora Enso Oyj R. The current macd is 0.36260643.

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 Stora Enso Oyj R price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Stora Enso Oyj R. 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 Stora Enso Oyj R 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
Stora Enso Oyj R Daily Moving Average Convergence/Divergence (MACD) ChartStora Enso Oyj R 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 Stora Enso Oyj R. The current adx is 26.61.

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 Stora Enso Oyj R 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.
Stora Enso Oyj R 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 Stora Enso Oyj R. The current sar is 12.29.

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
Stora Enso Oyj R 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 Stora Enso Oyj R. The current rsi is 74.17. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Stora Enso Oyj R Daily Relative Strength Index (RSI) ChartStora Enso Oyj R 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 Stora Enso Oyj R. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 2/(-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 Stora Enso Oyj R price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Stora Enso Oyj R Daily Stochastic Oscillator ChartStora Enso Oyj R 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 Stora Enso Oyj R. The current cci is 122.06.

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
Stora Enso Oyj R Daily Commodity Channel Index (CCI) ChartStora Enso Oyj R 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 Stora Enso Oyj R. The current cmo is 64.83.

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
Stora Enso Oyj R Daily Chande Momentum Oscillator (CMO) ChartStora Enso Oyj R 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 Stora Enso Oyj R. The current willr is -6.75675676.

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
Stora Enso Oyj R Daily Williams %R ChartStora Enso Oyj R 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 Stora Enso Oyj R.

Stora Enso Oyj R 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 Stora Enso Oyj R. The current atr is 0.29534379.

Stora Enso Oyj R Daily Average True Range (ATR) ChartStora Enso Oyj R 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 Stora Enso Oyj R. The current obv is -43,393,071.

Stora Enso Oyj R Daily On-Balance Volume (OBV) ChartStora Enso Oyj R 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 Stora Enso Oyj R. The current mfi is 76.73.

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

  • MFI > 50: +1
Stora Enso Oyj R Daily Money Flow Index (MFI) ChartStora Enso Oyj R Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Stora Enso Oyj R.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-16MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29DMI 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
2023-12-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-05DMI 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
2023-12-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR 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
2023-12-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
2023-12-15DMI 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12STOCH 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).
2024-01-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-16DMI 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
2024-01-17BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-19ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH 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).
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09STOCH 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
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH 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).
2024-02-14BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
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).
2024-02-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-07STOCH 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).
2024-03-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside

6.3. Candlestick Patterns

Stora Enso Oyj R Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Stora Enso Oyj R based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5074.174
Ma 20Greater thanMa 5012.039
Ma 50Greater thanMa 10011.649
Ma 100Greater thanMa 20011.907
OpenGreater thanClose12.910
Total4/5 (80.0%)
Penke

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