Telefonaktiebolaget L M Ericsson Class B ERIXF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Ericsson posts increase in profits as higher margins offset falling sales
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Ericsson's Anti-Corruption Program Gets Certified, Paving Way for Completion of U.S. Plea Deal
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Ericsson to lay off 1,200 employees in Sweden amid mobile markets' slump
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Ericsson says infrastructure investment slump will continue to impact its sales in 2024
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FTSE 100 pushes higher despite sharper-than-expected drop in U.K. December retail sales
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'Downcycle not over.' Nokia, Ericsson shares tumble after downgrades at Barclays.
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Nokia Gets New Network Deal From Deutsche Telekom in Germany
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Trending: AT&T Strikes $14 Billion Hardware, Services Deal With Ericsson
Trading Information
- Previous Close Price
- $5.99
- Day Range
- $6.00–6.12
- 52-Week Range
- $4.33–6.37
- Bid/Ask
- $5.88 / $6.25
- Market Cap
- $20.27 Bil
- Volume/Avg
- 2,017 / 432,149
Key Statistics
- Price/Earnings (Normalized)
- 15.65
- Price/Sales
- 0.83
- Dividend Yield (Trailing)
- 4.17%
- Dividend Yield (Forward)
- 4.22%
- Total Yield
- 4.17%
Company Profile
Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other “as-a-service” communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.
- Sector
- Technology
- Industry
- Communication Equipment
- Stock Style Box
- Large Core
- Total Number of Employees
- 99,952
- Website
- https://www.ericsson.com
Competitors
Valuation
Metric
|
ERIXF
|
CSCO
|
---|---|---|
Price/Earnings (Normalized) | 15.65 | 11.52 |
Price/Book Value | 1.96 | 4.06 |
Price/Sales | 0.83 | 3.39 |
Price/Cash Flow | 12.03 | 11.47 |
Price/Earnings
ERIXF
CSCO
Financial Strength
Metric
|
ERIXF
|
CSCO
|
---|---|---|
Quick Ratio | 0.94 | 1.10 |
Current Ratio | 1.22 | 1.37 |
Interest Coverage | −5.83 | 33.76 |
Quick Ratio
ERIXF
CSCO
Profitability
Metric
|
ERIXF
|
CSCO
|
---|---|---|
Return on Assets (Normalized) | 2.26% | 15.60% |
Return on Equity (Normalized) | 6.25% | 36.40% |
Return on Invested Capital (Normalized) | 5.18% | 26.89% |
Return on Assets
ERIXF
CSCO
Communication Equipment Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
CSCO
| Cisco Systems Inc | Xnwlbgwqn | Gryx | $185.8 Bil | |
MSI
| Motorola Solutions Inc | Bkvbccczp | Cdhg | $59.6 Bil | |
HPE
| Hewlett Packard Enterprise Co | Nhpvgxln | Tkqb | $22.9 Bil | |
NOKBF
| Nokia Oyj | — | Qvrsz | $21.2 Bil | |
NOK
| Nokia Oyj ADR | Znbmftws | Bclpf | $21.2 Bil | |
ERIC
| Telefonaktiebolaget L M Ericsson ADR | Gmbjpzmdl | Hbkfw | $20.2 Bil | |
ZTCOF
| ZTE Corp Class H | — | Dvlm | $16.6 Bil | |
ZBRA
| Zebra Technologies Corp Class A | Npczcwx | Fslpk | $16.3 Bil | |
SATS
| EchoStar Corp Class A | Zhwdw | Xlwt | $4.9 Bil |