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.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if ERIXF is a good fit for your portfolio.
News
-
Ericsson Concludes U.S. Plea Deal Following Bribery Allegations
-
Ericsson posts increase in profits as higher margins offset falling sales
-
Ericsson's Anti-Corruption Program Gets Certified, Paving Way for Completion of U.S. Plea Deal
-
Ericsson to lay off 1,200 employees in Sweden amid mobile markets' slump
-
Ericsson says infrastructure investment slump will continue to impact its sales in 2024
-
FTSE 100 pushes higher despite sharper-than-expected drop in U.K. December retail sales
-
'Downcycle not over.' Nokia, Ericsson shares tumble after downgrades at Barclays.
-
Nokia Gets New Network Deal From Deutsche Telekom in Germany
Trading Information
- Previous Close Price
- $5.92
- Day Range
- $5.85–5.90
- 52-Week Range
- $4.33–6.37
- Bid/Ask
- $5.71 / $6.02
- Market Cap
- $19.50 Bil
- Volume/Avg
- 1,721 / 417,065
Key Statistics
- Price/Earnings (Normalized)
- 15.47
- Price/Sales
- 0.82
- Dividend Yield (Trailing)
- 4.22%
- Dividend Yield (Forward)
- 4.33%
- Total Yield
- 4.22%
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) | 15.47 | 11.42 |
Price/Book Value | 1.93 | 4.02 |
Price/Sales | 0.82 | 3.36 |
Price/Cash Flow | 11.90 | 11.38 |
Price/Earnings
ERIXF
CSCO
Financial Strength
|
Metric
|
ERIXF
|
CSCO
|
|---|---|---|
Quick Ratio | 0.94 | 0.68 |
Current Ratio | 1.22 | 0.89 |
Interest Coverage | −5.83 | 19.46 |
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
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Cisco Systems Inc
CSCO
| Vybycckmhz | Nzf | $184.1 Bil | |||
| Motorola Solutions Inc
MSI
| Gplvgpqffd | Fwqv | $63.8 Bil | |||
| Hewlett Packard Enterprise Co
HPE
| Jlpsrsqz | Cty | $28.2 Bil | |||
| Nokia Oyj
NOKBF
| — | Xxdjp | $20.2 Bil | |||
| Nokia Oyj ADR
NOK
| Wlthrsgr | Pcmt | $20.2 Bil | |||
| Telefonaktiebolaget L M Ericsson ADR
ERIC
| Sxfwthcj | Sqb | $19.6 Bil | |||
| ZTE Corp Class H
ZTCOF
| — | Kbsx | $17.4 Bil | |||
| Zebra Technologies Corp Class A
ZBRA
| Sbxnpxq | Fkscrg | $15.5 Bil | |||
| EchoStar Corp Class A
SATS
| Gtrw | Sjngb | $4.8 Bil |