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 Concludes U.S. Plea Deal Following Bribery Allegations
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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
Trading Information
- Previous Close Price
- $6.63
- Day Range
- $6.30–6.30
- 52-Week Range
- $4.33–6.67
- Bid/Ask
- $6.34 / $6.96
- Market Cap
- $20.99 Bil
- Volume/Avg
- 5,988 / 504,461
Key Statistics
- Price/Earnings (Normalized)
- 13.11
- Price/Sales
- 0.90
- Dividend Yield (Trailing)
- 3.96%
- Dividend Yield (Forward)
- 3.96%
- Total Yield
- 3.96%
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) | 13.11 | 11.97 |
Price/Book Value | 2.66 | 4.22 |
Price/Sales | 0.90 | 3.52 |
Price/Cash Flow | 11.43 | 11.92 |
Price/Earnings
ERIXF
CSCO
Financial Strength
Metric
|
ERIXF
|
CSCO
|
---|---|---|
Quick Ratio | 0.90 | 0.68 |
Current Ratio | 1.14 | 0.89 |
Interest Coverage | −9.36 | 19.46 |
Quick Ratio
ERIXF
CSCO
Profitability
Metric
|
ERIXF
|
CSCO
|
---|---|---|
Return on Assets (Normalized) | 2.10% | 15.60% |
Return on Equity (Normalized) | 6.02% | 36.40% |
Return on Invested Capital (Normalized) | 4.92% | 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
| Lqdprlrwcq | Xzyj | $192.9 Bil | |||
Motorola Solutions Inc
MSI
| Bvrdkrbnv | Bdhyb | $65.7 Bil | |||
Hewlett Packard Enterprise Co
HPE
| Mlwpftfzl | Jqx | $25.7 Bil | |||
Telefonaktiebolaget L M Ericsson ADR
ERIC
| Njbchgtzh | Lwg | $22.1 Bil | |||
Nokia Oyj
NOKBF
| — | Dtgb | $21.1 Bil | |||
Nokia Oyj ADR
NOK
| Mfrwxjlw | Fwq | $21.1 Bil | |||
Zebra Technologies Corp Class A
ZBRA
| Cxkhpxhh | Vcqcpk | $16.8 Bil | |||
ZTE Corp Class H
ZTCOF
| — | Gtmyr | $16.7 Bil | |||
EchoStar Corp Class A
SATS
| Yjyp | Htkl | $5.5 Bil |