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
- $4.92
- Day Range
- $5.18–5.27
- 52-Week Range
- $4.33–6.37
- Bid/Ask
- $5.02 / $5.48
- Market Cap
- $17.25 Bil
- Volume/Avg
- 276 / 276,297
Key Statistics
- Price/Earnings (Normalized)
- 13.53
- Price/Sales
- 0.72
- Dividend Yield (Trailing)
- 4.82%
- Dividend Yield (Forward)
- 4.98%
- Total Yield
- 4.82%
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) | 13.53 | 11.67 |
Price/Book Value | 1.69 | 4.22 |
Price/Sales | 0.72 | 3.44 |
Price/Cash Flow | 10.40 | 12.19 |
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% | 17.02% |
Return on Equity (Normalized) | 6.25% | 38.38% |
Return on Invested Capital (Normalized) | 5.18% | 30.59% |
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 | Fwzwmtfft | Lbgkh | $195.7 Bil | |
MSI
| Motorola Solutions Inc | Jzdydkjr | Vcprl | $57.5 Bil | |
HPE
| Hewlett Packard Enterprise Co | Fkzjbplc | Stcph | $21.9 Bil | |
NOK
| Nokia Oyj ADR | Vwktbhvz | Zvrx | $20.5 Bil | |
NOKBF
| Nokia Oyj | — | Wvst | $19.0 Bil | |
ERIC
| Telefonaktiebolaget L M Ericsson ADR | Nqfjqpy | Jwhz | $17.4 Bil | |
ZTCOF
| ZTE Corp Class H | — | Ldmjh | $16.8 Bil | |
ZBRA
| Zebra Technologies Corp Class A | Pmlszbym | Hnzgmn | $14.0 Bil | |
SATS
| EchoStar Corp Class A | Nhx | Wylh | $4.1 Bil |