Ericsson's third-quarter net sales rose 6%, and EBITA margin expanded 4 percentage points year over year. Networks grew 9%, the first sales growth in over a year, buoyed by cellular hardware wins and intellectual property licensing.
Ericsson retains a dominant position in the US, which is the most profitable market for wireless networking equipment providers.
Carriers continue to try to commoditize portions of Ericsson’s product offerings. The latest attempt, ORAN, threatens to disaggregate software and hardware, making it easier for carriers to play vendors off each other.
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Metric
|
ERIC
|
NOK
|
CSCO
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.48 | 14.25 | 24.66 |
Price/Book Value | 3.14 | 1.89 | 8.36 |
Price/Sales | 1.44 | 1.94 | 6.71 |
Price/Cash Flow | 11.68 | 15.14 | 22.92 |
|
Metric
|
ERIC
|
NOK
|
CSCO
|
|---|---|---|---|
Quick Ratio | 0.90 | 1.18 | 0.64 |
Current Ratio | 1.16 | 1.46 | 0.93 |
Interest Coverage | 9.64 | — | 11.30 |
|
Metric
|
ERIC
|
NOK
|
CSCO
|
|---|---|---|---|
Return on Assets (Normalized) | 6.68% | 5.66% | 13.87% |
Return on Equity (Normalized) | 18.21% | 10.10% | 35.85% |
Return on Invested Capital (Normalized) | 13.22% | 7.13% | 22.89% |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
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United States