What is the price-to-earnings ratio of Concentric?
The price-earnings ratio of Concentric is currently 2.02.
Concentric P/S 2024
Concentric P/S
2.02
Ticker
COIC.ST
ISIN
SE0003950864
WKN
A1JBXB
As of Sep 28, 2024, Concentric's P/S ratio stood at 2.02, a 9.78% change from the 1.84 P/S ratio recorded in the previous year.
The Concentric P/S history
Concentric Aktienanalyse
What does Concentric do?
Concentric AB is a Swedish company specializing in the manufacturing and supply of hydraulic systems and solutions for commercial vehicles and other mobile applications. It was founded in 1999 and has its headquarters in Mölndal, Sweden. The company operates 13 production facilities worldwide. Concentric was originally part of the Swedish SKF Group until it became independent in 2008 and listed on the Stockholm Stock Exchange. Since its founding, the company has experienced strong growth and has become a leading brand in the hydraulic systems market. The company's business model is based on delivering high-quality hydraulic products and systems for vehicles and mobile applications such as construction machinery, agricultural vehicles, and forestry machines. Concentric specializes in pumps, motors, valves, and other hydraulic components, providing performance and efficiency solutions for vehicles and machines. Concentric is divided into three main divisions: Mobile Technology, Industrial Technology, and Cylinders. The Mobile Technology division supplies hydraulic pumps, motors, and valves for commercial vehicles, ships, and other mobile machines. The Industrial Technology division focuses on manufacturing hydraulic products for various industrial applications such as pressure and injection molding machines. The Cylinder division specializes in hydraulic cylinders for various applications such as construction, mining, and forestry machinery. The company offers a wide range of products, including hydraulic pumps, valves, motors, and cylinders. The hydraulic pumps are designed for use in various mobile applications, providing high performance and efficiency. The valves control the flow of fluids in hydraulic systems, ensuring reliable machine control. The hydraulic motors offer high performance and efficiency, designed for use in various mobile applications. The hydraulic cylinders are designed for use in various industrial and commercial vehicle applications such as construction machinery, mining, and forestry machinery, providing high performance, durability, and safety. In summary, Concentric AB is a significant player in the hydraulic systems industry, offering a wide range of products for mobile applications and various industrial and vehicle applications. The company has a successful growth history and is known in the industry for its high-quality standards and innovative solutions. Concentric ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Concentric's P/S Ratio
Concentric's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Concentric's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Concentric's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Concentric’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about Concentric stock
How has the price-earnings ratio of Concentric changed compared to last year?
The price-to-earnings ratio of Concentric has increased by 9.78% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Concentric high compared to other companies?
Yes, the price-to-earnings ratio of Concentric is high compared to other companies.
How does an increase in the price-earnings ratio of Concentric affect the company?
An increase in the price-earnings ratio of Concentric would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Concentric affect the company?
A decrease in the price-earnings ratio of Concentric would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Concentric?
Some factors that influence the price-earnings ratio of Concentric are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Concentric pay?
Over the past 12 months, Concentric paid a dividend of 4 SEK . This corresponds to a dividend yield of about 1.81 %. For the coming 12 months, Concentric is expected to pay a dividend of 4.62 SEK.
What is the dividend yield of Concentric?
The current dividend yield of Concentric is 1.81 %.
When does Concentric pay dividends?
Concentric pays a quarterly dividend. This is distributed in the months of May, May, May, May.
How secure is the dividend of Concentric?
Concentric paid dividends every year for the past 15 years.
What is the dividend of Concentric?
For the upcoming 12 months, dividends amounting to 4.62 SEK are expected. This corresponds to a dividend yield of 2.09 %.
In which sector is Concentric located?
Concentric is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Concentric kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Concentric from 4/25/2024 amounting to 4.25 SEK, you needed to have the stock in your portfolio before the ex-date on 4/19/2024.
When did Concentric pay the last dividend?
The last dividend was paid out on 4/25/2024.
What was the dividend of Concentric in the year 2023?
In the year 2023, Concentric distributed 3.75 SEK as dividends.
In which currency does Concentric pay out the dividend?
The dividends of Concentric are distributed in SEK.
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Andere Kennzahlen von Concentric
Our stock analysis for Concentric Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Concentric Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
