Telefonaktiebolaget L M Ericsson (OSTO:ERIC A) Growth Rank : 4 (As of Mar. 15, 2025)

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What is Telefonaktiebolaget L M Ericsson Growth Rank?

Telefonaktiebolaget L M Ericsson has the Growth Rank of 4.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability, rated on a scale from 1 to 10. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

A higher score reflects a greater ability to drive business growth, with companies considered to have strong and sustainable expansion potential. Conversely, a lower score indicates challenges in achieving consistent growth and scalability.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.

Competitive Comparison of Telefonaktiebolaget L M Ericsson's Growth Rank

For the Communication Equipment subindustry, Telefonaktiebolaget L M Ericsson's Growth Rank, along with its competitors' market caps and Growth Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Telefonaktiebolaget L M Ericsson's Growth Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Telefonaktiebolaget L M Ericsson's Growth Rank distribution charts can be found below:

* The bar in red indicates where Telefonaktiebolaget L M Ericsson's Growth Rank falls into.

Telefonaktiebolaget L M Ericsson Growth Rank Related Terms

Thank you for viewing the detailed overview of Telefonaktiebolaget L M Ericsson's Growth Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Telefonaktiebolaget L M Ericsson Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telefonaktiebolaget L M Ericsson (OSTO:ERIC A) » Definitions » Growth Rank

Comparable Companies

Traded in Other Exchanges

ERIXF:USA ERIC:USA ERIC B:Sweden ERIC:Mexico 1ERICB:Italy ERICBs:UK 0O87:UK 0O86:UK ERIBR:Finland ERCB:Germany E1RI34:Brazil ERIC:Argentina

Address

Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83

Website

https://www.ericsson.com

Ericsson provides telecom equipment and services that are primarily used to build and operate mobile networks. The firm divides its business into three segments: networks, cloud and software services, and enterprise. Wireless carriers have traditionally been the firm's primary customers, but it is pushing to cater more to enterprises as well, as both try to take advantage of 5G capabilities and utilize "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers.

Telefonaktiebolaget L M Ericsson Headlines

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