Aktienanalyse mit Kennzahlen: Die 12 wichtigsten Werte und ihre Fallstricke
Welche Kennzahlen bei der Aktienanalyse wirklich zählen: 12 zentrale Werte, ihre Formeln, Fallstricke und die richtige Reihenfolge für eine belastbare Unternehmensanalyse.
- September 3, 2026
- by Novalis
- 14 minutes read
- 41 Views
Current Ratio vs. Quick Ratio: Testing Short-Term Financial Strength
Current ratio and quick ratio can point in opposite directions. Learn the formulas, inventory and receivables traps, industry context and how to read short-term liquidity without relying on a single.
- September 3, 2026
- by Novalis
- 14 minutes read
- 49 Views
Convertible Debt Explained: Financing Tool or Dilution Time Bomb?
Convertible debt can lower interest expense and delay dilution—or create a brutal share-count spiral. This guide explains conversion prices, dilution math, EPS effects, floating-price notes and the filing red flags.
- September 2, 2026
- by Novalis
- 14 minutes read
- 63 Views
P/E Ratio Explained: When a Low Multiple Is Cheap—and When It Is a Trap
A deep guide to the P/E ratio: trailing vs forward earnings, cyclicality, buybacks, dilution, debt, free cash flow, growth, rates and value traps.
- September 2, 2026
- by Novalis
- 13 minutes read
- 56 Views
How to Analyze a Stock: A Repeatable 12-Step Framework
A practical 12-step stock analysis framework covering the business model, financial statements, cash flow, balance sheet, risk, capital allocation and valuation.
- September 1, 2026
- by Novalis
- 16 minutes read
- 72 Views
Fresenius-Medical-Care-Aktie 2026: Margen steigen, Aktienzahl fällt – ist FME bei 39 Euro endlich wieder ein Value-Titel?
Fresenius Medical Care steigert die bereinigte operative Marge auf 11,7 %, kauft Milliarden an eigenen Aktien zurück und bringt das 5008X-System in den USA aus. Gleichzeitig stagnieren die Behandlungszahlen, China.
- September 1, 2026
- by Novalis
- 16 minutes read
- 71 Views
BASF-Aktie nach dem Coatings-Verkauf: 5,8 Milliarden Euro Cash, Aktienrückkäufe und die große Wette auf China
BASF hat 5,8 Milliarden Euro Cash aus dem Coatings-Verkauf erhalten, die Nettoverschuldung deutlich gesenkt und ein neues Milliarden-Rückkaufprogramm gestartet. Gleichzeitig bindet der neue Verbundstandort Zhanjiang enorme Mittel. Was bedeutet diese.
- August 31, 2026
- by Novalis
- 12 minutes read
- 51 Views
SiriusXM Stock After Q2 2026: The Cash Flow Is Real — but Is $9.5 Billion of Debt Still Too Much?
SiriusXM raised guidance after Q2 as free cash flow jumped 48% and churn hit a record low. I test whether the stock is genuinely cheap or still a leveraged value.
- August 31, 2026
- by Novalis
- 14 minutes read
- 85 Views
American Eagle Stock 2026: Aerie +19%, Tariff Refund & Valuation
American Eagle Outfitters looks like an old-line apparel retailer until you separate the brands. Aerie now earns more than twice American Eagle's segment profit on less revenue — just as.
- August 30, 2026
- by Novalis
- 15 minutes read
- 58 Views
PayPal Stock After the 13% Crash: The Buyout Is Gone. What Is PYPL Worth Now?
PayPal stock fell 12.7% after Stripe and Advent abandoned their takeover pursuit. The deal premium is gone; now PYPL has to be valued on cash flow, checkout economics, Venmo, buybacks.
