ProShares UltraShort Financials (SKF)
ARCA ARCA Primary Summary
SKF Chart
SKF: Swedish Special Situation
SKF's planned spin-off of its Automotive segment will enhance financial performance by removing a lower-margin business. The separation allows each company to focus on its core strengths, improving management effectiveness and strategic clarity. Pure-play companies like the post-spin SKF are easier to analyze, value, and typically avoid the conglomerate discount.
AB SKF: A Strategic Split That Could Drive Long-Term Gains
SKF faces declining demand in key regions and pressure from currency fluctuations, impacting revenue growth despite cost-cutting efforts. The company continues to explore new markets, investing 90% of its R&D budget into high-growth areas like high-speed machinery, aerospace, and electric vehicles. It maintains strong financial health with a high-interest coverage ratio of 47.5x, indicating low insolvency risk even during profitability fluctuations.
SKF: Temporary Friction Preventing Growth, But Valuation Is Very Compelling
SKF is facing short-term growth challenges, with declining sales and weak demand across key markets, particularly in China and North East Asia. Despite a -7.4% organic sales decline in Q2, profitability remains strong, aided by cost-cutting and strategically exiting unprofitable business lines. The company is investing in R&D, decentralizing operations, and planning a spin-off of its vehicle business, potentially unlocking value.
ProShares UltraShort Financials Dividends
| SKF In 2 months Estimated | Other | $0.36 Per Share |
| SKF 1 month ago Paid | Other | $0.36 Per Share |
| SKF 3 months ago Paid | Quarterly | $0.36 Per Share |
| SKF 7 months ago Paid | Quarterly | $0.58 Per Share |
| SKF 10 months ago Paid | Quarterly | $0.59 Per Share |
| SKF 26 Jun 2024 Paid | Quarterly | $1.08 Per Share |
ProShares UltraShort Financials Earnings
| SKF In 2 months Estimated | Other | $0.36 Per Share |
| SKF 1 month ago Paid | Other | $0.36 Per Share |
| SKF 3 months ago Paid | Quarterly | $0.36 Per Share |
| SKF 7 months ago Paid | Quarterly | $0.58 Per Share |
| SKF 10 months ago Paid | Quarterly | $0.59 Per Share |
| SKF 26 Jun 2024 Paid | Quarterly | $1.08 Per Share |
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ProShares UltraShort Financials Profile
| ARCA Exchange | US Country |
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