Boliden (BDNNY) AI Stock Analysis

• Market Cap: $10.10B
• Dividend Yield: 1.47%
• Average Volume (3M): 584.00
• Price to Earnings (P/E): 12.8
• Beta (1Y): 0.92
• Revenue Growth: 15.19%
• EPS Growth: 4.19%
• Country: US
• Employees: 7,500
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Industrial Materials
• EPS (TTM): 0.42
• Shares Outstanding: 136,755,500
• 10 Day Avg. Volume: 212
• 30 Day Avg. Volume: 584
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.08
• Enterprise Value/Revenue: 0.12
• Enterprise Value/Gross Profit: 0.83
• Enterprise Value/Ebitda: 0.56
• 1Y Price Target: $76.00
• Price Target Upside: 5.39% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: $76.00 ▲(5.39% Upside)

Boliden's overall stock score is driven by strong technical indicators and a solid financial position. The company's valuation is reasonable, and despite some challenges highlighted in the earnings call, the outlook remains cautiously optimistic. The primary risks include declining revenue growth and market challenges in zinc pricing.

Positive Factors

Strong Cash Flow Generation

Boliden's robust cash flow generation underpins its ability to reinvest in operations and fund strategic initiatives, enhancing long-term financial stability.

Successful Integration of Acquisitions

Effective integration of acquisitions boosts production capacity and operational efficiency, strengthening Boliden's competitive position in the mining sector.

Record Production Levels

Record production levels at Aitik enhance Boliden's ability to meet demand and optimize resource utilization, supporting sustained revenue growth.

Negative Factors

Declining Zinc Prices

Falling zinc prices pressure Boliden's revenue and profitability, challenging the company to maintain margins in a competitive market environment.

Negative Currency Impact

Adverse currency movements can erode earnings and complicate financial planning, impacting Boliden's international competitiveness.

Challenges in Garpenberg Mining

Operational setbacks in Garpenberg could delay production targets and affect resource extraction efficiency, impacting future output and revenue.

Boliden Business Overview & Revenue Model

Company Description

Boliden AB (publ) engages in the exploring, extracting, and processing of base metals and precious metals in Sweden, other Nordic region, Germany, the United Kingdom, the rest of Europe, North America, and internationally. The company operates through two segments, Business Area Mines and Business Area Smelters. It explores for copper, zinc, nickel, lead, gold, silver, cobalt, tellurium, platinum, and palladium deposits. The company operates the Aitik, the Boliden Area, and Garpenberg mines in Sweden; the Tara mine in Ireland; and the Kevitsa mines in Finland. Its products include zinc and lead ingot, copper cathode, gold bar, and silver granule, and other products, such as sulphuric acid; copper, lead, nickel, and zinc concentrates; and by-products, including copper sulphate, zinc clinker, iron sand, copper telluride, selenium, nickel matte, and crude nickel sulphate, as well as palladium, platinum, rhodium, iridium, ruthenium, and osmium concentrates. The company sells its metals primarily to industrial customers, as well as construction, electronics, and automotive industries; and paper manufacturers. Boliden AB (publ) was founded in 1924 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

Boliden generates revenue through the sale of extracted and processed metals. The company's primary revenue streams include the production and sale of zinc, copper, and lead concentrates, as well as refined metals like gold and silver. Boliden's vertically integrated operations allow it to maximize value by controlling the entire process from mining to smelting. Additionally, Boliden benefits from strategic partnerships and long-term contracts with various industrial clients who demand a consistent supply of these essential metals. The company's financial performance is influenced by global metal prices, production efficiencies, and sustainable practices that enhance operational cost-effectiveness.

Boliden Financial Statement Overview

Summary

Boliden demonstrates a stable financial position with strengths in profitability and capital structure. However, the recent decline in revenue growth and pressure on margins are areas of concern. The company shows potential for cash flow improvement, but needs to address revenue growth challenges to enhance its financial performance.

Income Statement

Boliden's income statement shows a mixed performance. The company has experienced a significant decline in revenue growth rate in the TTM period, which is a concern. However, the company maintains decent profitability with a net profit margin of 8.80% and an EBIT margin of 12.67%. The gross profit margin has slightly decreased over time, indicating some pressure on cost management.

Balance Sheet

The balance sheet is relatively strong, with a manageable debt-to-equity ratio of 0.39 in the TTM period, indicating moderate leverage. The return on equity is healthy at 12.10%, reflecting effective use of equity to generate profits. The equity ratio is stable, suggesting a solid capital structure.

Cash Flow

Cash flow analysis reveals a positive trend in free cash flow growth, which increased by 71.40% in the TTM period. The operating cash flow to net income ratio is 0.73, indicating reasonable cash generation relative to net income. However, the free cash flow to net income ratio is relatively low at 0.21, suggesting limited free cash flow relative to profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	91.39B	89.21B	78.55B	86.44B	68.64B	56.32B
Gross Profit	13.05B	12.90B	10.74B	18.15B	12.93B	10.80B
EBITDA	19.25B	20.58B	14.57B	22.07B	16.27B	14.62B
Net Income	8.04B	10.02B	6.07B	12.41B	8.70B	6.80B
Balance Sheet
Total Assets	136.21B	116.19B	101.96B	96.38B	80.55B	72.49B
Cash, Cash Equivalents and Short-Term Investments	7.60B	7.05B	4.98B	12.16B	8.25B	5.06B
Total Debt	27.38B	16.51B	14.58B	11.19B	6.16B	6.15B
Total Liabilities	65.59B	51.18B	45.54B	38.05B	29.67B	26.85B
Stockholders Equity	70.59B	64.99B	56.40B	58.31B	50.87B	45.63B
Cash Flow
Free Cash Flow	3.94B	2.67B	-3.35B	6.37B	7.16B	4.96B
Operating Cash Flow	18.82B	17.66B	12.18B	16.40B	13.14B	11.26B
Investing Cash Flow	-29.27B	-15.00B	-15.54B	-10.07B	-6.00B	-6.30B
Financing Cash Flow	11.00B	-590.00M	-3.83B	-2.42B	-3.96B	-1.27B

Boliden Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 72.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BDNNY, the sentiment is Positive. The current price of 72.11 is above the 20-day moving average (MA) of 69.04, above the 50-day MA of 66.14, and above the 200-day MA of 63.99, indicating a bullish trend. The MACD of 1.67 indicates Negative momentum. The RSI at 62.96 is Neutral, neither overbought nor oversold. The STOCH value of 94.57 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BDNNY.

Boliden Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MTRN	78 Outperform	$2.36B	148.98	1.79%	0.49%	5.55%	-79.38%
VALE	78 Outperform	$45.53B	8.83	13.49%	7.51%	-12.89%	-46.86%
BHP	77 Outperform	$134.91B	15.27	19.51%	4.01%	-7.86%	14.17%
RIO	75 Outperform	$106.18B	9.78	18.18%	5.97%	-0.44%	-4.20%
BDNNY	74 Outperform	$10.10B	12.80	11.67%	1.47%	15.19%	4.19%
Sector *	61 Neutral	$10.48B	7.52	-0.05%	2.87%	2.87%	-36.73%
MP	60 Neutral	$11.16B	―	-9.57%	―	39.42%	-172.40%