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Alcadon Group AB
(ALCA)
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Rating:55Neutral
Price Target:
kr32.00
▲(2.89% Upside)
Action:Reiterated
Date:08/06/26
The score is driven primarily by mixed financial performance: strong and improving free cash flow and manageable leverage are meaningful positives, but revenue declines and a return to net losses (negative ROE) materially weaken the outlook. Technical signals are mostly neutral with slightly negative intermediate-term trend cues, while valuation is penalized because a negative P/E reflects loss-making earnings and no dividend yield data is available to offset that.
Positive Factors
Strong free cash flow
Consistent, growing free cash flow (~130.6M, +15.8% TTM) provides durable internal funding for debt reduction, working capital and selective reinvestment. For a distribution business, reliable FCF cushions cyclical demand swings and supports strategic priorities without immediate reliance on external financing.
Negative Factors
Declining revenue
Top-line contraction (TTM -3.9%, 2025 -10.6%) reduces scale economics and undermines operating leverage in a business where volume drives margins. Persistent revenue weakness constrains the ability to absorb fixed costs, fund growth initiatives, and convert product mix improvements into sustained profit recovery.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong free cash flow
Consistent, growing free cash flow (~130.6M, +15.8% TTM) provides durable internal funding for debt reduction, working capital and selective reinvestment. For a distribution business, reliable FCF cushions cyclical demand swings and supports strategic priorities without immediate reliance on external financing.
Read all positive factors
Alcadon Group AB (ALCA) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr769.65M
Dividend YieldN/A
Average Volume (3M)9.35K
Price to Earnings (P/E)―
Beta (1Y)-0.04
Revenue Growth-10.58%
EPS Growth-127.66%
CountrySE
Employees174
SectorGeneral
Sector StrengthN/A
IndustryCommunication Equipment
Share Statistics
EPS (TTM)-0.36
Shares Outstanding24,511,026
10 Day Avg. Volume7,915
30 Day Avg. Volume9,352
Financial Highlights & Ratios
PEG Ratio0.42
Price to Book (P/B)0.80
Price to Sales (P/S)0.43
P/FCF Ratio6.07
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)2.81
Revenue Forecast (FY)kr1.39B
Alcadon Group AB Business Overview & Revenue Model
Company Description
Alcadon Group AB (publ), founded in 1988 and headquartered in Stockholm, Sweden, specializes in providing a full spectrum of data and telecommunications infrastructure solutions across Sweden, Norway, Denmark, and Germany. The company offers a div...
How the Company Makes Money
Alcadon makes money primarily by selling network infrastructure products and solutions to business customers that build and maintain communications networks (e.g., installers/contractors, network operators, and other professional customers). The c...
Alcadon Group AB Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
63
Positive
Cash Flow
72
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.44B | 1.43B | 1.60B | 1.57B | 1.11B | 736.47M |
| Gross Profit | 430.90M | 72.40M | 405.80M | 384.23M | 283.60M | 207.27M |
| EBITDA | 115.30M | 116.30M | 130.10M | 127.50M | 83.66M | 77.02M |
| Net Income | -8.70M | -11.10M | 36.90M | 37.86M | 37.07M | 47.20M |
Balance Sheet | ||||||
| Total Assets | 1.52B | 1.51B | 1.70B | 1.58B | 1.66B | 722.80M |
| Cash, Cash Equivalents and Short-Term Investments | 83.00M | 66.00M | 57.90M | 62.52M | 101.26M | 28.37M |
| Total Debt | 362.30M | 408.00M | 420.50M | 412.15M | 548.36M | 180.17M |
| Total Liabilities | 732.30M | 744.30M | 844.90M | 911.48M | 1.09B | 382.09M |
| Stockholders Equity | 788.90M | 767.30M | 856.20M | 669.46M | 575.14M | 340.47M |
Cash Flow | ||||||
| Free Cash Flow | 130.60M | 101.00M | 119.30M | 130.40M | 12.30M | 12.93M |
| Operating Cash Flow | 133.60M | 102.80M | 125.00M | 136.65M | 24.08M | 18.42M |
| Investing Cash Flow | -42.00M | -40.60M | -178.30M | -50.52M | -259.02M | -49.54M |
| Financing Cash Flow | -50.90M | -54.00M | 45.30M | -125.00M | 306.43M | 53.87M |
Alcadon Group AB Technical Analysis
Positive
31.10
Price Trends
31.73
Negative
32.33
Negative
28.12
Positive
Market Momentum
-0.04
Negative
51.64
Neutral
75.93
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ALCA, the sentiment is Positive. The current price of 31.1 is below the 20-day moving average (MA) of 31.15, below the 50-day MA of 31.73, and above the 200-day MA of 28.12, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 51.64 is Neutral, neither overbought nor oversold. The STOCH value of 75.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:ALCA.
Alcadon Group AB Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | kr342.87M | 186.19 | ― | ― | 11.87% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | kr769.65M | -87.22 | ― | ― | -10.58% | -127.66% | |
49 Neutral | kr281.83M | -26.41 | -15.67% | ― | -23.66% | -1444.83% | |
44 Neutral | kr293.49M | -13.36 | -17.78% | ― | -31.42% | -179.35% | |
42 Neutral | kr492.73M | -6.31 | -77.33% | ― | -8.74% | -70.62% | |
42 Neutral | kr143.22M | -2.65 | -39.36% | ― | -65.31% | -56.81% |
* General Sector Average
SE:ALCA
Alcadon Group AB
31.60
11.00
53.40%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.