tiprankstipranks
Trending News
More News >
Addnode Group AB Class B (SE:ANOD.B)
:ANOD.B

Addnode Group AB Class B (ANOD.B) AI Stock Analysis

Compare
0 Followers

Top Page

SE

Addnode Group AB Class B

(Frankfurt:ANOD.B)

Rating:75Outperform
Price Target:
kr108.00
▲(4.65%Upside)
Addnode Group AB's stock score reflects strong financial performance with a solid balance sheet and robust revenue growth. However, the valuation appears high, and technical indicators suggest mixed market sentiment. The absence of recent earnings call insights or significant corporate events limits further analysis.

Addnode Group AB Class B (ANOD.B) vs. iShares MSCI Sweden ETF (EWD)

Addnode Group AB Class B Business Overview & Revenue Model

Company DescriptionAddnode Group AB Class B (ANOD.B) is a Swedish technology company specializing in digital solutions that drive transformation in various industries. The company operates through two main segments: Design Management and Product Lifecycle Management (PLM). It offers software and services that support clients in enhancing their operational efficiencies, improving design processes, and managing product information across the lifecycle. Addnode Group serves a broad range of sectors, including architecture, engineering, construction, manufacturing, and government.
How the Company Makes MoneyAddnode Group AB generates revenue primarily through the sale of software licenses, subscriptions, and consulting services. In its Design Management segment, the company provides software solutions for the architecture, engineering, and construction industries, helping clients to optimize design and construction processes. The Product Lifecycle Management segment focuses on software and services that aid in managing product data and lifecycle processes, particularly for the manufacturing sector. Revenue is also derived from maintenance contracts and support services. Significant partnerships with leading software providers and a strong presence in the Nordic region and other European markets contribute to Addnode Group's earnings.

Addnode Group AB Class B Financial Statement Overview

Summary
Addnode Group AB's financial performance in 2024 reflects strong growth and profitability, with a solid balance sheet and robust cash flow generation. The company's strategic management of debt and equity has positioned it well for future opportunities, though attention to financing activities is advised to mitigate potential risks.
Income Statement
82
Very Positive
Addnode Group AB has demonstrated consistent revenue growth with a 4.65% increase from 2023 to 2024. The gross profit margin improved significantly, and the net profit margin rose to 5.18% in 2024, reflecting enhanced profitability. The EBIT and EBITDA margins also show healthy profitability levels, indicating effective cost management and operational efficiency.
Balance Sheet
85
Very Positive
The company shows a strong balance sheet with no debt in 2024, drastically improving from previous years. The equity ratio is robust at 28.65%, indicating a stable financial structure and a solid foundation for growth. The return on equity stands at a healthy 16.35%, showing efficient use of shareholders' equity to generate profit.
Cash Flow
77
Positive
Operating cash flow has shown a substantial increase, supporting a 73.52% growth in free cash flow from 2023 to 2024. The ratios of operating cash flow and free cash flow to net income suggest a strong cash generation capability relative to net income. However, fluctuations in financing activities could pose potential risks.
Breakdown
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
6.81B7.76B7.41B6.22B4.08B3.81B
Gross Profit
3.55B4.20B511.00M1.23B831.00M711.00M
EBIT
560.00M598.00M424.00M527.00M305.00M229.00M
EBITDA
1.07B1.08B724.00M771.00M487.00M396.00M
Net Income Common Stockholders
372.00M402.00M279.00M382.00M223.00M163.00M
Balance SheetCash, Cash Equivalents and Short-Term Investments
680.00M674.00M667.00M600.00M406.00M644.00M
Total Assets
8.02B8.58B7.20B6.20B4.32B3.82B
Total Debt
0.001.73B1.67B1.07B776.00M828.00M
Net Debt
-680.00M1.05B1.00B469.00M370.00M184.00M
Total Liabilities
5.56B6.12B5.08B4.19B2.63B2.31B
Stockholders Equity
2.46B2.46B2.12B2.00B1.69B1.51B
Cash FlowFree Cash Flow
311.00M491.00M283.00M585.00M329.00M473.00M
Operating Cash Flow
523.00M701.00M485.00M714.00M437.00M579.00M
Investing Cash Flow
-512.00M-532.00M-672.00M-490.00M-398.00M-375.00M
Financing Cash Flow
-247.00M-211.00M276.00M-63.00M-305.00M193.00M

Addnode Group AB Class B Technical Analysis

Technical Analysis Sentiment
Positive
Last Price103.20
Price Trends
50DMA
94.06
Positive
100DMA
99.91
Positive
200DMA
101.60
Positive
Market Momentum
MACD
3.06
Negative
RSI
63.31
Neutral
STOCH
69.21
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ANOD.B, the sentiment is Positive. The current price of 103.2 is above the 20-day moving average (MA) of 97.84, above the 50-day MA of 94.06, and above the 200-day MA of 101.60, indicating a bullish trend. The MACD of 3.06 indicates Negative momentum. The RSI at 63.31 is Neutral, neither overbought nor oversold. The STOCH value of 69.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:ANOD.B.

Addnode Group AB Class B Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
kr3.09B15.0818.16%1.95%1.45%3.17%
75
Outperform
€13.75B36.6415.33%1.09%-13.25%26.07%
74
Outperform
kr5.65B60.0329.90%0.87%17.11%9.23%
66
Neutral
kr22.79B46.0428.15%0.52%9.26%-7.17%
66
Neutral
€18.35B43.619.58%0.61%22.21%13.71%
62
Neutral
$11.90B10.64-7.50%2.90%7.41%-8.19%
60
Neutral
€3.59B42.811.97%2.72%-9.43%-58.34%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:ANOD.B
Addnode Group AB Class B
103.20
-18.33
-15.08%
SE:KNOW
Knowit AB
128.80
-49.51
-27.77%
SE:LIME
Lime Technologies AB
425.00
63.74
17.64%
SE:PACT
Proact IT Group AB
116.20
-36.11
-23.71%
SE:TRUE.B
Truecaller AB Class B
65.90
32.65
98.18%
SE:VIT.B
Vitec Software Group AB Class B
460.40
-98.01
-17.55%

Addnode Group AB Class B Corporate Events

Addnode Group Acquires Norwegian No Code Company Genus
May 28, 2025

Addnode Group has announced the acquisition of Genus AS, a Norwegian company known for its No Code platform aimed at banks, insurance companies, and the public sector. This acquisition, set to be completed by July 2025, will enhance Addnode Group’s Process Management division, bolstering its position in the Nordics with Genus’ scalable platform and strong customer relationships. The transaction involves a mix of cash and Class B shares, with potential additional payments based on Genus’ future financial performance. The acquisition is anticipated to positively impact Addnode Group’s earnings per share.

The most recent analyst rating on ($SE:ANOD.B) stock is a Buy with a SEK110.00 price target. To see the full list of analyst forecasts on Addnode Group AB Class B stock, see the SE:ANOD.B Stock Forecast page.

Addnode Group AB’s AGM Highlights Financial Decisions and New Incentive Plan
May 7, 2025

Addnode Group AB held its Annual General Meeting where key decisions included the adoption of financial statements and the discharge of the Board and CEO from liability for 2024. The meeting approved a dividend distribution and re-elected several board members while introducing new ones. A significant highlight was the introduction of a long-term performance share-based incentive plan (LTIP 2025) aimed at aligning the interests of shareholders with those of the executive management and key employees, promoting long-term value creation and aiding in recruitment and retention.

Addnode Group Announces Inaugural Capital Markets Day 2025
May 6, 2025

Addnode Group has announced its inaugural Capital Markets Day, scheduled for September 22, 2025, in Stockholm. The event aims to update stakeholders on the company’s development and strategic priorities, featuring presentations from the Group Management team. The event will be accessible both in-person and digitally, with priority given to major stakeholders if capacity is reached. This initiative reflects Addnode Group’s commitment to transparency and engagement with its investors and stakeholders.

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.