B3 Consulting Group AB (B3) AI Stock Analysis

• Market Cap: kr171.56M
• Dividend Yield: N/A
• Average Volume (3M): 12.00K
• Price to Earnings (P/E): 31.6
• Beta (1Y): 0.40
• Revenue Growth: 1.60%
• EPS Growth: -93.89%
• Country: SE
• Employees: 988
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 0.57
• Shares Outstanding: 9,478,479
• 10 Day Avg. Volume: 12,401
• 30 Day Avg. Volume: 12,003
• PEG Ratio: -0.40
• Price to Book (P/B): 1.81
• Price to Sales (P/S): 0.32
• P/FCF Ratio: 10.45
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 2.56
• Revenue Forecast (FY): kr1.19B

• Rating: 50 Neutral
• Price Target: kr19.00 ▼(-56.32% Downside)
• Action: Reiterated
• Date: 06/27/26

Positive Factors

Business model resilience

B3’s core model—billing consultant hours and delivering fixed-scope IT projects—creates recurring, contract-driven revenue tied to digital transformation demand. Time-and-materials plus fixed-price work and long-term frameworks give diversified revenue profiles and durable demand from public and private clients.

Negative Factors

Compressed profitability

Margins have collapsed from prior periods, leaving minimal earnings cushion. Very low net and EBIT margins reduce reinvestment ability and make results sensitive to utilization, pricing pressure or cost overruns. Persistent low margins would undermine returns and strategic flexibility over coming quarters.

B3 Consulting Group AB Business Overview & Revenue Model

Company Description

Operating out of Stockholm, Sweden, B3 Consulting Group AB (publ) specializes in delivering IT and management advisory services throughout Sweden. The company, which was founded in 2003, underwent a name change in May 2018, transitioning from its ...

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Operating out of Stockholm, Sweden, B3 Consulting Group AB (publ) specializes in delivering IT and management advisory services throughout Sweden. The company, which was founded in 2003, underwent a name change in May 2018, transitioning from its ...

How the Company Makes Money

B3 primarily makes money by selling professional consulting services (time-and-materials and/or fixed-scope project work) to organizations that need IT and business transformation capabilities. The core revenue stream is consultancy fees billed fo...

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B3 primarily makes money by selling professional consulting services (time-and-materials and/or fixed-scope project work) to organizations that need IT and business transformation capabilities. The core revenue stream is consultancy fees billed fo...

B3 Consulting Group AB Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.19B	1.21B	1.13B	1.14B	1.15B	921.89M
Gross Profit	103.70M	301.60M	286.00M	180.60M	358.18M	146.28M
EBITDA	74.10M	78.60M	137.60M	113.40M	158.34M	88.06M
Net Income	5.30M	10.90M	83.30M	60.50M	103.30M	45.29M
Balance Sheet
Total Assets	871.00M	835.80M	885.30M	632.60M	622.98M	559.72M
Cash, Cash Equivalents and Short-Term Investments	62.70M	63.50M	77.70M	48.90M	83.39M	54.24M
Total Debt	326.90M	328.50M	303.00M	171.00M	100.03M	104.52M
Total Liabilities	608.90M	576.00M	623.10M	452.40M	395.03M	365.11M
Stockholders Equity	210.70M	212.70M	232.50M	156.70M	194.95M	174.32M
Cash Flow
Free Cash Flow	31.30M	36.90M	-11.70M	62.90M	150.93M	75.50M
Operating Cash Flow	32.50M	37.90M	-7.20M	67.80M	151.71M	77.66M
Investing Cash Flow	-52.70M	-70.30M	-18.50M	-2.10M	-4.47M	-7.36M
Financing Cash Flow	-20.30M	19.20M	61.70M	-100.20M	-118.09M	-62.45M

B3 Consulting Group AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 43.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:B3, the sentiment is Negative. The current price of 43.5 is above the 20-day moving average (MA) of 21.79, above the 50-day MA of 26.13, and above the 200-day MA of 37.69, indicating a bearish trend. The MACD of -2.22 indicates Positive momentum. The RSI at 12.83 is Positive, neither overbought nor oversold. The STOCH value of 3.71 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:B3.

B3 Consulting Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PACT	78 Outperform	kr3.29B	21.02	14.35%	2.13%	-3.72%	-23.68%
SOF.B	77 Outperform	kr1.15B	16.47	23.47%	6.29%	12.85%	-12.78%
CAG	74 Outperform	kr763.20M	16.00	―	3.83%	-4.22%	-2.12%
EXS	65 Neutral	kr1.37B	14.98	15.90%	1.13%	6.46%	46.26%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
KNOW	52 Neutral	kr2.16B	-7.34	2.38%	2.03%	-9.43%	-451.25%
B3	50 Neutral	kr171.56M	31.59	1.19%	―	1.60%	-93.89%