B3 Consulting Group AB (B3) AI Stock Analysis

• Market Cap: kr320.73M
• Dividend Yield: N/A
• Average Volume (3M): 12.00K
• Price to Earnings (P/E): 35.4
• Beta (1Y): 0.24
• Revenue Growth: 13.21%
• EPS Growth: -97.19%
• Country: SE
• Employees: 988
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 0.66
• Shares Outstanding: 9,111,648
• 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): 5.38
• Revenue Forecast (FY): kr1.24B

• Rating: 43 Neutral
• Price Target: kr33.00 ▼(-24.14% Downside)
• Action: Reiterated Date: 02/21/26
• Date: Action: Reiterated 02/21/26

The score is held down primarily by the sharp decline in 2025 profitability alongside higher leverage, plus weak technical trends. A very high P/E further pressures the rating, partially offset by improved operating and free cash flow in 2025.

Positive Factors

Improved cash generation

The shift to positive operating and free cash flow in 2025 signals stronger cash conversion and earnings quality. Durable cash generation supports reinvestment in recruiting, training and technology, reduces reliance on external funding, and gives flexibility to manage working-capital swings common in consulting.

Negative Factors

Sharp margin deterioration

Substantially compressed gross and net margins materially weaken the firm's ability to absorb cost increases or invest in talent and systems. For a labor-intensive consulting model, sustained low margins signal pricing or mix pressure and reduce long-term return on capital and strategic flexibility.

B3 Consulting Group AB Business Overview & Revenue Model

Company Description

B3 Consulting Group AB (publ) provides IT and management consultancy services in Sweden. The company was formerly known as B3IT Management AB (publ) and changed its name to B3 Consulting Group AB (publ) in May 2018. B3 Consulting Group AB (publ) w...

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B3 Consulting Group AB (publ) provides IT and management consultancy services in Sweden. The company was formerly known as B3IT Management AB (publ) and changed its name to B3 Consulting Group AB (publ) in May 2018. B3 Consulting Group AB (publ) w...

How the Company Makes Money

B3 primarily makes money by selling consulting services (professional services) to clients, with revenue largely driven by time-and-materials billing where consultants are charged out on hourly or daily rates. Key revenue streams typically include...

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B3 primarily makes money by selling consulting services (professional services) to clients, with revenue largely driven by time-and-materials billing where consultants are charged out on hourly or daily rates. Key revenue streams typically include...

B3 Consulting Group AB Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.21B	1.13B	1.14B	1.15B	921.89M
Gross Profit	44.00M	286.00M	180.60M	358.18M	146.28M
EBITDA	78.60M	137.60M	113.40M	158.34M	88.06M
Net Income	10.90M	83.30M	60.50M	103.30M	45.29M
Balance Sheet
Total Assets	835.80M	885.30M	632.60M	622.98M	559.72M
Cash, Cash Equivalents and Short-Term Investments	63.50M	77.70M	48.90M	83.39M	54.24M
Total Debt	328.50M	303.00M	171.00M	100.03M	104.52M
Total Liabilities	576.00M	623.10M	452.40M	395.03M	365.11M
Stockholders Equity	212.70M	232.50M	156.70M	194.95M	174.32M
Cash Flow
Free Cash Flow	36.90M	-11.70M	62.90M	150.93M	75.50M
Operating Cash Flow	37.90M	-7.20M	67.80M	151.71M	77.66M
Investing Cash Flow	-70.30M	-18.50M	-2.10M	-4.47M	-7.36M
Financing Cash Flow	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: Negative
• RSI: Neutral
• STOCH: Negative

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 35.25, above the 50-day MA of 36.97, and below the 200-day MA of 45.82, indicating a bearish trend. The MACD of -0.49 indicates Negative momentum. The RSI at 47.72 is Neutral, neither overbought nor oversold. The STOCH value of 83.14 is Negative, 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
EXS	65 Neutral	kr1.42B	20.39	15.90%	1.13%	10.92%	-2.56%
CAG	63 Neutral	kr766.93M	15.82	―	3.83%	-4.42%	-6.27%
PACT	62 Neutral	kr2.73B	24.25	14.35%	2.13%	-4.36%	-31.55%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SOF.B	59 Neutral	kr1.18B	17.36	23.47%	6.29%	4.00%	-12.08%
KNOW	58 Neutral	kr2.92B	-11.31	2.38%	2.03%	-9.85%	-38.24%
B3	43 Neutral	kr320.73M	35.36	1.19%	―	13.21%	-97.19%