BE Group AB (SE:BEGR)
:BEGR
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BE Group AB
(BEGR)
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Rating:43Neutral
Price Target:
kr24.00
▼(-12.73% Downside)
Action:ReiteratedDate:01/29/26
The score is primarily held down by deteriorating fundamentals—multi-year revenue declines, a swing to significant losses, and sharply weaker 2025 cash generation with negative free cash flow. Technicals also weigh on the score with the stock trading below key moving averages and negative MACD, though momentum is near oversold. Valuation offers limited support because the negative P/E reflects ongoing losses and dividend yield data is unavailable.
Positive Factors
Value-added distribution model
BE Group combines bulk steel distribution with value‑added processing (cutting, plate work) and logistics, creating recurring B2B revenue and stickier customer relationships. Over the medium term this supports higher-margin service revenue versus pure commodity trading, aiding margin recovery when volumes improve.
Negative Factors
Multi-year revenue decline
Top-line decline since 2022 (Fundamentals shows material negative growth) signals structural demand or market-share pressures. Sustained revenue erosion reduces scale benefits and fixed-cost absorption, constrains margin recovery and limits reinvestment capacity, making profit restoration harder over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Value-added distribution model
BE Group combines bulk steel distribution with value‑added processing (cutting, plate work) and logistics, creating recurring B2B revenue and stickier customer relationships. Over the medium term this supports higher-margin service revenue versus pure commodity trading, aiding margin recovery when volumes improve.
Read all positive factors
BE Group AB (BEGR) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr482.98M
Dividend YieldN/A
Average Volume (3M)23.07K
Price to Earnings (P/E)―
Beta (1Y)0.28
Revenue Growth-15.98%
EPS Growth-2831.45%
CountrySE
Employees596
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)-1.90
Shares Outstanding19,501,726
10 Day Avg. Volume19,471
30 Day Avg. Volume23,072
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.42
Price to Sales (P/S)0.10
P/FCF Ratio-20.43
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)12.8
Revenue Forecast (FY)kr5.86B
BE Group AB Business Overview & Revenue Model
Company Description
BE Group AB (publ) operates as a trading and service company in steel, stainless steel, and aluminum products in Sweden, Poland, Finland, and the Baltic States. The company offers long steel products comprising beams, hollow sections, steel bars, ...
How the Company Makes Money
BE Group generates revenue through multiple key streams. Its primary source of income comes from the sale of steel and metal products to various industries including construction, automotive, and engineering. The company also earns revenue through...
BE Group AB Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
48
Neutral
Cash Flow
28
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.93B | 4.67B | 5.33B | 6.88B | 5.39B |
| Gross Profit | 383.00M | 517.00M | 544.00M | 1.01B | 1.10B |
| EBITDA | -468.00M | 93.00M | 46.00M | 534.00M | 736.00M |
| Net Income | -538.00M | -42.00M | -60.00M | 324.00M | 495.00M |
Balance Sheet | |||||
| Total Assets | 2.19B | 2.92B | 3.02B | 3.34B | 3.10B |
| Cash, Cash Equivalents and Short-Term Investments | 61.00M | 9.00M | 74.00M | 50.00M | 54.00M |
| Total Debt | 687.00M | 778.00M | 813.00M | 906.00M | 776.00M |
| Total Liabilities | 1.22B | 1.53B | 1.60B | 1.70B | 1.69B |
| Stockholders Equity | 967.00M | 1.39B | 1.42B | 1.64B | 1.41B |
Cash Flow | |||||
| Free Cash Flow | -20.00M | 5.00M | 346.00M | 150.00M | 6.00M |
| Operating Cash Flow | 2.00M | 105.00M | 491.00M | 204.00M | 32.00M |
| Investing Cash Flow | -18.00M | -84.00M | -145.00M | -56.00M | -25.00M |
| Financing Cash Flow | 65.00M | -86.00M | -322.00M | -155.00M | -121.00M |
BE Group AB Technical Analysis
Positive
27.50
Price Trends
24.46
Positive
25.83
Negative
27.32
Negative
Market Momentum
-0.21
Negative
54.44
Neutral
94.67
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BEGR, the sentiment is Positive. The current price of 27.5 is above the 20-day moving average (MA) of 24.29, above the 50-day MA of 24.46, and above the 200-day MA of 27.32, indicating a neutral trend. The MACD of -0.21 indicates Negative momentum. The RSI at 54.44 is Neutral, neither overbought nor oversold. The STOCH value of 94.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:BEGR.
BE Group AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | kr78.94B | 39.99 | 7.29% | 3.75% | -8.04% | -37.18% | |
65 Neutral | kr78.94B | 39.99 | 7.23% | 3.80% | -8.04% | -37.18% | |
65 Neutral | kr19.80B | 30.52 | ― | 2.85% | -2.06% | -26.19% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | kr17.12B | 15.27 | 9.93% | 2.29% | 22.58% | 0.31% | |
53 Neutral | kr18.52B | 32.85 | 2.55% | 3.81% | 2.55% | 98.53% | |
43 Neutral | kr482.98M | -0.76 | -50.84% | ― | -15.98% | -2831.45% |
* Basic Materials Sector Average
SE:BEGR
BE Group AB
24.80
-12.29
-33.13%
SE:BILL
BillerudKorsnas AB
74.45
-15.62
-17.34%
SE:GRNG
Granges AB
160.80
58.01
56.43%
SE:SSAB.A
SSAB Corporation
79.66
28.65
56.17%
SE:SSAB.B
SSAB Corporation
79.02
28.76
57.24%
SE:ALLEI
Alleima AB
79.05
11.40
16.85%
BE Group AB Corporate Events
BE Group Swings to Heavy Loss in 2025 as Nordic Steel Slump and Write-Downs Bite
Jan 27, 2026
BE Group AB reported a sharp downturn for 2025 as weak demand in the Nordic steel market, especially in manufacturing, and disruptions from a new business system in Finland pushed the group to a full-year operating loss of SEK 586 million and a ne...
BE Group AB Appoints Acting CEO Amid Leadership Transition
Dec 16, 2025
BE Group AB has announced the appointment of Christoffer Franzén as Acting President and CEO, effective December 17, 2025, following the departure of Peter Andersson. Franzén, who is currently the CFO, will hold the position until Johan ...
BE Group AB Announces Share Capital Reduction and Articles of Association Amendment
Dec 16, 2025
BE Group AB held an extraordinary general meeting on December 16, 2025, where it was resolved to reduce the company’s share capital without canceling shares, reallocating it to non-restricted equity. This decision, pending approval from the ...
BE Group AB Announces Extraordinary General Meeting for Strategic Financial Resolutions
Nov 13, 2025
BE Group AB has announced an extraordinary general meeting to discuss key resolutions, including a reduction of share capital without cancellation of shares, which will allow the company to transfer funds from restricted to unrestricted equity. Th...
BE Group Appoints Johan Wiig as New CEO
Nov 3, 2025
BE Group has announced the appointment of Johan Wiig as its new President and CEO, effective March 2, 2026. Johan Wiig brings extensive experience and a successful track record from global industrial companies like SSAB, Scania, and Uddeholm. The ...
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.