Beijer Ref AB Class B (BEIJ.B) AI Stock Analysis

• Market Cap: kr84.03B
• Dividend Yield: 0.83%
• Average Volume (3M): 430.26K
• Price to Earnings (P/E): 35.4
• Beta (1Y): 1.19
• Revenue Growth: 11.65%
• EPS Growth: -2.60%
• Country: SE
• Employees: 6,733
• Sector: Industrials
• Sector Strength: 84
• Industry: Industrial - Machinery
• EPS (TTM): 1.56
• Shares Outstanding: 481,135,530
• 10 Day Avg. Volume: 412,539
• 30 Day Avg. Volume: 430,256
• PEG Ratio: -3.70
• Price to Book (P/B): 3.44
• Price to Sales (P/S): 2.32
• P/FCF Ratio: 31.37
• 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: kr165.98
• Price Target Upside: 0.20% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 72 Outperform
• Price Target: kr188.00 ▲(13.49% Upside)

Beijer Ref AB's strong financial performance is the most significant factor driving its overall stock score. Positive technical indicators are partially offset by high valuation metrics and overbought signals, suggesting caution. The absence of debt is a key strength, but the relatively high P/E ratio and low dividend yield limit attractiveness.

Beijer Ref AB Class B Business Overview & Revenue Model

Company Description

Beijer Ref AB Class B (BEIJ.B) is a leading global company specializing in the wholesale and distribution of refrigeration, air conditioning, and heating equipment. The company operates across several sectors, including commercial refrigeration, industrial refrigeration, and HVAC (heating, ventilation, and air conditioning) systems. Beijer Ref provides a wide range of products and services, offering everything from components to complete systems, and serves a diverse customer base across Europe, Africa, Asia, and Oceania.

How the Company Makes Money

Beijer Ref makes money primarily through the distribution and sale of refrigeration and HVAC equipment. The company generates revenue by sourcing products from a wide network of manufacturers and selling them to contractors, installers, and end-users. Beijer Ref also offers value-added services such as technical support, training, and after-sales service, which contribute to its revenue streams. Key revenue streams include the sale of commercial and industrial refrigeration systems, air conditioning units, and heating solutions. Strategic partnerships with leading manufacturers and a strong distribution network are significant factors that enhance the company's earnings potential, allowing it to maintain competitive pricing and expand its market reach.

Beijer Ref AB Class B Financial Statement Overview

Summary

Beijer Ref AB exhibits strong profitability, effective cash flow management, and a stable balance sheet. The absence of debt significantly strengthens its financial position, although there is a need to monitor the slight decline in stockholders' equity.

Income Statement

Beijer Ref AB demonstrates strong profitability and growth. The TTM (Trailing-Twelve-Months) gross profit margin is healthy at 53.6%, and the net profit margin stands at 6.3%. The company has shown substantial revenue growth with a rate of 14.7% from the previous year, indicating a positive growth trajectory. EBIT and EBITDA margins are also robust at 10.0% and 12.6%, respectively, showcasing operational efficiency.

Balance Sheet

The balance sheet reflects financial stability with a complete absence of debt in the TTM period, enhancing the company's financial flexibility. The equity ratio is 49.1%, indicating a solid equity base relative to total assets. However, a slight decline in stockholders' equity from the previous year suggests a need to monitor equity trends. The return on equity is commendable at 10.4%, reflecting effective use of equity capital.

Cash Flow

Cash flow analysis highlights effective cash generation, with a free cash flow growth rate of -2.4%, which is relatively stable. The operating cash flow to net income ratio is 1.3, and the free cash flow to net income ratio is also 1.3, indicating that the company efficiently converts earnings into cash. Despite slight fluctuations, the overall cash position remains strong.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	36.88B	35.66B	32.15B	22.64B	16.90B	14.06B
Gross Profit	11.85B	11.51B	3.13B	6.83B	5.04B	4.26B
EBITDA	4.65B	4.61B	4.07B	2.47B	1.84B	1.48B
Net Income	2.31B	2.23B	2.38B	1.25B	979.00M	722.32M
Balance Sheet
Total Assets	45.09B	46.15B	39.17B	21.86B	15.30B	11.40B
Cash, Cash Equivalents and Short-Term Investments	2.43B	3.06B	1.96B	1.52B	1.00B	1.15B
Total Debt	12.23B	12.67B	10.25B	8.61B	5.45B	3.94B
Total Liabilities	22.97B	21.93B	17.73B	15.15B	10.03B	6.91B
Stockholders Equity	22.13B	24.07B	21.32B	6.60B	5.17B	4.41B
Cash Flow
Free Cash Flow	3.01B	2.63B	1.39B	-139.00M	-112.95M	1.14B
Operating Cash Flow	3.01B	3.08B	1.75B	81.00M	89.12M	1.33B
Investing Cash Flow	-3.13B	-2.73B	-9.23B	-1.33B	-748.95M	-352.49M
Financing Cash Flow	701.00M	666.00M	7.97B	1.69B	469.06M	-560.45M

Beijer Ref AB Class B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 165.65
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BEIJ.B, the sentiment is Positive. The current price of 165.65 is above the 20-day moving average (MA) of 161.61, above the 50-day MA of 153.39, and above the 200-day MA of 156.97, indicating a bullish trend. The MACD of 3.50 indicates Positive momentum. The RSI at 62.18 is Neutral, neither overbought nor oversold. The STOCH value of 36.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:BEIJ.B.

Beijer Ref AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BEIJ.B	72 Outperform	kr84.03B	35.36	10.73%	0.83%	11.65%	-2.60%
Sector *	58 Neutral	HK$13.20B	4.34	-2.94%	5.79%	3.03%	-49.30%
0NNF	―	kr173.72B	21.71	20.37%	―	―	―
0GTR	―	kr30.17B	22.98	5.10%	―	―	―
0MQG	―	kr41.63B	21.04	31.98%	―	―	―
0NWX	―	kr104.09B	19.09	9.91%	―	―	―
0NL3	―	kr77.24B	22.39	9.31%	―	―	―