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

• Market Cap: kr74.24B
• Dividend Yield: 9.2%
• Average Volume (3M): 945.60K
• Price to Earnings (P/E): 32.2
• Beta (1Y): 1.18
• Revenue Growth: 13.64%
• EPS Growth: -4.83%
• Country: SE
• Employees: 6,733
• Sector: Industrials
• Sector Strength: 84
• Industry: Industrial - Machinery
• EPS (TTM): 0.94
• Shares Outstanding: 481,135,530
• 10 Day Avg. Volume: 809,361
• 30 Day Avg. Volume: 945,600
• PEG Ratio: 1.65
• Price to Book (P/B): 8.48
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -402.60
• 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

• Rating: 73 Outperform
• Price Target: kr163.00 ▲(9.58%Upside)

Beijer Ref AB's overall stock score is driven by strong financial performance, particularly in profitability and cash flow management, and a high dividend yield. Despite a high P/E ratio suggesting an expensive valuation, the company's solid financials and dividend yield provide a balanced investment proposition. Technical analysis reflects stability, without significant bullish or bearish signals.

Beijer Ref AB Class B Business Overview & Revenue Model

Company Description

Beijer Ref AB (publ), together with its subsidiaries, engages in the wholesale of refrigeration products for refrigeration installation contractors, and service and contracting companies. It offers refrigeration and air conditioning units, heat pumps, and components, as well as spare parts. The company also focuses on the development and manufacture of refrigeration systems and heat pumps on an original equipment manufacturing basis. It operates in the Nordic countries, Southern Europe, Central Europe, Eastern Europe, Africa, and the Asia Pacific. The company was formerly known as G & L Beijer AB (publ) and changed its name to Beijer Ref AB (publ) in May 2014. Beijer Ref AB (publ) was founded in 1866 and is headquartered in Malmö, Sweden.

How the Company Makes Money

Beijer Ref AB makes money primarily through the distribution and sale of refrigeration and air conditioning components and systems. The company's revenue model is based on a broad portfolio of products including compressors, condensers, evaporators, and complete refrigeration systems. Beijer Ref collaborates with a network of suppliers and manufacturers to provide cutting-edge solutions. Key revenue streams include the sale of branded products, third-party products, and service contracts. The company's growth is supported by strategic acquisitions and partnerships that expand its market reach and enhance its product offerings. Additionally, Beijer Ref benefits from its focus on sustainability and energy efficiency, which are increasingly important in the global market.

Beijer Ref AB Class B Financial Statement Overview

Summary

Beijer Ref AB exhibits a robust financial profile with strong profitability, effective cash flow management, and a stable balance sheet. The absence of debt in the latest period significantly strengthens its financial position, although the decline in equity warrants observation. Overall, the company is well-positioned for continued growth and operational efficiency, with minor areas for improvement in equity maintenance.

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	11.60B	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	0.00	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: 148.75
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 148.75 is above the 20-day moving average (MA) of 146.20, above the 50-day MA of 145.67, and below the 200-day MA of 157.78, indicating a neutral trend. The MACD of 0.42 indicates Negative momentum. The RSI at 54.30 is Neutral, neither overbought nor oversold. The STOCH value of 65.69 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	73 Outperform	kr74.24B	32.17	10.11%	9.20%	13.64%	-4.83%
Sector *	68 Neutral	£2.90B	10.32	8.40%	3.15%	2.88%	-10.00%
0NNF		kr162.73B	21.21	18.80%	20.83%	―	―
0GTR		kr27.94B	28.62	3.88%	19.49%	―	―
0MQG		kr38.30B	21.09	28.32%	26.91%	―	―
0NWX		kr96.24B	15.11	11.14%	3.67%	―	―
0NL3		kr80.68B	22.17	9.02%	20.75%	―	―