Bilia AB Class A (BILI.A) AI Stock Analysis

• Market Cap: kr11.08B
• Dividend Yield: 4.43%
• Average Volume (3M): 77.18K
• Price to Earnings (P/E): 13.7
• Beta (1Y): 0.98
• Revenue Growth: 3.59%
• EPS Growth: 0.80%
• Country: SE
• Employees: 5,611
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Dealerships
• EPS (TTM): 2.44
• Shares Outstanding: 96,299,950
• 10 Day Avg. Volume: 87,963
• 30 Day Avg. Volume: 77,179
• PEG Ratio: 1.15
• Price to Book (P/B): 2.49
• Price to Sales (P/S): 0.31
• P/FCF Ratio: 20.73
• 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: kr145.00
• Price Target Upside: 9.19% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): 11.13
• Revenue Forecast (FY): kr41.86B

• Rating: 58 Neutral
• Price Target: kr133.00 ▲(0.15% Upside)
• Action: Reiterated Date: 03/03/26
• Date: Action: Reiterated 03/03/26

The score is primarily driven by mixed financial performance: profitability and improved free cash flow are positives, but margin compression, recent revenue softness, and sharply higher leverage increase cyclical risk. Valuation is supportive due to a moderate P/E and strong dividend yield, while technicals are weaker in the near term with stretched momentum.

Positive Factors

Improved cash generation

Operating cash flow improvement and a return to positive free cash flow in 2024–2025 strengthen the company’s ability to fund working capital, service operations and reinvest in workshops. Durable cash generation reduces reliance on external funding through business cycles and supports long-term operational resilience.

Recurring aftermarket and parts revenue

Aftermarket services, spare parts and authorized workshop revenue create recurring, higher-visibility cash flows independent of new-vehicle cycles. This installed-base linkage supports margin stability, steady service utilization and cross-sell (financing/insurance), underpinning long-term revenue predictability.

Profitable operations and healthy returns

Consistent profitability and healthy ROE in recent years indicate an ability to generate returns from core dealership and service operations. Sustained earnings allow reinvestment in service capacity and shareholder distributions, and provide a cushion against cyclical downturns in vehicle sales.

Negative Factors

Sharply increased leverage

A jump to roughly 2.7x debt-to-equity materially reduces financial flexibility in a cyclical auto retail business. Higher leverage raises interest expense sensitivity, refinancing risk and constrains capital allocation, making the company more vulnerable if vehicle demand or margins weaken over the medium term.

Margin compression vs prior years

Sustained margin erosion versus 2021–2022 suggests weaker pricing power or higher cost pressures in core retail and service operations. Lower operating and net margins reduce earnings resilience, limit reinvestment capacity and leave less buffer against cyclical revenue declines or interest cost increases.

Revenue softness and cyclicality

Dependence on new-vehicle sales and cyclical demand leads to uneven revenue; the 2025 revenue decline highlights this sensitivity. When combined with higher leverage and compressed margins, revenue volatility can meaningfully pressure cash flow and limit strategic investments across a 2–6 month to multi-quarter horizon.

Bilia AB Class A Business Overview & Revenue Model

Company Description

Bilia AB (publ) engages in the distribution and service of cars, heavy trucks, and transport vehicles. The company operates through Service, Cars, and Fuels segments. It sells new and used cars primarily of Volvo, BMW, Toyota, Mercedes, Renault, Lexus, MINI, Porsche, Nissan, Dacia, Smart and Alpine cars; and Renault, Toyota, Mercedes, Nissan, and Dacia transport vehicles; and Mercedes heavy trucks. The company also sells petrol, diesel, ethanol, and compressed gas; provides workshop services and spare parts, as well as car dismantling, rim repair, car wash, and wheel sales and storage, store sales and e-commerce; and offers supplementary services, such as financing and insurance services. It operates two online auction sites in Sweden and Norway. The company sells its products through stores and online. It operates approximately 155 facilities in Sweden, Norway, Germany, Luxembourg, and Belgium. The company was incorporated in 1967 and is headquartered in Gothenburg, Sweden.

How the Company Makes Money

Bilia AB generates revenue primarily through the sale of vehicles, both new and used, which constitutes a significant portion of its earnings. In addition to vehicle sales, the company earns income from its extensive service and maintenance operations, which include repairs, parts sales, and vehicle inspections. Financing solutions offered to customers through partnerships with banks and financial institutions also contribute to revenue. Moreover, Bilia's strong relationships with premium automotive brands allow for exclusive dealership rights, enhancing its market position and profitability. Seasonal promotions, trade-in programs, and loyalty incentives further drive customer engagement and sales volume.

Bilia AB Class A Financial Statement Overview

Summary

Profitable operations and improved cash generation (FCF positive again in 2024–2025), but recent revenue softness and multi-year margin compression reduce earnings quality. Balance-sheet risk is elevated as leverage stepped up sharply by 2025, lowering flexibility in a cyclical dealership business.

Income Statement

Revenue has been relatively stable but uneven, with a return to modest growth in 2024 followed by a decline in 2025. Profitability remains positive, but margins have compressed versus 2021–2022 levels (notably lower operating and net margins), signaling weaker pricing/promo dynamics and/or higher cost pressure. Still, the company is generating consistent earnings and maintains solid gross profit stability for an auto retail model.

Balance Sheet

Leverage has risen materially, with debt-to-equity increasing from roughly 1.2–1.6x (2020–2023) to ~1.9x in 2024 and ~2.7x in 2025, reducing balance-sheet flexibility. Equity is fairly steady, and returns on equity remain healthy in 2024–2025, but the higher debt load increases sensitivity to demand swings and financing costs—an important risk for a cyclical dealership business.

Cash Flow

Cash generation improved in 2024–2025, with operating cash flow rising and free cash flow turning positive again after negative free cash flow in 2022–2023. However, free cash flow conversion vs. earnings is mixed (stronger in 2024, weaker in 2025), and operating cash flow relative to revenue remains modest, suggesting working-capital swings can meaningfully impact reported cash results.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	40.41B	39.15B	38.51B	35.34B	35.51B
Gross Profit	6.70B	6.41B	6.14B	6.06B	6.01B
EBITDA	2.84B	2.81B	2.91B	3.49B	3.25B
Net Income	760.00M	662.00M	931.00M	1.62B	1.46B
Balance Sheet
Total Assets	20.23B	20.66B	19.39B	20.00B	17.20B
Cash, Cash Equivalents and Short-Term Investments	438.00M	331.00M	265.00M	456.00M	754.00M
Total Debt	13.60B	9.26B	7.69B	6.94B	5.53B
Total Liabilities	15.23B	15.72B	14.55B	15.11B	12.78B
Stockholders Equity	5.00B	4.94B	4.84B	4.89B	4.42B
Cash Flow
Free Cash Flow	600.00M	816.00M	-498.00M	-862.00M	730.00M
Operating Cash Flow	2.35B	2.05B	1.59B	676.00M	1.99B
Investing Cash Flow	-261.00M	-1.20B	-972.00M	-343.00M	-1.25B
Financing Cash Flow	-2.00B	-795.00M	-810.00M	-653.00M	-2.05B

Bilia AB Class A Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 132.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BILI.A, the sentiment is Negative. The current price of 132.8 is above the 20-day moving average (MA) of 131.76, above the 50-day MA of 130.63, and above the 200-day MA of 122.07, indicating a neutral trend. The MACD of -0.40 indicates Positive momentum. The RSI at 41.14 is Neutral, neither overbought nor oversold. The STOCH value of 11.59 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:BILI.A.

Bilia AB Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SKIS.B	65 Neutral	kr13.23B	-8.43	16.20%	1.79%	1.80%	28.19%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
BILI.A	58 Neutral	kr11.08B	13.69	15.18%	4.43%	3.59%	0.80%
DOM	55 Neutral	kr11.03B	-17.49	―	2.85%	-13.49%	60.49%
FOI.B	54 Neutral	kr6.12B	123.28	2.04%	6.24%	-2.98%	-30.48%
NEWA.B	52 Neutral	kr13.05B	19.42	12.33%	3.12%	2.80%	-8.84%
MEKO	47 Neutral	kr3.58B	112.96	0.68%	5.42%	2.16%	-90.31%

Bilia AB Class A Corporate Events

Bilia lifts 2025 profit and cash flow on Nordic strength, raises dividend

Bilia AB reported largely stable fourth-quarter 2025 net turnover of SEK 10.2 billion, with operational earnings rising to SEK 450 million, mainly driven by stronger results in Norway, and operating profit of SEK 370 million despite SEK 23 million in costs from an ongoing efficiency programme. For the full year 2025, net turnover increased 3% to SEK 40.4 billion, operating profit improved to SEK 1.27 billion, net profit rose to SEK 760 million, and operating cash flow strengthened to SEK 2.1 billion, supported by property divestments, allowing the board to propose a higher dividend of SEK 6.00 per share, underscoring solid cash generation and shareholder returns despite weaker results in Sweden.

The most recent analyst rating on ($SE:BILI.A) stock is a Hold with a SEK135.00 price target. To see the full list of analyst forecasts on Bilia AB Class A stock, see the SE:BILI.A Stock Forecast page.

Bilia to Present Q4 2025 Results in Audiocast and Teleconference

Bilia AB, a major European full-service automotive retail and service group, operates a comprehensive network of around 170 facilities in Northern Europe, offering vehicle sales, servicing, parts, fuel and related mobility services underpinned by a broad multi-brand portfolio. The company announced it will publish its fourth-quarter 2025 report on 5 February 2026 and will host press and analyst meetings the same day via audiocast and teleconference, where senior management will present the results and take questions, underscoring Bilia’s ongoing investor outreach and transparency with the capital markets.

The most recent analyst rating on ($SE:BILI.A) stock is a Hold with a SEK135.00 price target. To see the full list of analyst forecasts on Bilia AB Class A stock, see the SE:BILI.A Stock Forecast page.